MFS Mid Cap Value Fund Class I (MCVIX) belongs to the Mid Cap Value Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MCVIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MCVIX
MCVIX charges 0.72% annually. There are 24 mutual funds in the Mid Cap Value Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Mid Cap Value Index Fund | 0.05% | — | Jul 2019 | MCVIX vs FIMVX | |
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 0.07% | 36.60B | Sep 2011 | MCVIX vs VMVAX | |
| Vanguard S&P Mid-Cap 400 Value Index Fund Institut... | 0.08% | — | Nov 2010 | MCVIX vs VMFVX | |
| Victory Integrity Small/Mid-Cap Value Fund | 0.09% | — | Jul 2011 | MCVIX vs MYISX | |
| Vanguard Mid-Cap Value Index Fund | 0.19% | — | Aug 2006 | MCVIX vs VMVIX |
Best Risk-Adjusted Alternatives to MCVIX
MCVIX has a PortfoliosLab risk / return rank of 31. There are 79 mutual funds in the Mid Cap Value Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Ceredex Mid-Cap Value Equity Fund | 91 | — | Nov 2001 | MCVIX vs SMVTX | |
| Harbor Mid Cap Value Fund | 88 | — | Mar 2002 | MCVIX vs HAMVX | |
| Columbia Select Mid Cap Value Fund | 87 | — | Nov 2001 | MCVIX vs NAMAX | |
| Delaware Opportunity Fund | 85 | — | Aug 1992 | MCVIX vs FIUSX | |
| RBB Free Market U.S. Equity Fund | 84 | — | Dec 2007 | MCVIX vs FMUEX |
Top Performing MCVIX Alternatives (YTD)
MCVIX is at 10.36% YTD. There are 83 mutual funds in the Mid Cap Value Equities category with higher YTD returns, going as high as 24.09%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Value Strategies Fund | 24.09% | — | Dec 1983 | MCVIX vs FSLSX | |
| Fidelity Advisor Value Strategies Fund Class I | 24.07% | — | Jul 1995 | MCVIX vs FASOX | |
| Fidelity Advisor Value Strategies Fund Class A | 23.90% | — | Sep 1996 | MCVIX vs FSOAX | |
| Fidelity Advisor Value Strategies Fund Class M | 23.77% | — | Aug 1986 | MCVIX vs FASPX | |
| Virtus Ceredex Mid-Cap Value Equity Fund | 23.69% | — | Nov 2001 | MCVIX vs SMVTX |
Lowest Volatility Alternatives to MCVIX
MCVIX has 13.54% 1-year volatility. There are 38 mutual funds in the Mid Cap Value Equities category with lower 1-year volatility, going as low as 11.58%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nuance Mid Cap Value Fund | 11.58% | — | Dec 2013 | MCVIX vs NMAVX | |
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 11.61% | 36.60B | Sep 2011 | MCVIX vs VMVAX | |
| Vanguard Mid-Cap Value Index Fund | 11.62% | — | Aug 2006 | MCVIX vs VMVIX | |
| American Century Mid Cap Value Fund | 11.96% | 5.65B | Mar 2004 | MCVIX vs ACMVX | |
| American Century Mid Cap Value Fund A Class | 11.98% | — | Mar 2004 | MCVIX vs ACLAX |
Lowest Drawdown Alternatives to MCVIX
MCVIX has a 1-year max drawdown of -9.38%. There are 55 mutual funds in the Mid Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -6.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM Quant Solutions Mid-Cap Value Fund | -6.31% | — | Aug 1998 | MCVIX vs NCBVX | |
| Glenmede Quantitative U.S. Total Market Equity Por... | -6.51% | — | Dec 2006 | MCVIX vs GTTMX | |
| Delaware Opportunity Fund | -6.75% | — | Aug 1992 | MCVIX vs FIUSX | |
| Harbor Mid Cap Value Fund | -6.84% | — | Mar 2002 | MCVIX vs HAMVX | |
| Vanguard Mid-Cap Value Index Fund Admiral Shares | -6.95% | 36.60B | Sep 2011 | MCVIX vs VMVAX |
Other Mutual Funds from MFS
The 10 most viewed MFS mutual funds shown here include MIEIX, MEIKX, MEIIX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MFS International Equity Fund Class R6 | Foreign Large Cap Equities | 11 | 3.10% | — | Jan 1996 | MCVIX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 36 | 6.53% | — | May 2006 | MCVIX vs MEIKX | |
| MFS Value Fund Class I | Large Cap Value Equities | 36 | 6.49% | — | Feb 1996 | MCVIX vs MEIIX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 38 | 10.19% | — | Sep 2004 | MCVIX vs MDIJX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 7 | -3.03% | — | Jan 1935 | MCVIX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 12 | 5.30% | — | Jun 2012 | MCVIX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 12 | 5.25% | — | Jul 1997 | MCVIX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 26 | 6.13% | — | — | MCVIX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 34 | 6.36% | — | Jan 1996 | MCVIX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 39 | 7.77% | — | Jul 1924 | MCVIX vs MITTX |
Often Compared With MCVIX
Investors most often compare MCVIX with FSMDX, ARFFX, UMCVX. These 10 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity Mid Cap Index Fund | Mid Cap Blend Equities | 46 | 13.43% | — | Sep 2011 | MCVIX vs FSMDX | |
| Ariel Focus Fund | Mid Cap Value Equities | 76 | 8.39% | — | Jun 2005 | MCVIX vs ARFFX | |
| Invesco V.I. American Value Fund | Mid Cap Value Equities | 81 | 22.81% | — | Jan 1997 | MCVIX vs UMCVX | |
| Invesco Value Opportunities Fund Class Y | Mid Cap Value Equities | 81 | 22.67% | — | Mar 2005 | MCVIX vs VVOIX | |
| Fidelity Advisor Value Strategies Fund Class C | Mid Cap Value Equities | 79 | 23.46% | — | Aug 2001 | MCVIX vs FVCSX | |
| Principal MidCap Value Fund I | Mid Cap Value Equities | 43 | 12.23% | — | Dec 2003 | MCVIX vs PVMIX | |
| Victory RS Value Fund | Mid Cap Value Equities | 18 | 6.09% | — | Jun 1993 | MCVIX vs RSVAX | |
| Nuveen Multi Cap Value Fund | Mid Cap Value Equities | 83 | 14.53% | — | Nov 1997 | MCVIX vs NQVRX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 81 | 22.51% | — | Jun 2001 | MCVIX vs VVOAX | |
| American Century Mid Cap Value R6 | Mid Cap Value Equities | 33 | 8.98% | — | Jul 2013 | MCVIX vs AMDVX |
Compare MCVIX with Any Fund or Stock
Compare MCVIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MCVIX with funds that move differently
MFS Mid Cap Value Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MCVIX.
Explore MCVIX Diversifiers