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MSCGX vs. IVOG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

MSCGX vs. IVOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mercer US Small/Mid Cap Equity Fund (MSCGX) and Vanguard S&P Mid-Cap 400 Growth ETF (IVOG). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
14.37%
9.71%
MSCGX
IVOG

Returns By Period

In the year-to-date period, MSCGX achieves a 21.30% return, which is significantly lower than IVOG's 24.35% return.


MSCGX

YTD

21.30%

1M

8.37%

6M

14.37%

1Y

33.41%

5Y (annualized)

5.27%

10Y (annualized)

N/A

IVOG

YTD

24.35%

1M

7.09%

6M

9.71%

1Y

34.15%

5Y (annualized)

12.35%

10Y (annualized)

10.46%

Key characteristics


MSCGXIVOG
Sharpe Ratio2.092.08
Sortino Ratio2.962.89
Omega Ratio1.371.35
Calmar Ratio0.972.29
Martin Ratio11.0310.90
Ulcer Index3.03%3.13%
Daily Std Dev15.97%16.43%
Max Drawdown-41.30%-39.32%
Current Drawdown-12.12%0.00%

Compare stocks, funds, or ETFs

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MSCGX vs. IVOG - Expense Ratio Comparison

MSCGX has a 0.48% expense ratio, which is higher than IVOG's 0.15% expense ratio.


MSCGX
Mercer US Small/Mid Cap Equity Fund
Expense ratio chart for MSCGX: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%
Expense ratio chart for IVOG: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Correlation

-0.50.00.51.01.0

The correlation between MSCGX and IVOG is 0.95, 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.

Risk-Adjusted Performance

MSCGX vs. IVOG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Mercer US Small/Mid Cap Equity Fund (MSCGX) and Vanguard S&P Mid-Cap 400 Growth ETF (IVOG). 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 MSCGX, currently valued at 2.09, compared to the broader market-1.000.001.002.003.004.005.002.092.08
The chart of Sortino ratio for MSCGX, currently valued at 2.96, compared to the broader market0.005.0010.002.962.89
The chart of Omega ratio for MSCGX, currently valued at 1.37, compared to the broader market1.002.003.004.001.371.35
The chart of Calmar ratio for MSCGX, currently valued at 0.97, compared to the broader market0.005.0010.0015.0020.000.972.29
The chart of Martin ratio for MSCGX, currently valued at 11.03, compared to the broader market0.0020.0040.0060.0080.00100.0011.0310.90
MSCGX
IVOG

The current MSCGX Sharpe Ratio is 2.09, which is comparable to the IVOG Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of MSCGX and IVOG, 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 Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
2.09
2.08
MSCGX
IVOG

Dividends

MSCGX vs. IVOG - Dividend Comparison

MSCGX's dividend yield for the trailing twelve months is around 0.83%, less than IVOG's 0.92% yield.


TTM20232022202120202019201820172016201520142013
MSCGX
Mercer US Small/Mid Cap Equity Fund
0.83%1.00%1.04%0.69%0.55%0.59%0.00%0.00%0.00%0.00%0.00%0.00%
IVOG
Vanguard S&P Mid-Cap 400 Growth ETF
0.92%1.15%1.05%0.47%0.74%1.17%1.01%0.93%1.03%1.04%0.81%0.66%

Drawdowns

MSCGX vs. IVOG - Drawdown Comparison

The maximum MSCGX drawdown since its inception was -41.30%, which is greater than IVOG's maximum drawdown of -39.32%. Use the drawdown chart below to compare losses from any high point for MSCGX and IVOG. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-12.12%
0
MSCGX
IVOG

Volatility

MSCGX vs. IVOG - Volatility Comparison

Mercer US Small/Mid Cap Equity Fund (MSCGX) has a higher volatility of 6.02% compared to Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) at 5.42%. This indicates that MSCGX's price experiences larger fluctuations and is considered to be riskier than IVOG 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%JuneJulyAugustSeptemberOctoberNovember
6.02%
5.42%
MSCGX
IVOG