MFSV – Fund Analysis – MFS Active Value ETF | Morningstar

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Will MFSV outperform in the future?

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MFSV’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the MFSV management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of MFSV’s parent organization’s priorities and whether they’re in line with investors’ interests.

Upcoming manager changes put this strategy under review.

Analyst David Carey

David Carey

Analyst

Summary

Upcoming changes to MFS Active Value ETF's management team move the strategy's Morningstar Medalist Rating to Under Review. MFS announced on Oct. 15, 2026, that effective Nov. 1, 2026, comanager Katie Cannan will leave the firm. In a corresponding move, Steve Gorham will join Tom Crowley as comanager upon Cannan’s departure.

by David Carey

Rated on Oct 16, 2026 Published on Oct 16, 2026

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