MIGFX vs. FXAIX
Compare and contrast key facts about MFS Massachusetts Investors Growth Stock Fund (MIGFX) and Fidelity 500 Index Fund (FXAIX).
MIGFX is managed by MFS. It was launched on Jan 1, 1935. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIGFX or FXAIX.
Key characteristics
| MIGFX | FXAIX | |
|---|---|---|
| YTD Return | 18.42% | 27.16% |
| 1Y Return | 24.93% | 39.89% |
| 3Y Return (Ann) | 1.26% | 10.29% |
| 5Y Return (Ann) | 7.43% | 16.01% |
| 10Y Return (Ann) | 7.56% | 13.33% |
| Sharpe Ratio | 1.92 | 3.13 |
| Sortino Ratio | 2.58 | 4.16 |
| Omega Ratio | 1.35 | 1.59 |
| Calmar Ratio | 1.37 | 4.59 |
| Martin Ratio | 10.92 | 20.80 |
| Ulcer Index | 2.21% | 1.86% |
| Daily Std Dev | 12.55% | 12.39% |
| Max Drawdown | -61.53% | -33.79% |
| Current Drawdown | -0.26% | 0.00% |
Correlation
The correlation between MIGFX and FXAIX is 0.95, 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. FXAIX - Performance Comparison
In the year-to-date period, MIGFX achieves a 18.42% return, which is significantly lower than FXAIX's 27.16% return. Over the past 10 years, MIGFX has underperformed FXAIX with an annualized return of 7.56%, while FXAIX has yielded a comparatively higher 13.33% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MIGFX vs. FXAIX - Expense Ratio Comparison
MIGFX has a 0.70% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
MIGFX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Massachusetts Investors Growth Stock Fund (MIGFX) and Fidelity 500 Index Fund (FXAIX). 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. FXAIX - Dividend Comparison
MIGFX's dividend yield for the trailing twelve months is around 0.35%, less than FXAIX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIGFX MFS Massachusetts Investors Growth Stock Fund | 0.35% | 0.41% | 0.44% | 0.18% | 0.15% | 0.27% | 1.08% | 0.89% | 0.80% | 0.92% | 4.42% | 2.00% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
MIGFX vs. FXAIX - Drawdown Comparison
The maximum MIGFX drawdown since its inception was -61.53%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for MIGFX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
MIGFX vs. FXAIX - Volatility Comparison
The current volatility for MFS Massachusetts Investors Growth Stock Fund (MIGFX) is 3.56%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.91%. This indicates that MIGFX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.