MFFIX vs. MEIIX

Last updated Aug 1, 2026

MFFIX (MFS Lifetime 2050 Fund) and MEIIX (MFS Value Fund Class I) are both mutual funds - MFFIX is a Target Retirement Date fund managed by MFS, while MEIIX is a Large Cap Value Equities fund managed by MFS. Over the past 10 years, MFFIX returned 10.98%/yr vs 10.16%/yr for MEIIX. Their correlation of 0.88 means they have usually moved in the same direction. MFFIX charges 0.00%/yr vs 0.55%/yr for MEIIX.

Performance

MFFIX vs. MEIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Lifetime 2050 Fund (MFFIX) and MFS Value Fund Class I (MEIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MFFIX achieves a 11.54% return, which is significantly higher than MEIIX's 10.50% return. Over the past 10 years, MFFIX has outperformed MEIIX with an annualized return of 10.98%, while MEIIX has yielded a comparatively lower 10.16% annualized return.

MFFIX

• 1D: 1.45%
• 1M: 0.72%
• 6M: 7.83%
• YTD: 11.54%
• 1Y: 19.88%
• 3Y*: 14.96%
• 5Y*: 8.64%
• 10Y*: 10.98%
• ALL TIME*: 10.53%

MEIIX

• 1D: 0.38%
• 1M: 1.21%
• 6M: 6.98%
• YTD: 10.50%
• 1Y: 18.81%
• 3Y*: 13.09%
• 5Y*: 8.73%
• 10Y*: 10.16%
• ALL TIME*: 9.88%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MEIIX MFS Value Fund Class I	$0.00	$0.00	$0.00
MFFIX MFS Lifetime 2050 Fund	$0.00	$0.00	$0.00

MFFIX vs. MEIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MFFIX MFS Lifetime 2050 Fund	11.54%	16.35%	13.21%	16.81%	-15.69%	20.44%	13.24%	26.79%	-7.94%	21.21%
MEIIX MFS Value Fund Class I	10.50%	13.26%	11.86%	8.21%	-6.02%	25.43%	3.99%	30.04%	-9.90%	17.20%

Correlation

The correlation between MFFIX and MEIIX is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.69
Correlation (3Y) Balances recent behavior with more history.	0.77
Correlation (5Y) Shows whether the relationship held over a longer period.	0.84
Correlation (10Y) Provides a long-term view across more market conditions.	0.85
Correlation (All Time) Calculated using the full available price history since Sep 15, 2010	0.88

The correlation between MFFIX and MEIIX shifts across timeframes, from 0.69 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MFFIX vs. MEIIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MFFIX

MFFIX Risk / Return Rank: 65
MFFIX Sharpe Ratio Rank: 65
MFFIX Sortino Ratio Rank: 64
MFFIX Omega Ratio Rank: 63
MFFIX Calmar Ratio Rank: 62
MFFIX Martin Ratio Rank: 72

MEIIX

MEIIX Risk / Return Rank: 69
MEIIX Sharpe Ratio Rank: 67
MEIIX Sortino Ratio Rank: 68
MEIIX Omega Ratio Rank: 63
MEIIX Calmar Ratio Rank: 76
MEIIX Martin Ratio Rank: 71

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MFFIX vs. MEIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Lifetime 2050 Fund (MFFIX) and MFS Value Fund Class I (MEIIX). 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.

	MFFIX	MEIIX	Difference
Sharpe ratio: Return per unit of total volatility	1.61	1.55	+0.06
Sortino ratio: Return per unit of downside risk	2.30	2.24	+0.06
Omega ratio: Gain probability vs. loss probability	1.29	1.27	+0.02
Calmar ratio: Return relative to maximum drawdown	2.16	2.42	-0.26
Martin ratio: Return relative to average drawdown	9.11	8.50	+0.60

MFFIX vs. MEIIX - Sharpe Ratio Comparison

The current MFFIX Sharpe Ratio is 1.61, which is comparable to the MEIIX Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of MFFIX and MEIIX, 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

MFFIX vs. MEIIX - Drawdown Comparison

The maximum MFFIX drawdown since its inception was -32.80%, smaller than the maximum MEIIX drawdown of -52.64%. Use the drawdown chart below to compare losses from any high point for MFFIX and MEIIX.

Drawdown Indicators

	MFFIX	MEIIX	Difference
Max Drawdown Largest peak-to-trough decline	-32.80%	-52.64%	+19.84%
Max Drawdown (1Y) Largest decline over 1 year	-8.31%	-6.76%	-1.55%
Max Drawdown (3Y) Largest decline over 3 years	-14.51%	-13.19%	-1.32%
Max Drawdown (5Y) Largest decline over 5 years	-23.17%	-17.58%	-5.59%
Max Drawdown (10Y) Largest decline over 10 years	-32.80%	-36.70%	+3.90%
Current Drawdown Current decline from peak	-0.18%	-1.04%	+0.86%
Average Drawdown Average peak-to-trough decline	-3.93%	-6.52%	+2.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.97%	1.93%	+0.04%

Volatility

MFFIX vs. MEIIX - Volatility Comparison

MFS Lifetime 2050 Fund (MFFIX) and MFS Value Fund Class I (MEIIX) have volatilities of 2.76% and 2.76%, 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

	MFFIX	MEIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.76%	2.76%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	9.00%	7.49%	+1.51%
Volatility (1Y) Calculated over the trailing 1-year period	11.18%	10.58%	+0.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.04%	13.89%	+0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.89%	16.48%	-1.59%

MFFIX vs. MEIIX - Expense Ratio Comparison

MFFIX has a 0.00% expense ratio, which is lower than MEIIX's 0.55% expense ratio.

Dividends

MFFIX vs. MEIIX - Dividend Comparison

MFFIX's dividend yield for the trailing twelve months is around 6.78%, less than MEIIX's 8.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MEIIX MFS Value Fund Class I	8.76%	9.52%	9.30%	8.41%	7.58%	3.32%	2.63%	3.17%	3.62%	4.04%	2.91%	5.97%
MFFIX MFS Lifetime 2050 Fund	6.78%	7.56%	4.81%	3.51%	6.38%	9.06%	2.37%	4.34%	3.88%	3.10%	3.90%	1.76%

Frequently Asked Questions

Can I hold both MFFIX and MEIIX in my portfolio?

MFFIX and MEIIX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MFFIX or MEIIX?

MEIIX has higher volatility (2.76%) compared to MFFIX (2.76%). In terms of maximum drawdown, MFFIX dropped -32.80% vs MEIIX's -52.64%.

Which has better risk-adjusted returns?

MFFIX currently has the higher Sharpe Ratio (1.61 vs 1.55), 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.