MHOIX vs. MEIAX
Compare and contrast key facts about MFS Global High Yield Fund (MHOIX) and MFS Value Fund (MEIAX).
MHOIX is managed by MFS. It was launched on Jul 1, 1998. MEIAX is managed by MFS. It was launched on Jan 2, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MHOIX or MEIAX.
Correlation
The correlation between MHOIX and MEIAX 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.
Performance
MHOIX vs. MEIAX - Performance Comparison
Key characteristics
MHOIX:
2.32
MEIAX:
-0.05
MHOIX:
3.26
MEIAX:
0.05
MHOIX:
1.58
MEIAX:
1.01
MHOIX:
2.30
MEIAX:
-0.04
MHOIX:
10.21
MEIAX:
-0.11
MHOIX:
0.82%
MEIAX:
7.17%
MHOIX:
3.61%
MEIAX:
16.60%
MHOIX:
-40.08%
MEIAX:
-52.28%
MHOIX:
-1.32%
MEIAX:
-12.07%
Returns By Period
In the year-to-date period, MHOIX achieves a 0.64% return, which is significantly lower than MEIAX's 0.80% return. Over the past 10 years, MHOIX has underperformed MEIAX with an annualized return of 4.12%, while MEIAX has yielded a comparatively higher 5.30% annualized return.
MHOIX
0.64%
-0.54%
1.37%
8.07%
5.59%
4.12%
MEIAX
0.80%
-2.74%
-7.82%
0.15%
7.61%
5.30%
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MHOIX vs. MEIAX - Expense Ratio Comparison
MHOIX has a 0.81% expense ratio, which is higher than MEIAX's 0.80% expense ratio.
Risk-Adjusted Performance
MHOIX vs. MEIAX — Risk-Adjusted Performance Rank
MHOIX
MEIAX
MHOIX vs. MEIAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Global High Yield Fund (MHOIX) and MFS Value Fund (MEIAX). 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
MHOIX vs. MEIAX - Dividend Comparison
MHOIX's dividend yield for the trailing twelve months is around 5.23%, more than MEIAX's 1.64% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MHOIX MFS Global High Yield Fund | 5.23% | 5.63% | 4.67% | 8.95% | 5.61% | 4.48% | 4.80% | 4.96% | 4.99% | 5.85% | 6.69% | 6.36% |
MEIAX MFS Value Fund | 1.64% | 1.61% | 1.54% | 1.69% | 1.15% | 1.39% | 1.72% | 1.84% | 1.32% | 1.78% | 6.23% | 5.09% |
Drawdowns
MHOIX vs. MEIAX - Drawdown Comparison
The maximum MHOIX drawdown since its inception was -40.08%, smaller than the maximum MEIAX drawdown of -52.28%. Use the drawdown chart below to compare losses from any high point for MHOIX and MEIAX. For additional features, visit the drawdowns tool.
Volatility
MHOIX vs. MEIAX - Volatility Comparison
The current volatility for MFS Global High Yield Fund (MHOIX) is 2.19%, while MFS Value Fund (MEIAX) has a volatility of 10.86%. This indicates that MHOIX experiences smaller price fluctuations and is considered to be less risky than MEIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.