MITTX vs. ^GSPC
Compare and contrast key facts about MFS Massachusetts Investors Trust (MITTX) and S&P 500 (^GSPC).
MITTX is managed by MFS. It was launched on Jul 15, 1924.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MITTX or ^GSPC.
Correlation
The correlation between MITTX and ^GSPC is 0.96, 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. ^GSPC - Performance Comparison
Key characteristics
MITTX:
0.46
^GSPC:
2.07
MITTX:
0.62
^GSPC:
2.76
MITTX:
1.13
^GSPC:
1.39
MITTX:
0.50
^GSPC:
3.05
MITTX:
3.09
^GSPC:
13.27
MITTX:
2.49%
^GSPC:
1.95%
MITTX:
16.73%
^GSPC:
12.52%
MITTX:
-48.88%
^GSPC:
-56.78%
MITTX:
-14.12%
^GSPC:
-1.91%
Returns By Period
In the year-to-date period, MITTX achieves a 7.02% return, which is significantly lower than ^GSPC's 25.25% return. Both investments have delivered pretty close results over the past 10 years, with MITTX having a 10.82% annualized return and ^GSPC not far ahead at 11.11%.
MITTX
7.02%
-12.50%
-6.52%
7.40%
10.92%
10.82%
^GSPC
25.25%
0.08%
9.66%
25.65%
13.17%
11.11%
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Risk-Adjusted Performance
MITTX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Massachusetts Investors Trust (MITTX) and S&P 500 (^GSPC). 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.
Drawdowns
MITTX vs. ^GSPC - Drawdown Comparison
The maximum MITTX drawdown since its inception was -48.88%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for MITTX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
MITTX vs. ^GSPC - Volatility Comparison
MFS Massachusetts Investors Trust (MITTX) has a higher volatility of 12.97% compared to S&P 500 (^GSPC) at 3.82%. This indicates that MITTX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.