Correlation
The correlation between MWMIX and IWY is 0.89, 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.
MWMIX vs. IWY
Compare and contrast key facts about VanEck Morningstar Wide Moat Fund (MWMIX) and iShares Russell Top 200 Growth ETF (IWY).
MWMIX is managed by VanEck. It was launched on Nov 6, 2017. IWY is a passively managed fund by iShares that tracks the performance of the Russell Top 200 Growth Index. It was launched on Sep 22, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MWMIX or IWY.
Performance
MWMIX vs. IWY - Performance Comparison
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Key characteristics
MWMIX:
-0.13
IWY:
0.67
MWMIX:
-0.13
IWY:
0.96
MWMIX:
0.98
IWY:
1.13
MWMIX:
-0.16
IWY:
0.63
MWMIX:
-0.42
IWY:
1.99
MWMIX:
10.63%
IWY:
7.29%
MWMIX:
21.65%
IWY:
25.45%
MWMIX:
-36.84%
IWY:
-32.68%
MWMIX:
-15.59%
IWY:
-5.04%
Returns By Period
In the year-to-date period, MWMIX achieves a -3.30% return, which is significantly lower than IWY's -1.33% return.
MWMIX
-3.30%
4.53%
-15.32%
-3.86%
2.08%
3.73%
N/A
IWY
-1.33%
7.08%
0.51%
16.37%
20.18%
18.64%
17.04%
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MWMIX vs. IWY - Expense Ratio Comparison
MWMIX has a 0.59% expense ratio, which is higher than IWY's 0.20% expense ratio.
Risk-Adjusted Performance
MWMIX vs. IWY — Risk-Adjusted Performance Rank
MWMIX
IWY
MWMIX vs. IWY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Wide Moat Fund (MWMIX) and iShares Russell Top 200 Growth ETF (IWY). 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.
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Dividends
MWMIX vs. IWY - Dividend Comparison
MWMIX's dividend yield for the trailing twelve months is around 10.70%, more than IWY's 0.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MWMIX VanEck Morningstar Wide Moat Fund | 10.70% | 10.35% | 5.82% | 11.44% | 13.45% | 8.22% | 10.84% | 9.48% | 0.26% | 0.00% | 0.00% | 0.00% |
IWY iShares Russell Top 200 Growth ETF | 0.42% | 0.42% | 0.68% | 0.88% | 0.50% | 0.71% | 1.06% | 1.32% | 1.26% | 1.51% | 1.58% | 1.44% |
Drawdowns
MWMIX vs. IWY - Drawdown Comparison
The maximum MWMIX drawdown since its inception was -36.84%, which is greater than IWY's maximum drawdown of -32.68%. Use the drawdown chart below to compare losses from any high point for MWMIX and IWY.
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Volatility
MWMIX vs. IWY - Volatility Comparison
VanEck Morningstar Wide Moat Fund (MWMIX) has a higher volatility of 6.21% compared to iShares Russell Top 200 Growth ETF (IWY) at 5.68%. This indicates that MWMIX's price experiences larger fluctuations and is considered to be riskier than IWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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