JMGMX vs. MEIKX

Last updated Aug 1, 2026

JMGMX (JPMorgan Mid Cap Growth Fund Class R6) and MEIKX (MFS Value Fund) are both mutual funds - JMGMX is a Mid Cap Growth Equities fund tracking the Russell Midcap Growth Index, while MEIKX is a Large Cap Value Equities fund managed by MFS. Over the past 10 years, JMGMX returned 13.30%/yr vs 10.36%/yr for MEIKX. Their 0.74 correlation means they have sometimes moved together and sometimes differently. JMGMX charges 0.65%/yr vs 0.43%/yr for MEIKX.

Performance

JMGMX vs. MEIKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Mid Cap Growth Fund Class R6 (JMGMX) and MFS Value Fund (MEIKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JMGMX achieves a 2.61% return, which is significantly lower than MEIKX's 10.58% return. Over the past 10 years, JMGMX has outperformed MEIKX with an annualized return of 13.30%, while MEIKX has yielded a comparatively lower 10.36% annualized return.

JMGMX

• 1D: 2.75%
• 1M: -4.82%
• 6M: 2.61%
• YTD: 2.61%
• 1Y: 3.01%
• 3Y*: 12.61%
• 5Y*: 4.61%
• 10Y*: 13.30%
• ALL TIME*: 12.94%

MEIKX

• 1D: 0.39%
• 1M: 1.22%
• 6M: 7.04%
• YTD: 10.58%
• 1Y: 18.94%
• 3Y*: 13.21%
• 5Y*: 8.85%
• 10Y*: 10.36%
• ALL TIME*: 7.78%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JMGMX JPMorgan Mid Cap Growth Fund Class R6	$0.00	$0.00	$0.00
MEIKX MFS Value Fund	$0.00	$0.00	$0.00

JMGMX vs. MEIKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JMGMX JPMorgan Mid Cap Growth Fund Class R6	2.61%	8.86%	22.68%	23.35%	-26.95%	10.89%	48.58%	40.03%	-4.88%	29.74%
MEIKX MFS Value Fund	10.58%	13.37%	11.98%	8.32%	-5.92%	25.59%	4.09%	30.18%	-9.81%	17.26%

Correlation

The correlation between JMGMX and MEIKX is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.49
Correlation (3Y) Balances recent behavior with more history.	0.59
Correlation (5Y) Shows whether the relationship held over a longer period.	0.68
Correlation (10Y) Provides a long-term view across more market conditions.	0.69
Correlation (All Time) Calculated using the full available price history since Nov 1, 2011	0.74

Over the past year, the correlation between JMGMX and MEIKX has dropped to 0.49 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.

Return for Risk

JMGMX vs. MEIKX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JMGMX

JMGMX Risk / Return Rank: 5
JMGMX Sharpe Ratio Rank: 5
JMGMX Sortino Ratio Rank: 5
JMGMX Omega Ratio Rank: 5
JMGMX Calmar Ratio Rank: 5
JMGMX Martin Ratio Rank: 5

MEIKX

MEIKX Risk / Return Rank: 70
MEIKX Sharpe Ratio Rank: 68
MEIKX Sortino Ratio Rank: 68
MEIKX Omega Ratio Rank: 64
MEIKX Calmar Ratio Rank: 76
MEIKX Martin Ratio Rank: 72

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JMGMX vs. MEIKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Mid Cap Growth Fund Class R6 (JMGMX) and MFS Value Fund (MEIKX). 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.

	JMGMX	MEIKX	Difference
Sharpe ratio: Return per unit of total volatility	0.05	1.56	-1.51
Sortino ratio: Return per unit of downside risk	0.21	2.26	-2.05
Omega ratio: Gain probability vs. loss probability	1.02	1.28	-0.25
Calmar ratio: Return relative to maximum drawdown	0.07	2.44	-2.37
Martin ratio: Return relative to average drawdown	0.21	8.59	-8.38

JMGMX vs. MEIKX - Sharpe Ratio Comparison

The current JMGMX Sharpe Ratio is 0.05, which is lower than the MEIKX Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of JMGMX and MEIKX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JMGMX vs. MEIKX - Drawdown Comparison

The maximum JMGMX drawdown since its inception was -37.07%, smaller than the maximum MEIKX drawdown of -56.81%. Use the drawdown chart below to compare losses from any high point for JMGMX and MEIKX.

Drawdown Indicators

	JMGMX	MEIKX	Difference
Max Drawdown Largest peak-to-trough decline	-37.07%	-56.81%	+19.74%
Max Drawdown (1Y) Largest decline over 1 year	-14.11%	-6.76%	-7.35%
Max Drawdown (3Y) Largest decline over 3 years	-25.50%	-13.15%	-12.35%
Max Drawdown (5Y) Largest decline over 5 years	-37.07%	-17.50%	-19.57%
Max Drawdown (10Y) Largest decline over 10 years	-37.07%	-36.68%	-0.39%
Current Drawdown Current decline from peak	-7.54%	-1.05%	-6.49%
Average Drawdown Average peak-to-trough decline	-7.73%	-9.38%	+1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.77%	1.93%	+2.84%

Volatility

JMGMX vs. MEIKX - Volatility Comparison

JPMorgan Mid Cap Growth Fund Class R6 (JMGMX) has a higher volatility of 5.95% compared to MFS Value Fund (MEIKX) at 2.77%. This indicates that JMGMX's price experiences larger fluctuations and is considered to be riskier than MEIKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JMGMX	MEIKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.95%	2.77%	+3.18%
Volatility (6M) Calculated over the trailing 6-month period	15.33%	7.49%	+7.84%
Volatility (1Y) Calculated over the trailing 1-year period	18.93%	10.58%	+8.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.52%	13.88%	+8.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.01%	16.47%	+5.54%

JMGMX vs. MEIKX - Expense Ratio Comparison

JMGMX has a 0.65% expense ratio, which is higher than MEIKX's 0.43% expense ratio.

Dividends

JMGMX vs. MEIKX - Dividend Comparison

JMGMX's dividend yield for the trailing twelve months is around 8.81%, less than MEIKX's 8.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JMGMX JPMorgan Mid Cap Growth Fund Class R6	8.81%	9.04%	14.16%	0.00%	0.76%	8.62%	10.47%	7.13%	7.14%	6.32%	0.04%	5.26%
MEIKX MFS Value Fund	8.95%	9.72%	9.49%	8.58%	7.77%	3.43%	2.75%	3.28%	3.76%	4.14%	3.84%	6.12%

Frequently Asked Questions

Can I hold both JMGMX and MEIKX in my portfolio?

JMGMX and MEIKX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JMGMX or MEIKX?

JMGMX has higher volatility (5.95%) compared to MEIKX (2.77%). In terms of maximum drawdown, JMGMX dropped -37.07% vs MEIKX's -56.81%.

Which has better risk-adjusted returns?

MEIKX currently has the higher Sharpe Ratio (1.56 vs 0.05), 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.