MDY vs. VBR
Compare and contrast key facts about SPDR S&P MidCap 400 ETF (MDY) and Vanguard Small-Cap Value ETF (VBR).
MDY and VBR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MDY is a passively managed fund by State Street that tracks the performance of the S&P MidCap 400 Index. It was launched on May 4, 1995. VBR is a passively managed fund by Vanguard that tracks the performance of the MSCI US Small Cap Value Index. It was launched on Jan 26, 2004. Both MDY and VBR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MDY or VBR.
Key characteristics
| MDY | VBR | |
|---|---|---|
| YTD Return | 20.79% | 20.64% |
| 1Y Return | 37.93% | 39.82% |
| 3Y Return (Ann) | 6.09% | 7.31% |
| 5Y Return (Ann) | 12.37% | 12.30% |
| 10Y Return (Ann) | 10.29% | 9.71% |
| Sharpe Ratio | 2.42 | 2.41 |
| Sortino Ratio | 3.38 | 3.39 |
| Omega Ratio | 1.42 | 1.43 |
| Calmar Ratio | 2.84 | 3.37 |
| Martin Ratio | 14.36 | 13.99 |
| Ulcer Index | 2.76% | 2.95% |
| Daily Std Dev | 16.36% | 17.15% |
| Max Drawdown | -55.33% | -62.01% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between MDY and VBR is 0.96, 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
MDY vs. VBR - Performance Comparison
The year-to-date returns for both stocks are quite close, with MDY having a 20.79% return and VBR slightly lower at 20.64%. Over the past 10 years, MDY has outperformed VBR with an annualized return of 10.29%, while VBR has yielded a comparatively lower 9.71% 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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MDY vs. VBR - Expense Ratio Comparison
MDY has a 0.23% expense ratio, which is higher than VBR's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
MDY vs. VBR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P MidCap 400 ETF (MDY) and Vanguard Small-Cap Value ETF (VBR). 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
MDY vs. VBR - Dividend Comparison
MDY's dividend yield for the trailing twelve months is around 1.08%, less than VBR's 1.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDY SPDR S&P MidCap 400 ETF | 1.08% | 1.21% | 1.37% | 0.96% | 1.12% | 1.34% | 1.39% | 1.18% | 1.31% | 1.35% | 1.17% | 1.07% |
VBR Vanguard Small-Cap Value ETF | 1.86% | 2.12% | 2.03% | 1.75% | 1.68% | 2.06% | 2.35% | 1.79% | 1.77% | 1.99% | 1.77% | 1.87% |
Drawdowns
MDY vs. VBR - Drawdown Comparison
The maximum MDY drawdown since its inception was -55.33%, smaller than the maximum VBR drawdown of -62.01%. Use the drawdown chart below to compare losses from any high point for MDY and VBR. For additional features, visit the drawdowns tool.
Volatility
MDY vs. VBR - Volatility Comparison
The current volatility for SPDR S&P MidCap 400 ETF (MDY) is 5.10%, while Vanguard Small-Cap Value ETF (VBR) has a volatility of 5.59%. This indicates that MDY experiences smaller price fluctuations and is considered to be less risky than VBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.