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.
Key characteristics
| OTCAX | XMHQ | |
|---|---|---|
| YTD Return | 17.58% | 25.12% |
| 1Y Return | 31.55% | 41.71% |
| 3Y Return (Ann) | -1.16% | 11.16% |
| 5Y Return (Ann) | 9.41% | 17.64% |
| 10Y Return (Ann) | 8.82% | 12.48% |
| Sharpe Ratio | 2.09 | 2.22 |
| Sortino Ratio | 2.85 | 3.13 |
| Omega Ratio | 1.37 | 1.37 |
| Calmar Ratio | 1.12 | 3.91 |
| Martin Ratio | 10.96 | 9.61 |
| Ulcer Index | 2.81% | 4.19% |
| Daily Std Dev | 14.76% | 18.20% |
| Max Drawdown | -73.07% | -58.19% |
| Current Drawdown | -4.52% | 0.00% |
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
In the year-to-date period, OTCAX achieves a 17.58% return, which is significantly lower than XMHQ's 25.12% return. Over the past 10 years, OTCAX has underperformed XMHQ with an annualized return of 8.82%, while XMHQ has yielded a comparatively higher 12.48% 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. 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 4.82%.
| 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 | 4.82% | 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
The current volatility for MFS Mid Cap Growth Fund (OTCAX) is 4.40%, while Invesco S&P MidCap Quality ETF (XMHQ) has a volatility of 5.60%. 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.