MITTX vs. ILCB
MITTX (MFS Massachusetts Investors Trust) and ILCB (iShares Morningstar U.S. Equity ETF) are both funds - MITTX is a Large Cap Blend Equities fund managed by MFS, while ILCB is a Large Cap Growth Equities fund tracking the Morningstar US Large-Mid Cap Index. Over the past 10 years, MITTX returned 13.71%/yr vs 15.13%/yr for ILCB. Their correlation of 0.94 suggests significant overlap in exposure. MITTX charges 0.70%/yr vs 0.03%/yr for ILCB.
Performance
MITTX vs. ILCB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MITTX achieves a 7.77% return, which is significantly lower than ILCB's 10.02% return. Over the past 10 years, MITTX has underperformed ILCB with an annualized return of 13.71%, while ILCB has yielded a comparatively higher 15.13% annualized return.
MITTX
- 1D
- 0.95%
- 1M
- 0.76%
- YTD
- 7.77%
- 6M
- 7.46%
- 1Y
- 20.45%
- 3Y*
- 16.64%
- 5Y*
- 10.47%
- 10Y*
- 13.71%
ILCB
- 1D
- -0.40%
- 1M
- 0.36%
- YTD
- 10.02%
- 6M
- 9.47%
- 1Y
- 26.73%
- 3Y*
- 21.60%
- 5Y*
- 13.05%
- 10Y*
- 15.13%
MITTX vs. ILCB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MITTX MFS Massachusetts Investors Trust | 7.77% | 13.67% | 19.69% | 19.26% | -16.27% | 26.73% | 18.72% | 31.92% | -5.56% | 23.55% |
ILCB iShares Morningstar U.S. Equity ETF | 10.02% | 17.70% | 24.96% | 26.91% | -19.48% | 24.07% | 19.40% | 32.68% | -8.51% | 22.09% |
Correlation
The correlation between MITTX and ILCB is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| 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 | 0.97 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2004 | 0.94 |
The correlation between MITTX and ILCB has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MITTX vs. ILCB — Risk / Return Rank
MITTX
ILCB
MITTX vs. ILCB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Massachusetts Investors Trust (MITTX) and iShares Morningstar U.S. Equity ETF (ILCB). 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.
| MITTX | ILCB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.38 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.07 | 2.95 | -0.88 |
| Martin ratioReturn relative to average drawdown | 8.88 | 13.14 | -4.27 |
Loading charts...
Drawdowns
MITTX vs. ILCB - Drawdown Comparison
The maximum MITTX drawdown since its inception was -49.54%, roughly equal to the maximum ILCB drawdown of -51.53%. Use the drawdown chart below to compare losses from any high point for MITTX and ILCB.
Loading charts...
Drawdown Indicators
| MITTX | ILCB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.54% | -51.53% | +1.99% |
Max Drawdown (1Y)Largest decline over 1 year | -9.76% | -9.09% | -0.67% |
Max Drawdown (3Y)Largest decline over 3 years | -16.10% | -19.05% | +2.95% |
Max Drawdown (5Y)Largest decline over 5 years | -23.27% | -25.47% | +2.20% |
Max Drawdown (10Y)Largest decline over 10 years | -33.45% | -35.30% | +1.85% |
Current DrawdownCurrent decline from peak | -0.39% | -1.66% | +1.27% |
Average DrawdownAverage peak-to-trough decline | -10.53% | -6.23% | -4.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.27% | 2.04% | +0.23% |
Volatility
MITTX vs. ILCB - Volatility Comparison
The current volatility for MFS Massachusetts Investors Trust (MITTX) is 4.29%, while iShares Morningstar U.S. Equity ETF (ILCB) has a volatility of 4.62%. This indicates that MITTX experiences smaller price fluctuations and is considered to be less risky than ILCB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MITTX | ILCB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.29% | 4.62% | -0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 9.34% | 9.90% | -0.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.72% | 12.60% | -0.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.77% | 17.21% | -1.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.24% | 18.21% | -0.97% |
MITTX vs. ILCB - Expense Ratio Comparison
MITTX has a 0.70% expense ratio, which is higher than ILCB's 0.03% expense ratio.
Dividends
MITTX vs. ILCB - Dividend Comparison
MITTX's dividend yield for the trailing twelve months is around 13.29%, more than ILCB's 0.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ILCB iShares Morningstar U.S. Equity ETF | 0.98% | 1.11% | 1.19% | 1.43% | 1.65% | 1.16% | 1.26% | 2.25% | 2.17% | 1.81% | 1.97% | 2.44% |
MITTX MFS Massachusetts Investors Trust | 13.29% | 14.33% | 14.47% | 10.96% | 9.35% | 8.66% | 8.14% | 7.58% | 13.49% | 7.27% | 5.55% | 6.02% |
Frequently Asked Questions
With a correlation of 0.95, MITTX and ILCB 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.
ILCB has higher volatility (4.62%) compared to MITTX (4.29%). In terms of maximum drawdown, MITTX dropped -49.54% vs ILCB's -51.53%.
ILCB currently has the higher Sharpe Ratio (2.13 vs 1.73), 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.
Find the right allocation for MITTX and ILCB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer