- ISIN
- US55273G7850
- Issuer
- MFS
- Inception Date
- Jun 27, 2002
- Category
- Diversified Portfolio
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
MACIX Performance Chart
MFS Conservative Allocation Fund (MACIX) is up 3.0% since the beginning of the year. MACIX is currently trading at $17 per share. Investors who bought $1,000 worth of MACIX shares 5 years ago would now be looking at an investment worth $1,197.
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Returns By Period
MFS Conservative Allocation Fund (MACIX) has returned 3.00% so far this year and 8.46% over the past 12 months. Over the last ten years, MACIX has returned 6.12% per year, falling short of the S&P 500 Index benchmark, which averaged 13.71% annually.
MFS Conservative Allocation Fund
- 1D
- -0.17%
- 1M
- 0.81%
- YTD
- 3.00%
- 6M
- 2.76%
- 1Y
- 8.46%
- 3Y*
- 8.41%
- 5Y*
- 3.67%
- 10Y*
- 6.12%
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
MACIX Monthly Returns History
Based on dividend-adjusted daily data since Jul 1, 2002, MACIX's average daily return is +0.02%, while the average monthly return is +0.50%. At this rate, an investment would double in approximately 11.6 years.
Historically, 68% of months were positive and 32% were negative. The best month was Apr 2020 with a return of +5.8%, while the worst month was Oct 2008 at -9.0%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 5 months.
On a daily basis, MACIX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +4.3%, while the worst single day was Mar 16, 2020 at -4.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.35% | 1.39% | -3.78% | 3.22% | 0.81% | 0.11% | 3.00% | ||||||
| 2025 | 2.06% | 0.54% | -1.77% | 0.18% | 1.86% | 2.32% | 0.06% | 1.68% | 0.92% | 0.34% | 0.68% | 0.15% | 9.32% |
| 2024 | 0.12% | 1.15% | 1.90% | -2.65% | 2.42% | 0.61% | 2.25% | 1.62% | 1.39% | -1.92% | 2.25% | -2.27% | 6.88% |
| 2023 | 4.40% | -2.48% | 1.87% | 0.88% | -1.30% | 2.25% | 1.36% | -1.10% | -3.10% | -1.60% | 5.54% | 3.97% | 10.74% |
| 2022 | -3.41% | -1.52% | -0.42% | -4.53% | 0.36% | -4.84% | 4.74% | -3.02% | -6.01% | 2.33% | 4.81% | -1.97% | -13.30% |
| 2021 | -0.68% | 0.28% | 0.83% | 2.70% | 0.82% | 0.73% | 1.46% | 1.07% | -2.09% | 2.11% | -1.11% | 1.84% | 8.15% |
Benchmark Metrics
MFS Conservative Allocation Fund has an annualized alpha of 2.42%, beta of 0.35, and R2 of 0.85 versus S&P 500 Index. Calculated based on daily prices since July 01, 2002.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (43.75%) than losses (43.61%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 2.42% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.35 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 2.42%
- Beta
- 0.35
- R²
- 0.85
- Upside Capture
- 43.75%
- Downside Capture
- 43.61%
Expense Ratio
MACIX has an expense ratio of 0.58%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MACIX ranks 35 for risk / return — below 35% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for MFS Conservative Allocation Fund (MACIX) 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.
| MACIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.32 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.76 | 2.46 | -0.69 |
| Martin ratioReturn relative to average drawdown | 7.73 | 10.92 | -3.18 |
Dividends
Dividend History
MFS Conservative Allocation Fund provided a 5.89% dividend yield over the last twelve months, with an annual payout of $1.03 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.03 | $1.03 | $1.17 | $0.57 | $0.56 | $0.72 | $0.53 | $0.60 | $0.74 | $0.72 | $0.41 | $0.28 |
Dividend yield | 5.89% | 6.07% | 7.08% | 3.47% | 3.61% | 3.89% | 3.01% | 3.65% | 5.14% | 4.60% | 2.76% | 1.95% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS Conservative Allocation 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 | $0.10 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.81 | $1.03 |
| 2024 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.85 | $1.17 |
| 2023 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.33 | $0.57 |
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.36 | $0.56 |
| 2021 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.55 | $0.72 |
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 Conservative Allocation 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 Conservative Allocation Fund was 25.35%, occurring on Mar 9, 2009. Recovery took 153 trading sessions.
The current MFS Conservative Allocation Fund drawdown is 0.40%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -25.35%Mar 2009 | 1y 4mo | 7mo 9d | 1y 11moNov 2007 - Oct 2009 |
Bear market2022 | -18.41%Oct 2022 | 11mo 8d | 1y 9mo | 2y 8moNov 2021 - Jul 2024 |
COVID crash2020 | -17.90%Mar 2020 | 1mo 2d | 3mo 24d | 4mo 26dFeb 2020 - Jul 2020 |
2016 pullback2016 | -8.15%Feb 2016 | 9mo 20d | 3mo 28d | 1y 1moApr 2015 - Jun 2016 |
Rate-hike selloffLate 2018 | -7.49%Dec 2018 | 3mo 26d | 1mo 28d | 5mo 24dAug 2018 - Feb 2019 |
Drawdown Indicators
| MACIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.35% | -56.78% | +31.43% |
Max Drawdown (1Y)Largest decline over 1 year | -5.04% | -9.10% | +4.06% |
Max Drawdown (3Y)Largest decline over 3 years | -6.42% | -18.90% | +12.48% |
Max Drawdown (5Y)Largest decline over 5 years | -18.41% | -25.43% | +7.02% |
Max Drawdown (10Y)Largest decline over 10 years | -18.41% | -33.92% | +15.51% |
Current DrawdownCurrent decline from peak | -0.40% | -3.21% | +2.81% |
Average DrawdownAverage peak-to-trough decline | -2.59% | -10.71% | +8.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.15% | 2.04% | -0.89% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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