MFS Technology Fund (MTCIX) belongs to the Technology Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MTCIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MTCIX
MTCIX charges 0.88% annually. There are 26 mutual funds in the Technology Equities category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Information Technology Index Fund Admiral... | 0.09% | 170.10B | Mar 2004 | MTCIX vs VITAX | |
| Vanguard Communication Services Index Fund Admiral... | 0.10% | 6.30B | Mar 2005 | MTCIX vs VTCAX | |
| Franklin DynaTech Fund Class R6 | 0.48% | — | Jun 2013 | MTCIX vs FDTRX | |
| Alger AI Enablers & Adopters Z | 0.55% | — | Apr 2024 | MTCIX vs AAIZX | |
| Fidelity Advisor Technology Fund Class Z | 0.59% | — | Oct 2018 | MTCIX vs FIKHX |
Best Risk-Adjusted Alternatives to MTCIX
MTCIX has a PortfoliosLab risk / return rank of 33. There are 56 mutual funds in the Technology Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ARK Venture Fund | 99 | — | Sep 2022 | MTCIX vs ARKVX | |
| Fidelity Select Tech Hardware Portfolio | 96 | — | Jul 1985 | MTCIX vs FDCPX | |
| Columbia Seligman Technology and Information Fund ... | 95 | — | Nov 2001 | MTCIX vs SCMIX | |
| Columbia Seligman Technology and Information Fund ... | 95 | — | Jun 1983 | MTCIX vs CCOYX | |
| Columbia Seligman Technology and Information Fund | 95 | — | Jun 1983 | MTCIX vs SLMCX |
Top Performing MTCIX Alternatives (YTD)
MTCIX is at 16.82% YTD. There are 56 mutual funds in the Technology Equities category with higher YTD returns, going as high as 70.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Select Tech Hardware Portfolio | 70.12% | — | Jul 1985 | MTCIX vs FDCPX | |
| Rydex Electronics Fund | 69.01% | — | Mar 1998 | MTCIX vs RYSIX | |
| Fidelity Advisor Semiconductors Fund Class Z | 60.76% | — | Oct 2018 | MTCIX vs FIKGX | |
| Fidelity Select Semiconductors Portfolio | 60.71% | — | Jul 1985 | MTCIX vs FSELX | |
| Fidelity Advisor Semiconductors Fund Class I | 60.67% | — | Dec 2000 | MTCIX vs FELIX |
Lowest Volatility Alternatives to MTCIX
MTCIX has 23.08% 1-year volatility. There are 18 mutual funds in the Technology Equities category with lower 1-year volatility, going as low as 14.49%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Global Content & Connectivity Fund Class I | 14.49% | — | Nov 1993 | MTCIX vs GTTIX | |
| Towpath Technology Fund | 15.52% | — | Feb 2021 | MTCIX vs TOWTX | |
| Vanguard Communication Services Index Fund Admiral... | 16.11% | 6.30B | Mar 2005 | MTCIX vs VTCAX | |
| Saratoga Technology & Communications Portfolio | 17.91% | — | Oct 1997 | MTCIX vs STPAX | |
| Virtus Artificial Intelligence & Technology Opport... | 19.26% | — | Oct 2019 | MTCIX vs AIO |
Lowest Drawdown Alternatives to MTCIX
MTCIX has a 1-year max drawdown of -18.59%. There are 56 mutual funds in the Technology Equities category with shallower 1-year drawdowns, going as shallow as -8.14%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ARK Venture Fund | -8.14% | — | Sep 2022 | MTCIX vs ARKVX | |
| Gabelli Global Content & Connectivity Fund Class I | -9.08% | — | Nov 1993 | MTCIX vs GTTIX | |
| Nationwide NYSE Arca Tech 100 Index Fund | -10.18% | — | Jun 1996 | MTCIX vs NWJCX | |
| Black Oak Emerging Technology Fund | -11.04% | — | Dec 2000 | MTCIX vs BOGSX | |
| Virtus Artificial Intelligence & Technology Opport... | -11.42% | — | Oct 2019 | MTCIX vs AIO |
Other Mutual Funds from MFS
The 10 most viewed MFS mutual funds shown here include MIEIX, MEIKX, MEIIX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MFS International Equity Fund Class R6 | Foreign Large Cap Equities | 15 | 4.31% | — | Jan 1996 | MTCIX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 47 | 9.75% | — | May 2006 | MTCIX vs MEIKX | |
| MFS Value Fund Class I | Large Cap Value Equities | 47 | 9.68% | — | Feb 1996 | MTCIX vs MEIIX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 36 | 8.57% | — | Sep 2004 | MTCIX vs MDIJX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 5 | -2.31% | — | Jan 1935 | MTCIX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 8 | 3.12% | — | Jun 2012 | MTCIX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 8 | 3.06% | — | Jul 1997 | MTCIX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 27 | 4.94% | — | — | MTCIX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 45 | 9.53% | — | Jan 1996 | MTCIX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 35 | 8.16% | — | Jul 1924 | MTCIX vs MITTX |
Often Compared With MTCIX
Investors most often compare MTCIX with MGIAX, FRVLX, PAIIX. These 20 comparison targets span 19 categories, based on PortfoliosLab usage data.
Compare MTCIX with Any Fund or Stock
Compare MTCIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MTCIX with funds that move differently
MFS Technology Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MTCIX.
Explore MTCIX Diversifiers