TEGAX vs. ACMVX
Compare and contrast key facts about Touchstone Mid Cap Growth Fund (TEGAX) and American Century Mid Cap Value Fund (ACMVX).
TEGAX is managed by Touchstone. It was launched on Oct 3, 1994. ACMVX is managed by American Century Investments. It was launched on Mar 31, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TEGAX or ACMVX.
Key characteristics
| TEGAX | ACMVX | |
|---|---|---|
| YTD Return | 5.48% | 10.15% |
| 1Y Return | 17.21% | 18.23% |
| 3Y Return (Ann) | -0.66% | 7.31% |
| 5Y Return (Ann) | 9.39% | 9.14% |
| 10Y Return (Ann) | 9.44% | 8.63% |
| Sharpe Ratio | 1.04 | 1.58 |
| Daily Std Dev | 16.18% | 11.45% |
| Max Drawdown | -53.30% | -51.19% |
| Current Drawdown | -6.64% | -0.58% |
Correlation
The correlation between TEGAX and ACMVX is 0.83, 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
TEGAX vs. ACMVX - Performance Comparison
In the year-to-date period, TEGAX achieves a 5.48% return, which is significantly lower than ACMVX's 10.15% return. Over the past 10 years, TEGAX has outperformed ACMVX with an annualized return of 9.44%, while ACMVX has yielded a comparatively lower 8.63% 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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TEGAX vs. ACMVX - Expense Ratio Comparison
TEGAX has a 1.21% expense ratio, which is higher than ACMVX's 0.97% expense ratio.
Risk-Adjusted Performance
TEGAX vs. ACMVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Touchstone Mid Cap Growth Fund (TEGAX) and American Century Mid Cap Value Fund (ACMVX). 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
TEGAX vs. ACMVX - Dividend Comparison
TEGAX has not paid dividends to shareholders, while ACMVX's dividend yield for the trailing twelve months is around 4.40%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TEGAX Touchstone Mid Cap Growth Fund | 0.00% | 0.00% | 2.69% | 16.97% | 6.67% | 7.00% | 8.53% | 10.06% | 2.59% | 0.00% | 13.69% | 10.70% |
ACMVX American Century Mid Cap Value Fund | 4.40% | 5.24% | 15.00% | 15.95% | 1.83% | 1.46% | 14.51% | 9.49% | 4.05% | 11.06% | 11.12% | 7.41% |
Drawdowns
TEGAX vs. ACMVX - Drawdown Comparison
The maximum TEGAX drawdown since its inception was -53.30%, roughly equal to the maximum ACMVX drawdown of -51.19%. Use the drawdown chart below to compare losses from any high point for TEGAX and ACMVX. For additional features, visit the drawdowns tool.
Volatility
TEGAX vs. ACMVX - Volatility Comparison
Touchstone Mid Cap Growth Fund (TEGAX) has a higher volatility of 5.10% compared to American Century Mid Cap Value Fund (ACMVX) at 2.52%. This indicates that TEGAX's price experiences larger fluctuations and is considered to be riskier than ACMVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.