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.
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
Key characteristics
OTCAX:
0.71
JHMM:
1.64
OTCAX:
0.99
JHMM:
2.27
OTCAX:
1.14
JHMM:
1.29
OTCAX:
0.65
JHMM:
2.93
OTCAX:
2.59
JHMM:
7.48
OTCAX:
4.73%
JHMM:
3.06%
OTCAX:
17.21%
JHMM:
13.98%
OTCAX:
-73.07%
JHMM:
-40.71%
OTCAX:
-10.37%
JHMM:
-3.49%
Returns By Period
In the year-to-date period, OTCAX achieves a 3.86% return, which is significantly lower than JHMM's 4.07% return.
OTCAX
3.86%
3.68%
3.65%
10.79%
6.11%
8.25%
JHMM
4.07%
4.40%
10.82%
22.10%
10.30%
N/A
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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 Rank
OTCAX
JHMM
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 0.97%.
| TTM | 2024 | 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% | 0.00% | 7.09% |
JHMM John Hancock Multifactor Mid Cap ETF | 0.97% | 1.01% | 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) has a higher volatility of 5.76% compared to John Hancock Multifactor Mid Cap ETF (JHMM) at 5.14%. This indicates that OTCAX's price experiences larger fluctuations and is considered to be riskier than JHMM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.