MRGAX vs. FXAIX
Compare and contrast key facts about MFS Core Equity Fund (MRGAX) and Fidelity 500 Index Fund (FXAIX).
MRGAX is managed by MFS. It was launched on Jan 2, 1996. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRGAX or FXAIX.
Correlation
The correlation between MRGAX and FXAIX is 0.97, 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. FXAIX - Performance Comparison
Key characteristics
MRGAX:
0.97
FXAIX:
1.98
MRGAX:
1.25
FXAIX:
2.65
MRGAX:
1.20
FXAIX:
1.36
MRGAX:
1.21
FXAIX:
3.04
MRGAX:
3.86
FXAIX:
12.65
MRGAX:
3.71%
FXAIX:
2.03%
MRGAX:
14.82%
FXAIX:
12.98%
MRGAX:
-53.30%
FXAIX:
-33.79%
MRGAX:
-7.33%
FXAIX:
-0.82%
Returns By Period
In the year-to-date period, MRGAX achieves a 4.43% return, which is significantly higher than FXAIX's 3.24% return. Over the past 10 years, MRGAX has underperformed FXAIX with an annualized return of 8.83%, while FXAIX has yielded a comparatively higher 13.83% annualized return.
MRGAX
4.43%
3.19%
3.79%
13.35%
8.55%
8.83%
FXAIX
3.24%
1.70%
12.36%
24.82%
14.92%
13.83%
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MRGAX vs. FXAIX - Expense Ratio Comparison
MRGAX has a 0.93% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
MRGAX vs. FXAIX — Risk-Adjusted Performance Rank
MRGAX
FXAIX
MRGAX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Core Equity Fund (MRGAX) and Fidelity 500 Index Fund (FXAIX). 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. FXAIX - Dividend Comparison
MRGAX's dividend yield for the trailing twelve months is around 0.52%, less than FXAIX's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRGAX MFS Core Equity Fund | 0.52% | 0.54% | 0.65% | 0.39% | 0.16% | 0.37% | 0.43% | 0.60% | 0.54% | 0.60% | 11.57% | 8.70% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 4.15% | 3.95% |
Drawdowns
MRGAX vs. FXAIX - Drawdown Comparison
The maximum MRGAX drawdown since its inception was -53.30%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for MRGAX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
MRGAX vs. FXAIX - Volatility Comparison
The current volatility for MFS Core Equity Fund (MRGAX) is 3.95%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.23%. This indicates that MRGAX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.