MMT vs GVIP

Comparison between MFS Multimarket Income Trust (MMT, ETF) and GOLDMAN SACHS HEDGE INDUSTRY VIP ETF (GVIP, ETF).

5-Year PerformanceGVIP has outperformed MMT, delivering a return of +11.0% compared to +1.5%

MMT vs GVIP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MMT(ETF)	GVIP(ETF)
Net Assets	$554M	$552M
Expense Ratio	N/A	0.45%
Max Drawdown	47.46%	37.10%
Sharpe Ratio	-0.03	0.85
5Y Beta	0.21	1.24
P/E Ratio	N/A	79.78
Forward P/E	N/A	25.95
PEG Ratio	N/A	1.14
5Y Dividends CAGR	-3.84%	48.90%
5Y EPS CAGR	N/A	22.95%
P/S Ratio	N/A	4.16
P/B Ratio	N/A	6.86

Net Assets

Winner

MMT

$554M

GVIP

$552M

Expense Ratio

MMT

N/A

GVIP

0.45%

Max Drawdown

MMT

47.46%

Winner

GVIP

37.10%

Sharpe Ratio

MMT

-0.03

Winner

GVIP

0.85

5Y Beta

Winner

MMT

0.21

GVIP

1.24

P/E Ratio

MMT

N/A

GVIP

79.78

Forward P/E

MMT

N/A

GVIP

25.95

PEG Ratio

MMT

N/A

GVIP

1.14

5Y Dividends CAGR

MMT

-3.84%

Winner

GVIP

48.90%

5Y EPS CAGR

MMT

N/A

GVIP

22.95%

P/S Ratio

MMT

N/A

GVIP

4.16

P/B Ratio

MMT

N/A

GVIP

6.86

MMT vs GVIP - Historical Returns

Returns include dividend reinvestment.

Period	MMT	GVIP
1 month	+2.77%	+0.43%
3 months	+0.76%	-1.56%
6 months	-1.17%	+9.04%
1 year	+2.28%	+21.38%
5 years(CAGR)	+1.52%	+11.05%
10 years(CAGR)	+5.41%	+16.66%
Max(CAGR)	+7.16%	+16.66%

Winner

MMT

+2.77%

GVIP

+0.43%

Winner

MMT

+0.76%

GVIP

-1.56%

MMT

-1.17%

Winner

GVIP

+9.04%

MMT

+2.28%

Winner

GVIP

+21.38%

5Y(CAGR)

MMT

+1.52%

Winner

GVIP

+11.05%

10Y(CAGR)

MMT

+5.41%

Winner

GVIP

+16.66%

Max(CAGR)

MMT

+7.16%

Winner

GVIP

+16.66%

MMT vs GVIP - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MMT	GVIP
2026	+1.11%	+9.81%
2025	+8.77%	+24.18%
2024	+11.92%	+31.42%
2023	+8.43%	+40.11%
2022	-23.19%	-32.35%
2021	+12.74%	+13.57%
2020	+7.95%	+42.47%
2019	+27.56%	+29.65%
2018	-8.90%	-8.03%
2017	+8.94%	+24.67%
2016	+21.48%	+7.97%
2015	-7.81%	N/A
2014	+6.24%	N/A
2013	-1.77%	N/A
2012	+14.21%	N/A
2011	+4.59%	N/A
2010	+15.86%	N/A
2009	+40.61%	N/A
2008	-10.52%	N/A
2007	+1.88%	N/A
2006	+7.10%	N/A
2005	+0.99%	N/A
2004	+6.72%	N/A
2003	+14.85%	N/A
2002	+5.64%	N/A
2001	+2.57%	N/A
2000	+22.97%	N/A
1999	-6.76%	N/A

MMT vs GVIP Drawdown Comparison

The maximum drawdown for MMT was -35.71%, occurring on Mar 18, 2020. Recovery took 154 trading sessions.

The maximum drawdown for GVIP was -37.09%, occurring on Oct 14, 2022. Recovery took 573 trading sessions.

The current MMT drawdown is -2.75%. The current GVIP drawdown is -10.54%.

Rank	MMT	GVIP
#1	-35.71% Jan 23, 2020 - Sep 1, 2020	-37.09% Nov 16, 2021 - Feb 29, 2024
#2	-32.27% Dec 17, 2021 - Sep 3, 2025	-36.63% Feb 19, 2020 - Jul 20, 2020
#3	-31.74% May 9, 2008 - Apr 29, 2009	-23.29% Feb 14, 2025 - Jun 26, 2025
#4	-16.73% May 1, 2013 - Jun 1, 2015	-21.47% Sep 20, 2018 - Apr 10, 2019
#5	-14.72% Jul 17, 2001 - Apr 24, 2002	-16.36% Jun 22, 2026 - Jul 29, 2026
#6	-13.23% Jun 1, 2015 - May 25, 2016	-13.67% Feb 2, 2026 - Apr 14, 2026
#7	-11.47% Mar 17, 2004 - Sep 15, 2004	-10.25% Jul 16, 2024 - Aug 19, 2024
#8	-11.27% Jul 11, 2011 - Dec 5, 2011	-9.91% Apr 30, 2019 - Jul 26, 2019
#9	-10.50% Jan 2, 2018 - Jan 30, 2019	-9.66% Jan 26, 2018 - Mar 12, 2018
#10	-8.72% Jun 6, 2002 - Jan 9, 2003	-9.55% Jul 26, 2019 - Nov 18, 2019
#11	-8.52% May 3, 2010 - Jul 16, 2010	-9.08% Mar 12, 2018 - Jun 18, 2018
#12	-7.69% Sep 8, 2016 - Jan 10, 2017	-8.76% Sep 2, 2020 - Oct 13, 2020
#13	-7.68% Nov 2, 1999 - Feb 3, 2000	-7.59% Oct 13, 2020 - Nov 5, 2020
#14	-7.62% Aug 22, 2000 - Dec 18, 2000	-7.24% Oct 29, 2025 - Dec 10, 2025
#15	-7.62% Sep 27, 2005 - Oct 4, 2006	-7.10% Feb 16, 2021 - Apr 9, 2021

Correlation

Correlation between MMT and GVIP is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (1999 - 2026)

MMT vs GVIP dividend yield comparison.

Year	MMT	GVIP
2026	6.35%	0.00%
2025	8.65%	0.34%
2024	8.65%	0.29%
2023	8.65%	0.77%
2022	9.38%	0.02%
2021	7.86%	0.00%
2020	8.07%	0.12%
2019	8.16%	0.77%
2018	9.86%	0.44%
2017	8.82%	0.45%
2016	8.71%	0.08%
2015	9.05%	0.00%
2014	7.76%	0.00%
2013	8.89%	0.00%
2012	6.77%	0.00%
2011	7.91%	0.00%
2010	8.70%	0.00%
2009	7.35%	0.00%
2008	8.86%	0.00%
2007	6.45%	0.00%
2006	6.11%	0.00%
2005	6.45%	0.00%
2004	6.19%	0.00%
2003	6.33%	0.00%
2002	7.06%	0.00%
2001	8.76%	0.00%
2000	9.66%	0.00%
1999	1.82%	0.00%