TMIFX vs. FMDGX

Last updated Apr 1, 2026

Compare and contrast key facts about Transamerica Mid Cap Growth (TMIFX) and Fidelity Mid Cap Growth Index Fund (FMDGX).

TMIFX is managed by Transamerica. It was launched on Nov 7, 2001. FMDGX is managed by Fidelity. It was launched on Jul 11, 2019.

Performance

TMIFX vs. FMDGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Transamerica Mid Cap Growth (TMIFX) and Fidelity Mid Cap Growth Index Fund (FMDGX). The values are adjusted to include any dividend payments, if applicable.

TMIFX vs. FMDGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TMIFX Transamerica Mid Cap Growth	-8.29%	6.85%	16.25%	31.92%	-32.11%	8.15%	30.28%	8.09%
FMDGX Fidelity Mid Cap Growth Index Fund	-9.61%	8.60%	22.03%	25.79%	-26.67%	12.67%	34.84%	4.63%

Returns By Period

In the year-to-date period, TMIFX achieves a -8.29% return, which is significantly higher than FMDGX's -9.61% return.

TMIFX

• 1D: -0.25%
• 1M: -8.81%
• YTD: -8.29%
• 6M: -12.39%
• 1Y: 7.04%
• 3Y*: 10.15%
• 5Y*: 1.84%
• 10Y*: —

FMDGX

• 1D: -1.09%
• 1M: -9.53%
• YTD: -9.61%
• 6M: -12.95%
• 1Y: 5.72%
• 3Y*: 11.35%
• 5Y*: 4.59%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TMIFX vs. FMDGX - Expense Ratio Comparison

TMIFX has a 0.95% expense ratio, which is higher than FMDGX's 0.05% expense ratio.

TMIFX

Transamerica Mid Cap Growth

FMDGX

Fidelity Mid Cap Growth Index Fund

Return for Risk

TMIFX vs. FMDGX — Risk / Return Rank

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

TMIFX

TMIFX Risk / Return Rank: 11
TMIFX Sharpe Ratio Rank: 11
TMIFX Sortino Ratio Rank: 11
TMIFX Omega Ratio Rank: 11
TMIFX Calmar Ratio Rank: 11
TMIFX Martin Ratio Rank: 10

FMDGX

FMDGX Risk / Return Rank: 11
FMDGX Sharpe Ratio Rank: 11
FMDGX Sortino Ratio Rank: 12
FMDGX Omega Ratio Rank: 11
FMDGX Calmar Ratio Rank: 10
FMDGX Martin Ratio Rank: 10

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TMIFX vs. FMDGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Transamerica Mid Cap Growth (TMIFX) and Fidelity Mid Cap Growth Index Fund (FMDGX). 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.

	TMIFX	FMDGX	Difference
Sharpe ratio Return per unit of total volatility	0.28	0.24	+0.04
Sortino ratio Return per unit of downside risk	0.55	0.51	+0.04
Omega ratio Gain probability vs. loss probability	1.07	1.07	+0.01
Calmar ratio Return relative to maximum drawdown	0.28	0.22	+0.06
Martin ratio Return relative to average drawdown	0.74	0.69	+0.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TMIFX vs. FMDGX - Sharpe Ratio Comparison

The current TMIFX Sharpe Ratio is 0.28, which is comparable to the FMDGX Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of TMIFX and FMDGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TMIFX	FMDGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	0.24	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	0.21	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.36	-0.13

Correlation

The correlation between TMIFX and FMDGX is 0.95, 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.

Dividends

TMIFX vs. FMDGX - Dividend Comparison

TMIFX's dividend yield for the trailing twelve months is around 26.83%, more than FMDGX's 2.05% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
TMIFX Transamerica Mid Cap Growth	26.83%	24.61%	4.10%	0.00%	0.00%	43.24%	4.67%	1.66%	53.57%	0.09%
FMDGX Fidelity Mid Cap Growth Index Fund	2.05%	1.85%	0.47%	0.63%	0.81%	6.43%	0.36%	0.29%	0.00%	0.00%

Drawdowns

TMIFX vs. FMDGX - Drawdown Comparison

The maximum TMIFX drawdown since its inception was -55.26%, which is greater than FMDGX's maximum drawdown of -38.59%. Use the drawdown chart below to compare losses from any high point for TMIFX and FMDGX.

Drawdown Indicators

	TMIFX	FMDGX	Difference
Max Drawdown Largest peak-to-trough decline	-55.26%	-38.59%	-16.67%
Max Drawdown (1Y) Largest decline over 1 year	-15.00%	-14.75%	-0.25%
Max Drawdown (5Y) Largest decline over 5 years	-55.26%	-38.59%	-16.67%
Current Drawdown Current decline from peak	-27.56%	-14.75%	-12.81%
Average Drawdown Average peak-to-trough decline	-19.15%	-11.34%	-7.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.67%	4.65%	+1.02%

Volatility

TMIFX vs. FMDGX - Volatility Comparison

Transamerica Mid Cap Growth (TMIFX) and Fidelity Mid Cap Growth Index Fund (FMDGX) have volatilities of 5.47% and 5.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TMIFX	FMDGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.47%	5.67%	-0.20%
Volatility (6M) Calculated over the trailing 6-month period	13.02%	12.66%	+0.36%
Volatility (1Y) Calculated over the trailing 1-year period	23.12%	22.94%	+0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.54%	22.37%	+13.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.21%	24.47%	+5.74%