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MFSMX vs. MEIAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MFSMX vs. MEIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Maryland Municipal Bond Fund (MFSMX) and MFS Value Fund (MEIAX). The values are adjusted to include any dividend payments, if applicable.

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MFSMX vs. MEIAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MFSMX
MFS Maryland Municipal Bond Fund
-0.98%4.70%1.68%5.96%-10.48%2.55%3.98%6.65%1.29%4.40%
MEIAX
MFS Value Fund
-0.62%12.97%11.60%7.92%-6.25%25.11%3.71%29.73%-10.11%16.97%

Returns By Period

In the year-to-date period, MFSMX achieves a -0.98% return, which is significantly lower than MEIAX's -0.62% return. Over the past 10 years, MFSMX has underperformed MEIAX with an annualized return of 1.78%, while MEIAX has yielded a comparatively higher 9.47% annualized return.


MFSMX

1D
0.30%
1M
-2.75%
YTD
-0.98%
6M
0.72%
1Y
3.52%
3Y*
2.88%
5Y*
0.47%
10Y*
1.78%

MEIAX

1D
0.22%
1M
-6.36%
YTD
-0.62%
6M
1.54%
1Y
8.11%
3Y*
11.15%
5Y*
7.87%
10Y*
9.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MFSMX vs. MEIAX - Expense Ratio Comparison

MFSMX has a 0.83% expense ratio, which is higher than MEIAX's 0.80% expense ratio.


Return for Risk

MFSMX vs. MEIAX — Risk / Return Rank

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

MFSMX
MFSMX Risk / Return Rank: 3838
Overall Rank
MFSMX Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
MFSMX Sortino Ratio Rank: 3333
Sortino Ratio Rank
MFSMX Omega Ratio Rank: 5656
Omega Ratio Rank
MFSMX Calmar Ratio Rank: 3434
Calmar Ratio Rank
MFSMX Martin Ratio Rank: 2626
Martin Ratio Rank

MEIAX
MEIAX Risk / Return Rank: 2727
Overall Rank
MEIAX Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
MEIAX Sortino Ratio Rank: 2525
Sortino Ratio Rank
MEIAX Omega Ratio Rank: 2626
Omega Ratio Rank
MEIAX Calmar Ratio Rank: 2626
Calmar Ratio Rank
MEIAX Martin Ratio Rank: 3131
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.

MFSMX vs. MEIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Maryland Municipal Bond Fund (MFSMX) and MFS Value Fund (MEIAX). 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.


MFSMXMEIAXDifference

Sharpe ratio

Return per unit of total volatility

0.84

0.63

+0.21

Sortino ratio

Return per unit of downside risk

1.16

0.95

+0.21

Omega ratio

Gain probability vs. loss probability

1.22

1.14

+0.09

Calmar ratio

Return relative to maximum drawdown

0.94

0.75

+0.19

Martin ratio

Return relative to average drawdown

2.89

3.31

-0.42

MFSMX vs. MEIAX - Sharpe Ratio Comparison

The current MFSMX Sharpe Ratio is 0.84, which is higher than the MEIAX Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of MFSMX and MEIAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


MFSMXMEIAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.84

0.63

+0.21

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.11

0.57

-0.46

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.43

0.57

-0.14

Sharpe Ratio (All Time)

Calculated using the full available price history

1.16

0.57

+0.59

Correlation

The correlation between MFSMX and MEIAX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

MFSMX vs. MEIAX - Dividend Comparison

MFSMX's dividend yield for the trailing twelve months is around 3.25%, less than MEIAX's 9.59% yield.


TTM20252024202320222021202020192018201720162015
MFSMX
MFS Maryland Municipal Bond Fund
3.25%4.22%2.86%2.52%1.78%1.89%2.49%3.25%3.35%3.47%3.50%3.69%
MEIAX
MFS Value Fund
9.59%9.34%9.10%8.21%7.36%3.10%2.42%2.97%3.36%3.87%2.84%5.73%

Drawdowns

MFSMX vs. MEIAX - Drawdown Comparison

The maximum MFSMX drawdown since its inception was -15.71%, smaller than the maximum MEIAX drawdown of -52.85%. Use the drawdown chart below to compare losses from any high point for MFSMX and MEIAX.


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Drawdown Indicators


MFSMXMEIAXDifference

Max Drawdown

Largest peak-to-trough decline

-15.71%

-52.85%

+37.14%

Max Drawdown (1Y)

Largest decline over 1 year

-5.00%

-11.10%

+6.10%

Max Drawdown (5Y)

Largest decline over 5 years

-15.37%

-17.72%

+2.35%

Max Drawdown (10Y)

Largest decline over 10 years

-15.37%

-36.71%

+21.34%

Current Drawdown

Current decline from peak

-2.75%

-6.57%

+3.82%

Average Drawdown

Average peak-to-trough decline

-2.20%

-6.57%

+4.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.63%

2.51%

-0.88%

Volatility

MFSMX vs. MEIAX - Volatility Comparison

The current volatility for MFS Maryland Municipal Bond Fund (MFSMX) is 1.27%, while MFS Value Fund (MEIAX) has a volatility of 3.12%. This indicates that MFSMX experiences smaller price fluctuations and is considered to be less risky than MEIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MFSMXMEIAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.27%

3.12%

-1.85%

Volatility (6M)

Calculated over the trailing 6-month period

1.89%

7.69%

-5.80%

Volatility (1Y)

Calculated over the trailing 1-year period

5.25%

14.77%

-9.52%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.26%

13.90%

-9.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.11%

16.54%

-12.43%