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:
0.21
^GSPC:
1.62
MITTX:
0.34
^GSPC:
2.20
MITTX:
1.07
^GSPC:
1.30
MITTX:
0.18
^GSPC:
2.46
MITTX:
0.60
^GSPC:
10.01
MITTX:
5.78%
^GSPC:
2.08%
MITTX:
16.57%
^GSPC:
12.88%
MITTX:
-48.88%
^GSPC:
-56.78%
MITTX:
-15.85%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, MITTX achieves a 2.79% return, which is significantly higher than ^GSPC's 2.24% return. Over the past 10 years, MITTX has underperformed ^GSPC with an annualized return of 3.93%, while ^GSPC has yielded a comparatively higher 11.05% annualized return.
MITTX
2.79%
-1.34%
-7.03%
0.93%
4.90%
3.93%
^GSPC
2.24%
-1.73%
6.72%
18.16%
13.31%
11.05%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
MITTX vs. ^GSPC — Risk-Adjusted Performance Rank
MITTX
^GSPC
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
The current volatility for MFS Massachusetts Investors Trust (MITTX) is 2.82%, while S&P 500 (^GSPC) has a volatility of 3.43%. This indicates that MITTX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.