MIAGX vs. ^GSPC
Compare and contrast key facts about MFS Aggressive Growth Allocation Fund (MIAGX) and S&P 500 (^GSPC).
MIAGX is managed by MFS. It was launched on Jun 27, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIAGX or ^GSPC.
Correlation
The correlation between MIAGX and ^GSPC is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MIAGX vs. ^GSPC - Performance Comparison
Key characteristics
MIAGX:
0.86
^GSPC:
1.62
MIAGX:
1.19
^GSPC:
2.20
MIAGX:
1.16
^GSPC:
1.30
MIAGX:
0.99
^GSPC:
2.46
MIAGX:
3.61
^GSPC:
10.01
MIAGX:
2.69%
^GSPC:
2.08%
MIAGX:
11.26%
^GSPC:
12.88%
MIAGX:
-52.93%
^GSPC:
-56.78%
MIAGX:
-4.36%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, MIAGX achieves a 3.56% return, which is significantly higher than ^GSPC's 2.24% return. Over the past 10 years, MIAGX has underperformed ^GSPC with an annualized return of 5.91%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
MIAGX
3.56%
-0.25%
-0.49%
8.06%
5.56%
5.91%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
MIAGX vs. ^GSPC — Risk-Adjusted Performance Rank
MIAGX
^GSPC
MIAGX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Aggressive Growth Allocation Fund (MIAGX) and S&P 500 (^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.
Drawdowns
MIAGX vs. ^GSPC - Drawdown Comparison
The maximum MIAGX drawdown since its inception was -52.93%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for MIAGX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
MIAGX vs. ^GSPC - Volatility Comparison
The current volatility for MFS Aggressive Growth Allocation Fund (MIAGX) is 2.76%, while S&P 500 (^GSPC) has a volatility of 3.43%. 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.