MLLIX vs. SCHB
Compare and contrast key facts about MFS Lifetime Income Fund (MLLIX) and Schwab U.S. Broad Market ETF (SCHB).
MLLIX 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: MLLIX or SCHB.
Correlation
The correlation between MLLIX and SCHB is 0.79, 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
MLLIX vs. SCHB - Performance Comparison
Key characteristics
MLLIX:
0.88
SCHB:
1.79
MLLIX:
1.16
SCHB:
2.41
MLLIX:
1.18
SCHB:
1.33
MLLIX:
0.56
SCHB:
2.74
MLLIX:
2.80
SCHB:
10.83
MLLIX:
1.71%
SCHB:
2.16%
MLLIX:
5.43%
SCHB:
13.06%
MLLIX:
-17.72%
SCHB:
-35.27%
MLLIX:
-3.46%
SCHB:
-1.48%
Returns By Period
In the year-to-date period, MLLIX achieves a 1.49% return, which is significantly lower than SCHB's 2.73% return. Over the past 10 years, MLLIX has underperformed SCHB with an annualized return of 2.89%, while SCHB has yielded a comparatively higher 12.76% annualized return.
MLLIX
1.49%
1.49%
0.36%
4.78%
2.15%
2.89%
SCHB
2.73%
2.06%
14.09%
22.09%
13.81%
12.76%
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MLLIX vs. SCHB - Expense Ratio Comparison
MLLIX 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
MLLIX vs. SCHB — Risk-Adjusted Performance Rank
MLLIX
SCHB
MLLIX vs. SCHB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Lifetime Income Fund (MLLIX) 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.
Dividends
MLLIX vs. SCHB - Dividend Comparison
MLLIX's dividend yield for the trailing twelve months is around 3.63%, more than SCHB's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLLIX MFS Lifetime Income Fund | 3.63% | 3.91% | 3.57% | 2.74% | 3.58% | 2.23% | 2.71% | 2.92% | 2.36% | 2.36% | 1.90% | 2.93% |
SCHB Schwab U.S. Broad Market ETF | 1.21% | 1.24% | 1.40% | 1.61% | 1.21% | 1.63% | 1.80% | 2.13% | 1.65% | 1.86% | 2.00% | 1.72% |
Drawdowns
MLLIX vs. SCHB - Drawdown Comparison
The maximum MLLIX drawdown since its inception was -17.72%, smaller than the maximum SCHB drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for MLLIX and SCHB. For additional features, visit the drawdowns tool.
Volatility
MLLIX vs. SCHB - Volatility Comparison
The current volatility for MFS Lifetime Income Fund (MLLIX) is 1.39%, while Schwab U.S. Broad Market ETF (SCHB) has a volatility of 3.87%. This indicates that MLLIX 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.