MWEBX vs. FMIEX

Last updated Jun 11, 2026

MWEBX (MFS Global Equity Fund) and FMIEX (Wasatch Global Value Fund Investor Class Shares) are both Global Equities funds. Over the past 10 years, MWEBX returned 9.25%/yr vs 11.39%/yr for FMIEX. A 0.79 correlation means they provide meaningful diversification when combined. MWEBX charges 1.90%/yr vs 1.10%/yr for FMIEX.

Performance

MWEBX vs. FMIEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Global Equity Fund (MWEBX) and Wasatch Global Value Fund Investor Class Shares (FMIEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MWEBX achieves a -1.17% return, which is significantly lower than FMIEX's 12.18% return. Over the past 10 years, MWEBX has underperformed FMIEX with an annualized return of 9.25%, while FMIEX has yielded a comparatively higher 11.39% annualized return.

MWEBX

• 1D: 0.96%
• 1M: 0.87%
• YTD: -1.17%
• 6M: 0.37%
• 1Y: 3.87%
• 3Y*: 13.10%
• 5Y*: 5.42%
• 10Y*: 9.25%

FMIEX

• 1D: 1.06%
• 1M: -0.80%
• YTD: 12.18%
• 6M: 14.02%
• 1Y: 26.59%
• 3Y*: 18.89%
• 5Y*: 11.24%
• 10Y*: 11.39%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MWEBX vs. FMIEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MWEBX MFS Global Equity Fund	-1.17%	12.70%	22.16%	13.48%	-18.53%	16.15%	13.03%	29.23%	-10.51%	22.63%
FMIEX Wasatch Global Value Fund Investor Class Shares	12.18%	30.93%	8.66%	5.67%	-0.12%	25.11%	2.04%	17.27%	-5.67%	11.21%

Correlation

The correlation between MWEBX and FMIEX is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (10Y) Calculated over the trailing 10-year period	0.78
Correlation (All Time) Calculated using the full available price history since Sep 25, 1996	0.79

The correlation between MWEBX and FMIEX has been stable across timeframes, ranging from 0.72 to 0.79 - a consistent structural relationship.

Return for Risk

MWEBX vs. FMIEX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MWEBX

MWEBX Risk / Return Rank: 6
MWEBX Sharpe Ratio Rank: 6
MWEBX Sortino Ratio Rank: 6
MWEBX Omega Ratio Rank: 6
MWEBX Calmar Ratio Rank: 6
MWEBX Martin Ratio Rank: 6

FMIEX

FMIEX Risk / Return Rank: 90
FMIEX Sharpe Ratio Rank: 94
FMIEX Sortino Ratio Rank: 91
FMIEX Omega Ratio Rank: 84
FMIEX Calmar Ratio Rank: 89
FMIEX Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MWEBX vs. FMIEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Global Equity Fund (MWEBX) and Wasatch Global Value Fund Investor Class Shares (FMIEX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MWEBX	FMIEX	Difference
Sharpe ratio: Return per unit of total volatility	0.34	2.92	-2.57
Sortino ratio: Return per unit of downside risk	0.58	4.22	-3.64
Omega ratio: Gain probability vs. loss probability	1.07	1.50	-0.44
Calmar ratio: Return relative to maximum drawdown	0.32	3.90	-3.58
Martin ratio: Return relative to average drawdown	1.12	15.56	-14.44

MWEBX vs. FMIEX - Sharpe Ratio Comparison

The current MWEBX Sharpe Ratio is 0.34, which is lower than the FMIEX Sharpe Ratio of 2.92. The chart below compares the historical Sharpe Ratios of MWEBX and FMIEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MWEBX vs. FMIEX - Drawdown Comparison

The maximum MWEBX drawdown since its inception was -52.31%, roughly equal to the maximum FMIEX drawdown of -49.85%. Use the drawdown chart below to compare losses from any high point for MWEBX and FMIEX.

Drawdown Indicators

	MWEBX	FMIEX	Difference
Max Drawdown Largest peak-to-trough decline	-52.31%	-49.85%	-2.46%
Max Drawdown (1Y) Largest decline over 1 year	-13.43%	-7.04%	-6.39%
Max Drawdown (3Y) Largest decline over 3 years	-15.10%	-9.52%	-5.58%
Max Drawdown (5Y) Largest decline over 5 years	-28.70%	-18.63%	-10.07%
Max Drawdown (10Y) Largest decline over 10 years	-33.91%	-39.33%	+5.42%
Current Drawdown Current decline from peak	-3.84%	-2.13%	-1.71%
Average Drawdown Average peak-to-trough decline	-7.89%	-6.58%	-1.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.88%	1.76%	+2.12%

Volatility

MWEBX vs. FMIEX - Volatility Comparison

MFS Global Equity Fund (MWEBX) has a higher volatility of 3.82% compared to Wasatch Global Value Fund Investor Class Shares (FMIEX) at 2.77%. This indicates that MWEBX's price experiences larger fluctuations and is considered to be riskier than FMIEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MWEBX	FMIEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.82%	2.77%	+1.05%
Volatility (6M) Calculated over the trailing 6-month period	9.91%	7.34%	+2.57%
Volatility (1Y) Calculated over the trailing 1-year period	12.74%	9.41%	+3.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.07%	12.74%	+4.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.18%	15.73%	+1.45%

MWEBX vs. FMIEX - Expense Ratio Comparison

MWEBX has a 1.90% expense ratio, which is higher than FMIEX's 1.10% expense ratio.

Dividends

MWEBX vs. FMIEX - Dividend Comparison

MWEBX's dividend yield for the trailing twelve months is around 24.42%, more than FMIEX's 5.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FMIEX Wasatch Global Value Fund Investor Class Shares	5.09%	5.76%	9.02%	3.27%	8.54%	4.34%	1.74%	3.82%	18.46%	16.45%	5.16%	11.75%
MWEBX MFS Global Equity Fund	24.42%	24.13%	28.50%	8.83%	9.68%	5.33%	2.09%	1.46%	5.42%	2.16%	0.85%	1.19%

Frequently Asked Questions

Can I hold both MWEBX and FMIEX in my portfolio?

MWEBX and FMIEX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MWEBX or FMIEX?

MWEBX has higher volatility (3.82%) compared to FMIEX (2.77%). In terms of maximum drawdown, MWEBX dropped -52.31% vs FMIEX's -49.85%.

Which has better risk-adjusted returns?

FMIEX currently has the higher Sharpe Ratio (2.92 vs 0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.