MRBIX vs. MIGFX
Compare and contrast key facts about MFS Total Return Bond Fund (MRBIX) and MFS Massachusetts Investors Growth Stock Fund (MIGFX).
MRBIX is managed by MFS. It was launched on Jan 4, 1999. MIGFX is managed by MFS. It was launched on Jan 1, 1935.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRBIX or MIGFX.
Key characteristics
| MRBIX | MIGFX | |
|---|---|---|
| YTD Return | 2.38% | 15.88% |
| 1Y Return | 8.01% | 17.45% |
| 3Y Return (Ann) | -2.11% | 0.35% |
| 5Y Return (Ann) | 0.18% | 6.67% |
| 10Y Return (Ann) | 1.70% | 7.26% |
| Sharpe Ratio | 1.53 | 1.46 |
| Sortino Ratio | 2.24 | 1.99 |
| Omega Ratio | 1.28 | 1.27 |
| Calmar Ratio | 0.59 | 1.17 |
| Martin Ratio | 5.67 | 8.20 |
| Ulcer Index | 1.52% | 2.21% |
| Daily Std Dev | 5.62% | 12.42% |
| Max Drawdown | -19.71% | -61.53% |
| Current Drawdown | -7.69% | -2.40% |
Correlation
The correlation between MRBIX and MIGFX is -0.14. 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.
Performance
MRBIX vs. MIGFX - Performance Comparison
In the year-to-date period, MRBIX achieves a 2.38% return, which is significantly lower than MIGFX's 15.88% return. Over the past 10 years, MRBIX has underperformed MIGFX with an annualized return of 1.70%, while MIGFX has yielded a comparatively higher 7.26% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MRBIX vs. MIGFX - Expense Ratio Comparison
MRBIX has a 0.45% expense ratio, which is lower than MIGFX's 0.70% expense ratio.
Risk-Adjusted Performance
MRBIX vs. MIGFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Total Return Bond Fund (MRBIX) 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.
Dividends
MRBIX vs. MIGFX - Dividend Comparison
MRBIX's dividend yield for the trailing twelve months is around 4.26%, more than MIGFX's 0.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRBIX MFS Total Return Bond Fund | 4.26% | 4.12% | 3.12% | 2.13% | 2.64% | 3.05% | 2.86% | 2.64% | 3.00% | 3.45% | 3.53% | 3.18% |
MIGFX MFS Massachusetts Investors Growth Stock Fund | 0.36% | 0.41% | 0.44% | 0.18% | 0.15% | 0.27% | 1.08% | 0.89% | 0.80% | 0.92% | 4.42% | 2.00% |
Drawdowns
MRBIX vs. MIGFX - Drawdown Comparison
The maximum MRBIX drawdown since its inception was -19.71%, smaller than the maximum MIGFX drawdown of -61.53%. Use the drawdown chart below to compare losses from any high point for MRBIX and MIGFX. For additional features, visit the drawdowns tool.
Volatility
MRBIX vs. MIGFX - Volatility Comparison
The current volatility for MFS Total Return Bond Fund (MRBIX) is 1.63%, while MFS Massachusetts Investors Growth Stock Fund (MIGFX) has a volatility of 3.68%. This indicates that MRBIX 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.