MMID vs. BREE

Last updated Jun 4, 2026

MMID (MFS Active Mid Cap ETF) and BREE (MFS Blended Research Emerging Markets Equity ETF) are both exchange-traded funds - MMID is a Mid Cap Blend Equities fund actively managed by MFS, while BREE is a Emerging Markets Diversified fund actively managed by MFS. Both are actively managed. A 0.62 correlation means they provide meaningful diversification when combined. MMID charges 0.59%/yr vs 0.44%/yr for BREE.

Performance

MMID vs. BREE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Active Mid Cap ETF (MMID) and MFS Blended Research Emerging Markets Equity ETF (BREE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MMID

• 1D: -0.41%
• 1M: 0.95%
• YTD: 2.28%
• 6M: 2.54%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BREE

• 1D: -1.25%
• 1M: 10.36%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MMID vs. BREE - Yearly Performance Comparison

	2026 (YTD)
MMID MFS Active Mid Cap ETF	-0.44%
BREE MFS Blended Research Emerging Markets Equity ETF	20.50%

Correlation

The correlation between MMID and BREE is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 6, 2026	0.62

Return for Risk

MMID vs. BREE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Active Mid Cap ETF (MMID) and MFS Blended Research Emerging Markets Equity ETF (BREE). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MMID	BREE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	4.18	-3.77

Drawdowns

MMID vs. BREE - Drawdown Comparison

The maximum MMID drawdown since its inception was -7.93%, roughly equal to the maximum BREE drawdown of -7.70%. Use the drawdown chart below to compare losses from any high point for MMID and BREE.

Drawdown Indicators

	MMID	BREE	Difference
Max Drawdown Largest peak-to-trough decline	-7.93%	-7.70%	-0.23%
Current Drawdown Current decline from peak	-2.31%	-1.25%	-1.06%
Average Drawdown Average peak-to-trough decline	-2.14%	-1.77%	-0.37%

Volatility

Volatility by Period

	MMID	BREE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.57%	27.33%	-13.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.57%	27.33%	-13.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.57%	27.33%	-13.76%

MMID vs. BREE - Expense Ratio Comparison

MMID has a 0.59% expense ratio, which is higher than BREE's 0.44% expense ratio.

Dividends

MMID vs. BREE - Dividend Comparison

MMID's dividend yield for the trailing twelve months is around 0.49%, while BREE has not paid dividends to shareholders.

Position	TTM	2025
BREE MFS Blended Research Emerging Markets Equity ETF	0.00%	0.00%
MMID MFS Active Mid Cap ETF	0.49%	0.28%

Frequently Asked Questions

Can I hold both MMID and BREE in my portfolio?

MMID and BREE have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MMID or BREE?

On fees, BREE is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MMID or BREE?

BREE is cheaper with a 0.44% expense ratio, compared with 0.59% for MMID.

Which ETF pays a higher dividend yield, MMID or BREE?

MMID has the higher dividend yield at 0.49%, compared with 0.00% for BREE.

What is the main difference between MMID and BREE?

MMID is categorized as Mid Cap Blend Equities, while BREE is Emerging Markets Diversified. Their fees differ too: 0.59% for MMID and 0.44% for BREE.