MLCGX vs. SPY
Compare and contrast key facts about Mercer US Large Cap Equity Fund (MLCGX) and SPDR S&P 500 ETF (SPY).
MLCGX is managed by Mercer Funds. It was launched on Aug 15, 2005. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MLCGX or SPY.
Key characteristics
| MLCGX | SPY |
|---|
Correlation
The correlation between MLCGX and SPY is 0.91, 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
MLCGX vs. SPY - Performance Comparison
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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MLCGX vs. SPY - Expense Ratio Comparison
MLCGX has a 0.30% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
MLCGX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mercer US Large Cap Equity Fund (MLCGX) and SPDR S&P 500 ETF (SPY). 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
MLCGX vs. SPY - Dividend Comparison
MLCGX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.20%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLCGX Mercer US Large Cap Equity Fund | 67.84% | 54.61% | 8.11% | 0.80% | 1.13% | 0.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
MLCGX vs. SPY - Drawdown Comparison
Volatility
MLCGX vs. SPY - Volatility Comparison
The current volatility for Mercer US Large Cap Equity Fund (MLCGX) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.00%. This indicates that MLCGX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.