Correlation
The correlation between MTCIX and TNHIX is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
MTCIX vs. TNHIX
Compare and contrast key facts about MFS Technology Fund (MTCIX) and 1290 High Yield Bond Fund (TNHIX).
MTCIX is managed by MFS. It was launched on Jan 1, 1997. TNHIX is managed by 1290 Funds. It was launched on Nov 12, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MTCIX or TNHIX.
Performance
MTCIX vs. TNHIX - Performance Comparison
Loading data...
Key characteristics
MTCIX:
0.52
TNHIX:
2.85
MTCIX:
0.72
TNHIX:
3.67
MTCIX:
1.10
TNHIX:
1.61
MTCIX:
0.41
TNHIX:
2.42
MTCIX:
1.26
TNHIX:
12.28
MTCIX:
8.42%
TNHIX:
0.72%
MTCIX:
27.96%
TNHIX:
3.31%
MTCIX:
-81.20%
TNHIX:
-17.11%
MTCIX:
-7.22%
TNHIX:
0.00%
Returns By Period
In the year-to-date period, MTCIX achieves a -2.15% return, which is significantly lower than TNHIX's 2.77% return. Over the past 10 years, MTCIX has outperformed TNHIX with an annualized return of 17.03%, while TNHIX has yielded a comparatively lower 4.56% annualized return.
MTCIX
-2.15%
8.03%
-1.00%
14.55%
20.45%
14.67%
17.03%
TNHIX
2.77%
1.67%
2.31%
9.00%
6.62%
5.26%
4.56%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MTCIX vs. TNHIX - Expense Ratio Comparison
MTCIX has a 0.88% expense ratio, which is lower than TNHIX's 1.18% expense ratio.
Risk-Adjusted Performance
MTCIX vs. TNHIX — Risk-Adjusted Performance Rank
MTCIX
TNHIX
MTCIX vs. TNHIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Technology Fund (MTCIX) and 1290 High Yield Bond Fund (TNHIX). 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.
Loading data...
Dividends
MTCIX vs. TNHIX - Dividend Comparison
MTCIX's dividend yield for the trailing twelve months is around 13.68%, more than TNHIX's 5.75% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTCIX MFS Technology Fund | 13.68% | 13.39% | 9.66% | 10.35% | 11.58% | 4.97% | 1.94% | 4.97% | 3.51% | 1.84% | 3.62% | 3.31% |
TNHIX 1290 High Yield Bond Fund | 5.75% | 6.36% | 6.01% | 5.89% | 4.77% | 5.19% | 5.51% | 5.84% | 5.47% | 6.40% | 7.85% | 0.93% |
Drawdowns
MTCIX vs. TNHIX - Drawdown Comparison
The maximum MTCIX drawdown since its inception was -81.20%, which is greater than TNHIX's maximum drawdown of -17.11%. Use the drawdown chart below to compare losses from any high point for MTCIX and TNHIX.
Loading data...
Volatility
MTCIX vs. TNHIX - Volatility Comparison
MFS Technology Fund (MTCIX) has a higher volatility of 6.31% compared to 1290 High Yield Bond Fund (TNHIX) at 1.01%. This indicates that MTCIX's price experiences larger fluctuations and is considered to be riskier than TNHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...