PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

MFS Global Real Estate Fund (MGLIX) Sharpe Ratio: 0.63

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund normally invests at least 80% of the fund's net assets in U.S. and foreign real estate-related investments. It normally invests the fund's assets primarily in equity securities. The fund may invest the fund's assets in real estate-related investments of any size. MFS normally invests the fund's assets across different countries and regions, but MFS may invest a significant percentage of the fund's assets in issuers in a single country or region.

MGLIX's Sharpe Ratio of 0.63 indicates that for each unit of volatility, it generates 0.63 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 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.

MGLIX Sharpe Ratio Rank

MGLIX Sharpe Ratio Rank: 8.18
Concerning

MGLIX ranks above 8.1% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak 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

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

MGLIX Sharpe Ratio Market Positioning

The chart shows MGLIX'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%): 1.33 or lower
  • Yellow zone (middle 50%): 1.33 to 2.32
  • Green zone (top 25%): 2.32 or higher
  • Top 1%: 4.32+
  • Median: 1.93 — half of all investments score higher

How it compares to other similar mutual funds

The table compares MFS Global Real Estate Fund's Sharpe Ratio with other mutual funds in the REIT category across multiple time periods, showing how MGLIX'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 Jun 23, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CREMXRedwood Real Estate Income Fund17.85
QREARXTIAA Real Estate Account4.10
FSREXFidelity Series Real Estate Income Fund2.97
FIKMXFidelity Advisor Real Estate Income Fund Class Z1.92
FRIFXFidelity Real Estate Income Fund1.89
FRIRXFidelity Advisor Real Estate Income Fund Class I1.88
FRINXFidelity Advisor Real Estate Income Fund Class A1.85
FRIQXFidelity Advisor Real Estate Income Fund Class M1.79
FRIOXFidelity Advisor Real Estate Income Fund Class C1.64
IRSAXDelaware Ivy Securian Real Estate Securities Fund1.43
MGLIXMFS Global Real Estate Fund0.63

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows MGLIX'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 MGLIX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does MGLIX fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio