MDIJX vs. BROIX
Compare and contrast key facts about MFS International Diversification Fund (MDIJX) and BlackRock Advantage International Fund (BROIX).
MDIJX is managed by MFS. It was launched on Sep 30, 2004. BROIX is managed by Blackrock. It was launched on Jan 31, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MDIJX or BROIX.
Key characteristics
| MDIJX | BROIX | |
|---|---|---|
| YTD Return | 11.89% | 12.16% |
| 1Y Return | 18.10% | 19.95% |
| 3Y Return (Ann) | 1.99% | 5.34% |
| 5Y Return (Ann) | 7.47% | 8.61% |
| 10Y Return (Ann) | 6.50% | 6.17% |
| Sharpe Ratio | 1.54 | 1.54 |
| Daily Std Dev | 11.35% | 12.72% |
| Max Drawdown | -54.94% | -54.49% |
| Current Drawdown | -0.52% | -1.29% |
Correlation
The correlation between MDIJX and BROIX is 0.91, 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.
Performance
MDIJX vs. BROIX - Performance Comparison
The year-to-date returns for both investments are quite close, with MDIJX having a 11.89% return and BROIX slightly higher at 12.16%. Over the past 10 years, MDIJX has outperformed BROIX with an annualized return of 6.50%, while BROIX has yielded a comparatively lower 6.17% 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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MDIJX vs. BROIX - Expense Ratio Comparison
MDIJX has a 0.82% expense ratio, which is higher than BROIX's 0.50% expense ratio.
Risk-Adjusted Performance
MDIJX vs. BROIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International Diversification Fund (MDIJX) and BlackRock Advantage International Fund (BROIX). 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
MDIJX vs. BROIX - Dividend Comparison
MDIJX's dividend yield for the trailing twelve months is around 3.70%, more than BROIX's 2.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDIJX MFS International Diversification Fund | 3.70% | 4.14% | 2.64% | 2.70% | 1.64% | 2.50% | 3.14% | 1.63% | 2.18% | 1.69% | 1.48% | 1.06% |
BROIX BlackRock Advantage International Fund | 2.84% | 2.71% | 3.37% | 8.52% | 1.72% | 2.67% | 2.69% | 0.72% | 2.09% | 0.79% | 1.79% | 0.00% |
Drawdowns
MDIJX vs. BROIX - Drawdown Comparison
The maximum MDIJX drawdown since its inception was -54.94%, roughly equal to the maximum BROIX drawdown of -54.49%. Use the drawdown chart below to compare losses from any high point for MDIJX and BROIX. For additional features, visit the drawdowns tool.
Volatility
MDIJX vs. BROIX - Volatility Comparison
The current volatility for MFS International Diversification Fund (MDIJX) is 3.26%, while BlackRock Advantage International Fund (BROIX) has a volatility of 4.13%. This indicates that MDIJX experiences smaller price fluctuations and is considered to be less risky than BROIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.