MTCIX vs. PAIIX
Compare and contrast key facts about MFS Technology Fund (MTCIX) and PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (PAIIX).
MTCIX is managed by MFS. It was launched on Jan 1, 1997. PAIIX is managed by PIMCO. It was launched on Oct 1, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MTCIX or PAIIX.
Performance
MTCIX vs. PAIIX - Performance Comparison
Returns By Period
In the year-to-date period, MTCIX achieves a 34.34% return, which is significantly higher than PAIIX's 3.43% return. Over the past 10 years, MTCIX has outperformed PAIIX with an annualized return of 12.35%, while PAIIX has yielded a comparatively lower 1.65% annualized return.
MTCIX
34.34%
4.02%
12.05%
28.32%
9.72%
12.35%
PAIIX
3.43%
0.23%
2.75%
7.46%
0.61%
1.65%
Key characteristics
| MTCIX | PAIIX | |
|---|---|---|
| Sharpe Ratio | 1.27 | 2.38 |
| Sortino Ratio | 1.69 | 3.60 |
| Omega Ratio | 1.25 | 1.49 |
| Calmar Ratio | 0.84 | 0.65 |
| Martin Ratio | 6.27 | 10.46 |
| Ulcer Index | 4.52% | 0.71% |
| Daily Std Dev | 22.37% | 3.14% |
| Max Drawdown | -81.20% | -14.76% |
| Current Drawdown | -7.26% | -4.59% |
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MTCIX vs. PAIIX - Expense Ratio Comparison
MTCIX has a 0.88% expense ratio, which is lower than PAIIX's 0.90% expense ratio.
Correlation
The correlation between MTCIX and PAIIX is -0.09. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Risk-Adjusted Performance
MTCIX vs. PAIIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Technology Fund (MTCIX) and PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (PAIIX). 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. PAIIX - Dividend Comparison
MTCIX has not paid dividends to shareholders, while PAIIX's dividend yield for the trailing twelve months is around 3.44%.
| 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% |
PAIIX PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) | 3.44% | 2.25% | 1.65% | 1.03% | 1.53% | 3.76% | 1.79% | 2.09% | 2.25% | 4.19% | 6.38% | 1.72% |
Drawdowns
MTCIX vs. PAIIX - Drawdown Comparison
The maximum MTCIX drawdown since its inception was -81.20%, which is greater than PAIIX's maximum drawdown of -14.76%. Use the drawdown chart below to compare losses from any high point for MTCIX and PAIIX. For additional features, visit the drawdowns tool.
Volatility
MTCIX vs. PAIIX - Volatility Comparison
MFS Technology Fund (MTCIX) has a higher volatility of 5.90% compared to PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (PAIIX) at 0.67%. This indicates that MTCIX's price experiences larger fluctuations and is considered to be riskier than PAIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.