Correlation
The correlation between MIGNX and FBCGX 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.
MIGNX vs. FBCGX
Compare and contrast key facts about MFS Massachusetts Investors Growth Stock Fund Class R6 (MIGNX) and Fidelity Blue Chip Growth K6 Fund (FBCGX).
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. FBCGX is managed by Fidelity. It was launched on May 25, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIGNX or FBCGX.
Performance
MIGNX vs. FBCGX - Performance Comparison
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Key characteristics
MIGNX:
0.37
FBCGX:
0.43
MIGNX:
0.54
FBCGX:
0.83
MIGNX:
1.07
FBCGX:
1.11
MIGNX:
0.28
FBCGX:
0.49
MIGNX:
1.06
FBCGX:
1.50
MIGNX:
4.97%
FBCGX:
8.67%
MIGNX:
18.35%
FBCGX:
28.45%
MIGNX:
-32.40%
FBCGX:
-42.55%
MIGNX:
-4.39%
FBCGX:
-7.02%
Returns By Period
In the year-to-date period, MIGNX achieves a -0.47% return, which is significantly higher than FBCGX's -1.76% return.
MIGNX
-0.47%
6.69%
-2.40%
6.65%
10.91%
13.37%
13.17%
FBCGX
-1.76%
10.81%
0.00%
12.28%
22.20%
18.95%
N/A
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MIGNX vs. FBCGX - Expense Ratio Comparison
MIGNX has a 0.37% expense ratio, which is lower than FBCGX's 0.45% expense ratio.
Risk-Adjusted Performance
MIGNX vs. FBCGX — Risk-Adjusted Performance Rank
MIGNX
FBCGX
MIGNX vs. FBCGX - 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 Fidelity Blue Chip Growth K6 Fund (FBCGX). 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.
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Dividends
MIGNX vs. FBCGX - Dividend Comparison
MIGNX's dividend yield for the trailing twelve months is around 8.55%, more than FBCGX's 0.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIGNX MFS Massachusetts Investors Growth Stock Fund Class R6 | 8.55% | 8.51% | 4.25% | 4.67% | 10.36% | 7.48% | 7.46% | 10.83% | 7.02% | 6.14% | 6.73% | 4.04% |
FBCGX Fidelity Blue Chip Growth K6 Fund | 0.63% | 0.62% | 0.26% | 0.12% | 6.72% | 1.26% | 0.28% | 0.46% | 0.13% | 0.00% | 0.00% | 0.00% |
Drawdowns
MIGNX vs. FBCGX - Drawdown Comparison
The maximum MIGNX drawdown since its inception was -32.40%, smaller than the maximum FBCGX drawdown of -42.55%. Use the drawdown chart below to compare losses from any high point for MIGNX and FBCGX.
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Volatility
MIGNX vs. FBCGX - Volatility Comparison
The current volatility for MFS Massachusetts Investors Growth Stock Fund Class R6 (MIGNX) is 4.93%, while Fidelity Blue Chip Growth K6 Fund (FBCGX) has a volatility of 6.38%. This indicates that MIGNX experiences smaller price fluctuations and is considered to be less risky than FBCGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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