MNWIX vs. VMNFX
Compare and contrast key facts about MFS Managed Wealth Fund (MNWIX) and Vanguard Market Neutral Fund Investor Shares (VMNFX).
MNWIX is managed by BlackRock. It was launched on Jun 26, 2014. VMNFX is managed by Vanguard. It was launched on Nov 11, 1998.
Performance
MNWIX vs. VMNFX - Performance Comparison
Loading graphics...
MNWIX vs. VMNFX - 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% |
VMNFX Vanguard Market Neutral Fund Investor Shares | 5.66% | 9.27% | 5.78% | 12.23% | 13.48% | 23.24% | -11.58% | -9.57% | 0.60% | -4.89% |
Returns By Period
In the year-to-date period, MNWIX achieves a -3.15% return, which is significantly lower than VMNFX's 5.66% return. Over the past 10 years, MNWIX has underperformed VMNFX with an annualized return of 3.48%, while VMNFX has yielded a comparatively higher 3.95% 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%
VMNFX
- 1D
- -0.40%
- 1M
- 3.01%
- YTD
- 5.66%
- 6M
- 8.53%
- 1Y
- 15.15%
- 3Y*
- 11.56%
- 5Y*
- 12.36%
- 10Y*
- 3.95%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MNWIX vs. VMNFX - Expense Ratio Comparison
MNWIX has a 0.67% expense ratio, which is lower than VMNFX's 1.31% expense ratio.
Return for Risk
MNWIX vs. VMNFX — Risk / Return Rank
MNWIX
VMNFX
MNWIX vs. VMNFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Managed Wealth Fund (MNWIX) and Vanguard Market Neutral Fund Investor Shares (VMNFX). 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 | VMNFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.38 | 2.04 | -1.67 |
Sortino ratioReturn per unit of downside risk | 0.55 | 3.03 | -2.48 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.37 | -0.30 |
Calmar ratioReturn relative to maximum drawdown | 0.38 | 3.25 | -2.88 |
Martin ratioReturn relative to average drawdown | 1.56 | 9.21 | -7.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MNWIX | VMNFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 2.04 | -1.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 1.73 | -0.86 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.93 | 0.63 | +0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.31 | +0.48 |
Correlation
The correlation between MNWIX and VMNFX is 0.01, 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. VMNFX - Dividend Comparison
MNWIX's dividend yield for the trailing twelve months is around 0.78%, less than VMNFX's 3.32% 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% |
VMNFX Vanguard Market Neutral Fund Investor Shares | 3.32% | 3.53% | 5.61% | 5.09% | 0.75% | 0.16% | 0.81% | 3.16% | 0.94% | 1.07% | 0.38% | 0.02% |
Drawdowns
MNWIX vs. VMNFX - Drawdown Comparison
The maximum MNWIX drawdown since its inception was -5.57%, smaller than the maximum VMNFX drawdown of -26.42%. Use the drawdown chart below to compare losses from any high point for MNWIX and VMNFX.
Loading graphics...
Drawdown Indicators
| MNWIX | VMNFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.57% | -26.42% | +20.85% |
Max Drawdown (1Y)Largest decline over 1 year | -5.57% | -4.93% | -0.64% |
Max Drawdown (5Y)Largest decline over 5 years | -5.57% | -6.75% | +1.18% |
Max Drawdown (10Y)Largest decline over 10 years | -5.57% | -25.09% | +19.52% |
Current DrawdownCurrent decline from peak | -4.16% | -0.40% | -3.76% |
Average DrawdownAverage peak-to-trough decline | -1.13% | -8.81% | +7.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.34% | 1.74% | -0.40% |
Volatility
MNWIX vs. VMNFX - Volatility Comparison
MFS Managed Wealth Fund (MNWIX) has a higher volatility of 2.54% compared to Vanguard Market Neutral Fund Investor Shares (VMNFX) at 1.56%. This indicates that MNWIX's price experiences larger fluctuations and is considered to be riskier than VMNFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MNWIX | VMNFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.54% | 1.56% | +0.98% |
Volatility (6M)Calculated over the trailing 6-month period | 4.34% | 5.83% | -1.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.84% | 7.64% | -1.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.84% | 7.18% | -3.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.77% | 6.34% | -2.57% |