MGTIX vs. SCHG
Compare and contrast key facts about MFS Massachusetts Investors Growth Stock Fund (MGTIX) and Schwab U.S. Large-Cap Growth ETF (SCHG).
MGTIX is managed by MFS. It was launched on Jan 1, 1932. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGTIX or SCHG.
Correlation
The correlation between MGTIX and SCHG is 0.92, 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
MGTIX vs. SCHG - Performance Comparison
Key characteristics
MGTIX:
0.52
SCHG:
1.64
MGTIX:
0.73
SCHG:
2.19
MGTIX:
1.11
SCHG:
1.30
MGTIX:
0.64
SCHG:
2.37
MGTIX:
1.80
SCHG:
8.98
MGTIX:
4.16%
SCHG:
3.27%
MGTIX:
14.34%
SCHG:
17.91%
MGTIX:
-60.39%
SCHG:
-34.59%
MGTIX:
-7.73%
SCHG:
-1.27%
Returns By Period
In the year-to-date period, MGTIX achieves a 3.29% return, which is significantly higher than SCHG's 3.09% return. Over the past 10 years, MGTIX has underperformed SCHG with an annualized return of 6.60%, while SCHG has yielded a comparatively higher 16.44% annualized return.
MGTIX
3.29%
0.64%
-1.46%
7.67%
5.82%
6.60%
SCHG
3.09%
0.91%
13.95%
31.06%
18.74%
16.44%
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MGTIX vs. SCHG - Expense Ratio Comparison
MGTIX has a 0.45% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Risk-Adjusted Performance
MGTIX vs. SCHG — Risk-Adjusted Performance Rank
MGTIX
SCHG
MGTIX vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Massachusetts Investors Growth Stock Fund (MGTIX) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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
MGTIX vs. SCHG - Dividend Comparison
MGTIX's dividend yield for the trailing twelve months is around 0.44%, more than SCHG's 0.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGTIX MFS Massachusetts Investors Growth Stock Fund | 0.44% | 0.46% | 0.63% | 0.70% | 0.39% | 0.39% | 0.48% | 1.32% | 1.01% | 1.04% | 1.15% | 4.84% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.38% | 0.40% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% | 1.09% |
Drawdowns
MGTIX vs. SCHG - Drawdown Comparison
The maximum MGTIX drawdown since its inception was -60.39%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for MGTIX and SCHG. For additional features, visit the drawdowns tool.
Volatility
MGTIX vs. SCHG - Volatility Comparison
The current volatility for MFS Massachusetts Investors Growth Stock Fund (MGTIX) is 2.96%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 5.01%. This indicates that MGTIX experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.