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:
0.43
XMHQ:
1.07
OTCAX:
0.65
XMHQ:
1.59
OTCAX:
1.09
XMHQ:
1.19
OTCAX:
0.34
XMHQ:
1.89
OTCAX:
2.16
XMHQ:
4.48
OTCAX:
3.40%
XMHQ:
4.36%
OTCAX:
17.16%
XMHQ:
18.24%
OTCAX:
-73.07%
XMHQ:
-58.19%
OTCAX:
-13.34%
XMHQ:
-8.41%
Returns By Period
In the year-to-date period, OTCAX achieves a 6.92% return, which is significantly lower than XMHQ's 18.56% return. Over the past 10 years, OTCAX has underperformed XMHQ with an annualized return of 7.52%, while XMHQ has yielded a comparatively higher 11.61% annualized return.
OTCAX
6.92%
-8.66%
-0.94%
9.21%
6.31%
7.52%
XMHQ
18.56%
-2.05%
2.32%
19.52%
15.57%
11.61%
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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 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 4.92%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
XMHQ Invesco S&P MidCap Quality ETF | 4.92% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.64% | 1.34% | 1.25% | 1.11% |
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 9.49% compared to Invesco S&P MidCap Quality ETF (XMHQ) at 6.16%. 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.