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:
0.20
^GSPC:
1.34
MIGFX:
0.34
^GSPC:
1.83
MIGFX:
1.05
^GSPC:
1.24
MIGFX:
0.24
^GSPC:
2.03
MIGFX:
0.65
^GSPC:
8.08
MIGFX:
4.56%
^GSPC:
2.14%
MIGFX:
14.50%
^GSPC:
12.93%
MIGFX:
-61.53%
^GSPC:
-56.78%
MIGFX:
-10.06%
^GSPC:
-3.09%
Returns By Period
In the year-to-date period, MIGFX achieves a 1.04% return, which is significantly lower than ^GSPC's 1.24% return. Over the past 10 years, MIGFX has underperformed ^GSPC with an annualized return of 5.85%, while ^GSPC has yielded a comparatively higher 11.02% annualized return.
MIGFX
1.04%
-1.37%
-5.19%
2.09%
6.85%
5.85%
^GSPC
1.24%
-1.42%
5.42%
15.91%
14.73%
11.02%
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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 3.18%, while S&P 500 (^GSPC) has a volatility of 3.71%. 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.