MGLIX vs. MDIJX

Last updated Jul 17, 2026

MGLIX (MFS Global Real Estate Fund) and MDIJX (MFS International Diversification Fund) are both mutual funds - MGLIX is a REIT fund managed by MFS, while MDIJX is a Foreign Large Cap Equities fund managed by MFS. Over the past 10 years, MGLIX returned 3.89%/yr vs 9.80%/yr for MDIJX. A 0.71 correlation means they provide meaningful diversification when combined. MGLIX charges 0.92%/yr vs 0.82%/yr for MDIJX.

Performance

MGLIX vs. MDIJX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Global Real Estate Fund (MGLIX) and MFS International Diversification Fund (MDIJX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MGLIX achieves a 10.88% return, which is significantly higher than MDIJX's 9.80% return. Over the past 10 years, MGLIX has underperformed MDIJX with an annualized return of 3.89%, while MDIJX has yielded a comparatively higher 9.80% annualized return.

MGLIX

• 1D: 0.22%
• 1M: 1.59%
• 6M: 8.25%
• YTD: 10.88%
• 1Y: 11.93%
• 3Y*: 5.36%
• 5Y*: -0.25%
• 10Y*: 3.89%

MDIJX

• 1D: 0.69%
• 1M: -0.42%
• 6M: 6.13%
• YTD: 9.80%
• 1Y: 20.21%
• 3Y*: 14.72%
• 5Y*: 7.47%
• 10Y*: 9.80%

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

MGLIX vs. MDIJX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MGLIX MFS Global Real Estate Fund	10.88%	3.60%	-2.85%	11.32%	-26.94%	29.71%	2.18%	26.29%	-3.68%	10.26%
MDIJX MFS International Diversification Fund	9.80%	27.84%	6.41%	14.37%	-17.12%	7.69%	15.26%	26.00%	-11.05%	30.29%

Correlation

The correlation between MGLIX and MDIJX is 0.61, 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	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Mar 11, 2009	0.71

The correlation between MGLIX and MDIJX shifts across timeframes, from 0.61 (1 year) to 0.71 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MGLIX vs. MDIJX — Risk / Return Rank

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

MGLIX

MGLIX Risk / Return Rank: 20
MGLIX Sharpe Ratio Rank: 20
MGLIX Sortino Ratio Rank: 20
MGLIX Omega Ratio Rank: 20
MGLIX Calmar Ratio Rank: 17
MGLIX Martin Ratio Rank: 22

MDIJX

MDIJX Risk / Return Rank: 42
MDIJX Sharpe Ratio Rank: 45
MDIJX Sortino Ratio Rank: 44
MDIJX Omega Ratio Rank: 46
MDIJX Calmar Ratio Rank: 35
MDIJX 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.

MGLIX vs. MDIJX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Global Real Estate Fund (MGLIX) and MFS International Diversification Fund (MDIJX). 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.

	MGLIX	MDIJX	Difference
Sharpe ratio: Return per unit of total volatility	1.03	1.52	-0.49
Sortino ratio: Return per unit of downside risk	1.49	2.12	-0.64
Omega ratio: Gain probability vs. loss probability	1.19	1.28	-0.09
Calmar ratio: Return relative to maximum drawdown	1.20	1.79	-0.59
Martin ratio: Return relative to average drawdown	4.32	6.67	-2.35

MGLIX vs. MDIJX - Sharpe Ratio Comparison

The current MGLIX Sharpe Ratio is 1.03, which is lower than the MDIJX Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of MGLIX and MDIJX, 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

MGLIX vs. MDIJX - Drawdown Comparison

The maximum MGLIX drawdown since its inception was -38.55%, smaller than the maximum MDIJX drawdown of -56.60%. Use the drawdown chart below to compare losses from any high point for MGLIX and MDIJX.

Drawdown Indicators

	MGLIX	MDIJX	Difference
Max Drawdown Largest peak-to-trough decline	-38.55%	-56.60%	+18.05%
Max Drawdown (1Y) Largest decline over 1 year	-10.69%	-11.40%	+0.71%
Max Drawdown (3Y) Largest decline over 3 years	-21.41%	-12.57%	-8.84%
Max Drawdown (5Y) Largest decline over 5 years	-35.01%	-30.19%	-4.82%
Max Drawdown (10Y) Largest decline over 10 years	-38.55%	-30.19%	-8.36%
Current Drawdown Current decline from peak	-9.25%	-1.07%	-8.18%
Average Drawdown Average peak-to-trough decline	-10.73%	-9.05%	-1.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	3.05%	-0.09%

Volatility

MGLIX vs. MDIJX - Volatility Comparison

MFS Global Real Estate Fund (MGLIX) and MFS International Diversification Fund (MDIJX) have volatilities of 3.98% and 4.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MGLIX	MDIJX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.98%	4.07%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	9.82%	11.45%	-1.63%
Volatility (1Y) Calculated over the trailing 1-year period	12.47%	13.43%	-0.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.57%	14.40%	+2.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.81%	14.52%	+2.29%

MGLIX vs. MDIJX - Expense Ratio Comparison

MGLIX has a 0.92% expense ratio, which is higher than MDIJX's 0.82% expense ratio.

Dividends

MGLIX vs. MDIJX - Dividend Comparison

MGLIX's dividend yield for the trailing twelve months is around 2.92%, less than MDIJX's 4.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MDIJX MFS International Diversification Fund	4.71%	5.17%	3.50%	4.14%	2.64%	2.70%	1.64%	2.50%	3.14%	1.63%	2.18%	1.69%
MGLIX MFS Global Real Estate Fund	2.92%	3.24%	2.59%	1.86%	5.97%	2.12%	1.00%	5.79%	3.15%	1.87%	5.62%	7.40%

Frequently Asked Questions

Can I hold both MGLIX and MDIJX in my portfolio?

MGLIX and MDIJX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MGLIX or MDIJX?

MDIJX has higher volatility (4.07%) compared to MGLIX (3.98%). In terms of maximum drawdown, MGLIX dropped -38.55% vs MDIJX's -56.60%.

Which has better risk-adjusted returns?

MDIJX currently has the higher Sharpe Ratio (1.52 vs 1.03), 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.