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MFS Commodity Strategy Fund (MCSFX) Sharpe Ratio: 1.67

Mutual Fund · Currency in USD · Last updated Jul 11, 2026

The fund aims to provide exposure to the commodities markets by investing in commodity-linked derivatives instead of directly in commodities.

MCSFX's Sharpe Ratio of 1.67 indicates that for each unit of volatility, it generates 1.67 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 11, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

MCSFX Sharpe Ratio Rank

MCSFX Sharpe Ratio Rank: 56.356
Average

MCSFX ranks above 56.3% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns are proportional to volatility—neither strong nor weak
  • Evaluate whether the volatility profile aligns with your risk tolerance
  • Review higher-ranked alternatives in the same category
  • Monitor rank direction to identify improving or deteriorating trends

MCSFX Sharpe Ratio Market Positioning

The chart shows MCSFX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.06 or lower
  • Yellow zone (middle 50%): 1.06 to 1.95
  • Green zone (top 25%): 1.95 or higher
  • Top 1%: 3.89+
  • Median: 1.59 — half of all investments score higher

How it compares to other similar mutual funds

The table compares MFS Commodity Strategy Fund's Sharpe Ratio with other mutual funds in the Commodities category across multiple time periods, showing how MCSFX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 11, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
EIPCXParametric Commodity Strategy Fund Class I2.33
EAPCXParametric Commodity Strategy Fund Class A2.30
BRCYXInvesco Balanced-Risk Commodity Strategy Fund2.18
JCRAXALPS/CoreCommodity Management CompleteCommoditiesSM Strategy Fund2.15
BRCAXInvesco Balanced-Risk Commodity Strategy Fund Class A2.14
CCSZXColumbia Commodity Strategy Fund2.12
DBCMXDoubleLine Strategic Commodity Fund2.05
DCMSXDFA Commodity Strategy Portfolio1.96
ARCIXAQR Risk-Balanced Commodities Strategy Fund1.96
BCSKXBlackRock Commodity Strategies Fund Class K1.89
MCSFXMFS Commodity Strategy Fund1.67

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows MCSFX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when MCSFX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does MCSFX fit in your portfolio?

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