OTCAX vs. XMHQ
Compare and contrast key facts about MFS Mid Cap Growth Fund (OTCAX) and Invesco S&P MidCap Quality ETF (XMHQ).
OTCAX is managed by MFS. It was launched on Dec 1, 1993. XMHQ is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Dec 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OTCAX or XMHQ.
Correlation
The correlation between OTCAX and XMHQ is 0.77, 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. XMHQ - Performance Comparison
Key characteristics
OTCAX:
-0.55
XMHQ:
-0.71
OTCAX:
-0.60
XMHQ:
-0.90
OTCAX:
0.92
XMHQ:
0.90
OTCAX:
-0.51
XMHQ:
-0.75
OTCAX:
-1.38
XMHQ:
-1.97
OTCAX:
7.90%
XMHQ:
7.12%
OTCAX:
19.81%
XMHQ:
19.60%
OTCAX:
-73.07%
XMHQ:
-58.19%
OTCAX:
-21.43%
XMHQ:
-18.68%
Returns By Period
In the year-to-date period, OTCAX achieves a -8.96% return, which is significantly higher than XMHQ's -9.87% return. Over the past 10 years, OTCAX has underperformed XMHQ with an annualized return of 5.87%, while XMHQ has yielded a comparatively higher 9.92% annualized return.
OTCAX
-8.96%
-6.15%
-13.51%
-11.17%
9.08%
5.87%
XMHQ
-9.87%
-4.20%
-12.52%
-14.44%
20.28%
9.92%
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OTCAX vs. XMHQ - Expense Ratio Comparison
OTCAX has a 1.00% expense ratio, which is higher than XMHQ's 0.25% expense ratio.
Risk-Adjusted Performance
OTCAX vs. XMHQ — Risk-Adjusted Performance Rank
OTCAX
XMHQ
OTCAX vs. XMHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Mid Cap Growth Fund (OTCAX) and Invesco S&P MidCap Quality ETF (XMHQ). 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. XMHQ - Dividend Comparison
OTCAX has not paid dividends to shareholders, while XMHQ's dividend yield for the trailing twelve months is around 5.76%.
| 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% |
XMHQ Invesco S&P MidCap Quality ETF | 5.76% | 5.20% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.64% | 1.34% | 1.25% |
Drawdowns
OTCAX vs. XMHQ - Drawdown Comparison
The maximum OTCAX drawdown since its inception was -73.07%, which is greater than XMHQ's maximum drawdown of -58.19%. Use the drawdown chart below to compare losses from any high point for OTCAX and XMHQ. For additional features, visit the drawdowns tool.
Volatility
OTCAX vs. XMHQ - Volatility Comparison
MFS Mid Cap Growth Fund (OTCAX) has a higher volatility of 9.46% compared to Invesco S&P MidCap Quality ETF (XMHQ) at 8.79%. This indicates that OTCAX's price experiences larger fluctuations and is considered to be riskier than XMHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.