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.
Correlation
The correlation between MTCIX and TNHIX is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MTCIX vs. TNHIX - Performance Comparison
Key characteristics
MTCIX:
-0.60
TNHIX:
1.57
MTCIX:
-0.62
TNHIX:
2.07
MTCIX:
0.91
TNHIX:
1.33
MTCIX:
-0.48
TNHIX:
1.50
MTCIX:
-1.56
TNHIX:
10.05
MTCIX:
10.34%
TNHIX:
0.49%
MTCIX:
26.79%
TNHIX:
3.14%
MTCIX:
-81.20%
TNHIX:
-17.11%
MTCIX:
-33.62%
TNHIX:
-3.30%
Returns By Period
In the year-to-date period, MTCIX achieves a -20.63% return, which is significantly lower than TNHIX's -1.60% return. Over the past 10 years, MTCIX has outperformed TNHIX with an annualized return of 8.29%, while TNHIX has yielded a comparatively lower 4.20% annualized return.
MTCIX
-20.63%
-15.81%
-24.99%
-17.49%
3.55%
8.29%
TNHIX
-1.60%
-2.96%
-1.12%
5.06%
6.25%
4.20%
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.
Dividends
MTCIX vs. TNHIX - Dividend Comparison
MTCIX has not paid dividends to shareholders, while TNHIX's dividend yield for the trailing twelve months is around 6.59%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MTCIX MFS Technology Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.62% | 3.31% |
TNHIX 1290 High Yield Bond Fund | 6.59% | 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. For additional features, visit the drawdowns tool.
Volatility
MTCIX vs. TNHIX - Volatility Comparison
MFS Technology Fund (MTCIX) has a higher volatility of 11.60% compared to 1290 High Yield Bond Fund (TNHIX) at 1.69%. 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.