- ISIN
- US56063J1795
- CUSIP
- 56063J179
- Issuer
- New York Life
- Inception Date
- Jan 2, 2004
- Category
- S&P 500
- Min. Investment
- $15,000
- Index Tracked
- S&P 500 Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
MSXAX Performance Chart
NYLI S&P 500 Index Class A (MSXAX) is up 11.1% since the beginning of the year. MSXAX is currently trading at $81 per share. Investors who bought $1,000 worth of MSXAX shares 5 years ago would now be looking at an investment worth $1,879.
Loading charts...
Returns By Period
NYLI S&P 500 Index Class A (MSXAX) has returned 11.10% so far this year and 28.55% over the past 12 months.
NYLI S&P 500 Index Class A
- 1D
- 0.41%
- 1M
- 3.05%
- YTD
- 11.10%
- 6M
- 10.74%
- 1Y
- 28.55%
- 3Y*
- 22.07%
- 5Y*
- 13.44%
- 10Y*
- 15.00%
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- 0.25%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSXAX Monthly Returns History
Based on dividend-adjusted daily data since Dec 31, 2003, MSXAX's average daily return is +0.05%, while the average monthly return is +0.92%. At this rate, an investment would double in approximately 6.3 years.
Historically, 67% of months were positive and 33% were negative. The best month was Apr 2020 with a return of +12.8%, while the worst month was Oct 2008 at -16.8%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, MSXAX closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +11.7%, while the worst single day was Mar 16, 2020 at -12.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.41% | -0.80% | -5.01% | 10.44% | 5.21% | 0.07% | 11.10% | ||||||
| 2025 | 2.73% | -1.34% | -5.68% | -0.72% | 6.25% | 5.04% | 2.20% | 1.98% | 3.61% | 2.29% | 0.20% | 0.01% | 17.26% |
| 2024 | 1.34% | 5.29% | 3.17% | -4.11% | 4.92% | 3.53% | 1.17% | 2.39% | 2.08% | -0.95% | 5.83% | -2.44% | 23.98% |
| 2023 | 6.23% | -2.49% | 3.63% | 1.51% | 0.40% | 6.57% | 3.15% | -1.63% | -4.78% | -2.15% | 9.08% | 4.77% | 25.96% |
| 2022 | -5.20% | -3.03% | 3.67% | -8.77% | 0.14% | -8.28% | 9.16% | -4.11% | -9.23% | 8.03% | 5.54% | -5.81% | -18.52% |
| 2021 | -1.05% | 2.72% | 4.33% | 5.28% | 0.67% | 2.28% | 2.36% | 2.99% | -4.69% | 6.96% | -0.74% | 4.50% | 28.13% |
Benchmark Metrics
NYLI S&P 500 Index Class A has an annualized alpha of 0.67%, beta of 1.00, and R2 of 1.00 versus S&P 500 Index. Calculated based on daily prices since January 02, 2004.
- With beta of 1.00 and R2 of 1.00, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.67%
- Beta
- 1.00
- R²
- 1.00
- Upside Capture
- 101.80%
- Downside Capture
- 97.41%
Expense Ratio
MSXAX has an expense ratio of 0.52%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MSXAX ranks 69 for risk / return — better than 69% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for NYLI S&P 500 Index Class A (MSXAX) and compare them to S&P 500 Index.
| MSXAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.43 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.14 | — | — |
| Martin ratioReturn relative to average drawdown | 14.57 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
NYLI S&P 500 Index Class A provided a 0.95% dividend yield over the last twelve months, with an annual payout of $0.77 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.77 | $0.77 | $3.26 | $2.14 | $4.52 | $2.63 | $4.25 | $7.80 | $5.86 | $7.29 | $4.41 | $2.50 |
Dividend yield | 0.95% | 1.06% | 5.20% | 4.04% | 10.30% | 4.44% | 8.78% | 17.42% | 14.49% | 15.18% | 9.63% | 5.53% |
Monthly Dividends
The table displays the monthly dividend distributions for NYLI S&P 500 Index Class A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 | $0.77 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.26 | $3.26 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.14 | $2.14 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.52 | $4.52 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.63 | $2.63 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the NYLI S&P 500 Index Class A. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the NYLI S&P 500 Index Class A was 55.48%, occurring on Mar 9, 2009. Recovery took 888 trading sessions.
The current NYLI S&P 500 Index Class A drawdown is 0.32%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -55.48%Mar 2009 | 1y 5mo | 3y 6mo | 4y 11moOct 2007 - Sep 2012 |
COVID crash2020 | -33.79%Mar 2020 | 1mo 2d | 4mo 22d | 5mo 24dFeb 2020 - Aug 2020 |
Bear market2022 | -24.78%Oct 2022 | 9mo 11d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
Rate-hike selloffLate 2018 | -19.31%Dec 2018 | 3mo 4d | 3mo 19d | 6mo 23dSep 2018 - Apr 2019 |
2025 selloff2025 | -18.78%Apr 2025 | 1mo 17d | 2mo 19d | 4mo 6dFeb 2025 - Jun 2025 |
Drawdown Indicators
| MSXAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.48% | -9.10% | -46.38% |
Max Drawdown (1Y)Largest decline over 1 year | -8.97% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -18.78% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -24.78% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.79% | — | — |
Current DrawdownCurrent decline from peak | -0.32% | -2.97% | +2.65% |
Average DrawdownAverage peak-to-trough decline | -7.16% | -1.13% | -6.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with MSXAX
Add NYLI S&P 500 Index Class A to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with MSXAX