OASDX vs. MNWIX

Last updated Jun 4, 2026

OASDX (Oakhurst Strategic Defined Risk Fund) and MNWIX (MFS Managed Wealth Fund) are both Long-Short funds. A 0.52 correlation means they provide meaningful diversification when combined. OASDX charges 1.89%/yr vs 0.67%/yr for MNWIX.

Performance

OASDX vs. MNWIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oakhurst Strategic Defined Risk Fund (OASDX) and MFS Managed Wealth Fund (MNWIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

OASDX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MNWIX

• 1D: -0.52%
• 1M: 0.67%
• YTD: 0.83%
• 6M: 1.44%
• 1Y: 3.30%
• 3Y*: 6.12%
• 5Y*: 3.91%
• 10Y*: 3.82%

*Multi-year figures are annualized to reflect compound growth (CAGR)

OASDX vs. MNWIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OASDX Oakhurst Strategic Defined Risk Fund	3.40%	10.94%	18.06%	17.20%	-13.49%	13.03%	8.88%	9.63%	-6.46%	4.74%
MNWIX MFS Managed Wealth Fund	0.83%	7.71%	6.42%	5.41%	-2.15%	1.35%	3.11%	8.70%	2.10%	1.54%

Correlation

The correlation between OASDX and MNWIX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (All Time) Calculated using the full available price history since May 23, 2017	0.52

Over the past year, OASDX and MNWIX have become more correlated (0.79) than their long-term average of 0.52, meaning their price movements have been converging.

Return for Risk

OASDX vs. MNWIX — Risk / Return Rank

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

MNWIX

MNWIX Risk / Return Rank: 8
MNWIX Sharpe Ratio Rank: 8
MNWIX Sortino Ratio Rank: 8
MNWIX Omega Ratio Rank: 8
MNWIX Calmar Ratio Rank: 7
MNWIX Martin Ratio Rank: 9

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.

OASDX vs. MNWIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oakhurst Strategic Defined Risk Fund (OASDX) and MFS Managed Wealth Fund (MNWIX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	OASDX	MNWIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.64	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.99	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.00	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.86	—

Drawdowns

Drawdown Indicators

	OASDX	MNWIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-5.57%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-5.57%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-5.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-5.57%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-5.57%	—
Current Drawdown Current decline from peak	—	-0.67%	—
Average Drawdown Average peak-to-trough decline	—	-1.13%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.39%	—

Volatility

Volatility by Period

	OASDX	MNWIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.47%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	5.56%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	3.98%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	3.84%	—

OASDX vs. MNWIX - Expense Ratio Comparison

OASDX has a 1.89% expense ratio, which is higher than MNWIX's 0.67% expense ratio.

Dividends

OASDX vs. MNWIX - Dividend Comparison

OASDX's dividend yield for the trailing twelve months is around 24.94%, more than MNWIX's 0.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MNWIX MFS Managed Wealth Fund	0.75%	0.76%	1.13%	0.78%	0.70%	0.13%	0.24%	0.54%	0.42%	0.94%	2.65%	1.19%
OASDX Oakhurst Strategic Defined Risk Fund	24.94%	8.80%	12.01%	3.28%	5.59%	5.20%	0.00%	2.35%	1.74%	0.92%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OASDX and MNWIX in my portfolio?

OASDX and MNWIX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.