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.
Performance
MHITX vs. IVV - Performance Comparison
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MHITX vs. IVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MHITX MFS High Income Fund | -1.83% | 8.72% | 5.56% | 11.12% | -11.60% | 3.20% | 4.49% | 14.48% | -3.28% | 6.20% |
IVV iShares Core S&P 500 ETF | -4.38% | 17.85% | 24.93% | 26.31% | -18.16% | 28.76% | 18.40% | 31.07% | -4.49% | 21.75% |
Returns By Period
In the year-to-date period, MHITX achieves a -1.83% return, which is significantly higher than IVV's -4.38% return. Over the past 10 years, MHITX has underperformed IVV with an annualized return of 4.51%, while IVV has yielded a comparatively higher 14.02% annualized return.
MHITX
- 1D
- 0.00%
- 1M
- -2.55%
- YTD
- -1.83%
- 6M
- -0.26%
- 1Y
- 5.83%
- 3Y*
- 6.34%
- 5Y*
- 2.66%
- 10Y*
- 4.51%
IVV
- 1D
- 2.88%
- 1M
- -4.99%
- YTD
- -4.38%
- 6M
- -1.80%
- 1Y
- 17.69%
- 3Y*
- 18.29%
- 5Y*
- 11.76%
- 10Y*
- 14.02%
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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.
Return for Risk
MHITX vs. IVV — Risk / Return Rank
MHITX
IVV
MHITX vs. IVV - Risk-Adjusted Trends 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.
| MHITX | IVV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.43 | 0.97 | +0.46 |
Sortino ratioReturn per unit of downside risk | 2.11 | 1.49 | +0.62 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.23 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.94 | 1.53 | +0.41 |
Martin ratioReturn relative to average drawdown | 7.71 | 7.32 | +0.39 |
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
| MHITX | IVV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | 0.97 | +0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.70 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | 0.78 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.42 | +0.18 |
Correlation
The correlation between MHITX and IVV is 0.30, 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.
Dividends
MHITX vs. IVV - Dividend Comparison
MHITX's dividend yield for the trailing twelve months is around 5.78%, more than IVV's 1.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MHITX MFS High Income Fund | 5.78% | 6.04% | 5.07% | 4.68% | 4.07% | 4.34% | 4.49% | 4.65% | 5.06% | 4.85% | 5.39% | 6.36% |
IVV iShares Core S&P 500 ETF | 1.23% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
Drawdowns
MHITX vs. IVV - Drawdown Comparison
The maximum MHITX drawdown since its inception was -46.76%, 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.
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Drawdown Indicators
| MHITX | IVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.76% | -55.25% | +8.49% |
Max Drawdown (1Y)Largest decline over 1 year | -2.92% | -12.06% | +9.14% |
Max Drawdown (5Y)Largest decline over 5 years | -16.17% | -24.53% | +8.36% |
Max Drawdown (10Y)Largest decline over 10 years | -19.29% | -33.90% | +14.61% |
Current DrawdownCurrent decline from peak | -2.55% | -6.26% | +3.71% |
Average DrawdownAverage peak-to-trough decline | -7.35% | -10.85% | +3.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.74% | 2.53% | -1.79% |
Volatility
MHITX vs. IVV - Volatility Comparison
The current volatility for MFS High Income Fund (MHITX) is 1.44%, while iShares Core S&P 500 ETF (IVV) has a volatility of 5.30%. 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.
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Volatility by Period
| MHITX | IVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.44% | 5.30% | -3.86% |
Volatility (6M)Calculated over the trailing 6-month period | 2.61% | 9.45% | -6.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.22% | 18.31% | -14.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.39% | 16.89% | -11.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.62% | 18.04% | -12.42% |