MFSG vs. BREE

Last updated Jun 4, 2026

MFSG (MFS Active Growth ETF) and BREE (MFS Blended Research Emerging Markets Equity ETF) are both exchange-traded funds - MFSG is a Large Cap Growth Equities fund actively managed by MFS, while BREE is a Emerging Markets Diversified fund actively managed by MFS. Both are actively managed. Their correlation of 0.85 suggests significant overlap in exposure. MFSG charges 0.49%/yr vs 0.44%/yr for BREE.

Performance

MFSG vs. BREE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Active Growth ETF (MFSG) and MFS Blended Research Emerging Markets Equity ETF (BREE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MFSG

• 1D: -0.94%
• 1M: 4.46%
• YTD: 7.55%
• 6M: 7.63%
• 1Y: 21.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BREE

• 1D: -1.25%
• 1M: 10.36%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MFSG vs. BREE - Yearly Performance Comparison

	2026 (YTD)
MFSG MFS Active Growth ETF	12.49%
BREE MFS Blended Research Emerging Markets Equity ETF	20.50%

Correlation

The correlation between MFSG and BREE is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 6, 2026	0.85

Return for Risk

MFSG vs. BREE — Risk / Return Rank

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

MFSG

MFSG Risk / Return Rank: 35
MFSG Sharpe Ratio Rank: 39
MFSG Sortino Ratio Rank: 37
MFSG Omega Ratio Rank: 37
MFSG Calmar Ratio Rank: 28
MFSG Martin Ratio Rank: 32

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.

MFSG vs. BREE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Active Growth ETF (MFSG) and MFS Blended Research Emerging Markets Equity ETF (BREE). 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.

	MFSG	BREE	Difference
Sharpe ratio: Return per unit of total volatility	1.35	—	—
Sortino ratio: Return per unit of downside risk	1.90	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	1.34	—	—
Martin ratio: Return relative to average drawdown	4.66	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MFSG	BREE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	4.18	-3.58

Drawdowns

MFSG vs. BREE - Drawdown Comparison

The maximum MFSG drawdown since its inception was -23.24%, which is greater than BREE's maximum drawdown of -7.70%. Use the drawdown chart below to compare losses from any high point for MFSG and BREE.

Drawdown Indicators

	MFSG	BREE	Difference
Max Drawdown Largest peak-to-trough decline	-23.24%	-7.70%	-15.54%
Max Drawdown (1Y) Largest decline over 1 year	-16.15%	—	—
Current Drawdown Current decline from peak	-1.01%	-1.25%	+0.24%
Average Drawdown Average peak-to-trough decline	-4.67%	-1.77%	-2.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.63%	—	—

Volatility

Volatility by Period

	MFSG	BREE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.00%	27.33%	-11.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.69%	27.33%	-5.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.69%	27.33%	-5.64%

MFSG vs. BREE - Expense Ratio Comparison

MFSG has a 0.49% expense ratio, which is higher than BREE's 0.44% expense ratio.

Dividends

MFSG vs. BREE - Dividend Comparison

MFSG's dividend yield for the trailing twelve months is around 0.07%, while BREE has not paid dividends to shareholders.

Position	TTM	2025
BREE MFS Blended Research Emerging Markets Equity ETF	0.00%	0.00%
MFSG MFS Active Growth ETF	0.07%	0.08%

Frequently Asked Questions

Can I hold both MFSG and BREE in my portfolio?

MFSG and BREE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MFSG or BREE?

On fees, BREE is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MFSG or BREE?

BREE is cheaper with a 0.44% expense ratio, compared with 0.49% for MFSG.

Which ETF pays a higher dividend yield, MFSG or BREE?

MFSG has the higher dividend yield at 0.07%, compared with 0.00% for BREE.

What is the main difference between MFSG and BREE?

MFSG is categorized as Large Cap Growth Equities, while BREE is Emerging Markets Diversified. Their fees differ too: 0.49% for MFSG and 0.44% for BREE.