- Issuer
- MFS
- Inception Date
- Oct 3, 2011
- Category
- Commodities
- Index Tracked
- Bloomberg Commodity Index Total Return
- Distribution Policy
- Distributing
- Asset Class
- Commodity
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
MCSTX Performance Chart
MFS Commodity Strategy Fund Class R4 (MCSTX) is up 19.7% since the beginning of the year. MCSTX is currently trading at $4 per share. Investors who bought $1,000 worth of MCSTX shares 5 years ago would now be looking at an investment worth $1,630.
Loading charts...
Compare this symbol against anything
Returns By Period
MFS Commodity Strategy Fund Class R4 (MCSTX) has returned 19.67% so far this year and 33.88% over the past 12 months.
MFS Commodity Strategy Fund Class R4
- 1D
- -0.23%
- 1M
- 6.14%
- 6M
- 9.09%
- YTD
- 19.67%
- 1Y
- 33.88%
- 3Y*
- 12.84%
- 5Y*
- 10.27%
- 10Y*
- —
- ALL TIME*
- 9.86%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
MCSTX Monthly Returns History
Based on dividend-adjusted daily data since Mar 20, 2019, MCSTX's average daily return is +0.05%, while the average monthly return is +0.89%. At this rate, an investment would double in approximately 6.5 years.
Historically, 62% of months were positive and 38% were negative. The best month was Jan 2026 with a return of +9.7%, while the worst month was Mar 2020 at -15.5%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 4 months.
On a daily basis, MCSTX closed higher 49% of trading days. The best single day was Dec 9, 2021 with a return of +57.1%, while the worst single day was Dec 10, 2021 at -36.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.70% | 2.53% | 6.65% | 4.62% | -1.99% | -8.33% | 6.14% | 19.67% | |||||
| 2025 | 4.52% | 0.54% | 3.76% | -4.92% | 0.00% | 2.72% | -0.27% | 3.19% | 2.32% | 2.02% | 2.72% | 0.85% | 18.51% |
| 2024 | 0.57% | -1.71% | 3.78% | 0.84% | 1.11% | -0.27% | -3.31% | -0.00% | 4.56% | -2.18% | 1.11% | 0.75% | 5.09% |
| 2023 | 0.26% | -5.00% | -0.00% | -0.83% | -6.15% | 3.57% | 6.03% | -0.27% | -1.09% | 0.55% | -0.82% | -2.01% | -6.15% |
| 2022 | 8.64% | 6.24% | 8.50% | 5.04% | 2.49% | -12.31% | 5.14% | -0.19% | -10.17% | 1.05% | 3.32% | -2.56% | 13.37% |
| 2021 | 2.66% | 6.10% | -2.26% | 8.91% | 3.11% | 2.22% | 1.55% | -0.46% | 5.99% | 1.88% | -7.82% | 3.78% | 27.60% |
Benchmark Metrics
MFS Commodity Strategy Fund Class R4 has an annualized alpha of 11.37%, beta of 0.19, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since March 20, 2019.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (45.91%) than losses (41.74%) - typical of diversified or defensive assets.
- Beta of 0.19 may look defensive, but with R2 of 0.02 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.02 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 11.37%
- Beta
- 0.19
- R²
- 0.02
- Upside Capture
- 45.91%
- Downside Capture
- 41.74%
Expense Ratio
MCSTX has an expense ratio of 0.91%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MCSTX ranks 71 for risk / return — above 71% of mutual funds peers on PortfoliosLab. Its historical combined result is above most peers.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for MFS Commodity Strategy Fund Class R4 (MCSTX) 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.
| MCSTX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.25 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.46 | 2.00 | +0.45 |
| Martin ratioReturn relative to average drawdown | 7.79 | 8.49 | -0.71 |
Dividends
Dividend History
MFS Commodity Strategy Fund Class R4 provided a 13.44% dividend yield over the last twelve months, with an annual payout of $0.58 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.58 | $0.58 | $0.12 | $0.08 | $1.04 | $2.40 | $0.05 | $0.10 |
Dividend yield | 13.44% | 16.08% | 3.30% | 2.21% | 27.44% | 56.14% | 0.87% | 1.87% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS Commodity Strategy Fund Class R4. 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 | $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 | $0.58 | $0.58 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.04 | $1.04 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.40 | $2.40 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the MFS Commodity Strategy Fund Class R4. 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 Commodity Strategy Fund Class R4 was 37.67%, occurring on Dec 20, 2021. Recovery took 1055 trading sessions.
The current MFS Commodity Strategy Fund Class R4 drawdown is 6.90%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-37.67%Dec 2021 | 10d | 4y 2mo | 4y 2moDec 2021 - Mar 2026 | — |
-29.97%Mar 2020 | 11mo 12d | 9mo 23d | 1y 9moApr 2019 - Jan 2021 | COVID crash2020 |
-12.72%Jun 2026 | 1mo 11d | — | 2mo 21dMay 2026 - now | — |
-10.56%Dec 2021 | 1mo 7d | 7d | 1mo 14dOct 2021 - Dec 2021 | — |
-6.80%Aug 2021 | 21d | 24d | 1mo 15dJul 2021 - Sep 2021 | — |
Drawdown Indicators
| MCSTX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.67% | -56.78% | +19.11% |
Max Drawdown (1Y)Largest decline over 1 year | -12.72% | -9.10% | -3.62% |
Max Drawdown (3Y)Largest decline over 3 years | -12.72% | -18.90% | +6.18% |
Max Drawdown (5Y)Largest decline over 5 years | -37.67% | -25.43% | -12.24% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -6.90% | -1.58% | -5.32% |
Average DrawdownAverage peak-to-trough decline | -17.29% | -10.70% | -6.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.03% | 2.14% | +1.89% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with MCSTX
Add MFS Commodity Strategy Fund Class R4 to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with MCSTX