MIDLX vs. MDIJX
Compare and contrast key facts about MFS International New Discovery Fund Class R6 (MIDLX) and MFS International Diversification Fund (MDIJX).
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. MDIJX is managed by MFS. It was launched on Sep 30, 2004.
Performance
MIDLX vs. MDIJX - Performance Comparison
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MIDLX vs. MDIJX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MIDLX MFS International New Discovery Fund Class R6 | -1.87% | 17.03% | 3.33% | 13.21% | -18.52% | 5.17% | 10.15% | 24.97% | -10.29% | 30.65% |
MDIJX MFS International Diversification Fund | -0.22% | 27.84% | 6.41% | 14.37% | -17.12% | 7.69% | 15.26% | 26.00% | -11.05% | 30.29% |
Returns By Period
In the year-to-date period, MIDLX achieves a -1.87% return, which is significantly lower than MDIJX's -0.22% return. Over the past 10 years, MIDLX has underperformed MDIJX with an annualized return of 6.30%, while MDIJX has yielded a comparatively higher 9.18% annualized return.
MIDLX
- 1D
- 2.26%
- 1M
- -8.27%
- YTD
- -1.87%
- 6M
- -2.69%
- 1Y
- 11.54%
- 3Y*
- 8.22%
- 5Y*
- 2.54%
- 10Y*
- 6.30%
MDIJX
- 1D
- 2.55%
- 1M
- -7.39%
- YTD
- -0.22%
- 6M
- 2.92%
- 1Y
- 19.95%
- 3Y*
- 13.01%
- 5Y*
- 6.11%
- 10Y*
- 9.18%
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MIDLX vs. MDIJX - Expense Ratio Comparison
MIDLX has a 0.91% expense ratio, which is higher than MDIJX's 0.82% expense ratio.
Return for Risk
MIDLX vs. MDIJX — Risk / Return Rank
MIDLX
MDIJX
MIDLX vs. MDIJX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International New Discovery Fund Class R6 (MIDLX) and MFS International Diversification Fund (MDIJX). 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 | MDIJX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.98 | 1.48 | -0.50 |
Sortino ratioReturn per unit of downside risk | 1.32 | 1.96 | -0.64 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.29 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 0.92 | 1.70 | -0.79 |
Martin ratioReturn relative to average drawdown | 3.46 | 6.69 | -3.23 |
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 | MDIJX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 1.48 | -0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.44 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.63 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.45 | +0.10 |
Correlation
The correlation between MIDLX and MDIJX 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.
Dividends
MIDLX vs. MDIJX - Dividend Comparison
MIDLX's dividend yield for the trailing twelve months is around 3.44%, less than MDIJX's 5.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIDLX MFS International New Discovery Fund Class R6 | 3.44% | 3.37% | 10.08% | 4.21% | 5.85% | 5.19% | 4.03% | 4.36% | 6.82% | 1.63% | 1.09% | 1.25% |
MDIJX MFS International Diversification Fund | 5.18% | 5.17% | 3.50% | 4.14% | 2.64% | 2.70% | 1.64% | 2.50% | 3.14% | 1.63% | 2.18% | 1.69% |
Drawdowns
MIDLX vs. MDIJX - Drawdown Comparison
The maximum MIDLX drawdown since its inception was -34.70%, smaller than the maximum MDIJX drawdown of -56.60%. Use the drawdown chart below to compare losses from any high point for MIDLX and MDIJX.
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Drawdown Indicators
| MIDLX | MDIJX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.70% | -56.60% | +21.90% |
Max Drawdown (1Y)Largest decline over 1 year | -11.75% | -11.40% | -0.35% |
Max Drawdown (5Y)Largest decline over 5 years | -33.58% | -30.19% | -3.39% |
Max Drawdown (10Y)Largest decline over 10 years | -34.70% | -30.19% | -4.51% |
Current DrawdownCurrent decline from peak | -9.75% | -9.03% | -0.72% |
Average DrawdownAverage peak-to-trough decline | -6.96% | -9.14% | +2.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | 2.90% | +0.22% |
Volatility
MIDLX vs. MDIJX - Volatility Comparison
The current volatility for MFS International New Discovery Fund Class R6 (MIDLX) is 5.67%, while MFS International Diversification Fund (MDIJX) has a volatility of 6.30%. This indicates that MIDLX experiences smaller price fluctuations and is considered to be less risky than MDIJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MIDLX | MDIJX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.67% | 6.30% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 8.48% | 9.37% | -0.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.28% | 13.99% | -1.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.09% | 14.09% | -1.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.93% | 14.64% | -0.71% |