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MRGAX vs. CMNWX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

MRGAX vs. CMNWX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Core Equity Fund (MRGAX) and Principal Capital Appreciation Fund (CMNWX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
9.43%
12.10%
MRGAX
CMNWX

Returns By Period

In the year-to-date period, MRGAX achieves a 21.30% return, which is significantly lower than CMNWX's 27.02% return. Over the past 10 years, MRGAX has outperformed CMNWX with an annualized return of 12.75%, while CMNWX has yielded a comparatively lower 4.41% annualized return.


MRGAX

YTD

21.30%

1M

1.01%

6M

9.43%

1Y

28.18%

5Y (annualized)

13.92%

10Y (annualized)

12.75%

CMNWX

YTD

27.02%

1M

1.42%

6M

12.10%

1Y

33.77%

5Y (annualized)

11.23%

10Y (annualized)

4.41%

Key characteristics


MRGAXCMNWX
Sharpe Ratio2.412.79
Sortino Ratio3.263.76
Omega Ratio1.441.52
Calmar Ratio3.783.97
Martin Ratio15.6518.34
Ulcer Index1.86%1.89%
Daily Std Dev12.09%12.42%
Max Drawdown-53.66%-57.43%
Current Drawdown-1.90%-1.57%

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MRGAX vs. CMNWX - Expense Ratio Comparison

MRGAX has a 0.93% expense ratio, which is higher than CMNWX's 0.80% expense ratio.


MRGAX
MFS Core Equity Fund
Expense ratio chart for MRGAX: current value at 0.93% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.93%
Expense ratio chart for CMNWX: current value at 0.80% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.80%

Correlation

-0.50.00.51.00.9

The correlation between MRGAX and CMNWX is 0.91, 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.

Risk-Adjusted Performance

MRGAX vs. CMNWX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Core Equity Fund (MRGAX) and Principal Capital Appreciation Fund (CMNWX). 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.


Sharpe ratio
The chart of Sharpe ratio for MRGAX, currently valued at 2.41, compared to the broader market0.002.004.002.412.79
The chart of Sortino ratio for MRGAX, currently valued at 3.26, compared to the broader market0.005.0010.003.263.76
The chart of Omega ratio for MRGAX, currently valued at 1.44, compared to the broader market1.002.003.004.001.441.52
The chart of Calmar ratio for MRGAX, currently valued at 3.78, compared to the broader market0.005.0010.0015.0020.0025.003.783.97
The chart of Martin ratio for MRGAX, currently valued at 15.65, compared to the broader market0.0020.0040.0060.0080.00100.0015.6518.34
MRGAX
CMNWX

The current MRGAX Sharpe Ratio is 2.41, which is comparable to the CMNWX Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of MRGAX and CMNWX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.41
2.79
MRGAX
CMNWX

Dividends

MRGAX vs. CMNWX - Dividend Comparison

MRGAX's dividend yield for the trailing twelve months is around 0.53%, less than CMNWX's 0.56% yield.


TTM20232022202120202019201820172016201520142013
MRGAX
MFS Core Equity Fund
0.53%0.65%0.39%0.16%0.37%0.43%0.60%0.54%0.60%11.57%8.70%0.63%
CMNWX
Principal Capital Appreciation Fund
0.56%0.71%0.69%0.43%0.78%0.93%1.62%1.01%1.07%1.19%0.92%0.76%

Drawdowns

MRGAX vs. CMNWX - Drawdown Comparison

The maximum MRGAX drawdown since its inception was -53.66%, smaller than the maximum CMNWX drawdown of -57.43%. Use the drawdown chart below to compare losses from any high point for MRGAX and CMNWX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.90%
-1.57%
MRGAX
CMNWX

Volatility

MRGAX vs. CMNWX - Volatility Comparison

MFS Core Equity Fund (MRGAX) and Principal Capital Appreciation Fund (CMNWX) have volatilities of 4.09% and 4.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.09%
4.30%
MRGAX
CMNWX