MIDLX vs. ALOIX
Compare and contrast key facts about MFS International New Discovery Fund Class R6 (MIDLX) and Virtus International Small-Cap Fund (ALOIX).
MIDLX is a passively managed fund by MFS that tracks the performance of the MSCI All Country World ex-US Small Mid Cap Index. It was launched on Jun 1, 2012. ALOIX is managed by Allianz. It was launched on Dec 30, 1997.
Performance
MIDLX vs. ALOIX - Performance Comparison
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MIDLX vs. ALOIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MIDLX MFS International New Discovery Fund Class R6 | -4.04% | 17.03% | 3.33% | 13.21% | -18.52% | 5.17% | 10.15% | 24.97% | -10.29% | 30.65% |
ALOIX Virtus International Small-Cap Fund | 3.88% | 36.22% | 2.65% | 19.43% | -26.96% | 6.02% | 15.92% | 24.57% | -22.78% | 37.59% |
Returns By Period
In the year-to-date period, MIDLX achieves a -4.04% return, which is significantly lower than ALOIX's 3.88% return. Over the past 10 years, MIDLX has underperformed ALOIX with an annualized return of 6.07%, while ALOIX has yielded a comparatively higher 7.23% annualized return.
MIDLX
- 1D
- -0.25%
- 1M
- -11.75%
- YTD
- -4.04%
- 6M
- -4.78%
- 1Y
- 9.51%
- 3Y*
- 7.41%
- 5Y*
- 2.30%
- 10Y*
- 6.07%
ALOIX
- 1D
- 0.17%
- 1M
- -9.91%
- YTD
- 3.88%
- 6M
- 9.68%
- 1Y
- 36.10%
- 3Y*
- 17.60%
- 5Y*
- 5.32%
- 10Y*
- 7.23%
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MIDLX vs. ALOIX - Expense Ratio Comparison
MIDLX has a 0.91% expense ratio, which is lower than ALOIX's 1.04% expense ratio.
Return for Risk
MIDLX vs. ALOIX — Risk / Return Rank
MIDLX
ALOIX
MIDLX vs. ALOIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International New Discovery Fund Class R6 (MIDLX) and Virtus International Small-Cap Fund (ALOIX). 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.
| MIDLX | ALOIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.69 | 2.44 | -1.74 |
Sortino ratioReturn per unit of downside risk | 0.95 | 2.97 | -2.02 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.48 | -0.34 |
Calmar ratioReturn relative to maximum drawdown | 0.64 | 3.05 | -2.41 |
Martin ratioReturn relative to average drawdown | 2.45 | 12.51 | -10.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MIDLX | ALOIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 2.44 | -1.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.36 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.44 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.29 | +0.25 |
Correlation
The correlation between MIDLX and ALOIX is 0.88, 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.
Dividends
MIDLX vs. ALOIX - Dividend Comparison
MIDLX's dividend yield for the trailing twelve months is around 3.51%, less than ALOIX's 4.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIDLX MFS International New Discovery Fund Class R6 | 3.51% | 3.37% | 10.08% | 4.21% | 5.85% | 5.19% | 4.03% | 4.36% | 6.82% | 1.63% | 1.09% | 1.25% |
ALOIX Virtus International Small-Cap Fund | 4.37% | 4.54% | 3.50% | 4.93% | 1.25% | 19.08% | 1.38% | 1.62% | 18.17% | 1.52% | 1.04% | 0.54% |
Drawdowns
MIDLX vs. ALOIX - Drawdown Comparison
The maximum MIDLX drawdown since its inception was -34.70%, smaller than the maximum ALOIX drawdown of -79.29%. Use the drawdown chart below to compare losses from any high point for MIDLX and ALOIX.
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Drawdown Indicators
| MIDLX | ALOIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.70% | -79.29% | +44.59% |
Max Drawdown (1Y)Largest decline over 1 year | -11.75% | -10.56% | -1.19% |
Max Drawdown (5Y)Largest decline over 5 years | -33.58% | -39.41% | +5.83% |
Max Drawdown (10Y)Largest decline over 10 years | -34.70% | -42.79% | +8.09% |
Current DrawdownCurrent decline from peak | -11.75% | -9.91% | -1.84% |
Average DrawdownAverage peak-to-trough decline | -6.96% | -35.07% | +28.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 2.71% | +0.37% |
Volatility
MIDLX vs. ALOIX - Volatility Comparison
The current volatility for MFS International New Discovery Fund Class R6 (MIDLX) is 5.06%, while Virtus International Small-Cap Fund (ALOIX) has a volatility of 5.57%. This indicates that MIDLX experiences smaller price fluctuations and is considered to be less risky than ALOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MIDLX | ALOIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.06% | 5.57% | -0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 8.19% | 9.69% | -1.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.10% | 14.43% | -2.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.05% | 15.01% | -1.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.92% | 16.60% | -2.68% |