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MFS International Equity Fund Class R6 (MIEIX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US5529668064
Issuer
MFS
Inception Date
Jan 31, 1996
Min. Investment
$0
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in MFS International Equity Fund Class R6, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

MFS International Equity Fund Class R6 (MIEIX) has returned -6.55% so far this year and 8.02% over the past 12 months. Over the last ten years, MIEIX has returned 9.04% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


MFS International Equity Fund Class R6

1D
0.48%
1M
-10.84%
YTD
-6.55%
6M
-3.47%
1Y
8.02%
3Y*
9.09%
5Y*
6.72%
10Y*
9.04%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 30, 1996, MIEIX's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, your investment would double in approximately 7.9 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2020 with a return of +14.4%, while the worst month was Oct 2008 at -17.2%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.

On a daily basis, MIEIX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +12.4%, while the worst single day was Mar 12, 2020 at -10.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.45%3.30%-10.84%-6.55%
20255.56%1.93%-0.93%3.25%4.38%2.16%-2.49%1.96%2.23%-0.30%1.04%2.54%23.22%
2024-0.52%2.93%2.28%-3.25%4.97%-1.54%3.04%3.54%1.36%-5.17%-0.82%-2.25%4.13%
20238.71%-2.97%4.25%3.39%-3.88%4.42%1.84%-3.12%-5.59%-1.67%8.70%4.79%19.06%
2022-4.16%-3.46%-0.42%-6.16%1.31%-8.43%5.48%-5.58%-8.23%5.22%13.14%-2.39%-14.82%
2021-2.28%0.77%2.68%3.55%4.55%-1.28%1.57%2.08%-3.73%4.45%-2.52%4.83%15.13%

Benchmark Metrics

MFS International Equity Fund Class R6 has an annualized alpha of 2.71%, beta of 0.67, and R² of 0.53 versus S&P 500 Index. Calculated based on daily prices since January 31, 1996.

  • This fund participated in 88.60% of S&P 500 Index downside but only 87.71% of its upside — more exposed to losses than it benefited from rallies.
  • This fund generated an annualized alpha of 2.71% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • Beta of 0.67 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
2.71%
Beta
0.67
0.53
Upside Capture
87.71%
Downside Capture
88.60%

Expense Ratio

MIEIX has an expense ratio of 0.68%, placing it in the medium range.


Return for Risk

Risk / Return Rank

MIEIX ranks 16 for risk / return — in the bottom 16% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


MIEIX Risk / Return Rank: 1616
Overall Rank
MIEIX Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
MIEIX Sortino Ratio Rank: 1414
Sortino Ratio Rank
MIEIX Omega Ratio Rank: 1414
Omega Ratio Rank
MIEIX Calmar Ratio Rank: 1717
Calmar Ratio Rank
MIEIX Martin Ratio Rank: 1818
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for MFS International Equity Fund Class R6 (MIEIX) and compare them to a chosen benchmark (S&P 500 Index).


MIEIXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.45

0.90

-0.44

Sortino ratio

Return per unit of downside risk

0.68

1.39

-0.70

Omega ratio

Gain probability vs. loss probability

1.10

1.21

-0.12

Calmar ratio

Return relative to maximum drawdown

0.52

1.40

-0.88

Martin ratio

Return relative to average drawdown

1.93

6.61

-4.68

Explore MIEIX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

MFS International Equity Fund Class R6 provided a 2.87% dividend yield over the last twelve months, with an annual payout of $1.09 per share.


1.00%2.00%3.00%4.00%5.00%$0.00$0.50$1.00$1.50$2.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.09$1.09$0.50$0.55$0.36$1.81$0.31$0.87$0.36$0.47$0.36$0.35

Dividend yield

2.87%2.68%1.47%1.67%1.26%5.40%1.00%3.12%1.63%1.85%1.78%1.71%

Monthly Dividends

The table displays the monthly dividend distributions for MFS International Equity Fund Class R6. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$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$1.09$1.09
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.50$0.50
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.55$0.55
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.36$0.36
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.81$1.81

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 International Equity Fund Class R6. 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 International Equity Fund Class R6 was 53.13%, occurring on Mar 9, 2009. Recovery took 539 trading sessions.

The current MFS International Equity Fund Class R6 drawdown is 10.84%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-53.13%Nov 1, 2007339Mar 9, 2009539Apr 27, 2011878
-37.91%Mar 29, 2000740Mar 12, 2003395Oct 5, 20041135
-31.35%Jan 21, 202044Mar 23, 2020161Nov 9, 2020205
-28.07%Nov 9, 2021222Sep 27, 2022314Dec 27, 2023536
-26.03%May 6, 1998109Oct 8, 1998267Oct 29, 1999376

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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