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.
Performance
MGWIX vs. VOO - Performance Comparison
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MGWIX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGWIX MFS Growth Allocation Fund | -1.13% | 13.63% | 10.71% | 14.86% | -15.92% | 16.01% | 14.75% | 26.55% | -5.59% | 19.22% |
VOO Vanguard S&P 500 ETF | -3.66% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Returns By Period
In the year-to-date period, MGWIX achieves a -1.13% return, which is significantly higher than VOO's -3.66% return. Over the past 10 years, MGWIX has underperformed VOO with an annualized return of 9.22%, while VOO has yielded a comparatively higher 14.14% annualized return.
MGWIX
- 1D
- 2.06%
- 1M
- -4.92%
- YTD
- -1.13%
- 6M
- 0.06%
- 1Y
- 11.84%
- 3Y*
- 11.04%
- 5Y*
- 6.03%
- 10Y*
- 9.22%
VOO
- 1D
- 0.79%
- 1M
- -4.29%
- YTD
- -3.66%
- 6M
- -1.41%
- 1Y
- 18.17%
- 3Y*
- 18.58%
- 5Y*
- 11.93%
- 10Y*
- 14.14%
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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.
Return for Risk
MGWIX vs. VOO — Risk / Return Rank
MGWIX
VOO
MGWIX vs. VOO - Risk-Adjusted Trends 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.
| MGWIX | VOO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.00 | 1.01 | -0.01 |
Sortino ratioReturn per unit of downside risk | 1.46 | 1.53 | -0.08 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.23 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.32 | 1.55 | -0.24 |
Martin ratioReturn relative to average drawdown | 5.95 | 7.31 | -1.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MGWIX | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.00 | 1.01 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.71 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.79 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.83 | -0.26 |
Correlation
The correlation between MGWIX and VOO is 0.94, 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.
Dividends
MGWIX vs. VOO - Dividend Comparison
MGWIX's dividend yield for the trailing twelve months is around 8.34%, more than VOO's 1.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGWIX MFS Growth Allocation Fund | 8.34% | 8.24% | 6.24% | 3.84% | 4.83% | 7.28% | 3.79% | 5.00% | 6.89% | 5.04% | 3.11% | 5.08% |
VOO Vanguard S&P 500 ETF | 1.18% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Drawdowns
MGWIX vs. VOO - Drawdown Comparison
The maximum MGWIX drawdown since its inception was -47.83%, 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.
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Drawdown Indicators
| MGWIX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.83% | -33.99% | -13.84% |
Max Drawdown (1Y)Largest decline over 1 year | -9.31% | -11.98% | +2.67% |
Max Drawdown (5Y)Largest decline over 5 years | -23.39% | -24.52% | +1.13% |
Max Drawdown (10Y)Largest decline over 10 years | -29.09% | -33.99% | +4.90% |
Current DrawdownCurrent decline from peak | -5.42% | -5.55% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -5.39% | -3.72% | -1.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | 2.55% | -0.49% |
Volatility
MGWIX vs. VOO - Volatility Comparison
The current volatility for MFS Growth Allocation Fund (MGWIX) is 4.14%, while Vanguard S&P 500 ETF (VOO) has a volatility of 5.34%. 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.
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Volatility by Period
| MGWIX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.14% | 5.34% | -1.20% |
Volatility (6M)Calculated over the trailing 6-month period | 6.96% | 9.47% | -2.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.22% | 18.11% | -5.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.11% | 16.82% | -4.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.83% | 17.99% | -5.16% |