Correlation
The correlation between MFWTX and MALOX is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
MFWTX vs. MALOX
Compare and contrast key facts about MFS Global Total Return Fund (MFWTX) and BlackRock Global Allocation Fund (MALOX).
MFWTX is managed by MFS. It was launched on Sep 3, 1990. MALOX is managed by Blackrock. It was launched on Feb 2, 1989.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MFWTX or MALOX.
Performance
MFWTX vs. MALOX - Performance Comparison
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Key characteristics
MFWTX:
0.90
MALOX:
1.06
MFWTX:
1.51
MALOX:
1.55
MFWTX:
1.21
MALOX:
1.22
MFWTX:
1.13
MALOX:
1.19
MFWTX:
3.71
MALOX:
4.90
MFWTX:
2.55%
MALOX:
2.44%
MFWTX:
8.88%
MALOX:
11.14%
MFWTX:
-33.14%
MALOX:
-32.83%
MFWTX:
0.00%
MALOX:
0.00%
Returns By Period
The year-to-date returns for both investments are quite close, with MFWTX having a 7.05% return and MALOX slightly higher at 7.33%. Over the past 10 years, MFWTX has underperformed MALOX with an annualized return of 5.40%, while MALOX has yielded a comparatively higher 5.80% annualized return.
MFWTX
7.05%
2.35%
2.96%
7.94%
6.23%
6.15%
5.40%
MALOX
7.33%
3.72%
4.52%
11.66%
7.64%
7.43%
5.80%
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MFWTX vs. MALOX - Expense Ratio Comparison
MFWTX has a 1.09% expense ratio, which is higher than MALOX's 0.81% expense ratio.
Risk-Adjusted Performance
MFWTX vs. MALOX — Risk-Adjusted Performance Rank
MFWTX
MALOX
MFWTX vs. MALOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Global Total Return Fund (MFWTX) and BlackRock Global Allocation Fund (MALOX). 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.
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Dividends
MFWTX vs. MALOX - Dividend Comparison
MFWTX's dividend yield for the trailing twelve months is around 8.23%, more than MALOX's 7.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFWTX MFS Global Total Return Fund | 8.23% | 8.94% | 3.68% | 2.64% | 10.30% | 7.19% | 4.40% | 3.33% | 2.49% | 1.13% | 4.29% | 3.17% |
MALOX BlackRock Global Allocation Fund | 7.15% | 7.68% | 1.55% | 6.01% | 10.32% | 7.44% | 5.68% | 5.50% | 4.81% | 2.10% | 9.86% | 10.07% |
Drawdowns
MFWTX vs. MALOX - Drawdown Comparison
The maximum MFWTX drawdown since its inception was -33.14%, roughly equal to the maximum MALOX drawdown of -32.83%. Use the drawdown chart below to compare losses from any high point for MFWTX and MALOX.
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Volatility
MFWTX vs. MALOX - Volatility Comparison
The current volatility for MFS Global Total Return Fund (MFWTX) is 1.98%, while BlackRock Global Allocation Fund (MALOX) has a volatility of 2.21%. This indicates that MFWTX experiences smaller price fluctuations and is considered to be less risky than MALOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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