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MEIAX vs. ATFV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

MEIAX vs. ATFV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Value Fund (MEIAX) and Alger 35 ETF (ATFV). The values are adjusted to include any dividend payments, if applicable.

-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
10.13%
18.20%
MEIAX
ATFV

Returns By Period

In the year-to-date period, MEIAX achieves a 17.95% return, which is significantly lower than ATFV's 45.42% return.


MEIAX

YTD

17.95%

1M

1.89%

6M

10.13%

1Y

24.32%

5Y (annualized)

9.92%

10Y (annualized)

9.38%

ATFV

YTD

45.42%

1M

9.87%

6M

18.19%

1Y

57.05%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


MEIAXATFV
Sharpe Ratio2.492.65
Sortino Ratio3.523.29
Omega Ratio1.451.43
Calmar Ratio4.551.81
Martin Ratio14.4814.72
Ulcer Index1.68%3.87%
Daily Std Dev9.79%21.53%
Max Drawdown-52.28%-45.34%
Current Drawdown-0.40%0.00%

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MEIAX vs. ATFV - Expense Ratio Comparison

MEIAX has a 0.80% expense ratio, which is higher than ATFV's 0.55% expense ratio.


MEIAX
MFS Value Fund
Expense ratio chart for MEIAX: current value at 0.80% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.80%
Expense ratio chart for ATFV: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%

Correlation

-0.50.00.51.00.6

The correlation between MEIAX and ATFV is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

MEIAX vs. ATFV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Value Fund (MEIAX) and Alger 35 ETF (ATFV). 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.


Sharpe ratio
The chart of Sharpe ratio for MEIAX, currently valued at 2.48, compared to the broader market-1.000.001.002.003.004.005.002.492.65
The chart of Sortino ratio for MEIAX, currently valued at 3.52, compared to the broader market0.005.0010.003.523.29
The chart of Omega ratio for MEIAX, currently valued at 1.45, compared to the broader market1.002.003.004.001.451.43
The chart of Calmar ratio for MEIAX, currently valued at 4.55, compared to the broader market0.005.0010.0015.0020.004.551.81
The chart of Martin ratio for MEIAX, currently valued at 14.48, compared to the broader market0.0020.0040.0060.0080.00100.0014.4814.72
MEIAX
ATFV

The current MEIAX Sharpe Ratio is 2.49, which is comparable to the ATFV Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of MEIAX and ATFV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.49
2.65
MEIAX
ATFV

Dividends

MEIAX vs. ATFV - Dividend Comparison

MEIAX's dividend yield for the trailing twelve months is around 1.40%, more than ATFV's 0.01% yield.


TTM20232022202120202019201820172016201520142013
MEIAX
MFS Value Fund
1.40%1.54%1.69%1.15%1.39%1.72%1.84%1.32%1.78%6.23%5.09%3.66%
ATFV
Alger 35 ETF
0.01%0.01%0.05%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

MEIAX vs. ATFV - Drawdown Comparison

The maximum MEIAX drawdown since its inception was -52.28%, which is greater than ATFV's maximum drawdown of -45.34%. Use the drawdown chart below to compare losses from any high point for MEIAX and ATFV. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.40%
0
MEIAX
ATFV

Volatility

MEIAX vs. ATFV - Volatility Comparison

The current volatility for MFS Value Fund (MEIAX) is 3.56%, while Alger 35 ETF (ATFV) has a volatility of 6.01%. This indicates that MEIAX experiences smaller price fluctuations and is considered to be less risky than ATFV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.56%
6.01%
MEIAX
ATFV