MVCAX vs. FXAIX
Compare and contrast key facts about MFS Mid Cap Value Fund (MVCAX) and Fidelity 500 Index Fund (FXAIX).
MVCAX is managed by MFS. It was launched on Aug 31, 2001. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MVCAX or FXAIX.
Key characteristics
| MVCAX | FXAIX | |
|---|---|---|
| YTD Return | 19.98% | 26.92% |
| 1Y Return | 35.13% | 37.57% |
| 3Y Return (Ann) | 7.54% | 10.24% |
| 5Y Return (Ann) | 11.59% | 15.96% |
| 10Y Return (Ann) | 9.72% | 13.30% |
| Sharpe Ratio | 2.69 | 3.05 |
| Sortino Ratio | 3.82 | 4.06 |
| Omega Ratio | 1.47 | 1.57 |
| Calmar Ratio | 3.36 | 4.44 |
| Martin Ratio | 16.88 | 20.09 |
| Ulcer Index | 2.06% | 1.86% |
| Daily Std Dev | 12.97% | 12.28% |
| Max Drawdown | -59.10% | -33.79% |
| Current Drawdown | -0.78% | -0.28% |
Correlation
The correlation between MVCAX and FXAIX is 0.88, 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
MVCAX vs. FXAIX - Performance Comparison
In the year-to-date period, MVCAX achieves a 19.98% return, which is significantly lower than FXAIX's 26.92% return. Over the past 10 years, MVCAX has underperformed FXAIX with an annualized return of 9.72%, while FXAIX has yielded a comparatively higher 13.30% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MVCAX vs. FXAIX - Expense Ratio Comparison
MVCAX has a 1.02% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
MVCAX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Mid Cap Value Fund (MVCAX) and Fidelity 500 Index Fund (FXAIX). 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
MVCAX vs. FXAIX - Dividend Comparison
MVCAX's dividend yield for the trailing twelve months is around 1.07%, less than FXAIX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MVCAX MFS Mid Cap Value Fund | 1.07% | 1.28% | 1.40% | 0.92% | 0.80% | 0.91% | 0.96% | 0.42% | 1.12% | 0.31% | 7.08% | 5.85% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
MVCAX vs. FXAIX - Drawdown Comparison
The maximum MVCAX drawdown since its inception was -59.10%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for MVCAX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
MVCAX vs. FXAIX - Volatility Comparison
MFS Mid Cap Value Fund (MVCAX) has a higher volatility of 4.10% compared to Fidelity 500 Index Fund (FXAIX) at 3.85%. This indicates that MVCAX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.