Correlation
The correlation between MXXIX and SPY is 0.88, 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.
MXXIX vs. SPY
Compare and contrast key facts about Marsico Midcap Growth Focus Fund (MXXIX) and SPDR S&P 500 ETF (SPY).
MXXIX is managed by Marsico Investment Fund. It was launched on Feb 1, 2000. 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: MXXIX or SPY.
Performance
MXXIX vs. SPY - Performance Comparison
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Key characteristics
MXXIX:
1.37
SPY:
0.70
MXXIX:
1.82
SPY:
1.02
MXXIX:
1.25
SPY:
1.15
MXXIX:
1.64
SPY:
0.68
MXXIX:
5.72
SPY:
2.57
MXXIX:
5.74%
SPY:
4.93%
MXXIX:
25.36%
SPY:
20.42%
MXXIX:
-62.49%
SPY:
-55.19%
MXXIX:
0.00%
SPY:
-3.55%
Returns By Period
In the year-to-date period, MXXIX achieves a 10.50% return, which is significantly higher than SPY's 0.87% return. Both investments have delivered pretty close results over the past 10 years, with MXXIX having a 12.61% annualized return and SPY not far ahead at 12.73%.
MXXIX
10.50%
7.68%
3.90%
33.52%
20.83%
14.41%
12.61%
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
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MXXIX vs. SPY - Expense Ratio Comparison
MXXIX has a 1.33% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
MXXIX vs. SPY — Risk-Adjusted Performance Rank
MXXIX
SPY
MXXIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Marsico Midcap Growth Focus Fund (MXXIX) 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.
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Dividends
MXXIX vs. SPY - Dividend Comparison
MXXIX's dividend yield for the trailing twelve months is around 4.16%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXXIX Marsico Midcap Growth Focus Fund | 4.16% | 4.59% | 1.24% | 0.00% | 14.22% | 2.83% | 3.26% | 5.37% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MXXIX vs. SPY - Drawdown Comparison
The maximum MXXIX drawdown since its inception was -62.49%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MXXIX and SPY.
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Volatility
MXXIX vs. SPY - Volatility Comparison
Marsico Midcap Growth Focus Fund (MXXIX) and SPDR S&P 500 ETF (SPY) have volatilities of 5.02% and 4.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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