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.
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.
Performance
MWOFX vs. MGK - Performance Comparison
Key characteristics
MWOFX:
0.42
MGK:
1.84
MWOFX:
0.62
MGK:
2.42
MWOFX:
1.08
MGK:
1.33
MWOFX:
0.35
MGK:
2.43
MWOFX:
2.31
MGK:
9.19
MWOFX:
2.28%
MGK:
3.59%
MWOFX:
12.65%
MGK:
17.89%
MWOFX:
-53.92%
MGK:
-48.36%
MWOFX:
-8.62%
MGK:
-3.91%
Returns By Period
Over the past 10 years, MWOFX has underperformed MGK with an annualized return of 6.39%, while MGK has yielded a comparatively higher 16.63% annualized return.
MWOFX
0.00%
-7.70%
-2.10%
5.26%
4.52%
6.39%
MGK
0.00%
1.14%
7.65%
32.94%
19.11%
16.63%
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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.
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 has not paid dividends to shareholders, while MGK's dividend yield for the trailing twelve months is around 0.43%.
| 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% |
MGK Vanguard Mega Cap Growth ETF | 0.43% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% |
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
MFS Global Growth Fund (MWOFX) and Vanguard Mega Cap Growth ETF (MGK) have volatilities of 5.77% and 5.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.