MRGAX vs. GSPKX
Compare and contrast key facts about MFS Core Equity Fund (MRGAX) and Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX).
MRGAX is managed by MFS. It was launched on Jan 2, 1996. GSPKX is managed by Goldman Sachs. It was launched on Aug 31, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRGAX or GSPKX.
Key characteristics
| MRGAX | GSPKX | |
|---|---|---|
| YTD Return | 23.39% | 22.85% |
| 1Y Return | 36.51% | 26.14% |
| 3Y Return (Ann) | 8.09% | 3.83% |
| 5Y Return (Ann) | 14.56% | 7.45% |
| 10Y Return (Ann) | 13.08% | 5.94% |
| Sharpe Ratio | 2.89 | 2.42 |
| Sortino Ratio | 3.92 | 3.08 |
| Omega Ratio | 1.54 | 1.50 |
| Calmar Ratio | 4.18 | 2.15 |
| Martin Ratio | 19.17 | 15.44 |
| Ulcer Index | 1.84% | 1.63% |
| Daily Std Dev | 12.21% | 10.43% |
| Max Drawdown | -53.66% | -55.29% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between MRGAX and GSPKX is 0.96, 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. GSPKX - Performance Comparison
The year-to-date returns for both stocks are quite close, with MRGAX having a 23.39% return and GSPKX slightly lower at 22.85%. Over the past 10 years, MRGAX has outperformed GSPKX with an annualized return of 13.08%, while GSPKX has yielded a comparatively lower 5.94% 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. GSPKX - Expense Ratio Comparison
MRGAX has a 0.93% expense ratio, which is higher than GSPKX's 0.71% expense ratio.
Risk-Adjusted Performance
MRGAX vs. GSPKX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Core Equity Fund (MRGAX) and Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX). 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. GSPKX - Dividend Comparison
MRGAX's dividend yield for the trailing twelve months is around 0.52%, less than GSPKX's 1.24% 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% |
GSPKX Goldman Sachs U.S. Equity Dividend and Premium Fund | 1.24% | 1.55% | 1.69% | 1.27% | 1.67% | 1.97% | 2.32% | 1.86% | 1.92% | 2.14% | 1.90% | 2.22% |
Drawdowns
MRGAX vs. GSPKX - Drawdown Comparison
The maximum MRGAX drawdown since its inception was -53.66%, roughly equal to the maximum GSPKX drawdown of -55.29%. Use the drawdown chart below to compare losses from any high point for MRGAX and GSPKX. For additional features, visit the drawdowns tool.
Volatility
MRGAX vs. GSPKX - Volatility Comparison
MFS Core Equity Fund (MRGAX) has a higher volatility of 3.81% compared to Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX) at 2.76%. This indicates that MRGAX's price experiences larger fluctuations and is considered to be riskier than GSPKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.