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:
0.96
^GSPC:
1.74
MIAGX:
1.32
^GSPC:
2.36
MIAGX:
1.18
^GSPC:
1.32
MIAGX:
1.10
^GSPC:
2.62
MIAGX:
4.02
^GSPC:
10.69
MIAGX:
2.68%
^GSPC:
2.08%
MIAGX:
11.18%
^GSPC:
12.76%
MIAGX:
-52.93%
^GSPC:
-56.78%
MIAGX:
-3.12%
^GSPC:
-0.43%
Returns By Period
In the year-to-date period, MIAGX achieves a 4.91% return, which is significantly higher than ^GSPC's 4.01% return. Over the past 10 years, MIAGX has underperformed ^GSPC with an annualized return of 6.07%, while ^GSPC has yielded a comparatively higher 11.26% annualized return.
MIAGX
4.91%
1.18%
2.08%
10.90%
5.84%
6.07%
^GSPC
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
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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 2.41%, while S&P 500 (^GSPC) has a volatility of 3.01%. 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.