MFSV vs. BREE

Last updated Jul 17, 2026

MFSV (MFS Active Value ETF) and BREE (MFS Blended Research Emerging Markets Equity ETF) are both exchange-traded funds - MFSV is a Large Cap Value Equities fund actively managed by MFS, while BREE is a Emerging Markets Diversified fund actively managed by MFS. Both are actively managed. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.44% expense ratio.

Performance

MFSV vs. BREE - Performance Comparison

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

Returns By Period

MFSV

• 1D: 0.48%
• 1M: 2.22%
• 6M: 6.99%
• YTD: 11.02%
• 1Y: 17.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BREE

• 1D: -2.03%
• 1M: -6.17%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MFSV vs. BREE - Yearly Performance Comparison

	2026 (YTD)
MFSV MFS Active Value ETF	5.65%
BREE MFS Blended Research Emerging Markets Equity ETF	5.00%

Correlation

The correlation between MFSV and BREE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 5, 2026	0.33

Return for Risk

MFSV vs. BREE — Risk / Return Rank

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

MFSV

MFSV Risk / Return Rank: 65
MFSV Sharpe Ratio Rank: 64
MFSV Sortino Ratio Rank: 67
MFSV Omega Ratio Rank: 61
MFSV Calmar Ratio Rank: 69
MFSV Martin Ratio Rank: 67

BREE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. BREE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Active Value ETF (MFSV) 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.

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.

	MFSV	BREE	Difference
Sharpe ratio: Return per unit of total volatility	1.68	—	—
Sortino ratio: Return per unit of downside risk	2.46	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.74	—	—
Martin ratio: Return relative to average drawdown	9.42	—	—

Drawdowns

MFSV vs. BREE - Drawdown Comparison

The maximum MFSV drawdown since its inception was -12.74%, roughly equal to the maximum BREE drawdown of -12.31%. Use the drawdown chart below to compare losses from any high point for MFSV and BREE.

Drawdown Indicators

	MFSV	BREE	Difference
Max Drawdown Largest peak-to-trough decline	-12.74%	-12.31%	-0.43%
Max Drawdown (1Y) Largest decline over 1 year	-6.34%	—	—
Current Drawdown Current decline from peak	0.00%	-9.13%	+9.13%
Average Drawdown Average peak-to-trough decline	-1.81%	-4.15%	+2.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.84%	—	—

Volatility

Volatility by Period

	MFSV	BREE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.33%	33.43%	-23.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.49%	33.43%	-19.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.49%	33.43%	-19.94%

MFSV vs. BREE - Expense Ratio Comparison

Both MFSV and BREE have an expense ratio of 0.44%.

Dividends

MFSV vs. BREE - Dividend Comparison

MFSV's dividend yield for the trailing twelve months is around 1.33%, while BREE has not paid dividends to shareholders.

Position	TTM	2025	2024
BREE MFS Blended Research Emerging Markets Equity ETF	0.00%	0.00%	0.00%
MFSV MFS Active Value ETF	1.33%	1.53%	0.11%

Frequently Asked Questions

Can I hold both MFSV and BREE in my portfolio?

MFSV and BREE have a correlation of 0.33, 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 BREE?

Both ETFs have the same 0.44% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MFSV or BREE?

MFSV and BREE have the same expense ratio: 0.44% per year.

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

MFSV has the higher dividend yield at 1.33%, compared with 0.00% for BREE.

What is the main difference between MFSV and BREE?

MFSV is categorized as Large Cap Value Equities, while BREE is Emerging Markets Diversified.