- ISIN
- US55273G6944
- CUSIP
- 55273G694
- Issuer
- MFS
- Inception Date
- Jun 27, 2002
- Category
- Diversified Portfolio
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
MGWIX Performance Chart
MFS Growth Allocation Fund (MGWIX) is up 7.0% since the beginning of the year. MGWIX is currently trading at $27 per share. Investors who bought $1,000 worth of MGWIX shares 5 years ago would now be looking at an investment worth $1,399.
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Returns By Period
MFS Growth Allocation Fund (MGWIX) has returned 6.96% so far this year and 15.20% over the past 12 months. Over the last ten years, MGWIX has returned 9.79% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
MFS Growth Allocation Fund
- 1D
- 0.59%
- 1M
- 1.33%
- YTD
- 6.96%
- 6M
- 6.58%
- 1Y
- 15.20%
- 3Y*
- 12.61%
- 5Y*
- 6.94%
- 10Y*
- 9.79%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
MGWIX Monthly Returns History
Based on dividend-adjusted daily data since Jul 1, 2002, MGWIX's average daily return is +0.04%, while the average monthly return is +0.74%. At this rate, an investment would double in approximately 7.8 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2009 with a return of +9.6%, while the worst month was Oct 2008 at -17.2%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, MGWIX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +9.4%, while the worst single day was Mar 16, 2020 at -9.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.54% | 1.72% | -5.21% | 6.09% | 1.45% | 0.51% | 6.96% | ||||||
| 2025 | 3.45% | -0.60% | -2.59% | 0.29% | 4.21% | 3.33% | 0.27% | 2.16% | 1.26% | 0.15% | 0.77% | 0.37% | 13.63% |
| 2024 | 0.04% | 3.29% | 2.90% | -3.50% | 3.34% | 0.40% | 2.65% | 2.00% | 1.61% | -2.15% | 3.55% | -3.53% | 10.71% |
| 2023 | 6.11% | -3.26% | 1.66% | 1.18% | -1.93% | 4.76% | 2.44% | -1.87% | -4.13% | -2.26% | 7.37% | 4.70% | 14.86% |
| 2022 | -5.09% | -2.12% | 0.86% | -6.08% | 0.69% | -7.37% | 6.85% | -3.85% | -8.29% | 5.01% | 6.97% | -3.20% | -15.92% |
| 2021 | -1.07% | 1.78% | 2.08% | 4.47% | 1.30% | 0.94% | 1.83% | 2.02% | -3.35% | 4.13% | -2.50% | 3.63% | 16.01% |
Benchmark Metrics
MFS Growth Allocation Fund has an annualized alpha of 1.74%, beta of 0.72, and R2 of 0.93 versus S&P 500 Index. Calculated based on daily prices since July 01, 2002.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (80.44%) than losses (80.35%) - typical of diversified or defensive assets.
- Alpha
- 1.74%
- Beta
- 0.72
- R²
- 0.93
- Upside Capture
- 80.44%
- Downside Capture
- 80.35%
Expense Ratio
MGWIX has an expense ratio of 0.69%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MGWIX ranks 36 for risk / return — below 36% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for MFS Growth Allocation Fund (MGWIX) 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.
| MGWIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 2.78 | -0.74 |
| Martin ratioReturn relative to average drawdown | 8.57 | 12.44 | -3.86 |
Dividends
Dividend History
MFS Growth Allocation Fund provided a 7.71% dividend yield over the last twelve months, with an annual payout of $2.11 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.11 | $2.11 | $1.52 | $0.90 | $1.02 | $1.92 | $0.92 | $1.10 | $1.26 | $1.04 | $0.57 | $0.89 |
Dividend yield | 7.71% | 8.24% | 6.24% | 3.84% | 4.83% | 7.28% | 3.79% | 5.00% | 6.89% | 5.04% | 3.11% | 5.08% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS Growth Allocation Fund. 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 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.11 | $2.11 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.52 | $1.52 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.90 | $0.90 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.02 | $1.02 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.92 | $1.92 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the MFS Growth Allocation Fund. 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 Growth Allocation Fund was 47.83%, occurring on Mar 9, 2009. Recovery took 467 trading sessions.
The current MFS Growth Allocation Fund drawdown is 0.44%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -47.83%Mar 2009 | 1y 4mo | 1y 10mo | 3y 2moNov 2007 - Jan 2011 |
COVID crash2020 | -29.09%Mar 2020 | 1mo 2d | 4mo 23d | 5mo 25dFeb 2020 - Aug 2020 |
Bear market2022 | -23.39%Oct 2022 | 11mo 1d | 1y 4mo | 2y 3moNov 2021 - Mar 2024 |
2011 correction2011 | -17.10%Oct 2011 | 5mo 4d | 5mo 12d | 10mo 16dMay 2011 - Mar 2012 |
Dot-com crash2000–2002 | -15.49%Oct 2002 | 3mo 3d | 7mo 5d | 10mo 8dJul 2002 - May 2003 |
Drawdown Indicators
| MGWIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.83% | -56.78% | +8.95% |
Max Drawdown (1Y)Largest decline over 1 year | -7.33% | -9.10% | +1.77% |
Max Drawdown (3Y)Largest decline over 3 years | -12.30% | -18.90% | +6.60% |
Max Drawdown (5Y)Largest decline over 5 years | -23.39% | -25.43% | +2.04% |
Max Drawdown (10Y)Largest decline over 10 years | -29.09% | -33.92% | +4.83% |
Current DrawdownCurrent decline from peak | -0.44% | -1.80% | +1.36% |
Average DrawdownAverage peak-to-trough decline | -5.35% | -10.71% | +5.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 2.03% | -0.28% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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