MWOFX vs. MGK
Compare and contrast key facts about MFS Global Growth Fund (MWOFX) and Vanguard Mega Cap Growth ETF (MGK).
MWOFX is managed by MFS. It was launched on Nov 17, 1993. MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MWOFX or MGK.
Performance
MWOFX vs. MGK - Performance Comparison
Returns By Period
In the year-to-date period, MWOFX achieves a 12.53% return, which is significantly lower than MGK's 29.83% return. Over the past 10 years, MWOFX has underperformed MGK with an annualized return of 7.02%, while MGK has yielded a comparatively higher 16.23% annualized return.
MWOFX
12.53%
-1.14%
4.69%
15.28%
6.76%
7.02%
MGK
29.83%
1.82%
14.74%
34.36%
20.06%
16.23%
Key characteristics
| MWOFX | MGK | |
|---|---|---|
| Sharpe Ratio | 1.39 | 2.03 |
| Sortino Ratio | 1.96 | 2.66 |
| Omega Ratio | 1.25 | 1.37 |
| Calmar Ratio | 1.05 | 2.59 |
| Martin Ratio | 8.04 | 9.82 |
| Ulcer Index | 1.98% | 3.57% |
| Daily Std Dev | 11.48% | 17.30% |
| Max Drawdown | -53.92% | -48.36% |
| Current Drawdown | -2.29% | -1.38% |
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MWOFX vs. MGK - Expense Ratio Comparison
MWOFX has a 1.22% expense ratio, which is higher than MGK's 0.07% expense ratio.
Correlation
The correlation between MWOFX and MGK is 0.88, 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.
Risk-Adjusted Performance
MWOFX vs. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Global Growth Fund (MWOFX) and Vanguard Mega Cap Growth ETF (MGK). 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. MGK - Dividend Comparison
MWOFX's dividend yield for the trailing twelve months is around 0.03%, less than MGK's 0.42% 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% |
MGK Vanguard Mega Cap Growth ETF | 0.42% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% | 1.29% |
Drawdowns
MWOFX vs. MGK - Drawdown Comparison
The maximum MWOFX drawdown since its inception was -53.92%, which is greater than MGK's maximum drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for MWOFX and MGK. For additional features, visit the drawdowns tool.
Volatility
MWOFX vs. MGK - Volatility Comparison
The current volatility for MFS Global Growth Fund (MWOFX) is 3.26%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 5.40%. This indicates that MWOFX experiences smaller price fluctuations and is considered to be less risky than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.