MTCIX vs. IVV
Compare and contrast key facts about MFS Technology Fund (MTCIX) and iShares Core S&P 500 ETF (IVV).
MTCIX is managed by MFS. It was launched on Jan 1, 1997. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MTCIX or IVV.
Performance
MTCIX vs. IVV - Performance Comparison
Returns By Period
In the year-to-date period, MTCIX achieves a 34.34% return, which is significantly higher than IVV's 26.56% return. Over the past 10 years, MTCIX has underperformed IVV with an annualized return of 12.35%, while IVV has yielded a comparatively higher 13.20% annualized return.
MTCIX
34.34%
4.02%
12.05%
28.32%
9.72%
12.35%
IVV
26.56%
3.04%
13.24%
32.78%
15.74%
13.20%
Key characteristics
| MTCIX | IVV | |
|---|---|---|
| Sharpe Ratio | 1.27 | 2.70 |
| Sortino Ratio | 1.69 | 3.60 |
| Omega Ratio | 1.25 | 1.50 |
| Calmar Ratio | 0.84 | 3.90 |
| Martin Ratio | 6.27 | 17.52 |
| Ulcer Index | 4.52% | 1.87% |
| Daily Std Dev | 22.37% | 12.16% |
| Max Drawdown | -81.20% | -55.25% |
| Current Drawdown | -7.26% | -0.52% |
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MTCIX vs. IVV - Expense Ratio Comparison
MTCIX has a 0.88% expense ratio, which is higher than IVV's 0.03% expense ratio.
Correlation
The correlation between MTCIX and IVV is 0.83, 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
MTCIX vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Technology Fund (MTCIX) and iShares Core S&P 500 ETF (IVV). 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
MTCIX vs. IVV - Dividend Comparison
MTCIX has not paid dividends to shareholders, while IVV's dividend yield for the trailing twelve months is around 1.24%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTCIX MFS Technology Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.62% | 3.31% | 0.00% |
IVV iShares Core S&P 500 ETF | 1.24% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% | 1.80% |
Drawdowns
MTCIX vs. IVV - Drawdown Comparison
The maximum MTCIX drawdown since its inception was -81.20%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for MTCIX and IVV. For additional features, visit the drawdowns tool.
Volatility
MTCIX vs. IVV - Volatility Comparison
MFS Technology Fund (MTCIX) has a higher volatility of 5.90% compared to iShares Core S&P 500 ETF (IVV) at 3.98%. This indicates that MTCIX's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.