MGBJX vs. MINIX
MGBJX (MFS Global Opportunistic Bond Fund) and MINIX (MFS International Intrinsic Value Fund Class I) are both mutual funds - MGBJX is a Global Bonds fund managed by MFS, while MINIX is a Large Cap Growth Equities fund managed by MFS. Over the past 10 years, MGBJX returned 1.96%/yr vs 10.02%/yr for MINIX. At a 0.28 correlation, their price movements are largely independent. MGBJX charges 0.68%/yr vs 0.72%/yr for MINIX.
Performance
MGBJX vs. MINIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MGBJX achieves a 1.02% return, which is significantly lower than MINIX's 4.52% return. Over the past 10 years, MGBJX has underperformed MINIX with an annualized return of 1.96%, while MINIX has yielded a comparatively higher 10.02% annualized return.
MGBJX
- 1D
- 0.00%
- 1M
- 0.25%
- YTD
- 1.02%
- 6M
- 2.22%
- 1Y
- 3.76%
- 3Y*
- 4.74%
- 5Y*
- 0.87%
- 10Y*
- 1.96%
MINIX
- 1D
- 0.30%
- 1M
- -2.25%
- YTD
- 4.52%
- 6M
- 4.08%
- 1Y
- 16.16%
- 3Y*
- 16.15%
- 5Y*
- 7.40%
- 10Y*
- 10.02%
MGBJX vs. MINIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGBJX MFS Global Opportunistic Bond Fund | 1.02% | 5.91% | 2.45% | 8.19% | -11.31% | -2.97% | 10.92% | 8.56% | -2.04% | 7.78% |
MINIX MFS International Intrinsic Value Fund Class I | 4.52% | 33.06% | 7.35% | 18.04% | -23.05% | 10.55% | 20.45% | 25.90% | -9.02% | 27.14% |
Correlation
The correlation between MGBJX and MINIX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2010 | 0.28 |
Over the past year, MGBJX and MINIX have become more correlated (0.48) than their long-term average of 0.28, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MGBJX vs. MINIX — Risk / Return Rank
MGBJX
MINIX
MGBJX vs. MINIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Global Opportunistic Bond Fund (MGBJX) and MFS International Intrinsic Value Fund Class I (MINIX). 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.
| MGBJX | MINIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.20 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.38 | 1.32 | +0.06 |
| Martin ratioReturn relative to average drawdown | 4.06 | 4.53 | -0.47 |
Loading charts...
Drawdowns
MGBJX vs. MINIX - Drawdown Comparison
The maximum MGBJX drawdown since its inception was -17.96%, smaller than the maximum MINIX drawdown of -51.72%. Use the drawdown chart below to compare losses from any high point for MGBJX and MINIX.
Loading charts...
Drawdown Indicators
| MGBJX | MINIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.96% | -51.72% | +33.76% |
Max Drawdown (1Y)Largest decline over 1 year | -3.13% | -12.42% | +9.29% |
Max Drawdown (3Y)Largest decline over 3 years | -5.61% | -13.59% | +7.98% |
Max Drawdown (5Y)Largest decline over 5 years | -16.67% | -36.78% | +20.11% |
Max Drawdown (10Y)Largest decline over 10 years | -17.96% | -36.78% | +18.82% |
Current DrawdownCurrent decline from peak | -0.72% | -4.80% | +4.08% |
Average DrawdownAverage peak-to-trough decline | -5.61% | -8.60% | +2.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 3.62% | -2.55% |
Volatility
MGBJX vs. MINIX - Volatility Comparison
The current volatility for MFS Global Opportunistic Bond Fund (MGBJX) is 1.10%, while MFS International Intrinsic Value Fund Class I (MINIX) has a volatility of 5.33%. This indicates that MGBJX experiences smaller price fluctuations and is considered to be less risky than MINIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MGBJX | MINIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.10% | 5.33% | -4.23% |
Volatility (6M)Calculated over the trailing 6-month period | 2.90% | 11.94% | -9.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.53% | 14.49% | -10.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.37% | 16.75% | -12.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.66% | 15.50% | -10.84% |
MGBJX vs. MINIX - Expense Ratio Comparison
MGBJX has a 0.68% expense ratio, which is lower than MINIX's 0.72% expense ratio.
Dividends
MGBJX vs. MINIX - Dividend Comparison
MGBJX's dividend yield for the trailing twelve months is around 4.44%, less than MINIX's 7.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGBJX MFS Global Opportunistic Bond Fund | 4.44% | 4.50% | 3.03% | 1.99% | 3.42% | 5.25% | 3.61% | 2.29% | 2.19% | 1.59% | 1.68% | 2.18% |
MINIX MFS International Intrinsic Value Fund Class I | 7.43% | 7.77% | 12.02% | 11.21% | 13.90% | 7.25% | 5.25% | 3.94% | 4.49% | 2.62% | 1.82% | 3.20% |
Frequently Asked Questions
MGBJX and MINIX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MINIX has higher volatility (5.33%) compared to MGBJX (1.10%). In terms of maximum drawdown, MGBJX dropped -17.96% vs MINIX's -51.72%.
MGBJX currently has the higher Sharpe Ratio (1.23 vs 1.13), 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.
Find the right allocation for MGBJX and MINIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer