MGOYX vs. SECUX

Last updated Jun 4, 2026

MGOYX (Victory Munder Mid-Cap Core Growth Fund) and SECUX (Guggenheim StylePlus - Mid Growth Fund) are both Mid Cap Growth Equities funds. Over the past 10 years, MGOYX returned 11.03%/yr vs 11.33%/yr for SECUX. Their correlation of 0.91 suggests significant overlap in exposure. MGOYX charges 0.98%/yr vs 1.42%/yr for SECUX.

Performance

MGOYX vs. SECUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victory Munder Mid-Cap Core Growth Fund (MGOYX) and Guggenheim StylePlus - Mid Growth Fund (SECUX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MGOYX achieves a 19.17% return, which is significantly higher than SECUX's 16.16% return. Both investments have delivered pretty close results over the past 10 years, with MGOYX having a 11.03% annualized return and SECUX not far ahead at 11.33%.

MGOYX

• 1D: 0.99%
• 1M: 2.80%
• YTD: 19.17%
• 6M: 18.86%
• 1Y: 29.11%
• 3Y*: 18.69%
• 5Y*: 8.35%
• 10Y*: 11.03%

SECUX

• 1D: 1.03%
• 1M: 5.29%
• YTD: 16.16%
• 6M: 16.31%
• 1Y: 18.16%
• 3Y*: 15.63%
• 5Y*: 6.06%
• 10Y*: 11.33%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MGOYX vs. SECUX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MGOYX Victory Munder Mid-Cap Core Growth Fund	19.17%	12.03%	10.93%	14.82%	-21.31%	25.97%	20.61%	26.22%	-14.19%	24.55%
SECUX Guggenheim StylePlus - Mid Growth Fund	16.16%	1.86%	14.29%	26.43%	-28.33%	13.39%	31.95%	32.44%	-7.76%	24.15%

Correlation

The correlation between MGOYX and SECUX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jun 25, 1998	0.91

The correlation between MGOYX and SECUX has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

Return for Risk

MGOYX vs. SECUX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MGOYX

MGOYX Risk / Return Rank: 63
MGOYX Sharpe Ratio Rank: 53
MGOYX Sortino Ratio Rank: 52
MGOYX Omega Ratio Rank: 48
MGOYX Calmar Ratio Rank: 83
MGOYX Martin Ratio Rank: 79

SECUX

SECUX Risk / Return Rank: 24
SECUX Sharpe Ratio Rank: 19
SECUX Sortino Ratio Rank: 19
SECUX Omega Ratio Rank: 18
SECUX Calmar Ratio Rank: 32
SECUX Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MGOYX vs. SECUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victory Munder Mid-Cap Core Growth Fund (MGOYX) and Guggenheim StylePlus - Mid Growth Fund (SECUX). 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.

	MGOYX	SECUX	Difference
Sharpe ratio Return per unit of total volatility	2.15	1.23	+0.92
Sortino ratio Return per unit of downside risk	3.05	1.82	+1.23
Omega ratio Gain probability vs. loss probability	1.38	1.22	+0.17
Calmar ratio Return relative to maximum drawdown	3.85	2.12	+1.73
Martin ratio Return relative to average drawdown	14.85	7.20	+7.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MGOYX vs. SECUX - Sharpe Ratio Comparison

The current MGOYX Sharpe Ratio is 2.15, which is higher than the SECUX Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of MGOYX and SECUX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MGOYX	SECUX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.15	1.23	+0.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	0.28	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.54	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.27	+0.20

Drawdowns

MGOYX vs. SECUX - Drawdown Comparison

The maximum MGOYX drawdown since its inception was -57.23%, smaller than the maximum SECUX drawdown of -71.68%. Use the drawdown chart below to compare losses from any high point for MGOYX and SECUX.

Drawdown Indicators

	MGOYX	SECUX	Difference
Max Drawdown Largest peak-to-trough decline	-57.23%	-71.68%	+14.45%
Max Drawdown (1Y) Largest decline over 1 year	-7.81%	-9.17%	+1.36%
Max Drawdown (3Y) Largest decline over 3 years	-26.05%	-25.43%	-0.62%
Max Drawdown (5Y) Largest decline over 5 years	-40.49%	-37.80%	-2.69%
Max Drawdown (10Y) Largest decline over 10 years	-40.49%	-38.56%	-1.93%
Current Drawdown Current decline from peak	-0.21%	0.00%	-0.21%
Average Drawdown Average peak-to-trough decline	-10.96%	-18.41%	+7.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	2.70%	-0.68%

Volatility

MGOYX vs. SECUX - Volatility Comparison

Victory Munder Mid-Cap Core Growth Fund (MGOYX) and Guggenheim StylePlus - Mid Growth Fund (SECUX) have volatilities of 4.63% and 4.42%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MGOYX	SECUX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.63%	4.42%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	11.07%	12.56%	-1.49%
Volatility (1Y) Calculated over the trailing 1-year period	13.98%	15.83%	-1.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.06%	21.43%	+3.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.26%	21.19%	+2.07%

MGOYX vs. SECUX - Expense Ratio Comparison

MGOYX has a 0.98% expense ratio, which is lower than SECUX's 1.42% expense ratio.

Dividends

MGOYX vs. SECUX - Dividend Comparison

MGOYX's dividend yield for the trailing twelve months is around 12.90%, while SECUX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MGOYX Victory Munder Mid-Cap Core Growth Fund	12.90%	15.37%	15.72%	4.54%	12.23%	25.13%	18.63%	60.72%	49.01%	19.34%	12.76%	10.52%
SECUX Guggenheim StylePlus - Mid Growth Fund	0.00%	0.00%	0.00%	2.31%	41.48%	6.54%	14.34%	2.18%	27.68%	12.89%	0.59%	14.34%

Frequently Asked Questions

Can I hold both MGOYX and SECUX in my portfolio?

With a correlation of 0.92, MGOYX and SECUX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, MGOYX or SECUX?

MGOYX has higher volatility (4.63%) compared to SECUX (4.42%). In terms of maximum drawdown, MGOYX dropped -57.23% vs SECUX's -71.68%.

Which has better risk-adjusted returns?

MGOYX currently has the higher Sharpe Ratio (2.15 vs 1.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.