Correlation
The correlation between MGWIX and JANEX is 0.91, 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.
MGWIX vs. JANEX
Compare and contrast key facts about MFS Growth Allocation Fund (MGWIX) and Janus Henderson Enterprise Fund (JANEX).
MGWIX is managed by MFS. It was launched on Jun 27, 2002. JANEX is managed by Janus Henderson. It was launched on Sep 1, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGWIX or JANEX.
Performance
MGWIX vs. JANEX - Performance Comparison
Loading data...
Key characteristics
MGWIX:
0.78
JANEX:
0.54
MGWIX:
1.01
JANEX:
0.72
MGWIX:
1.14
JANEX:
1.10
MGWIX:
0.70
JANEX:
0.41
MGWIX:
3.07
JANEX:
1.46
MGWIX:
2.78%
JANEX:
5.49%
MGWIX:
12.71%
JANEX:
19.10%
MGWIX:
-47.69%
JANEX:
-38.24%
MGWIX:
-0.55%
JANEX:
-5.81%
Returns By Period
In the year-to-date period, MGWIX achieves a 4.60% return, which is significantly higher than JANEX's -0.23% return. Over the past 10 years, MGWIX has underperformed JANEX with an annualized return of 8.09%, while JANEX has yielded a comparatively higher 11.29% annualized return.
MGWIX
4.60%
4.30%
1.32%
9.88%
7.83%
9.56%
8.09%
JANEX
-0.23%
5.39%
-5.53%
10.24%
9.22%
11.42%
11.29%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MGWIX vs. JANEX - Expense Ratio Comparison
MGWIX has a 0.69% expense ratio, which is lower than JANEX's 0.79% expense ratio.
Risk-Adjusted Performance
MGWIX vs. JANEX — Risk-Adjusted Performance Rank
MGWIX
JANEX
MGWIX vs. JANEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Growth Allocation Fund (MGWIX) and Janus Henderson Enterprise Fund (JANEX). 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.
Loading data...
Dividends
MGWIX vs. JANEX - Dividend Comparison
MGWIX's dividend yield for the trailing twelve months is around 5.96%, less than JANEX's 7.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGWIX MFS Growth Allocation Fund | 5.96% | 6.24% | 3.84% | 4.83% | 7.28% | 3.79% | 5.00% | 6.89% | 5.04% | 3.11% | 5.08% | 1.83% |
JANEX Janus Henderson Enterprise Fund | 7.02% | 7.00% | 7.52% | 10.51% | 15.98% | 8.46% | 4.45% | 6.38% | 1.87% | 1.74% | 3.92% | 5.78% |
Drawdowns
MGWIX vs. JANEX - Drawdown Comparison
The maximum MGWIX drawdown since its inception was -47.69%, which is greater than JANEX's maximum drawdown of -38.24%. Use the drawdown chart below to compare losses from any high point for MGWIX and JANEX.
Loading data...
Volatility
MGWIX vs. JANEX - Volatility Comparison
The current volatility for MFS Growth Allocation Fund (MGWIX) is 2.87%, while Janus Henderson Enterprise Fund (JANEX) has a volatility of 4.58%. This indicates that MGWIX experiences smaller price fluctuations and is considered to be less risky than JANEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...