SMGIX vs. MIGFX
SMGIX (Columbia Contrarian Core Fund) and MIGFX (MFS Massachusetts Investors Growth Stock Fund) are both mutual funds - SMGIX is a Large Cap Blend Equities fund managed by Columbia, while MIGFX is a Large Cap Growth Equities fund managed by MFS. Over the past 10 years, SMGIX returned 14.27%/yr vs 14.08%/yr for MIGFX. Their correlation of 0.90 means they have usually moved in the same direction. SMGIX charges 0.75%/yr vs 0.70%/yr for MIGFX.
Performance
SMGIX vs. MIGFX - Performance Comparison
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Returns By Period
In the year-to-date period, SMGIX achieves a 8.65% return, which is significantly higher than MIGFX's -1.78% return. Both investments have delivered pretty close results over the past 10 years, with SMGIX having a 14.27% annualized return and MIGFX not far behind at 14.08%.
SMGIX
- 1D
- 1.91%
- 1M
- -0.45%
- 6M
- 8.07%
- YTD
- 8.65%
- 1Y
- 17.77%
- 3Y*
- 18.50%
- 5Y*
- 12.17%
- 10Y*
- 14.27%
- ALL TIME*
- 13.12%
MIGFX
- 1D
- 1.34%
- 1M
- 0.92%
- 6M
- -1.02%
- YTD
- -1.78%
- 1Y
- 3.68%
- 3Y*
- 12.93%
- 5Y*
- 8.13%
- 10Y*
- 14.08%
- ALL TIME*
- 7.42%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SMGIX vs. MIGFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SMGIX Columbia Contrarian Core Fund | 8.65% | 17.35% | 23.33% | 32.12% | -18.64% | 24.18% | 22.21% | 32.95% | -8.95% | 20.57% |
MIGFX MFS Massachusetts Investors Growth Stock Fund | -1.78% | 9.97% | 27.25% | 24.13% | -19.20% | 26.06% | 22.55% | 39.89% | 0.81% | 28.68% |
Correlation
The correlation between SMGIX and MIGFX is 0.89, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.89 |
Correlation (3Y) Balances recent behavior with more history. | 0.92 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.93 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1993 | 0.90 |
The correlation between SMGIX and MIGFX has been stable across timeframes, ranging from 0.89 to 0.93 - a consistent structural relationship.
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Return for Risk
SMGIX vs. MIGFX — Risk / Return Rank
SMGIX
MIGFX
SMGIX vs. MIGFX - Risk-Adjusted Trends 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SMGIX | MIGFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.06 | ||
| Sortino ratioReturn per unit of downside risk | +1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.03 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.59 | 0.12 | +1.47 |
| Martin ratioReturn relative to average drawdown | 6.14 | 0.36 | +5.78 |
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Drawdowns
SMGIX vs. MIGFX - Drawdown Comparison
The maximum SMGIX drawdown since its inception was -50.62%, smaller than the maximum MIGFX drawdown of -61.83%. Use the drawdown chart below to compare losses from any high point for SMGIX and MIGFX.
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Drawdown Indicators
| SMGIX | MIGFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.62% | -61.83% | +11.21% |
Max Drawdown (1Y)Largest decline over 1 year | -9.99% | -13.77% | +3.78% |
Max Drawdown (3Y)Largest decline over 3 years | -19.92% | -18.68% | -1.24% |
Max Drawdown (5Y)Largest decline over 5 years | -32.20% | -26.67% | -5.53% |
Max Drawdown (10Y)Largest decline over 10 years | -32.45% | -32.42% | -0.03% |
Current DrawdownCurrent decline from peak | -1.98% | -3.82% | +1.84% |
Average DrawdownAverage peak-to-trough decline | -6.72% | -18.91% | +12.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 4.57% | -1.99% |
Volatility
SMGIX vs. MIGFX - Volatility Comparison
Columbia Contrarian Core Fund (SMGIX) has a higher volatility of 3.78% compared to MFS Massachusetts Investors Growth Stock Fund (MIGFX) at 3.24%. 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.
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Volatility by Period
| SMGIX | MIGFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.78% | 3.24% | +0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 10.46% | 10.75% | -0.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.38% | 13.39% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.11% | 17.63% | +1.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.98% | 18.20% | +0.78% |
SMGIX vs. MIGFX - Expense Ratio Comparison
SMGIX has a 0.75% expense ratio, which is higher than MIGFX's 0.70% expense ratio.
Dividends
SMGIX vs. MIGFX - Dividend Comparison
SMGIX's dividend yield for the trailing twelve months is around 6.80%, less than MIGFX's 10.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIGFX MFS Massachusetts Investors Growth Stock Fund | 10.79% | 11.39% | 17.15% | 4.11% | 4.49% | 10.47% | 7.43% | 7.39% | 10.76% | 6.87% | 5.12% | 6.51% |
SMGIX Columbia Contrarian Core Fund | 6.80% | 7.39% | 9.69% | 3.08% | 10.61% | 13.70% | 7.69% | 5.87% | 10.17% | 4.89% | 0.76% | 5.86% |
Frequently Asked Questions
SMGIX and MIGFX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMGIX has higher volatility (3.78%) compared to MIGFX (3.24%). In terms of maximum drawdown, SMGIX dropped -50.62% vs MIGFX's -61.83%.
SMGIX currently has the higher Sharpe Ratio (1.19 vs 0.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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