MEIKX vs. WFSPX
Compare and contrast key facts about MFS Value Fund (MEIKX) and iShares S&P 500 Index Fund (WFSPX).
MEIKX is managed by MFS. It was launched on May 1, 2006. WFSPX is managed by Blackrock. It was launched on Jul 30, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MEIKX or WFSPX.
Key characteristics
| MEIKX | WFSPX | |
|---|---|---|
| YTD Return | 18.77% | 27.15% |
| 1Y Return | 29.23% | 37.62% |
| 3Y Return (Ann) | 7.20% | 9.95% |
| 5Y Return (Ann) | 10.58% | 15.75% |
| 10Y Return (Ann) | 9.99% | 13.14% |
| Sharpe Ratio | 3.13 | 3.22 |
| Sortino Ratio | 4.39 | 4.27 |
| Omega Ratio | 1.58 | 1.61 |
| Calmar Ratio | 4.38 | 4.71 |
| Martin Ratio | 18.53 | 21.31 |
| Ulcer Index | 1.65% | 1.87% |
| Daily Std Dev | 9.73% | 12.29% |
| Max Drawdown | -36.68% | -89.72% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between MEIKX and WFSPX is 0.89, 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. WFSPX - Performance Comparison
In the year-to-date period, MEIKX achieves a 18.77% return, which is significantly lower than WFSPX's 27.15% return. Over the past 10 years, MEIKX has underperformed WFSPX with an annualized return of 9.99%, while WFSPX has yielded a comparatively higher 13.14% annualized 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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MEIKX vs. WFSPX - Expense Ratio Comparison
MEIKX has a 0.43% expense ratio, which is higher than WFSPX's 0.03% expense ratio.
Risk-Adjusted Performance
MEIKX vs. WFSPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Value Fund (MEIKX) and iShares S&P 500 Index Fund (WFSPX). 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. WFSPX - Dividend Comparison
MEIKX's dividend yield for the trailing twelve months is around 1.72%, more than WFSPX's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEIKX MFS Value Fund | 1.72% | 1.90% | 2.10% | 1.47% | 1.71% | 2.04% | 2.23% | 1.69% | 2.12% | 6.72% | 5.53% | 4.06% |
WFSPX iShares S&P 500 Index Fund | 1.20% | 1.44% | 1.69% | 1.25% | 1.55% | 1.99% | 2.03% | 1.74% | 2.07% | 1.95% | 1.84% | 1.70% |
Drawdowns
MEIKX vs. WFSPX - Drawdown Comparison
The maximum MEIKX drawdown since its inception was -36.68%, smaller than the maximum WFSPX drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for MEIKX and WFSPX. For additional features, visit the drawdowns tool.
Volatility
MEIKX vs. WFSPX - Volatility Comparison
The current volatility for MFS Value Fund (MEIKX) is 3.39%, while iShares S&P 500 Index Fund (WFSPX) has a volatility of 3.88%. This indicates that MEIKX experiences smaller price fluctuations and is considered to be less risky than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.