MHOIX vs. MFBFX
Compare and contrast key facts about MFS Global High Yield Fund (MHOIX) and MFS Corporate Bond Fund (MFBFX).
MHOIX is managed by MFS. It was launched on Jul 1, 1998. MFBFX is managed by MFS. It was launched on May 8, 1974.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MHOIX or MFBFX.
Correlation
The correlation between MHOIX and MFBFX is 0.33, 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. MFBFX - Performance Comparison
Key characteristics
MHOIX:
3.26
MFBFX:
1.15
MHOIX:
5.47
MFBFX:
1.68
MHOIX:
1.85
MFBFX:
1.20
MHOIX:
6.76
MFBFX:
0.37
MHOIX:
22.62
MFBFX:
3.31
MHOIX:
0.44%
MFBFX:
1.85%
MHOIX:
3.05%
MFBFX:
5.33%
MHOIX:
-40.09%
MFBFX:
-25.56%
MHOIX:
0.00%
MFBFX:
-10.44%
Returns By Period
In the year-to-date period, MHOIX achieves a 1.33% return, which is significantly higher than MFBFX's 1.11% return. Over the past 10 years, MHOIX has outperformed MFBFX with an annualized return of 4.41%, while MFBFX has yielded a comparatively lower 1.97% annualized return.
MHOIX
1.33%
0.97%
4.32%
9.92%
3.62%
4.41%
MFBFX
1.11%
1.36%
-0.03%
5.77%
-0.67%
1.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MHOIX vs. MFBFX - Expense Ratio Comparison
MHOIX has a 0.81% expense ratio, which is higher than MFBFX's 0.76% expense ratio.
Risk-Adjusted Performance
MHOIX vs. MFBFX — Risk-Adjusted Performance Rank
MHOIX
MFBFX
MHOIX vs. MFBFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Global High Yield Fund (MHOIX) and MFS Corporate Bond Fund (MFBFX). 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. MFBFX - Dividend Comparison
MHOIX's dividend yield for the trailing twelve months is around 5.54%, more than MFBFX's 4.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MHOIX MFS Global High Yield Fund | 5.54% | 5.61% | 4.68% | 8.95% | 5.56% | 4.47% | 4.76% | 4.92% | 4.98% | 5.85% | 6.69% | 6.36% |
MFBFX MFS Corporate Bond Fund | 4.46% | 4.48% | 3.83% | 3.19% | 2.52% | 2.57% | 3.03% | 3.16% | 3.08% | 3.27% | 3.87% | 3.61% |
Drawdowns
MHOIX vs. MFBFX - Drawdown Comparison
The maximum MHOIX drawdown since its inception was -40.09%, which is greater than MFBFX's maximum drawdown of -25.56%. Use the drawdown chart below to compare losses from any high point for MHOIX and MFBFX. For additional features, visit the drawdowns tool.
Volatility
MHOIX vs. MFBFX - Volatility Comparison
The current volatility for MFS Global High Yield Fund (MHOIX) is 0.73%, while MFS Corporate Bond Fund (MFBFX) has a volatility of 1.37%. This indicates that MHOIX experiences smaller price fluctuations and is considered to be less risky than MFBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.