MWOFX vs. GLDM
Compare and contrast key facts about MFS Global Growth Fund (MWOFX) and SPDR Gold MiniShares Trust (GLDM).
MWOFX is managed by MFS. It was launched on Nov 17, 1993. GLDM is a passively managed fund by State Street that tracks the performance of the LBMA Gold PM Price. It was launched on Jun 25, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MWOFX or GLDM.
Correlation
The correlation between MWOFX and GLDM is 0.12, 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. GLDM - Performance Comparison
Key characteristics
MWOFX:
0.51
GLDM:
1.72
MWOFX:
0.75
GLDM:
2.31
MWOFX:
1.10
GLDM:
1.30
MWOFX:
0.43
GLDM:
3.17
MWOFX:
2.96
GLDM:
8.97
MWOFX:
2.18%
GLDM:
2.86%
MWOFX:
12.62%
GLDM:
14.89%
MWOFX:
-53.92%
GLDM:
-21.63%
MWOFX:
-7.68%
GLDM:
-6.19%
Returns By Period
In the year-to-date period, MWOFX achieves a 6.34% return, which is significantly lower than GLDM's 26.64% return.
MWOFX
6.34%
-6.44%
-0.67%
6.25%
4.83%
6.36%
GLDM
26.64%
-0.82%
12.41%
26.40%
11.47%
N/A
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MWOFX vs. GLDM - Expense Ratio Comparison
MWOFX has a 1.22% expense ratio, which is higher than GLDM's 0.18% expense ratio.
Risk-Adjusted Performance
MWOFX vs. GLDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Global Growth Fund (MWOFX) and SPDR Gold MiniShares Trust (GLDM). 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. GLDM - Dividend Comparison
Neither MWOFX nor GLDM has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 3.64% |
GLDM SPDR Gold MiniShares Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MWOFX vs. GLDM - Drawdown Comparison
The maximum MWOFX drawdown since its inception was -53.92%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for MWOFX and GLDM. For additional features, visit the drawdowns tool.
Volatility
MWOFX vs. GLDM - Volatility Comparison
MFS Global Growth Fund (MWOFX) has a higher volatility of 5.80% compared to SPDR Gold MiniShares Trust (GLDM) at 4.01%. This indicates that MWOFX's price experiences larger fluctuations and is considered to be riskier than GLDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.