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Issuer
MFS
Inception Date
Jan 31, 1996
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

MIEKX Performance Chart

MFS International Equity Fund Class R6 (MIEKX) is up 3.1% since the beginning of the year. MIEKX is currently trading at $42 per share.


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S&P 500 Index

Returns By Period

MFS International Equity Fund Class R6 (MIEKX) has returned 3.06% so far this year and 12.00% over the past 12 months.


MFS International Equity Fund Class R6

1D
0.36%
1M
0.48%
YTD
3.06%
6M
3.14%
1Y
12.00%
3Y*
10.76%
5Y*
10Y*

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MIEKX Monthly Returns History

Based on dividend-adjusted daily data since May 17, 2023, MIEKX's average daily return is +0.05%, while the average monthly return is +0.94%. At this rate, an investment would double in approximately 6.2 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2023 with a return of +8.7%, while the worst month was Mar 2026 at -8.3%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 3 months.

On a daily basis, MIEKX closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +4.2%, while the worst single day was Apr 4, 2025 at -5.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.46%3.31%-8.29%4.90%2.89%-0.67%3.06%
20255.57%1.93%-0.94%3.22%4.39%2.14%-2.50%1.94%2.23%-0.30%1.02%2.54%23.12%
2024-0.52%2.90%2.26%-3.22%4.95%-1.54%3.02%3.55%1.36%-5.21%-0.82%-2.25%4.02%
2023-3.09%4.42%1.84%-3.12%-5.59%-1.71%8.68%4.83%5.55%

Benchmark Metrics

MFS International Equity Fund Class R6 has an annualized alpha of -1.24%, beta of 0.62, and R2 of 0.49 versus S&P 500 Index. Calculated based on daily prices since May 17, 2023.

  • This fund participated in 68.53% of S&P 500 Index downside but only 53.22% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.62 may look defensive, but with R2 of 0.49 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
  • R2 of 0.49 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.

Alpha
-1.24%
Beta
0.62
0.49
Upside Capture
53.22%
Downside Capture
68.53%

Expense Ratio

MIEKX has an expense ratio of 0.73%, placing it in the medium range.


Return for Risk

Risk / Return Rank

MIEKX ranks 11 for risk / return — in the bottom 11% 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.


MIEKX Risk / Return Rank: 1111
Overall Rank
MIEKX Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
MIEKX Sortino Ratio Rank: 1111
Sortino Ratio Rank
MIEKX Omega Ratio Rank: 1111
Omega Ratio Rank
MIEKX Calmar Ratio Rank: 1111
Calmar Ratio Rank
MIEKX Martin Ratio Rank: 1313
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 (MIEKX) 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.


MIEKXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.20

Sortino ratioReturn per unit of downside risk

-1.50

Omega ratioGain probability vs. loss probability

1.15

1.37

-0.21

Calmar ratioReturn relative to maximum drawdown

0.98

2.78

-1.80

Martin ratioReturn relative to average drawdown

3.43

12.44

-9.00

Dividends

Dividend History

MFS International Equity Fund Class R6 provided a 2.52% dividend yield over the last twelve months, with an annual payout of $1.05 per share.


1.40%1.60%1.80%2.00%2.20%2.40%2.60%$0.00$0.20$0.40$0.60$0.80$1.00202320242025
Dividends
Dividend Yield
PeriodTTM202520242023
Dividend$1.05$1.05$0.48$0.55

Dividend yield

2.52%2.60%1.41%1.67%

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$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$1.05$1.05
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.48$0.48
2023$0.55$0.55

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 13.42%, occurring on Apr 7, 2025. Recovery took 18 trading sessions.

The current MFS International Equity Fund Class R6 drawdown is 1.67%.


Related event

Drawdown

Fall

Recovery

Underwater

2025 selloff2025
-13.42%Apr 2025
28d25d
1mo 23dMar 2025 - May 2025
2023 correction2023
-11.72%Oct 2023
3mo 15d1mo 18d
5mo 3dJul 2023 - Dec 2023
2026 correction2026
-11.30%Mar 2026
25d
3mo 23dMar 2026 - now
2025 pullback2025
-9.73%Jan 2025
3mo 18d1mo 21d
5mo 9dSep 2024 - Mar 2025
2024 pullback2024
-5.94%Aug 2024
21d14d
1mo 5dJul 2024 - Aug 2024

Drawdown Indicators


MIEKXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-13.42%

-56.78%

+43.36%

Max Drawdown (1Y)

Largest decline over 1 year

-11.30%

-9.10%

-2.20%

Max Drawdown (3Y)

Largest decline over 3 years

-13.42%

-18.90%

+5.48%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-1.67%

-1.80%

+0.13%

Average Drawdown

Average peak-to-trough decline

-2.83%

-10.71%

+7.88%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.22%

2.03%

+1.19%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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