MFSG vs. GSG
MFSG (MFS Active Growth ETF) and GSG (iShares S&P GSCI Commodity-Indexed Trust) are both exchange-traded funds - MFSG is a Large Cap Growth Equities fund actively managed by MFS, while GSG is a Commodities fund tracking the S&P GSCI Total Return Index. MFSG is actively managed, while GSG is passively managed. Over the past year, MFSG returned 8.76% vs 42.34% for GSG. Their -0.05 correlation means they have often moved in opposite directions in the past. MFSG charges 0.49%/yr vs 0.75%/yr for GSG.
Performance
MFSG vs. GSG - Performance Comparison
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Returns By Period
In the year-to-date period, MFSG achieves a 3.45% return, which is significantly lower than GSG's 38.94% return.
MFSG
- 1D
- 1.17%
- 1M
- -1.11%
- 6M
- 4.16%
- YTD
- 3.45%
- 1Y
- 8.76%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 8.79%
GSG
- 1D
- 0.28%
- 1M
- 12.94%
- 6M
- 25.75%
- YTD
- 38.94%
- 1Y
- 42.34%
- 3Y*
- 14.13%
- 5Y*
- 14.47%
- 10Y*
- 8.91%
- ALL TIME*
- -2.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $16.60M | $17.31M | $26.52M | |
| $1.55M | $1.84M | $2.29M |
MFSG vs. GSG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MFSG MFS Active Growth ETF | 3.45% | 14.51% | -2.99% |
GSG iShares S&P GSCI Commodity-Indexed Trust | 38.94% | 5.93% | 3.22% |
Correlation
The correlation between MFSG and GSG is -0.13, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.13 |
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024 | -0.05 |
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Return for Risk
MFSG vs. GSG — Risk / Return Rank
MFSG
GSG
MFSG vs. GSG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Active Growth ETF (MFSG) and iShares S&P GSCI Commodity-Indexed Trust (GSG). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MFSG | GSG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.34 | ||
| Sortino ratioReturn per unit of downside risk | -1.67 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.29 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | 2.16 | -1.78 |
| Martin ratioReturn relative to average drawdown | 1.26 | 6.99 | -5.73 |
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Drawdowns
MFSG vs. GSG - Drawdown Comparison
The maximum MFSG drawdown since its inception was -23.24%, smaller than the maximum GSG drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for MFSG and GSG.
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Drawdown Indicators
| MFSG | GSG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.24% | -89.62% | +66.38% |
Max Drawdown (1Y)Largest decline over 1 year | -16.15% | -18.81% | +2.66% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.81% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.64% | — |
Current DrawdownCurrent decline from peak | -4.78% | -58.05% | +53.27% |
Average DrawdownAverage peak-to-trough decline | -4.56% | -63.67% | +59.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.90% | 5.84% | -0.94% |
Volatility
MFSG vs. GSG - Volatility Comparison
The current volatility for MFS Active Growth ETF (MFSG) is 5.85%, while iShares S&P GSCI Commodity-Indexed Trust (GSG) has a volatility of 8.11%. This indicates that MFSG experiences smaller price fluctuations and is considered to be less risky than GSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MFSG | GSG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.85% | 8.11% | -2.26% |
Volatility (6M)Calculated over the trailing 6-month period | 14.61% | 22.18% | -7.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.97% | 24.23% | -6.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.83% | 22.86% | -1.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.83% | 22.06% | -0.23% |
MFSG vs. GSG - Expense Ratio Comparison
MFSG has a 0.49% expense ratio, which is lower than GSG's 0.75% expense ratio.
Dividends
MFSG vs. GSG - Dividend Comparison
MFSG's dividend yield for the trailing twelve months is around 0.07%, while GSG has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
GSG iShares S&P GSCI Commodity-Indexed Trust | 0.00% | 0.00% |
MFSG MFS Active Growth ETF | 0.07% | 0.08% |
Frequently Asked Questions
MFSG and GSG have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GSG has higher volatility (8.11%) compared to MFSG (5.85%). In terms of maximum drawdown, MFSG dropped -23.24% vs GSG's -89.62%.
On 1-year performance, GSG leads with 42.34% vs 8.76% for MFSG. On fees, MFSG is cheaper at 0.49% per year. On volatility, MFSG has been the lower-risk option at 5.85%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, GSG has performed better with a 42.34% return vs 8.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MFSG is cheaper with a 0.49% expense ratio, compared with 0.75% for GSG.
MFSG has the higher dividend yield at 0.07%, compared with 0.00% for GSG.
MFSG is categorized as Large Cap Growth Equities, while GSG is Commodities. They also come from different issuers: MFS and iShares. Their fees differ too: 0.49% for MFSG and 0.75% for GSG.
GSG currently has the higher Sharpe Ratio (1.68 vs 0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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