Correlation
The correlation between MGTIX and MIGFX is 0.95, 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.
MGTIX vs. MIGFX
Compare and contrast key facts about MFS Massachusetts Investors Growth Stock Fund (MGTIX) and MFS Massachusetts Investors Growth Stock Fund (MIGFX).
MGTIX is managed by MFS. It was launched on Jan 1, 1932. MIGFX is managed by MFS. It was launched on Jan 1, 1935.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGTIX or MIGFX.
Performance
MGTIX vs. MIGFX - Performance Comparison
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Key characteristics
MGTIX:
0.41
MIGFX:
0.40
MGTIX:
0.55
MIGFX:
0.53
MGTIX:
1.08
MIGFX:
1.07
MGTIX:
0.29
MIGFX:
0.28
MGTIX:
1.09
MIGFX:
1.03
MGTIX:
4.99%
MIGFX:
5.01%
MGTIX:
18.40%
MIGFX:
18.32%
MGTIX:
-60.39%
MIGFX:
-61.53%
MGTIX:
-4.57%
MIGFX:
-4.65%
Returns By Period
In the year-to-date period, MGTIX achieves a -0.66% return, which is significantly higher than MIGFX's -0.76% return. Both investments have delivered pretty close results over the past 10 years, with MGTIX having a 13.04% annualized return and MIGFX not far behind at 12.77%.
MGTIX
-0.66%
5.46%
-2.92%
6.84%
10.90%
13.24%
13.04%
MIGFX
-0.76%
5.44%
-3.04%
6.56%
10.63%
12.95%
12.77%
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MGTIX vs. MIGFX - Expense Ratio Comparison
MGTIX has a 0.45% expense ratio, which is lower than MIGFX's 0.70% expense ratio.
Risk-Adjusted Performance
MGTIX vs. MIGFX — Risk-Adjusted Performance Rank
MGTIX
MIGFX
MGTIX vs. MIGFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Massachusetts Investors Growth Stock Fund (MGTIX) and MFS Massachusetts Investors Growth Stock Fund (MIGFX). 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.
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Dividends
MGTIX vs. MIGFX - Dividend Comparison
MGTIX's dividend yield for the trailing twelve months is around 8.49%, less than MIGFX's 8.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGTIX MFS Massachusetts Investors Growth Stock Fund | 8.49% | 8.44% | 4.17% | 4.59% | 10.30% | 7.43% | 7.39% | 10.72% | 6.83% | 6.04% | 6.62% | 3.97% |
MIGFX MFS Massachusetts Investors Growth Stock Fund | 8.66% | 8.59% | 4.11% | 4.49% | 10.47% | 7.43% | 7.40% | 10.77% | 6.87% | 5.92% | 6.51% | 3.80% |
Drawdowns
MGTIX vs. MIGFX - Drawdown Comparison
The maximum MGTIX drawdown since its inception was -60.39%, roughly equal to the maximum MIGFX drawdown of -61.53%. Use the drawdown chart below to compare losses from any high point for MGTIX and MIGFX.
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Volatility
MGTIX vs. MIGFX - Volatility Comparison
MFS Massachusetts Investors Growth Stock Fund (MGTIX) and MFS Massachusetts Investors Growth Stock Fund (MIGFX) have volatilities of 4.95% and 4.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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