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MITTX vs. MFSSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MITTX vs. MFSSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Massachusetts Investors Trust (MITTX) and MFS Massachusetts Municipal Bond Fund (MFSSX). The values are adjusted to include any dividend payments, if applicable.

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MITTX vs. MFSSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MITTX
MFS Massachusetts Investors Trust
-6.58%13.67%19.69%19.26%-16.27%26.73%18.72%31.92%-5.56%23.55%
MFSSX
MFS Massachusetts Municipal Bond Fund
-0.66%4.04%1.94%5.59%-10.79%2.02%3.71%7.56%0.77%4.86%

Returns By Period

In the year-to-date period, MITTX achieves a -6.58% return, which is significantly lower than MFSSX's -0.66% return. Over the past 10 years, MITTX has outperformed MFSSX with an annualized return of 12.28%, while MFSSX has yielded a comparatively lower 1.66% annualized return.


MITTX

1D
-0.15%
1M
-8.19%
YTD
-6.58%
6M
-4.84%
1Y
8.95%
3Y*
13.55%
5Y*
8.64%
10Y*
12.28%

MFSSX

1D
0.20%
1M
-2.52%
YTD
-0.66%
6M
0.95%
1Y
3.30%
3Y*
2.72%
5Y*
0.29%
10Y*
1.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MITTX vs. MFSSX - Expense Ratio Comparison

MITTX has a 0.70% expense ratio, which is lower than MFSSX's 0.83% expense ratio.


Return for Risk

MITTX vs. MFSSX — Risk / Return Rank

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

MITTX
MITTX Risk / Return Rank: 2525
Overall Rank
MITTX Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
MITTX Sortino Ratio Rank: 2525
Sortino Ratio Rank
MITTX Omega Ratio Rank: 2626
Omega Ratio Rank
MITTX Calmar Ratio Rank: 2424
Calmar Ratio Rank
MITTX Martin Ratio Rank: 2727
Martin Ratio Rank

MFSSX
MFSSX Risk / Return Rank: 3434
Overall Rank
MFSSX Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
MFSSX Sortino Ratio Rank: 2929
Sortino Ratio Rank
MFSSX Omega Ratio Rank: 5454
Omega Ratio Rank
MFSSX Calmar Ratio Rank: 3030
Calmar Ratio Rank
MFSSX Martin Ratio Rank: 2424
Martin Ratio Rank
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.

MITTX vs. MFSSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Massachusetts Investors Trust (MITTX) and MFS Massachusetts Municipal Bond Fund (MFSSX). 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.


MITTXMFSSXDifference

Sharpe ratio

Return per unit of total volatility

0.59

0.79

-0.19

Sortino ratio

Return per unit of downside risk

0.94

1.09

-0.15

Omega ratio

Gain probability vs. loss probability

1.14

1.22

-0.08

Calmar ratio

Return relative to maximum drawdown

0.70

0.86

-0.16

Martin ratio

Return relative to average drawdown

2.89

2.71

+0.18

MITTX vs. MFSSX - Sharpe Ratio Comparison

The current MITTX Sharpe Ratio is 0.59, which is comparable to the MFSSX Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of MITTX and MFSSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


MITTXMFSSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.59

0.79

-0.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.56

0.07

+0.49

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

0.38

+0.33

Sharpe Ratio (All Time)

Calculated using the full available price history

0.42

1.10

-0.68

Correlation

The correlation between MITTX and MFSSX is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

MITTX vs. MFSSX - Dividend Comparison

MITTX's dividend yield for the trailing twelve months is around 15.33%, more than MFSSX's 3.23% yield.


TTM20252024202320222021202020192018201720162015
MITTX
MFS Massachusetts Investors Trust
15.33%14.33%14.47%10.96%9.35%8.66%8.14%7.58%13.49%7.27%5.55%6.02%
MFSSX
MFS Massachusetts Municipal Bond Fund
3.23%4.20%2.81%2.43%1.84%1.91%2.44%3.27%3.42%3.74%3.64%3.70%

Drawdowns

MITTX vs. MFSSX - Drawdown Comparison

The maximum MITTX drawdown since its inception was -49.54%, which is greater than MFSSX's maximum drawdown of -17.05%. Use the drawdown chart below to compare losses from any high point for MITTX and MFSSX.


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Drawdown Indicators


MITTXMFSSXDifference

Max Drawdown

Largest peak-to-trough decline

-49.54%

-17.05%

-32.49%

Max Drawdown (1Y)

Largest decline over 1 year

-10.76%

-5.22%

-5.54%

Max Drawdown (5Y)

Largest decline over 5 years

-23.27%

-16.13%

-7.14%

Max Drawdown (10Y)

Largest decline over 10 years

-33.45%

-16.13%

-17.32%

Current Drawdown

Current decline from peak

-9.76%

-2.52%

-7.24%

Average Drawdown

Average peak-to-trough decline

-10.57%

-2.41%

-8.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.60%

1.65%

+0.95%

Volatility

MITTX vs. MFSSX - Volatility Comparison

MFS Massachusetts Investors Trust (MITTX) has a higher volatility of 4.02% compared to MFS Massachusetts Municipal Bond Fund (MFSSX) at 1.13%. This indicates that MITTX's price experiences larger fluctuations and is considered to be riskier than MFSSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MITTXMFSSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.02%

1.13%

+2.89%

Volatility (6M)

Calculated over the trailing 6-month period

8.50%

1.74%

+6.76%

Volatility (1Y)

Calculated over the trailing 1-year period

16.17%

5.33%

+10.84%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.65%

4.19%

+11.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.19%

4.33%

+12.86%