MNWIX vs. BDMIX
Compare and contrast key facts about MFS Managed Wealth Fund (MNWIX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX).
MNWIX is managed by BlackRock. It was launched on Jun 26, 2014. BDMIX is managed by BlackRock. It was launched on Dec 20, 2012.
Performance
MNWIX vs. BDMIX - Performance Comparison
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MNWIX vs. BDMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MNWIX MFS Managed Wealth Fund | -3.15% | 7.71% | 6.42% | 5.41% | -2.15% | 1.35% | 3.11% | 8.70% | 2.10% | 6.70% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 4.32% | 18.30% | 21.39% | 14.55% | 1.80% | 3.34% | 0.29% | -0.85% | 2.20% | 12.85% |
Returns By Period
In the year-to-date period, MNWIX achieves a -3.15% return, which is significantly lower than BDMIX's 4.32% return. Over the past 10 years, MNWIX has underperformed BDMIX with an annualized return of 3.48%, while BDMIX has yielded a comparatively higher 7.29% annualized return.
MNWIX
- 1D
- 1.42%
- 1M
- -2.93%
- YTD
- -3.15%
- 6M
- -2.57%
- 1Y
- 2.10%
- 3Y*
- 5.16%
- 5Y*
- 3.31%
- 10Y*
- 3.48%
BDMIX
- 1D
- 0.73%
- 1M
- 1.60%
- YTD
- 4.32%
- 6M
- 8.75%
- 1Y
- 17.17%
- 3Y*
- 18.86%
- 5Y*
- 11.38%
- 10Y*
- 7.29%
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MNWIX vs. BDMIX - Expense Ratio Comparison
MNWIX has a 0.67% expense ratio, which is lower than BDMIX's 1.57% expense ratio.
Return for Risk
MNWIX vs. BDMIX — Risk / Return Rank
MNWIX
BDMIX
MNWIX vs. BDMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Managed Wealth Fund (MNWIX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX). 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.
| MNWIX | BDMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.38 | 2.55 | -2.18 |
Sortino ratioReturn per unit of downside risk | 0.55 | 3.73 | -3.19 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.48 | -0.41 |
Calmar ratioReturn relative to maximum drawdown | 0.38 | 5.14 | -4.76 |
Martin ratioReturn relative to average drawdown | 1.56 | 14.25 | -12.69 |
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
| MNWIX | BDMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 2.55 | -2.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 1.76 | -0.89 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.93 | 1.27 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 1.15 | -0.36 |
Correlation
The correlation between MNWIX and BDMIX is 0.15, 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
MNWIX vs. BDMIX - Dividend Comparison
MNWIX's dividend yield for the trailing twelve months is around 0.78%, less than BDMIX's 8.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MNWIX MFS Managed Wealth Fund | 0.78% | 0.76% | 1.13% | 0.78% | 0.70% | 0.13% | 0.24% | 0.54% | 0.42% | 0.94% | 2.65% | 1.19% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 8.56% | 8.94% | 13.26% | 7.42% | 0.00% | 1.23% | 0.30% | 6.78% | 0.94% | 0.00% | 0.00% | 1.86% |
Drawdowns
MNWIX vs. BDMIX - Drawdown Comparison
The maximum MNWIX drawdown since its inception was -5.57%, smaller than the maximum BDMIX drawdown of -11.89%. Use the drawdown chart below to compare losses from any high point for MNWIX and BDMIX.
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Drawdown Indicators
| MNWIX | BDMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.57% | -11.89% | +6.32% |
Max Drawdown (1Y)Largest decline over 1 year | -5.57% | -3.60% | -1.97% |
Max Drawdown (5Y)Largest decline over 5 years | -5.57% | -7.45% | +1.88% |
Max Drawdown (10Y)Largest decline over 10 years | -5.57% | -9.44% | +3.87% |
Current DrawdownCurrent decline from peak | -4.16% | -0.13% | -4.03% |
Average DrawdownAverage peak-to-trough decline | -1.13% | -2.71% | +1.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.34% | 1.30% | +0.04% |
Volatility
MNWIX vs. BDMIX - Volatility Comparison
MFS Managed Wealth Fund (MNWIX) has a higher volatility of 2.54% compared to BlackRock Global Long/Short Equity Fund Class I (BDMIX) at 1.72%. This indicates that MNWIX's price experiences larger fluctuations and is considered to be riskier than BDMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MNWIX | BDMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.54% | 1.72% | +0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 4.34% | 4.78% | -0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.84% | 6.93% | -1.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.84% | 6.51% | -2.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.77% | 5.77% | -2.00% |