WOBDX vs. MDIJX

Last updated Jun 13, 2026

WOBDX (JPMorgan Core Bond Fund) and MDIJX (MFS International Diversification Fund) are both mutual funds - WOBDX is a Intermediate Core Bond fund managed by JPMorgan, while MDIJX is a Foreign Large Cap Equities fund managed by MFS. Over the past 10 years, WOBDX returned 1.88%/yr vs 10.04%/yr for MDIJX. At a correlation of -0.08, they often move in opposite directions. WOBDX charges 0.50%/yr vs 0.82%/yr for MDIJX.

Performance

WOBDX vs. MDIJX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Core Bond Fund (WOBDX) and MFS International Diversification Fund (MDIJX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WOBDX achieves a 0.55% return, which is significantly lower than MDIJX's 8.32% return. Over the past 10 years, WOBDX has underperformed MDIJX with an annualized return of 1.88%, while MDIJX has yielded a comparatively higher 10.04% annualized return.

WOBDX

• 1D: 0.59%
• 1M: 1.13%
• YTD: 0.55%
• 6M: 0.89%
• 1Y: 4.92%
• 3Y*: 4.28%
• 5Y*: 0.41%
• 10Y*: 1.88%

MDIJX

• 1D: 2.42%
• 1M: 2.35%
• YTD: 8.32%
• 6M: 9.86%
• 1Y: 19.85%
• 3Y*: 15.32%
• 5Y*: 6.69%
• 10Y*: 10.04%

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

WOBDX vs. MDIJX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WOBDX JPMorgan Core Bond Fund	0.55%	7.38%	1.97%	5.79%	-12.35%	-1.11%	8.13%	8.34%	0.20%	3.81%
MDIJX MFS International Diversification Fund	8.32%	27.84%	6.41%	14.37%	-17.12%	7.69%	15.26%	26.00%	-11.05%	30.29%

Correlation

The correlation between WOBDX and MDIJX is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.07
Correlation (All Time) Calculated using the full available price history since Sep 30, 2004	-0.08

The correlation between WOBDX and MDIJX shifts across timeframes, from -0.08 (all time) to 0.39 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

WOBDX vs. MDIJX — Risk / Return Rank

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

WOBDX

WOBDX Risk / Return Rank: 30
WOBDX Sharpe Ratio Rank: 32
WOBDX Sortino Ratio Rank: 34
WOBDX Omega Ratio Rank: 29
WOBDX Calmar Ratio Rank: 29
WOBDX Martin Ratio Rank: 24

MDIJX

MDIJX Risk / Return Rank: 36
MDIJX Sharpe Ratio Rank: 39
MDIJX Sortino Ratio Rank: 38
MDIJX Omega Ratio Rank: 40
MDIJX Calmar Ratio Rank: 30
MDIJX Martin Ratio Rank: 34

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.

WOBDX vs. MDIJX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Core Bond Fund (WOBDX) 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.

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.

	WOBDX	MDIJX	Difference
Sharpe ratio: Return per unit of total volatility	1.29	1.44	-0.14
Sortino ratio: Return per unit of downside risk	1.94	2.04	-0.09
Omega ratio: Gain probability vs. loss probability	1.23	1.27	-0.04
Calmar ratio: Return relative to maximum drawdown	1.65	1.66	0.00
Martin ratio: Return relative to average drawdown	4.73	6.21	-1.47

WOBDX vs. MDIJX - Sharpe Ratio Comparison

The current WOBDX Sharpe Ratio is 1.29, which is comparable to the MDIJX Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of WOBDX and MDIJX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WOBDX vs. MDIJX - Drawdown Comparison

The maximum WOBDX drawdown since its inception was -16.65%, smaller than the maximum MDIJX drawdown of -56.60%. Use the drawdown chart below to compare losses from any high point for WOBDX and MDIJX.

Drawdown Indicators

	WOBDX	MDIJX	Difference
Max Drawdown Largest peak-to-trough decline	-16.65%	-56.60%	+39.95%
Max Drawdown (1Y) Largest decline over 1 year	-2.99%	-11.40%	+8.41%
Max Drawdown (3Y) Largest decline over 3 years	-5.96%	-12.57%	+6.61%
Max Drawdown (5Y) Largest decline over 5 years	-16.65%	-30.19%	+13.54%
Max Drawdown (10Y) Largest decline over 10 years	-16.65%	-30.19%	+13.54%
Current Drawdown Current decline from peak	-1.51%	-1.76%	+0.25%
Average Drawdown Average peak-to-trough decline	-1.90%	-9.08%	+7.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.04%	3.04%	-2.00%

Volatility

WOBDX vs. MDIJX - Volatility Comparison

The current volatility for JPMorgan Core Bond Fund (WOBDX) is 1.27%, while MFS International Diversification Fund (MDIJX) has a volatility of 5.21%. This indicates that WOBDX experiences smaller price fluctuations and is considered to be less risky than MDIJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WOBDX	MDIJX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.27%	5.21%	-3.94%
Volatility (6M) Calculated over the trailing 6-month period	2.82%	11.03%	-8.21%
Volatility (1Y) Calculated over the trailing 1-year period	3.84%	13.16%	-9.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.70%	14.35%	-8.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.71%	14.73%	-10.02%

WOBDX vs. MDIJX - Expense Ratio Comparison

WOBDX has a 0.50% expense ratio, which is lower than MDIJX's 0.82% expense ratio.

Dividends

WOBDX vs. MDIJX - Dividend Comparison

WOBDX's dividend yield for the trailing twelve months is around 4.06%, less than MDIJX's 4.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MDIJX MFS International Diversification Fund	4.77%	5.17%	3.50%	4.14%	2.64%	2.70%	1.64%	2.50%	3.14%	1.63%	2.18%	1.69%
WOBDX JPMorgan Core Bond Fund	4.06%	3.97%	3.95%	3.51%	2.68%	2.82%	4.00%	3.23%	2.91%	2.88%	2.84%	2.54%

Frequently Asked Questions

Can I hold both WOBDX and MDIJX in my portfolio?

WOBDX and MDIJX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WOBDX or MDIJX?

MDIJX has higher volatility (5.21%) compared to WOBDX (1.27%). In terms of maximum drawdown, WOBDX dropped -16.65% vs MDIJX's -56.60%.

Which has better risk-adjusted returns?

MDIJX currently has the higher Sharpe Ratio (1.44 vs 1.29), 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.