CMNWX vs. MRGAX
Compare and contrast key facts about Principal Capital Appreciation Fund (CMNWX) and MFS Core Equity Fund (MRGAX).
CMNWX is managed by Principal. It was launched on Nov 24, 1986. MRGAX is managed by MFS. It was launched on Jan 2, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMNWX or MRGAX.
Key characteristics
| CMNWX | MRGAX | |
|---|---|---|
| YTD Return | 28.67% | 23.37% |
| 1Y Return | 39.44% | 34.67% |
| 3Y Return (Ann) | 7.70% | 8.16% |
| 5Y Return (Ann) | 11.54% | 14.49% |
| 10Y Return (Ann) | 4.64% | 13.10% |
| Sharpe Ratio | 3.16 | 2.85 |
| Sortino Ratio | 4.25 | 3.87 |
| Omega Ratio | 1.59 | 1.53 |
| Calmar Ratio | 3.51 | 4.49 |
| Martin Ratio | 20.89 | 18.73 |
| Ulcer Index | 1.88% | 1.84% |
| Daily Std Dev | 12.41% | 12.10% |
| Max Drawdown | -57.43% | -53.66% |
| Current Drawdown | -0.29% | -0.23% |
Correlation
The correlation between CMNWX and MRGAX is 0.91, 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.
Performance
CMNWX vs. MRGAX - Performance Comparison
In the year-to-date period, CMNWX achieves a 28.67% return, which is significantly higher than MRGAX's 23.37% return. Over the past 10 years, CMNWX has underperformed MRGAX with an annualized return of 4.64%, while MRGAX has yielded a comparatively higher 13.10% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CMNWX vs. MRGAX - Expense Ratio Comparison
CMNWX has a 0.80% expense ratio, which is lower than MRGAX's 0.93% expense ratio.
Risk-Adjusted Performance
CMNWX vs. MRGAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Capital Appreciation Fund (CMNWX) and MFS Core Equity Fund (MRGAX). 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.
Dividends
CMNWX vs. MRGAX - Dividend Comparison
CMNWX's dividend yield for the trailing twelve months is around 0.55%, more than MRGAX's 0.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMNWX Principal Capital Appreciation Fund | 0.55% | 0.71% | 0.69% | 0.43% | 0.78% | 0.93% | 1.62% | 1.01% | 1.07% | 1.19% | 0.92% | 0.76% |
MRGAX MFS Core Equity Fund | 0.52% | 0.65% | 0.39% | 0.16% | 0.37% | 0.43% | 0.60% | 0.54% | 0.60% | 11.57% | 8.70% | 0.63% |
Drawdowns
CMNWX vs. MRGAX - Drawdown Comparison
The maximum CMNWX drawdown since its inception was -57.43%, which is greater than MRGAX's maximum drawdown of -53.66%. Use the drawdown chart below to compare losses from any high point for CMNWX and MRGAX. For additional features, visit the drawdowns tool.
Volatility
CMNWX vs. MRGAX - Volatility Comparison
Principal Capital Appreciation Fund (CMNWX) has a higher volatility of 4.04% compared to MFS Core Equity Fund (MRGAX) at 3.73%. This indicates that CMNWX's price experiences larger fluctuations and is considered to be riskier than MRGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.