MIGFX vs. FNIAX
Compare and contrast key facts about MFS Massachusetts Investors Growth Stock Fund (MIGFX) and Fidelity Advisor New Insights Fund Class A (FNIAX).
MIGFX is managed by MFS. It was launched on Jan 1, 1935. FNIAX is managed by Fidelity. It was launched on Jul 31, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIGFX or FNIAX.
Correlation
The correlation between MIGFX and FNIAX 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. FNIAX - Performance Comparison
Key characteristics
MIGFX:
-0.40
FNIAX:
-0.00
MIGFX:
-0.42
FNIAX:
0.15
MIGFX:
0.94
FNIAX:
1.02
MIGFX:
-0.31
FNIAX:
-0.00
MIGFX:
-1.02
FNIAX:
-0.01
MIGFX:
7.48%
FNIAX:
6.57%
MIGFX:
19.13%
FNIAX:
22.01%
MIGFX:
-61.53%
FNIAX:
-49.52%
MIGFX:
-20.65%
FNIAX:
-18.64%
Returns By Period
The year-to-date returns for both stocks are quite close, with MIGFX having a -10.86% return and FNIAX slightly lower at -11.19%. Over the past 10 years, MIGFX has outperformed FNIAX with an annualized return of 4.65%, while FNIAX has yielded a comparatively lower 3.17% annualized return.
MIGFX
-10.86%
-7.96%
-19.38%
-6.96%
4.94%
4.65%
FNIAX
-11.19%
-7.07%
-14.03%
0.68%
5.27%
3.17%
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MIGFX vs. FNIAX - Expense Ratio Comparison
MIGFX has a 0.70% expense ratio, which is lower than FNIAX's 0.93% expense ratio.
Risk-Adjusted Performance
MIGFX vs. FNIAX — Risk-Adjusted Performance Rank
MIGFX
FNIAX
MIGFX vs. FNIAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Massachusetts Investors Growth Stock Fund (MIGFX) and Fidelity Advisor New Insights Fund Class A (FNIAX). 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.
Dividends
MIGFX vs. FNIAX - Dividend Comparison
MIGFX's dividend yield for the trailing twelve months is around 0.27%, more than FNIAX's 0.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIGFX MFS Massachusetts Investors Growth Stock Fund | 0.27% | 0.24% | 0.41% | 0.44% | 0.18% | 0.15% | 0.27% | 1.08% | 0.89% | 0.80% | 0.92% | 4.42% |
FNIAX Fidelity Advisor New Insights Fund Class A | 0.03% | 0.04% | 0.20% | 2.57% | 0.00% | 0.01% | 0.14% | 0.00% | 0.00% | 0.14% | 0.65% | 7.60% |
Drawdowns
MIGFX vs. FNIAX - Drawdown Comparison
The maximum MIGFX drawdown since its inception was -61.53%, which is greater than FNIAX's maximum drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for MIGFX and FNIAX. For additional features, visit the drawdowns tool.
Volatility
MIGFX vs. FNIAX - Volatility Comparison
The current volatility for MFS Massachusetts Investors Growth Stock Fund (MIGFX) is 12.32%, while Fidelity Advisor New Insights Fund Class A (FNIAX) has a volatility of 13.89%. This indicates that MIGFX experiences smaller price fluctuations and is considered to be less risky than FNIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.