MCSIX vs. VTIVX
Compare and contrast key facts about MFS Commodity Strategy Fund (MCSIX) and Vanguard Target Retirement 2045 Fund (VTIVX).
MCSIX is managed by MFS. It was launched on Jun 1, 2010. VTIVX is managed by Vanguard. It was launched on Oct 27, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MCSIX or VTIVX.
Key characteristics
| MCSIX | VTIVX | |
|---|---|---|
| YTD Return | 2.29% | 12.72% |
| 1Y Return | -2.44% | 21.06% |
| 3Y Return (Ann) | 3.32% | 4.63% |
| 5Y Return (Ann) | 7.26% | 10.06% |
| 10Y Return (Ann) | 0.08% | 8.48% |
| Sharpe Ratio | -0.21 | 1.98 |
| Daily Std Dev | 11.39% | 10.53% |
| Max Drawdown | -62.05% | -51.69% |
| Current Drawdown | -26.47% | -0.43% |
Correlation
The correlation between MCSIX and VTIVX 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.
Performance
MCSIX vs. VTIVX - Performance Comparison
In the year-to-date period, MCSIX achieves a 2.29% return, which is significantly lower than VTIVX's 12.72% return. Over the past 10 years, MCSIX has underperformed VTIVX with an annualized return of 0.08%, while VTIVX has yielded a comparatively higher 8.48% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MCSIX vs. VTIVX - Expense Ratio Comparison
MCSIX has a 0.90% expense ratio, which is higher than VTIVX's 0.08% expense ratio.
Risk-Adjusted Performance
MCSIX vs. VTIVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Commodity Strategy Fund (MCSIX) and Vanguard Target Retirement 2045 Fund (VTIVX). 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.
Dividends
MCSIX vs. VTIVX - Dividend Comparison
MCSIX's dividend yield for the trailing twelve months is around 2.16%, more than VTIVX's 2.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCSIX MFS Commodity Strategy Fund | 2.16% | 2.21% | 27.42% | 56.01% | 0.88% | 1.87% | 3.50% | 3.14% | 0.61% | 0.47% | 0.25% | 0.57% |
VTIVX Vanguard Target Retirement 2045 Fund | 2.02% | 2.28% | 2.75% | 15.40% | 1.90% | 2.23% | 2.52% | 1.95% | 2.47% | 3.29% | 2.07% | 1.88% |
Drawdowns
MCSIX vs. VTIVX - Drawdown Comparison
The maximum MCSIX drawdown since its inception was -62.05%, which is greater than VTIVX's maximum drawdown of -51.69%. Use the drawdown chart below to compare losses from any high point for MCSIX and VTIVX. For additional features, visit the drawdowns tool.
Volatility
MCSIX vs. VTIVX - Volatility Comparison
MFS Commodity Strategy Fund (MCSIX) has a higher volatility of 3.92% compared to Vanguard Target Retirement 2045 Fund (VTIVX) at 3.21%. This indicates that MCSIX's price experiences larger fluctuations and is considered to be riskier than VTIVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.