OTCAX vs. JHMM
Compare and contrast key facts about MFS Mid Cap Growth Fund (OTCAX) and John Hancock Multifactor Mid Cap ETF (JHMM).
OTCAX is managed by MFS. It was launched on Dec 1, 1993. JHMM is a passively managed fund by Manulife that tracks the performance of the John Hancock Dimensional Mid Cap Index. It was launched on Sep 28, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OTCAX or JHMM.
Key characteristics
| OTCAX | JHMM | |
|---|---|---|
| YTD Return | 17.58% | 20.55% |
| 1Y Return | 31.55% | 39.26% |
| 3Y Return (Ann) | -1.16% | 5.14% |
| 5Y Return (Ann) | 9.41% | 11.95% |
| Sharpe Ratio | 2.09 | 2.66 |
| Sortino Ratio | 2.85 | 3.70 |
| Omega Ratio | 1.37 | 1.46 |
| Calmar Ratio | 1.12 | 2.21 |
| Martin Ratio | 10.96 | 15.40 |
| Ulcer Index | 2.81% | 2.47% |
| Daily Std Dev | 14.76% | 14.30% |
| Max Drawdown | -73.07% | -40.71% |
| Current Drawdown | -4.52% | 0.00% |
Correlation
The correlation between OTCAX and JHMM is 0.86, 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. JHMM - Performance Comparison
In the year-to-date period, OTCAX achieves a 17.58% return, which is significantly lower than JHMM's 20.55% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
OTCAX vs. JHMM - Expense Ratio Comparison
OTCAX has a 1.00% expense ratio, which is higher than JHMM's 0.42% expense ratio.
Risk-Adjusted Performance
OTCAX vs. JHMM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Mid Cap Growth Fund (OTCAX) and John Hancock Multifactor Mid Cap ETF (JHMM). 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. JHMM - Dividend Comparison
OTCAX has not paid dividends to shareholders, while JHMM's dividend yield for the trailing twelve months is around 0.96%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
JHMM John Hancock Multifactor Mid Cap ETF | 0.96% | 1.17% | 1.16% | 0.72% | 1.04% | 1.02% | 1.36% | 0.90% | 1.15% | 0.33% | 0.00% |
Drawdowns
OTCAX vs. JHMM - Drawdown Comparison
The maximum OTCAX drawdown since its inception was -73.07%, which is greater than JHMM's maximum drawdown of -40.71%. Use the drawdown chart below to compare losses from any high point for OTCAX and JHMM. For additional features, visit the drawdowns tool.
Volatility
OTCAX vs. JHMM - Volatility Comparison
MFS Mid Cap Growth Fund (OTCAX) and John Hancock Multifactor Mid Cap ETF (JHMM) have volatilities of 4.40% and 4.32%, 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.