MEDIX vs. TEDNX
Compare and contrast key facts about MFS Emerging Markets Debt Fund (MEDIX) and TIAA-CREF Emerging Markets Debt Fund (TEDNX).
MEDIX is managed by MFS. It was launched on Mar 17, 1998. TEDNX is managed by TIAA Investments. It was launched on Sep 25, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MEDIX or TEDNX.
Correlation
The correlation between MEDIX and TEDNX is 0.87, 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
MEDIX vs. TEDNX - Performance Comparison
Key characteristics
MEDIX:
2.23
TEDNX:
3.26
MEDIX:
3.44
TEDNX:
5.07
MEDIX:
1.43
TEDNX:
1.68
MEDIX:
1.06
TEDNX:
1.61
MEDIX:
8.63
TEDNX:
14.19
MEDIX:
1.23%
TEDNX:
0.86%
MEDIX:
4.76%
TEDNX:
3.77%
MEDIX:
-29.04%
TEDNX:
-25.65%
MEDIX:
-0.54%
TEDNX:
0.00%
Returns By Period
In the year-to-date period, MEDIX achieves a 1.61% return, which is significantly lower than TEDNX's 2.35% return. Over the past 10 years, MEDIX has underperformed TEDNX with an annualized return of 3.33%, while TEDNX has yielded a comparatively higher 4.32% annualized return.
MEDIX
1.61%
1.78%
2.86%
9.96%
1.08%
3.33%
TEDNX
2.35%
1.99%
3.82%
11.71%
1.93%
4.32%
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MEDIX vs. TEDNX - Expense Ratio Comparison
MEDIX has a 0.81% expense ratio, which is higher than TEDNX's 0.62% expense ratio.
Risk-Adjusted Performance
MEDIX vs. TEDNX — Risk-Adjusted Performance Rank
MEDIX
TEDNX
MEDIX vs. TEDNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Emerging Markets Debt Fund (MEDIX) and TIAA-CREF Emerging Markets Debt Fund (TEDNX). 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. TEDNX - Dividend Comparison
MEDIX's dividend yield for the trailing twelve months is around 6.75%, more than TEDNX's 6.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEDIX MFS Emerging Markets Debt Fund | 6.75% | 6.84% | 5.82% | 6.82% | 4.33% | 4.07% | 4.60% | 4.89% | 4.46% | 4.87% | 4.85% | 4.82% |
TEDNX TIAA-CREF Emerging Markets Debt Fund | 6.44% | 6.59% | 5.03% | 6.15% | 4.81% | 4.27% | 5.29% | 5.59% | 5.64% | 5.34% | 5.18% | 0.56% |
Drawdowns
MEDIX vs. TEDNX - Drawdown Comparison
The maximum MEDIX drawdown since its inception was -29.04%, which is greater than TEDNX's maximum drawdown of -25.65%. Use the drawdown chart below to compare losses from any high point for MEDIX and TEDNX. For additional features, visit the drawdowns tool.
Volatility
MEDIX vs. TEDNX - Volatility Comparison
MFS Emerging Markets Debt Fund (MEDIX) has a higher volatility of 1.14% compared to TIAA-CREF Emerging Markets Debt Fund (TEDNX) at 0.81%. This indicates that MEDIX's price experiences larger fluctuations and is considered to be riskier than TEDNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.