MIGNX vs. AAPL
Compare and contrast key facts about MFS Massachusetts Investors Growth Stock Fund Class R6 (MIGNX) and Apple Inc (AAPL).
MIGNX is a passively managed fund by MFS that tracks the performance of the Russell 1000 Growth Index. It was launched on Jun 1, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIGNX or AAPL.
Performance
MIGNX vs. AAPL - Performance Comparison
Returns By Period
In the year-to-date period, MIGNX achieves a 16.22% return, which is significantly lower than AAPL's 17.44% return. Over the past 10 years, MIGNX has underperformed AAPL with an annualized return of 7.85%, while AAPL has yielded a comparatively higher 24.21% annualized return.
MIGNX
16.22%
-1.65%
5.94%
18.04%
7.28%
7.85%
AAPL
17.44%
-4.15%
18.77%
19.20%
28.47%
24.21%
Key characteristics
| MIGNX | AAPL | |
|---|---|---|
| Sharpe Ratio | 1.51 | 0.90 |
| Sortino Ratio | 2.06 | 1.44 |
| Omega Ratio | 1.28 | 1.18 |
| Calmar Ratio | 1.30 | 1.22 |
| Martin Ratio | 8.63 | 2.86 |
| Ulcer Index | 2.17% | 7.08% |
| Daily Std Dev | 12.37% | 22.50% |
| Max Drawdown | -32.47% | -81.80% |
| Current Drawdown | -2.37% | -4.75% |
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Correlation
The correlation between MIGNX and AAPL is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
MIGNX vs. AAPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Massachusetts Investors Growth Stock Fund Class R6 (MIGNX) and Apple Inc (AAPL). 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
MIGNX vs. AAPL - Dividend Comparison
MIGNX's dividend yield for the trailing twelve months is around 0.61%, more than AAPL's 0.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIGNX MFS Massachusetts Investors Growth Stock Fund Class R6 | 0.61% | 0.71% | 0.78% | 0.47% | 0.46% | 0.56% | 1.43% | 1.20% | 1.15% | 1.28% | 4.98% | 2.53% |
AAPL Apple Inc | 0.44% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% | 2.10% |
Drawdowns
MIGNX vs. AAPL - Drawdown Comparison
The maximum MIGNX drawdown since its inception was -32.47%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for MIGNX and AAPL. For additional features, visit the drawdowns tool.
Volatility
MIGNX vs. AAPL - Volatility Comparison
The current volatility for MFS Massachusetts Investors Growth Stock Fund Class R6 (MIGNX) is 3.70%, while Apple Inc (AAPL) has a volatility of 5.16%. This indicates that MIGNX experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.