MIDLX vs. KGGIX
Compare and contrast key facts about MFS International New Discovery Fund Class R6 (MIDLX) and Kopernik Global All-Cap Fund (KGGIX).
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. KGGIX is managed by Kopernik. It was launched on Oct 31, 2013.
Performance
MIDLX vs. KGGIX - Performance Comparison
Loading graphics...
MIDLX vs. KGGIX - 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% |
KGGIX Kopernik Global All-Cap Fund | 4.70% | 64.88% | -4.91% | 13.43% | -9.05% | 16.86% | 37.23% | 10.00% | -11.07% | 8.98% |
Returns By Period
In the year-to-date period, MIDLX achieves a -4.04% return, which is significantly lower than KGGIX's 4.70% return. Over the past 10 years, MIDLX has underperformed KGGIX with an annualized return of 6.07%, while KGGIX has yielded a comparatively higher 14.53% 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%
KGGIX
- 1D
- -0.06%
- 1M
- -9.42%
- YTD
- 4.70%
- 6M
- 13.13%
- 1Y
- 50.78%
- 3Y*
- 21.52%
- 5Y*
- 12.90%
- 10Y*
- 14.53%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MIDLX vs. KGGIX - Expense Ratio Comparison
MIDLX has a 0.91% expense ratio, which is lower than KGGIX's 1.01% expense ratio.
Return for Risk
MIDLX vs. KGGIX — Risk / Return Rank
MIDLX
KGGIX
MIDLX vs. KGGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International New Discovery Fund Class R6 (MIDLX) and Kopernik Global All-Cap Fund (KGGIX). 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 | KGGIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.69 | 3.28 | -2.59 |
Sortino ratioReturn per unit of downside risk | 0.95 | 3.90 | -2.95 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.58 | -0.45 |
Calmar ratioReturn relative to maximum drawdown | 0.64 | 4.66 | -4.01 |
Martin ratioReturn relative to average drawdown | 2.45 | 17.03 | -14.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MIDLX | KGGIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 3.28 | -2.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.86 | -0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.97 | -0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.61 | -0.07 |
Correlation
The correlation between MIDLX and KGGIX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
MIDLX vs. KGGIX - Dividend Comparison
MIDLX's dividend yield for the trailing twelve months is around 3.51%, less than KGGIX's 15.72% 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% |
KGGIX Kopernik Global All-Cap Fund | 15.72% | 16.46% | 1.04% | 8.60% | 13.59% | 9.30% | 4.81% | 3.02% | 0.25% | 4.40% | 3.34% | 0.81% |
Drawdowns
MIDLX vs. KGGIX - Drawdown Comparison
The maximum MIDLX drawdown since its inception was -34.70%, smaller than the maximum KGGIX drawdown of -45.11%. Use the drawdown chart below to compare losses from any high point for MIDLX and KGGIX.
Loading graphics...
Drawdown Indicators
| MIDLX | KGGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.70% | -45.11% | +10.41% |
Max Drawdown (1Y)Largest decline over 1 year | -11.75% | -10.65% | -1.10% |
Max Drawdown (5Y)Largest decline over 5 years | -33.58% | -26.43% | -7.15% |
Max Drawdown (10Y)Largest decline over 10 years | -34.70% | -31.59% | -3.11% |
Current DrawdownCurrent decline from peak | -11.75% | -9.42% | -2.33% |
Average DrawdownAverage peak-to-trough decline | -6.96% | -9.59% | +2.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 2.91% | +0.17% |
Volatility
MIDLX vs. KGGIX - Volatility Comparison
The current volatility for MFS International New Discovery Fund Class R6 (MIDLX) is 5.06%, while Kopernik Global All-Cap Fund (KGGIX) has a volatility of 5.62%. This indicates that MIDLX experiences smaller price fluctuations and is considered to be less risky than KGGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MIDLX | KGGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.06% | 5.62% | -0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 8.19% | 12.33% | -4.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.10% | 15.26% | -3.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.05% | 15.14% | -2.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.92% | 15.08% | -1.16% |