- ISIN
- US5529876121
- CUSIP
- 552987612
- Issuer
- MFS
- Inception Date
- Dec 15, 2011
- Category
- Global Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
GLNIX Performance Chart
MFS Global New Discovery Fund (GLNIX) is up 7.6% since the beginning of the year. GLNIX is currently trading at $26 per share. Investors who bought $1,000 worth of GLNIX shares 5 years ago would now be looking at an investment worth $1,087.
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Returns By Period
MFS Global New Discovery Fund (GLNIX) has returned 7.56% so far this year and 8.44% over the past 12 months. Over the last ten years, GLNIX has returned 9.19% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
MFS Global New Discovery Fund
- 1D
- 0.82%
- 1M
- 3.47%
- YTD
- 7.56%
- 6M
- 7.74%
- 1Y
- 8.44%
- 3Y*
- 8.36%
- 5Y*
- 1.68%
- 10Y*
- 9.19%
Benchmark (S&P 500 Index)
- 1D
- -0.57%
- 1M
- 1.39%
- YTD
- 9.73%
- 6M
- 10.46%
- 1Y
- 24.50%
- 3Y*
- 19.43%
- 5Y*
- 12.21%
- 10Y*
- 13.75%
GLNIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2012, GLNIX's average daily return is +0.04%, while the average monthly return is +0.88%. At this rate, an investment would double in approximately 6.6 years.
Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +12.5%, while the worst month was Mar 2020 at -15.6%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 3 months.
On a daily basis, GLNIX closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +8.1%, while the worst single day was Mar 16, 2020 at -10.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.03% | 3.47% | -7.71% | 7.86% | 0.58% | -0.19% | 7.56% | ||||||
| 2025 | 3.56% | -2.88% | -2.05% | 2.81% | 5.24% | 3.09% | -1.28% | 2.51% | -0.08% | -2.21% | 0.48% | -0.75% | 8.35% |
| 2024 | -1.66% | 3.00% | 2.78% | -5.80% | 4.38% | -2.23% | 5.01% | 2.21% | 0.92% | -2.73% | 3.06% | -5.62% | 2.57% |
| 2023 | 9.01% | -2.48% | 1.70% | 1.81% | -3.95% | 5.42% | 3.14% | -2.63% | -5.16% | -4.60% | 9.74% | 6.58% | 18.45% |
| 2022 | -9.81% | -3.35% | 0.00% | -8.09% | -1.69% | -9.50% | 8.48% | -6.47% | -10.66% | 6.60% | 8.61% | -2.28% | -26.90% |
| 2021 | -2.17% | -0.71% | 2.44% | 4.93% | 1.92% | 0.88% | 3.43% | 3.72% | -5.44% | 4.02% | -3.86% | 3.17% | 12.37% |
Benchmark Metrics
MFS Global New Discovery Fund has an annualized alpha of -0.79%, beta of 0.82, and R2 of 0.76 versus S&P 500 Index. Calculated based on daily prices since January 03, 2012.
- This fund participated in 102.01% of S&P 500 Index downside but only 87.59% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- -0.79%
- Beta
- 0.82
- R²
- 0.76
- Upside Capture
- 87.59%
- Downside Capture
- 102.01%
Expense Ratio
GLNIX has a high expense ratio of 1.10%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
GLNIX ranks 9 for risk / return — in the bottom 9% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for MFS Global New Discovery Fund (GLNIX) and compare them to S&P 500 Index.
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.
| GLNIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.36 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.91 | 2.71 | -1.80 |
| Martin ratioReturn relative to average drawdown | 2.78 | 12.15 | -9.37 |
Dividends
Dividend History
MFS Global New Discovery Fund provided a 2.27% dividend yield over the last twelve months, with an annual payout of $0.59 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.59 | $0.59 | $0.14 | $0.00 | $0.00 | $1.61 | $0.91 | $1.17 | $1.93 | $0.58 | $0.17 | $0.07 |
Dividend yield | 2.27% | 2.44% | 0.60% | 0.00% | 0.00% | 6.24% | 3.71% | 5.70% | 11.95% | 2.94% | 1.06% | 0.46% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS Global New Discovery Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 | $0.59 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.61 | $1.61 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the MFS Global New Discovery Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the MFS Global New Discovery Fund was 38.70%, occurring on Sep 27, 2022. Recovery took 891 trading sessions.
The current MFS Global New Discovery Fund drawdown is 1.26%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -38.70%Sep 2022 | 1y 20d | 3y 6mo | 4y 7moSep 2021 - Apr 2026 |
COVID crash2020 | -35.27%Mar 2020 | 1mo 4d | 4mo 8d | 5mo 12dFeb 2020 - Jul 2020 |
Rate-hike selloffLate 2018 | -20.35%Dec 2018 | 3mo 26d | 4mo 7d | 8mo 3dAug 2018 - Apr 2019 |
2016 correction2016 | -17.87%Feb 2016 | 7mo 23d | 5mo 19d | 1y 1moJun 2015 - Jul 2016 |
2014 correction2014 | -14.69%Oct 2014 | 3mo 8d | 7mo 3d | 10mo 11dJul 2014 - May 2015 |
Drawdown Indicators
| GLNIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.70% | -56.78% | +18.08% |
Max Drawdown (1Y)Largest decline over 1 year | -10.21% | -9.10% | -1.11% |
Max Drawdown (3Y)Largest decline over 3 years | -15.68% | -18.90% | +3.22% |
Max Drawdown (5Y)Largest decline over 5 years | -38.70% | -25.43% | -13.27% |
Max Drawdown (10Y)Largest decline over 10 years | -38.70% | -33.92% | -4.78% |
Current DrawdownCurrent decline from peak | -1.26% | -1.29% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -7.62% | -10.72% | +3.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.33% | 2.02% | +1.31% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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