MFIOX vs. MHOIX
Compare and contrast key facts about MFS Income Fund (MFIOX) and MFS Global High Yield Fund (MHOIX).
MFIOX is managed by MFS. It was launched on Oct 29, 1987. MHOIX is managed by MFS. It was launched on Jul 1, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MFIOX or MHOIX.
Correlation
The correlation between MFIOX and MHOIX is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MFIOX vs. MHOIX - Performance Comparison
Key characteristics
MFIOX:
0.76
MHOIX:
3.11
MFIOX:
1.13
MHOIX:
5.19
MFIOX:
1.14
MHOIX:
1.80
MFIOX:
0.33
MHOIX:
6.51
MFIOX:
2.24
MHOIX:
21.72
MFIOX:
1.70%
MHOIX:
0.44%
MFIOX:
5.02%
MHOIX:
3.08%
MFIOX:
-41.66%
MHOIX:
-40.08%
MFIOX:
-6.13%
MHOIX:
-0.18%
Returns By Period
In the year-to-date period, MFIOX achieves a 0.51% return, which is significantly lower than MHOIX's 0.72% return. Over the past 10 years, MFIOX has underperformed MHOIX with an annualized return of 2.26%, while MHOIX has yielded a comparatively higher 4.54% annualized return.
MFIOX
0.51%
1.03%
0.24%
4.17%
0.30%
2.26%
MHOIX
0.72%
0.72%
4.25%
9.56%
3.80%
4.54%
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MFIOX vs. MHOIX - Expense Ratio Comparison
MFIOX has a 0.73% expense ratio, which is lower than MHOIX's 0.81% expense ratio.
Risk-Adjusted Performance
MFIOX vs. MHOIX — Risk-Adjusted Performance Rank
MFIOX
MHOIX
MFIOX vs. MHOIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Income Fund (MFIOX) and MFS Global High Yield Fund (MHOIX). 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. MHOIX - Dividend Comparison
MFIOX's dividend yield for the trailing twelve months is around 4.61%, less than MHOIX's 5.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFIOX MFS Income Fund | 4.61% | 5.04% | 4.72% | 2.97% | 2.30% | 2.65% | 3.05% | 3.07% | 3.27% | 3.63% | 4.01% | 4.24% |
MHOIX MFS Global High Yield Fund | 5.56% | 6.50% | 4.97% | 8.95% | 5.56% | 4.47% | 4.76% | 4.92% | 4.98% | 5.85% | 6.69% | 6.36% |
Drawdowns
MFIOX vs. MHOIX - Drawdown Comparison
The maximum MFIOX drawdown since its inception was -41.66%, roughly equal to the maximum MHOIX drawdown of -40.08%. Use the drawdown chart below to compare losses from any high point for MFIOX and MHOIX. For additional features, visit the drawdowns tool.
Volatility
MFIOX vs. MHOIX - Volatility Comparison
MFS Income Fund (MFIOX) has a higher volatility of 1.39% compared to MFS Global High Yield Fund (MHOIX) at 0.79%. This indicates that MFIOX's price experiences larger fluctuations and is considered to be riskier than MHOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.