PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
MCSFX vs. EAPCX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

MCSFX vs. EAPCX

Last updated Apr 1, 2026

Compare and contrast key facts about MFS Commodity Strategy Fund (MCSFX) and Parametric Commodity Strategy Fund Class A (EAPCX).

MCSFX is managed by MFS. It was launched on Aug 15, 2018. EAPCX is managed by Eaton Vance. It was launched on May 25, 2011.

Performance

MCSFX vs. EAPCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Commodity Strategy Fund (MCSFX) and Parametric Commodity Strategy Fund Class A (EAPCX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

MCSFX vs. EAPCX - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
MCSFX
MFS Commodity Strategy Fund		20.28%17.09%4.32%-7.25%12.27%26.40%-1.34%-1.69%
EAPCX
Parametric Commodity Strategy Fund Class A		16.34%22.06%9.63%-4.87%17.26%29.92%7.77%1.49%

Returns By Period

In the year-to-date period, MCSFX achieves a 20.28% return, which is significantly higher than EAPCX's 16.34% return.

MCSFX

1D
0.46%
1M
6.91%
YTD
20.28%
6M
26.86%
1Y
29.49%
3Y*
12.79%
5Y*
12.72%
10Y*
—

EAPCX

1D
0.40%
1M
5.69%
YTD
16.34%
6M
25.33%
1Y
32.23%
3Y*
14.77%
5Y*
16.00%
10Y*
11.09%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

MFS Commodity Strategy Fund

Parametric Commodity Strategy Fund Class A

Often compared with MCSFX:
MCSFX vs. PDBCMCSFX vs. PCLPXMCSFX vs. BRCAXMCSFX vs. BRCYXMCSFX vs. FIFGXMCSFX vs. BCSKXMCSFX vs. DCMSX
Often compared with EAPCX:
EAPCX vs. FCSSXEAPCX vs. SWASXEAPCX vs. SWRSXEAPCX vs. RBESXEAPCX vs. KMLMEAPCX vs. SWAGXEAPCX vs. SWPPX

MCSFX vs. EAPCX - Expense Ratio Comparison

MCSFX has a 1.89% expense ratio, which is higher than EAPCX's 0.91% expense ratio.

MCSFX
MFS Commodity Strategy Fund
EAPCX
Parametric Commodity Strategy Fund Class A

Return for Risk

MCSFX vs. EAPCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MCSFX
MCSFX Risk / Return Rank: 8888
Overall Rank
MCSFX Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
MCSFX Sortino Ratio Rank: 8787
Sortino Ratio Rank
MCSFX Omega Ratio Rank: 8383
Omega Ratio Rank
MCSFX Calmar Ratio Rank: 9494
Calmar Ratio Rank
MCSFX Martin Ratio Rank: 8787
Martin Ratio Rank
EAPCX
EAPCX Risk / Return Rank: 9494
Overall Rank
EAPCX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
EAPCX Sortino Ratio Rank: 9393
Sortino Ratio Rank
EAPCX Omega Ratio Rank: 9090
Omega Ratio Rank
EAPCX Calmar Ratio Rank: 9696
Calmar Ratio Rank
EAPCX Martin Ratio Rank: 9494
Martin Ratio Rank
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.

MCSFX vs. EAPCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Commodity Strategy Fund (MCSFX) and Parametric Commodity Strategy Fund Class A (EAPCX). 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.

MCSFXEAPCXDifference

Sharpe ratio

Return per unit of total volatility

1.84

2.21

-0.37

Sortino ratio

Return per unit of downside risk

2.35

2.79

-0.43

Omega ratio

Gain probability vs. loss probability

1.34

1.40

-0.06

Calmar ratio

Return relative to maximum drawdown

3.19

3.57

-0.38

Martin ratio

Return relative to average drawdown

9.29

12.49

-3.20

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MCSFX vs. EAPCX - Sharpe Ratio Comparison

The current MCSFX Sharpe Ratio is 1.84, which is comparable to the EAPCX Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of MCSFX and EAPCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

MCSFXEAPCXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.84

2.21

-0.37

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.37

1.10

-0.72

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.84

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.31

0.28

+0.03

Correlation

The correlation between MCSFX and EAPCX 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.

Dividends

MCSFX vs. EAPCX - Dividend Comparison

MCSFX's dividend yield for the trailing twelve months is around 12.51%, more than EAPCX's 11.37% yield.

TTM2025202420232022202120202019201820172016
MCSFX
MFS Commodity Strategy Fund		12.51%15.05%2.25%1.04%26.24%54.80%0.15%0.86%0.00%0.00%0.00%
EAPCX
Parametric Commodity Strategy Fund Class A		11.37%13.23%5.46%3.43%14.80%13.74%3.01%1.11%0.41%4.98%6.49%

Drawdowns

MCSFX vs. EAPCX - Drawdown Comparison

The maximum MCSFX drawdown since its inception was -37.16%, smaller than the maximum EAPCX drawdown of -52.59%. Use the drawdown chart below to compare losses from any high point for MCSFX and EAPCX.

Loading graphics...

Drawdown Indicators

MCSFXEAPCXDifference

Max Drawdown

Largest peak-to-trough decline

-37.16%

-52.59%

+15.43%

Max Drawdown (1Y)

Largest decline over 1 year

-9.56%

-9.09%

-0.47%

Max Drawdown (5Y)

Largest decline over 5 years

-37.16%

-18.05%

-19.11%

Max Drawdown (10Y)

Largest decline over 10 years

—

-28.81%

—

Current Drawdown

Current decline from peak

-1.59%

-1.17%

-0.42%

Average Drawdown

Average peak-to-trough decline

-18.70%

-23.03%

+4.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.28%

2.60%

+0.68%

Volatility

MCSFX vs. EAPCX - Volatility Comparison

MFS Commodity Strategy Fund (MCSFX) has a higher volatility of 6.45% compared to Parametric Commodity Strategy Fund Class A (EAPCX) at 4.61%. This indicates that MCSFX's price experiences larger fluctuations and is considered to be riskier than EAPCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

MCSFXEAPCXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.45%

4.61%

+1.84%

Volatility (6M)

Calculated over the trailing 6-month period

13.51%

11.77%

+1.74%

Volatility (1Y)

Calculated over the trailing 1-year period

16.69%

14.87%

+1.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

34.14%

14.64%

+19.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.85%

13.29%

+16.56%