MIEIX vs. GOIIX

Last updated Aug 4, 2026

MIEIX (MFS International Equity Fund Class R6) and GOIIX (Goldman Sachs Growth and Income Strategy Portfolio) are both mutual funds - MIEIX is a Foreign Large Cap Equities fund managed by MFS, while GOIIX is a Tactical Allocation fund managed by Goldman Sachs. Over the past 10 years, MIEIX returned 10.31%/yr vs 8.41%/yr for GOIIX. Their correlation of 0.83 means they have usually moved in the same direction. MIEIX charges 0.64%/yr vs 0.19%/yr for GOIIX.

Performance

MIEIX vs. GOIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS International Equity Fund Class R6 (MIEIX) and Goldman Sachs Growth and Income Strategy Portfolio (GOIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MIEIX achieves a 8.45% return, which is significantly higher than GOIIX's 6.47% return. Over the past 10 years, MIEIX has outperformed GOIIX with an annualized return of 10.31%, while GOIIX has yielded a comparatively lower 8.41% annualized return.

MIEIX

• 1D: -0.20%
• 1M: 3.46%
• 6M: 6.20%
• YTD: 8.45%
• 1Y: 17.67%
• 3Y*: 12.79%
• 5Y*: 8.16%
• 10Y*: 10.31%
• ALL TIME*: 8.22%

GOIIX

• 1D: 0.06%
• 1M: -0.57%
• 6M: 3.95%
• YTD: 6.47%
• 1Y: 15.75%
• 3Y*: 13.57%
• 5Y*: 6.93%
• 10Y*: 8.41%
• ALL TIME*: 6.20%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GOIIX Goldman Sachs Growth and Income Strategy Portfolio	$0.00	$0.00	$0.00
MIEIX MFS International Equity Fund Class R6	$0.00	$0.00	$0.00

MIEIX vs. GOIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MIEIX MFS International Equity Fund Class R6	8.45%	23.22%	4.13%	19.06%	-14.82%	15.13%	11.11%	28.42%	-10.66%	28.01%
GOIIX Goldman Sachs Growth and Income Strategy Portfolio	6.47%	15.03%	14.81%	15.16%	-15.86%	12.65%	12.73%	19.16%	-8.63%	16.60%

Correlation

The correlation between MIEIX and GOIIX is 0.82, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.82
Correlation (3Y) Balances recent behavior with more history.	0.80
Correlation (5Y) Shows whether the relationship held over a longer period.	0.83
Correlation (10Y) Provides a long-term view across more market conditions.	0.82
Correlation (All Time) Calculated using the full available price history since Jan 2, 1998	0.83

The correlation between MIEIX and GOIIX has been stable across timeframes, ranging from 0.80 to 0.83 - a consistent structural relationship.

Return for Risk

MIEIX vs. GOIIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MIEIX

MIEIX Risk / Return Rank: 37
MIEIX Sharpe Ratio Rank: 39
MIEIX Sortino Ratio Rank: 39
MIEIX Omega Ratio Rank: 39
MIEIX Calmar Ratio Rank: 32
MIEIX Martin Ratio Rank: 35

GOIIX

GOIIX Risk / Return Rank: 58
GOIIX Sharpe Ratio Rank: 58
GOIIX Sortino Ratio Rank: 56
GOIIX Omega Ratio Rank: 57
GOIIX Calmar Ratio Rank: 53
GOIIX Martin Ratio Rank: 65

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MIEIX vs. GOIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS International Equity Fund Class R6 (MIEIX) and Goldman Sachs Growth and Income Strategy Portfolio (GOIIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MIEIX	GOIIX	Difference
Sharpe ratio: Return per unit of total volatility	1.27	1.57	-0.29
Sortino ratio: Return per unit of downside risk	1.84	2.21	-0.37
Omega ratio: Gain probability vs. loss probability	1.23	1.29	-0.05
Calmar ratio: Return relative to maximum drawdown	1.50	2.08	-0.58
Martin ratio: Return relative to average drawdown	5.42	8.78	-3.36

MIEIX vs. GOIIX - Sharpe Ratio Comparison

The current MIEIX Sharpe Ratio is 1.27, which is comparable to the GOIIX Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of MIEIX and GOIIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MIEIX vs. GOIIX - Drawdown Comparison

The maximum MIEIX drawdown since its inception was -53.13%, which is greater than GOIIX's maximum drawdown of -43.63%. Use the drawdown chart below to compare losses from any high point for MIEIX and GOIIX.

Drawdown Indicators

	MIEIX	GOIIX	Difference
Max Drawdown Largest peak-to-trough decline	-53.13%	-43.63%	-9.50%
Max Drawdown (1Y) Largest decline over 1 year	-11.26%	-7.17%	-4.09%
Max Drawdown (3Y) Largest decline over 3 years	-13.43%	-12.19%	-1.24%
Max Drawdown (5Y) Largest decline over 5 years	-28.07%	-23.78%	-4.29%
Max Drawdown (10Y) Largest decline over 10 years	-31.35%	-25.07%	-6.28%
Current Drawdown Current decline from peak	-0.20%	-1.21%	+1.01%
Average Drawdown Average peak-to-trough decline	-8.94%	-6.37%	-2.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.10%	1.69%	+1.41%

Volatility

MIEIX vs. GOIIX - Volatility Comparison

MFS International Equity Fund Class R6 (MIEIX) has a higher volatility of 3.74% compared to Goldman Sachs Growth and Income Strategy Portfolio (GOIIX) at 2.70%. This indicates that MIEIX's price experiences larger fluctuations and is considered to be riskier than GOIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MIEIX	GOIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.74%	2.70%	+1.04%
Volatility (6M) Calculated over the trailing 6-month period	10.93%	7.89%	+3.04%
Volatility (1Y) Calculated over the trailing 1-year period	13.29%	9.50%	+3.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.39%	10.77%	+4.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.67%	11.26%	+4.41%

MIEIX vs. GOIIX - Expense Ratio Comparison

MIEIX has a 0.64% expense ratio, which is higher than GOIIX's 0.19% expense ratio.

Dividends

MIEIX vs. GOIIX - Dividend Comparison

MIEIX's dividend yield for the trailing twelve months is around 2.47%, less than GOIIX's 8.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GOIIX Goldman Sachs Growth and Income Strategy Portfolio	8.13%	7.98%	9.79%	1.97%	5.09%	6.80%	3.47%	2.29%	3.04%	2.73%	1.37%	3.99%
MIEIX MFS International Equity Fund Class R6	2.47%	2.68%	1.47%	1.67%	1.26%	5.40%	1.00%	3.12%	1.63%	1.85%	1.78%	1.71%

Frequently Asked Questions

Can I hold both MIEIX and GOIIX in my portfolio?

MIEIX and GOIIX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MIEIX or GOIIX?

MIEIX has higher volatility (3.74%) compared to GOIIX (2.70%). In terms of maximum drawdown, MIEIX dropped -53.13% vs GOIIX's -43.63%.

Which has better risk-adjusted returns?

GOIIX currently has the higher Sharpe Ratio (1.57 vs 1.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.