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

Fund Info

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

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 (MIEKX) has returned -6.59% so far this year and 7.89% over the past 12 months.


MFS International Equity Fund Class R6

1D
0.48%
1M
-10.88%
YTD
-6.59%
6M
-3.52%
1Y
7.89%
3Y*
5Y*
10Y*

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 May 17, 2023, MIEKX's average daily return is +0.04%, while the average monthly return is +0.74%. At this rate, your investment would double in approximately 7.8 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2023 with a return of +8.7%, while the worst month was Mar 2026 at -10.9%. 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%-10.88%-6.59%
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 -0.62%, beta of 0.61, and R² of 0.48 versus S&P 500 Index. Calculated based on daily prices since May 18, 2023.

  • This fund participated in 71.80% of S&P 500 Index downside but only 56.24% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.61 may look defensive, but with R² of 0.48 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 0.48 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
-0.62%
Beta
0.61
0.48
Upside Capture
56.24%
Downside Capture
71.80%

Expense Ratio

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


Return for Risk

Risk / Return Rank

MIEKX ranks 15 for risk / return — in the bottom 15% 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: 1515
Overall Rank
MIEKX Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
MIEKX Sortino Ratio Rank: 1414
Sortino Ratio Rank
MIEKX Omega Ratio Rank: 1414
Omega Ratio Rank
MIEKX Calmar Ratio Rank: 1717
Calmar Ratio Rank
MIEKX Martin Ratio Rank: 1717
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 a chosen benchmark (S&P 500 Index).


MIEKXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.45

0.90

-0.45

Sortino ratio

Return per unit of downside risk

0.67

1.39

-0.71

Omega ratio

Gain probability vs. loss probability

1.09

1.21

-0.12

Calmar ratio

Return relative to maximum drawdown

0.51

1.40

-0.89

Martin ratio

Return relative to average drawdown

1.89

6.61

-4.71

Explore MIEKX 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 2.78% 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

2.78%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
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 10.88%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-13.42%Mar 10, 202521Apr 7, 202518May 2, 202539
-11.72%Jul 14, 202375Oct 27, 202333Dec 14, 2023108
-11.3%Mar 2, 202620Mar 27, 2026
-9.73%Sep 27, 202473Jan 13, 202535Mar 5, 2025108
-5.94%Jul 15, 202416Aug 5, 202410Aug 19, 202426

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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