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 0.94, 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:
1.38
^GSPC:
2.10
MIAGX:
1.89
^GSPC:
2.80
MIAGX:
1.25
^GSPC:
1.39
MIAGX:
2.30
^GSPC:
3.09
MIAGX:
8.60
^GSPC:
13.49
MIAGX:
1.71%
^GSPC:
1.94%
MIAGX:
10.68%
^GSPC:
12.52%
MIAGX:
-52.93%
^GSPC:
-56.78%
MIAGX:
-4.13%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, MIAGX achieves a 12.47% return, which is significantly lower than ^GSPC's 24.34% return. Over the past 10 years, MIAGX has underperformed ^GSPC with an annualized return of 9.12%, while ^GSPC has yielded a comparatively higher 11.06% annualized return.
MIAGX
12.47%
-1.54%
4.23%
13.45%
8.53%
9.12%
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
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Risk-Adjusted Performance
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 3.37%, while S&P 500 (^GSPC) has a volatility of 3.79%. 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.