MWOFX vs. CCRV
Compare and contrast key facts about MFS Global Growth Fund (MWOFX) and iShares Commodity Curve Carry Strategy ETF (CCRV).
MWOFX is managed by MFS. It was launched on Nov 17, 1993. CCRV is a passively managed fund by iShares that tracks the performance of the CCRV-US - ICE BofA Commodity Enhanced Carry Index. It was launched on Sep 1, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MWOFX or CCRV.
Correlation
The correlation between MWOFX and CCRV is 0.18, 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
MWOFX vs. CCRV - Performance Comparison
Key characteristics
MWOFX:
0.42
CCRV:
0.42
MWOFX:
0.62
CCRV:
0.69
MWOFX:
1.08
CCRV:
1.08
MWOFX:
0.35
CCRV:
0.49
MWOFX:
2.31
CCRV:
1.25
MWOFX:
2.28%
CCRV:
4.59%
MWOFX:
12.65%
CCRV:
13.64%
MWOFX:
-53.92%
CCRV:
-24.81%
MWOFX:
-8.62%
CCRV:
-5.70%
Returns By Period
MWOFX
0.00%
-7.70%
-2.10%
5.26%
4.52%
6.39%
CCRV
0.00%
0.69%
-4.99%
5.73%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MWOFX vs. CCRV - Expense Ratio Comparison
MWOFX has a 1.22% expense ratio, which is higher than CCRV's 0.40% expense ratio.
Risk-Adjusted Performance
MWOFX vs. CCRV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Global Growth Fund (MWOFX) and iShares Commodity Curve Carry Strategy ETF (CCRV). 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
MWOFX vs. CCRV - Dividend Comparison
MWOFX has not paid dividends to shareholders, while CCRV's dividend yield for the trailing twelve months is around 4.43%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
MWOFX MFS Global Growth Fund | 0.00% | 0.04% | 0.00% | 0.00% | 0.00% | 0.07% | 0.11% | 0.17% | 0.07% | 0.31% | 4.66% |
CCRV iShares Commodity Curve Carry Strategy ETF | 4.43% | 7.26% | 33.27% | 26.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MWOFX vs. CCRV - Drawdown Comparison
The maximum MWOFX drawdown since its inception was -53.92%, which is greater than CCRV's maximum drawdown of -24.81%. Use the drawdown chart below to compare losses from any high point for MWOFX and CCRV. For additional features, visit the drawdowns tool.
Volatility
MWOFX vs. CCRV - Volatility Comparison
MFS Global Growth Fund (MWOFX) has a higher volatility of 5.77% compared to iShares Commodity Curve Carry Strategy ETF (CCRV) at 2.23%. This indicates that MWOFX's price experiences larger fluctuations and is considered to be riskier than CCRV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.