VSNGX vs. OTCAX

Last updated Jun 4, 2026

VSNGX (JPMorgan Mid Cap Equity Fund) and OTCAX (MFS Mid Cap Growth Fund) are both Mid Cap Growth Equities funds. Over the past 10 years, VSNGX returned 11.54%/yr vs 12.24%/yr for OTCAX. Their correlation of 0.90 suggests significant overlap in exposure. VSNGX charges 0.89%/yr vs 1.00%/yr for OTCAX.

Performance

VSNGX vs. OTCAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Mid Cap Equity Fund (VSNGX) and MFS Mid Cap Growth Fund (OTCAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VSNGX achieves a 7.12% return, which is significantly higher than OTCAX's 4.87% return. Over the past 10 years, VSNGX has underperformed OTCAX with an annualized return of 11.54%, while OTCAX has yielded a comparatively higher 12.24% annualized return.

VSNGX

• 1D: 0.46%
• 1M: 1.96%
• YTD: 7.12%
• 6M: 6.71%
• 1Y: 13.43%
• 3Y*: 14.67%
• 5Y*: 6.94%
• 10Y*: 11.54%

OTCAX

• 1D: 0.61%
• 1M: 3.80%
• YTD: 4.87%
• 6M: 3.45%
• 1Y: 4.29%
• 3Y*: 14.31%
• 5Y*: 5.78%
• 10Y*: 12.24%

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

VSNGX vs. OTCAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VSNGX JPMorgan Mid Cap Equity Fund	7.12%	6.09%	18.60%	16.15%	-16.03%	19.97%	22.62%	32.73%	-8.20%	21.35%
OTCAX MFS Mid Cap Growth Fund	4.87%	3.32%	23.47%	21.00%	-28.53%	13.66%	35.34%	37.43%	0.82%	25.95%

Correlation

The correlation between VSNGX and OTCAX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jan 2, 1997	0.90

The correlation between VSNGX and OTCAX has been stable across timeframes, ranging from 0.81 to 0.90 - a consistent structural relationship.

Return for Risk

VSNGX vs. OTCAX — Risk / Return Rank

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

VSNGX

VSNGX Risk / Return Rank: 20
VSNGX Sharpe Ratio Rank: 17
VSNGX Sortino Ratio Rank: 17
VSNGX Omega Ratio Rank: 16
VSNGX Calmar Ratio Rank: 23
VSNGX Martin Ratio Rank: 27

OTCAX

OTCAX Risk / Return Rank: 4
OTCAX Sharpe Ratio Rank: 4
OTCAX Sortino Ratio Rank: 4
OTCAX Omega Ratio Rank: 4
OTCAX Calmar Ratio Rank: 4
OTCAX Martin Ratio Rank: 4

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.

VSNGX vs. OTCAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Mid Cap Equity Fund (VSNGX) and MFS Mid Cap Growth Fund (OTCAX). 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.

	VSNGX	OTCAX	Difference
Sharpe ratio Return per unit of total volatility	1.17	0.31	+0.86
Sortino ratio Return per unit of downside risk	1.76	0.55	+1.21
Omega ratio Gain probability vs. loss probability	1.21	1.06	+0.14
Calmar ratio Return relative to maximum drawdown	1.75	0.31	+1.45
Martin ratio Return relative to average drawdown	6.55	0.79	+5.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VSNGX vs. OTCAX - Sharpe Ratio Comparison

The current VSNGX Sharpe Ratio is 1.17, which is higher than the OTCAX Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of VSNGX and OTCAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VSNGX	OTCAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.17	0.31	+0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	0.29	+0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	0.62	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.39	+0.14

Drawdowns

VSNGX vs. OTCAX - Drawdown Comparison

The maximum VSNGX drawdown since its inception was -54.50%, smaller than the maximum OTCAX drawdown of -74.39%. Use the drawdown chart below to compare losses from any high point for VSNGX and OTCAX.

Drawdown Indicators

	VSNGX	OTCAX	Difference
Max Drawdown Largest peak-to-trough decline	-54.50%	-74.39%	+19.89%
Max Drawdown (1Y) Largest decline over 1 year	-8.24%	-16.46%	+8.22%
Max Drawdown (3Y) Largest decline over 3 years	-18.96%	-21.05%	+2.09%
Max Drawdown (5Y) Largest decline over 5 years	-25.08%	-36.85%	+11.77%
Max Drawdown (10Y) Largest decline over 10 years	-38.33%	-36.85%	-1.48%
Current Drawdown Current decline from peak	0.00%	-3.02%	+3.02%
Average Drawdown Average peak-to-trough decline	-7.43%	-23.13%	+15.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	6.39%	-4.19%

Volatility

VSNGX vs. OTCAX - Volatility Comparison

The current volatility for JPMorgan Mid Cap Equity Fund (VSNGX) is 2.80%, while MFS Mid Cap Growth Fund (OTCAX) has a volatility of 4.19%. This indicates that VSNGX experiences smaller price fluctuations and is considered to be less risky than OTCAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VSNGX	OTCAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.80%	4.19%	-1.39%
Volatility (6M) Calculated over the trailing 6-month period	9.16%	13.34%	-4.18%
Volatility (1Y) Calculated over the trailing 1-year period	12.38%	16.53%	-4.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.40%	20.18%	-2.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.59%	19.96%	-0.37%

VSNGX vs. OTCAX - Expense Ratio Comparison

VSNGX has a 0.89% expense ratio, which is lower than OTCAX's 1.00% expense ratio.

Dividends

VSNGX vs. OTCAX - Dividend Comparison

VSNGX's dividend yield for the trailing twelve months is around 5.74%, less than OTCAX's 15.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OTCAX MFS Mid Cap Growth Fund	15.98%	16.76%	15.59%	0.00%	0.00%	3.64%	0.83%	0.86%	4.70%	8.80%	5.67%	2.84%
VSNGX JPMorgan Mid Cap Equity Fund	5.74%	6.15%	8.60%	0.50%	2.81%	7.63%	11.65%	8.60%	12.95%	5.79%	3.37%	5.15%

Frequently Asked Questions

Can I hold both VSNGX and OTCAX in my portfolio?

VSNGX and OTCAX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VSNGX or OTCAX?

OTCAX has higher volatility (4.19%) compared to VSNGX (2.80%). In terms of maximum drawdown, VSNGX dropped -54.50% vs OTCAX's -74.39%.

Which has better risk-adjusted returns?

VSNGX currently has the higher Sharpe Ratio (1.17 vs 0.31), 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.