MHITX vs. GOVT
Compare and contrast key facts about MFS High Income Fund (MHITX) and iShares U.S. Treasury Bond ETF (GOVT).
MHITX is managed by MFS. It was launched on Feb 17, 1978. GOVT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Treasury Bond Index. It was launched on Feb 14, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MHITX or GOVT.
Correlation
The correlation between MHITX and GOVT is -0.19. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
MHITX vs. GOVT - Performance Comparison
Key characteristics
MHITX:
1.82
GOVT:
1.10
MHITX:
2.70
GOVT:
1.62
MHITX:
1.45
GOVT:
1.21
MHITX:
2.33
GOVT:
0.40
MHITX:
9.21
GOVT:
2.97
MHITX:
0.85%
GOVT:
2.22%
MHITX:
4.29%
GOVT:
6.01%
MHITX:
-36.81%
GOVT:
-19.78%
MHITX:
-1.09%
GOVT:
-10.71%
Returns By Period
In the year-to-date period, MHITX achieves a 0.91% return, which is significantly higher than GOVT's 0.57% return. Over the past 10 years, MHITX has outperformed GOVT with an annualized return of 3.78%, while GOVT has yielded a comparatively lower 0.88% annualized return.
MHITX
0.91%
-0.33%
1.28%
7.26%
4.84%
3.78%
GOVT
0.57%
-0.26%
2.13%
6.62%
-2.03%
0.88%
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MHITX vs. GOVT - Expense Ratio Comparison
MHITX has a 0.86% expense ratio, which is higher than GOVT's 0.15% expense ratio.
Risk-Adjusted Performance
MHITX vs. GOVT — Risk-Adjusted Performance Rank
MHITX
GOVT
MHITX vs. GOVT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS High Income Fund (MHITX) and iShares U.S. Treasury Bond ETF (GOVT). 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
MHITX vs. GOVT - Dividend Comparison
MHITX's dividend yield for the trailing twelve months is around 5.65%, more than GOVT's 3.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MHITX MFS High Income Fund | 5.65% | 6.06% | 5.61% | 5.26% | 4.35% | 4.44% | 4.63% | 5.08% | 4.87% | 5.44% | 5.96% | 5.89% |
GOVT iShares U.S. Treasury Bond ETF | 3.05% | 3.14% | 2.65% | 1.77% | 0.96% | 1.28% | 1.98% | 1.97% | 1.57% | 1.40% | 1.25% | 1.17% |
Drawdowns
MHITX vs. GOVT - Drawdown Comparison
The maximum MHITX drawdown since its inception was -36.81%, which is greater than GOVT's maximum drawdown of -19.78%. Use the drawdown chart below to compare losses from any high point for MHITX and GOVT. For additional features, visit the drawdowns tool.
Volatility
MHITX vs. GOVT - Volatility Comparison
MFS High Income Fund (MHITX) has a higher volatility of 2.41% compared to iShares U.S. Treasury Bond ETF (GOVT) at 1.96%. This indicates that MHITX's price experiences larger fluctuations and is considered to be riskier than GOVT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.