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:
0.60
XMHQ:
1.08
OTCAX:
0.86
XMHQ:
1.61
OTCAX:
1.12
XMHQ:
1.19
OTCAX:
0.52
XMHQ:
1.93
OTCAX:
2.23
XMHQ:
4.08
OTCAX:
4.63%
XMHQ:
4.86%
OTCAX:
17.20%
XMHQ:
18.30%
OTCAX:
-73.07%
XMHQ:
-58.19%
OTCAX:
-11.40%
XMHQ:
-7.28%
Returns By Period
The year-to-date returns for both investments are quite close, with OTCAX having a 2.67% return and XMHQ slightly higher at 2.76%. Over the past 10 years, OTCAX has underperformed XMHQ with an annualized return of 8.13%, while XMHQ has yielded a comparatively higher 12.07% annualized return.
OTCAX
2.67%
-2.11%
1.14%
10.34%
5.87%
8.13%
XMHQ
2.76%
-3.86%
0.98%
20.24%
15.40%
12.07%
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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 5.06%.
| 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 | 5.06% | 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) and Invesco S&P MidCap Quality ETF (XMHQ) have volatilities of 5.74% and 5.87%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.