MGRAX vs. MTCIX
Compare and contrast key facts about MFS International Growth Fund (MGRAX) and MFS Technology Fund (MTCIX).
MGRAX is managed by MFS. It was launched on Oct 23, 1995. MTCIX is managed by MFS. It was launched on Jan 1, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGRAX or MTCIX.
Correlation
The correlation between MGRAX and MTCIX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MGRAX vs. MTCIX - Performance Comparison
Key characteristics
MGRAX:
0.48
MTCIX:
1.11
MGRAX:
0.71
MTCIX:
1.44
MGRAX:
1.10
MTCIX:
1.23
MGRAX:
0.47
MTCIX:
0.86
MGRAX:
1.49
MTCIX:
5.22
MGRAX:
4.35%
MTCIX:
5.21%
MGRAX:
13.47%
MTCIX:
24.59%
MGRAX:
-53.93%
MTCIX:
-81.20%
MGRAX:
-12.86%
MTCIX:
-15.24%
Returns By Period
In the year-to-date period, MGRAX achieves a 0.90% return, which is significantly lower than MTCIX's 1.35% return. Over the past 10 years, MGRAX has underperformed MTCIX with an annualized return of 7.29%, while MTCIX has yielded a comparatively higher 11.49% annualized return.
MGRAX
0.90%
-8.72%
-3.57%
5.43%
4.82%
7.29%
MTCIX
1.35%
-12.85%
-6.08%
23.78%
6.46%
11.49%
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MGRAX vs. MTCIX - Expense Ratio Comparison
MGRAX has a 1.06% expense ratio, which is higher than MTCIX's 0.88% expense ratio.
Risk-Adjusted Performance
MGRAX vs. MTCIX — Risk-Adjusted Performance Rank
MGRAX
MTCIX
MGRAX vs. MTCIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International Growth Fund (MGRAX) and MFS Technology Fund (MTCIX). 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.
Dividends
MGRAX vs. MTCIX - Dividend Comparison
Neither MGRAX nor MTCIX has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGRAX MFS International Growth Fund | 0.00% | 0.00% | 1.19% | 0.86% | 0.73% | 0.56% | 0.94% | 0.98% | 0.69% | 1.01% | 1.00% | 3.58% |
MTCIX MFS Technology Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.62% | 3.31% |
Drawdowns
MGRAX vs. MTCIX - Drawdown Comparison
The maximum MGRAX drawdown since its inception was -53.93%, smaller than the maximum MTCIX drawdown of -81.20%. Use the drawdown chart below to compare losses from any high point for MGRAX and MTCIX. For additional features, visit the drawdowns tool.
Volatility
MGRAX vs. MTCIX - Volatility Comparison
The current volatility for MFS International Growth Fund (MGRAX) is 6.54%, while MFS Technology Fund (MTCIX) has a volatility of 14.33%. This indicates that MGRAX experiences smaller price fluctuations and is considered to be less risky than MTCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.