LSVQX vs. MEIIX

Last updated Jun 4, 2026

LSVQX (LSV Small Cap Value Fund) and MEIIX (MFS Value Fund Class I) are both mutual funds - LSVQX is a Small Cap Value Equities fund managed by LSV, while MEIIX is a Large Cap Value Equities fund managed by MFS. Over the past 10 years, LSVQX returned 8.88%/yr vs 9.86%/yr for MEIIX. A 0.80 correlation means they provide meaningful diversification when combined. LSVQX charges 0.83%/yr vs 0.55%/yr for MEIIX.

Performance

LSVQX vs. MEIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LSV Small Cap Value Fund (LSVQX) 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, LSVQX achieves a 13.77% return, which is significantly higher than MEIIX's 4.47% return. Over the past 10 years, LSVQX has underperformed MEIIX with an annualized return of 8.88%, while MEIIX has yielded a comparatively higher 9.86% annualized return.

LSVQX

• 1D: 0.86%
• 1M: 3.25%
• YTD: 13.77%
• 6M: 13.52%
• 1Y: 27.94%
• 3Y*: 15.06%
• 5Y*: 7.70%
• 10Y*: 8.88%

MEIIX

• 1D: 0.60%
• 1M: 0.42%
• YTD: 4.47%
• 6M: 5.85%
• 1Y: 12.97%
• 3Y*: 13.21%
• 5Y*: 7.77%
• 10Y*: 9.86%

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

LSVQX vs. MEIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LSVQX LSV Small Cap Value Fund	13.77%	7.31%	4.23%	19.02%	-6.24%	34.54%	-5.98%	20.59%	-17.41%	6.12%
MEIIX MFS Value Fund Class I	4.47%	13.26%	11.86%	8.21%	-6.02%	25.43%	3.99%	30.04%	-9.90%	17.20%

Correlation

The correlation between LSVQX and MEIIX is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.80
Correlation (All Time) Calculated using the full available price history since Mar 4, 2013	0.80

The correlation between LSVQX and MEIIX has been stable across timeframes, ranging from 0.79 to 0.81 - a consistent structural relationship.

Return for Risk

LSVQX vs. MEIIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LSVQX

LSVQX Risk / Return Rank: 51
LSVQX Sharpe Ratio Rank: 42
LSVQX Sortino Ratio Rank: 44
LSVQX Omega Ratio Rank: 39
LSVQX Calmar Ratio Rank: 77
LSVQX Martin Ratio Rank: 51

MEIIX

MEIIX Risk / Return Rank: 23
MEIIX Sharpe Ratio Rank: 20
MEIIX Sortino Ratio Rank: 20
MEIIX Omega Ratio Rank: 18
MEIIX Calmar Ratio Rank: 28
MEIIX Martin Ratio Rank: 29

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LSVQX vs. MEIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LSV Small Cap Value Fund (LSVQX) 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.

	LSVQX	MEIIX	Difference
Sharpe ratio: Return per unit of total volatility	1.90	1.28	+0.62
Sortino ratio: Return per unit of downside risk	2.80	1.86	+0.94
Omega ratio: Gain probability vs. loss probability	1.33	1.22	+0.11
Calmar ratio: Return relative to maximum drawdown	3.50	1.97	+1.53
Martin ratio: Return relative to average drawdown	10.35	6.80	+3.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LSVQX vs. MEIIX - Sharpe Ratio Comparison

The current LSVQX Sharpe Ratio is 1.90, which is higher than the MEIIX Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of LSVQX 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.

Sharpe Ratios by Period

	LSVQX	MEIIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.90	1.28	+0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	0.56	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.60	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.56	-0.16

Drawdowns

LSVQX vs. MEIIX - Drawdown Comparison

The maximum LSVQX drawdown since its inception was -54.77%, roughly equal to the maximum MEIIX drawdown of -52.64%. Use the drawdown chart below to compare losses from any high point for LSVQX and MEIIX.

Drawdown Indicators

	LSVQX	MEIIX	Difference
Max Drawdown Largest peak-to-trough decline	-54.77%	-52.64%	-2.13%
Max Drawdown (1Y) Largest decline over 1 year	-8.48%	-6.76%	-1.72%
Max Drawdown (3Y) Largest decline over 3 years	-25.76%	-13.19%	-12.57%
Max Drawdown (5Y) Largest decline over 5 years	-25.76%	-17.58%	-8.18%
Max Drawdown (10Y) Largest decline over 10 years	-54.77%	-36.70%	-18.07%
Current Drawdown Current decline from peak	0.00%	-1.82%	+1.82%
Average Drawdown Average peak-to-trough decline	-7.45%	-6.55%	-0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.86%	1.95%	+0.91%

Volatility

LSVQX vs. MEIIX - Volatility Comparison

LSV Small Cap Value Fund (LSVQX) has a higher volatility of 4.26% compared to MFS Value Fund Class I (MEIIX) at 2.35%. This indicates that LSVQX'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

	LSVQX	MEIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	2.35%	+1.91%
Volatility (6M) Calculated over the trailing 6-month period	10.40%	7.75%	+2.65%
Volatility (1Y) Calculated over the trailing 1-year period	15.61%	10.37%	+5.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.36%	13.92%	+6.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.30%	16.56%	+7.74%

LSVQX vs. MEIIX - Expense Ratio Comparison

LSVQX has a 0.83% expense ratio, which is higher than MEIIX's 0.55% expense ratio.

Dividends

LSVQX vs. MEIIX - Dividend Comparison

LSVQX's dividend yield for the trailing twelve months is around 7.14%, less than MEIIX's 9.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LSVQX LSV Small Cap Value Fund	7.14%	8.13%	1.78%	4.73%	2.02%	1.45%	1.83%	2.04%	7.00%	4.78%	2.35%	3.59%
MEIIX MFS Value Fund Class I	9.30%	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 LSVQX and MEIIX in my portfolio?

LSVQX and MEIIX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LSVQX or MEIIX?

LSVQX has higher volatility (4.26%) compared to MEIIX (2.35%). In terms of maximum drawdown, LSVQX dropped -54.77% vs MEIIX's -52.64%.

Which has better risk-adjusted returns?

LSVQX currently has the higher Sharpe Ratio (1.90 vs 1.28), 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.