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

Performance

MRGAX vs. PRWAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Core Equity Fund (MRGAX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
11.37%
11.22%
MRGAX
PRWAX

Returns By Period

In the year-to-date period, MRGAX achieves a 23.06% return, which is significantly lower than PRWAX's 27.87% return. Over the past 10 years, MRGAX has outperformed PRWAX with an annualized return of 12.86%, while PRWAX has yielded a comparatively lower 5.39% annualized return.


MRGAX

YTD

23.06%

1M

3.63%

6M

11.37%

1Y

29.72%

5Y (annualized)

14.20%

10Y (annualized)

12.86%

PRWAX

YTD

27.87%

1M

3.38%

6M

11.22%

1Y

26.83%

5Y (annualized)

7.94%

10Y (annualized)

5.39%

Key characteristics


MRGAXPRWAX
Sharpe Ratio2.461.95
Sortino Ratio3.322.54
Omega Ratio1.451.37
Calmar Ratio3.861.01
Martin Ratio15.9510.98
Ulcer Index1.86%2.44%
Daily Std Dev12.09%13.79%
Max Drawdown-53.66%-70.45%
Current Drawdown-0.48%-4.22%

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MRGAX vs. PRWAX - Expense Ratio Comparison

MRGAX has a 0.93% expense ratio, which is higher than PRWAX's 0.76% 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 PRWAX: current value at 0.76% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.76%

Correlation

-0.50.00.51.00.9

The correlation between MRGAX and PRWAX is 0.92, 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. PRWAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Core Equity Fund (MRGAX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). 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 2.46, compared to the broader market-1.000.001.002.003.004.005.002.461.95
The chart of Sortino ratio for MRGAX, currently valued at 3.32, compared to the broader market0.005.0010.003.322.54
The chart of Omega ratio for MRGAX, currently valued at 1.45, compared to the broader market1.002.003.004.001.451.37
The chart of Calmar ratio for MRGAX, currently valued at 3.86, compared to the broader market0.005.0010.0015.0020.003.861.01
The chart of Martin ratio for MRGAX, currently valued at 15.95, compared to the broader market0.0020.0040.0060.0080.00100.0015.9510.98
MRGAX
PRWAX

The current MRGAX Sharpe Ratio is 2.46, which is comparable to the PRWAX Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of MRGAX and PRWAX, 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 Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.46
1.95
MRGAX
PRWAX

Dividends

MRGAX vs. PRWAX - Dividend Comparison

MRGAX's dividend yield for the trailing twelve months is around 0.53%, more than PRWAX's 0.16% 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%
PRWAX
T. Rowe Price All-Cap Opportunities Fund
0.16%0.20%0.00%0.00%0.03%0.40%0.23%0.17%0.05%0.00%0.00%0.00%

Drawdowns

MRGAX vs. PRWAX - Drawdown Comparison

The maximum MRGAX drawdown since its inception was -53.66%, smaller than the maximum PRWAX drawdown of -70.45%. Use the drawdown chart below to compare losses from any high point for MRGAX and PRWAX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.48%
-4.22%
MRGAX
PRWAX

Volatility

MRGAX vs. PRWAX - Volatility Comparison

MFS Core Equity Fund (MRGAX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX) have volatilities of 4.10% and 3.95%, 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
4.10%
3.95%
MRGAX
PRWAX