INTAX vs. MGTIX
INTAX (Columbia Strategic Municipal Income Fund) and MGTIX (MFS Massachusetts Investors Growth Stock Fund) are both mutual funds - INTAX is a Municipal Bonds fund managed by Columbia, while MGTIX is a Large Cap Growth Equities fund managed by MFS. Over the past 10 years, INTAX returned 1.97%/yr vs 14.31%/yr for MGTIX. Their -0.04 correlation means they have often moved in opposite directions in the past. INTAX charges 0.78%/yr vs 0.45%/yr for MGTIX.
Performance
INTAX vs. MGTIX - Performance Comparison
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Returns By Period
In the year-to-date period, INTAX achieves a 1.08% return, which is significantly higher than MGTIX's -1.65% return. Over the past 10 years, INTAX has underperformed MGTIX with an annualized return of 1.97%, while MGTIX has yielded a comparatively higher 14.31% annualized return.
INTAX
- 1D
- -0.28%
- 1M
- -2.24%
- 6M
- 0.32%
- YTD
- 1.08%
- 1Y
- 6.95%
- 3Y*
- 4.05%
- 5Y*
- -0.08%
- 10Y*
- 1.97%
- ALL TIME*
- 3.44%
MGTIX
- 1D
- 1.32%
- 1M
- 0.92%
- 6M
- -0.92%
- YTD
- -1.65%
- 1Y
- 3.92%
- 3Y*
- 13.14%
- 5Y*
- 8.36%
- 10Y*
- 14.31%
- ALL TIME*
- 9.49%
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 |
INTAX vs. MGTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INTAX Columbia Strategic Municipal Income Fund | 1.08% | 3.80% | 3.72% | 7.92% | -14.56% | 2.65% | 5.05% | 8.83% | 0.51% | 7.32% |
MGTIX MFS Massachusetts Investors Growth Stock Fund | -1.65% | 10.23% | 27.38% | 24.40% | -18.99% | 26.41% | 22.84% | 40.17% | 1.07% | 28.97% |
Correlation
The correlation between INTAX and MGTIX is 0.24, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.24 |
Correlation (3Y) Balances recent behavior with more history. | 0.15 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1996 | -0.04 |
The correlation between INTAX and MGTIX shifts across timeframes, from -0.04 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
INTAX vs. MGTIX — Risk / Return Rank
INTAX
MGTIX
INTAX vs. MGTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Strategic Municipal Income Fund (INTAX) and MFS Massachusetts Investors Growth Stock Fund (MGTIX). 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.
| INTAX | MGTIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.17 | ||
| Sortino ratioReturn per unit of downside risk | +3.30 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.03 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | 0.14 | +2.50 |
| Martin ratioReturn relative to average drawdown | 9.20 | 0.42 | +8.78 |
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Drawdowns
INTAX vs. MGTIX - Drawdown Comparison
The maximum INTAX drawdown since its inception was -36.87%, smaller than the maximum MGTIX drawdown of -60.05%. Use the drawdown chart below to compare losses from any high point for INTAX and MGTIX.
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Drawdown Indicators
| INTAX | MGTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.87% | -60.05% | +23.18% |
Max Drawdown (1Y)Largest decline over 1 year | -3.11% | -13.71% | +10.60% |
Max Drawdown (3Y)Largest decline over 3 years | -7.72% | -18.65% | +10.93% |
Max Drawdown (5Y)Largest decline over 5 years | -20.70% | -26.52% | +5.82% |
Max Drawdown (10Y)Largest decline over 10 years | -20.74% | -32.42% | +11.68% |
Current DrawdownCurrent decline from peak | -2.24% | -3.70% | +1.46% |
Average DrawdownAverage peak-to-trough decline | -5.13% | -17.06% | +11.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 4.52% | -3.63% |
Volatility
INTAX vs. MGTIX - Volatility Comparison
The current volatility for Columbia Strategic Municipal Income Fund (INTAX) is 1.09%, while MFS Massachusetts Investors Growth Stock Fund (MGTIX) has a volatility of 3.26%. This indicates that INTAX experiences smaller price fluctuations and is considered to be less risky than MGTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INTAX | MGTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.09% | 3.26% | -2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 2.71% | 10.73% | -8.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.56% | 13.36% | -9.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.70% | 17.61% | -11.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.42% | 18.19% | -12.77% |
INTAX vs. MGTIX - Expense Ratio Comparison
INTAX has a 0.78% expense ratio, which is higher than MGTIX's 0.45% expense ratio.
Dividends
INTAX vs. MGTIX - Dividend Comparison
INTAX's dividend yield for the trailing twelve months is around 3.49%, less than MGTIX's 10.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INTAX Columbia Strategic Municipal Income Fund | 3.49% | 4.97% | 3.79% | 3.08% | 2.76% | 2.45% | 2.46% | 3.45% | 3.79% | 3.76% | 4.09% | 4.36% |
MGTIX MFS Massachusetts Investors Growth Stock Fund | 10.50% | 11.08% | 16.84% | 4.17% | 4.59% | 10.30% | 7.43% | 7.38% | 10.72% | 6.83% | 5.00% | 6.61% |
Frequently Asked Questions
INTAX and MGTIX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MGTIX has higher volatility (3.26%) compared to INTAX (1.09%). In terms of maximum drawdown, INTAX dropped -36.87% vs MGTIX's -60.05%.
INTAX currently has the higher Sharpe Ratio (2.31 vs 0.14), 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.
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