MGWIX vs. VOO
Compare and contrast key facts about MFS Growth Allocation Fund (MGWIX) and Vanguard S&P 500 ETF (VOO).
MGWIX is managed by MFS. It was launched on Jun 27, 2002. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGWIX or VOO.
Correlation
The correlation between MGWIX and VOO is 0.93, 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
MGWIX vs. VOO - Performance Comparison
Key characteristics
MGWIX:
0.81
VOO:
1.76
MGWIX:
1.11
VOO:
2.37
MGWIX:
1.15
VOO:
1.32
MGWIX:
0.80
VOO:
2.66
MGWIX:
3.05
VOO:
11.10
MGWIX:
2.57%
VOO:
2.02%
MGWIX:
9.67%
VOO:
12.79%
MGWIX:
-44.48%
VOO:
-33.99%
MGWIX:
-4.73%
VOO:
-2.11%
Returns By Period
In the year-to-date period, MGWIX achieves a 3.00% return, which is significantly higher than VOO's 2.40% return. Over the past 10 years, MGWIX has underperformed VOO with an annualized return of 4.90%, while VOO has yielded a comparatively higher 13.03% annualized return.
MGWIX
3.00%
-0.24%
-1.21%
6.55%
4.42%
4.90%
VOO
2.40%
-1.05%
7.47%
19.81%
14.27%
13.03%
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MGWIX vs. VOO - Expense Ratio Comparison
MGWIX has a 0.69% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
MGWIX vs. VOO — Risk-Adjusted Performance Rank
MGWIX
VOO
MGWIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Growth Allocation Fund (MGWIX) and Vanguard S&P 500 ETF (VOO). 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
MGWIX vs. VOO - Dividend Comparison
MGWIX's dividend yield for the trailing twelve months is around 2.26%, more than VOO's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGWIX MFS Growth Allocation Fund | 2.26% | 2.33% | 1.90% | 2.55% | 3.40% | 1.17% | 1.78% | 2.43% | 2.19% | 1.48% | 1.87% | 1.83% |
VOO Vanguard S&P 500 ETF | 1.22% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
MGWIX vs. VOO - Drawdown Comparison
The maximum MGWIX drawdown since its inception was -44.48%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MGWIX and VOO. For additional features, visit the drawdowns tool.
Volatility
MGWIX vs. VOO - Volatility Comparison
The current volatility for MFS Growth Allocation Fund (MGWIX) is 2.27%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.38%. This indicates that MGWIX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.