IVOG vs. MSCGX
Compare and contrast key facts about Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) and Mercer US Small/Mid Cap Equity Fund (MSCGX).
IVOG is a passively managed fund by Vanguard that tracks the performance of the S&P MidCap 400 Growth Index. It was launched on Sep 7, 2010. MSCGX is managed by Mercer Funds. It was launched on Aug 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IVOG or MSCGX.
Performance
IVOG vs. MSCGX - Performance Comparison
Returns By Period
In the year-to-date period, IVOG achieves a 22.11% return, which is significantly higher than MSCGX's 19.56% return.
IVOG
22.11%
4.26%
8.61%
31.73%
11.95%
10.26%
MSCGX
19.56%
6.20%
13.91%
31.49%
4.97%
N/A
Key characteristics
| IVOG | MSCGX | |
|---|---|---|
| Sharpe Ratio | 1.99 | 2.03 |
| Sortino Ratio | 2.78 | 2.87 |
| Omega Ratio | 1.34 | 1.36 |
| Calmar Ratio | 2.19 | 0.94 |
| Martin Ratio | 10.40 | 10.65 |
| Ulcer Index | 3.13% | 3.03% |
| Daily Std Dev | 16.35% | 15.92% |
| Max Drawdown | -39.32% | -41.30% |
| Current Drawdown | -1.37% | -13.38% |
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IVOG vs. MSCGX - Expense Ratio Comparison
IVOG has a 0.15% expense ratio, which is lower than MSCGX's 0.48% expense ratio.
Correlation
The correlation between IVOG and MSCGX is 0.95, 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.
Risk-Adjusted Performance
IVOG vs. MSCGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) and Mercer US Small/Mid Cap Equity Fund (MSCGX). 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
IVOG vs. MSCGX - Dividend Comparison
IVOG's dividend yield for the trailing twelve months is around 0.94%, more than MSCGX's 0.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVOG Vanguard S&P Mid-Cap 400 Growth ETF | 0.94% | 1.15% | 1.05% | 0.47% | 0.74% | 1.17% | 1.01% | 0.93% | 1.03% | 1.04% | 0.81% | 0.66% |
MSCGX Mercer US Small/Mid Cap Equity Fund | 0.84% | 1.00% | 1.04% | 0.69% | 0.55% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IVOG vs. MSCGX - Drawdown Comparison
The maximum IVOG drawdown since its inception was -39.32%, roughly equal to the maximum MSCGX drawdown of -41.30%. Use the drawdown chart below to compare losses from any high point for IVOG and MSCGX. For additional features, visit the drawdowns tool.
Volatility
IVOG vs. MSCGX - Volatility Comparison
The current volatility for Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) is 5.20%, while Mercer US Small/Mid Cap Equity Fund (MSCGX) has a volatility of 5.92%. This indicates that IVOG experiences smaller price fluctuations and is considered to be less risky than MSCGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.