PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
MID vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MID and VOO is 0.81, 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.


-0.50.00.51.00.8

Performance

MID vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Mid Cap Growth Impact ETF (MID) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
54.02%
96.67%
MID
VOO

Key characteristics

Sharpe Ratio

MID:

1.47

VOO:

2.25

Sortino Ratio

MID:

2.07

VOO:

2.98

Omega Ratio

MID:

1.25

VOO:

1.42

Calmar Ratio

MID:

1.09

VOO:

3.31

Martin Ratio

MID:

9.31

VOO:

14.77

Ulcer Index

MID:

2.66%

VOO:

1.90%

Daily Std Dev

MID:

16.88%

VOO:

12.46%

Max Drawdown

MID:

-40.15%

VOO:

-33.99%

Current Drawdown

MID:

-5.86%

VOO:

-2.47%

Returns By Period

In the year-to-date period, MID achieves a 21.38% return, which is significantly lower than VOO's 26.02% return.


MID

YTD

21.38%

1M

-0.78%

6M

7.15%

1Y

21.97%

5Y*

N/A

10Y*

N/A

VOO

YTD

26.02%

1M

-0.11%

6M

9.35%

1Y

26.45%

5Y*

14.79%

10Y*

13.08%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


MID vs. VOO - Expense Ratio Comparison

MID has a 0.45% expense ratio, which is higher than VOO's 0.03% expense ratio.


MID
American Century Mid Cap Growth Impact ETF
Expense ratio chart for MID: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%
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%

Risk-Adjusted Performance

MID vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Mid Cap Growth Impact ETF (MID) 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 MID, currently valued at 1.47, compared to the broader market0.002.004.001.472.25
The chart of Sortino ratio for MID, currently valued at 2.07, compared to the broader market-2.000.002.004.006.008.0010.002.072.98
The chart of Omega ratio for MID, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.001.251.42
The chart of Calmar ratio for MID, currently valued at 1.09, compared to the broader market0.005.0010.0015.001.093.31
The chart of Martin ratio for MID, currently valued at 9.31, compared to the broader market0.0020.0040.0060.0080.00100.009.3114.77
MID
VOO

The current MID Sharpe Ratio is 1.47, which is lower than the VOO Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of MID 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 Ratio0.501.001.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
1.47
2.25
MID
VOO

Dividends

MID vs. VOO - Dividend Comparison

MID's dividend yield for the trailing twelve months is around 0.17%, less than VOO's 0.91% 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%
VOO
Vanguard S&P 500 ETF
0.91%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

MID vs. VOO - Drawdown Comparison

The maximum MID drawdown since its inception was -40.15%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MID and VOO. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.86%
-2.47%
MID
VOO

Volatility

MID vs. VOO - Volatility Comparison

American Century Mid Cap Growth Impact ETF (MID) has a higher volatility of 5.86% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that MID'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%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.86%
3.75%
MID
VOO
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab