MGRVX vs. GLDM
Compare and contrast key facts about MFS International Growth Fund Class R4 (MGRVX) and SPDR Gold MiniShares Trust (GLDM).
MGRVX is managed by MFS. It was launched on Oct 1, 2008. GLDM is a passively managed fund by State Street that tracks the performance of the LBMA Gold PM Price. It was launched on Jun 25, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGRVX or GLDM.
Key characteristics
| MGRVX | GLDM | |
|---|---|---|
| YTD Return | 15.88% | 31.75% |
| 1Y Return | 32.13% | 37.29% |
| 3Y Return (Ann) | 4.34% | 14.85% |
| 5Y Return (Ann) | 9.14% | 12.65% |
| Sharpe Ratio | 2.57 | 2.71 |
| Sortino Ratio | 3.66 | 3.64 |
| Omega Ratio | 1.45 | 1.47 |
| Calmar Ratio | 1.84 | 5.65 |
| Martin Ratio | 14.92 | 17.15 |
| Ulcer Index | 2.09% | 2.19% |
| Daily Std Dev | 12.10% | 13.93% |
| Max Drawdown | -35.29% | -21.63% |
| Current Drawdown | -2.87% | 0.00% |
Correlation
The correlation between MGRVX and GLDM is 0.23, 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.
Performance
MGRVX vs. GLDM - Performance Comparison
In the year-to-date period, MGRVX achieves a 15.88% return, which is significantly lower than GLDM's 31.75% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MGRVX vs. GLDM - Expense Ratio Comparison
MGRVX has a 0.83% expense ratio, which is higher than GLDM's 0.18% expense ratio.
Risk-Adjusted Performance
MGRVX vs. GLDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International Growth Fund Class R4 (MGRVX) and SPDR Gold MiniShares Trust (GLDM). 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
MGRVX vs. GLDM - Dividend Comparison
MGRVX's dividend yield for the trailing twelve months is around 2.35%, while GLDM has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGRVX MFS International Growth Fund Class R4 | 2.35% | 2.73% | 2.94% | 6.84% | 0.72% | 1.48% | 4.10% | 2.53% | 1.22% | 1.15% | 4.04% | 1.75% |
GLDM SPDR Gold MiniShares Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MGRVX vs. GLDM - Drawdown Comparison
The maximum MGRVX drawdown since its inception was -35.29%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for MGRVX and GLDM. For additional features, visit the drawdowns tool.
Volatility
MGRVX vs. GLDM - Volatility Comparison
MFS International Growth Fund Class R4 (MGRVX) has a higher volatility of 3.73% compared to SPDR Gold MiniShares Trust (GLDM) at 2.98%. This indicates that MGRVX's price experiences larger fluctuations and is considered to be riskier than GLDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.