PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
MCSIX vs. FNWFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MCSIX and FNWFX is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

MCSIX vs. FNWFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Commodity Strategy Fund (MCSIX) and American Funds New World Fund Class F-3 (FNWFX). The values are adjusted to include any dividend payments, if applicable.

20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
34.10%
75.10%
MCSIX
FNWFX

Key characteristics

Sharpe Ratio

MCSIX:

0.22

FNWFX:

0.48

Sortino Ratio

MCSIX:

0.38

FNWFX:

0.71

Omega Ratio

MCSIX:

1.04

FNWFX:

1.10

Calmar Ratio

MCSIX:

0.08

FNWFX:

0.35

Martin Ratio

MCSIX:

0.60

FNWFX:

2.05

Ulcer Index

MCSIX:

4.05%

FNWFX:

2.84%

Daily Std Dev

MCSIX:

11.05%

FNWFX:

12.17%

Max Drawdown

MCSIX:

-62.05%

FNWFX:

-33.40%

Current Drawdown

MCSIX:

-26.38%

FNWFX:

-11.49%

Returns By Period

In the year-to-date period, MCSIX achieves a 2.42% return, which is significantly lower than FNWFX's 3.29% return.


MCSIX

YTD

2.42%

1M

-1.54%

6M

-2.07%

1Y

2.42%

5Y*

6.94%

10Y*

1.23%

FNWFX

YTD

3.29%

1M

-4.56%

6M

-3.91%

1Y

4.59%

5Y*

4.43%

10Y*

N/A

Compare stocks, funds, or ETFs

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


MCSIX vs. FNWFX - Expense Ratio Comparison

MCSIX has a 0.90% expense ratio, which is higher than FNWFX's 0.57% expense ratio.


MCSIX
MFS Commodity Strategy Fund
Expense ratio chart for MCSIX: current value at 0.90% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.90%
Expense ratio chart for FNWFX: current value at 0.57% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.57%

Risk-Adjusted Performance

MCSIX vs. FNWFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Commodity Strategy Fund (MCSIX) and American Funds New World Fund Class F-3 (FNWFX). 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.


Sharpe ratio
The chart of Sharpe ratio for MCSIX, currently valued at 0.22, compared to the broader market-1.000.001.002.003.004.000.220.48
The chart of Sortino ratio for MCSIX, currently valued at 0.38, compared to the broader market-2.000.002.004.006.008.0010.000.380.71
The chart of Omega ratio for MCSIX, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.003.501.041.10
The chart of Calmar ratio for MCSIX, currently valued at 0.09, compared to the broader market0.002.004.006.008.0010.0012.0014.000.090.35
The chart of Martin ratio for MCSIX, currently valued at 0.60, compared to the broader market0.0020.0040.0060.000.602.05
MCSIX
FNWFX

The current MCSIX Sharpe Ratio is 0.22, which is lower than the FNWFX Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of MCSIX and FNWFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.22
0.48
MCSIX
FNWFX

Dividends

MCSIX vs. FNWFX - Dividend Comparison

MCSIX's dividend yield for the trailing twelve months is around 3.38%, while FNWFX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
MCSIX
MFS Commodity Strategy Fund
3.38%2.21%27.42%56.01%0.87%1.88%3.49%3.13%0.62%0.47%0.25%0.57%
FNWFX
American Funds New World Fund Class F-3
0.00%1.66%1.34%0.86%0.43%1.43%1.46%1.32%0.00%0.00%0.00%0.00%

Drawdowns

MCSIX vs. FNWFX - Drawdown Comparison

The maximum MCSIX drawdown since its inception was -62.05%, which is greater than FNWFX's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for MCSIX and FNWFX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-22.44%
-11.49%
MCSIX
FNWFX

Volatility

MCSIX vs. FNWFX - Volatility Comparison

The current volatility for MFS Commodity Strategy Fund (MCSIX) is 2.69%, while American Funds New World Fund Class F-3 (FNWFX) has a volatility of 5.16%. This indicates that MCSIX experiences smaller price fluctuations and is considered to be less risky than FNWFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
2.69%
5.16%
MCSIX
FNWFX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab