Correlation
The correlation between CMNWX and MRGAX is 0.92, 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.
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.
Performance
CMNWX vs. MRGAX - Performance Comparison
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Key characteristics
CMNWX:
0.56
MRGAX:
0.53
CMNWX:
0.84
MRGAX:
0.80
CMNWX:
1.12
MRGAX:
1.11
CMNWX:
0.50
MRGAX:
0.48
CMNWX:
1.76
MRGAX:
1.76
CMNWX:
5.57%
MRGAX:
5.21%
CMNWX:
19.32%
MRGAX:
19.52%
CMNWX:
-56.47%
MRGAX:
-53.66%
CMNWX:
-5.66%
MRGAX:
-4.39%
Returns By Period
In the year-to-date period, CMNWX achieves a -0.96% return, which is significantly lower than MRGAX's 0.51% return. Both investments have delivered pretty close results over the past 10 years, with CMNWX having a 12.37% annualized return and MRGAX not far behind at 11.92%.
CMNWX
-0.96%
5.85%
-3.37%
10.79%
14.42%
15.74%
12.37%
MRGAX
0.51%
6.37%
-2.63%
10.29%
11.64%
13.69%
11.92%
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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 Rank
CMNWX
MRGAX
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.
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Dividends
CMNWX vs. MRGAX - Dividend Comparison
CMNWX's dividend yield for the trailing twelve months is around 5.30%, less than MRGAX's 8.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMNWX Principal Capital Appreciation Fund | 5.30% | 5.25% | 0.71% | 0.69% | 9.52% | 5.33% | 8.37% | 46.60% | 7.72% | 10.33% | 5.42% | 4.81% |
MRGAX MFS Core Equity Fund | 8.17% | 8.21% | 2.53% | 3.83% | 7.28% | 1.54% | 1.82% | 11.09% | 6.80% | 3.65% | 11.02% | 8.24% |
Drawdowns
CMNWX vs. MRGAX - Drawdown Comparison
The maximum CMNWX drawdown since its inception was -56.47%, 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.
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Volatility
CMNWX vs. MRGAX - Volatility Comparison
The current volatility for Principal Capital Appreciation Fund (CMNWX) is 4.50%, while MFS Core Equity Fund (MRGAX) has a volatility of 4.84%. This indicates that CMNWX experiences smaller price fluctuations and is considered to be less risky than MRGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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