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MDY vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

MDY vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P MidCap 400 ETF (MDY) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
12.00%
13.62%
MDY
VOO

Returns By Period

In the year-to-date period, MDY achieves a 19.40% return, which is significantly lower than VOO's 26.16% return. Over the past 10 years, MDY has underperformed VOO with an annualized return of 9.97%, while VOO has yielded a comparatively higher 13.18% annualized return.


MDY

YTD

19.40%

1M

4.74%

6M

12.00%

1Y

30.43%

5Y (annualized)

12.10%

10Y (annualized)

9.97%

VOO

YTD

26.16%

1M

1.77%

6M

13.62%

1Y

32.33%

5Y (annualized)

15.68%

10Y (annualized)

13.18%

Key characteristics


MDYVOO
Sharpe Ratio1.952.70
Sortino Ratio2.743.60
Omega Ratio1.341.50
Calmar Ratio3.053.90
Martin Ratio11.1517.65
Ulcer Index2.80%1.86%
Daily Std Dev16.01%12.19%
Max Drawdown-55.33%-33.99%
Current Drawdown-1.15%-0.86%

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MDY vs. VOO - Expense Ratio Comparison

MDY has a 0.23% expense ratio, which is higher than VOO's 0.03% 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%.


MDY
SPDR S&P MidCap 400 ETF
Expense ratio chart for MDY: current value at 0.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.23%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Correlation

-0.50.00.51.00.9

The correlation between MDY and VOO is 0.88, 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

MDY vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P MidCap 400 ETF (MDY) and Vanguard S&P 500 ETF (VOO). 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 MDY, currently valued at 1.95, compared to the broader market0.002.004.001.952.70
The chart of Sortino ratio for MDY, currently valued at 2.74, compared to the broader market-2.000.002.004.006.008.0010.002.743.60
The chart of Omega ratio for MDY, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.001.341.50
The chart of Calmar ratio for MDY, currently valued at 3.05, compared to the broader market0.005.0010.0015.003.053.90
The chart of Martin ratio for MDY, currently valued at 11.15, compared to the broader market0.0020.0040.0060.0080.00100.0011.1517.65
MDY
VOO

The current MDY Sharpe Ratio is 1.95, which is comparable to the VOO Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of MDY and VOO, 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 Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
1.95
2.70
MDY
VOO

Dividends

MDY vs. VOO - Dividend Comparison

MDY's dividend yield for the trailing twelve months is around 1.09%, less than VOO's 1.24% yield.


TTM20232022202120202019201820172016201520142013
MDY
SPDR S&P MidCap 400 ETF
1.09%1.21%1.37%0.96%1.12%1.34%1.39%1.18%1.31%1.35%1.17%1.07%
VOO
Vanguard S&P 500 ETF
1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

MDY vs. VOO - Drawdown Comparison

The maximum MDY drawdown since its inception was -55.33%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MDY and VOO. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.15%
-0.86%
MDY
VOO

Volatility

MDY vs. VOO - Volatility Comparison

SPDR S&P MidCap 400 ETF (MDY) has a higher volatility of 5.40% compared to Vanguard S&P 500 ETF (VOO) at 3.99%. This indicates that MDY's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
5.40%
3.99%
MDY
VOO