MGRDX vs. SPY
Compare and contrast key facts about MFS International Growth Fund R6 (MGRDX) and State Street SPDR S&P 500 ETF (SPY).
MGRDX is an actively managed fund by MFS. It was launched on May 1, 2006. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Performance
MGRDX vs. SPY - Performance Comparison
Loading graphics...
MGRDX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGRDX MFS International Growth Fund R6 | -6.04% | 21.18% | 9.22% | 14.99% | -15.00% | 9.61% | 15.82% | 27.32% | -8.79% | 32.56% |
SPY State Street SPDR S&P 500 ETF | -4.37% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, MGRDX achieves a -6.04% return, which is significantly lower than SPY's -4.37% return. Over the past 10 years, MGRDX has underperformed SPY with an annualized return of 9.26%, while SPY has yielded a comparatively higher 13.98% annualized return.
MGRDX
- 1D
- 0.16%
- 1M
- -12.25%
- YTD
- -6.04%
- 6M
- -4.72%
- 1Y
- 9.18%
- 3Y*
- 9.39%
- 5Y*
- 5.75%
- 10Y*
- 9.26%
SPY
- 1D
- 2.91%
- 1M
- -4.94%
- YTD
- -4.37%
- 6M
- -1.82%
- 1Y
- 17.59%
- 3Y*
- 18.19%
- 5Y*
- 11.69%
- 10Y*
- 13.98%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MGRDX vs. SPY - Expense Ratio Comparison
MGRDX has a 0.72% expense ratio, which is higher than SPY's 0.09% expense ratio.
Return for Risk
MGRDX vs. SPY — Risk / Return Rank
MGRDX
SPY
MGRDX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International Growth Fund R6 (MGRDX) and State Street SPDR S&P 500 ETF (SPY). 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.
| MGRDX | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.57 | 0.93 | -0.36 |
Sortino ratioReturn per unit of downside risk | 0.84 | 1.45 | -0.61 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.22 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 0.58 | 1.53 | -0.94 |
Martin ratioReturn relative to average drawdown | 2.34 | 7.30 | -4.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MGRDX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.57 | 0.93 | -0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.69 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.78 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.56 | -0.29 |
Correlation
The correlation between MGRDX and SPY is 0.77, 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.
Dividends
MGRDX vs. SPY - Dividend Comparison
MGRDX's dividend yield for the trailing twelve months is around 5.99%, more than SPY's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGRDX MFS International Growth Fund R6 | 5.99% | 5.63% | 6.35% | 2.90% | 3.06% | 6.97% | 0.80% | 1.51% | 4.20% | 2.61% | 1.45% | 1.20% |
SPY State Street SPDR S&P 500 ETF | 1.14% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
MGRDX vs. SPY - Drawdown Comparison
The maximum MGRDX drawdown since its inception was -60.75%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MGRDX and SPY.
Loading graphics...
Drawdown Indicators
| MGRDX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.75% | -55.19% | -5.56% |
Max Drawdown (1Y)Largest decline over 1 year | -12.39% | -12.05% | -0.34% |
Max Drawdown (5Y)Largest decline over 5 years | -30.60% | -24.50% | -6.10% |
Max Drawdown (10Y)Largest decline over 10 years | -30.60% | -33.72% | +3.12% |
Current DrawdownCurrent decline from peak | -12.25% | -6.24% | -6.01% |
Average DrawdownAverage peak-to-trough decline | -12.49% | -9.09% | -3.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 2.52% | +0.56% |
Volatility
MGRDX vs. SPY - Volatility Comparison
MFS International Growth Fund R6 (MGRDX) has a higher volatility of 5.78% compared to State Street SPDR S&P 500 ETF (SPY) at 5.31%. This indicates that MGRDX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MGRDX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.78% | 5.31% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 9.51% | 9.47% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.28% | 19.05% | -4.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.46% | 17.06% | -1.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.68% | 17.92% | -2.24% |