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.
Performance
MWOFX vs. CCRV - Performance Comparison
Returns By Period
In the year-to-date period, MWOFX achieves a 12.92% return, which is significantly higher than CCRV's 6.11% return.
MWOFX
12.92%
-0.54%
4.39%
15.69%
6.83%
7.04%
CCRV
6.11%
-0.11%
-2.48%
3.12%
N/A
N/A
Key characteristics
| MWOFX | CCRV | |
|---|---|---|
| Sharpe Ratio | 1.37 | 0.20 |
| Sortino Ratio | 1.93 | 0.38 |
| Omega Ratio | 1.24 | 1.04 |
| Calmar Ratio | 1.04 | 0.23 |
| Martin Ratio | 7.90 | 0.66 |
| Ulcer Index | 1.98% | 4.33% |
| Daily Std Dev | 11.47% | 14.20% |
| Max Drawdown | -53.92% | -24.81% |
| Current Drawdown | -1.94% | -5.37% |
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MWOFX vs. CCRV - Expense Ratio Comparison
MWOFX has a 1.22% expense ratio, which is higher than CCRV's 0.40% expense ratio.
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.
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's dividend yield for the trailing twelve months is around 0.03%, less than CCRV's 6.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MWOFX MFS Global Growth Fund | 0.03% | 0.04% | 0.00% | 0.00% | 0.00% | 0.07% | 0.11% | 0.17% | 0.07% | 0.31% | 4.66% | 3.64% |
CCRV iShares Commodity Curve Carry Strategy ETF | 6.84% | 7.26% | 33.27% | 26.22% | 0.00% | 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
The current volatility for MFS Global Growth Fund (MWOFX) is 3.26%, while iShares Commodity Curve Carry Strategy ETF (CCRV) has a volatility of 4.67%. This indicates that MWOFX experiences smaller price fluctuations and is considered to be less risky than CCRV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.