MHITX vs. IVV
Compare and contrast key facts about MFS High Income Fund (MHITX) and iShares Core S&P 500 ETF (IVV).
MHITX is managed by MFS. It was launched on Feb 17, 1978. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MHITX or IVV.
Correlation
The correlation between MHITX and IVV is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MHITX vs. IVV - Performance Comparison
Key characteristics
MHITX:
1.70
IVV:
0.75
MHITX:
2.51
IVV:
1.15
MHITX:
1.42
IVV:
1.17
MHITX:
2.16
IVV:
0.77
MHITX:
8.51
IVV:
3.05
MHITX:
0.85%
IVV:
4.72%
MHITX:
4.29%
IVV:
19.34%
MHITX:
-36.81%
IVV:
-55.25%
MHITX:
-1.09%
IVV:
-7.26%
Returns By Period
In the year-to-date period, MHITX achieves a 0.91% return, which is significantly higher than IVV's -2.98% return. Over the past 10 years, MHITX has underperformed IVV with an annualized return of 3.81%, while IVV has yielded a comparatively higher 12.56% annualized return.
MHITX
0.91%
0.66%
1.28%
6.21%
4.84%
3.81%
IVV
-2.98%
5.42%
-0.11%
12.31%
16.66%
12.56%
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MHITX vs. IVV - Expense Ratio Comparison
MHITX has a 0.86% expense ratio, which is higher than IVV's 0.03% expense ratio.
Risk-Adjusted Performance
MHITX vs. IVV — Risk-Adjusted Performance Rank
MHITX
IVV
MHITX vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS High Income Fund (MHITX) and iShares Core S&P 500 ETF (IVV). 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. IVV - Dividend Comparison
MHITX's dividend yield for the trailing twelve months is around 5.74%, more than IVV's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MHITX MFS High Income Fund | 5.74% | 6.12% | 5.67% | 5.31% | 4.34% | 4.49% | 4.74% | 5.21% | 4.91% | 5.44% | 5.96% | 5.89% |
IVV iShares Core S&P 500 ETF | 1.36% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
Drawdowns
MHITX vs. IVV - Drawdown Comparison
The maximum MHITX drawdown since its inception was -36.81%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for MHITX and IVV. For additional features, visit the drawdowns tool.
Volatility
MHITX vs. IVV - Volatility Comparison
The current volatility for MFS High Income Fund (MHITX) is 2.38%, while iShares Core S&P 500 ETF (IVV) has a volatility of 14.18%. This indicates that MHITX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.