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:
0.22
^GSPC:
0.44
MIAGX:
0.45
^GSPC:
0.79
MIAGX:
1.06
^GSPC:
1.12
MIAGX:
0.23
^GSPC:
0.48
MIAGX:
0.84
^GSPC:
1.85
MIAGX:
4.70%
^GSPC:
4.92%
MIAGX:
15.56%
^GSPC:
19.37%
MIAGX:
-52.93%
^GSPC:
-56.78%
MIAGX:
-5.52%
^GSPC:
-7.88%
Returns By Period
In the year-to-date period, MIAGX achieves a 2.31% return, which is significantly higher than ^GSPC's -3.77% return. Over the past 10 years, MIAGX has underperformed ^GSPC with an annualized return of 5.67%, while ^GSPC has yielded a comparatively higher 10.45% annualized return.
MIAGX
2.31%
6.88%
-4.49%
3.36%
8.36%
5.67%
^GSPC
-3.77%
3.72%
-5.60%
8.55%
14.11%
10.45%
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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 4.59%, while S&P 500 (^GSPC) has a volatility of 6.82%. 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.