MDIDX vs. MINIX

Last updated Jun 4, 2026

MDIDX (MFS International Diversification Fund Class A) and MINIX (MFS International Intrinsic Value Fund Class I) are both mutual funds - MDIDX is a Foreign Large Cap Equities fund actively managed by MFS, while MINIX is a Large Cap Growth Equities fund managed by MFS. Over the past 10 years, MDIDX returned 9.63%/yr vs 10.33%/yr for MINIX. With a 0.96 correlation, they move nearly in lockstep. MDIDX charges 1.08%/yr vs 0.72%/yr for MINIX.

Performance

MDIDX vs. MINIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS International Diversification Fund Class A (MDIDX) and MFS International Intrinsic Value Fund Class I (MINIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MDIDX achieves a 10.14% return, which is significantly higher than MINIX's 7.26% return. Over the past 10 years, MDIDX has underperformed MINIX with an annualized return of 9.63%, while MINIX has yielded a comparatively higher 10.33% annualized return.

MDIDX

• 1D: 0.63%
• 1M: 4.50%
• YTD: 10.14%
• 6M: 12.13%
• 1Y: 22.58%
• 3Y*: 16.04%
• 5Y*: 6.95%
• 10Y*: 9.63%

MINIX

• 1D: 0.63%
• 1M: 3.72%
• YTD: 7.26%
• 6M: 9.26%
• 1Y: 21.11%
• 3Y*: 17.64%
• 5Y*: 8.16%
• 10Y*: 10.33%

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

MDIDX vs. MINIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MDIDX MFS International Diversification Fund Class A	10.14%	27.58%	6.12%	14.05%	-17.31%	7.42%	14.99%	25.68%	-11.25%	29.94%
MINIX MFS International Intrinsic Value Fund Class I	7.26%	33.06%	7.35%	18.04%	-23.05%	10.55%	20.45%	25.90%	-9.02%	27.14%

Correlation

The correlation between MDIDX and MINIX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Oct 1, 2004	0.96

The correlation between MDIDX and MINIX has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

MDIDX vs. MINIX — Risk / Return Rank

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

MDIDX

MDIDX Risk / Return Rank: 34
MDIDX Sharpe Ratio Rank: 37
MDIDX Sortino Ratio Rank: 36
MDIDX Omega Ratio Rank: 37
MDIDX Calmar Ratio Rank: 27
MDIDX Martin Ratio Rank: 32

MINIX

MINIX Risk / Return Rank: 24
MINIX Sharpe Ratio Rank: 27
MINIX Sortino Ratio Rank: 26
MINIX Omega Ratio Rank: 25
MINIX Calmar Ratio Rank: 20
MINIX Martin Ratio Rank: 24

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.

MDIDX vs. MINIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS International Diversification Fund Class A (MDIDX) and MFS International Intrinsic Value Fund Class I (MINIX). 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.

	MDIDX	MINIX	Difference
Sharpe ratio: Return per unit of total volatility	1.77	1.48	+0.29
Sortino ratio: Return per unit of downside risk	2.51	2.13	+0.38
Omega ratio: Gain probability vs. loss probability	1.33	1.26	+0.07
Calmar ratio: Return relative to maximum drawdown	1.94	1.65	+0.29
Martin ratio: Return relative to average drawdown	7.32	5.95	+1.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MDIDX vs. MINIX - Sharpe Ratio Comparison

The current MDIDX Sharpe Ratio is 1.77, which is comparable to the MINIX Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of MDIDX and MINIX, 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

	MDIDX	MINIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.77	1.48	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.49	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	0.66	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.57	-0.11

Drawdowns

MDIDX vs. MINIX - Drawdown Comparison

The maximum MDIDX drawdown since its inception was -56.80%, which is greater than MINIX's maximum drawdown of -51.72%. Use the drawdown chart below to compare losses from any high point for MDIDX and MINIX.

Drawdown Indicators

	MDIDX	MINIX	Difference
Max Drawdown Largest peak-to-trough decline	-56.80%	-51.72%	-5.08%
Max Drawdown (1Y) Largest decline over 1 year	-11.41%	-12.42%	+1.01%
Max Drawdown (3Y) Largest decline over 3 years	-12.60%	-13.59%	+0.99%
Max Drawdown (5Y) Largest decline over 5 years	-30.40%	-36.78%	+6.38%
Max Drawdown (10Y) Largest decline over 10 years	-30.40%	-36.78%	+6.38%
Current Drawdown Current decline from peak	0.00%	-2.31%	+2.31%
Average Drawdown Average peak-to-trough decline	-9.35%	-8.61%	-0.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	3.43%	-0.42%

Volatility

MDIDX vs. MINIX - Volatility Comparison

MFS International Diversification Fund Class A (MDIDX) and MFS International Intrinsic Value Fund Class I (MINIX) have volatilities of 3.98% and 4.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MDIDX	MINIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.98%	4.06%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	10.16%	10.98%	-0.82%
Volatility (1Y) Calculated over the trailing 1-year period	12.50%	13.87%	-1.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.23%	16.62%	-2.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.71%	15.62%	-0.91%

MDIDX vs. MINIX - Expense Ratio Comparison

MDIDX has a 1.08% expense ratio, which is higher than MINIX's 0.72% expense ratio.

Dividends

MDIDX vs. MINIX - Dividend Comparison

MDIDX's dividend yield for the trailing twelve months is around 4.53%, less than MINIX's 7.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MDIDX MFS International Diversification Fund Class A	4.53%	4.99%	3.27%	3.94%	2.41%	2.47%	1.45%	2.30%	2.89%	1.42%	1.94%	1.60%
MINIX MFS International Intrinsic Value Fund Class I	7.24%	7.77%	12.02%	11.21%	13.90%	7.25%	5.25%	3.94%	4.49%	2.62%	1.82%	3.20%

Frequently Asked Questions

Can I hold both MDIDX and MINIX in my portfolio?

With a correlation of 0.95, MDIDX and MINIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, MDIDX or MINIX?

MINIX has higher volatility (4.06%) compared to MDIDX (3.98%). In terms of maximum drawdown, MDIDX dropped -56.80% vs MINIX's -51.72%.

Which has better risk-adjusted returns?

MDIDX currently has the higher Sharpe Ratio (1.77 vs 1.48), 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.