MID vs. KMID

Last updated Jun 25, 2026

MID (American Century Mid Cap Growth Impact ETF) and KMID (Virtus KAR Mid-Cap ETF) are both Mid Cap Growth Equities funds. Both are actively managed. Over the past year, MID returned 3.18% vs -0.24% for KMID. A 0.77 correlation means they provide meaningful diversification when combined. MID charges 0.45%/yr vs 0.80%/yr for KMID.

Performance

MID vs. KMID - Performance Comparison

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

Returns By Period

In the year-to-date period, MID achieves a 3.23% return, which is significantly higher than KMID's 1.82% return.

MID

• 1D: 0.95%
• 1M: 2.66%
• YTD: 3.23%
• 6M: 1.36%
• 1Y: 3.18%
• 3Y*: 13.75%
• 5Y*: 3.97%
• 10Y*: —

KMID

• 1D: 0.95%
• 1M: 0.89%
• YTD: 1.82%
• 6M: 0.24%
• 1Y: -0.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MID vs. KMID - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MID American Century Mid Cap Growth Impact ETF	3.23%	8.22%	-2.59%
KMID Virtus KAR Mid-Cap ETF	1.82%	0.31%	-3.02%

Correlation

The correlation between MID and KMID is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (All Time) Calculated using the full available price history since Oct 16, 2024	0.77

The correlation between MID and KMID has been stable across timeframes, ranging from 0.76 to 0.77 - a consistent structural relationship.

MID vs. KMID - Sectors Allocation Comparison

Sectors	MID	KMID
Industrials	25.5%	52.2%
Technology	21.9%	15.8%
Healthcare	18.7%	11.5%
Consumer Cyclical	12.2%	8.7%
Energy	7.3%	-
Financial Services	6.1%	11.8%
Utilities	4.4%	-
Basic Materials	2.3%	-
Consumer Defensive	1.6%	-
Communication Services	-	-
Real Estate	-	-

Return for Risk

MID vs. KMID — Risk / Return Rank

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

MID

MID Risk / Return Rank: 11
MID Sharpe Ratio Rank: 12
MID Sortino Ratio Rank: 11
MID Omega Ratio Rank: 11
MID Calmar Ratio Rank: 11
MID Martin Ratio Rank: 12

KMID

KMID Risk / Return Rank: 9
KMID Sharpe Ratio Rank: 9
KMID Sortino Ratio Rank: 8
KMID Omega Ratio Rank: 8
KMID Calmar Ratio Rank: 9
KMID Martin Ratio Rank: 9

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.

MID vs. KMID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Mid Cap Growth Impact ETF (MID) and Virtus KAR Mid-Cap ETF (KMID). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MID	KMID	Difference
Sharpe ratio: Return per unit of total volatility	0.18	-0.02	+0.20
Sortino ratio: Return per unit of downside risk	0.38	0.08	+0.29
Omega ratio: Gain probability vs. loss probability	1.04	1.01	+0.03
Calmar ratio: Return relative to maximum drawdown	0.23	-0.02	+0.25
Martin ratio: Return relative to average drawdown	0.67	-0.06	+0.73

MID vs. KMID - Sharpe Ratio Comparison

The current MID Sharpe Ratio is 0.18, which is higher than the KMID Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of MID and KMID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MID vs. KMID - Drawdown Comparison

The maximum MID drawdown since its inception was -40.15%, which is greater than KMID's maximum drawdown of -18.89%. Use the drawdown chart below to compare losses from any high point for MID and KMID.

Drawdown Indicators

	MID	KMID	Difference
Max Drawdown Largest peak-to-trough decline	-40.15%	-18.89%	-21.26%
Max Drawdown (1Y) Largest decline over 1 year	-13.89%	-10.71%	-3.18%
Max Drawdown (3Y) Largest decline over 3 years	-23.92%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-40.15%	—	—
Current Drawdown Current decline from peak	-2.82%	-5.32%	+2.50%
Average Drawdown Average peak-to-trough decline	-13.34%	-5.74%	-7.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.73%	4.37%	+0.36%

Volatility

MID vs. KMID - Volatility Comparison

American Century Mid Cap Growth Impact ETF (MID) has a higher volatility of 6.61% compared to Virtus KAR Mid-Cap ETF (KMID) at 5.06%. This indicates that MID's price experiences larger fluctuations and is considered to be riskier than KMID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MID	KMID	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.61%	5.06%	+1.55%
Volatility (6M) Calculated over the trailing 6-month period	13.91%	11.74%	+2.17%
Volatility (1Y) Calculated over the trailing 1-year period	17.47%	14.86%	+2.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.72%	16.98%	+6.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.92%	16.98%	+6.94%

MID vs. KMID - Expense Ratio Comparison

MID has a 0.45% expense ratio, which is lower than KMID's 0.80% expense ratio.

Dividends

MID vs. KMID - Dividend Comparison

MID's dividend yield for the trailing twelve months is around 0.15%, more than KMID's 0.11% yield.

Position	TTM	2025	2024	2023
KMID Virtus KAR Mid-Cap ETF	0.11%	0.06%	0.05%	0.00%
MID American Century Mid Cap Growth Impact ETF	0.15%	0.18%	0.17%	0.02%

Frequently Asked Questions

Can I hold both MID and KMID in my portfolio?

MID and KMID have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MID or KMID?

MID has higher volatility (6.61%) compared to KMID (5.06%). In terms of maximum drawdown, MID dropped -40.15% vs KMID's -18.89%.

Which ETF is better, MID or KMID?

On 1-year performance, MID leads with 3.18% vs -0.24% for KMID. On fees, MID is cheaper at 0.45% per year. On volatility, KMID has been the lower-risk option at 5.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MID or KMID?

Over the 1-year period, MID has performed better with a 3.18% return vs -0.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MID or KMID?

MID is cheaper with a 0.45% expense ratio, compared with 0.80% for KMID.

Which ETF pays a higher dividend yield, MID or KMID?

MID has the higher dividend yield at 0.15%, compared with 0.11% for KMID.

What is the main difference between MID and KMID?

They also come from different issuers: American Century and Virtus. Their fees differ too: 0.45% for MID and 0.80% for KMID.

Which has better risk-adjusted returns?

MID currently has the higher Sharpe Ratio (0.18 vs -0.02), 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.