VIMCX vs. SPY
Compare and contrast key facts about Virtus KAR Mid-Cap Core Fund (VIMCX) and SPDR S&P 500 ETF (SPY).
VIMCX is managed by Virtus. It was launched on Jun 22, 2009. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIMCX or SPY.
Correlation
The correlation between VIMCX and SPY is 0.89, 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
VIMCX vs. SPY - Performance Comparison
Key characteristics
VIMCX:
-0.16
SPY:
0.34
VIMCX:
-0.10
SPY:
0.62
VIMCX:
0.99
SPY:
1.09
VIMCX:
-0.15
SPY:
0.35
VIMCX:
-0.56
SPY:
1.64
VIMCX:
5.30%
SPY:
4.00%
VIMCX:
18.75%
SPY:
19.55%
VIMCX:
-33.92%
SPY:
-55.19%
VIMCX:
-13.71%
SPY:
-12.02%
Returns By Period
In the year-to-date period, VIMCX achieves a -7.02% return, which is significantly higher than SPY's -7.99% return. Over the past 10 years, VIMCX has underperformed SPY with an annualized return of 9.27%, while SPY has yielded a comparatively higher 11.91% annualized return.
VIMCX
-7.02%
-2.57%
-10.60%
-1.98%
11.29%
9.27%
SPY
-7.99%
-4.19%
-6.68%
7.93%
15.74%
11.91%
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VIMCX vs. SPY - Expense Ratio Comparison
VIMCX has a 0.95% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
VIMCX vs. SPY — Risk-Adjusted Performance Rank
VIMCX
SPY
VIMCX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus KAR Mid-Cap Core Fund (VIMCX) and SPDR S&P 500 ETF (SPY). 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
VIMCX vs. SPY - Dividend Comparison
VIMCX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.33%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIMCX Virtus KAR Mid-Cap Core Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.33% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
VIMCX vs. SPY - Drawdown Comparison
The maximum VIMCX drawdown since its inception was -33.92%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VIMCX and SPY. For additional features, visit the drawdowns tool.
Volatility
VIMCX vs. SPY - Volatility Comparison
The current volatility for Virtus KAR Mid-Cap Core Fund (VIMCX) is 12.54%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.47%. This indicates that VIMCX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.