MINJX vs. MDIJX

Last updated Jun 4, 2026

MINJX (MFS International Intrinsic Value Fund Class R6) and MDIJX (MFS International Diversification Fund) are both Foreign Large Cap Equities funds from MFS. Over the past 10 years, MINJX returned 10.44%/yr vs 9.90%/yr for MDIJX. With a 0.96 correlation, they move nearly in lockstep. MINJX charges 0.66%/yr vs 0.82%/yr for MDIJX.

Performance

MINJX vs. MDIJX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS International Intrinsic Value Fund Class R6 (MINJX) and MFS International Diversification Fund (MDIJX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MINJX achieves a 7.29% return, which is significantly lower than MDIJX's 10.27% return. Over the past 10 years, MINJX has outperformed MDIJX with an annualized return of 10.44%, while MDIJX has yielded a comparatively lower 9.90% annualized return.

MINJX

• 1D: 0.62%
• 1M: 3.72%
• YTD: 7.29%
• 6M: 9.32%
• 1Y: 21.23%
• 3Y*: 17.76%
• 5Y*: 8.28%
• 10Y*: 10.44%

MDIJX

• 1D: 0.62%
• 1M: 4.51%
• YTD: 10.27%
• 6M: 12.30%
• 1Y: 22.89%
• 3Y*: 16.34%
• 5Y*: 7.22%
• 10Y*: 9.90%

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

MINJX vs. MDIJX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MINJX MFS International Intrinsic Value Fund Class R6	7.29%	33.23%	7.45%	18.18%	-22.97%	10.67%	20.57%	26.01%	-8.90%	27.25%
MDIJX MFS International Diversification Fund	10.27%	27.84%	6.41%	14.37%	-17.12%	7.69%	15.26%	26.00%	-11.05%	30.29%

Correlation

The correlation between MINJX and MDIJX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since May 1, 2006	0.96

The correlation between MINJX and MDIJX has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

MINJX vs. MDIJX — Risk / Return Rank

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

MINJX

MINJX Risk / Return Rank: 25
MINJX Sharpe Ratio Rank: 27
MINJX Sortino Ratio Rank: 26
MINJX Omega Ratio Rank: 26
MINJX Calmar Ratio Rank: 20
MINJX Martin Ratio Rank: 24

MDIJX

MDIJX Risk / Return Rank: 35
MDIJX Sharpe Ratio Rank: 38
MDIJX Sortino Ratio Rank: 37
MDIJX Omega Ratio Rank: 39
MDIJX Calmar Ratio Rank: 28
MDIJX Martin Ratio Rank: 32

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.

MINJX vs. MDIJX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS International Intrinsic Value Fund Class R6 (MINJX) and MFS International Diversification Fund (MDIJX). 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.

	MINJX	MDIJX	Difference
Sharpe ratio: Return per unit of total volatility	1.49	1.79	-0.31
Sortino ratio: Return per unit of downside risk	2.14	2.54	-0.40
Omega ratio: Gain probability vs. loss probability	1.26	1.33	-0.07
Calmar ratio: Return relative to maximum drawdown	1.66	1.96	-0.30
Martin ratio: Return relative to average drawdown	5.99	7.43	-1.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MINJX vs. MDIJX - Sharpe Ratio Comparison

The current MINJX Sharpe Ratio is 1.49, which is comparable to the MDIJX Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of MINJX and MDIJX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MINJX	MDIJX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	1.79	-0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.51	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.68	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.47	-0.10

Drawdowns

MINJX vs. MDIJX - Drawdown Comparison

The maximum MINJX drawdown since its inception was -60.23%, which is greater than MDIJX's maximum drawdown of -56.60%. Use the drawdown chart below to compare losses from any high point for MINJX and MDIJX.

Drawdown Indicators

	MINJX	MDIJX	Difference
Max Drawdown Largest peak-to-trough decline	-60.23%	-56.60%	-3.63%
Max Drawdown (1Y) Largest decline over 1 year	-12.40%	-11.40%	-1.00%
Max Drawdown (3Y) Largest decline over 3 years	-13.58%	-12.57%	-1.01%
Max Drawdown (5Y) Largest decline over 5 years	-37.01%	-30.19%	-6.82%
Max Drawdown (10Y) Largest decline over 10 years	-37.01%	-30.19%	-6.82%
Current Drawdown Current decline from peak	-2.28%	0.00%	-2.28%
Average Drawdown Average peak-to-trough decline	-12.52%	-9.09%	-3.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.43%	3.01%	+0.42%

Volatility

MINJX vs. MDIJX - Volatility Comparison

MFS International Intrinsic Value Fund Class R6 (MINJX) and MFS International Diversification Fund (MDIJX) have volatilities of 4.07% and 3.98%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MINJX	MDIJX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.07%	3.98%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	10.99%	10.17%	+0.82%
Volatility (1Y) Calculated over the trailing 1-year period	13.88%	12.51%	+1.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.72%	14.22%	+2.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.66%	14.70%	+0.96%

MINJX vs. MDIJX - Expense Ratio Comparison

MINJX has a 0.66% expense ratio, which is lower than MDIJX's 0.82% expense ratio.

Dividends

MINJX vs. MDIJX - Dividend Comparison

MINJX's dividend yield for the trailing twelve months is around 7.99%, more than MDIJX's 4.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MDIJX MFS International Diversification Fund	4.69%	5.17%	3.50%	4.14%	2.64%	2.70%	1.64%	2.50%	3.14%	1.63%	2.18%	1.69%
MINJX MFS International Intrinsic Value Fund Class R6	7.99%	8.58%	13.14%	12.16%	14.96%	7.71%	5.62%	4.23%	4.84%	2.85%	2.02%	3.43%

Frequently Asked Questions

Can I hold both MINJX and MDIJX in my portfolio?

With a correlation of 0.95, MINJX and MDIJX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, MINJX or MDIJX?

MINJX has higher volatility (4.07%) compared to MDIJX (3.98%). In terms of maximum drawdown, MINJX dropped -60.23% vs MDIJX's -56.60%.

Which has better risk-adjusted returns?

MDIJX currently has the higher Sharpe Ratio (1.79 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.