- ISIN
- US5529834393
- CUSIP
- 552983439
- Issuer
- MFS
- Inception Date
- Jan 1, 1997
- Category
- Technology Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
MTCIX Performance Chart
MFS Technology Fund (MTCIX) is up 19.5% since the beginning of the year. MTCIX is currently trading at $87 per share. Investors who bought $1,000 worth of MTCIX shares 5 years ago would now be looking at an investment worth $2,264.
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Returns By Period
MFS Technology Fund (MTCIX) has returned 19.47% so far this year and 39.73% over the past 12 months. Looking at the last ten years, MTCIX has achieved an annualized return of 22.36%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
MFS Technology Fund
- 1D
- 2.64%
- 1M
- 5.22%
- YTD
- 19.47%
- 6M
- 18.51%
- 1Y
- 39.73%
- 3Y*
- 36.49%
- 5Y*
- 17.75%
- 10Y*
- 22.36%
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%
MTCIX Monthly Returns History
Based on dividend-adjusted daily data since Dec 31, 1996, MTCIX's average daily return is +0.06%, while the average monthly return is +1.17%. At this rate, an investment would double in approximately 5.0 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.48% | -5.16% | -5.05% | 18.05% | 12.35% | 0.52% | 19.47% | ||||||
| 2025 | 3.86% | -5.46% | -10.23% | 0.97% | 9.94% | 7.44% | 2.74% | -1.01% | 5.62% | 7.31% | -2.82% | -1.17% | 16.39% |
| 2024 | 6.08% | 7.09% | 2.26% | -5.42% | 6.26% | 8.40% | -3.21% | 1.50% | 3.42% | -0.78% | 5.90% | 16.04% | 56.76% |
| 2023 | 10.89% | -2.71% | 7.90% | 0.80% | 7.71% | 4.44% | 4.49% | 0.31% | -5.37% | -1.53% | 13.74% | 5.31% | 54.42% |
| 2022 | -9.20% | -5.23% | 1.85% | -13.28% | -0.78% | -9.01% | 10.72% | -5.92% | -11.53% | 3.73% | 4.82% | -7.18% | -36.18% |
| 2021 | -1.34% | 2.80% | -1.52% | 6.53% | -2.21% | 6.73% | 1.21% | 3.29% | -5.14% | 6.03% | -2.65% | 0.40% | 14.11% |
Benchmark Metrics
MFS Technology Fund has an annualized alpha of 2.85%, beta of 1.21, and R2 of 0.67 versus S&P 500 Index. Calculated based on daily prices since December 31, 1996.
- This fund captured 150.62% of S&P 500 Index gains and 129.16% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 2.85% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 2.85%
- Beta
- 1.21
- R²
- 0.67
- Upside Capture
- 150.62%
- Downside Capture
- 129.16%
Expense Ratio
MTCIX has an expense ratio of 0.88%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MTCIX ranks 35 for risk / return — below 35% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for MFS Technology Fund (MTCIX) 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.
| MTCIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.37 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.06 | 2.78 | -0.72 |
| Martin ratioReturn relative to average drawdown | 6.65 | 12.44 | -5.79 |
Dividends
Dividend History
MFS Technology Fund provided a 11.48% dividend yield over the last twelve months, with an annual payout of $9.98 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $9.98 | $9.98 | $19.06 | $5.68 | $4.34 | $8.35 | $3.51 | $1.97 | $1.89 | $1.37 | $0.54 | $0.99 |
Dividend yield | 11.48% | 13.71% | 26.78% | 9.66% | 10.35% | 11.58% | 4.97% | 3.87% | 4.97% | 3.51% | 1.84% | 3.62% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $9.98 | $9.98 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $19.06 | $19.06 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.68 | $5.68 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.34 | $4.34 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.35 | $8.35 |
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 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 2.48%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -82.78%Oct 2002 | 2y 1mo | 13y 22d | 15y 1moSep 2000 - Oct 2015 |
Bear market2022 | -42.74%Nov 2022 | 11mo 21d | 1y 2mo | 2y 2moNov 2021 - Jan 2024 |
1998 bear market1998 | -34.32%Oct 1998 | 2mo 19d | 2mo 24d | 5mo 13dJul 1998 - Dec 1998 |
Dot-com crash2000–2002 | -33.57%May 2000 | 1mo 26d | 1mo 25d | 3mo 21dMar 2000 - Jul 2000 |
COVID crash2020 | -28.89%Mar 2020 | 25d | 2mo 18d | 3mo 13dFeb 2020 - Jun 2020 |
Drawdown Indicators
| MTCIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.78% | -56.78% | -26.00% |
Max Drawdown (1Y)Largest decline over 1 year | -18.59% | -9.10% | -9.49% |
Max Drawdown (3Y)Largest decline over 3 years | -25.97% | -18.90% | -7.07% |
Max Drawdown (5Y)Largest decline over 5 years | -42.74% | -25.43% | -17.31% |
Max Drawdown (10Y)Largest decline over 10 years | -42.74% | -33.92% | -8.82% |
Current DrawdownCurrent decline from peak | -2.48% | -1.80% | -0.68% |
Average DrawdownAverage peak-to-trough decline | -29.81% | -10.71% | -19.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 2.03% | +3.72% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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