MFWTX vs. MIGFX
MFWTX (MFS Global Total Return Fund) and MIGFX (MFS Massachusetts Investors Growth Stock Fund) are both mutual funds - MFWTX is a Global Allocation fund managed by MFS, while MIGFX is a Large Cap Growth Equities fund managed by MFS. Over the past 10 years, MFWTX returned 6.44%/yr vs 14.60%/yr for MIGFX. A 0.70 correlation means they provide meaningful diversification when combined. MFWTX charges 1.09%/yr vs 0.70%/yr for MIGFX.
Performance
MFWTX vs. MIGFX - Performance Comparison
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Returns By Period
In the year-to-date period, MFWTX achieves a 4.62% return, which is significantly higher than MIGFX's -4.19% return. Over the past 10 years, MFWTX has underperformed MIGFX with an annualized return of 6.44%, while MIGFX has yielded a comparatively higher 14.60% annualized return.
MFWTX
- 1D
- -0.11%
- 1M
- -0.06%
- YTD
- 4.62%
- 6M
- 4.44%
- 1Y
- 12.65%
- 3Y*
- 10.35%
- 5Y*
- 4.89%
- 10Y*
- 6.44%
MIGFX
- 1D
- -1.19%
- 1M
- -1.87%
- YTD
- -4.19%
- 6M
- -4.92%
- 1Y
- 5.07%
- 3Y*
- 13.54%
- 5Y*
- 8.88%
- 10Y*
- 14.60%
MFWTX vs. MIGFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MFWTX MFS Global Total Return Fund | 4.62% | 15.48% | 3.92% | 10.29% | -10.86% | 8.31% | 9.35% | 18.25% | -7.19% | 14.77% |
MIGFX MFS Massachusetts Investors Growth Stock Fund | -4.19% | 9.97% | 27.25% | 24.13% | -19.20% | 26.06% | 22.55% | 39.89% | 0.81% | 28.68% |
Correlation
The correlation between MFWTX and MIGFX is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 1990 | 0.70 |
The correlation between MFWTX and MIGFX shifts across timeframes, from 0.68 (1 year) to 0.79 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
MFWTX vs. MIGFX — Risk / Return Rank
MFWTX
MIGFX
MFWTX vs. MIGFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Global Total Return Fund (MFWTX) and MFS Massachusetts Investors Growth Stock Fund (MIGFX). 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.
| MFWTX | MIGFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.28 | ||
| Sortino ratioReturn per unit of downside risk | +1.82 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.09 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.97 | 0.45 | +1.52 |
| Martin ratioReturn relative to average drawdown | 6.93 | 1.45 | +5.48 |
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Drawdowns
MFWTX vs. MIGFX - Drawdown Comparison
The maximum MFWTX drawdown since its inception was -33.22%, smaller than the maximum MIGFX drawdown of -61.83%. Use the drawdown chart below to compare losses from any high point for MFWTX and MIGFX.
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Drawdown Indicators
| MFWTX | MIGFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.22% | -61.83% | +28.61% |
Max Drawdown (1Y)Largest decline over 1 year | -6.72% | -13.77% | +7.05% |
Max Drawdown (3Y)Largest decline over 3 years | -8.68% | -18.68% | +10.00% |
Max Drawdown (5Y)Largest decline over 5 years | -20.36% | -26.67% | +6.31% |
Max Drawdown (10Y)Largest decline over 10 years | -23.37% | -32.42% | +9.05% |
Current DrawdownCurrent decline from peak | -1.73% | -6.18% | +4.45% |
Average DrawdownAverage peak-to-trough decline | -3.55% | -18.94% | +15.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.90% | 4.27% | -2.37% |
Volatility
MFWTX vs. MIGFX - Volatility Comparison
The current volatility for MFS Global Total Return Fund (MFWTX) is 2.21%, while MFS Massachusetts Investors Growth Stock Fund (MIGFX) has a volatility of 4.89%. This indicates that MFWTX experiences smaller price fluctuations and is considered to be less risky than MIGFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MFWTX | MIGFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.21% | 4.89% | -2.68% |
Volatility (6M)Calculated over the trailing 6-month period | 5.90% | 10.69% | -4.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.58% | 13.21% | -5.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.14% | 17.61% | -8.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.63% | 18.26% | -8.63% |
MFWTX vs. MIGFX - Expense Ratio Comparison
MFWTX has a 1.09% expense ratio, which is higher than MIGFX's 0.70% expense ratio.
Dividends
MFWTX vs. MIGFX - Dividend Comparison
MFWTX's dividend yield for the trailing twelve months is around 8.04%, less than MIGFX's 11.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFWTX MFS Global Total Return Fund | 8.04% | 8.42% | 8.94% | 3.69% | 2.64% | 10.29% | 7.20% | 4.41% | 3.33% | 2.17% | 1.13% | 4.29% |
MIGFX MFS Massachusetts Investors Growth Stock Fund | 11.89% | 11.39% | 17.15% | 4.11% | 4.49% | 10.47% | 7.43% | 7.39% | 10.76% | 6.87% | 5.12% | 6.51% |
Frequently Asked Questions
MFWTX and MIGFX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MIGFX has higher volatility (4.89%) compared to MFWTX (2.21%). In terms of maximum drawdown, MFWTX dropped -33.22% vs MIGFX's -61.83%.
MFWTX currently has the higher Sharpe Ratio (1.75 vs 0.47), 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.
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