BRCYX vs. MCSFX
BRCYX (Invesco Balanced-Risk Commodity Strategy Fund) and MCSFX (MFS Commodity Strategy Fund) are both Commodities funds. Over the past 5 years, BRCYX returned 11.14%/yr vs 9.20%/yr for MCSFX. Their correlation of 0.89 means they have usually moved in the same direction. BRCYX charges 1.06%/yr vs 1.89%/yr for MCSFX.
Performance
BRCYX vs. MCSFX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BRCYX achieves a 26.65% return, which is significantly higher than MCSFX's 19.17% return.
BRCYX
- 1D
- -0.12%
- 1M
- 7.45%
- 6M
- 16.89%
- YTD
- 26.65%
- 1Y
- 43.27%
- 3Y*
- 15.32%
- 5Y*
- 11.14%
- 10Y*
- 7.63%
- ALL TIME*
- 2.45%
MCSFX
- 1D
- -0.23%
- 1M
- 5.93%
- 6M
- 8.61%
- YTD
- 19.17%
- 1Y
- 32.78%
- 3Y*
- 11.72%
- 5Y*
- 9.20%
- 10Y*
- —
- ALL TIME*
- 8.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
BRCYX vs. MCSFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BRCYX Invesco Balanced-Risk Commodity Strategy Fund | 26.65% | 18.82% | 5.70% | -3.15% | 7.94% | 19.54% | 7.89% | -0.91% |
MCSFX MFS Commodity Strategy Fund | 19.17% | 17.09% | 4.32% | -7.25% | 12.27% | 26.40% | -1.34% | -1.69% |
Correlation
The correlation between BRCYX and MCSFX is 0.93, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.93 |
Correlation (3Y) Balances recent behavior with more history. | 0.90 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.89 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 2019 | 0.89 |
The correlation between BRCYX and MCSFX has been stable across timeframes, ranging from 0.89 to 0.93 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BRCYX vs. MCSFX — Risk / Return Rank
BRCYX
MCSFX
BRCYX vs. MCSFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Balanced-Risk Commodity Strategy Fund (BRCYX) and MFS Commodity Strategy Fund (MCSFX). 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.
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.
| BRCYX | MCSFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.33 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.42 | 2.36 | +0.06 |
| Martin ratioReturn relative to average drawdown | 8.01 | 7.39 | +0.62 |
Loading charts...
Drawdowns
BRCYX vs. MCSFX - Drawdown Comparison
The maximum BRCYX drawdown since its inception was -60.05%, which is greater than MCSFX's maximum drawdown of -37.16%. Use the drawdown chart below to compare losses from any high point for BRCYX and MCSFX.
Loading charts...
Drawdown Indicators
| BRCYX | MCSFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.05% | -37.16% | -22.89% |
Max Drawdown (1Y)Largest decline over 1 year | -17.02% | -12.77% | -4.25% |
Max Drawdown (3Y)Largest decline over 3 years | -17.02% | -12.77% | -4.25% |
Max Drawdown (5Y)Largest decline over 5 years | -20.42% | -37.16% | +16.74% |
Max Drawdown (10Y)Largest decline over 10 years | -38.09% | — | — |
Current DrawdownCurrent decline from peak | -9.14% | -7.14% | -2.00% |
Average DrawdownAverage peak-to-trough decline | -27.04% | -18.07% | -8.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.13% | 4.10% | +1.03% |
Volatility
BRCYX vs. MCSFX - Volatility Comparison
Invesco Balanced-Risk Commodity Strategy Fund (BRCYX) and MFS Commodity Strategy Fund (MCSFX) have volatilities of 4.20% and 4.21%, 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.
Loading charts...
Volatility by Period
| BRCYX | MCSFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.20% | 4.21% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 15.58% | 13.02% | +2.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.23% | 16.25% | +1.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.76% | 34.12% | -18.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.33% | 29.32% | -14.99% |
BRCYX vs. MCSFX - Expense Ratio Comparison
BRCYX has a 1.06% expense ratio, which is lower than MCSFX's 1.89% expense ratio.
Dividends
BRCYX vs. MCSFX - Dividend Comparison
BRCYX's dividend yield for the trailing twelve months is around 10.83%, less than MCSFX's 12.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BRCYX Invesco Balanced-Risk Commodity Strategy Fund | 10.83% | 13.71% | 4.95% | 3.71% | 9.93% | 16.64% | 0.00% | 0.91% | 0.25% | 0.01% | 2.74% |
MCSFX MFS Commodity Strategy Fund | 12.63% | 15.05% | 2.25% | 1.04% | 26.24% | 54.80% | 0.15% | 0.86% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.93, BRCYX and MCSFX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
MCSFX has higher volatility (4.21%) compared to BRCYX (4.20%). In terms of maximum drawdown, BRCYX dropped -60.05% vs MCSFX's -37.16%.
BRCYX currently has the higher Sharpe Ratio (2.26 vs 1.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BRCYX and MCSFX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer