MFGSX Alternatives & Similar Mutual Funds

MFS Government Securities Fund (MFGSX) belongs to the Government Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MFGSX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to MFGSX

MFGSX charges 0.76% annually. There are 78 mutual funds in the Government Bonds category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	0.01%	—	Mar 2009	MFGSX vs GUSTX
FUAMX	Fidelity Intermediate Treasury Bond Index Fund	0.03%	—	—	MFGSX vs FUAMX
FNBGX	Fidelity Long-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	MFGSX vs FNBGX
FUMBX	Fidelity Short-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	MFGSX vs FUMBX
FUTBX	Fidelity SAI U.S. Treasury Bond Index Fund	0.03%	—	Mar 2016	MFGSX vs FUTBX

Best Risk-Adjusted Alternatives to MFGSX

MFGSX has a PortfoliosLab risk / return rank of 14. There are 71 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
FEUGX	Federated Hermes Adjustable Rate Fund	99	—	Dec 1985	MFGSX vs FEUGX
GUSTX	GMO U.S. Treasury Fund	99	—	Mar 2009	MFGSX vs GUSTX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	88	—	Aug 2010	MFGSX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	86	33.50B	Dec 2009	MFGSX vs VSBSX
MDSIX	Integrity Short Term Government Fund	84	—	Jun 2011	MFGSX vs MDSIX

Top Performing MFGSX Alternatives (YTD)

MFGSX is at -0.15% YTD. There are 75 mutual funds in the Government Bonds category with higher YTD returns, going as high as 1.82%.

Symbol	Name	YTD Return	AUM	Inception
FEUGX	Federated Hermes Adjustable Rate Fund	1.82%	—	Dec 1985	MFGSX vs FEUGX
VGIVX	Vanguard Emerging Markets Government Bond Index Fu...	1.70%	6.50B	Feb 2015	MFGSX vs VGIVX
VGAVX	Vanguard Emerging Markets Government Bond Index Fu...	1.65%	6.50B	May 2013	MFGSX vs VGAVX
MDSIX	Integrity Short Term Government Fund	1.65%	—	Jun 2011	MFGSX vs MDSIX
GUSTX	GMO U.S. Treasury Fund	1.46%	—	Mar 2009	MFGSX vs GUSTX

Lowest Volatility Alternatives to MFGSX

MFGSX has 4.10% 1-year volatility. There are 64 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 1.21%.

Symbol	Name	Volatility 1Y	AUM	Inception
DFFGX	DFA Short-Term Government Portfolio	1.21%	—	May 1987	MFGSX vs DFFGX
GUSTX	GMO U.S. Treasury Fund	1.22%	—	Mar 2009	MFGSX vs GUSTX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	1.27%	—	Aug 2010	MFGSX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	1.28%	33.50B	Dec 2009	MFGSX vs VSBSX
FEUGX	Federated Hermes Adjustable Rate Fund	1.41%	—	Dec 1985	MFGSX vs FEUGX

Lowest Drawdown Alternatives to MFGSX

MFGSX has a 1-year max drawdown of -3.39%. There are 71 mutual funds in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	-0.20%	—	Mar 2009	MFGSX vs GUSTX
FEUGX	Federated Hermes Adjustable Rate Fund	-0.32%	—	Dec 1985	MFGSX vs FEUGX
RFBAX	Davis Government Bond Fund	-0.77%	—	Nov 1994	MFGSX vs RFBAX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	-0.81%	—	Aug 2010	MFGSX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	-0.84%	33.50B	Dec 2009	MFGSX vs VSBSX

Other Mutual Funds from MFS

The 10 most viewed MFS mutual funds shown here include MIEIX, MEIKX, MDIJX and span 4 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
MIEIX	MFS International Equity Fund Class R6	Foreign Large Cap Equities	9	3.25%	—	Jan 1996	MFGSX vs MIEIX
MEIKX	MFS Value Fund	Large Cap Value Equities	23	4.52%	—	May 2006	MFGSX vs MEIKX
MDIJX	MFS International Diversification Fund	Foreign Large Cap Equities	35	10.27%	—	Sep 2004	MFGSX vs MDIJX
MEIIX	MFS Value Fund Class I	Large Cap Value Equities	23	4.47%	—	Feb 1996	MFGSX vs MEIIX
MIGFX	MFS Massachusetts Investors Growth Stock Fund	Large Cap Growth Equities	9	-0.34%	—	Jan 1935	MFGSX vs MIGFX
MFEKX	MFS Growth R6	Large Cap Growth Equities	14	6.33%	—	Jun 2012	MFGSX vs MFEKX
MFEIX	MFS Growth I	Large Cap Growth Equities	14	6.29%	—	Jul 1997	MFGSX vs MFEIX
MINIX	MFS International Intrinsic Value Fund Class I	Large Cap Growth Equities, Foreign Large Cap Equities	24	7.26%	—	—	MFGSX vs MINIX
MEIAX	MFS Value Fund	Large Cap Value Equities	22	4.37%	—	Jan 1996	MFGSX vs MEIAX
MITTX	MFS Massachusetts Investors Trust	Large Cap Blend Equities	40	8.10%	—	Jul 1924	MFGSX vs MITTX

Often Compared With MFGSX

Investors most often compare MFGSX with SEGMX, PRGMX, PDMIX. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SEGMX	SEI Daily Income Trust GNMA Fund	Government Bonds	32	0.88%	—	Mar 1987	MFGSX vs SEGMX
PRGMX	T. Rowe Price GNMA Fund	Government Bonds	44	0.93%	—	Nov 1985	MFGSX vs PRGMX
PDMIX	PIMCO GNMA and Government Securities Fund	Government Bonds	33	1.23%	—	Jul 1997	MFGSX vs PDMIX
FBLTX	Fidelity SAI Long-Term Treasury Bond Index Fund	Government Bonds	6	-0.08%	—	Oct 2015	MFGSX vs FBLTX

Compare MFGSX with Any Fund or Stock

Compare MFGSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair MFGSX with funds that move differently

MFS Government Securities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MFGSX.

Explore MFGSX Diversifiers

MFS Government Securities Fund (MFGSX) Alternatives