MDIZX vs. SIMYX

Last updated Aug 5, 2026

MDIZX (MFS International Diversification Fund R6) and SIMYX (SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, MDIZX returned 7.61%/yr vs 8.94%/yr for SIMYX. Their correlation of 0.80 means they have usually moved in the same direction. MDIZX charges 0.73%/yr vs 0.86%/yr for SIMYX.

Performance

MDIZX vs. SIMYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS International Diversification Fund R6 (MDIZX) and SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund (SIMYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with MDIZX having a 11.66% return and SIMYX slightly lower at 11.48%.

MDIZX

• 1D: 0.39%
• 1M: 2.14%
• 6M: 5.73%
• YTD: 11.66%
• 1Y: 21.72%
• 3Y*: 16.36%
• 5Y*: 7.61%
• 10Y*: —
• ALL TIME*: 8.78%

SIMYX

• 1D: 0.27%
• 1M: 3.96%
• 6M: 5.80%
• YTD: 11.48%
• 1Y: 19.78%
• 3Y*: 17.26%
• 5Y*: 8.94%
• 10Y*: —
• ALL TIME*: 7.69%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MDIZX MFS International Diversification Fund R6	$0.00	$0.00	$0.00
SIMYX SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund	$0.00	$0.00	$0.00

MDIZX vs. SIMYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MDIZX MFS International Diversification Fund R6	11.66%	27.99%	6.52%	14.48%	-17.04%	7.79%	15.45%	26.09%	-10.93%	3.71%
SIMYX SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund	11.48%	30.07%	6.26%	13.11%	-11.38%	7.83%	-1.33%	15.77%	-12.11%	2.32%

Correlation

The correlation between MDIZX and SIMYX is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.77
Correlation (3Y) Balances recent behavior with more history.	0.75
Correlation (5Y) Shows whether the relationship held over a longer period.	0.79
Correlation (All Time) Calculated using the full available price history since Oct 19, 2017	0.80

The correlation between MDIZX and SIMYX has been stable across timeframes, ranging from 0.75 to 0.80 - a consistent structural relationship.

Return for Risk

MDIZX vs. SIMYX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MDIZX

MDIZX Risk / Return Rank: 58
MDIZX Sharpe Ratio Rank: 65
MDIZX Sortino Ratio Rank: 62
MDIZX Omega Ratio Rank: 64
MDIZX Calmar Ratio Rank: 49
MDIZX Martin Ratio Rank: 51

SIMYX

SIMYX Risk / Return Rank: 71
SIMYX Sharpe Ratio Rank: 82
SIMYX Sortino Ratio Rank: 83
SIMYX Omega Ratio Rank: 78
SIMYX Calmar Ratio Rank: 67
SIMYX Martin Ratio Rank: 46

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MDIZX vs. SIMYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS International Diversification Fund R6 (MDIZX) and SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund (SIMYX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MDIZX	SIMYX	Difference
Sharpe ratio: Return per unit of total volatility	1.74	2.03	-0.29
Sortino ratio: Return per unit of downside risk	2.42	2.97	-0.55
Omega ratio: Gain probability vs. loss probability	1.32	1.37	-0.05
Calmar ratio: Return relative to maximum drawdown	2.06	2.44	-0.38
Martin ratio: Return relative to average drawdown	7.72	7.05	+0.67

MDIZX vs. SIMYX - Sharpe Ratio Comparison

The current MDIZX Sharpe Ratio is 1.74, which is comparable to the SIMYX Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of MDIZX and SIMYX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MDIZX vs. SIMYX - Drawdown Comparison

The maximum MDIZX drawdown since its inception was -30.09%, smaller than the maximum SIMYX drawdown of -32.14%. Use the drawdown chart below to compare losses from any high point for MDIZX and SIMYX.

Drawdown Indicators

	MDIZX	SIMYX	Difference
Max Drawdown Largest peak-to-trough decline	-30.09%	-32.14%	+2.05%
Max Drawdown (1Y) Largest decline over 1 year	-11.36%	-8.55%	-2.81%
Max Drawdown (3Y) Largest decline over 3 years	-12.59%	-9.47%	-3.12%
Max Drawdown (5Y) Largest decline over 5 years	-30.09%	-25.06%	-5.03%
Current Drawdown Current decline from peak	0.00%	-0.60%	+0.60%
Average Drawdown Average peak-to-trough decline	-6.60%	-6.05%	-0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.03%	2.96%	+0.07%

Volatility

MDIZX vs. SIMYX - Volatility Comparison

MFS International Diversification Fund R6 (MDIZX) has a higher volatility of 4.03% compared to SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund (SIMYX) at 2.77%. This indicates that MDIZX's price experiences larger fluctuations and is considered to be riskier than SIMYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MDIZX	SIMYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.03%	2.77%	+1.26%
Volatility (6M) Calculated over the trailing 6-month period	11.62%	8.69%	+2.93%
Volatility (1Y) Calculated over the trailing 1-year period	13.53%	10.33%	+3.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.42%	11.45%	+2.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.21%	12.20%	+3.01%

MDIZX vs. SIMYX - Expense Ratio Comparison

MDIZX has a 0.73% expense ratio, which is lower than SIMYX's 0.86% expense ratio.

Dividends

MDIZX vs. SIMYX - Dividend Comparison

MDIZX's dividend yield for the trailing twelve months is around 4.71%, more than SIMYX's 2.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MDIZX MFS International Diversification Fund R6	4.71%	5.26%	3.61%	4.24%	2.76%	2.79%	1.72%	2.57%	3.23%	1.66%
SIMYX SEI Institutional Managed Trust Tax-Managed International Managed Volatility Fund	2.81%	3.13%	5.26%	3.62%	3.13%	3.41%	1.96%	3.09%	3.01%	2.74%

Frequently Asked Questions

Can I hold both MDIZX and SIMYX in my portfolio?

MDIZX and SIMYX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MDIZX or SIMYX?

MDIZX has higher volatility (4.03%) compared to SIMYX (2.77%). In terms of maximum drawdown, MDIZX dropped -30.09% vs SIMYX's -32.14%.

Which has better risk-adjusted returns?

SIMYX currently has the higher Sharpe Ratio (2.03 vs 1.74), 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.