BRSJX vs. MEIAX

Last updated Jun 6, 2026

BRSJX (MFS Blended Research Small Cap Equity Fund) and MEIAX (MFS Value Fund) are both mutual funds - BRSJX is a Small Cap Blend Equities fund managed by MFS, while MEIAX is a Large Cap Value Equities fund managed by MFS. Over the past 10 years, BRSJX returned 9.28%/yr vs 9.67%/yr for MEIAX. A 0.80 correlation means they provide meaningful diversification when combined. BRSJX charges 0.74%/yr vs 0.80%/yr for MEIAX.

Performance

BRSJX vs. MEIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Blended Research Small Cap Equity Fund (BRSJX) and MFS Value Fund (MEIAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRSJX achieves a 13.76% return, which is significantly higher than MEIAX's 5.58% return. Both investments have delivered pretty close results over the past 10 years, with BRSJX having a 9.28% annualized return and MEIAX not far ahead at 9.67%.

BRSJX

• 1D: 1.21%
• 1M: -1.29%
• YTD: 13.76%
• 6M: 12.78%
• 1Y: 30.16%
• 3Y*: 13.73%
• 5Y*: 5.27%
• 10Y*: 9.28%

MEIAX

• 1D: 1.59%
• 1M: 0.98%
• YTD: 5.58%
• 6M: 7.18%
• 1Y: 14.76%
• 3Y*: 13.49%
• 5Y*: 7.65%
• 10Y*: 9.67%

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

BRSJX vs. MEIAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRSJX MFS Blended Research Small Cap Equity Fund	13.76%	5.80%	4.75%	18.84%	-18.40%	28.88%	2.09%	26.23%	-5.37%	13.22%
MEIAX MFS Value Fund	5.58%	12.97%	11.60%	7.92%	-6.25%	25.11%	3.71%	29.73%	-10.11%	16.97%

Correlation

The correlation between BRSJX and MEIAX is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (10Y) Calculated over the trailing 10-year period	0.79
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.80

The correlation between BRSJX and MEIAX has been stable across timeframes, ranging from 0.71 to 0.80 - a consistent structural relationship.

Return for Risk

BRSJX vs. MEIAX — Risk / Return Rank

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

BRSJX

BRSJX Risk / Return Rank: 42
BRSJX Sharpe Ratio Rank: 35
BRSJX Sortino Ratio Rank: 35
BRSJX Omega Ratio Rank: 32
BRSJX Calmar Ratio Rank: 63
BRSJX Martin Ratio Rank: 48

MEIAX

MEIAX Risk / Return Rank: 29
MEIAX Sharpe Ratio Rank: 26
MEIAX Sortino Ratio Rank: 26
MEIAX Omega Ratio Rank: 24
MEIAX Calmar Ratio Rank: 35
MEIAX Martin Ratio Rank: 35

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.

BRSJX vs. MEIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Blended Research Small Cap Equity Fund (BRSJX) and MFS Value Fund (MEIAX). 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.

	BRSJX	MEIAX	Difference
Sharpe ratio: Return per unit of total volatility	1.63	1.39	+0.24
Sortino ratio: Return per unit of downside risk	2.37	2.02	+0.35
Omega ratio: Gain probability vs. loss probability	1.28	1.24	+0.04
Calmar ratio: Return relative to maximum drawdown	2.92	2.15	+0.77
Martin ratio: Return relative to average drawdown	9.65	7.37	+2.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BRSJX vs. MEIAX - Sharpe Ratio Comparison

The current BRSJX Sharpe Ratio is 1.63, which is comparable to the MEIAX Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of BRSJX and MEIAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BRSJX	MEIAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.63	1.39	+0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	0.55	-0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	0.59	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.58	-0.15

Drawdowns

BRSJX vs. MEIAX - Drawdown Comparison

The maximum BRSJX drawdown since its inception was -45.20%, smaller than the maximum MEIAX drawdown of -52.85%. Use the drawdown chart below to compare losses from any high point for BRSJX and MEIAX.

Drawdown Indicators

	BRSJX	MEIAX	Difference
Max Drawdown Largest peak-to-trough decline	-45.20%	-52.85%	+7.65%
Max Drawdown (1Y) Largest decline over 1 year	-10.37%	-6.78%	-3.59%
Max Drawdown (3Y) Largest decline over 3 years	-29.05%	-13.26%	-15.79%
Max Drawdown (5Y) Largest decline over 5 years	-29.05%	-17.72%	-11.33%
Max Drawdown (10Y) Largest decline over 10 years	-45.20%	-36.71%	-8.49%
Current Drawdown Current decline from peak	-1.29%	-0.74%	-0.55%
Average Drawdown Average peak-to-trough decline	-8.08%	-6.54%	-1.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	1.97%	+1.16%

Volatility

BRSJX vs. MEIAX - Volatility Comparison

MFS Blended Research Small Cap Equity Fund (BRSJX) has a higher volatility of 5.31% compared to MFS Value Fund (MEIAX) at 2.74%. This indicates that BRSJX's price experiences larger fluctuations and is considered to be riskier than MEIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRSJX	MEIAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.31%	2.74%	+2.57%
Volatility (6M) Calculated over the trailing 6-month period	13.59%	7.86%	+5.73%
Volatility (1Y) Calculated over the trailing 1-year period	18.61%	10.50%	+8.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.21%	13.93%	+8.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.04%	16.55%	+6.49%

BRSJX vs. MEIAX - Expense Ratio Comparison

BRSJX has a 0.74% expense ratio, which is lower than MEIAX's 0.80% expense ratio.

Dividends

BRSJX vs. MEIAX - Dividend Comparison

BRSJX's dividend yield for the trailing twelve months is around 5.90%, less than MEIAX's 9.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRSJX MFS Blended Research Small Cap Equity Fund	5.90%	6.71%	7.66%	0.78%	4.18%	12.97%	0.67%	1.83%	6.23%	3.01%	0.36%	0.00%
MEIAX MFS Value Fund	9.03%	9.34%	9.10%	8.21%	7.36%	3.10%	2.42%	2.97%	3.36%	3.87%	2.84%	5.73%

Frequently Asked Questions

Can I hold both BRSJX and MEIAX in my portfolio?

BRSJX and MEIAX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BRSJX or MEIAX?

BRSJX has higher volatility (5.31%) compared to MEIAX (2.74%). In terms of maximum drawdown, BRSJX dropped -45.20% vs MEIAX's -52.85%.

Which has better risk-adjusted returns?

BRSJX currently has the higher Sharpe Ratio (1.63 vs 1.39), 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.