IMIDX vs. DGRO
Compare and contrast key facts about Congress Mid Cap Growth Fund (IMIDX) and iShares Core Dividend Growth ETF (DGRO).
IMIDX is managed by Congress. It was launched on Oct 31, 2012. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IMIDX or DGRO.
Key characteristics
| IMIDX | DGRO | |
|---|---|---|
| YTD Return | 3.33% | 16.00% |
| 1Y Return | 10.60% | 21.47% |
| 3Y Return (Ann) | -2.96% | 8.63% |
| 5Y Return (Ann) | 10.04% | 12.03% |
| 10Y Return (Ann) | 10.40% | 11.89% |
| Sharpe Ratio | 0.73 | 2.22 |
| Daily Std Dev | 16.31% | 10.24% |
| Max Drawdown | -35.15% | -35.10% |
| Current Drawdown | -14.61% | -0.58% |
Correlation
The correlation between IMIDX and DGRO is 0.82, 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
IMIDX vs. DGRO - Performance Comparison
In the year-to-date period, IMIDX achieves a 3.33% return, which is significantly lower than DGRO's 16.00% return. Over the past 10 years, IMIDX has underperformed DGRO with an annualized return of 10.40%, while DGRO has yielded a comparatively higher 11.89% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IMIDX vs. DGRO - Expense Ratio Comparison
IMIDX has a 0.79% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Risk-Adjusted Performance
IMIDX vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Congress Mid Cap Growth Fund (IMIDX) and iShares Core Dividend Growth ETF (DGRO). 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
IMIDX vs. DGRO - Dividend Comparison
IMIDX's dividend yield for the trailing twelve months is around 6.07%, more than DGRO's 2.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMIDX Congress Mid Cap Growth Fund | 6.07% | 6.27% | 5.80% | 12.29% | 2.06% | 5.41% | 2.99% | 0.04% | 1.11% | 0.80% | 3.96% | 1.54% |
DGRO iShares Core Dividend Growth ETF | 2.20% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% | 0.00% |
Drawdowns
IMIDX vs. DGRO - Drawdown Comparison
The maximum IMIDX drawdown since its inception was -35.15%, roughly equal to the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for IMIDX and DGRO. For additional features, visit the drawdowns tool.
Volatility
IMIDX vs. DGRO - Volatility Comparison
Congress Mid Cap Growth Fund (IMIDX) has a higher volatility of 5.11% compared to iShares Core Dividend Growth ETF (DGRO) at 2.80%. This indicates that IMIDX's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.