MIGFX vs. ^GSPC
Compare and contrast key facts about MFS Massachusetts Investors Growth Stock Fund (MIGFX) and S&P 500 (^GSPC).
MIGFX is managed by MFS. It was launched on Jan 1, 1935.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIGFX or ^GSPC.
Correlation
The correlation between MIGFX and ^GSPC is 0.90, 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
MIGFX vs. ^GSPC - Performance Comparison
Key characteristics
MIGFX:
0.69
^GSPC:
2.16
MIGFX:
0.92
^GSPC:
2.87
MIGFX:
1.15
^GSPC:
1.40
MIGFX:
0.65
^GSPC:
3.19
MIGFX:
4.46
^GSPC:
13.87
MIGFX:
2.26%
^GSPC:
1.95%
MIGFX:
14.58%
^GSPC:
12.54%
MIGFX:
-61.53%
^GSPC:
-56.78%
MIGFX:
-9.14%
^GSPC:
-0.82%
Returns By Period
In the year-to-date period, MIGFX achieves a 9.60% return, which is significantly lower than ^GSPC's 26.63% return. Over the past 10 years, MIGFX has underperformed ^GSPC with an annualized return of 6.16%, while ^GSPC has yielded a comparatively higher 11.23% annualized return.
MIGFX
9.60%
-6.99%
-2.38%
10.11%
5.74%
6.16%
^GSPC
26.63%
1.18%
10.44%
27.03%
13.30%
11.23%
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Risk-Adjusted Performance
MIGFX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Massachusetts Investors Growth Stock Fund (MIGFX) and S&P 500 (^GSPC). 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.
Drawdowns
MIGFX vs. ^GSPC - Drawdown Comparison
The maximum MIGFX drawdown since its inception was -61.53%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for MIGFX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
MIGFX vs. ^GSPC - Volatility Comparison
MFS Massachusetts Investors Growth Stock Fund (MIGFX) has a higher volatility of 8.73% compared to S&P 500 (^GSPC) at 3.96%. This indicates that MIGFX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.