OTCAX vs. FXAIX
Compare and contrast key facts about MFS Mid Cap Growth Fund (OTCAX) and Fidelity 500 Index Fund (FXAIX).
OTCAX is managed by MFS. It was launched on Dec 1, 1993. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OTCAX or FXAIX.
Key characteristics
| OTCAX | FXAIX | |
|---|---|---|
| YTD Return | 18.25% | 26.96% |
| 1Y Return | 26.89% | 35.01% |
| 3Y Return (Ann) | -0.97% | 10.23% |
| 5Y Return (Ann) | 8.98% | 15.78% |
| 10Y Return (Ann) | 8.89% | 13.30% |
| Sharpe Ratio | 2.04 | 3.06 |
| Sortino Ratio | 2.79 | 4.07 |
| Omega Ratio | 1.36 | 1.58 |
| Calmar Ratio | 1.23 | 4.45 |
| Martin Ratio | 10.68 | 20.17 |
| Ulcer Index | 2.81% | 1.86% |
| Daily Std Dev | 14.69% | 12.27% |
| Max Drawdown | -73.07% | -33.79% |
| Current Drawdown | -3.98% | -0.25% |
Correlation
The correlation between OTCAX and FXAIX 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.
Performance
OTCAX vs. FXAIX - Performance Comparison
In the year-to-date period, OTCAX achieves a 18.25% return, which is significantly lower than FXAIX's 26.96% return. Over the past 10 years, OTCAX has underperformed FXAIX with an annualized return of 8.89%, while FXAIX has yielded a comparatively higher 13.30% annualized 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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OTCAX vs. FXAIX - Expense Ratio Comparison
OTCAX has a 1.00% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
OTCAX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Mid Cap Growth Fund (OTCAX) and Fidelity 500 Index Fund (FXAIX). 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
OTCAX vs. FXAIX - Dividend Comparison
OTCAX has not paid dividends to shareholders, while FXAIX's dividend yield for the trailing twelve months is around 1.21%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OTCAX MFS Mid Cap Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 7.09% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
OTCAX vs. FXAIX - Drawdown Comparison
The maximum OTCAX drawdown since its inception was -73.07%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for OTCAX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
OTCAX vs. FXAIX - Volatility Comparison
MFS Mid Cap Growth Fund (OTCAX) has a higher volatility of 4.20% compared to Fidelity 500 Index Fund (FXAIX) at 3.74%. This indicates that OTCAX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.