PortfoliosLab logoPortfoliosLab logo
MFSCX vs. LSMSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MFSCX vs. LSMSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS South Carolina Municipal Bond Fund (MFSCX) and Western Asset SMASh Series TF Fund (LSMSX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

MFSCX vs. LSMSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MFSCX
MFS South Carolina Municipal Bond Fund
-0.80%4.22%1.97%5.59%-11.11%1.77%4.03%6.75%1.03%3.87%
LSMSX
Western Asset SMASh Series TF Fund
-0.27%3.22%2.22%7.96%-10.03%4.11%4.48%8.16%0.46%4.92%

Returns By Period

In the year-to-date period, MFSCX achieves a -0.80% return, which is significantly lower than LSMSX's -0.27% return.


MFSCX

1D
0.18%
1M
-2.94%
YTD
-0.80%
6M
0.81%
1Y
3.43%
3Y*
2.72%
5Y*
0.20%
10Y*
1.49%

LSMSX

1D
0.21%
1M
-2.62%
YTD
-0.27%
6M
1.22%
1Y
3.63%
3Y*
3.26%
5Y*
1.12%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


MFSCX vs. LSMSX - Expense Ratio Comparison

MFSCX has a 0.84% expense ratio, which is higher than LSMSX's 0.01% expense ratio.


Return for Risk

MFSCX vs. LSMSX — Risk / Return Rank

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

MFSCX
MFSCX Risk / Return Rank: 3232
Overall Rank
MFSCX Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
MFSCX Sortino Ratio Rank: 2626
Sortino Ratio Rank
MFSCX Omega Ratio Rank: 4848
Omega Ratio Rank
MFSCX Calmar Ratio Rank: 2929
Calmar Ratio Rank
MFSCX Martin Ratio Rank: 2222
Martin Ratio Rank

LSMSX
LSMSX Risk / Return Rank: 2626
Overall Rank
LSMSX Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
LSMSX Sortino Ratio Rank: 2020
Sortino Ratio Rank
LSMSX Omega Ratio Rank: 4444
Omega Ratio Rank
LSMSX Calmar Ratio Rank: 2323
Calmar Ratio Rank
LSMSX Martin Ratio Rank: 1919
Martin Ratio Rank
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.

MFSCX vs. LSMSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS South Carolina Municipal Bond Fund (MFSCX) and Western Asset SMASh Series TF Fund (LSMSX). 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.


MFSCXLSMSXDifference

Sharpe ratio

Return per unit of total volatility

0.75

0.67

+0.08

Sortino ratio

Return per unit of downside risk

1.04

0.89

+0.15

Omega ratio

Gain probability vs. loss probability

1.20

1.20

+0.01

Calmar ratio

Return relative to maximum drawdown

0.85

0.71

+0.14

Martin ratio

Return relative to average drawdown

2.43

1.98

+0.45

MFSCX vs. LSMSX - Sharpe Ratio Comparison

The current MFSCX Sharpe Ratio is 0.75, which is comparable to the LSMSX Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of MFSCX and LSMSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading graphics...

Sharpe Ratios by Period


MFSCXLSMSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.75

0.67

+0.08

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.04

0.25

-0.21

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.36

Sharpe Ratio (All Time)

Calculated using the full available price history

1.07

0.58

+0.49

Correlation

The correlation between MFSCX and LSMSX is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

MFSCX vs. LSMSX - Dividend Comparison

MFSCX's dividend yield for the trailing twelve months is around 3.45%, less than LSMSX's 3.97% yield.


TTM20252024202320222021202020192018201720162015
MFSCX
MFS South Carolina Municipal Bond Fund
3.45%4.42%2.86%2.31%1.61%1.60%2.20%3.00%3.13%3.06%3.16%3.19%
LSMSX
Western Asset SMASh Series TF Fund
3.97%3.83%4.30%3.37%2.38%2.73%2.33%2.55%2.34%0.90%0.00%0.00%

Drawdowns

MFSCX vs. LSMSX - Drawdown Comparison

The maximum MFSCX drawdown since its inception was -16.34%, which is greater than LSMSX's maximum drawdown of -15.00%. Use the drawdown chart below to compare losses from any high point for MFSCX and LSMSX.


Loading graphics...

Drawdown Indicators


MFSCXLSMSXDifference

Max Drawdown

Largest peak-to-trough decline

-16.34%

-15.00%

-1.34%

Max Drawdown (1Y)

Largest decline over 1 year

-5.51%

-6.21%

+0.70%

Max Drawdown (5Y)

Largest decline over 5 years

-16.34%

-15.00%

-1.34%

Max Drawdown (10Y)

Largest decline over 10 years

-16.34%

Current Drawdown

Current decline from peak

-2.94%

-2.62%

-0.32%

Average Drawdown

Average peak-to-trough decline

-2.19%

-2.88%

+0.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.92%

2.21%

-0.29%

Volatility

MFSCX vs. LSMSX - Volatility Comparison

MFS South Carolina Municipal Bond Fund (MFSCX) has a higher volatility of 1.30% compared to Western Asset SMASh Series TF Fund (LSMSX) at 1.10%. This indicates that MFSCX's price experiences larger fluctuations and is considered to be riskier than LSMSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading graphics...

Volatility by Period


MFSCXLSMSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.30%

1.10%

+0.20%

Volatility (6M)

Calculated over the trailing 6-month period

1.98%

1.60%

+0.38%

Volatility (1Y)

Calculated over the trailing 1-year period

5.73%

5.78%

-0.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.47%

4.44%

+0.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.12%

4.52%

-0.40%