MFIC vs. ^GSPC
Compare and contrast key facts about MidCap Financial Investment Corporation (MFIC) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MFIC or ^GSPC.
Correlation
The correlation between MFIC and ^GSPC is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MFIC vs. ^GSPC - Performance Comparison
Key characteristics
MFIC:
0.53
^GSPC:
1.79
MFIC:
0.79
^GSPC:
2.41
MFIC:
1.11
^GSPC:
1.33
MFIC:
0.57
^GSPC:
2.73
MFIC:
1.21
^GSPC:
11.19
MFIC:
7.82%
^GSPC:
2.07%
MFIC:
17.97%
^GSPC:
12.98%
MFIC:
-87.97%
^GSPC:
-56.78%
MFIC:
-6.81%
^GSPC:
-0.78%
Returns By Period
In the year-to-date period, MFIC achieves a 2.00% return, which is significantly lower than ^GSPC's 3.22% return. Over the past 10 years, MFIC has underperformed ^GSPC with an annualized return of 7.79%, while ^GSPC has yielded a comparatively higher 11.66% annualized return.
MFIC
2.00%
1.47%
3.96%
9.63%
8.30%
7.79%
^GSPC
3.22%
3.22%
11.47%
25.29%
13.53%
11.66%
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Risk-Adjusted Performance
MFIC vs. ^GSPC — Risk-Adjusted Performance Rank
MFIC
^GSPC
MFIC vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MidCap Financial Investment Corporation (MFIC) and S&P 500 (^GSPC). 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.
Drawdowns
MFIC vs. ^GSPC - Drawdown Comparison
The maximum MFIC drawdown since its inception was -87.97%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for MFIC and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
MFIC vs. ^GSPC - Volatility Comparison
The current volatility for MidCap Financial Investment Corporation (MFIC) is 3.87%, while S&P 500 (^GSPC) has a volatility of 4.12%. This indicates that MFIC experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.