MIDE vs. VOO
Compare and contrast key facts about Xtrackers S&P MidCap 400 ESG ETF (MIDE) and Vanguard S&P 500 ETF (VOO).
MIDE and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MIDE is a passively managed fund by Deutsche Bank that tracks the performance of the S&P MidCap 400 ESG Index. It was launched on Feb 24, 2021. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both MIDE and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIDE or VOO.
Key characteristics
| MIDE | VOO | |
|---|---|---|
| YTD Return | 15.80% | 26.13% |
| 1Y Return | 27.54% | 33.91% |
| 3Y Return (Ann) | 4.86% | 9.98% |
| Sharpe Ratio | 1.78 | 2.82 |
| Sortino Ratio | 2.50 | 3.76 |
| Omega Ratio | 1.31 | 1.53 |
| Calmar Ratio | 2.67 | 4.05 |
| Martin Ratio | 9.52 | 18.48 |
| Ulcer Index | 2.98% | 1.85% |
| Daily Std Dev | 15.99% | 12.12% |
| Max Drawdown | -23.32% | -33.99% |
| Current Drawdown | -2.45% | -0.88% |
Correlation
The correlation between MIDE and VOO is 0.84, 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.
Performance
MIDE vs. VOO - Performance Comparison
In the year-to-date period, MIDE achieves a 15.80% return, which is significantly lower than VOO's 26.13% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MIDE vs. VOO - Expense Ratio Comparison
MIDE has a 0.15% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
MIDE vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P MidCap 400 ESG ETF (MIDE) 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.
Dividends
MIDE vs. VOO - Dividend Comparison
MIDE's dividend yield for the trailing twelve months is around 1.35%, more than VOO's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIDE Xtrackers S&P MidCap 400 ESG ETF | 1.35% | 1.36% | 1.33% | 0.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
MIDE vs. VOO - Drawdown Comparison
The maximum MIDE drawdown since its inception was -23.32%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MIDE and VOO. For additional features, visit the drawdowns tool.
Volatility
MIDE vs. VOO - Volatility Comparison
Xtrackers S&P MidCap 400 ESG ETF (MIDE) has a higher volatility of 5.35% compared to Vanguard S&P 500 ETF (VOO) at 3.84%. This indicates that MIDE'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.