Correlation
The correlation between MQLFX and IGSB is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
MQLFX vs. IGSB
Compare and contrast key facts about MFS Limited Maturity Fund (MQLFX) and iShares Short-Term Corporate Bond ETF (IGSB).
MQLFX is managed by MFS. It was launched on Feb 26, 1992. IGSB is a passively managed fund by iShares that tracks the performance of the ICE BofAML 1-5 Year US Corporate Index. It was launched on Jan 11, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MQLFX or IGSB.
Performance
MQLFX vs. IGSB - Performance Comparison
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Key characteristics
MQLFX:
2.96
IGSB:
2.93
MQLFX:
5.04
IGSB:
4.29
MQLFX:
1.80
IGSB:
1.59
MQLFX:
7.44
IGSB:
5.23
MQLFX:
19.16
IGSB:
15.27
MQLFX:
0.33%
IGSB:
0.46%
MQLFX:
2.21%
IGSB:
2.46%
MQLFX:
-7.07%
IGSB:
-13.38%
MQLFX:
-0.34%
IGSB:
0.00%
Returns By Period
In the year-to-date period, MQLFX achieves a 1.90% return, which is significantly lower than IGSB's 2.79% return. Over the past 10 years, MQLFX has underperformed IGSB with an annualized return of 2.08%, while IGSB has yielded a comparatively higher 2.41% annualized return.
MQLFX
1.90%
-0.00%
2.46%
6.50%
4.00%
2.30%
2.08%
IGSB
2.79%
0.12%
2.83%
7.16%
4.13%
2.09%
2.41%
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MQLFX vs. IGSB - Expense Ratio Comparison
MQLFX has a 0.57% expense ratio, which is higher than IGSB's 0.06% expense ratio.
Risk-Adjusted Performance
MQLFX vs. IGSB — Risk-Adjusted Performance Rank
MQLFX
IGSB
MQLFX vs. IGSB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Limited Maturity Fund (MQLFX) and iShares Short-Term Corporate Bond ETF (IGSB). 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.
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Dividends
MQLFX vs. IGSB - Dividend Comparison
MQLFX's dividend yield for the trailing twelve months is around 4.21%, which matches IGSB's 4.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MQLFX MFS Limited Maturity Fund | 4.21% | 4.18% | 3.47% | 1.86% | 1.48% | 2.29% | 2.63% | 2.19% | 1.61% | 1.27% | 1.17% | 1.31% |
IGSB iShares Short-Term Corporate Bond ETF | 4.19% | 4.02% | 3.26% | 2.07% | 1.82% | 2.36% | 3.06% | 2.46% | 1.65% | 1.45% | 1.18% | 0.94% |
Drawdowns
MQLFX vs. IGSB - Drawdown Comparison
The maximum MQLFX drawdown since its inception was -7.07%, smaller than the maximum IGSB drawdown of -13.38%. Use the drawdown chart below to compare losses from any high point for MQLFX and IGSB.
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Volatility
MQLFX vs. IGSB - Volatility Comparison
The current volatility for MFS Limited Maturity Fund (MQLFX) is 0.60%, while iShares Short-Term Corporate Bond ETF (IGSB) has a volatility of 0.69%. This indicates that MQLFX experiences smaller price fluctuations and is considered to be less risky than IGSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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