MIDLX vs. VFSNX
Compare and contrast key facts about MFS International New Discovery Fund Class R6 (MIDLX) and Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares (VFSNX).
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. VFSNX is managed by Vanguard. It was launched on Apr 2, 2009.
Performance
MIDLX vs. VFSNX - Performance Comparison
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MIDLX vs. VFSNX - 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% |
VFSNX Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares | -1.08% | 29.97% | 2.63% | 15.18% | -21.26% | 12.74% | 11.92% | 21.72% | -18.46% | 30.30% |
Returns By Period
In the year-to-date period, MIDLX achieves a -4.04% return, which is significantly lower than VFSNX's -1.08% return. Over the past 10 years, MIDLX has underperformed VFSNX with an annualized return of 6.07%, while VFSNX has yielded a comparatively higher 7.33% 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%
VFSNX
- 1D
- -0.56%
- 1M
- -11.47%
- YTD
- -1.08%
- 6M
- 1.46%
- 1Y
- 26.81%
- 3Y*
- 12.77%
- 5Y*
- 5.20%
- 10Y*
- 7.33%
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MIDLX vs. VFSNX - Expense Ratio Comparison
MIDLX has a 0.91% expense ratio, which is higher than VFSNX's 0.11% expense ratio.
Return for Risk
MIDLX vs. VFSNX — Risk / Return Rank
MIDLX
VFSNX
MIDLX vs. VFSNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International New Discovery Fund Class R6 (MIDLX) and Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares (VFSNX). 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 | VFSNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.69 | 1.78 | -1.09 |
Sortino ratioReturn per unit of downside risk | 0.95 | 2.29 | -1.34 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.35 | -0.21 |
Calmar ratioReturn relative to maximum drawdown | 0.64 | 2.09 | -1.45 |
Martin ratioReturn relative to average drawdown | 2.45 | 8.39 | -5.94 |
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 | VFSNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 1.78 | -1.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.35 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.47 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.55 | -0.01 |
Correlation
The correlation between MIDLX and VFSNX is 0.92, 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. VFSNX - Dividend Comparison
MIDLX's dividend yield for the trailing twelve months is around 3.51%, more than VFSNX's 3.40% 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% |
VFSNX Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares | 3.40% | 3.36% | 3.41% | 3.11% | 2.26% | 2.70% | 1.90% | 3.25% | 2.81% | 2.85% | 2.93% | 2.69% |
Drawdowns
MIDLX vs. VFSNX - Drawdown Comparison
The maximum MIDLX drawdown since its inception was -34.70%, smaller than the maximum VFSNX drawdown of -43.65%. Use the drawdown chart below to compare losses from any high point for MIDLX and VFSNX.
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Drawdown Indicators
| MIDLX | VFSNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.70% | -43.65% | +8.95% |
Max Drawdown (1Y)Largest decline over 1 year | -11.75% | -11.47% | -0.28% |
Max Drawdown (5Y)Largest decline over 5 years | -33.58% | -33.75% | +0.17% |
Max Drawdown (10Y)Largest decline over 10 years | -34.70% | -43.65% | +8.95% |
Current DrawdownCurrent decline from peak | -11.75% | -11.47% | -0.28% |
Average DrawdownAverage peak-to-trough decline | -6.96% | -9.56% | +2.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 2.86% | +0.22% |
Volatility
MIDLX vs. VFSNX - Volatility Comparison
The current volatility for MFS International New Discovery Fund Class R6 (MIDLX) is 5.06%, while Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares (VFSNX) has a volatility of 6.02%. This indicates that MIDLX experiences smaller price fluctuations and is considered to be less risky than VFSNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MIDLX | VFSNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.06% | 6.02% | -0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 8.19% | 9.85% | -1.66% |
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% | 14.85% | -1.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.92% | 15.66% | -1.74% |