MGIAX vs. CCRV

Last updated Apr 2, 2026

Compare and contrast key facts about MFS International Intrinsic Value Fund (MGIAX) and iShares Commodity Curve Carry Strategy ETF (CCRV).

MGIAX is managed by MFS. It was launched on Oct 23, 1995. CCRV is a passively managed fund by iShares that tracks the performance of the CCRV-US - ICE BofA Commodity Enhanced Carry Index. It was launched on Sep 1, 2020.

Performance

MGIAX vs. CCRV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS International Intrinsic Value Fund (MGIAX) and iShares Commodity Curve Carry Strategy ETF (CCRV). The values are adjusted to include any dividend payments, if applicable.

MGIAX vs. CCRV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MGIAX MFS International Intrinsic Value Fund	-0.30%	32.75%	7.07%	17.76%	-23.24%	10.25%	9.83%
CCRV iShares Commodity Curve Carry Strategy ETF	0.00%	-0.05%	5.74%	5.47%	19.91%	33.78%	7.37%

Returns By Period

MGIAX

• 1D: 3.13%
• 1M: -7.33%
• YTD: -0.30%
• 6M: 3.29%
• 1Y: 21.84%
• 3Y*: 15.25%
• 5Y*: 7.21%
• 10Y*: 9.64%

CCRV

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MGIAX vs. CCRV - Expense Ratio Comparison

MGIAX has a 0.96% expense ratio, which is higher than CCRV's 0.40% expense ratio.

MGIAX

MFS International Intrinsic Value Fund

CCRV

iShares Commodity Curve Carry Strategy ETF

Return for Risk

MGIAX vs. CCRV — Risk / Return Rank

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

MGIAX

MGIAX Risk / Return Rank: 70
MGIAX Sharpe Ratio Rank: 75
MGIAX Sortino Ratio Rank: 72
MGIAX Omega Ratio Rank: 70
MGIAX Calmar Ratio Rank: 68
MGIAX Martin Ratio Rank: 67

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.

MGIAX vs. CCRV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS International Intrinsic Value Fund (MGIAX) and iShares Commodity Curve Carry Strategy ETF (CCRV). 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.

	MGIAX	CCRV	Difference
Sharpe ratio Return per unit of total volatility	1.39	—	—
Sortino ratio Return per unit of downside risk	1.86	—	—
Omega ratio Gain probability vs. loss probability	1.28	—	—
Calmar ratio Return relative to maximum drawdown	1.69	—	—
Martin ratio Return relative to average drawdown	6.63	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MGIAX	CCRV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	—	—

Correlation

The correlation between MGIAX and CCRV is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MGIAX vs. CCRV - Dividend Comparison

MGIAX's dividend yield for the trailing twelve months is around 8.31%, while CCRV has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MGIAX MFS International Intrinsic Value Fund	8.31%	8.28%	12.79%	11.81%	14.57%	7.59%	5.30%	3.89%	4.41%	2.48%	1.62%	3.10%
CCRV iShares Commodity Curve Carry Strategy ETF	0.00%	0.00%	4.43%	7.26%	33.27%	26.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	MGIAX	CCRV	Difference
Max Drawdown Largest peak-to-trough decline	-51.94%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-12.43%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-37.13%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.13%	—	—
Current Drawdown Current decline from peak	-9.15%	—	—
Average Drawdown Average peak-to-trough decline	-8.66%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	—	—

Volatility

Volatility by Period

	MGIAX	CCRV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.84%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.56%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.01%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.58%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.58%	—	—