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MIGFX vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


MIGFXSPY
YTD Return18.17%26.83%
1Y Return20.89%34.88%
3Y Return (Ann)1.12%10.16%
5Y Return (Ann)7.10%15.71%
10Y Return (Ann)7.52%13.33%
Sharpe Ratio1.873.08
Sortino Ratio2.514.10
Omega Ratio1.341.58
Calmar Ratio1.494.46
Martin Ratio10.5320.22
Ulcer Index2.21%1.85%
Daily Std Dev12.45%12.18%
Max Drawdown-61.53%-55.19%
Current Drawdown-0.47%-0.26%

Correlation

-0.50.00.51.00.9

The correlation between MIGFX and SPY 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. SPY - Performance Comparison

In the year-to-date period, MIGFX achieves a 18.17% return, which is significantly lower than SPY's 26.83% return. Over the past 10 years, MIGFX has underperformed SPY with an annualized return of 7.52%, while SPY 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.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
7.61%
13.43%
MIGFX
SPY

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MIGFX vs. SPY - Expense Ratio Comparison

MIGFX has a 0.70% expense ratio, which is higher than SPY's 0.09% expense ratio.


MIGFX
MFS Massachusetts Investors Growth Stock Fund
Expense ratio chart for MIGFX: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

MIGFX vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Massachusetts Investors Growth Stock Fund (MIGFX) and SPDR S&P 500 ETF (SPY). 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.


MIGFX
Sharpe ratio
The chart of Sharpe ratio for MIGFX, currently valued at 1.87, compared to the broader market0.002.004.001.87
Sortino ratio
The chart of Sortino ratio for MIGFX, currently valued at 2.51, compared to the broader market0.005.0010.002.51
Omega ratio
The chart of Omega ratio for MIGFX, currently valued at 1.34, compared to the broader market1.002.003.004.001.34
Calmar ratio
The chart of Calmar ratio for MIGFX, currently valued at 1.49, compared to the broader market0.005.0010.0015.0020.0025.001.49
Martin ratio
The chart of Martin ratio for MIGFX, currently valued at 10.53, compared to the broader market0.0020.0040.0060.0080.00100.0010.53
SPY
Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 3.08, compared to the broader market0.002.004.003.08
Sortino ratio
The chart of Sortino ratio for SPY, currently valued at 4.10, compared to the broader market0.005.0010.004.10
Omega ratio
The chart of Omega ratio for SPY, currently valued at 1.58, compared to the broader market1.002.003.004.001.58
Calmar ratio
The chart of Calmar ratio for SPY, currently valued at 4.46, compared to the broader market0.005.0010.0015.0020.0025.004.46
Martin ratio
The chart of Martin ratio for SPY, currently valued at 20.22, compared to the broader market0.0020.0040.0060.0080.00100.0020.22

MIGFX vs. SPY - Sharpe Ratio Comparison

The current MIGFX Sharpe Ratio is 1.87, which is lower than the SPY Sharpe Ratio of 3.08. The chart below compares the historical Sharpe Ratios of MIGFX and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
1.87
3.08
MIGFX
SPY

Dividends

MIGFX vs. SPY - Dividend Comparison

MIGFX's dividend yield for the trailing twelve months is around 0.35%, less than SPY's 1.17% yield.


TTM20232022202120202019201820172016201520142013
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%
SPY
SPDR S&P 500 ETF
1.17%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

MIGFX vs. SPY - Drawdown Comparison

The maximum MIGFX drawdown since its inception was -61.53%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MIGFX and SPY. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.47%
-0.26%
MIGFX
SPY

Volatility

MIGFX vs. SPY - Volatility Comparison

The current volatility for MFS Massachusetts Investors Growth Stock Fund (MIGFX) is 3.38%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.77%. This indicates that MIGFX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.38%
3.77%
MIGFX
SPY