MRBIX vs. WOBDX
Compare and contrast key facts about MFS Total Return Bond Fund (MRBIX) and JPMorgan Core Bond Fund (WOBDX).
MRBIX is managed by MFS. It was launched on Jan 4, 1999. WOBDX is managed by JPMorgan Chase. It was launched on May 31, 1991.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRBIX or WOBDX.
Key characteristics
| MRBIX | WOBDX | |
|---|---|---|
| YTD Return | 2.38% | 2.02% |
| 1Y Return | 8.01% | 7.04% |
| 3Y Return (Ann) | -2.11% | -1.96% |
| 5Y Return (Ann) | 0.18% | -0.33% |
| 10Y Return (Ann) | 1.70% | 1.29% |
| Sharpe Ratio | 1.53 | 1.36 |
| Sortino Ratio | 2.24 | 2.01 |
| Omega Ratio | 1.28 | 1.24 |
| Calmar Ratio | 0.59 | 0.52 |
| Martin Ratio | 5.67 | 4.78 |
| Ulcer Index | 1.52% | 1.59% |
| Daily Std Dev | 5.62% | 5.58% |
| Max Drawdown | -19.71% | -18.25% |
| Current Drawdown | -7.69% | -8.47% |
Correlation
The correlation between MRBIX and WOBDX is 0.88, 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.
Performance
MRBIX vs. WOBDX - Performance Comparison
In the year-to-date period, MRBIX achieves a 2.38% return, which is significantly higher than WOBDX's 2.02% return. Over the past 10 years, MRBIX has outperformed WOBDX with an annualized return of 1.70%, while WOBDX has yielded a comparatively lower 1.29% 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. WOBDX - Expense Ratio Comparison
MRBIX has a 0.45% expense ratio, which is lower than WOBDX's 0.50% expense ratio.
Risk-Adjusted Performance
MRBIX vs. WOBDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Total Return Bond Fund (MRBIX) and JPMorgan Core Bond Fund (WOBDX). 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. WOBDX - Dividend Comparison
MRBIX's dividend yield for the trailing twelve months is around 4.26%, more than WOBDX's 3.91% 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% |
WOBDX JPMorgan Core Bond Fund | 3.91% | 3.49% | 2.68% | 2.07% | 2.36% | 2.77% | 2.80% | 2.66% | 2.47% | 2.34% | 2.53% | 2.76% |
Drawdowns
MRBIX vs. WOBDX - Drawdown Comparison
The maximum MRBIX drawdown since its inception was -19.71%, which is greater than WOBDX's maximum drawdown of -18.25%. Use the drawdown chart below to compare losses from any high point for MRBIX and WOBDX. For additional features, visit the drawdowns tool.
Volatility
MRBIX vs. WOBDX - Volatility Comparison
MFS Total Return Bond Fund (MRBIX) has a higher volatility of 1.63% compared to JPMorgan Core Bond Fund (WOBDX) at 1.49%. This indicates that MRBIX's price experiences larger fluctuations and is considered to be riskier than WOBDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.