MFS International Growth Fund (MGRAX) belongs to the Foreign Large Cap Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MGRAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MGRAX
MGRAX charges 1.06% annually. There are 321 mutual funds in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series International Growth Fund | 0.01% | — | Dec 2009 | MGRAX vs FIGSX | |
| Fidelity Series Overseas Fund | 0.01% | — | Jun 2019 | MGRAX vs FSOSX | |
| Fidelity Series International Value Fund | 0.01% | — | Dec 2009 | MGRAX vs FINVX | |
| Fidelity Series International Index Fund | 0.01% | — | Aug 2018 | MGRAX vs FHLFX | |
| Fidelity Series Global ex U.S. Index Fund | 0.01% | — | Sep 2009 | MGRAX vs FSGEX |
Best Risk-Adjusted Alternatives to MGRAX
MGRAX has a PortfoliosLab risk / return rank of 19. There are 386 mutual funds in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Tax-Managed International Equities Fund | 98 | — | Jul 1998 | MGRAX vs GTMIX | |
| SA International Value Fund | 96 | — | Aug 1999 | MGRAX vs SAHMX | |
| Touchstone International Equity Fund | 94 | — | Mar 1993 | MGRAX vs SWRLX | |
| PIMCO RAE PLUS International Fund | 94 | — | Sep 2011 | MGRAX vs PTSIX | |
| Vanguard International High Dividend Yield Index F... | 94 | 20.40B | Mar 2016 | MGRAX vs VIHAX |
Top Performing MGRAX Alternatives (YTD)
MGRAX is at 3.75% YTD. There are 410 mutual funds in the Foreign Large Cap Equities category with higher YTD returns, going as high as 23.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Dunham International Stock Fund | 23.49% | — | Dec 2004 | MGRAX vs DCINX | |
| Fidelity SAI International SMA Completion Fund | 22.43% | — | Apr 2019 | MGRAX vs FISZX | |
| Touchstone International Equity Fund | 21.94% | — | Mar 1993 | MGRAX vs SWRLX | |
| GMO Tax-Managed International Equities Fund | 21.28% | — | Jul 1998 | MGRAX vs GTMIX | |
| GMO International Developed Equity Allocation Fund | 21.04% | — | Jun 2006 | MGRAX vs GIOTX |
Lowest Volatility Alternatives to MGRAX
MGRAX has 14.18% 1-year volatility. There are 92 mutual funds in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 7.51%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Overseas Fund Class C | 7.51% | — | Nov 1997 | MGRAX vs FAOCX | |
| Fidelity Advisor Overseas Fund Class A | 7.52% | — | Sep 1996 | MGRAX vs FAOAX | |
| Fidelity Advisor Overseas Fund Class Z | 7.53% | — | Feb 2017 | MGRAX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class M | 7.54% | — | Apr 1990 | MGRAX vs FAERX | |
| Fidelity Advisor Overseas Fund Class I | 7.54% | — | Jul 1995 | MGRAX vs FAOIX |
Lowest Drawdown Alternatives to MGRAX
MGRAX has a 1-year max drawdown of -12.42%. There are 292 mutual funds in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -6.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood AlphaFactor Tactical International Fund | -6.94% | — | Nov 2017 | MGRAX vs RWIIX | |
| Federated Hermes International Strategic Value Div... | -6.97% | — | Jun 2008 | MGRAX vs IVFIX | |
| Fidelity Advisor Overseas Fund Class Z | -7.26% | — | Feb 2017 | MGRAX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class I | -7.28% | — | Jul 1995 | MGRAX vs FAOIX | |
| Fidelity Advisor Overseas Fund Class M | -7.29% | — | Apr 1990 | MGRAX vs FAERX |
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 | |
|---|---|---|---|---|---|---|---|
| MFS International Equity Fund Class R6 | Foreign Large Cap Equities | 39 | 8.70% | — | Jan 1996 | MGRAX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 79 | 11.84% | — | May 2006 | MGRAX vs MEIKX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 60 | 11.60% | — | Sep 2004 | MGRAX vs MDIJX | |
| MFS Value Fund Class I | Large Cap Value Equities | 79 | 11.77% | — | Feb 1996 | MGRAX vs MEIIX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 8 | -0.46% | — | Jan 1935 | MGRAX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 9 | 3.47% | — | Jun 2012 | MGRAX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 9 | 3.41% | — | Jul 1997 | MGRAX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 47 | 8.95% | — | — | MGRAX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 78 | 11.59% | — | Jan 1996 | MGRAX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 44 | 9.45% | — | Jul 1924 | MGRAX vs MITTX |
Often Compared With MGRAX
Investors most often compare MGRAX with DHLAX, MDISX, FRVLX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare MGRAX with Any Fund or Stock
Compare MGRAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MGRAX with funds that move differently
MFS International Growth Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MGRAX.
Explore MGRAX Diversifiers