Correlation
The correlation between MFIOX and MIGFX is 0.05, 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.
MFIOX vs. MIGFX
Compare and contrast key facts about MFS Income Fund (MFIOX) and MFS Massachusetts Investors Growth Stock Fund (MIGFX).
MFIOX is managed by MFS. It was launched on Oct 29, 1987. MIGFX is managed by MFS. It was launched on Jan 1, 1935.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MFIOX or MIGFX.
Performance
MFIOX vs. MIGFX - Performance Comparison
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Key characteristics
MFIOX:
1.19
MIGFX:
0.40
MFIOX:
1.70
MIGFX:
0.53
MFIOX:
1.20
MIGFX:
1.07
MFIOX:
0.60
MIGFX:
0.28
MFIOX:
3.37
MIGFX:
1.03
MFIOX:
1.74%
MIGFX:
5.01%
MFIOX:
5.13%
MIGFX:
18.32%
MFIOX:
-41.67%
MIGFX:
-61.53%
MFIOX:
-3.95%
MIGFX:
-4.65%
Returns By Period
In the year-to-date period, MFIOX achieves a 1.83% return, which is significantly higher than MIGFX's -0.76% return. Over the past 10 years, MFIOX has underperformed MIGFX with an annualized return of 2.44%, while MIGFX has yielded a comparatively higher 12.77% annualized return.
MFIOX
1.83%
-0.34%
0.21%
5.23%
2.28%
0.83%
2.44%
MIGFX
-0.76%
5.44%
-3.04%
6.56%
10.63%
12.95%
12.77%
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MFIOX vs. MIGFX - Expense Ratio Comparison
MFIOX has a 0.73% expense ratio, which is higher than MIGFX's 0.70% expense ratio.
Risk-Adjusted Performance
MFIOX vs. MIGFX — Risk-Adjusted Performance Rank
MFIOX
MIGFX
MFIOX vs. MIGFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Income Fund (MFIOX) and MFS Massachusetts Investors Growth Stock Fund (MIGFX). 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
MFIOX vs. MIGFX - Dividend Comparison
MFIOX's dividend yield for the trailing twelve months is around 4.64%, less than MIGFX's 8.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFIOX MFS Income Fund | 4.64% | 5.04% | 4.72% | 2.97% | 3.29% | 2.83% | 3.05% | 3.07% | 3.27% | 3.63% | 4.01% | 4.24% |
MIGFX MFS Massachusetts Investors Growth Stock Fund | 8.66% | 8.59% | 4.11% | 4.49% | 10.47% | 7.43% | 7.40% | 10.77% | 6.87% | 5.92% | 6.51% | 3.80% |
Drawdowns
MFIOX vs. MIGFX - Drawdown Comparison
The maximum MFIOX drawdown since its inception was -41.67%, smaller than the maximum MIGFX drawdown of -61.53%. Use the drawdown chart below to compare losses from any high point for MFIOX and MIGFX.
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Volatility
MFIOX vs. MIGFX - Volatility Comparison
The current volatility for MFS Income Fund (MFIOX) is 1.28%, while MFS Massachusetts Investors Growth Stock Fund (MIGFX) has a volatility of 4.97%. This indicates that MFIOX experiences smaller price fluctuations and is considered to be less risky than MIGFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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