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:
0.10
^GSPC:
1.18
MIGFX:
0.21
^GSPC:
1.63
MIGFX:
1.03
^GSPC:
1.22
MIGFX:
0.12
^GSPC:
1.81
MIGFX:
0.30
^GSPC:
7.13
MIGFX:
4.61%
^GSPC:
2.16%
MIGFX:
14.59%
^GSPC:
13.06%
MIGFX:
-61.53%
^GSPC:
-56.78%
MIGFX:
-11.37%
^GSPC:
-4.79%
Returns By Period
In the year-to-date period, MIGFX achieves a -0.43% return, which is significantly higher than ^GSPC's -0.54% return. Over the past 10 years, MIGFX has underperformed ^GSPC with an annualized return of 5.86%, while ^GSPC has yielded a comparatively higher 10.98% annualized return.
MIGFX
-0.43%
-2.80%
-6.57%
0.60%
5.68%
5.86%
^GSPC
-0.54%
-3.16%
3.56%
13.87%
13.38%
10.98%
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Risk-Adjusted Performance
MIGFX vs. ^GSPC — Risk-Adjusted Performance Rank
MIGFX
^GSPC
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
The current volatility for MFS Massachusetts Investors Growth Stock Fund (MIGFX) is 3.44%, while S&P 500 (^GSPC) has a volatility of 4.02%. This indicates that MIGFX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.