MHITX vs. MFIOX
Compare and contrast key facts about MFS High Income Fund (MHITX) and MFS Income Fund (MFIOX).
MHITX is managed by MFS. It was launched on Feb 17, 1978. MFIOX is managed by MFS. It was launched on Oct 29, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MHITX or MFIOX.
Correlation
The correlation between MHITX and MFIOX is 0.36, 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. MFIOX - Performance Comparison
Key characteristics
MHITX:
2.20
MFIOX:
1.07
MHITX:
3.65
MFIOX:
1.59
MHITX:
1.59
MFIOX:
1.19
MHITX:
4.22
MFIOX:
0.46
MHITX:
13.63
MFIOX:
3.09
MHITX:
0.61%
MFIOX:
1.72%
MHITX:
3.76%
MFIOX:
4.99%
MHITX:
-36.80%
MFIOX:
-41.67%
MHITX:
-0.12%
MFIOX:
-5.73%
Returns By Period
The year-to-date returns for both stocks are quite close, with MHITX having a 0.97% return and MFIOX slightly lower at 0.94%. Over the past 10 years, MHITX has outperformed MFIOX with an annualized return of 3.98%, while MFIOX has yielded a comparatively lower 2.29% annualized return.
MHITX
0.97%
0.00%
2.94%
8.27%
3.02%
3.98%
MFIOX
0.94%
0.77%
0.00%
5.50%
0.27%
2.29%
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MHITX vs. MFIOX - Expense Ratio Comparison
MHITX has a 0.86% expense ratio, which is higher than MFIOX's 0.73% expense ratio.
Risk-Adjusted Performance
MHITX vs. MFIOX — Risk-Adjusted Performance Rank
MHITX
MFIOX
MHITX vs. MFIOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS High Income Fund (MHITX) and MFS Income Fund (MFIOX). 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. MFIOX - Dividend Comparison
MHITX's dividend yield for the trailing twelve months is around 5.59%, more than MFIOX's 5.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MHITX MFS High Income Fund | 5.59% | 6.14% | 5.67% | 5.31% | 4.34% | 4.49% | 4.74% | 5.21% | 4.91% | 5.44% | 5.96% | 5.89% |
MFIOX MFS Income Fund | 5.03% | 5.04% | 4.72% | 2.97% | 2.30% | 2.65% | 3.05% | 3.07% | 3.27% | 3.63% | 4.01% | 4.24% |
Drawdowns
MHITX vs. MFIOX - Drawdown Comparison
The maximum MHITX drawdown since its inception was -36.80%, smaller than the maximum MFIOX drawdown of -41.67%. Use the drawdown chart below to compare losses from any high point for MHITX and MFIOX. For additional features, visit the drawdowns tool.
Volatility
MHITX vs. MFIOX - Volatility Comparison
The current volatility for MFS High Income Fund (MHITX) is 0.93%, while MFS Income Fund (MFIOX) has a volatility of 1.26%. This indicates that MHITX experiences smaller price fluctuations and is considered to be less risky than MFIOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.