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IMCG vs. MDYG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IMCG and MDYG is 0.89, 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.


-0.50.00.51.00.9

Performance

IMCG vs. MDYG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Morningstar Mid-Cap Growth ETF (IMCG) and SPDR S&P 400 Mid Cap Growth ETF (MDYG). The values are adjusted to include any dividend payments, if applicable.

450.00%500.00%550.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
576.28%
503.31%
IMCG
MDYG

Key characteristics

Sharpe Ratio

IMCG:

1.57

MDYG:

1.10

Sortino Ratio

IMCG:

2.16

MDYG:

1.60

Omega Ratio

IMCG:

1.27

MDYG:

1.19

Calmar Ratio

IMCG:

1.38

MDYG:

1.74

Martin Ratio

IMCG:

8.07

MDYG:

5.63

Ulcer Index

IMCG:

2.84%

MDYG:

3.24%

Daily Std Dev

IMCG:

14.62%

MDYG:

16.54%

Max Drawdown

IMCG:

-58.96%

MDYG:

-59.09%

Current Drawdown

IMCG:

-5.41%

MDYG:

-7.62%

Returns By Period

In the year-to-date period, IMCG achieves a 20.26% return, which is significantly higher than MDYG's 16.59% return. Over the past 10 years, IMCG has outperformed MDYG with an annualized return of 12.07%, while MDYG has yielded a comparatively lower 9.73% annualized return.


IMCG

YTD

20.26%

1M

-1.04%

6M

13.49%

1Y

21.16%

5Y*

12.62%

10Y*

12.07%

MDYG

YTD

16.59%

1M

-3.11%

6M

4.23%

1Y

16.66%

5Y*

10.03%

10Y*

9.73%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


IMCG vs. MDYG - Expense Ratio Comparison

IMCG has a 0.06% expense ratio, which is lower than MDYG's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


MDYG
SPDR S&P 400 Mid Cap Growth ETF
Expense ratio chart for MDYG: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%
Expense ratio chart for IMCG: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

IMCG vs. MDYG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Mid-Cap Growth ETF (IMCG) 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.


Sharpe ratio
The chart of Sharpe ratio for IMCG, currently valued at 1.57, compared to the broader market0.002.004.001.571.10
The chart of Sortino ratio for IMCG, currently valued at 2.16, compared to the broader market-2.000.002.004.006.008.0010.002.161.60
The chart of Omega ratio for IMCG, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.001.271.19
The chart of Calmar ratio for IMCG, currently valued at 1.38, compared to the broader market0.005.0010.0015.001.381.74
The chart of Martin ratio for IMCG, currently valued at 8.07, compared to the broader market0.0020.0040.0060.0080.00100.008.075.63
IMCG
MDYG

The current IMCG Sharpe Ratio is 1.57, which is higher than the MDYG Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of IMCG and MDYG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.57
1.10
IMCG
MDYG

Dividends

IMCG vs. MDYG - Dividend Comparison

IMCG's dividend yield for the trailing twelve months is around 0.77%, more than MDYG's 0.61% yield.


TTM20232022202120202019201820172016201520142013
IMCG
iShares Morningstar Mid-Cap Growth ETF
0.77%0.85%0.91%0.41%0.09%0.30%0.35%0.45%0.52%0.38%0.60%0.36%
MDYG
SPDR S&P 400 Mid Cap Growth ETF
0.61%1.19%1.16%0.69%0.71%1.21%1.36%2.23%1.25%2.48%1.60%0.82%

Drawdowns

IMCG vs. MDYG - Drawdown Comparison

The maximum IMCG drawdown since its inception was -58.96%, roughly equal to the maximum MDYG drawdown of -59.09%. Use the drawdown chart below to compare losses from any high point for IMCG and MDYG. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.41%
-7.62%
IMCG
MDYG

Volatility

IMCG vs. MDYG - Volatility Comparison

iShares Morningstar Mid-Cap Growth ETF (IMCG) and SPDR S&P 400 Mid Cap Growth ETF (MDYG) have volatilities of 5.57% and 5.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.57%
5.34%
IMCG
MDYG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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