MMT vs. MFEIX
MMT (MFS Multimarket Income Trust) and MFEIX (MFS Growth I) are both mutual funds - MMT is a Multisector Bonds fund managed by MFS, while MFEIX is a Large Cap Growth Equities fund managed by MFS. Over the past 10 years, MMT returned 5.34%/yr vs 16.59%/yr for MFEIX. Their 0.21 correlation means their historical movements had little consistent relationship. MMT charges 0.03%/yr vs 0.60%/yr for MFEIX.
Performance
MMT vs. MFEIX - Performance Comparison
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Returns By Period
In the year-to-date period, MMT achieves a -2.30% return, which is significantly lower than MFEIX's 0.70% return. Over the past 10 years, MMT has underperformed MFEIX with an annualized return of 5.34%, while MFEIX has yielded a comparatively higher 16.59% annualized return.
MMT
- 1D
- -0.69%
- 1M
- -1.15%
- 6M
- -4.43%
- YTD
- -2.30%
- 1Y
- 1.26%
- 3Y*
- 7.19%
- 5Y*
- 1.26%
- 10Y*
- 5.34%
- ALL TIME*
- 6.64%
MFEIX
- 1D
- 2.48%
- 1M
- -1.78%
- 6M
- 1.75%
- YTD
- 0.70%
- 1Y
- 4.08%
- 3Y*
- 21.94%
- 5Y*
- 10.87%
- 10Y*
- 16.59%
- ALL TIME*
- 9.86%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
MFEIX MFS Growth I | $0.00 | $0.00 | $0.00 |
| $1.63M | $1.45M | $1.02M |
MMT vs. MFEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MMT MFS Multimarket Income Trust | -2.30% | 8.10% | 12.40% | 10.14% | -22.96% | 13.11% | 8.88% | 30.32% | -7.70% | 9.29% |
MFEIX MFS Growth I | 0.70% | 12.34% | 49.67% | 36.15% | -31.14% | 23.59% | 31.65% | 37.69% | 2.30% | 30.86% |
Correlation
The correlation between MMT and MFEIX is 0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.09 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.31 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.29 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1996 | 0.21 |
The correlation between MMT and MFEIX shifts across timeframes, from 0.09 (1 year) to 0.31 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
MMT vs. MFEIX — Risk / Return Rank
MMT
MFEIX
MMT vs. MFEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Multimarket Income Trust (MMT) and MFS Growth I (MFEIX). 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.
| MMT | MFEIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.04 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | 0.14 | +0.12 |
| Martin ratioReturn relative to average drawdown | 0.57 | 0.42 | +0.14 |
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Drawdowns
MMT vs. MFEIX - Drawdown Comparison
The maximum MMT drawdown since its inception was -35.70%, smaller than the maximum MFEIX drawdown of -72.24%. Use the drawdown chart below to compare losses from any high point for MMT and MFEIX.
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Drawdown Indicators
| MMT | MFEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.70% | -72.24% | +36.54% |
Max Drawdown (1Y)Largest decline over 1 year | -5.83% | -17.30% | +11.47% |
Max Drawdown (3Y)Largest decline over 3 years | -7.62% | -23.24% | +15.62% |
Max Drawdown (5Y)Largest decline over 5 years | -32.29% | -36.11% | +3.82% |
Max Drawdown (10Y)Largest decline over 10 years | -35.70% | -36.11% | +0.41% |
Current DrawdownCurrent decline from peak | -5.83% | -5.58% | -0.25% |
Average DrawdownAverage peak-to-trough decline | -5.24% | -23.62% | +18.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 5.56% | -2.94% |
Volatility
MMT vs. MFEIX - Volatility Comparison
The current volatility for MFS Multimarket Income Trust (MMT) is 2.17%, while MFS Growth I (MFEIX) has a volatility of 5.28%. This indicates that MMT experiences smaller price fluctuations and is considered to be less risky than MFEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MMT | MFEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.17% | 5.28% | -3.11% |
Volatility (6M)Calculated over the trailing 6-month period | 7.20% | 14.10% | -6.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.09% | 17.53% | -8.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.58% | 22.16% | -10.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.29% | 21.35% | -7.06% |
MMT vs. MFEIX - Expense Ratio Comparison
MMT has a 0.03% expense ratio, which is lower than MFEIX's 0.60% expense ratio.
Dividends
MMT vs. MFEIX - Dividend Comparison
MMT's dividend yield for the trailing twelve months is around 9.48%, less than MFEIX's 12.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFEIX MFS Growth I | 12.81% | 14.99% | 25.47% | 4.86% | 1.05% | 2.76% | 3.57% | 1.57% | 3.78% | 2.50% | 1.61% | 3.65% |
MMT MFS Multimarket Income Trust | 9.48% | 8.65% | 8.65% | 8.65% | 9.38% | 7.86% | 8.07% | 8.16% | 9.86% | 8.83% | 8.71% | 9.05% |
Frequently Asked Questions
MMT and MFEIX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MFEIX has higher volatility (5.28%) compared to MMT (2.17%). In terms of maximum drawdown, MMT dropped -35.70% vs MFEIX's -72.24%.
MMT currently has the higher Sharpe Ratio (0.16 vs 0.13), 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.
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