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

Correlation

The correlation between MRGAX and FXAIX is 0.98, 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.


-0.50.00.51.01.0

Performance

MRGAX vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Core Equity Fund (MRGAX) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
0.45%
9.99%
MRGAX
FXAIX

Key characteristics

Sharpe Ratio

MRGAX:

0.90

FXAIX:

2.17

Sortino Ratio

MRGAX:

1.16

FXAIX:

2.89

Omega Ratio

MRGAX:

1.19

FXAIX:

1.41

Calmar Ratio

MRGAX:

1.11

FXAIX:

3.21

Martin Ratio

MRGAX:

5.49

FXAIX:

14.15

Ulcer Index

MRGAX:

2.42%

FXAIX:

1.92%

Daily Std Dev

MRGAX:

14.78%

FXAIX:

12.50%

Max Drawdown

MRGAX:

-53.66%

FXAIX:

-33.79%

Current Drawdown

MRGAX:

-10.48%

FXAIX:

-2.20%

Returns By Period

In the year-to-date period, MRGAX achieves a 12.72% return, which is significantly lower than FXAIX's 26.49% return. Over the past 10 years, MRGAX has underperformed FXAIX with an annualized return of 11.63%, while FXAIX has yielded a comparatively higher 12.91% annualized return.


MRGAX

YTD

12.72%

1M

-8.40%

6M

0.45%

1Y

13.09%

5Y*

11.32%

10Y*

11.63%

FXAIX

YTD

26.49%

1M

-0.16%

6M

9.99%

1Y

26.93%

5Y*

14.89%

10Y*

12.91%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


MRGAX vs. FXAIX - Expense Ratio Comparison

MRGAX has a 0.93% expense ratio, which is higher than FXAIX's 0.02% 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 FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for MRGAX, currently valued at 0.90, compared to the broader market-1.000.001.002.003.004.000.902.17
The chart of Sortino ratio for MRGAX, currently valued at 1.16, compared to the broader market-2.000.002.004.006.008.0010.001.162.89
The chart of Omega ratio for MRGAX, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.003.501.191.41
The chart of Calmar ratio for MRGAX, currently valued at 1.11, compared to the broader market0.002.004.006.008.0010.0012.001.113.21
The chart of Martin ratio for MRGAX, currently valued at 5.49, compared to the broader market0.0020.0040.0060.005.4914.15
MRGAX
FXAIX

The current MRGAX Sharpe Ratio is 0.90, which is lower than the FXAIX Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of MRGAX and FXAIX, 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 Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.90
2.17
MRGAX
FXAIX

Dividends

MRGAX vs. FXAIX - Dividend Comparison

MRGAX has not paid dividends to shareholders, while FXAIX's dividend yield for the trailing twelve months is around 0.88%.


TTM20232022202120202019201820172016201520142013
MRGAX
MFS Core Equity Fund
0.00%0.65%0.39%0.16%0.37%0.43%0.60%0.54%0.60%11.57%8.70%0.63%
FXAIX
Fidelity 500 Index Fund
0.88%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%1.84%

Drawdowns

MRGAX vs. FXAIX - Drawdown Comparison

The maximum MRGAX drawdown since its inception was -53.66%, 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.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.48%
-2.20%
MRGAX
FXAIX

Volatility

MRGAX vs. FXAIX - Volatility Comparison

MFS Core Equity Fund (MRGAX) has a higher volatility of 9.21% compared to Fidelity 500 Index Fund (FXAIX) at 3.74%. This indicates that MRGAX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
9.21%
3.74%
MRGAX
FXAIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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