MRGAX vs. ALBAX
Compare and contrast key facts about MFS Core Equity Fund (MRGAX) and Alger Growth & Income Fund (ALBAX).
MRGAX is managed by MFS. It was launched on Jan 2, 1996. ALBAX is managed by Alger. It was launched on Dec 31, 1996.
Performance
MRGAX vs. ALBAX - Performance Comparison
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MRGAX vs. ALBAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MRGAX MFS Core Equity Fund | -6.85% | 12.33% | 20.01% | 22.88% | -17.24% | 25.26% | 18.56% | 34.66% | -4.12% | 23.79% |
ALBAX Alger Growth & Income Fund | -4.27% | 19.89% | 21.81% | 22.60% | -14.12% | 30.79% | 15.22% | 28.92% | -4.72% | 20.18% |
Returns By Period
In the year-to-date period, MRGAX achieves a -6.85% return, which is significantly lower than ALBAX's -4.27% return. Over the past 10 years, MRGAX has underperformed ALBAX with an annualized return of 12.79%, while ALBAX has yielded a comparatively higher 13.60% annualized return.
MRGAX
- 1D
- -0.28%
- 1M
- -7.55%
- YTD
- -6.85%
- 6M
- -5.68%
- 1Y
- 9.53%
- 3Y*
- 13.48%
- 5Y*
- 8.62%
- 10Y*
- 12.79%
ALBAX
- 1D
- -0.42%
- 1M
- -7.26%
- YTD
- -4.27%
- 6M
- -0.85%
- 1Y
- 19.30%
- 3Y*
- 17.80%
- 5Y*
- 12.48%
- 10Y*
- 13.60%
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MRGAX vs. ALBAX - Expense Ratio Comparison
MRGAX has a 0.93% expense ratio, which is lower than ALBAX's 0.98% expense ratio.
Return for Risk
MRGAX vs. ALBAX — Risk / Return Rank
MRGAX
ALBAX
MRGAX vs. ALBAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Core Equity Fund (MRGAX) and Alger Growth & Income Fund (ALBAX). 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.
| MRGAX | ALBAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.55 | 1.17 | -0.62 |
Sortino ratioReturn per unit of downside risk | 0.91 | 1.73 | -0.82 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.26 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.64 | 1.58 | -0.94 |
Martin ratioReturn relative to average drawdown | 2.80 | 7.60 | -4.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MRGAX | ALBAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.55 | 1.17 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.81 | -0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.79 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.63 | -0.11 |
Correlation
The correlation between MRGAX and ALBAX is 0.93, 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
MRGAX vs. ALBAX - Dividend Comparison
MRGAX's dividend yield for the trailing twelve months is around 14.60%, more than ALBAX's 0.95% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRGAX MFS Core Equity Fund | 14.60% | 13.60% | 8.21% | 2.54% | 3.83% | 7.28% | 1.54% | 3.20% | 11.09% | 6.27% | 3.65% | 11.02% |
ALBAX Alger Growth & Income Fund | 0.95% | 0.74% | 1.08% | 0.98% | 1.24% | 4.17% | 2.55% | 5.00% | 6.75% | 2.35% | 1.56% | 3.75% |
Drawdowns
MRGAX vs. ALBAX - Drawdown Comparison
The maximum MRGAX drawdown since its inception was -54.04%, which is greater than ALBAX's maximum drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for MRGAX and ALBAX.
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Drawdown Indicators
| MRGAX | ALBAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.04% | -40.56% | -13.48% |
Max Drawdown (1Y)Largest decline over 1 year | -12.07% | -11.37% | -0.70% |
Max Drawdown (5Y)Largest decline over 5 years | -23.08% | -22.06% | -1.02% |
Max Drawdown (10Y)Largest decline over 10 years | -33.41% | -34.26% | +0.85% |
Current DrawdownCurrent decline from peak | -9.53% | -7.86% | -1.67% |
Average DrawdownAverage peak-to-trough decline | -8.31% | -7.38% | -0.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 2.36% | +0.41% |
Volatility
MRGAX vs. ALBAX - Volatility Comparison
MFS Core Equity Fund (MRGAX) has a higher volatility of 4.41% compared to Alger Growth & Income Fund (ALBAX) at 4.09%. This indicates that MRGAX's price experiences larger fluctuations and is considered to be riskier than ALBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MRGAX | ALBAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 4.09% | +0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 9.19% | 9.31% | -0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.09% | 17.20% | +0.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.75% | 15.46% | +1.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.77% | 17.20% | +0.57% |