BREE vs. MMID

Last updated Jun 4, 2026

BREE (MFS Blended Research Emerging Markets Equity ETF) and MMID (MFS Active Mid Cap ETF) are both exchange-traded funds - BREE is a Emerging Markets Diversified fund actively managed by MFS, while MMID is a Mid Cap Blend Equities fund actively managed by MFS. Both are actively managed. A 0.62 correlation means they provide meaningful diversification when combined. BREE charges 0.44%/yr vs 0.59%/yr for MMID.

Performance

BREE vs. MMID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Blended Research Emerging Markets Equity ETF (BREE) and MFS Active Mid Cap ETF (MMID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BREE

• 1D: -1.25%
• 1M: 10.36%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MMID

• 1D: -0.41%
• 1M: 0.95%
• YTD: 2.28%
• 6M: 2.54%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BREE vs. MMID - Yearly Performance Comparison

	2026 (YTD)
BREE MFS Blended Research Emerging Markets Equity ETF	20.50%
MMID MFS Active Mid Cap ETF	-0.44%

Correlation

The correlation between BREE and MMID is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 6, 2026	0.62

Return for Risk

BREE vs. MMID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Blended Research Emerging Markets Equity ETF (BREE) and MFS Active Mid Cap ETF (MMID). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BREE	MMID	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	4.18	0.41	+3.77

Drawdowns

BREE vs. MMID - Drawdown Comparison

The maximum BREE drawdown since its inception was -7.70%, roughly equal to the maximum MMID drawdown of -7.93%. Use the drawdown chart below to compare losses from any high point for BREE and MMID.

Drawdown Indicators

	BREE	MMID	Difference
Max Drawdown Largest peak-to-trough decline	-7.70%	-7.93%	+0.23%
Current Drawdown Current decline from peak	-1.25%	-2.31%	+1.06%
Average Drawdown Average peak-to-trough decline	-1.77%	-2.14%	+0.37%

Volatility

Volatility by Period

	BREE	MMID	Difference
Volatility (1Y) Calculated over the trailing 1-year period	27.33%	13.57%	+13.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.33%	13.57%	+13.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.33%	13.57%	+13.76%

BREE vs. MMID - Expense Ratio Comparison

BREE has a 0.44% expense ratio, which is lower than MMID's 0.59% expense ratio.

Dividends

BREE vs. MMID - Dividend Comparison

BREE has not paid dividends to shareholders, while MMID's dividend yield for the trailing twelve months is around 0.49%.

Position	TTM	2025
BREE MFS Blended Research Emerging Markets Equity ETF	0.00%	0.00%
MMID MFS Active Mid Cap ETF	0.49%	0.28%

Frequently Asked Questions

Can I hold both BREE and MMID in my portfolio?

BREE and MMID have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BREE or MMID?

On fees, BREE is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BREE or MMID?

BREE is cheaper with a 0.44% expense ratio, compared with 0.59% for MMID.

Which ETF pays a higher dividend yield, BREE or MMID?

MMID has the higher dividend yield at 0.49%, compared with 0.00% for BREE.

What is the main difference between BREE and MMID?

BREE is categorized as Emerging Markets Diversified, while MMID is Mid Cap Blend Equities. Their fees differ too: 0.44% for BREE and 0.59% for MMID.