MMT vs. MIGFX
MMT (MFS Multimarket Income Trust) and MIGFX (MFS Massachusetts Investors Growth Stock Fund) are both mutual funds - MMT is a Multisector Bonds fund managed by MFS, while MIGFX is a Large Cap Growth Equities fund managed by MFS. Over the past 10 years, MMT returned 5.34%/yr vs 14.08%/yr for MIGFX. Their 0.18 correlation means their historical movements had little consistent relationship. MMT charges 0.03%/yr vs 0.70%/yr for MIGFX.
Performance
MMT vs. MIGFX - 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 MIGFX's -1.78% return. Over the past 10 years, MMT has underperformed MIGFX with an annualized return of 5.34%, while MIGFX has yielded a comparatively higher 14.08% 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%
MIGFX
- 1D
- 1.34%
- 1M
- 0.92%
- 6M
- -1.02%
- YTD
- -1.78%
- 1Y
- 3.68%
- 3Y*
- 12.93%
- 5Y*
- 8.13%
- 10Y*
- 14.08%
- ALL TIME*
- 7.42%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $1.63M | $1.45M | $1.02M |
MMT vs. MIGFX - 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% |
MIGFX MFS Massachusetts Investors Growth Stock Fund | -1.78% | 9.97% | 27.25% | 24.13% | -19.20% | 26.06% | 22.55% | 39.89% | 0.81% | 28.68% |
Correlation
The correlation between MMT and MIGFX is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.27 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.33 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.30 |
Correlation (All Time) Calculated using the full available price history since Mar 5, 1987 | 0.18 |
The correlation between MMT and MIGFX shifts across timeframes, from 0.12 (1 year) to 0.33 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
MMT vs. MIGFX — Risk / Return Rank
MMT
MIGFX
MMT vs. MIGFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Multimarket Income Trust (MMT) and MFS Massachusetts Investors Growth Stock Fund (MIGFX). 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 | MIGFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.03 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | 0.12 | +0.13 |
| Martin ratioReturn relative to average drawdown | 0.57 | 0.36 | +0.20 |
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Drawdowns
MMT vs. MIGFX - Drawdown Comparison
The maximum MMT drawdown since its inception was -35.70%, smaller than the maximum MIGFX drawdown of -61.83%. Use the drawdown chart below to compare losses from any high point for MMT and MIGFX.
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Drawdown Indicators
| MMT | MIGFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.70% | -61.83% | +26.13% |
Max Drawdown (1Y)Largest decline over 1 year | -5.83% | -13.77% | +7.94% |
Max Drawdown (3Y)Largest decline over 3 years | -7.62% | -18.68% | +11.06% |
Max Drawdown (5Y)Largest decline over 5 years | -32.29% | -26.67% | -5.62% |
Max Drawdown (10Y)Largest decline over 10 years | -35.70% | -32.42% | -3.28% |
Current DrawdownCurrent decline from peak | -5.83% | -3.82% | -2.01% |
Average DrawdownAverage peak-to-trough decline | -5.24% | -18.91% | +13.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 4.57% | -1.95% |
Volatility
MMT vs. MIGFX - Volatility Comparison
The current volatility for MFS Multimarket Income Trust (MMT) is 2.17%, while MFS Massachusetts Investors Growth Stock Fund (MIGFX) has a volatility of 3.24%. This indicates that MMT experiences smaller price fluctuations and is considered to be less risky than MIGFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MMT | MIGFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.17% | 3.24% | -1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 7.20% | 10.75% | -3.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.09% | 13.39% | -4.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.58% | 17.63% | -6.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.29% | 18.20% | -3.91% |
MMT vs. MIGFX - Expense Ratio Comparison
MMT has a 0.03% expense ratio, which is lower than MIGFX's 0.70% expense ratio.
Dividends
MMT vs. MIGFX - Dividend Comparison
MMT's dividend yield for the trailing twelve months is around 9.48%, less than MIGFX's 10.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIGFX MFS Massachusetts Investors Growth Stock Fund | 10.79% | 11.39% | 17.15% | 4.11% | 4.49% | 10.47% | 7.43% | 7.39% | 10.76% | 6.87% | 5.12% | 6.51% |
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 MIGFX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MIGFX has higher volatility (3.24%) compared to MMT (2.17%). In terms of maximum drawdown, MMT dropped -35.70% vs MIGFX's -61.83%.
MMT currently has the higher Sharpe Ratio (0.16 vs 0.12), 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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