MNWIX vs. WTLS

Last updated Apr 2, 2026

Compare and contrast key facts about MFS Managed Wealth Fund (MNWIX) and WisdomTree Efficient Long/Short US Equity Fund (WTLS).

MNWIX is managed by BlackRock. It was launched on Jun 26, 2014. WTLS is an actively managed fund by WisdomTree. It was launched on Jan 20, 2026.

Performance

MNWIX vs. WTLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Managed Wealth Fund (MNWIX) and WisdomTree Efficient Long/Short US Equity Fund (WTLS). The values are adjusted to include any dividend payments, if applicable.

MNWIX vs. WTLS - Yearly Performance Comparison

	2026 (YTD)
MNWIX MFS Managed Wealth Fund	-3.23%
WTLS WisdomTree Efficient Long/Short US Equity Fund	-0.94%

Returns By Period

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%

WTLS

• 1D: 1.45%
• 1M: -3.03%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MNWIX vs. WTLS - Expense Ratio Comparison

MNWIX has a 0.67% expense ratio, which is lower than WTLS's 0.88% expense ratio.

WTLS

WisdomTree Efficient Long/Short US Equity Fund

MNWIX

MFS Managed Wealth Fund

Return for Risk

MNWIX vs. WTLS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MNWIX

MNWIX Risk / Return Rank: 10
MNWIX Sharpe Ratio Rank: 11
MNWIX Sortino Ratio Rank: 9
MNWIX Omega Ratio Rank: 8
MNWIX Calmar Ratio Rank: 10
MNWIX Martin Ratio Rank: 12

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MNWIX vs. WTLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Managed Wealth Fund (MNWIX) and WisdomTree Efficient Long/Short US Equity Fund (WTLS). 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	WTLS	Difference
Sharpe ratio Return per unit of total volatility	0.38	—	—
Sortino ratio Return per unit of downside risk	0.55	—	—
Omega ratio Gain probability vs. loss probability	1.07	—	—
Calmar ratio Return relative to maximum drawdown	0.38	—	—
Martin ratio Return relative to average drawdown	1.56	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MNWIX	WTLS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.38	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.93	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	-0.24	+1.03

Correlation

The correlation between MNWIX and WTLS is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

MNWIX vs. WTLS - Dividend Comparison

MNWIX's dividend yield for the trailing twelve months is around 0.78%, while WTLS has not paid dividends to shareholders.

	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%
WTLS WisdomTree Efficient Long/Short US Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

MNWIX vs. WTLS - Drawdown Comparison

The maximum MNWIX drawdown since its inception was -5.57%, smaller than the maximum WTLS drawdown of -8.94%. Use the drawdown chart below to compare losses from any high point for MNWIX and WTLS.

Drawdown Indicators

	MNWIX	WTLS	Difference
Max Drawdown Largest peak-to-trough decline	-5.57%	-8.94%	+3.37%
Max Drawdown (1Y) Largest decline over 1 year	-5.57%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-5.57%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-5.57%	—	—
Current Drawdown Current decline from peak	-4.16%	-4.65%	+0.49%
Average Drawdown Average peak-to-trough decline	-1.13%	-2.87%	+1.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.34%	—	—

Volatility

Volatility by Period

	MNWIX	WTLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.54%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.84%	19.96%	-14.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.84%	19.96%	-16.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.77%	19.96%	-16.19%