MFEGX vs. CHAIX

Last updated Jun 26, 2026

MFEGX (MFS Growth Fund Class A) and CHAIX (Chase Growth Fund Institutional Class) are both Large Cap Growth Equities funds. MFEGX is passively managed, while CHAIX is actively managed. Over the past 10 years, MFEGX returned 17.86%/yr vs 18.43%/yr for CHAIX. Their correlation of 0.92 suggests significant overlap in exposure. MFEGX charges 0.83%/yr vs 1.00%/yr for CHAIX.

Performance

MFEGX vs. CHAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Growth Fund Class A (MFEGX) and Chase Growth Fund Institutional Class (CHAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MFEGX achieves a 1.31% return, which is significantly lower than CHAIX's 24.08% return. Both investments have delivered pretty close results over the past 10 years, with MFEGX having a 17.86% annualized return and CHAIX not far ahead at 18.43%.

MFEGX

• 1D: -0.06%
• 1M: -2.97%
• YTD: 1.31%
• 6M: 0.08%
• 1Y: 8.71%
• 3Y*: 24.34%
• 5Y*: 12.01%
• 10Y*: 17.86%

CHAIX

• 1D: -0.05%
• 1M: 1.07%
• YTD: 24.08%
• 6M: 21.86%
• 1Y: 45.47%
• 3Y*: 32.93%
• 5Y*: 17.84%
• 10Y*: 18.43%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MFEGX vs. CHAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MFEGX MFS Growth Fund Class A	1.31%	12.06%	51.46%	35.81%	-31.31%	23.28%	36.29%	37.35%	2.04%	30.52%
CHAIX Chase Growth Fund Institutional Class	24.08%	20.67%	38.77%	26.00%	-20.32%	22.36%	18.41%	41.69%	-3.87%	24.73%

Correlation

The correlation between MFEGX and CHAIX is 0.80, 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	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jan 29, 2007	0.92

The correlation between MFEGX and CHAIX shifts across timeframes, from 0.80 (1 year) to 0.92 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MFEGX vs. CHAIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MFEGX

MFEGX Risk / Return Rank: 8
MFEGX Sharpe Ratio Rank: 8
MFEGX Sortino Ratio Rank: 8
MFEGX Omega Ratio Rank: 8
MFEGX Calmar Ratio Rank: 7
MFEGX Martin Ratio Rank: 8

CHAIX

CHAIX Risk / Return Rank: 88
CHAIX Sharpe Ratio Rank: 89
CHAIX Sortino Ratio Rank: 82
CHAIX Omega Ratio Rank: 79
CHAIX Calmar Ratio Rank: 94
CHAIX Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MFEGX vs. CHAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Growth Fund Class A (MFEGX) and Chase Growth Fund Institutional Class (CHAIX). 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.

	MFEGX	CHAIX	Difference
Sharpe ratio: Return per unit of total volatility	0.53	2.51	-1.98
Sortino ratio: Return per unit of downside risk	0.82	3.28	-2.46
Omega ratio: Gain probability vs. loss probability	1.10	1.42	-0.32
Calmar ratio: Return relative to maximum drawdown	0.51	4.64	-4.13
Martin ratio: Return relative to average drawdown	1.63	19.01	-17.38

MFEGX vs. CHAIX - Sharpe Ratio Comparison

The current MFEGX Sharpe Ratio is 0.53, which is lower than the CHAIX Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of MFEGX and CHAIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MFEGX vs. CHAIX - Drawdown Comparison

The maximum MFEGX drawdown since its inception was -72.42%, which is greater than CHAIX's maximum drawdown of -50.61%. Use the drawdown chart below to compare losses from any high point for MFEGX and CHAIX.

Drawdown Indicators

	MFEGX	CHAIX	Difference
Max Drawdown Largest peak-to-trough decline	-72.42%	-50.61%	-21.81%
Max Drawdown (1Y) Largest decline over 1 year	-17.39%	-9.86%	-7.53%
Max Drawdown (3Y) Largest decline over 3 years	-23.28%	-23.40%	+0.12%
Max Drawdown (5Y) Largest decline over 5 years	-36.27%	-24.58%	-11.69%
Max Drawdown (10Y) Largest decline over 10 years	-36.27%	-30.36%	-5.91%
Current Drawdown Current decline from peak	-4.91%	-2.15%	-2.76%
Average Drawdown Average peak-to-trough decline	-22.19%	-10.37%	-11.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.43%	2.40%	+3.03%

Volatility

MFEGX vs. CHAIX - Volatility Comparison

MFS Growth Fund Class A (MFEGX) and Chase Growth Fund Institutional Class (CHAIX) have volatilities of 6.87% and 6.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MFEGX	CHAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.87%	6.85%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	13.42%	14.28%	-0.86%
Volatility (1Y) Calculated over the trailing 1-year period	16.91%	18.30%	-1.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.27%	18.72%	+3.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.41%	19.08%	+2.33%

MFEGX vs. CHAIX - Expense Ratio Comparison

MFEGX has a 0.83% expense ratio, which is lower than CHAIX's 1.00% expense ratio.

Dividends

MFEGX vs. CHAIX - Dividend Comparison

MFEGX's dividend yield for the trailing twelve months is around 16.66%, more than CHAIX's 6.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHAIX Chase Growth Fund Institutional Class	6.61%	8.20%	18.32%	5.36%	5.09%	18.78%	7.39%	21.65%	12.33%	11.44%	8.83%	9.93%
MFEGX MFS Growth Fund Class A	16.66%	16.88%	28.04%	5.30%	1.14%	2.98%	7.45%	1.68%	3.96%	2.65%	1.68%	3.84%

Frequently Asked Questions

Can I hold both MFEGX and CHAIX in my portfolio?

MFEGX and CHAIX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MFEGX or CHAIX?

MFEGX has higher volatility (6.87%) compared to CHAIX (6.85%). In terms of maximum drawdown, MFEGX dropped -72.42% vs CHAIX's -50.61%.

Which has better risk-adjusted returns?

CHAIX currently has the higher Sharpe Ratio (2.51 vs 0.53), 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.