DHTAX vs. MDYG
Compare and contrast key facts about Diamond Hill All Cap Select Fund (DHTAX) and SPDR S&P 400 Mid Cap Growth ETF (MDYG).
DHTAX is managed by Diamond Hill. It was launched on Dec 30, 2005. MDYG is a passively managed fund by State Street that tracks the performance of the S&P MidCap 400 Growth Index. It was launched on Nov 8, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DHTAX or MDYG.
Correlation
The correlation between DHTAX and MDYG is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DHTAX vs. MDYG - Performance Comparison
Key characteristics
DHTAX:
0.28
MDYG:
0.69
DHTAX:
0.49
MDYG:
1.07
DHTAX:
1.06
MDYG:
1.13
DHTAX:
0.35
MDYG:
1.25
DHTAX:
0.87
MDYG:
2.88
DHTAX:
5.48%
MDYG:
3.95%
DHTAX:
16.94%
MDYG:
16.36%
DHTAX:
-57.56%
MDYG:
-59.09%
DHTAX:
-10.19%
MDYG:
-6.96%
Returns By Period
In the year-to-date period, DHTAX achieves a 2.01% return, which is significantly higher than MDYG's 1.37% return. Over the past 10 years, DHTAX has underperformed MDYG with an annualized return of 5.95%, while MDYG has yielded a comparatively higher 9.26% annualized return.
DHTAX
2.01%
-2.45%
-4.18%
5.22%
8.28%
5.95%
MDYG
1.37%
-4.53%
3.04%
12.33%
9.56%
9.26%
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DHTAX vs. MDYG - Expense Ratio Comparison
DHTAX has a 1.16% expense ratio, which is higher than MDYG's 0.15% expense ratio.
Risk-Adjusted Performance
DHTAX vs. MDYG — Risk-Adjusted Performance Rank
DHTAX
MDYG
DHTAX vs. MDYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Diamond Hill All Cap Select Fund (DHTAX) and SPDR S&P 400 Mid Cap Growth ETF (MDYG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DHTAX vs. MDYG - Dividend Comparison
DHTAX's dividend yield for the trailing twelve months is around 0.59%, less than MDYG's 0.85% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHTAX Diamond Hill All Cap Select Fund | 0.59% | 0.60% | 0.22% | 0.00% | 0.81% | 0.28% | 0.00% | 0.50% | 0.00% | 0.00% | 0.00% | 0.42% |
MDYG SPDR S&P 400 Mid Cap Growth ETF | 0.85% | 0.87% | 1.19% | 1.16% | 0.69% | 0.71% | 1.21% | 1.36% | 2.23% | 1.25% | 2.48% | 1.60% |
Drawdowns
DHTAX vs. MDYG - Drawdown Comparison
The maximum DHTAX drawdown since its inception was -57.56%, roughly equal to the maximum MDYG drawdown of -59.09%. Use the drawdown chart below to compare losses from any high point for DHTAX and MDYG. For additional features, visit the drawdowns tool.
Volatility
DHTAX vs. MDYG - Volatility Comparison
The current volatility for Diamond Hill All Cap Select Fund (DHTAX) is 3.27%, while SPDR S&P 400 Mid Cap Growth ETF (MDYG) has a volatility of 3.94%. This indicates that DHTAX experiences smaller price fluctuations and is considered to be less risky than MDYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.