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MFS New Discovery Fund (MNDIX) belongs to the Small Cap Growth Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MNDIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to MNDIX

MNDIX charges 0.99% annually. There are 55 mutual funds in the Small Cap Growth Equities category with lower expense ratios, going as low as 0.05%.


Best Risk-Adjusted Alternatives to MNDIX

MNDIX has a PortfoliosLab risk / return rank of 26. There are 109 mutual funds in the Small Cap Growth Equities category with higher risk-adjusted ranks, going as high as 94.


Top Performing MNDIX Alternatives (YTD)

MNDIX is at 10.59% YTD. There are 114 mutual funds in the Small Cap Growth Equities category with higher YTD returns, going as high as 75.22%.


Lowest Volatility Alternatives to MNDIX

MNDIX has 19.54% 1-year volatility. There are 65 mutual funds in the Small Cap Growth Equities category with lower 1-year volatility, going as low as 6.22%.


Lowest Drawdown Alternatives to MNDIX

MNDIX has a 1-year max drawdown of -13.42%. There are 83 mutual funds in the Small Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -7.08%.


Other Mutual Funds from MFS

The 10 most viewed MFS mutual funds shown here include MIEIX, MEIKX, MDIJX and span 4 categories.


Often Compared With MNDIX

Investors most often compare MNDIX with DFSTX, VSTCX, JATTX. These 17 comparison targets span 2 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
DFA U.S. Small Cap PortfolioSmall Cap Blend Equities
47
13.83%
Mar 1992MNDIX vs DFSTX
Vanguard Strategic Small-Cap Equity FundSmall Cap Blend Equities
76
17.54%
2.80BApr 2006MNDIX vs VSTCX
Janus Henderson Triton Fund Class TSmall Cap Growth Equities
36
11.33%
Feb 2005MNDIX vs JATTX
Putnam Small Cap Growth FundSmall Cap Growth Equities
26
17.19%
Dec 1997MNDIX vs PNSAX
Emerald Growth Fund Institutional ClassSmall Cap Growth Equities
82
24.23%
Oct 2008MNDIX vs FGROX
Calamos Timpani Small Cap Growth FundSmall Cap Growth Equities
72
31.81%
Mar 2011MNDIX vs CTSIX
Virtus KAR Small-Cap Value FundSmall Cap Growth Equities
2
1.87%
Jun 2006MNDIX vs PXQSX
Emerald Growth FundSmall Cap Growth Equities
82
24.05%
Oct 1992MNDIX vs HSPGX
Kinetics Small Cap Opportunities FundSmall Cap Growth Equities
3
17.29%
Mar 2000MNDIX vs KSCOX
Saratoga Small Capitalization PortfolioSmall Cap Growth Equities
44
19.85%
Sep 1994MNDIX vs SSCPX
Value Line Small Cap Opportunities FundSmall Cap Growth Equities
13
4.92%
Jun 1993MNDIX vs VLEOX
Janus Henderson Triton Fund Class NSmall Cap Growth Equities
38
11.44%
May 2012MNDIX vs JGMNX
Driehaus Micro Cap Growth FundSmall Cap Growth Equities
81
25.20%
Nov 2013MNDIX vs DMCRX
Kinetics Small Capital Opportunities Advisor Fund ...Small Cap Growth Equities
3
17.17%
Dec 2001MNDIX vs KSOAX
Lord Abbett Alpha Strategy FundSmall Cap Growth Equities
53
17.80%
Mar 1998MNDIX vs ALFAX
Janus Henderson Triton FundSmall Cap Growth Equities
37
11.37%
Feb 2005MNDIX vs JANIX
Eaton Vance Tax-Managed Small-Cap FundSmall Cap Growth Equities
2
0.97%
Sep 1997MNDIX vs ETMGX

Compare MNDIX with Any Fund or Stock

Compare MNDIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.


 

Diversifiers

Pair MNDIX with funds that move differently

MFS New Discovery Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MNDIX.

Explore MNDIX Diversifiers