MINIX vs. VHCAX

Last updated Jun 24, 2026

MINIX (MFS International Intrinsic Value Fund Class I) and VHCAX (Vanguard Capital Opportunity Fund Admiral Shares) are both Large Cap Growth Equities funds. Over the past 10 years, MINIX returned 10.68%/yr vs 18.16%/yr for VHCAX. A 0.68 correlation means they provide meaningful diversification when combined. MINIX charges 0.72%/yr vs 0.36%/yr for VHCAX.

Performance

MINIX vs. VHCAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS International Intrinsic Value Fund Class I (MINIX) and Vanguard Capital Opportunity Fund Admiral Shares (VHCAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MINIX achieves a 6.23% return, which is significantly lower than VHCAX's 28.29% return. Over the past 10 years, MINIX has underperformed VHCAX with an annualized return of 10.68%, while VHCAX has yielded a comparatively higher 18.16% annualized return.

MINIX

• 1D: 0.10%
• 1M: 0.30%
• YTD: 6.23%
• 6M: 5.59%
• 1Y: 21.23%
• 3Y*: 17.50%
• 5Y*: 7.76%
• 10Y*: 10.68%

VHCAX

• 1D: 1.13%
• 1M: 8.35%
• YTD: 28.29%
• 6M: 26.78%
• 1Y: 57.13%
• 3Y*: 27.20%
• 5Y*: 14.60%
• 10Y*: 18.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MINIX vs. VHCAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MINIX MFS International Intrinsic Value Fund Class I	6.23%	33.06%	7.35%	18.04%	-23.05%	10.55%	20.45%	25.90%	-9.02%	27.14%
VHCAX Vanguard Capital Opportunity Fund Admiral Shares	28.29%	25.83%	14.07%	25.63%	-17.56%	20.92%	22.83%	27.30%	-3.71%	28.37%

Correlation

The correlation between MINIX and VHCAX is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (10Y) Calculated over the trailing 10-year period	0.73
Correlation (All Time) Calculated using the full available price history since Nov 12, 2001	0.68

The correlation between MINIX and VHCAX has been stable across timeframes, ranging from 0.67 to 0.74 - a consistent structural relationship.

Return for Risk

MINIX vs. VHCAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MINIX

MINIX Risk / Return Rank: 28
MINIX Sharpe Ratio Rank: 31
MINIX Sortino Ratio Rank: 29
MINIX Omega Ratio Rank: 29
MINIX Calmar Ratio Rank: 25
MINIX Martin Ratio Rank: 28

VHCAX

VHCAX Risk / Return Rank: 92
VHCAX Sharpe Ratio Rank: 96
VHCAX Sortino Ratio Rank: 90
VHCAX Omega Ratio Rank: 87
VHCAX Calmar Ratio Rank: 92
VHCAX Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MINIX vs. VHCAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS International Intrinsic Value Fund Class I (MINIX) and Vanguard Capital Opportunity Fund Admiral Shares (VHCAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MINIX	VHCAX	Difference
Sharpe ratio: Return per unit of total volatility	1.49	3.17	-1.68
Sortino ratio: Return per unit of downside risk	2.10	4.15	-2.05
Omega ratio: Gain probability vs. loss probability	1.27	1.56	-0.30
Calmar ratio: Return relative to maximum drawdown	1.73	4.71	-2.99
Martin ratio: Return relative to average drawdown	6.04	20.79	-14.75

MINIX vs. VHCAX - Sharpe Ratio Comparison

The current MINIX Sharpe Ratio is 1.49, which is lower than the VHCAX Sharpe Ratio of 3.17. The chart below compares the historical Sharpe Ratios of MINIX and VHCAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MINIX vs. VHCAX - Drawdown Comparison

The maximum MINIX drawdown since its inception was -51.72%, roughly equal to the maximum VHCAX drawdown of -54.27%. Use the drawdown chart below to compare losses from any high point for MINIX and VHCAX.

Drawdown Indicators

	MINIX	VHCAX	Difference
Max Drawdown Largest peak-to-trough decline	-51.72%	-54.27%	+2.55%
Max Drawdown (1Y) Largest decline over 1 year	-12.42%	-12.42%	0.00%
Max Drawdown (3Y) Largest decline over 3 years	-13.59%	-23.92%	+10.33%
Max Drawdown (5Y) Largest decline over 5 years	-36.78%	-27.55%	-9.23%
Max Drawdown (10Y) Largest decline over 10 years	-36.78%	-33.78%	-3.00%
Current Drawdown Current decline from peak	-3.24%	0.00%	-3.24%
Average Drawdown Average peak-to-trough decline	-8.60%	-8.39%	-0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.55%	2.81%	+0.74%

Volatility

MINIX vs. VHCAX - Volatility Comparison

The current volatility for MFS International Intrinsic Value Fund Class I (MINIX) is 5.03%, while Vanguard Capital Opportunity Fund Admiral Shares (VHCAX) has a volatility of 8.40%. This indicates that MINIX experiences smaller price fluctuations and is considered to be less risky than VHCAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MINIX	VHCAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.03%	8.40%	-3.37%
Volatility (6M) Calculated over the trailing 6-month period	11.79%	15.51%	-3.72%
Volatility (1Y) Calculated over the trailing 1-year period	14.41%	18.49%	-4.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.73%	20.09%	-3.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.63%	20.45%	-4.82%

MINIX vs. VHCAX - Expense Ratio Comparison

MINIX has a 0.72% expense ratio, which is higher than VHCAX's 0.36% expense ratio.

Dividends

MINIX vs. VHCAX - Dividend Comparison

MINIX's dividend yield for the trailing twelve months is around 7.31%, less than VHCAX's 7.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MINIX MFS International Intrinsic Value Fund Class I	7.31%	7.77%	12.02%	11.21%	13.90%	7.25%	5.25%	3.94%	4.49%	2.62%	1.82%	3.20%
VHCAX Vanguard Capital Opportunity Fund Admiral Shares	7.57%	9.71%	8.24%	2.40%	9.35%	10.55%	9.19%	6.48%	12.23%	3.87%	5.74%	5.39%

Frequently Asked Questions

Can I hold both MINIX and VHCAX in my portfolio?

MINIX and VHCAX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MINIX or VHCAX?

VHCAX has higher volatility (8.40%) compared to MINIX (5.03%). In terms of maximum drawdown, MINIX dropped -51.72% vs VHCAX's -54.27%.

Which has better risk-adjusted returns?

VHCAX currently has the higher Sharpe Ratio (3.17 vs 1.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.