MIEIX vs. FXAIX
Compare and contrast key facts about MFS International Equity Fund Class R6 (MIEIX) and Fidelity 500 Index Fund (FXAIX).
MIEIX is managed by MFS. It was launched on Jan 31, 1996. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIEIX or FXAIX.
Key characteristics
| MIEIX | FXAIX | |
|---|---|---|
| YTD Return | 10.17% | 19.12% |
| 1Y Return | 18.34% | 26.69% |
| 3Y Return (Ann) | 4.48% | 9.89% |
| 5Y Return (Ann) | 9.10% | 15.21% |
| 10Y Return (Ann) | 7.46% | 13.04% |
| Sharpe Ratio | 1.65 | 2.17 |
| Daily Std Dev | 11.53% | 12.79% |
| Max Drawdown | -50.56% | -33.79% |
| Current Drawdown | -1.41% | -0.50% |
Correlation
The correlation between MIEIX and FXAIX is 0.75, 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.
Performance
MIEIX vs. FXAIX - Performance Comparison
In the year-to-date period, MIEIX achieves a 10.17% return, which is significantly lower than FXAIX's 19.12% return. Over the past 10 years, MIEIX has underperformed FXAIX with an annualized return of 7.46%, while FXAIX has yielded a comparatively higher 13.04% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MIEIX vs. FXAIX - Expense Ratio Comparison
MIEIX has a 0.68% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
MIEIX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International Equity Fund Class R6 (MIEIX) and Fidelity 500 Index Fund (FXAIX). 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.
Dividends
MIEIX vs. FXAIX - Dividend Comparison
MIEIX's dividend yield for the trailing twelve months is around 1.52%, more than FXAIX's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIEIX MFS International Equity Fund Class R6 | 1.52% | 1.67% | 1.26% | 5.40% | 1.00% | 3.12% | 1.63% | 1.85% | 1.78% | 1.71% | 4.89% | 3.04% |
FXAIX Fidelity 500 Index Fund | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
MIEIX vs. FXAIX - Drawdown Comparison
The maximum MIEIX drawdown since its inception was -50.56%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for MIEIX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
MIEIX vs. FXAIX - Volatility Comparison
The current volatility for MFS International Equity Fund Class R6 (MIEIX) is 3.58%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.37%. This indicates that MIEIX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.