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.
Key characteristics
| VIMCX | SPY | |
|---|---|---|
| YTD Return | 12.11% | 27.04% |
| 1Y Return | 25.44% | 39.75% |
| 3Y Return (Ann) | 1.76% | 10.21% |
| 5Y Return (Ann) | 11.22% | 15.93% |
| 10Y Return (Ann) | 11.14% | 13.36% |
| Sharpe Ratio | 1.64 | 3.15 |
| Sortino Ratio | 2.26 | 4.19 |
| Omega Ratio | 1.29 | 1.59 |
| Calmar Ratio | 1.45 | 4.60 |
| Martin Ratio | 8.16 | 20.85 |
| Ulcer Index | 2.97% | 1.85% |
| Daily Std Dev | 14.74% | 12.29% |
| Max Drawdown | -33.92% | -55.19% |
| Current Drawdown | 0.00% | 0.00% |
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
In the year-to-date period, VIMCX achieves a 12.11% return, which is significantly lower than SPY's 27.04% return. Over the past 10 years, VIMCX has underperformed SPY with an annualized return of 11.14%, while SPY has yielded a comparatively higher 13.36% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 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 1.17%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIMCX Virtus KAR Mid-Cap Core Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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
Virtus KAR Mid-Cap Core Fund (VIMCX) and SPDR S&P 500 ETF (SPY) have volatilities of 3.92% and 3.95%, 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.