SMGIX vs. MIGFX
Compare and contrast key facts about Columbia Contrarian Core Fund (SMGIX) and MFS Massachusetts Investors Growth Stock Fund (MIGFX).
SMGIX is managed by Columbia Threadneedle. It was launched on Dec 14, 1992. MIGFX is managed by MFS. It was launched on Jan 1, 1935.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMGIX or MIGFX.
Key characteristics
| SMGIX | MIGFX | |
|---|---|---|
| YTD Return | 24.85% | 18.27% |
| 1Y Return | 35.25% | 23.35% |
| 3Y Return (Ann) | 10.58% | 1.15% |
| 5Y Return (Ann) | 16.43% | 7.28% |
| 10Y Return (Ann) | 13.04% | 7.54% |
| Sharpe Ratio | 2.87 | 1.85 |
| Sortino Ratio | 3.82 | 2.49 |
| Omega Ratio | 1.54 | 1.34 |
| Calmar Ratio | 3.97 | 1.38 |
| Martin Ratio | 18.07 | 10.43 |
| Ulcer Index | 1.95% | 2.21% |
| Daily Std Dev | 12.27% | 12.46% |
| Max Drawdown | -50.62% | -61.53% |
| Current Drawdown | 0.00% | -0.39% |
Correlation
The correlation between SMGIX and MIGFX is 0.89, 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
SMGIX vs. MIGFX - Performance Comparison
In the year-to-date period, SMGIX achieves a 24.85% return, which is significantly higher than MIGFX's 18.27% return. Over the past 10 years, SMGIX has outperformed MIGFX with an annualized return of 13.04%, while MIGFX has yielded a comparatively lower 7.54% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SMGIX vs. MIGFX - Expense Ratio Comparison
SMGIX has a 0.75% expense ratio, which is higher than MIGFX's 0.70% expense ratio.
Risk-Adjusted Performance
SMGIX vs. MIGFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Contrarian Core Fund (SMGIX) 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.
Dividends
SMGIX vs. MIGFX - Dividend Comparison
SMGIX's dividend yield for the trailing twelve months is around 0.47%, more than MIGFX's 0.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMGIX Columbia Contrarian Core Fund | 0.47% | 0.58% | 0.57% | 0.49% | 0.78% | 1.08% | 1.35% | 0.95% | 0.91% | 2.86% | 0.74% | 0.75% |
MIGFX MFS Massachusetts Investors Growth Stock Fund | 0.35% | 0.41% | 0.44% | 0.18% | 0.15% | 0.27% | 1.08% | 0.89% | 0.80% | 0.92% | 4.42% | 2.00% |
Drawdowns
SMGIX vs. MIGFX - Drawdown Comparison
The maximum SMGIX drawdown since its inception was -50.62%, smaller than the maximum MIGFX drawdown of -61.53%. Use the drawdown chart below to compare losses from any high point for SMGIX and MIGFX. For additional features, visit the drawdowns tool.
Volatility
SMGIX vs. MIGFX - Volatility Comparison
Columbia Contrarian Core Fund (SMGIX) has a higher volatility of 3.87% compared to MFS Massachusetts Investors Growth Stock Fund (MIGFX) at 3.43%. This indicates that SMGIX'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.