MEIIX vs. SPYV
Compare and contrast key facts about MFS Value Fund Class I (MEIIX) and SPDR Portfolio S&P 500 Value ETF (SPYV).
MEIIX is managed by MFS. It was launched on Feb 1, 1996. SPYV is a passively managed fund by State Street that tracks the performance of the S&P 500 Value. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MEIIX or SPYV.
Correlation
The correlation between MEIIX and SPYV is 0.88, 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
MEIIX vs. SPYV - Performance Comparison
Key characteristics
MEIIX:
0.48
SPYV:
1.31
MEIIX:
0.67
SPYV:
1.89
MEIIX:
1.10
SPYV:
1.23
MEIIX:
0.44
SPYV:
1.64
MEIIX:
1.21
SPYV:
4.67
MEIIX:
4.97%
SPYV:
2.87%
MEIIX:
12.56%
SPYV:
10.21%
MEIIX:
-52.01%
SPYV:
-58.45%
MEIIX:
-8.87%
SPYV:
-4.08%
Returns By Period
In the year-to-date period, MEIIX achieves a 4.41% return, which is significantly higher than SPYV's 2.97% return. Over the past 10 years, MEIIX has underperformed SPYV with an annualized return of 5.96%, while SPYV has yielded a comparatively higher 10.13% annualized return.
MEIIX
4.41%
1.17%
-4.27%
4.76%
4.20%
5.96%
SPYV
2.97%
0.65%
2.85%
12.14%
11.05%
10.13%
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MEIIX vs. SPYV - Expense Ratio Comparison
MEIIX has a 0.55% expense ratio, which is higher than SPYV's 0.04% expense ratio.
Risk-Adjusted Performance
MEIIX vs. SPYV — Risk-Adjusted Performance Rank
MEIIX
SPYV
MEIIX vs. SPYV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Value Fund Class I (MEIIX) and SPDR Portfolio S&P 500 Value ETF (SPYV). 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
MEIIX vs. SPYV - Dividend Comparison
MEIIX's dividend yield for the trailing twelve months is around 1.78%, less than SPYV's 2.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEIIX MFS Value Fund Class I | 1.78% | 1.86% | 1.78% | 1.95% | 1.37% | 1.60% | 1.93% | 2.10% | 1.58% | 2.01% | 6.53% | 5.38% |
SPYV SPDR Portfolio S&P 500 Value ETF | 2.22% | 2.29% | 1.75% | 2.23% | 2.10% | 2.38% | 2.25% | 2.97% | 2.77% | 2.39% | 2.53% | 2.19% |
Drawdowns
MEIIX vs. SPYV - Drawdown Comparison
The maximum MEIIX drawdown since its inception was -52.01%, smaller than the maximum SPYV drawdown of -58.45%. Use the drawdown chart below to compare losses from any high point for MEIIX and SPYV. For additional features, visit the drawdowns tool.
Volatility
MEIIX vs. SPYV - Volatility Comparison
MFS Value Fund Class I (MEIIX) has a higher volatility of 2.96% compared to SPDR Portfolio S&P 500 Value ETF (SPYV) at 2.47%. This indicates that MEIIX's price experiences larger fluctuations and is considered to be riskier than SPYV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.