MCSIX vs. BRCAX
Compare and contrast key facts about MFS Commodity Strategy Fund (MCSIX) and Invesco Balanced-Risk Commodity Strategy Fund Class A (BRCAX).
MCSIX is managed by MFS. It was launched on Jun 1, 2010. BRCAX is managed by Invesco. It was launched on Nov 30, 2010.
Performance
MCSIX vs. BRCAX - Performance Comparison
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MCSIX vs. BRCAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MCSIX MFS Commodity Strategy Fund | 20.44% | 18.47% | 5.08% | -6.13% | 13.40% | 27.55% | -0.02% | 7.79% | -12.79% | 3.65% |
BRCAX Invesco Balanced-Risk Commodity Strategy Fund Class A | 27.94% | 18.41% | 5.47% | -3.44% | 7.77% | 19.18% | 7.75% | 4.20% | -12.18% | 4.49% |
Returns By Period
In the year-to-date period, MCSIX achieves a 20.44% return, which is significantly lower than BRCAX's 27.94% return. Both investments have delivered pretty close results over the past 10 years, with MCSIX having a 8.18% annualized return and BRCAX not far ahead at 8.46%.
MCSIX
- 1D
- 0.46%
- 1M
- 7.13%
- YTD
- 20.44%
- 6M
- 27.27%
- 1Y
- 30.89%
- 3Y*
- 13.89%
- 5Y*
- 13.85%
- 10Y*
- 8.18%
BRCAX
- 1D
- 0.84%
- 1M
- 11.88%
- YTD
- 27.94%
- 6M
- 36.77%
- 1Y
- 42.90%
- 3Y*
- 16.42%
- 5Y*
- 13.17%
- 10Y*
- 8.46%
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MCSIX vs. BRCAX - Expense Ratio Comparison
MCSIX has a 0.90% expense ratio, which is lower than BRCAX's 1.40% expense ratio.
Return for Risk
MCSIX vs. BRCAX — Risk / Return Rank
MCSIX
BRCAX
MCSIX vs. BRCAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Commodity Strategy Fund (MCSIX) and Invesco Balanced-Risk Commodity Strategy Fund Class A (BRCAX). 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.
| MCSIX | BRCAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.90 | 2.58 | -0.68 |
Sortino ratioReturn per unit of downside risk | 2.41 | 3.11 | -0.69 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.48 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 3.27 | 4.74 | -1.47 |
Martin ratioReturn relative to average drawdown | 9.88 | 15.98 | -6.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MCSIX | BRCAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.90 | 2.58 | -0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.85 | -0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 0.60 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.16 | -0.05 |
Correlation
The correlation between MCSIX and BRCAX is 0.86, 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
MCSIX vs. BRCAX - Dividend Comparison
MCSIX's dividend yield for the trailing twelve months is around 13.32%, more than BRCAX's 10.95% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCSIX MFS Commodity Strategy Fund | 13.32% | 16.04% | 3.30% | 2.21% | 27.42% | 56.01% | 0.88% | 1.87% | 3.50% | 3.14% | 0.61% | 0.47% |
BRCAX Invesco Balanced-Risk Commodity Strategy Fund Class A | 10.95% | 14.02% | 4.85% | 3.80% | 9.98% | 16.92% | 0.00% | 0.89% | 0.17% | 0.00% | 2.58% | 0.00% |
Drawdowns
MCSIX vs. BRCAX - Drawdown Comparison
The maximum MCSIX drawdown since its inception was -64.20%, which is greater than BRCAX's maximum drawdown of -60.98%. Use the drawdown chart below to compare losses from any high point for MCSIX and BRCAX.
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Drawdown Indicators
| MCSIX | BRCAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.20% | -60.98% | -3.22% |
Max Drawdown (1Y)Largest decline over 1 year | -9.74% | -9.22% | -0.52% |
Max Drawdown (5Y)Largest decline over 5 years | -37.61% | -20.66% | -16.95% |
Max Drawdown (10Y)Largest decline over 10 years | -37.61% | -38.44% | +0.83% |
Current DrawdownCurrent decline from peak | -1.58% | -0.12% | -1.46% |
Average DrawdownAverage peak-to-trough decline | -33.63% | -28.81% | -4.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 2.74% | +0.49% |
Volatility
MCSIX vs. BRCAX - Volatility Comparison
The current volatility for MFS Commodity Strategy Fund (MCSIX) is 6.29%, while Invesco Balanced-Risk Commodity Strategy Fund Class A (BRCAX) has a volatility of 7.20%. This indicates that MCSIX experiences smaller price fluctuations and is considered to be less risky than BRCAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MCSIX | BRCAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.29% | 7.20% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 13.48% | 14.88% | -1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.72% | 17.16% | -0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.64% | 15.64% | +19.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.03% | 14.27% | +11.76% |