MEIAX vs. MALVX
MEIAX (MFS Value Fund) and MALVX (BlackRock Advantage Large Cap Value Fund) are both Large Cap Value Equities funds. Over the past 10 years, MEIAX returned 9.88%/yr vs 12.91%/yr for MALVX. Their correlation of 0.92 suggests significant overlap in exposure. MEIAX charges 0.80%/yr vs 0.54%/yr for MALVX.
Performance
MEIAX vs. MALVX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MEIAX achieves a 6.36% return, which is significantly lower than MALVX's 18.54% return. Over the past 10 years, MEIAX has underperformed MALVX with an annualized return of 9.88%, while MALVX has yielded a comparatively higher 12.91% annualized return.
MEIAX
- 1D
- -0.26%
- 1M
- 1.30%
- YTD
- 6.36%
- 6M
- 5.64%
- 1Y
- 15.73%
- 3Y*
- 12.65%
- 5Y*
- 8.76%
- 10Y*
- 9.88%
MALVX
- 1D
- 0.70%
- 1M
- 3.76%
- YTD
- 18.54%
- 6M
- 18.00%
- 1Y
- 36.37%
- 3Y*
- 20.62%
- 5Y*
- 13.20%
- 10Y*
- 12.91%
MEIAX vs. MALVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MEIAX MFS Value Fund | 6.36% | 12.97% | 11.60% | 7.92% | -6.25% | 25.11% | 3.71% | 29.73% | -10.11% | 16.97% |
MALVX BlackRock Advantage Large Cap Value Fund | 18.54% | 18.38% | 15.39% | 13.74% | -8.68% | 26.51% | 3.91% | 24.74% | -7.74% | 15.82% |
Correlation
The correlation between MEIAX and MALVX is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Dec 22, 1999 | 0.92 |
The correlation between MEIAX and MALVX shifts across timeframes, from 0.84 (1 year) to 0.94 (10 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MEIAX vs. MALVX — Risk / Return Rank
MEIAX
MALVX
MEIAX vs. MALVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Value Fund (MEIAX) and BlackRock Advantage Large Cap Value Fund (MALVX). 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.
| MEIAX | MALVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.80 | ||
| Sortino ratioReturn per unit of downside risk | -2.41 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.60 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 2.34 | 5.61 | -3.27 |
| Martin ratioReturn relative to average drawdown | 8.04 | 25.40 | -17.36 |
Loading charts...
Drawdowns
MEIAX vs. MALVX - Drawdown Comparison
The maximum MEIAX drawdown since its inception was -52.85%, roughly equal to the maximum MALVX drawdown of -55.21%. Use the drawdown chart below to compare losses from any high point for MEIAX and MALVX.
Loading charts...
Drawdown Indicators
| MEIAX | MALVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.85% | -55.21% | +2.36% |
Max Drawdown (1Y)Largest decline over 1 year | -6.78% | -6.53% | -0.25% |
Max Drawdown (3Y)Largest decline over 3 years | -13.26% | -16.13% | +2.87% |
Max Drawdown (5Y)Largest decline over 5 years | -17.72% | -19.73% | +2.01% |
Max Drawdown (10Y)Largest decline over 10 years | -36.71% | -37.12% | +0.41% |
Current DrawdownCurrent decline from peak | -1.42% | -0.46% | -0.96% |
Average DrawdownAverage peak-to-trough decline | -6.53% | -8.74% | +2.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 1.44% | +0.53% |
Volatility
MEIAX vs. MALVX - Volatility Comparison
The current volatility for MFS Value Fund (MEIAX) is 3.21%, while BlackRock Advantage Large Cap Value Fund (MALVX) has a volatility of 4.15%. This indicates that MEIAX experiences smaller price fluctuations and is considered to be less risky than MALVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MEIAX | MALVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.21% | 4.15% | -0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 7.89% | 8.79% | -0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.65% | 11.12% | -0.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.94% | 14.83% | -0.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.56% | 17.33% | -0.77% |
MEIAX vs. MALVX - Expense Ratio Comparison
MEIAX has a 0.80% expense ratio, which is higher than MALVX's 0.54% expense ratio.
Dividends
MEIAX vs. MALVX - Dividend Comparison
MEIAX's dividend yield for the trailing twelve months is around 8.96%, more than MALVX's 7.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MALVX BlackRock Advantage Large Cap Value Fund | 7.78% | 9.23% | 14.33% | 2.84% | 5.96% | 17.48% | 1.68% | 3.92% | 12.95% | 0.43% | 1.38% | 1.01% |
MEIAX MFS Value Fund | 8.96% | 9.34% | 9.10% | 8.21% | 7.36% | 3.10% | 2.42% | 2.97% | 3.36% | 3.87% | 2.84% | 5.73% |
Frequently Asked Questions
MEIAX and MALVX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MALVX has higher volatility (4.15%) compared to MEIAX (3.21%). In terms of maximum drawdown, MEIAX dropped -52.85% vs MALVX's -55.21%.
MALVX currently has the higher Sharpe Ratio (3.29 vs 1.49), 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.
Find the right allocation for MEIAX and MALVX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer