MIEIX vs. MIGFX
MIEIX (MFS International Equity Fund Class R6) and MIGFX (MFS Massachusetts Investors Growth Stock Fund) are both mutual funds - MIEIX is a Foreign Large Cap Equities fund managed by MFS, while MIGFX is a Large Cap Growth Equities fund managed by MFS. Over the past 10 years, MIEIX returned 10.31%/yr vs 14.10%/yr for MIGFX. Their 0.65 correlation means they have sometimes moved together and sometimes differently. MIEIX charges 0.64%/yr vs 0.70%/yr for MIGFX.
Performance
MIEIX vs. MIGFX - Performance Comparison
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Returns By Period
In the year-to-date period, MIEIX achieves a 8.45% return, which is significantly higher than MIGFX's -2.12% return. Over the past 10 years, MIEIX has underperformed MIGFX with an annualized return of 10.31%, while MIGFX has yielded a comparatively higher 14.10% 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%
MIGFX
- 1D
- -0.34%
- 1M
- 0.57%
- 6M
- -1.74%
- YTD
- -2.12%
- 1Y
- 3.33%
- 3Y*
- 12.82%
- 5Y*
- 8.05%
- 10Y*
- 14.10%
- ALL TIME*
- 7.41%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MIEIX vs. MIGFX - 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% |
MIGFX MFS Massachusetts Investors Growth Stock Fund | -2.12% | 9.97% | 27.25% | 24.13% | -19.20% | 26.06% | 22.55% | 39.89% | 0.81% | 28.68% |
Correlation
The correlation between MIEIX and MIGFX is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.72 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.73 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jan 30, 1996 | 0.65 |
The correlation between MIEIX and MIGFX has been stable across timeframes, ranging from 0.65 to 0.73 - a consistent structural relationship.
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Return for Risk
MIEIX vs. MIGFX — Risk / Return Rank
MIEIX
MIGFX
MIEIX vs. MIGFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International Equity Fund Class R6 (MIEIX) and MFS Massachusetts Investors Growth Stock Fund (MIGFX). 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 | MIGFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.15 | ||
| Sortino ratioReturn per unit of downside risk | +1.58 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.03 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.50 | 0.12 | +1.38 |
| Martin ratioReturn relative to average drawdown | 5.42 | 0.36 | +5.06 |
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Drawdowns
MIEIX vs. MIGFX - Drawdown Comparison
The maximum MIEIX drawdown since its inception was -53.13%, smaller than the maximum MIGFX drawdown of -61.83%. Use the drawdown chart below to compare losses from any high point for MIEIX and MIGFX.
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Drawdown Indicators
| MIEIX | MIGFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.13% | -61.83% | +8.70% |
Max Drawdown (1Y)Largest decline over 1 year | -11.26% | -13.77% | +2.51% |
Max Drawdown (3Y)Largest decline over 3 years | -13.43% | -18.68% | +5.25% |
Max Drawdown (5Y)Largest decline over 5 years | -28.07% | -26.67% | -1.40% |
Max Drawdown (10Y)Largest decline over 10 years | -31.35% | -32.42% | +1.07% |
Current DrawdownCurrent decline from peak | -0.20% | -4.15% | +3.95% |
Average DrawdownAverage peak-to-trough decline | -8.94% | -18.91% | +9.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.10% | 4.57% | -1.47% |
Volatility
MIEIX vs. MIGFX - Volatility Comparison
MFS International Equity Fund Class R6 (MIEIX) has a higher volatility of 3.74% compared to MFS Massachusetts Investors Growth Stock Fund (MIGFX) at 3.27%. This indicates that MIEIX's price experiences larger fluctuations and is considered to be riskier than MIGFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MIEIX | MIGFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.74% | 3.27% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 10.93% | 10.70% | +0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.29% | 13.40% | -0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.39% | 17.62% | -2.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.67% | 18.20% | -2.53% |
MIEIX vs. MIGFX - Expense Ratio Comparison
MIEIX has a 0.64% expense ratio, which is lower than MIGFX's 0.70% expense ratio.
Dividends
MIEIX vs. MIGFX - Dividend Comparison
MIEIX's dividend yield for the trailing twelve months is around 2.47%, less than MIGFX's 10.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
MIGFX MFS Massachusetts Investors Growth Stock Fund | 10.83% | 11.39% | 17.15% | 4.11% | 4.49% | 10.47% | 7.43% | 7.39% | 10.76% | 6.87% | 5.12% | 6.51% |
Frequently Asked Questions
MIEIX and MIGFX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MIEIX has higher volatility (3.74%) compared to MIGFX (3.27%). In terms of maximum drawdown, MIEIX dropped -53.13% vs MIGFX's -61.83%.
MIEIX currently has the higher Sharpe Ratio (1.27 vs 0.12), 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.
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