MVCAX vs. TRMCX
Compare and contrast key facts about MFS Mid Cap Value Fund (MVCAX) and T. Rowe Price Mid-Cap Value Fund (TRMCX).
MVCAX is managed by MFS. It was launched on Aug 31, 2001. TRMCX is managed by T. Rowe Price. It was launched on Jun 28, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MVCAX or TRMCX.
Key characteristics
| MVCAX | TRMCX | |
|---|---|---|
| YTD Return | 13.51% | 13.75% |
| 1Y Return | 21.77% | 23.86% |
| 3Y Return (Ann) | 8.10% | 11.62% |
| 5Y Return (Ann) | 10.87% | 13.48% |
| 10Y Return (Ann) | 9.09% | 9.76% |
| Sharpe Ratio | 1.72 | 1.38 |
| Daily Std Dev | 13.56% | 18.26% |
| Max Drawdown | -59.10% | -55.28% |
| Current Drawdown | -1.20% | -1.00% |
Correlation
The correlation between MVCAX and TRMCX is 0.96, 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. TRMCX - Performance Comparison
The year-to-date returns for both investments are quite close, with MVCAX having a 13.51% return and TRMCX slightly higher at 13.75%. Over the past 10 years, MVCAX has underperformed TRMCX with an annualized return of 9.09%, while TRMCX has yielded a comparatively higher 9.76% 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. TRMCX - Expense Ratio Comparison
MVCAX has a 1.02% expense ratio, which is higher than TRMCX's 0.77% expense ratio.
Risk-Adjusted Performance
MVCAX vs. TRMCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Mid Cap Value Fund (MVCAX) and T. Rowe Price Mid-Cap Value Fund (TRMCX). 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. TRMCX - Dividend Comparison
MVCAX's dividend yield for the trailing twelve months is around 2.41%, less than TRMCX's 6.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MVCAX MFS Mid Cap Value Fund | 2.41% | 2.73% | 5.22% | 5.70% | 0.80% | 2.03% | 6.36% | 3.36% | 1.18% | 4.59% | 7.08% | 5.85% |
TRMCX T. Rowe Price Mid-Cap Value Fund | 6.73% | 7.65% | 13.92% | 9.22% | 3.79% | 4.25% | 12.13% | 6.58% | 6.74% | 11.39% | 14.71% | 5.02% |
Drawdowns
MVCAX vs. TRMCX - Drawdown Comparison
The maximum MVCAX drawdown since its inception was -59.10%, which is greater than TRMCX's maximum drawdown of -55.28%. Use the drawdown chart below to compare losses from any high point for MVCAX and TRMCX. For additional features, visit the drawdowns tool.
Volatility
MVCAX vs. TRMCX - Volatility Comparison
MFS Mid Cap Value Fund (MVCAX) and T. Rowe Price Mid-Cap Value Fund (TRMCX) have volatilities of 3.88% and 3.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.