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.
Key characteristics
| MIGFX | ^GSPC | |
|---|---|---|
| YTD Return | 18.27% | 25.45% |
| 1Y Return | 23.35% | 35.64% |
| 3Y Return (Ann) | 1.15% | 8.55% |
| 5Y Return (Ann) | 7.28% | 14.13% |
| 10Y Return (Ann) | 7.54% | 11.39% |
| Sharpe Ratio | 1.85 | 2.90 |
| Sortino Ratio | 2.49 | 3.87 |
| Omega Ratio | 1.34 | 1.54 |
| Calmar Ratio | 1.38 | 4.19 |
| Martin Ratio | 10.43 | 18.72 |
| Ulcer Index | 2.21% | 1.90% |
| Daily Std Dev | 12.46% | 12.27% |
| Max Drawdown | -61.53% | -56.78% |
| Current Drawdown | -0.39% | -0.29% |
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
In the year-to-date period, MIGFX achieves a 18.27% return, which is significantly lower than ^GSPC's 25.45% return. Over the past 10 years, MIGFX has underperformed ^GSPC with an annualized return of 7.54%, while ^GSPC has yielded a comparatively higher 11.39% 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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Risk-Adjusted Performance
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 3.43%, while S&P 500 (^GSPC) has a volatility of 3.86%. 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.