MEDIX vs. ICLO
Compare and contrast key facts about MFS Emerging Markets Debt Fund (MEDIX) and Invesco Aaa Clo Floating Rate Note ETF (ICLO).
MEDIX is managed by MFS. It was launched on Mar 17, 1998. ICLO is an actively managed fund by Invesco. It was launched on Dec 9, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MEDIX or ICLO.
Correlation
The correlation between MEDIX and ICLO is 0.05, 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
MEDIX vs. ICLO - Performance Comparison
Key characteristics
MEDIX:
2.15
ICLO:
5.67
MEDIX:
3.32
ICLO:
8.75
MEDIX:
1.41
ICLO:
3.20
MEDIX:
1.05
ICLO:
11.06
MEDIX:
8.32
ICLO:
89.23
MEDIX:
1.23%
ICLO:
0.08%
MEDIX:
4.75%
ICLO:
1.22%
MEDIX:
-29.04%
ICLO:
-0.83%
MEDIX:
-0.79%
ICLO:
0.00%
Returns By Period
In the year-to-date period, MEDIX achieves a 1.36% return, which is significantly higher than ICLO's 0.81% return.
MEDIX
1.36%
1.45%
2.10%
9.87%
0.98%
3.31%
ICLO
0.81%
0.57%
3.25%
6.78%
N/A
N/A
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MEDIX vs. ICLO - Expense Ratio Comparison
MEDIX has a 0.81% expense ratio, which is higher than ICLO's 0.26% expense ratio.
Risk-Adjusted Performance
MEDIX vs. ICLO — Risk-Adjusted Performance Rank
MEDIX
ICLO
MEDIX vs. ICLO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Emerging Markets Debt Fund (MEDIX) and Invesco Aaa Clo Floating Rate Note ETF (ICLO). 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
MEDIX vs. ICLO - Dividend Comparison
MEDIX's dividend yield for the trailing twelve months is around 6.77%, more than ICLO's 6.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEDIX MFS Emerging Markets Debt Fund | 6.77% | 6.84% | 5.82% | 6.82% | 4.33% | 4.07% | 4.60% | 4.89% | 4.46% | 4.87% | 4.85% | 4.82% |
ICLO Invesco Aaa Clo Floating Rate Note ETF | 6.41% | 6.51% | 7.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MEDIX vs. ICLO - Drawdown Comparison
The maximum MEDIX drawdown since its inception was -29.04%, which is greater than ICLO's maximum drawdown of -0.83%. Use the drawdown chart below to compare losses from any high point for MEDIX and ICLO. For additional features, visit the drawdowns tool.
Volatility
MEDIX vs. ICLO - Volatility Comparison
MFS Emerging Markets Debt Fund (MEDIX) has a higher volatility of 1.19% compared to Invesco Aaa Clo Floating Rate Note ETF (ICLO) at 0.23%. This indicates that MEDIX's price experiences larger fluctuations and is considered to be riskier than ICLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.