MIAGX vs. ^GSPC
MIAGX (MFS Aggressive Growth Allocation Fund) is Diversified Portfolio fund managed by MFS, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, MIAGX returned 10.92%/yr vs 13.26%/yr for ^GSPC. Their correlation of 0.95 means they have usually moved in the same direction.
Performance
MIAGX vs. ^GSPC - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with MIAGX having a 9.49% return and ^GSPC slightly lower at 9.41%. Over the past 10 years, MIAGX has underperformed ^GSPC with an annualized return of 10.92%, while ^GSPC has yielded a comparatively higher 13.26% annualized return.
MIAGX
- 1D
- 1.46%
- 1M
- 0.74%
- 6M
- 6.19%
- YTD
- 9.49%
- 1Y
- 16.47%
- 3Y*
- 13.40%
- 5Y*
- 7.37%
- 10Y*
- 10.92%
- ALL TIME*
- 9.08%
^GSPC
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
^GSPC S&P 500 Index | $37.98T | $37.61T | $41.48T |
| $0.00 | $0.00 | $0.00 |
MIAGX vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MIAGX MFS Aggressive Growth Allocation Fund | 9.49% | 15.20% | 12.11% | 16.29% | -16.94% | 19.16% | 15.81% | 29.98% | -6.72% | 23.23% |
^GSPC S&P 500 Index | 9.41% | 16.39% | 23.31% | 24.23% | -19.44% | 26.89% | 16.26% | 28.88% | -6.24% | 19.42% |
Correlation
The correlation between MIAGX and ^GSPC is 0.89, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.89 |
Correlation (3Y) Balances recent behavior with more history. | 0.90 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.93 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2002 | 0.95 |
The correlation between MIAGX and ^GSPC has been stable across timeframes, ranging from 0.89 to 0.95 - a consistent structural relationship.
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Return for Risk
MIAGX vs. ^GSPC — Risk / Return Rank
MIAGX
^GSPC
MIAGX vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Aggressive Growth Allocation Fund (MIAGX) and S&P 500 Index (^GSPC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MIAGX | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.25 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 2.00 | -0.33 |
| Martin ratioReturn relative to average drawdown | 6.97 | 8.49 | -1.52 |
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Drawdowns
MIAGX vs. ^GSPC - Drawdown Comparison
The maximum MIAGX drawdown since its inception was -55.00%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for MIAGX and ^GSPC.
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Drawdown Indicators
| MIAGX | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.00% | -56.78% | +1.78% |
Max Drawdown (1Y)Largest decline over 1 year | -8.65% | -9.10% | +0.45% |
Max Drawdown (3Y)Largest decline over 3 years | -14.88% | -18.90% | +4.02% |
Max Drawdown (5Y)Largest decline over 5 years | -25.51% | -25.43% | -0.08% |
Max Drawdown (10Y)Largest decline over 10 years | -32.78% | -33.92% | +1.14% |
Current DrawdownCurrent decline from peak | -0.17% | -1.58% | +1.41% |
Average DrawdownAverage peak-to-trough decline | -6.78% | -10.70% | +3.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.08% | 2.14% | -0.06% |
Volatility
MIAGX vs. ^GSPC - Volatility Comparison
The current volatility for MFS Aggressive Growth Allocation Fund (MIAGX) is 2.73%, while S&P 500 Index (^GSPC) has a volatility of 3.51%. This indicates that MIAGX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MIAGX | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.73% | 3.51% | -0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 9.11% | 10.11% | -1.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.40% | 12.87% | -1.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.55% | 17.01% | -2.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.38% | 18.07% | -2.69% |
Frequently Asked Questions
MIAGX and ^GSPC have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
^GSPC has higher volatility (3.51%) compared to MIAGX (2.73%). In terms of maximum drawdown, MIAGX dropped -55.00% vs ^GSPC's -56.78%.
^GSPC currently has the higher Sharpe Ratio (1.42 vs 1.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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