MFSV vs. BRCE

Last updated Jun 4, 2026

MFSV (MFS Active Value ETF) and BRCE (MFS Blended Research Core Equity ETF) are both exchange-traded funds - MFSV is a Large Cap Value Equities fund actively managed by MFS, while BRCE is a Large Cap Blend Equities fund actively managed by MFS. Both are actively managed. A 0.56 correlation means they provide meaningful diversification when combined. MFSV charges 0.44%/yr vs 0.24%/yr for BRCE.

Performance

MFSV vs. BRCE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Active Value ETF (MFSV) and MFS Blended Research Core Equity ETF (BRCE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MFSV achieves a 4.53% return, which is significantly lower than BRCE's 11.86% return.

MFSV

• 1D: -0.29%
• 1M: 0.36%
• YTD: 4.53%
• 6M: 5.79%
• 1Y: 12.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BRCE

• 1D: -0.85%
• 1M: 4.81%
• YTD: 11.86%
• 6M: 12.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MFSV vs. BRCE - Yearly Performance Comparison

	2026 (YTD)	2025
MFSV MFS Active Value ETF	4.53%	2.33%
BRCE MFS Blended Research Core Equity ETF	11.86%	2.68%

Correlation

The correlation between MFSV and BRCE is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025	0.56

Return for Risk

MFSV vs. BRCE — Risk / Return Rank

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

MFSV

MFSV Risk / Return Rank: 38
MFSV Sharpe Ratio Rank: 36
MFSV Sortino Ratio Rank: 36
MFSV Omega Ratio Rank: 34
MFSV Calmar Ratio Rank: 42
MFSV Martin Ratio Rank: 44

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.

MFSV vs. BRCE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Active Value ETF (MFSV) and MFS Blended Research Core Equity ETF (BRCE). 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.

	MFSV	BRCE	Difference
Sharpe ratio: Return per unit of total volatility	1.26	—	—
Sortino ratio: Return per unit of downside risk	1.86	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	2.03	—	—
Martin ratio: Return relative to average drawdown	6.96	—	—
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

	MFSV	BRCE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.26	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	1.82	-1.18

Drawdowns

MFSV vs. BRCE - Drawdown Comparison

The maximum MFSV drawdown since its inception was -12.74%, which is greater than BRCE's maximum drawdown of -8.77%. Use the drawdown chart below to compare losses from any high point for MFSV and BRCE.

Drawdown Indicators

	MFSV	BRCE	Difference
Max Drawdown Largest peak-to-trough decline	-12.74%	-8.77%	-3.97%
Max Drawdown (1Y) Largest decline over 1 year	-6.34%	—	—
Current Drawdown Current decline from peak	-1.45%	-0.85%	-0.60%
Average Drawdown Average peak-to-trough decline	-1.93%	-1.55%	-0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	—	—

Volatility

Volatility by Period

	MFSV	BRCE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.30%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.21%	14.15%	-3.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.73%	14.15%	-0.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.73%	14.15%	-0.42%

MFSV vs. BRCE - Expense Ratio Comparison

MFSV has a 0.44% expense ratio, which is higher than BRCE's 0.24% expense ratio.

Dividends

MFSV vs. BRCE - Dividend Comparison

MFSV's dividend yield for the trailing twelve months is around 1.51%, more than BRCE's 0.34% yield.

Position	TTM	2025	2024
BRCE MFS Blended Research Core Equity ETF	0.34%	0.19%	0.00%
MFSV MFS Active Value ETF	1.51%	1.53%	0.11%

Frequently Asked Questions

Can I hold both MFSV and BRCE in my portfolio?

MFSV and BRCE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MFSV or BRCE?

On fees, BRCE is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MFSV or BRCE?

BRCE is cheaper with a 0.24% expense ratio, compared with 0.44% for MFSV.

Which ETF pays a higher dividend yield, MFSV or BRCE?

MFSV has the higher dividend yield at 1.51%, compared with 0.34% for BRCE.

What is the main difference between MFSV and BRCE?

MFSV is categorized as Large Cap Value Equities, while BRCE is Large Cap Blend Equities. Their fees differ too: 0.44% for MFSV and 0.24% for BRCE.