MEIAX vs. ATFV
Compare and contrast key facts about MFS Value Fund (MEIAX) and Alger 35 ETF (ATFV).
MEIAX is managed by MFS. It was launched on Jan 2, 1996. ATFV is a passively managed fund by Alger Group Holdings LLC that tracks the performance of the S&P 500. It was launched on May 4, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MEIAX or ATFV.
Key characteristics
| MEIAX | ATFV | |
|---|---|---|
| YTD Return | 14.78% | 22.92% |
| 1Y Return | 21.32% | 42.59% |
| 3Y Return (Ann) | 7.38% | -1.47% |
| Sharpe Ratio | 2.12 | 1.89 |
| Daily Std Dev | 10.14% | 22.52% |
| Max Drawdown | -52.28% | -45.34% |
| Current Drawdown | -0.70% | -8.29% |
Correlation
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.
Performance
MEIAX vs. ATFV - Performance Comparison
In the year-to-date period, MEIAX achieves a 14.78% return, which is significantly lower than ATFV's 22.92% 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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MEIAX vs. ATFV - Expense Ratio Comparison
MEIAX has a 0.80% expense ratio, which is higher than ATFV's 0.55% expense ratio.
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.
Dividends
MEIAX vs. ATFV - Dividend Comparison
MEIAX's dividend yield for the trailing twelve months is around 7.32%, more than ATFV's 0.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEIAX MFS Value Fund | 7.32% | 8.22% | 7.36% | 3.10% | 2.42% | 2.97% | 3.36% | 4.30% | 3.59% | 6.23% | 5.09% | 3.66% |
ATFV Alger 35 ETF | 0.01% | 0.01% | 0.06% | 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.
Volatility
MEIAX vs. ATFV - Volatility Comparison
The current volatility for MFS Value Fund (MEIAX) is 2.92%, while Alger 35 ETF (ATFV) has a volatility of 6.42%. 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.