SSHFX vs. MGK
Compare and contrast key facts about Sound Shore Fund (SSHFX) and Vanguard Mega Cap Growth ETF (MGK).
SSHFX is managed by Sound Shore. It was launched on May 17, 1985. MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSHFX or MGK.
Correlation
The correlation between SSHFX and MGK is 0.79, 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
SSHFX vs. MGK - Performance Comparison
Key characteristics
SSHFX:
-0.21
MGK:
1.53
SSHFX:
-0.09
MGK:
2.06
SSHFX:
0.98
MGK:
1.28
SSHFX:
-0.20
MGK:
2.05
SSHFX:
-0.58
MGK:
7.49
SSHFX:
8.43%
MGK:
3.70%
SSHFX:
23.44%
MGK:
18.19%
SSHFX:
-57.68%
MGK:
-48.36%
SSHFX:
-23.15%
MGK:
0.00%
Returns By Period
In the year-to-date period, SSHFX achieves a 2.34% return, which is significantly lower than MGK's 4.10% return. Over the past 10 years, SSHFX has underperformed MGK with an annualized return of -1.47%, while MGK has yielded a comparatively higher 16.52% annualized return.
SSHFX
2.34%
-0.86%
-14.34%
-4.81%
-0.59%
-1.47%
MGK
4.10%
3.05%
12.63%
30.00%
18.50%
16.52%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SSHFX vs. MGK - Expense Ratio Comparison
SSHFX has a 0.93% expense ratio, which is higher than MGK's 0.07% expense ratio.
Risk-Adjusted Performance
SSHFX vs. MGK — Risk-Adjusted Performance Rank
SSHFX
MGK
SSHFX vs. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sound Shore Fund (SSHFX) and Vanguard Mega Cap Growth ETF (MGK). 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
SSHFX vs. MGK - Dividend Comparison
SSHFX's dividend yield for the trailing twelve months is around 1.26%, more than MGK's 0.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSHFX Sound Shore Fund | 1.26% | 1.29% | 0.68% | 1.01% | 1.06% | 0.76% | 0.92% | 1.37% | 1.14% | 1.05% | 0.95% | 2.07% |
MGK Vanguard Mega Cap Growth ETF | 0.41% | 0.43% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% |
Drawdowns
SSHFX vs. MGK - Drawdown Comparison
The maximum SSHFX drawdown since its inception was -57.68%, which is greater than MGK's maximum drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for SSHFX and MGK. For additional features, visit the drawdowns tool.
Volatility
SSHFX vs. MGK - Volatility Comparison
The current volatility for Sound Shore Fund (SSHFX) is 3.34%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 5.14%. This indicates that SSHFX experiences smaller price fluctuations and is considered to be less risky than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.