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MID vs. ADC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MID and ADC is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

MID vs. ADC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Mid Cap Growth Impact ETF (MID) and Agree Realty Corporation (ADC). The values are adjusted to include any dividend payments, if applicable.

10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
52.20%
32.77%
MID
ADC

Key characteristics

Sharpe Ratio

MID:

1.28

ADC:

1.19

Sortino Ratio

MID:

1.82

ADC:

1.73

Omega Ratio

MID:

1.22

ADC:

1.21

Calmar Ratio

MID:

0.96

ADC:

0.79

Martin Ratio

MID:

8.41

ADC:

3.81

Ulcer Index

MID:

2.60%

ADC:

5.54%

Daily Std Dev

MID:

17.05%

ADC:

17.67%

Max Drawdown

MID:

-40.15%

ADC:

-70.25%

Current Drawdown

MID:

-6.97%

ADC:

-8.76%

Returns By Period

In the year-to-date period, MID achieves a 19.94% return, which is significantly higher than ADC's 17.06% return.


MID

YTD

19.94%

1M

-0.46%

6M

4.76%

1Y

20.43%

5Y*

N/A

10Y*

N/A

ADC

YTD

17.06%

1M

-7.69%

6M

17.03%

1Y

19.20%

5Y*

4.90%

10Y*

13.26%

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Risk-Adjusted Performance

MID vs. ADC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Mid Cap Growth Impact ETF (MID) and Agree Realty Corporation (ADC). 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 MID, currently valued at 1.28, compared to the broader market0.002.004.001.281.19
The chart of Sortino ratio for MID, currently valued at 1.82, compared to the broader market-2.000.002.004.006.008.0010.001.821.73
The chart of Omega ratio for MID, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.21
The chart of Calmar ratio for MID, currently valued at 0.96, compared to the broader market0.005.0010.0015.000.960.79
The chart of Martin ratio for MID, currently valued at 8.41, compared to the broader market0.0020.0040.0060.0080.00100.008.413.81
MID
ADC

The current MID Sharpe Ratio is 1.28, which is comparable to the ADC Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of MID and ADC, 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 Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
1.28
1.19
MID
ADC

Dividends

MID vs. ADC - Dividend Comparison

MID's dividend yield for the trailing twelve months is around 0.17%, less than ADC's 4.24% yield.


TTM20232022202120202019201820172016201520142013
MID
American Century Mid Cap Growth Impact ETF
0.17%0.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ADC
Agree Realty Corporation
4.24%4.64%3.95%3.65%3.61%3.25%3.65%3.94%4.17%5.43%5.60%5.65%

Drawdowns

MID vs. ADC - Drawdown Comparison

The maximum MID drawdown since its inception was -40.15%, smaller than the maximum ADC drawdown of -70.25%. Use the drawdown chart below to compare losses from any high point for MID and ADC. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.97%
-8.76%
MID
ADC

Volatility

MID vs. ADC - Volatility Comparison

American Century Mid Cap Growth Impact ETF (MID) has a higher volatility of 5.85% compared to Agree Realty Corporation (ADC) at 5.33%. This indicates that MID's price experiences larger fluctuations and is considered to be riskier than ADC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.85%
5.33%
MID
ADC
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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