VMSGX vs. MINT

Last updated Jun 23, 2026

VMSGX (VALIC Company I Mid Cap Strategic Growth Fund) and MINT (PIMCO Enhanced Short Maturity Active ETF) are both funds - VMSGX is a Mid Cap Growth Equities fund managed by VALIC, while MINT is a Ultrashort Bond fund actively managed by PIMCO. Over the past 10 years, VMSGX returned 13.86%/yr vs 2.72%/yr for MINT. At a correlation of -0.01, they often move in opposite directions. VMSGX charges 0.75%/yr vs 0.36%/yr for MINT.

Performance

VMSGX vs. MINT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VALIC Company I Mid Cap Strategic Growth Fund (VMSGX) and PIMCO Enhanced Short Maturity Active ETF (MINT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VMSGX achieves a 11.30% return, which is significantly higher than MINT's 2.04% return. Over the past 10 years, VMSGX has outperformed MINT with an annualized return of 13.86%, while MINT has yielded a comparatively lower 2.72% annualized return.

VMSGX

• 1D: 1.51%
• 1M: 3.98%
• YTD: 11.30%
• 6M: 8.39%
• 1Y: 17.49%
• 3Y*: 17.38%
• 5Y*: 8.59%
• 10Y*: 13.86%

MINT

• 1D: -0.03%
• 1M: 0.33%
• YTD: 2.04%
• 6M: 2.17%
• 1Y: 4.66%
• 3Y*: 5.35%
• 5Y*: 3.52%
• 10Y*: 2.72%

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

VMSGX vs. MINT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VMSGX VALIC Company I Mid Cap Strategic Growth Fund	11.30%	11.23%	19.79%	22.06%	-23.40%	16.87%	34.60%	37.63%	-8.89%	26.30%
MINT PIMCO Enhanced Short Maturity Active ETF	2.04%	4.74%	5.94%	6.26%	-1.01%	-0.03%	1.62%	3.34%	1.72%	1.86%

Correlation

The correlation between VMSGX and MINT is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (10Y) Calculated over the trailing 10-year period	0.05
Correlation (All Time) Calculated using the full available price history since Nov 17, 2009	-0.01

The correlation between VMSGX and MINT shifts across timeframes, from -0.01 (all time) to 0.13 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

VMSGX vs. MINT — Risk / Return Rank

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

VMSGX

VMSGX Risk / Return Rank: 17
VMSGX Sharpe Ratio Rank: 15
VMSGX Sortino Ratio Rank: 15
VMSGX Omega Ratio Rank: 14
VMSGX Calmar Ratio Rank: 18
VMSGX Martin Ratio Rank: 22

MINT

MINT Risk / Return Rank: 100
MINT Sharpe Ratio Rank: 100
MINT Sortino Ratio Rank: 100
MINT Omega Ratio Rank: 100
MINT Calmar Ratio Rank: 100
MINT Martin Ratio Rank: 100

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.

VMSGX vs. MINT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VALIC Company I Mid Cap Strategic Growth Fund (VMSGX) and PIMCO Enhanced Short Maturity Active ETF (MINT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VMSGX	MINT	Difference
Sharpe ratio: Return per unit of total volatility	1.02	16.83	-15.81
Sortino ratio: Return per unit of downside risk	1.52	60.67	-59.14
Omega ratio: Gain probability vs. loss probability	1.18	18.96	-17.78
Calmar ratio: Return relative to maximum drawdown	1.43	94.08	-92.65
Martin ratio: Return relative to average drawdown	5.06	889.37	-884.31

VMSGX vs. MINT - Sharpe Ratio Comparison

The current VMSGX Sharpe Ratio is 1.02, which is lower than the MINT Sharpe Ratio of 16.83. The chart below compares the historical Sharpe Ratios of VMSGX and MINT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VMSGX vs. MINT - Drawdown Comparison

The maximum VMSGX drawdown since its inception was -66.65%, which is greater than MINT's maximum drawdown of -4.62%. Use the drawdown chart below to compare losses from any high point for VMSGX and MINT.

Drawdown Indicators

	VMSGX	MINT	Difference
Max Drawdown Largest peak-to-trough decline	-66.65%	-4.62%	-62.03%
Max Drawdown (1Y) Largest decline over 1 year	-12.17%	-0.05%	-12.12%
Max Drawdown (3Y) Largest decline over 3 years	-23.85%	-0.16%	-23.69%
Max Drawdown (5Y) Largest decline over 5 years	-33.62%	-2.42%	-31.20%
Max Drawdown (10Y) Largest decline over 10 years	-36.97%	-4.62%	-32.35%
Current Drawdown Current decline from peak	-0.63%	-0.03%	-0.60%
Average Drawdown Average peak-to-trough decline	-15.04%	-0.17%	-14.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.43%	0.01%	+3.42%

Volatility

VMSGX vs. MINT - Volatility Comparison

VALIC Company I Mid Cap Strategic Growth Fund (VMSGX) has a higher volatility of 6.33% compared to PIMCO Enhanced Short Maturity Active ETF (MINT) at 0.11%. This indicates that VMSGX's price experiences larger fluctuations and is considered to be riskier than MINT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VMSGX	MINT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.33%	0.11%	+6.22%
Volatility (6M) Calculated over the trailing 6-month period	13.84%	0.21%	+13.63%
Volatility (1Y) Calculated over the trailing 1-year period	17.14%	0.28%	+16.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.89%	0.58%	+20.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.96%	0.95%	+20.01%

VMSGX vs. MINT - Expense Ratio Comparison

VMSGX has a 0.75% expense ratio, which is higher than MINT's 0.36% expense ratio.

Dividends

VMSGX vs. MINT - Dividend Comparison

VMSGX's dividend yield for the trailing twelve months is around 7.15%, more than MINT's 4.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MINT PIMCO Enhanced Short Maturity Active ETF	4.28%	4.63%	5.22%	4.91%	1.90%	0.44%	1.15%	2.65%	2.32%	1.61%	1.35%	0.88%
VMSGX VALIC Company I Mid Cap Strategic Growth Fund	7.15%	0.00%	0.01%	21.01%	11.77%	4.58%	3.89%	8.38%	0.10%	5.91%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VMSGX and MINT in my portfolio?

VMSGX and MINT have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VMSGX or MINT?

VMSGX has higher volatility (6.33%) compared to MINT (0.11%). In terms of maximum drawdown, VMSGX dropped -66.65% vs MINT's -4.62%.

Which has better risk-adjusted returns?

MINT currently has the higher Sharpe Ratio (16.83 vs 1.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.