MFSV vs. MFSI

Last updated Jun 24, 2026

MFSV (MFS Active Value ETF) and MFSI (MFS Active International ETF) are both exchange-traded funds - MFSV is a Large Cap Value Equities fund actively managed by MFS, while MFSI is a Foreign Large Cap Equities fund actively managed by MFS. Both are actively managed. Over the past year, MFSV returned 15.59% vs 16.18% for MFSI. A 0.57 correlation means they provide meaningful diversification when combined. MFSV charges 0.44%/yr vs 0.59%/yr for MFSI.

Performance

MFSV vs. MFSI - Performance Comparison

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

Returns By Period

In the year-to-date period, MFSV achieves a 7.33% return, which is significantly higher than MFSI's 4.60% return.

MFSV

• 1D: -0.35%
• 1M: 2.09%
• YTD: 7.33%
• 6M: 6.48%
• 1Y: 15.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MFSI

• 1D: -1.91%
• 1M: -0.38%
• YTD: 4.60%
• 6M: 4.43%
• 1Y: 16.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MFSV vs. MFSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MFSV MFS Active Value ETF	7.33%	13.63%	-4.62%
MFSI MFS Active International ETF	4.60%	26.43%	-3.45%

Correlation

The correlation between MFSV and MFSI is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024	0.57

The correlation between MFSV and MFSI has been stable across timeframes, ranging from 0.57 to 0.59 - a consistent structural relationship.

Return for Risk

MFSV vs. MFSI — Risk / Return Rank

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

MFSV

MFSV Risk / Return Rank: 49
MFSV Sharpe Ratio Rank: 47
MFSV Sortino Ratio Rank: 48
MFSV Omega Ratio Rank: 44
MFSV Calmar Ratio Rank: 54
MFSV Martin Ratio Rank: 53

MFSI

MFSI Risk / Return Rank: 33
MFSI Sharpe Ratio Rank: 32
MFSI Sortino Ratio Rank: 31
MFSI Omega Ratio Rank: 31
MFSI Calmar Ratio Rank: 31
MFSI Martin Ratio Rank: 38

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. MFSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Active Value ETF (MFSV) and MFS Active International ETF (MFSI). 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	MFSI	Difference
Sharpe ratio: Return per unit of total volatility	1.50	1.07	+0.42
Sortino ratio: Return per unit of downside risk	2.20	1.57	+0.63
Omega ratio: Gain probability vs. loss probability	1.26	1.20	+0.07
Calmar ratio: Return relative to maximum drawdown	2.47	1.45	+1.02
Martin ratio: Return relative to average drawdown	8.46	5.39	+3.07

MFSV vs. MFSI - Sharpe Ratio Comparison

The current MFSV Sharpe Ratio is 1.50, which is higher than the MFSI Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of MFSV and MFSI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MFSV vs. MFSI - Drawdown Comparison

The maximum MFSV drawdown since its inception was -12.74%, smaller than the maximum MFSI drawdown of -13.67%. Use the drawdown chart below to compare losses from any high point for MFSV and MFSI.

Drawdown Indicators

	MFSV	MFSI	Difference
Max Drawdown Largest peak-to-trough decline	-12.74%	-13.67%	+0.93%
Max Drawdown (1Y) Largest decline over 1 year	-6.34%	-11.17%	+4.83%
Current Drawdown Current decline from peak	-1.18%	-3.13%	+1.95%
Average Drawdown Average peak-to-trough decline	-1.87%	-1.97%	+0.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	3.01%	-1.16%

Volatility

MFSV vs. MFSI - Volatility Comparison

The current volatility for MFS Active Value ETF (MFSV) is 3.19%, while MFS Active International ETF (MFSI) has a volatility of 5.13%. This indicates that MFSV experiences smaller price fluctuations and is considered to be less risky than MFSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MFSV	MFSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.19%	5.13%	-1.94%
Volatility (6M) Calculated over the trailing 6-month period	7.82%	12.88%	-5.06%
Volatility (1Y) Calculated over the trailing 1-year period	10.47%	15.13%	-4.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.68%	16.46%	-2.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.68%	16.46%	-2.78%

MFSV vs. MFSI - Expense Ratio Comparison

MFSV has a 0.44% expense ratio, which is lower than MFSI's 0.59% expense ratio.

Dividends

MFSV vs. MFSI - Dividend Comparison

MFSV's dividend yield for the trailing twelve months is around 1.47%, more than MFSI's 0.77% yield.

Position	TTM	2025	2024
MFSI MFS Active International ETF	0.77%	0.81%	0.00%
MFSV MFS Active Value ETF	1.47%	1.53%	0.11%

Frequently Asked Questions

Can I hold both MFSV and MFSI in my portfolio?

MFSV and MFSI have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MFSV or MFSI?

MFSI has higher volatility (5.13%) compared to MFSV (3.19%). In terms of maximum drawdown, MFSV dropped -12.74% vs MFSI's -13.67%.

Which ETF is better, MFSV or MFSI?

On 1-year performance, MFSI leads with 16.18% vs 15.59% for MFSV. On fees, MFSV is cheaper at 0.44% per year. On volatility, MFSV has been the lower-risk option at 3.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MFSV or MFSI?

Over the 1-year period, MFSI has performed better with a 16.18% return vs 15.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MFSV or MFSI?

MFSV is cheaper with a 0.44% expense ratio, compared with 0.59% for MFSI.

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

MFSV has the higher dividend yield at 1.47%, compared with 0.77% for MFSI.

What is the main difference between MFSV and MFSI?

MFSV is categorized as Large Cap Value Equities, while MFSI is Foreign Large Cap Equities. Their fees differ too: 0.44% for MFSV and 0.59% for MFSI.

Which has better risk-adjusted returns?

MFSV currently has the higher Sharpe Ratio (1.50 vs 1.07), 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.