APDIX vs. MIEKX

Last updated Apr 1, 2026

Compare and contrast key facts about Artisan International Fund Advisor Class (APDIX) and MFS International Equity Fund Class R6 (MIEKX).

APDIX is an actively managed fund by Artisan. It was launched on Apr 1, 2015. MIEKX is an actively managed fund by MFS. It was launched on Jan 31, 1996.

Performance

APDIX vs. MIEKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Artisan International Fund Advisor Class (APDIX) and MFS International Equity Fund Class R6 (MIEKX). The values are adjusted to include any dividend payments, if applicable.

APDIX vs. MIEKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
APDIX Artisan International Fund Advisor Class	3.78%	36.36%	10.78%	4.96%
MIEKX MFS International Equity Fund Class R6	-6.59%	23.12%	4.02%	5.55%

Returns By Period

In the year-to-date period, APDIX achieves a 3.78% return, which is significantly higher than MIEKX's -6.59% return.

APDIX

• 1D: -0.58%
• 1M: -8.94%
• YTD: 3.78%
• 6M: 5.53%
• 1Y: 29.45%
• 3Y*: 18.32%
• 5Y*: 9.45%
• 10Y*: 9.25%

MIEKX

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

*Multi-year figures are annualized to reflect compound growth (CAGR)

APDIX vs. MIEKX - Expense Ratio Comparison

APDIX has a 1.05% expense ratio, which is higher than MIEKX's 0.73% expense ratio.

APDIX

Artisan International Fund Advisor Class

MIEKX

MFS International Equity Fund Class R6

Return for Risk

APDIX vs. MIEKX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

APDIX

APDIX Risk / Return Rank: 88
APDIX Sharpe Ratio Rank: 89
APDIX Sortino Ratio Rank: 87
APDIX Omega Ratio Rank: 85
APDIX Calmar Ratio Rank: 90
APDIX Martin Ratio Rank: 91

MIEKX

MIEKX Risk / Return Rank: 16
MIEKX Sharpe Ratio Rank: 16
MIEKX Sortino Ratio Rank: 14
MIEKX Omega Ratio Rank: 14
MIEKX Calmar Ratio Rank: 17
MIEKX Martin Ratio Rank: 18

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.

APDIX vs. MIEKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Artisan International Fund Advisor Class (APDIX) and MFS International Equity Fund Class R6 (MIEKX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	APDIX	MIEKX	Difference
Sharpe ratio Return per unit of total volatility	1.85	0.45	+1.41
Sortino ratio Return per unit of downside risk	2.38	0.67	+1.71
Omega ratio Gain probability vs. loss probability	1.35	1.09	+0.26
Calmar ratio Return relative to maximum drawdown	2.52	0.51	+2.00
Martin ratio Return relative to average drawdown	10.62	1.89	+8.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

APDIX vs. MIEKX - Sharpe Ratio Comparison

The current APDIX Sharpe Ratio is 1.85, which is higher than the MIEKX Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of APDIX and MIEKX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	APDIX	MIEKX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.85	0.45	+1.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.65	-0.11

Correlation

The correlation between APDIX and MIEKX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

APDIX vs. MIEKX - Dividend Comparison

APDIX's dividend yield for the trailing twelve months is around 22.01%, more than MIEKX's 2.78% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
APDIX Artisan International Fund Advisor Class	22.01%	22.84%	10.42%	2.00%	2.74%	23.63%	3.39%	5.41%	9.98%	0.83%	1.45%
MIEKX MFS International Equity Fund Class R6	2.78%	2.60%	1.41%	1.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

APDIX vs. MIEKX - Drawdown Comparison

The maximum APDIX drawdown since its inception was -33.79%, which is greater than MIEKX's maximum drawdown of -13.42%. Use the drawdown chart below to compare losses from any high point for APDIX and MIEKX.

Drawdown Indicators

	APDIX	MIEKX	Difference
Max Drawdown Largest peak-to-trough decline	-33.79%	-13.42%	-20.37%
Max Drawdown (1Y) Largest decline over 1 year	-9.77%	-11.30%	+1.53%
Max Drawdown (5Y) Largest decline over 5 years	-33.79%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.79%	—	—
Current Drawdown Current decline from peak	-9.77%	-10.88%	+1.11%
Average Drawdown Average peak-to-trough decline	-7.06%	-2.79%	-4.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	3.05%	-0.46%

Volatility

APDIX vs. MIEKX - Volatility Comparison

Artisan International Fund Advisor Class (APDIX) and MFS International Equity Fund Class R6 (MIEKX) have volatilities of 6.03% and 6.03%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APDIX	MIEKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.03%	6.03%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	10.12%	9.42%	+0.70%
Volatility (1Y) Calculated over the trailing 1-year period	15.32%	14.87%	+0.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.61%	13.08%	+2.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.16%	13.08%	+3.08%