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TNHIX vs. MTCIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TNHIX and MTCIX is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.4

Performance

TNHIX vs. MTCIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 1290 High Yield Bond Fund (TNHIX) and MFS Technology Fund (MTCIX). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%250.00%NovemberDecember2025FebruaryMarchApril
55.95%
159.05%
TNHIX
MTCIX

Key characteristics

Sharpe Ratio

TNHIX:

2.51

MTCIX:

-0.12

Sortino Ratio

TNHIX:

3.44

MTCIX:

0.03

Omega Ratio

TNHIX:

1.57

MTCIX:

1.01

Calmar Ratio

TNHIX:

2.26

MTCIX:

-0.11

Martin Ratio

TNHIX:

11.60

MTCIX:

-0.31

Ulcer Index

TNHIX:

0.71%

MTCIX:

12.20%

Daily Std Dev

TNHIX:

3.30%

MTCIX:

30.28%

Max Drawdown

TNHIX:

-17.11%

MTCIX:

-81.20%

Current Drawdown

TNHIX:

-0.83%

MTCIX:

-26.01%

Returns By Period

In the year-to-date period, TNHIX achieves a 0.92% return, which is significantly higher than MTCIX's -11.53% return. Over the past 10 years, TNHIX has underperformed MTCIX with an annualized return of 4.42%, while MTCIX has yielded a comparatively higher 9.32% annualized return.


TNHIX

YTD

0.92%

1M

-0.25%

6M

1.41%

1Y

8.66%

5Y*

6.00%

10Y*

4.42%

MTCIX

YTD

-11.53%

1M

-3.82%

6M

-17.83%

1Y

-2.61%

5Y*

4.52%

10Y*

9.32%

*Annualized

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TNHIX vs. MTCIX - Expense Ratio Comparison

TNHIX has a 1.18% expense ratio, which is higher than MTCIX's 0.88% expense ratio.


Expense ratio chart for TNHIX: current value is 1.18%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
TNHIX: 1.18%
Expense ratio chart for MTCIX: current value is 0.88%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
MTCIX: 0.88%

Risk-Adjusted Performance

TNHIX vs. MTCIX — Risk-Adjusted Performance Rank

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

TNHIX
The Risk-Adjusted Performance Rank of TNHIX is 9494
Overall Rank
The Sharpe Ratio Rank of TNHIX is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of TNHIX is 9494
Sortino Ratio Rank
The Omega Ratio Rank of TNHIX is 9494
Omega Ratio Rank
The Calmar Ratio Rank of TNHIX is 9494
Calmar Ratio Rank
The Martin Ratio Rank of TNHIX is 9494
Martin Ratio Rank

MTCIX
The Risk-Adjusted Performance Rank of MTCIX is 1616
Overall Rank
The Sharpe Ratio Rank of MTCIX is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of MTCIX is 1818
Sortino Ratio Rank
The Omega Ratio Rank of MTCIX is 1919
Omega Ratio Rank
The Calmar Ratio Rank of MTCIX is 1414
Calmar Ratio Rank
The Martin Ratio Rank of MTCIX is 1616
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TNHIX vs. MTCIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for 1290 High Yield Bond Fund (TNHIX) and MFS Technology Fund (MTCIX). 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.


The chart of Sharpe ratio for TNHIX, currently valued at 2.51, compared to the broader market-1.000.001.002.003.00
TNHIX: 2.51
MTCIX: -0.12
The chart of Sortino ratio for TNHIX, currently valued at 3.44, compared to the broader market-2.000.002.004.006.008.00
TNHIX: 3.44
MTCIX: 0.03
The chart of Omega ratio for TNHIX, currently valued at 1.57, compared to the broader market0.501.001.502.002.503.00
TNHIX: 1.57
MTCIX: 1.01
The chart of Calmar ratio for TNHIX, currently valued at 2.26, compared to the broader market0.002.004.006.008.0010.00
TNHIX: 2.26
MTCIX: -0.11
The chart of Martin ratio for TNHIX, currently valued at 11.60, compared to the broader market0.0010.0020.0030.0040.0050.00
TNHIX: 11.60
MTCIX: -0.31

The current TNHIX Sharpe Ratio is 2.51, which is higher than the MTCIX Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of TNHIX and MTCIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.005.00NovemberDecember2025FebruaryMarchApril
2.51
-0.12
TNHIX
MTCIX

Dividends

TNHIX vs. MTCIX - Dividend Comparison

TNHIX's dividend yield for the trailing twelve months is around 6.43%, while MTCIX has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
TNHIX
1290 High Yield Bond Fund
6.43%6.36%6.01%5.89%4.77%5.19%5.51%5.84%5.47%6.40%7.85%0.93%
MTCIX
MFS Technology Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%3.62%3.31%

Drawdowns

TNHIX vs. MTCIX - Drawdown Comparison

The maximum TNHIX drawdown since its inception was -17.11%, smaller than the maximum MTCIX drawdown of -81.20%. Use the drawdown chart below to compare losses from any high point for TNHIX and MTCIX. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-0.83%
-26.01%
TNHIX
MTCIX

Volatility

TNHIX vs. MTCIX - Volatility Comparison

The current volatility for 1290 High Yield Bond Fund (TNHIX) is 2.16%, while MFS Technology Fund (MTCIX) has a volatility of 17.58%. This indicates that TNHIX experiences smaller price fluctuations and is considered to be less risky than MTCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
2.16%
17.58%
TNHIX
MTCIX