MLTIX vs. MEIIX

Last updated Jun 23, 2026

MLTIX (MFS Lifetime 2030 Fund) and MEIIX (MFS Value Fund Class I) are both mutual funds - MLTIX is a Target Retirement Date fund managed by MFS, while MEIIX is a Large Cap Value Equities fund managed by MFS. Over the past 10 years, MLTIX returned 7.98%/yr vs 10.13%/yr for MEIIX. Their correlation of 0.89 suggests significant overlap in exposure. MLTIX charges 0.00%/yr vs 0.55%/yr for MEIIX.

Performance

MLTIX vs. MEIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Lifetime 2030 Fund (MLTIX) and MFS Value Fund Class I (MEIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MLTIX achieves a 4.71% return, which is significantly lower than MEIIX's 6.49% return. Over the past 10 years, MLTIX has underperformed MEIIX with an annualized return of 7.98%, while MEIIX has yielded a comparatively higher 10.13% annualized return.

MLTIX

• 1D: 0.42%
• 1M: 1.15%
• YTD: 4.71%
• 6M: 4.62%
• 1Y: 11.42%
• 3Y*: 9.90%
• 5Y*: 5.22%
• 10Y*: 7.98%

MEIIX

• 1D: -0.26%
• 1M: 1.33%
• YTD: 6.49%
• 6M: 5.75%
• 1Y: 15.99%
• 3Y*: 12.92%
• 5Y*: 9.03%
• 10Y*: 10.13%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MLTIX vs. MEIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MLTIX MFS Lifetime 2030 Fund	4.71%	10.82%	8.32%	12.48%	-13.80%	12.81%	11.85%	21.98%	-5.66%	17.21%
MEIIX MFS Value Fund Class I	6.49%	13.26%	11.86%	8.21%	-6.02%	25.43%	3.99%	30.04%	-9.90%	17.20%

Correlation

The correlation between MLTIX and MEIIX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Sep 29, 2005	0.89

The correlation between MLTIX and MEIIX shifts across timeframes, from 0.72 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MLTIX vs. MEIIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MLTIX

MLTIX Risk / Return Rank: 58
MLTIX Sharpe Ratio Rank: 59
MLTIX Sortino Ratio Rank: 64
MLTIX Omega Ratio Rank: 61
MLTIX Calmar Ratio Rank: 48
MLTIX Martin Ratio Rank: 58

MEIIX

MEIIX Risk / Return Rank: 36
MEIIX Sharpe Ratio Rank: 32
MEIIX Sortino Ratio Rank: 33
MEIIX Omega Ratio Rank: 29
MEIIX Calmar Ratio Rank: 43
MEIIX Martin Ratio Rank: 40

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MLTIX vs. MEIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Lifetime 2030 Fund (MLTIX) and MFS Value Fund Class I (MEIIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MLTIX	MEIIX	Difference
Sharpe ratio: Return per unit of total volatility	2.08	1.52	+0.56
Sortino ratio: Return per unit of downside risk	3.04	2.21	+0.83
Omega ratio: Gain probability vs. loss probability	1.40	1.27	+0.13
Calmar ratio: Return relative to maximum drawdown	2.53	2.39	+0.14
Martin ratio: Return relative to average drawdown	10.96	8.24	+2.72

MLTIX vs. MEIIX - Sharpe Ratio Comparison

The current MLTIX Sharpe Ratio is 2.08, which is higher than the MEIIX Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of MLTIX and MEIIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MLTIX vs. MEIIX - Drawdown Comparison

The maximum MLTIX drawdown since its inception was -52.93%, roughly equal to the maximum MEIIX drawdown of -52.64%. Use the drawdown chart below to compare losses from any high point for MLTIX and MEIIX.

Drawdown Indicators

	MLTIX	MEIIX	Difference
Max Drawdown Largest peak-to-trough decline	-52.93%	-52.64%	-0.29%
Max Drawdown (1Y) Largest decline over 1 year	-4.51%	-6.76%	+2.25%
Max Drawdown (3Y) Largest decline over 3 years	-7.07%	-13.19%	+6.12%
Max Drawdown (5Y) Largest decline over 5 years	-19.27%	-17.58%	-1.69%
Max Drawdown (10Y) Largest decline over 10 years	-25.17%	-36.70%	+11.53%
Current Drawdown Current decline from peak	-0.18%	-1.42%	+1.24%
Average Drawdown Average peak-to-trough decline	-6.25%	-6.54%	+0.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.04%	1.96%	-0.92%

Volatility

MLTIX vs. MEIIX - Volatility Comparison

The current volatility for MFS Lifetime 2030 Fund (MLTIX) is 2.03%, while MFS Value Fund Class I (MEIIX) has a volatility of 3.21%. This indicates that MLTIX experiences smaller price fluctuations and is considered to be less risky than MEIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MLTIX	MEIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.03%	3.21%	-1.18%
Volatility (6M) Calculated over the trailing 6-month period	4.45%	7.88%	-3.43%
Volatility (1Y) Calculated over the trailing 1-year period	5.49%	10.64%	-5.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.28%	13.94%	-5.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.90%	16.57%	-6.67%

MLTIX vs. MEIIX - Expense Ratio Comparison

MLTIX has a 0.00% expense ratio, which is lower than MEIIX's 0.55% expense ratio.

Dividends

MLTIX vs. MEIIX - Dividend Comparison

MLTIX's dividend yield for the trailing twelve months is around 8.68%, less than MEIIX's 9.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MEIIX MFS Value Fund Class I	9.13%	9.52%	9.30%	8.41%	7.58%	3.32%	2.63%	3.17%	3.62%	4.04%	2.91%	5.97%
MLTIX MFS Lifetime 2030 Fund	8.68%	9.09%	8.22%	3.98%	6.47%	8.95%	3.92%	5.46%	5.72%	3.85%	7.14%	3.30%

Frequently Asked Questions

Can I hold both MLTIX and MEIIX in my portfolio?

MLTIX and MEIIX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MLTIX or MEIIX?

MEIIX has higher volatility (3.21%) compared to MLTIX (2.03%). In terms of maximum drawdown, MLTIX dropped -52.93% vs MEIIX's -52.64%.

Which has better risk-adjusted returns?

MLTIX currently has the higher Sharpe Ratio (2.08 vs 1.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.