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NDVIX vs. MIGFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

NDVIX vs. MIGFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS New Discovery Value Fund (NDVIX) and MFS Massachusetts Investors Growth Stock Fund (MIGFX). The values are adjusted to include any dividend payments, if applicable.

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NDVIX vs. MIGFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
NDVIX
MFS New Discovery Value Fund
-1.01%2.38%9.34%11.20%-10.79%33.58%3.65%33.65%-11.13%14.54%
MIGFX
MFS Massachusetts Investors Growth Stock Fund
-11.94%9.97%27.25%24.13%-19.20%26.06%22.55%39.89%0.81%28.68%

Returns By Period

In the year-to-date period, NDVIX achieves a -1.01% return, which is significantly higher than MIGFX's -11.94% return. Over the past 10 years, NDVIX has underperformed MIGFX with an annualized return of 9.67%, while MIGFX has yielded a comparatively higher 13.37% annualized return.


NDVIX

1D
-1.01%
1M
-8.22%
YTD
-1.01%
6M
-0.89%
1Y
7.23%
3Y*
6.96%
5Y*
4.64%
10Y*
9.67%

MIGFX

1D
-0.22%
1M
-9.05%
YTD
-11.94%
6M
-10.77%
1Y
2.07%
3Y*
12.38%
5Y*
8.52%
10Y*
13.37%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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NDVIX vs. MIGFX - Expense Ratio Comparison

NDVIX has a 0.93% expense ratio, which is higher than MIGFX's 0.70% expense ratio.


Return for Risk

NDVIX vs. MIGFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NDVIX
NDVIX Risk / Return Rank: 1414
Overall Rank
NDVIX Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
NDVIX Sortino Ratio Rank: 1414
Sortino Ratio Rank
NDVIX Omega Ratio Rank: 1313
Omega Ratio Rank
NDVIX Calmar Ratio Rank: 1414
Calmar Ratio Rank
NDVIX Martin Ratio Rank: 1515
Martin Ratio Rank

MIGFX
MIGFX Risk / Return Rank: 88
Overall Rank
MIGFX Sharpe Ratio Rank: 88
Sharpe Ratio Rank
MIGFX Sortino Ratio Rank: 88
Sortino Ratio Rank
MIGFX Omega Ratio Rank: 88
Omega Ratio Rank
MIGFX Calmar Ratio Rank: 77
Calmar Ratio Rank
MIGFX Martin Ratio Rank: 77
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NDVIX vs. MIGFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS New Discovery Value Fund (NDVIX) and MFS Massachusetts Investors Growth Stock Fund (MIGFX). 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.


NDVIXMIGFXDifference

Sharpe ratio

Return per unit of total volatility

0.35

0.14

+0.21

Sortino ratio

Return per unit of downside risk

0.64

0.33

+0.30

Omega ratio

Gain probability vs. loss probability

1.09

1.05

+0.04

Calmar ratio

Return relative to maximum drawdown

0.39

0.04

+0.35

Martin ratio

Return relative to average drawdown

1.40

0.14

+1.25

NDVIX vs. MIGFX - Sharpe Ratio Comparison

The current NDVIX Sharpe Ratio is 0.35, which is higher than the MIGFX Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of NDVIX and MIGFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


NDVIXMIGFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.35

0.14

+0.21

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.23

0.49

-0.26

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.45

0.74

-0.29

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

0.38

+0.09

Correlation

The correlation between NDVIX and MIGFX is 0.75, 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.


Dividends

NDVIX vs. MIGFX - Dividend Comparison

NDVIX's dividend yield for the trailing twelve months is around 10.87%, less than MIGFX's 12.93% yield.


TTM20252024202320222021202020192018201720162015
NDVIX
MFS New Discovery Value Fund
10.87%10.76%6.57%6.24%8.27%9.36%1.93%4.80%8.09%5.14%4.40%2.70%
MIGFX
MFS Massachusetts Investors Growth Stock Fund
12.93%11.39%17.15%4.11%4.49%10.47%7.43%7.39%10.76%6.87%5.12%6.51%

Drawdowns

NDVIX vs. MIGFX - Drawdown Comparison

The maximum NDVIX drawdown since its inception was -44.03%, smaller than the maximum MIGFX drawdown of -61.83%. Use the drawdown chart below to compare losses from any high point for NDVIX and MIGFX.


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Drawdown Indicators


NDVIXMIGFXDifference

Max Drawdown

Largest peak-to-trough decline

-44.03%

-61.83%

+17.80%

Max Drawdown (1Y)

Largest decline over 1 year

-15.23%

-13.77%

-1.46%

Max Drawdown (5Y)

Largest decline over 5 years

-25.59%

-26.67%

+1.08%

Max Drawdown (10Y)

Largest decline over 10 years

-44.03%

-32.42%

-11.61%

Current Drawdown

Current decline from peak

-10.44%

-13.77%

+3.33%

Average Drawdown

Average peak-to-trough decline

-6.18%

-19.00%

+12.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.21%

3.77%

+0.44%

Volatility

NDVIX vs. MIGFX - Volatility Comparison

MFS New Discovery Value Fund (NDVIX) has a higher volatility of 5.66% compared to MFS Massachusetts Investors Growth Stock Fund (MIGFX) at 4.36%. This indicates that NDVIX's price experiences larger fluctuations and is considered to be riskier than MIGFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NDVIXMIGFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.66%

4.36%

+1.30%

Volatility (6M)

Calculated over the trailing 6-month period

11.93%

9.37%

+2.56%

Volatility (1Y)

Calculated over the trailing 1-year period

21.39%

17.64%

+3.75%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.06%

17.45%

+2.61%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.79%

18.16%

+3.63%