MGRAX vs. MHOIX
Compare and contrast key facts about MFS International Growth Fund (MGRAX) and MFS Global High Yield Fund (MHOIX).
MGRAX is managed by MFS. It was launched on Oct 23, 1995. MHOIX is managed by MFS. It was launched on Jul 1, 1998.
Performance
MGRAX vs. MHOIX - Performance Comparison
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MGRAX vs. MHOIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGRAX MFS International Growth Fund | -6.12% | 20.73% | 8.82% | 14.54% | -15.31% | 9.20% | 15.45% | 26.83% | -9.09% | 32.15% |
MHOIX MFS Global High Yield Fund | -1.41% | 8.54% | 7.55% | 11.97% | -10.72% | 2.97% | 4.28% | 14.28% | -2.83% | 7.36% |
Returns By Period
In the year-to-date period, MGRAX achieves a -6.12% return, which is significantly lower than MHOIX's -1.41% return. Over the past 10 years, MGRAX has outperformed MHOIX with an annualized return of 8.87%, while MHOIX has yielded a comparatively lower 4.96% annualized return.
MGRAX
- 1D
- 0.16%
- 1M
- -12.28%
- YTD
- -6.12%
- 6M
- -4.88%
- 1Y
- 8.80%
- 3Y*
- 9.00%
- 5Y*
- 5.36%
- 10Y*
- 8.87%
MHOIX
- 1D
- 0.00%
- 1M
- -2.27%
- YTD
- -1.41%
- 6M
- -0.17%
- 1Y
- 5.93%
- 3Y*
- 7.65%
- 5Y*
- 3.38%
- 10Y*
- 4.96%
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MGRAX vs. MHOIX - Expense Ratio Comparison
MGRAX has a 1.06% expense ratio, which is higher than MHOIX's 0.81% expense ratio.
Return for Risk
MGRAX vs. MHOIX — Risk / Return Rank
MGRAX
MHOIX
MGRAX vs. MHOIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International Growth Fund (MGRAX) and MFS Global High Yield Fund (MHOIX). 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.
| MGRAX | MHOIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.54 | 1.82 | -1.28 |
Sortino ratioReturn per unit of downside risk | 0.81 | 2.52 | -1.71 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.44 | -0.33 |
Calmar ratioReturn relative to maximum drawdown | 0.55 | 1.98 | -1.43 |
Martin ratioReturn relative to average drawdown | 2.21 | 8.71 | -6.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MGRAX | MHOIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.54 | 1.82 | -1.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.70 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.98 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 1.02 | -0.66 |
Correlation
The correlation between MGRAX and MHOIX is 0.39, 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
MGRAX vs. MHOIX - Dividend Comparison
MGRAX's dividend yield for the trailing twelve months is around 5.70%, more than MHOIX's 4.93% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGRAX MFS International Growth Fund | 5.70% | 5.35% | 5.99% | 2.56% | 2.69% | 6.62% | 0.56% | 1.42% | 3.82% | 2.26% | 1.01% | 1.06% |
MHOIX MFS Global High Yield Fund | 4.93% | 5.27% | 4.68% | 4.03% | 7.71% | 5.57% | 4.45% | 4.79% | 4.96% | 4.99% | 5.84% | 7.64% |
Drawdowns
MGRAX vs. MHOIX - Drawdown Comparison
The maximum MGRAX drawdown since its inception was -55.29%, which is greater than MHOIX's maximum drawdown of -40.07%. Use the drawdown chart below to compare losses from any high point for MGRAX and MHOIX.
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Drawdown Indicators
| MGRAX | MHOIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.29% | -40.07% | -15.22% |
Max Drawdown (1Y)Largest decline over 1 year | -12.42% | -3.05% | -9.37% |
Max Drawdown (5Y)Largest decline over 5 years | -30.58% | -16.50% | -14.08% |
Max Drawdown (10Y)Largest decline over 10 years | -30.58% | -19.76% | -10.82% |
Current DrawdownCurrent decline from peak | -12.28% | -2.27% | -10.01% |
Average DrawdownAverage peak-to-trough decline | -10.89% | -3.41% | -7.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.09% | 0.70% | +2.39% |
Volatility
MGRAX vs. MHOIX - Volatility Comparison
MFS International Growth Fund (MGRAX) has a higher volatility of 5.79% compared to MFS Global High Yield Fund (MHOIX) at 1.10%. This indicates that MGRAX's price experiences larger fluctuations and is considered to be riskier than MHOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGRAX | MHOIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.79% | 1.10% | +4.69% |
Volatility (6M)Calculated over the trailing 6-month period | 9.52% | 2.09% | +7.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.28% | 3.44% | +10.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.39% | 4.88% | +10.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.64% | 5.06% | +10.58% |