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TEPAX vs. MGK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TEPAX and MGK is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

TEPAX vs. MGK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Tax-Exempt Preservation Portfolio (TEPAX) and Vanguard Mega Cap Growth ETF (MGK). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

TEPAX:

1.64

MGK:

0.65

Sortino Ratio

TEPAX:

2.05

MGK:

1.09

Omega Ratio

TEPAX:

1.37

MGK:

1.15

Calmar Ratio

TEPAX:

1.80

MGK:

0.74

Martin Ratio

TEPAX:

6.79

MGK:

2.45

Ulcer Index

TEPAX:

0.57%

MGK:

7.05%

Daily Std Dev

TEPAX:

2.50%

MGK:

26.04%

Max Drawdown

TEPAX:

-7.13%

MGK:

-48.36%

Current Drawdown

TEPAX:

-0.28%

MGK:

-3.29%

Returns By Period

In the year-to-date period, TEPAX achieves a 1.17% return, which is significantly higher than MGK's 0.67% return. Over the past 10 years, TEPAX has underperformed MGK with an annualized return of 1.39%, while MGK has yielded a comparatively higher 16.09% annualized return.


TEPAX

YTD

1.17%

1M

0.65%

6M

0.73%

1Y

4.06%

3Y*

2.34%

5Y*

0.86%

10Y*

1.39%

MGK

YTD

0.67%

1M

9.36%

6M

2.74%

1Y

16.74%

3Y*

20.72%

5Y*

17.95%

10Y*

16.09%

*Annualized

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Vanguard Mega Cap Growth ETF

TEPAX vs. MGK - Expense Ratio Comparison

TEPAX has a 0.34% expense ratio, which is higher than MGK's 0.07% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

TEPAX vs. MGK — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TEPAX
The Risk-Adjusted Performance Rank of TEPAX is 8989
Overall Rank
The Sharpe Ratio Rank of TEPAX is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of TEPAX is 8787
Sortino Ratio Rank
The Omega Ratio Rank of TEPAX is 9090
Omega Ratio Rank
The Calmar Ratio Rank of TEPAX is 9090
Calmar Ratio Rank
The Martin Ratio Rank of TEPAX is 8989
Martin Ratio Rank

MGK
The Risk-Adjusted Performance Rank of MGK is 6363
Overall Rank
The Sharpe Ratio Rank of MGK is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of MGK is 6363
Sortino Ratio Rank
The Omega Ratio Rank of MGK is 6363
Omega Ratio Rank
The Calmar Ratio Rank of MGK is 6969
Calmar Ratio Rank
The Martin Ratio Rank of MGK is 6161
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TEPAX vs. MGK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Tax-Exempt Preservation Portfolio (TEPAX) 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.


The current TEPAX Sharpe Ratio is 1.64, which is higher than the MGK Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of TEPAX and MGK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

TEPAX vs. MGK - Dividend Comparison

TEPAX's dividend yield for the trailing twelve months is around 2.51%, more than MGK's 0.44% yield.


TTM20242023202220212020201920182017201620152014
TEPAX
American Funds Tax-Exempt Preservation Portfolio
2.51%2.44%1.96%1.11%0.87%1.44%0.87%1.73%1.79%2.22%2.36%2.53%
MGK
Vanguard Mega Cap Growth ETF
0.44%0.43%0.50%0.70%0.41%0.65%0.85%1.12%1.23%1.53%1.43%1.25%

Drawdowns

TEPAX vs. MGK - Drawdown Comparison

The maximum TEPAX drawdown since its inception was -7.13%, smaller than the maximum MGK drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for TEPAX and MGK.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

TEPAX vs. MGK - Volatility Comparison

The current volatility for American Funds Tax-Exempt Preservation Portfolio (TEPAX) is 0.41%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 5.99%. This indicates that TEPAX 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.


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