SSGVX vs. MDIJX
Compare and contrast key facts about State Street Global All Cap Equity ex-U.S.Index Portfolio (SSGVX) and MFS International Diversification Fund (MDIJX).
SSGVX is managed by State Street Global Advisors. It was launched on Sep 17, 2014. MDIJX is managed by MFS. It was launched on Sep 30, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSGVX or MDIJX.
Key characteristics
| SSGVX | MDIJX | |
|---|---|---|
| YTD Return | 9.70% | 11.89% |
| 1Y Return | 17.26% | 18.10% |
| 3Y Return (Ann) | 1.76% | 1.99% |
| 5Y Return (Ann) | 6.03% | 7.47% |
| 10Y Return (Ann) | 3.34% | 6.50% |
| Sharpe Ratio | 1.39 | 1.54 |
| Daily Std Dev | 12.01% | 11.35% |
| Max Drawdown | -39.14% | -54.94% |
| Current Drawdown | -1.02% | -0.52% |
Correlation
The correlation between SSGVX and MDIJX is 0.91, 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
SSGVX vs. MDIJX - Performance Comparison
In the year-to-date period, SSGVX achieves a 9.70% return, which is significantly lower than MDIJX's 11.89% return. Over the past 10 years, SSGVX has underperformed MDIJX with an annualized return of 3.34%, while MDIJX has yielded a comparatively higher 6.50% 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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SSGVX vs. MDIJX - Expense Ratio Comparison
SSGVX has a 0.05% expense ratio, which is lower than MDIJX's 0.82% expense ratio.
Risk-Adjusted Performance
SSGVX vs. MDIJX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Global All Cap Equity ex-U.S.Index Portfolio (SSGVX) and MFS International Diversification Fund (MDIJX). 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
SSGVX vs. MDIJX - Dividend Comparison
SSGVX's dividend yield for the trailing twelve months is around 2.70%, less than MDIJX's 3.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSGVX State Street Global All Cap Equity ex-U.S.Index Portfolio | 2.70% | 2.96% | 2.35% | 2.58% | 1.66% | 0.30% | 0.30% | 0.28% | 0.16% | 0.22% | 0.64% | 0.00% |
MDIJX MFS International Diversification Fund | 3.70% | 4.14% | 2.64% | 2.70% | 1.64% | 2.50% | 3.14% | 1.63% | 2.18% | 1.69% | 1.48% | 1.06% |
Drawdowns
SSGVX vs. MDIJX - Drawdown Comparison
The maximum SSGVX drawdown since its inception was -39.14%, smaller than the maximum MDIJX drawdown of -54.94%. Use the drawdown chart below to compare losses from any high point for SSGVX and MDIJX. For additional features, visit the drawdowns tool.
Volatility
SSGVX vs. MDIJX - Volatility Comparison
State Street Global All Cap Equity ex-U.S.Index Portfolio (SSGVX) and MFS International Diversification Fund (MDIJX) have volatilities of 3.33% and 3.26%, 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.