MEIKX vs. SPY
Compare and contrast key facts about MFS Value Fund (MEIKX) and SPDR S&P 500 ETF (SPY).
MEIKX is managed by MFS. It was launched on May 1, 2006. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MEIKX or SPY.
Correlation
The correlation between MEIKX and SPY 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
MEIKX vs. SPY - Performance Comparison
Key characteristics
MEIKX:
-0.06
SPY:
0.30
MEIKX:
0.03
SPY:
0.56
MEIKX:
1.00
SPY:
1.08
MEIKX:
-0.05
SPY:
0.31
MEIKX:
-0.14
SPY:
1.40
MEIKX:
6.68%
SPY:
4.18%
MEIKX:
16.35%
SPY:
19.64%
MEIKX:
-36.68%
SPY:
-55.19%
MEIKX:
-14.47%
SPY:
-13.86%
Returns By Period
In the year-to-date period, MEIKX achieves a -1.97% return, which is significantly higher than SPY's -9.91% return. Over the past 10 years, MEIKX has underperformed SPY with an annualized return of 5.38%, while SPY has yielded a comparatively higher 11.51% annualized return.
MEIKX
-1.97%
-4.59%
-12.99%
-1.79%
7.98%
5.38%
SPY
-9.91%
-6.66%
-9.38%
7.66%
15.77%
11.51%
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MEIKX vs. SPY - Expense Ratio Comparison
MEIKX has a 0.43% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
MEIKX vs. SPY — Risk-Adjusted Performance Rank
MEIKX
SPY
MEIKX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Value Fund (MEIKX) and SPDR S&P 500 ETF (SPY). 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
MEIKX vs. SPY - Dividend Comparison
MEIKX's dividend yield for the trailing twelve months is around 2.09%, more than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEIKX MFS Value Fund | 2.09% | 1.99% | 1.90% | 2.10% | 1.47% | 1.71% | 2.04% | 2.23% | 1.69% | 2.12% | 6.72% | 5.53% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MEIKX vs. SPY - Drawdown Comparison
The maximum MEIKX drawdown since its inception was -36.68%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MEIKX and SPY. For additional features, visit the drawdowns tool.
Volatility
MEIKX vs. SPY - Volatility Comparison
The current volatility for MFS Value Fund (MEIKX) is 10.48%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that MEIKX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.