MRGAX vs. CMNWX
Compare and contrast key facts about MFS Core Equity Fund (MRGAX) and Principal Capital Appreciation Fund (CMNWX).
MRGAX is managed by MFS. It was launched on Jan 2, 1996. CMNWX is managed by Principal. It was launched on Nov 24, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRGAX or CMNWX.
Key characteristics
| MRGAX | CMNWX | |
|---|---|---|
| YTD Return | 23.39% | 28.70% |
| 1Y Return | 36.51% | 41.63% |
| 3Y Return (Ann) | 8.09% | 7.69% |
| 5Y Return (Ann) | 14.56% | 11.65% |
| 10Y Return (Ann) | 13.08% | 4.65% |
| Sharpe Ratio | 2.89 | 3.24 |
| Sortino Ratio | 3.92 | 4.36 |
| Omega Ratio | 1.54 | 1.61 |
| Calmar Ratio | 4.18 | 3.24 |
| Martin Ratio | 19.17 | 21.65 |
| Ulcer Index | 1.84% | 1.88% |
| Daily Std Dev | 12.21% | 12.53% |
| Max Drawdown | -53.66% | -57.43% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
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.
Performance
MRGAX vs. CMNWX - Performance Comparison
In the year-to-date period, MRGAX achieves a 23.39% return, which is significantly lower than CMNWX's 28.70% return. Over the past 10 years, MRGAX has outperformed CMNWX with an annualized return of 13.08%, while CMNWX has yielded a comparatively lower 4.65% 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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MRGAX vs. CMNWX - Expense Ratio Comparison
MRGAX has a 0.93% expense ratio, which is higher than CMNWX's 0.80% expense ratio.
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.
Dividends
MRGAX vs. CMNWX - Dividend Comparison
MRGAX's dividend yield for the trailing twelve months is around 0.52%, less than CMNWX's 0.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRGAX MFS Core Equity Fund | 0.52% | 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 | 0.55% | 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.
Volatility
MRGAX vs. CMNWX - Volatility Comparison
The current volatility for MFS Core Equity Fund (MRGAX) is 3.81%, while Principal Capital Appreciation Fund (CMNWX) has a volatility of 4.11%. This indicates that MRGAX experiences smaller price fluctuations and is considered to be less risky than CMNWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.