MRGAX vs. VOO
Compare and contrast key facts about MFS Core Equity Fund (MRGAX) and Vanguard S&P 500 ETF (VOO).
MRGAX is managed by MFS. It was launched on Jan 2, 1996. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRGAX or VOO.
Correlation
The correlation between MRGAX and VOO 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.
Performance
MRGAX vs. VOO - Performance Comparison
Key characteristics
MRGAX:
0.96
VOO:
2.22
MRGAX:
1.23
VOO:
2.95
MRGAX:
1.21
VOO:
1.42
MRGAX:
1.19
VOO:
3.27
MRGAX:
5.68
VOO:
14.57
MRGAX:
2.49%
VOO:
1.90%
MRGAX:
14.77%
VOO:
12.47%
MRGAX:
-53.66%
VOO:
-33.99%
MRGAX:
-9.63%
VOO:
-1.77%
Returns By Period
In the year-to-date period, MRGAX achieves a 13.80% return, which is significantly lower than VOO's 26.92% return. Over the past 10 years, MRGAX has underperformed VOO with an annualized return of 11.73%, while VOO has yielded a comparatively higher 13.12% annualized return.
MRGAX
13.80%
-7.53%
1.25%
14.17%
11.42%
11.73%
VOO
26.92%
0.27%
10.43%
27.36%
14.95%
13.12%
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MRGAX vs. VOO - Expense Ratio Comparison
MRGAX has a 0.93% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
MRGAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Core Equity Fund (MRGAX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
MRGAX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.23%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
MRGAX vs. VOO - Drawdown Comparison
The maximum MRGAX drawdown since its inception was -53.66%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MRGAX and VOO. For additional features, visit the drawdowns tool.
Volatility
MRGAX vs. VOO - Volatility Comparison
MFS Core Equity Fund (MRGAX) has a higher volatility of 9.27% compared to Vanguard S&P 500 ETF (VOO) at 3.77%. This indicates that MRGAX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.