MITTX vs. PRFDX
Compare and contrast key facts about MFS Massachusetts Investors Trust (MITTX) and T. Rowe Price Equity Income Fund (PRFDX).
MITTX is managed by MFS. It was launched on Jul 15, 1924. PRFDX is managed by T. Rowe Price. It was launched on Oct 31, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MITTX or PRFDX.
Key characteristics
| MITTX | PRFDX | |
|---|---|---|
| YTD Return | 22.84% | 17.23% |
| 1Y Return | 34.51% | 30.79% |
| 3Y Return (Ann) | 7.23% | 7.83% |
| 5Y Return (Ann) | 15.19% | 10.33% |
| 10Y Return (Ann) | 12.90% | 9.05% |
| Sharpe Ratio | 2.85 | 2.80 |
| Sortino Ratio | 3.85 | 3.95 |
| Omega Ratio | 1.54 | 1.51 |
| Calmar Ratio | 3.68 | 3.29 |
| Martin Ratio | 17.74 | 19.46 |
| Ulcer Index | 1.88% | 1.53% |
| Daily Std Dev | 11.67% | 10.63% |
| Max Drawdown | -48.88% | -58.12% |
| Current Drawdown | 0.00% | -0.05% |
Correlation
The correlation between MITTX and PRFDX is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MITTX vs. PRFDX - Performance Comparison
In the year-to-date period, MITTX achieves a 22.84% return, which is significantly higher than PRFDX's 17.23% return. Over the past 10 years, MITTX has outperformed PRFDX with an annualized return of 12.90%, while PRFDX has yielded a comparatively lower 9.05% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MITTX vs. PRFDX - Expense Ratio Comparison
MITTX has a 0.70% expense ratio, which is higher than PRFDX's 0.63% expense ratio.
Risk-Adjusted Performance
MITTX vs. PRFDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Massachusetts Investors Trust (MITTX) and T. Rowe Price Equity Income Fund (PRFDX). 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.
Dividends
MITTX vs. PRFDX - Dividend Comparison
MITTX's dividend yield for the trailing twelve months is around 0.69%, less than PRFDX's 1.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MITTX MFS Massachusetts Investors Trust | 0.69% | 0.88% | 1.00% | 0.65% | 8.31% | 0.65% | 1.10% | 0.95% | 0.94% | 1.61% | 7.54% | 2.70% |
PRFDX T. Rowe Price Equity Income Fund | 1.85% | 2.09% | 2.13% | 1.75% | 2.18% | 2.37% | 2.67% | 2.01% | 2.32% | 2.28% | 2.01% | 1.64% |
Drawdowns
MITTX vs. PRFDX - Drawdown Comparison
The maximum MITTX drawdown since its inception was -48.88%, smaller than the maximum PRFDX drawdown of -58.12%. Use the drawdown chart below to compare losses from any high point for MITTX and PRFDX. For additional features, visit the drawdowns tool.
Volatility
MITTX vs. PRFDX - Volatility Comparison
MFS Massachusetts Investors Trust (MITTX) and T. Rowe Price Equity Income Fund (PRFDX) have volatilities of 3.31% and 3.31%, 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.