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 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MGRAX vs. MTCIX - Performance Comparison
Key characteristics
MGRAX:
0.86
MTCIX:
0.06
MGRAX:
1.23
MTCIX:
0.27
MGRAX:
1.17
MTCIX:
1.04
MGRAX:
0.78
MTCIX:
0.05
MGRAX:
2.16
MTCIX:
0.13
MGRAX:
6.20%
MTCIX:
12.65%
MGRAX:
15.61%
MTCIX:
30.19%
MGRAX:
-53.93%
MTCIX:
-81.20%
MGRAX:
-3.73%
MTCIX:
-22.86%
Returns By Period
In the year-to-date period, MGRAX achieves a 10.13% return, which is significantly higher than MTCIX's -7.77% return. Over the past 10 years, MGRAX has underperformed MTCIX with an annualized return of 5.86%, while MTCIX has yielded a comparatively higher 10.02% annualized return.
MGRAX
10.13%
11.45%
1.49%
10.93%
8.35%
5.86%
MTCIX
-7.77%
16.81%
-12.99%
-1.28%
4.71%
10.02%
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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
MGRAX's dividend yield for the trailing twelve months is around 1.20%, less than MTCIX's 14.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGRAX MFS International Growth Fund | 1.20% | 1.32% | 1.19% | 0.86% | 0.73% | 0.56% | 0.94% | 0.98% | 0.69% | 1.01% | 1.00% | 3.58% |
MTCIX MFS Technology Fund | 14.52% | 13.39% | 9.66% | 10.35% | 11.58% | 4.97% | 1.94% | 4.97% | 3.51% | 1.84% | 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 8.63%, while MFS Technology Fund (MTCIX) has a volatility of 17.45%. 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.