OTCAX vs. SPY
Compare and contrast key facts about MFS Mid Cap Growth Fund (OTCAX) and SPDR S&P 500 ETF (SPY).
OTCAX is managed by MFS. It was launched on Dec 1, 1993. 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: OTCAX or SPY.
Correlation
The correlation between OTCAX and SPY is 0.81, 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. SPY - Performance Comparison
Key characteristics
OTCAX:
-0.55
SPY:
0.32
OTCAX:
-0.60
SPY:
0.51
OTCAX:
0.92
SPY:
1.07
OTCAX:
-0.51
SPY:
0.39
OTCAX:
-1.38
SPY:
1.52
OTCAX:
7.90%
SPY:
3.13%
OTCAX:
19.81%
SPY:
14.74%
OTCAX:
-73.07%
SPY:
-55.19%
OTCAX:
-21.43%
SPY:
-12.17%
Returns By Period
In the year-to-date period, OTCAX achieves a -8.96% return, which is significantly lower than SPY's -8.15% return. Over the past 10 years, OTCAX has underperformed SPY with an annualized return of 5.87%, while SPY has yielded a comparatively higher 11.89% annualized return.
OTCAX
-8.96%
-6.15%
-13.51%
-11.17%
9.08%
5.87%
SPY
-8.15%
-6.68%
-4.88%
4.64%
18.45%
11.89%
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OTCAX vs. SPY - Expense Ratio Comparison
OTCAX has a 1.00% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
OTCAX vs. SPY — Risk-Adjusted Performance Rank
OTCAX
SPY
OTCAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Mid Cap Growth Fund (OTCAX) 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.
Dividends
OTCAX vs. SPY - Dividend Comparison
OTCAX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.34%.
| 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% |
SPY SPDR S&P 500 ETF | 1.34% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
OTCAX vs. SPY - Drawdown Comparison
The maximum OTCAX drawdown since its inception was -73.07%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for OTCAX and SPY. For additional features, visit the drawdowns tool.
Volatility
OTCAX vs. SPY - Volatility Comparison
MFS Mid Cap Growth Fund (OTCAX) has a higher volatility of 9.46% compared to SPDR S&P 500 ETF (SPY) at 7.47%. This indicates that OTCAX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.