Correlation
The correlation between MHOIX and MFIOX is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
MHOIX vs. MFIOX
Compare and contrast key facts about MFS Global High Yield Fund (MHOIX) and MFS Income Fund (MFIOX).
MHOIX is managed by MFS. It was launched on Jul 1, 1998. 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: MHOIX or MFIOX.
Performance
MHOIX vs. MFIOX - Performance Comparison
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Key characteristics
MHOIX:
2.53
MFIOX:
1.26
MHOIX:
3.32
MFIOX:
1.59
MHOIX:
1.60
MFIOX:
1.19
MHOIX:
2.35
MFIOX:
0.56
MHOIX:
10.41
MFIOX:
3.16
MHOIX:
0.82%
MFIOX:
1.74%
MHOIX:
3.58%
MFIOX:
5.16%
MHOIX:
-40.04%
MFIOX:
-41.67%
MHOIX:
0.00%
MFIOX:
-3.95%
Returns By Period
In the year-to-date period, MHOIX achieves a 2.03% return, which is significantly higher than MFIOX's 1.83% return. Over the past 10 years, MHOIX has outperformed MFIOX with an annualized return of 4.19%, while MFIOX has yielded a comparatively lower 2.43% annualized return.
MHOIX
2.03%
1.38%
2.40%
8.96%
7.18%
5.05%
4.19%
MFIOX
1.83%
-0.44%
0.98%
6.40%
2.25%
0.83%
2.43%
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MHOIX vs. MFIOX - Expense Ratio Comparison
MHOIX has a 0.81% expense ratio, which is higher than MFIOX's 0.73% expense ratio.
Risk-Adjusted Performance
MHOIX vs. MFIOX — Risk-Adjusted Performance Rank
MHOIX
MFIOX
MHOIX vs. MFIOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Global High Yield Fund (MHOIX) 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.
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Dividends
MHOIX vs. MFIOX - Dividend Comparison
MHOIX's dividend yield for the trailing twelve months is around 5.66%, more than MFIOX's 5.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MHOIX MFS Global High Yield Fund | 5.66% | 5.63% | 4.67% | 8.95% | 5.61% | 4.48% | 4.80% | 4.96% | 4.99% | 5.85% | 6.69% | 6.36% |
MFIOX MFS Income Fund | 5.05% | 5.04% | 4.72% | 2.97% | 3.29% | 2.83% | 3.05% | 3.07% | 3.27% | 3.63% | 4.01% | 4.24% |
Drawdowns
MHOIX vs. MFIOX - Drawdown Comparison
The maximum MHOIX drawdown since its inception was -40.04%, roughly equal to the maximum MFIOX drawdown of -41.67%. Use the drawdown chart below to compare losses from any high point for MHOIX and MFIOX.
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Volatility
MHOIX vs. MFIOX - Volatility Comparison
The current volatility for MFS Global High Yield Fund (MHOIX) is 0.90%, while MFS Income Fund (MFIOX) has a volatility of 1.31%. This indicates that MHOIX 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.
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