MIEIX vs. GTMIX
Compare and contrast key facts about MFS International Equity Fund Class R6 (MIEIX) and GMO Tax-Managed International Equities Fund (GTMIX).
MIEIX is managed by MFS. It was launched on Jan 31, 1996. GTMIX is managed by GMO. It was launched on Jul 28, 1998.
Performance
MIEIX vs. GTMIX - Performance Comparison
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MIEIX vs. GTMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MIEIX MFS International Equity Fund Class R6 | -3.84% | 23.22% | 4.13% | 19.06% | -14.82% | 15.13% | 11.11% | 28.42% | -10.66% | 28.01% |
GTMIX GMO Tax-Managed International Equities Fund | 8.42% | 46.17% | 1.54% | 14.96% | -10.13% | 10.71% | 7.50% | 23.35% | -21.23% | 28.45% |
Returns By Period
In the year-to-date period, MIEIX achieves a -3.84% return, which is significantly lower than GTMIX's 8.42% return. Over the past 10 years, MIEIX has underperformed GTMIX with an annualized return of 9.35%, while GTMIX has yielded a comparatively higher 9.87% annualized return.
MIEIX
- 1D
- 2.90%
- 1M
- -6.16%
- YTD
- -3.84%
- 6M
- -1.01%
- 1Y
- 10.82%
- 3Y*
- 10.14%
- 5Y*
- 7.09%
- 10Y*
- 9.35%
GTMIX
- 1D
- 2.48%
- 1M
- -3.58%
- YTD
- 8.42%
- 6M
- 17.91%
- 1Y
- 41.17%
- 3Y*
- 20.26%
- 5Y*
- 11.29%
- 10Y*
- 9.87%
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MIEIX vs. GTMIX - Expense Ratio Comparison
Both MIEIX and GTMIX have an expense ratio of 0.68%.
Return for Risk
MIEIX vs. GTMIX — Risk / Return Rank
MIEIX
GTMIX
MIEIX vs. GTMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International Equity Fund Class R6 (MIEIX) and GMO Tax-Managed International Equities Fund (GTMIX). 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.
| MIEIX | GTMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.74 | 2.67 | -1.92 |
Sortino ratioReturn per unit of downside risk | 1.05 | 3.40 | -2.34 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.52 | -0.37 |
Calmar ratioReturn relative to maximum drawdown | 0.87 | 3.54 | -2.67 |
Martin ratioReturn relative to average drawdown | 3.23 | 16.76 | -13.53 |
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
| MIEIX | GTMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.74 | 2.67 | -1.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.76 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.62 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.40 | +0.05 |
Correlation
The correlation between MIEIX and GTMIX is 0.89, 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
MIEIX vs. GTMIX - Dividend Comparison
MIEIX's dividend yield for the trailing twelve months is around 2.79%, less than GTMIX's 20.69% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIEIX MFS International Equity Fund Class R6 | 2.79% | 2.68% | 1.47% | 1.67% | 1.26% | 5.40% | 1.00% | 3.12% | 1.63% | 1.85% | 1.78% | 1.71% |
GTMIX GMO Tax-Managed International Equities Fund | 20.69% | 22.43% | 5.94% | 0.36% | 5.44% | 16.55% | 2.25% | 4.13% | 7.25% | 2.96% | 4.05% | 3.26% |
Drawdowns
MIEIX vs. GTMIX - Drawdown Comparison
The maximum MIEIX drawdown since its inception was -53.13%, smaller than the maximum GTMIX drawdown of -58.31%. Use the drawdown chart below to compare losses from any high point for MIEIX and GTMIX.
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Drawdown Indicators
| MIEIX | GTMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.13% | -58.31% | +5.18% |
Max Drawdown (1Y)Largest decline over 1 year | -11.26% | -11.24% | -0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -28.07% | -28.81% | +0.74% |
Max Drawdown (10Y)Largest decline over 10 years | -31.35% | -40.32% | +8.97% |
Current DrawdownCurrent decline from peak | -8.25% | -4.51% | -3.74% |
Average DrawdownAverage peak-to-trough decline | -9.01% | -12.75% | +3.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 2.38% | +0.66% |
Volatility
MIEIX vs. GTMIX - Volatility Comparison
MFS International Equity Fund Class R6 (MIEIX) has a higher volatility of 6.65% compared to GMO Tax-Managed International Equities Fund (GTMIX) at 5.97%. This indicates that MIEIX's price experiences larger fluctuations and is considered to be riskier than GTMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MIEIX | GTMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.65% | 5.97% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 9.84% | 9.56% | +0.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.13% | 15.56% | -0.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.29% | 14.91% | +0.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.92% | 16.06% | -0.14% |