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.
Key characteristics
OTCAX | SPY | |
---|---|---|
YTD Return | 17.58% | 27.04% |
1Y Return | 31.55% | 39.75% |
3Y Return (Ann) | -1.16% | 10.21% |
5Y Return (Ann) | 9.41% | 15.93% |
10Y Return (Ann) | 8.82% | 13.36% |
Sharpe Ratio | 2.09 | 3.15 |
Sortino Ratio | 2.85 | 4.19 |
Omega Ratio | 1.37 | 1.59 |
Calmar Ratio | 1.12 | 4.60 |
Martin Ratio | 10.96 | 20.85 |
Ulcer Index | 2.81% | 1.85% |
Daily Std Dev | 14.76% | 12.29% |
Max Drawdown | -73.07% | -55.19% |
Current Drawdown | -4.52% | 0.00% |
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
In the year-to-date period, OTCAX achieves a 17.58% return, which is significantly lower than SPY's 27.04% return. Over the past 10 years, OTCAX has underperformed SPY with an annualized return of 8.82%, while SPY has yielded a comparatively higher 13.36% 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. 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 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 1.17%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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 4.40% compared to SPDR S&P 500 ETF (SPY) at 3.95%. 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.