Correlation
The correlation between MFBFX and MFIOX is 0.00, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
MFBFX vs. MFIOX
Compare and contrast key facts about MFS Corporate Bond Fund (MFBFX) and MFS Income Fund (MFIOX).
MFBFX is managed by MFS. It was launched on May 8, 1974. MFIOX is managed by MFS. It was launched on Oct 29, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MFBFX or MFIOX.
Performance
MFBFX vs. MFIOX - Performance Comparison
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Key characteristics
MFBFX:
1.07
MFIOX:
1.19
MFBFX:
1.54
MFIOX:
1.70
MFBFX:
1.18
MFIOX:
1.20
MFBFX:
0.48
MFIOX:
0.60
MFBFX:
2.85
MFIOX:
3.37
MFBFX:
2.03%
MFIOX:
1.74%
MFBFX:
5.54%
MFIOX:
5.13%
MFBFX:
-22.83%
MFIOX:
-41.67%
MFBFX:
-6.53%
MFIOX:
-3.95%
Returns By Period
In the year-to-date period, MFBFX achieves a 1.70% return, which is significantly lower than MFIOX's 1.83% return. Both investments have delivered pretty close results over the past 10 years, with MFBFX having a 2.48% annualized return and MFIOX not far behind at 2.44%.
MFBFX
1.70%
-0.33%
-0.12%
5.89%
2.67%
-0.04%
2.48%
MFIOX
1.83%
-0.68%
0.21%
6.04%
2.28%
0.83%
2.44%
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MFBFX vs. MFIOX - Expense Ratio Comparison
MFBFX has a 0.76% expense ratio, which is higher than MFIOX's 0.73% expense ratio.
Risk-Adjusted Performance
MFBFX vs. MFIOX — Risk-Adjusted Performance Rank
MFBFX
MFIOX
MFBFX vs. MFIOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Corporate Bond Fund (MFBFX) and MFS Income Fund (MFIOX). 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.
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Dividends
MFBFX vs. MFIOX - Dividend Comparison
MFBFX's dividend yield for the trailing twelve months is around 4.53%, less than MFIOX's 5.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFBFX MFS Corporate Bond Fund | 4.53% | 4.48% | 3.83% | 3.28% | 5.61% | 3.46% | 3.00% | 3.15% | 3.07% | 3.27% | 3.87% | 3.61% |
MFIOX MFS Income Fund | 5.05% | 5.04% | 4.72% | 2.97% | 3.29% | 2.83% | 3.05% | 3.07% | 3.27% | 3.63% | 4.01% | 4.24% |
Drawdowns
MFBFX vs. MFIOX - Drawdown Comparison
The maximum MFBFX drawdown since its inception was -22.83%, smaller than the maximum MFIOX drawdown of -41.67%. Use the drawdown chart below to compare losses from any high point for MFBFX and MFIOX.
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Volatility
MFBFX vs. MFIOX - Volatility Comparison
MFS Corporate Bond Fund (MFBFX) has a higher volatility of 1.41% compared to MFS Income Fund (MFIOX) at 1.28%. This indicates that MFBFX's price experiences larger fluctuations and is considered to be riskier than MFIOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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