Correlation
The correlation between MLFIX and SCHB is 0.94, 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.
MLFIX vs. SCHB
Compare and contrast key facts about MFS Lifetime 2040 Fund (MLFIX) and Schwab U.S. Broad Market ETF (SCHB).
MLFIX is managed by MFS. It was launched on Sep 28, 2005. SCHB is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Broad Stock Market Total Return Index. It was launched on Nov 3, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MLFIX or SCHB.
Performance
MLFIX vs. SCHB - Performance Comparison
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Key characteristics
MLFIX:
0.80
SCHB:
0.70
MLFIX:
1.07
SCHB:
1.00
MLFIX:
1.15
SCHB:
1.14
MLFIX:
0.74
SCHB:
0.64
MLFIX:
3.21
SCHB:
2.36
MLFIX:
2.92%
SCHB:
5.21%
MLFIX:
13.16%
SCHB:
19.80%
MLFIX:
-54.78%
SCHB:
-35.27%
MLFIX:
-0.49%
SCHB:
-4.06%
Returns By Period
In the year-to-date period, MLFIX achieves a 4.53% return, which is significantly higher than SCHB's 0.38% return. Over the past 10 years, MLFIX has underperformed SCHB with an annualized return of 8.53%, while SCHB has yielded a comparatively higher 12.14% annualized return.
MLFIX
4.53%
4.21%
0.83%
9.79%
8.85%
11.13%
8.53%
SCHB
0.38%
5.72%
-2.65%
12.83%
13.73%
15.27%
12.14%
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MLFIX vs. SCHB - Expense Ratio Comparison
MLFIX has a 0.00% expense ratio, which is lower than SCHB's 0.03% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
MLFIX vs. SCHB — Risk-Adjusted Performance Rank
MLFIX
SCHB
MLFIX vs. SCHB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Lifetime 2040 Fund (MLFIX) and Schwab U.S. Broad Market ETF (SCHB). 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.
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Dividends
MLFIX vs. SCHB - Dividend Comparison
MLFIX's dividend yield for the trailing twelve months is around 5.18%, more than SCHB's 1.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLFIX MFS Lifetime 2040 Fund | 5.18% | 5.41% | 3.58% | 6.61% | 8.92% | 3.07% | 5.79% | 6.06% | 3.56% | 6.91% | 3.65% | 1.88% |
SCHB Schwab U.S. Broad Market ETF | 1.25% | 1.24% | 1.40% | 1.61% | 1.21% | 1.63% | 1.80% | 2.13% | 1.65% | 1.86% | 2.00% | 1.72% |
Drawdowns
MLFIX vs. SCHB - Drawdown Comparison
The maximum MLFIX drawdown since its inception was -54.78%, which is greater than SCHB's maximum drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for MLFIX and SCHB.
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Volatility
MLFIX vs. SCHB - Volatility Comparison
The current volatility for MFS Lifetime 2040 Fund (MLFIX) is 3.03%, while Schwab U.S. Broad Market ETF (SCHB) has a volatility of 4.85%. This indicates that MLFIX experiences smaller price fluctuations and is considered to be less risky than SCHB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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