MITTX vs. MGTIX
MITTX (MFS Massachusetts Investors Trust) and MGTIX (MFS Massachusetts Investors Growth Stock Fund) are both mutual funds - MITTX is a Large Cap Blend Equities fund managed by MFS, while MGTIX is a Large Cap Growth Equities fund managed by MFS. Over the past 10 years, MITTX returned 13.29%/yr vs 14.34%/yr for MGTIX. Their correlation of 0.95 means they have usually moved in the same direction. MITTX charges 0.70%/yr vs 0.45%/yr for MGTIX.
Performance
MITTX vs. MGTIX - Performance Comparison
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Returns By Period
In the year-to-date period, MITTX achieves a 7.99% return, which is significantly higher than MGTIX's -1.90% return. Over the past 10 years, MITTX has underperformed MGTIX with an annualized return of 13.29%, while MGTIX has yielded a comparatively higher 14.34% annualized return.
MITTX
- 1D
- -0.23%
- 1M
- 0.87%
- 6M
- 4.69%
- YTD
- 7.99%
- 1Y
- 15.65%
- 3Y*
- 15.29%
- 5Y*
- 9.10%
- 10Y*
- 13.29%
- ALL TIME*
- 7.50%
MGTIX
- 1D
- -0.26%
- 1M
- 0.66%
- 6M
- -1.54%
- YTD
- -1.90%
- 1Y
- 3.65%
- 3Y*
- 13.06%
- 5Y*
- 8.30%
- 10Y*
- 14.34%
- ALL TIME*
- 9.48%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MITTX vs. MGTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MITTX MFS Massachusetts Investors Trust | 7.99% | 13.67% | 19.69% | 19.26% | -16.27% | 26.73% | 18.72% | 31.92% | -5.56% | 23.55% |
MGTIX MFS Massachusetts Investors Growth Stock Fund | -1.90% | 10.23% | 27.38% | 24.40% | -18.99% | 26.41% | 22.84% | 40.17% | 1.07% | 28.97% |
Correlation
The correlation between MITTX and MGTIX is 0.92, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.92 |
Correlation (3Y) Balances recent behavior with more history. | 0.94 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.96 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1996 | 0.95 |
The correlation between MITTX and MGTIX has been stable across timeframes, ranging from 0.92 to 0.96 - a consistent structural relationship.
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Return for Risk
MITTX vs. MGTIX — Risk / Return Rank
MITTX
MGTIX
MITTX vs. MGTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Massachusetts Investors Trust (MITTX) and MFS Massachusetts Investors Growth Stock Fund (MGTIX). 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 | MGTIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.04 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.43 | 0.14 | +1.28 |
| Martin ratioReturn relative to average drawdown | 6.00 | 0.43 | +5.57 |
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Drawdowns
MITTX vs. MGTIX - Drawdown Comparison
The maximum MITTX drawdown since its inception was -49.54%, smaller than the maximum MGTIX drawdown of -60.05%. Use the drawdown chart below to compare losses from any high point for MITTX and MGTIX.
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Drawdown Indicators
| MITTX | MGTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.54% | -60.05% | +10.51% |
Max Drawdown (1Y)Largest decline over 1 year | -9.76% | -13.71% | +3.95% |
Max Drawdown (3Y)Largest decline over 3 years | -16.10% | -18.65% | +2.55% |
Max Drawdown (5Y)Largest decline over 5 years | -23.27% | -26.52% | +3.25% |
Max Drawdown (10Y)Largest decline over 10 years | -33.45% | -32.42% | -1.03% |
Current DrawdownCurrent decline from peak | -1.34% | -3.94% | +2.60% |
Average DrawdownAverage peak-to-trough decline | -10.51% | -17.06% | +6.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 4.52% | -2.20% |
Volatility
MITTX vs. MGTIX - Volatility Comparison
MFS Massachusetts Investors Trust (MITTX) and MFS Massachusetts Investors Growth Stock Fund (MGTIX) have volatilities of 3.20% and 3.27%, 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.
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Volatility by Period
| MITTX | MGTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.20% | 3.27% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 9.44% | 10.68% | -1.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.09% | 13.36% | -1.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.78% | 17.61% | -1.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.18% | 18.19% | -1.01% |
MITTX vs. MGTIX - Expense Ratio Comparison
MITTX has a 0.70% expense ratio, which is higher than MGTIX's 0.45% expense ratio.
Dividends
MITTX vs. MGTIX - Dividend Comparison
MITTX's dividend yield for the trailing twelve months is around 11.03%, more than MGTIX's 10.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGTIX MFS Massachusetts Investors Growth Stock Fund | 10.53% | 11.08% | 16.84% | 4.17% | 4.59% | 10.30% | 7.43% | 7.38% | 10.72% | 6.83% | 5.00% | 6.61% |
MITTX MFS Massachusetts Investors Trust | 11.03% | 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 0.92, MITTX and MGTIX 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.
MGTIX has higher volatility (3.27%) compared to MITTX (3.20%). In terms of maximum drawdown, MITTX dropped -49.54% vs MGTIX's -60.05%.
MITTX currently has the higher Sharpe Ratio (1.15 vs 0.15), 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.
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