MFIOX vs. MHITX
Compare and contrast key facts about MFS Income Fund (MFIOX) and MFS High Income Fund (MHITX).
MFIOX is managed by MFS. It was launched on Oct 29, 1987. MHITX is managed by MFS. It was launched on Feb 17, 1978.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MFIOX or MHITX.
Correlation
The correlation between MFIOX and MHITX is 0.36, 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.
Performance
MFIOX vs. MHITX - Performance Comparison
Key characteristics
MFIOX:
1.03
MHITX:
2.20
MFIOX:
1.53
MHITX:
3.64
MFIOX:
1.18
MHITX:
1.59
MFIOX:
0.44
MHITX:
4.22
MFIOX:
3.00
MHITX:
13.62
MFIOX:
1.72%
MHITX:
0.61%
MFIOX:
5.00%
MHITX:
3.74%
MFIOX:
-41.67%
MHITX:
-36.80%
MFIOX:
-5.89%
MHITX:
-0.12%
Returns By Period
In the year-to-date period, MFIOX achieves a 0.77% return, which is significantly lower than MHITX's 0.97% return. Over the past 10 years, MFIOX has underperformed MHITX with an annualized return of 2.27%, while MHITX has yielded a comparatively higher 3.99% annualized return.
MFIOX
0.77%
0.94%
-0.50%
5.14%
0.26%
2.27%
MHITX
0.97%
0.32%
2.94%
8.27%
3.03%
3.99%
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MFIOX vs. MHITX - Expense Ratio Comparison
MFIOX has a 0.73% expense ratio, which is lower than MHITX's 0.86% expense ratio.
Risk-Adjusted Performance
MFIOX vs. MHITX — Risk-Adjusted Performance Rank
MFIOX
MHITX
MFIOX vs. MHITX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Income Fund (MFIOX) and MFS High Income Fund (MHITX). 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
MFIOX vs. MHITX - Dividend Comparison
MFIOX's dividend yield for the trailing twelve months is around 5.04%, less than MHITX's 5.59% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFIOX MFS Income Fund | 5.04% | 5.04% | 4.72% | 2.97% | 2.30% | 2.65% | 3.05% | 3.07% | 3.27% | 3.63% | 4.01% | 4.24% |
MHITX MFS High Income Fund | 5.59% | 6.14% | 5.67% | 5.31% | 4.34% | 4.49% | 4.74% | 5.21% | 4.91% | 5.44% | 5.96% | 5.89% |
Drawdowns
MFIOX vs. MHITX - Drawdown Comparison
The maximum MFIOX drawdown since its inception was -41.67%, which is greater than MHITX's maximum drawdown of -36.80%. Use the drawdown chart below to compare losses from any high point for MFIOX and MHITX. For additional features, visit the drawdowns tool.
Volatility
MFIOX vs. MHITX - Volatility Comparison
MFS Income Fund (MFIOX) has a higher volatility of 1.29% compared to MFS High Income Fund (MHITX) at 0.87%. This indicates that MFIOX's price experiences larger fluctuations and is considered to be riskier than MHITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.