MLVHX vs. FXAIX
Compare and contrast key facts about MFS Low Volatility Equity Fund (MLVHX) and Fidelity 500 Index Fund (FXAIX).
MLVHX is managed by MFS. It was launched on Dec 5, 2013. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MLVHX or FXAIX.
Correlation
The correlation between MLVHX and FXAIX is 0.90, 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
MLVHX vs. FXAIX - Performance Comparison
Key characteristics
MLVHX:
0.11
FXAIX:
1.97
MLVHX:
0.21
FXAIX:
2.64
MLVHX:
1.04
FXAIX:
1.36
MLVHX:
0.09
FXAIX:
2.98
MLVHX:
0.25
FXAIX:
12.34
MLVHX:
6.15%
FXAIX:
2.04%
MLVHX:
14.35%
FXAIX:
12.79%
MLVHX:
-34.15%
FXAIX:
-33.79%
MLVHX:
-13.60%
FXAIX:
0.00%
Returns By Period
In the year-to-date period, MLVHX achieves a 2.85% return, which is significantly lower than FXAIX's 4.11% return. Over the past 10 years, MLVHX has underperformed FXAIX with an annualized return of 6.60%, while FXAIX has yielded a comparatively higher 13.13% annualized return.
MLVHX
2.85%
2.41%
-7.87%
0.02%
2.29%
6.60%
FXAIX
4.11%
2.86%
10.80%
23.21%
14.39%
13.13%
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MLVHX vs. FXAIX - Expense Ratio Comparison
MLVHX has a 0.67% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
MLVHX vs. FXAIX — Risk-Adjusted Performance Rank
MLVHX
FXAIX
MLVHX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Low Volatility Equity Fund (MLVHX) and Fidelity 500 Index Fund (FXAIX). 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
MLVHX vs. FXAIX - Dividend Comparison
MLVHX's dividend yield for the trailing twelve months is around 1.21%, which matches FXAIX's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLVHX MFS Low Volatility Equity Fund | 1.21% | 1.25% | 1.15% | 1.19% | 0.75% | 1.25% | 1.05% | 1.57% | 1.47% | 1.41% | 2.15% | 1.65% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
MLVHX vs. FXAIX - Drawdown Comparison
The maximum MLVHX drawdown since its inception was -34.15%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for MLVHX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
MLVHX vs. FXAIX - Volatility Comparison
The current volatility for MFS Low Volatility Equity Fund (MLVHX) is 2.52%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.21%. This indicates that MLVHX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.