JMIEX vs. MEIIX

Last updated Aug 4, 2026

JMIEX (JPMorgan Emerging Markets Equity Fund) and MEIIX (MFS Value Fund Class I) are both mutual funds - JMIEX is a Emerging Markets Equities fund managed by JPMorgan, while MEIIX is a Large Cap Value Equities fund managed by MFS. Over the past 10 years, JMIEX returned 10.29%/yr vs 10.27%/yr for MEIIX. Their 0.59 correlation means they have sometimes moved together and sometimes differently. JMIEX charges 0.90%/yr vs 0.55%/yr for MEIIX.

Performance

JMIEX vs. MEIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Emerging Markets Equity Fund (JMIEX) and MFS Value Fund Class I (MEIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JMIEX achieves a 23.80% return, which is significantly higher than MEIIX's 11.07% return. Both investments have delivered pretty close results over the past 10 years, with JMIEX having a 10.29% annualized return and MEIIX not far behind at 10.27%.

JMIEX

• 1D: 2.27%
• 1M: -2.35%
• 6M: 12.14%
• YTD: 23.80%
• 1Y: 48.99%
• 3Y*: 20.88%
• 5Y*: 6.14%
• 10Y*: 10.29%
• ALL TIME*: 6.60%

MEIIX

• 1D: 0.51%
• 1M: 1.73%
• 6M: 7.34%
• YTD: 11.07%
• 1Y: 19.41%
• 3Y*: 13.35%
• 5Y*: 8.84%
• 10Y*: 10.27%
• ALL TIME*: 9.90%

*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)
JMIEX JPMorgan Emerging Markets Equity Fund	$0.00	$0.00	$0.00
MEIIX MFS Value Fund Class I	$0.00	$0.00	$0.00

JMIEX vs. MEIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JMIEX JPMorgan Emerging Markets Equity Fund	23.80%	40.27%	3.48%	7.32%	-25.68%	-10.29%	34.88%	32.04%	-15.91%	42.70%
MEIIX MFS Value Fund Class I	11.07%	13.26%	11.86%	8.21%	-6.02%	25.43%	3.99%	30.04%	-9.90%	17.20%

Correlation

The correlation between JMIEX and MEIIX is 0.30, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.30
Correlation (3Y) Balances recent behavior with more history.	0.40
Correlation (5Y) Shows whether the relationship held over a longer period.	0.48
Correlation (10Y) Provides a long-term view across more market conditions.	0.53
Correlation (All Time) Calculated using the full available price history since Dec 31, 1996	0.59

Over the past year, the correlation between JMIEX and MEIIX has dropped to 0.30 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.

Return for Risk

JMIEX vs. MEIIX — Risk / Return Rank

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

JMIEX

JMIEX Risk / Return Rank: 77
JMIEX Sharpe Ratio Rank: 77
JMIEX Sortino Ratio Rank: 65
JMIEX Omega Ratio Rank: 74
JMIEX Calmar Ratio Rank: 86
JMIEX Martin Ratio Rank: 84

MEIIX

MEIIX Risk / Return Rank: 74
MEIIX Sharpe Ratio Rank: 74
MEIIX Sortino Ratio Rank: 73
MEIIX Omega Ratio Rank: 69
MEIIX Calmar Ratio Rank: 81
MEIIX Martin Ratio Rank: 76

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.

JMIEX vs. MEIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Emerging Markets Equity Fund (JMIEX) and MFS Value Fund Class I (MEIIX). 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.

	JMIEX	MEIIX	Difference
Sharpe ratio: Return per unit of total volatility	1.88	1.78	+0.10
Sortino ratio: Return per unit of downside risk	2.38	2.56	-0.19
Omega ratio: Gain probability vs. loss probability	1.34	1.31	+0.03
Calmar ratio: Return relative to maximum drawdown	3.15	2.76	+0.39
Martin ratio: Return relative to average drawdown	11.08	9.68	+1.40

JMIEX vs. MEIIX - Sharpe Ratio Comparison

The current JMIEX Sharpe Ratio is 1.88, which is comparable to the MEIIX Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of JMIEX and MEIIX, 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

JMIEX vs. MEIIX - Drawdown Comparison

The maximum JMIEX drawdown since its inception was -62.02%, which is greater than MEIIX's maximum drawdown of -52.64%. Use the drawdown chart below to compare losses from any high point for JMIEX and MEIIX.

Drawdown Indicators

	JMIEX	MEIIX	Difference
Max Drawdown Largest peak-to-trough decline	-62.02%	-52.64%	-9.38%
Max Drawdown (1Y) Largest decline over 1 year	-14.85%	-6.76%	-8.09%
Max Drawdown (3Y) Largest decline over 3 years	-15.06%	-13.19%	-1.87%
Max Drawdown (5Y) Largest decline over 5 years	-43.34%	-17.58%	-25.76%
Max Drawdown (10Y) Largest decline over 10 years	-49.51%	-36.70%	-12.81%
Current Drawdown Current decline from peak	-9.22%	-0.54%	-8.68%
Average Drawdown Average peak-to-trough decline	-20.10%	-6.52%	-13.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.21%	1.92%	+2.29%

Volatility

JMIEX vs. MEIIX - Volatility Comparison

JPMorgan Emerging Markets Equity Fund (JMIEX) has a higher volatility of 10.77% compared to MFS Value Fund Class I (MEIIX) at 2.74%. This indicates that JMIEX's price experiences larger fluctuations and is considered to be riskier than MEIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JMIEX	MEIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.77%	2.74%	+8.03%
Volatility (6M) Calculated over the trailing 6-month period	22.50%	7.49%	+15.01%
Volatility (1Y) Calculated over the trailing 1-year period	24.87%	10.57%	+14.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.25%	13.89%	+6.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.92%	16.48%	+3.44%

JMIEX vs. MEIIX - Expense Ratio Comparison

JMIEX has a 0.90% expense ratio, which is higher than MEIIX's 0.55% expense ratio.

Dividends

JMIEX vs. MEIIX - Dividend Comparison

JMIEX's dividend yield for the trailing twelve months is around 1.10%, less than MEIIX's 8.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JMIEX JPMorgan Emerging Markets Equity Fund	1.10%	1.36%	1.51%	1.56%	0.54%	3.89%	0.14%	0.81%	0.95%	0.44%	0.81%	0.98%
MEIIX MFS Value Fund Class I	8.72%	9.52%	9.30%	8.41%	7.58%	3.32%	2.63%	3.17%	3.62%	4.04%	2.91%	5.97%

Frequently Asked Questions

Can I hold both JMIEX and MEIIX in my portfolio?

JMIEX and MEIIX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JMIEX or MEIIX?

JMIEX has higher volatility (10.77%) compared to MEIIX (2.74%). In terms of maximum drawdown, JMIEX dropped -62.02% vs MEIIX's -52.64%.

Which has better risk-adjusted returns?

JMIEX currently has the higher Sharpe Ratio (1.88 vs 1.78), 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.