MIDLX vs. QISIX
Compare and contrast key facts about MFS International New Discovery Fund Class R6 (MIDLX) and Pear Tree Polaris International Opportunities Fund (QISIX).
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. QISIX is managed by Pear Tree Funds. It was launched on Jan 28, 2019.
Performance
MIDLX vs. QISIX - Performance Comparison
Loading graphics...
MIDLX vs. QISIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MIDLX MFS International New Discovery Fund Class R6 | -4.04% | 17.03% | 3.33% | 13.21% | -18.52% | 5.17% | 10.15% | 17.53% |
QISIX Pear Tree Polaris International Opportunities Fund | -2.49% | 18.14% | -5.09% | 16.38% | -19.17% | 3.48% | 13.72% | 18.84% |
Returns By Period
In the year-to-date period, MIDLX achieves a -4.04% return, which is significantly lower than QISIX's -2.49% 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%
QISIX
- 1D
- -0.77%
- 1M
- -9.59%
- YTD
- -2.49%
- 6M
- -4.04%
- 1Y
- 11.49%
- 3Y*
- 5.28%
- 5Y*
- 0.39%
- 10Y*
- —
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. QISIX - Expense Ratio Comparison
MIDLX has a 0.91% expense ratio, which is lower than QISIX's 1.22% expense ratio.
Return for Risk
MIDLX vs. QISIX — Risk / Return Rank
MIDLX
QISIX
MIDLX vs. QISIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International New Discovery Fund Class R6 (MIDLX) and Pear Tree Polaris International Opportunities Fund (QISIX). 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 | QISIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.69 | 0.69 | 0.00 |
Sortino ratioReturn per unit of downside risk | 0.95 | 0.97 | -0.02 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.14 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 0.64 | 0.76 | -0.11 |
Martin ratioReturn relative to average drawdown | 2.45 | 2.58 | -0.12 |
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 | QISIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 0.69 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.03 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.33 | +0.21 |
Correlation
The correlation between MIDLX and QISIX is 0.71, 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. QISIX - Dividend Comparison
MIDLX's dividend yield for the trailing twelve months is around 3.51%, more than QISIX's 1.94% 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% |
QISIX Pear Tree Polaris International Opportunities Fund | 1.94% | 1.89% | 3.29% | 1.27% | 1.66% | 2.52% | 0.68% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MIDLX vs. QISIX - Drawdown Comparison
The maximum MIDLX drawdown since its inception was -34.70%, smaller than the maximum QISIX drawdown of -41.11%. Use the drawdown chart below to compare losses from any high point for MIDLX and QISIX.
Loading graphics...
Drawdown Indicators
| MIDLX | QISIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.70% | -41.11% | +6.41% |
Max Drawdown (1Y)Largest decline over 1 year | -11.75% | -10.48% | -1.27% |
Max Drawdown (5Y)Largest decline over 5 years | -33.58% | -37.79% | +4.21% |
Max Drawdown (10Y)Largest decline over 10 years | -34.70% | — | — |
Current DrawdownCurrent decline from peak | -11.75% | -9.78% | -1.97% |
Average DrawdownAverage peak-to-trough decline | -6.96% | -12.35% | +5.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 3.21% | -0.13% |
Volatility
MIDLX vs. QISIX - Volatility Comparison
The current volatility for MFS International New Discovery Fund Class R6 (MIDLX) is 5.06%, while Pear Tree Polaris International Opportunities Fund (QISIX) has a volatility of 5.98%. This indicates that MIDLX experiences smaller price fluctuations and is considered to be less risky than QISIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MIDLX | QISIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.06% | 5.98% | -0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 8.19% | 9.09% | -0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.10% | 14.16% | -2.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.05% | 14.66% | -1.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.92% | 15.96% | -2.04% |