MFS Technology Fund (MTCIX)

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

MFS Technology Fund (MTCIX) has returned -14.15% so far this year and 13.36% over the past 12 months. Looking at the last ten years, MTCIX has achieved an annualized return of 18.56%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Dec 31, 1996, MTCIX's average daily return is +0.05%, while the average monthly return is +1.08%. At this rate, your investment would double in approximately 5.4 years.

Historically, 59% of months were positive and 41% were negative. The best month was Apr 2001 with a return of +27.0%, while the worst month was Sep 2001 at -29.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, MTCIX closed higher 53% of trading days. The best single day was Jan 3, 2001 with a return of +15.5%, while the worst single day was Dec 17, 1999 at -18.4%.

MFS Technology Fund has an annualized alpha of 2.34%, beta of 1.21, and R² of 0.67 versus S&P 500 Index. Calculated based on daily prices since January 02, 1997.

• This fund captured 149.01% of S&P 500 Index gains and 129.60% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 2.34% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

MTCIX has an expense ratio of 0.88%, placing it in the medium range.

MTCIX ranks 18 for risk / return — in the bottom 18% 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.

The table below present risk-adjusted performance metrics for MFS Technology Fund (MTCIX) and compare them to a chosen benchmark (S&P 500 Index).

MFS Technology Fund provided a 15.97% dividend yield over the last twelve months, with an annual payout of $9.98 per share.

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

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.

The table below displays the maximum drawdowns of the MFS Technology 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 Technology Fund was 82.78%, occurring on Oct 9, 2002. Recovery took 3286 trading sessions.

The current MFS Technology Fund drawdown is 18.59%.

The chart below shows the rolling one-month volatility.