MMT vs. KIO
Compare and contrast key facts about MFS Multimarket Income Trust (MMT) and KKR Income Opportunities Fund (KIO).
MMT is managed by MFS Investment Management. It was launched on Mar 12, 1987. KIO is managed by KKR Asset Management. It was launched on Jul 25, 2013.
Performance
MMT vs. KIO - Performance Comparison
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MMT vs. KIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MMT MFS Multimarket Income Trust | 1.53% | 8.10% | 12.40% | 10.14% | -22.96% | 13.11% | 8.88% | 30.32% | -7.70% | 9.29% |
KIO KKR Income Opportunities Fund | -2.01% | -2.49% | 18.45% | 31.53% | -28.25% | 26.82% | 2.04% | 21.92% | -2.53% | 9.68% |
Returns By Period
In the year-to-date period, MMT achieves a 1.53% return, which is significantly higher than KIO's -2.01% return. Over the past 10 years, MMT has underperformed KIO with an annualized return of 6.50%, while KIO has yielded a comparatively higher 8.06% annualized return.
MMT
- 1D
- 1.76%
- 1M
- -1.18%
- YTD
- 1.53%
- 6M
- 0.92%
- 1Y
- 8.31%
- 3Y*
- 9.72%
- 5Y*
- 1.81%
- 10Y*
- 6.50%
KIO
- 1D
- 3.19%
- 1M
- -3.03%
- YTD
- -2.01%
- 6M
- -7.08%
- 1Y
- 1.11%
- 3Y*
- 12.45%
- 5Y*
- 3.89%
- 10Y*
- 8.06%
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MMT vs. KIO - Expense Ratio Comparison
MMT has a 0.03% expense ratio, which is lower than KIO's 0.04% 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%.
Return for Risk
MMT vs. KIO — Risk / Return Rank
MMT
KIO
MMT vs. KIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Multimarket Income Trust (MMT) and KKR Income Opportunities Fund (KIO). 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.
| MMT | KIO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.92 | 0.08 | +0.84 |
Sortino ratioReturn per unit of downside risk | 1.27 | 0.20 | +1.07 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.03 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.27 | 0.08 | +1.19 |
Martin ratioReturn relative to average drawdown | 4.35 | 0.18 | +4.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MMT | KIO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 0.08 | +0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | 0.30 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.49 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.36 | +0.05 |
Correlation
The correlation between MMT and KIO is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
MMT vs. KIO - Dividend Comparison
MMT's dividend yield for the trailing twelve months is around 8.71%, less than KIO's 13.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MMT MFS Multimarket Income Trust | 8.71% | 8.65% | 8.65% | 8.65% | 9.38% | 7.86% | 8.07% | 8.16% | 9.86% | 8.83% | 8.71% | 9.05% |
KIO KKR Income Opportunities Fund | 13.25% | 12.58% | 10.90% | 11.32% | 11.44% | 7.45% | 10.12% | 9.51% | 10.53% | 9.66% | 9.92% | 10.81% |
Drawdowns
MMT vs. KIO - Drawdown Comparison
The maximum MMT drawdown since its inception was -35.70%, smaller than the maximum KIO drawdown of -43.87%. Use the drawdown chart below to compare losses from any high point for MMT and KIO.
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Drawdown Indicators
| MMT | KIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.70% | -43.87% | +8.17% |
Max Drawdown (1Y)Largest decline over 1 year | -6.74% | -11.01% | +4.27% |
Max Drawdown (5Y)Largest decline over 5 years | -32.29% | -31.87% | -0.42% |
Max Drawdown (10Y)Largest decline over 10 years | -35.70% | -43.87% | +8.17% |
Current DrawdownCurrent decline from peak | -2.14% | -12.77% | +10.63% |
Average DrawdownAverage peak-to-trough decline | -5.26% | -8.06% | +2.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 4.75% | -2.79% |
Volatility
MMT vs. KIO - Volatility Comparison
The current volatility for MFS Multimarket Income Trust (MMT) is 2.92%, while KKR Income Opportunities Fund (KIO) has a volatility of 5.24%. This indicates that MMT experiences smaller price fluctuations and is considered to be less risky than KIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MMT | KIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.92% | 5.24% | -2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 5.79% | 8.24% | -2.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.05% | 13.41% | -4.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.58% | 13.12% | -1.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.24% | 16.37% | -2.13% |