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.
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.
Performance
OTCAX vs. XMHQ - Performance Comparison
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Key characteristics
OTCAX:
0.34
XMHQ:
-0.15
OTCAX:
0.62
XMHQ:
-0.05
OTCAX:
1.08
XMHQ:
0.99
OTCAX:
0.34
XMHQ:
-0.14
OTCAX:
1.13
XMHQ:
-0.38
OTCAX:
6.60%
XMHQ:
8.90%
OTCAX:
21.97%
XMHQ:
23.07%
OTCAX:
-73.07%
XMHQ:
-58.19%
OTCAX:
-4.46%
XMHQ:
-9.63%
Returns By Period
In the year-to-date period, OTCAX achieves a 3.09% return, which is significantly higher than XMHQ's 0.16% return. Both investments have delivered pretty close results over the past 10 years, with OTCAX having a 10.81% annualized return and XMHQ not far ahead at 11.11%.
OTCAX
3.09%
8.58%
-3.22%
7.47%
10.38%
8.91%
10.81%
XMHQ
0.16%
7.42%
-8.87%
-3.47%
14.11%
16.02%
11.11%
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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.
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Dividends
OTCAX vs. XMHQ - Dividend Comparison
OTCAX's dividend yield for the trailing twelve months is around 7.56%, more than XMHQ's 5.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OTCAX MFS Mid Cap Growth Fund | 7.56% | 7.80% | 0.00% | 0.00% | 3.64% | 0.83% | 0.86% | 4.70% | 8.80% | 5.67% | 2.84% | 7.09% |
XMHQ Invesco S&P MidCap Quality ETF | 5.18% | 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.
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Volatility
OTCAX vs. XMHQ - Volatility Comparison
The current volatility for MFS Mid Cap Growth Fund (OTCAX) is 4.23%, while Invesco S&P MidCap Quality ETF (XMHQ) has a volatility of 5.64%. This indicates that OTCAX experiences smaller price fluctuations and is considered to be less risky than XMHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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