See what your fund actually adds
MFS Active Intermediate Muni Bond ETF MFSM
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | MFSM | Replication |
|---|---|---|
| Annualized growth | 0.3% | -0.4% |
| Annualized volatility | 4.5% | 4.4% |
| Sharpe ratio | 0.09 | -0.06 |
| Maximum drawdown | 5.6% | 5.1% |
| Replication fit (R²) | 0.99 · Tracking error 0.5% | |
Replication portfolio
The published portfolio below is the investable basket used to model MFSM’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| MUB | FI · Municipal | 92.8% |
| VCSH | FI · Short Corp | 4.1% |
| SPHY | FI · High Yield | 3.2% |