NYLI S&P 500 Index Class A (MSXAX) belongs to the S&P 500 category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MSXAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MSXAX
MSXAX charges 0.52% annually. There are 27 mutual funds in the S&P 500 category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares S&P 500 Index Fund Class G | 0.01% | — | Jul 2019 | MSXAX vs BSPGX | |
| State Street Equity 500 Index Fund Class K | 0.02% | — | Sep 2014 | MSXAX vs SSSYX | |
| Vanguard Institutional Index Fund Institutional Pl... | 0.02% | 355.20B | Jul 1997 | MSXAX vs VIIIX | |
| Schwab S&P 500 Index Fund | 0.02% | 143.85B | May 1997 | MSXAX vs SWPPX | |
| Fidelity 500 Index Fund | 0.02% | — | Feb 1988 | MSXAX vs FXAIX |
Best Risk-Adjusted Alternatives to MSXAX
MSXAX has a PortfoliosLab risk / return rank of 62. There are 24 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 65.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Institutional Investments Trust S&P 500 Index ... | 65 | — | Dec 2013 | MSXAX vs SPINX | |
| Fidelity 500 Index Fund | 65 | — | Feb 1988 | MSXAX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 65 | 355.20B | Jul 1997 | MSXAX vs VIIIX | |
| Vanguard Institutional Index Fund Institutional Sh... | 65 | 355.20B | Jul 1990 | MSXAX vs VINIX | |
| State Street Equity 500 Index Fund Class K | 65 | — | Sep 2014 | MSXAX vs SSSYX |
Top Performing MSXAX Alternatives (YTD)
MSXAX is at 9.53% YTD. There are 26 mutual funds in the S&P 500 category with higher YTD returns, going as high as 13.76%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly S&P 500 Bull 1.75X Fund | 13.76% | — | May 2006 | MSXAX vs DXSLX | |
| Invesco Equally-Weighted S&P 500 Fund | 10.27% | — | Jul 1997 | MSXAX vs VADDX | |
| Victory 500 Index Fund | 10.00% | — | May 2002 | MSXAX vs USPRX | |
| Fidelity 500 Index Fund | 9.79% | — | Feb 1988 | MSXAX vs FXAIX | |
| State Street Equity 500 Index Fund Class K | 9.78% | — | Sep 2014 | MSXAX vs SSSYX |
Lowest Volatility Alternatives to MSXAX
MSXAX has 12.51% 1-year volatility. There are 23 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 9.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 9.33% | 236.88M | Feb 2016 | MSXAX vs PUTW | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 10.86% | — | Sep 2017 | MSXAX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 11.93% | — | Jul 1997 | MSXAX vs VADDX | |
| Shelton Capital Management S&P 500 Index Fund | 12.45% | — | Apr 1992 | MSXAX vs SPFIX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | 12.45% | — | Nov 2005 | MSXAX vs SPXX |
Lowest Drawdown Alternatives to MSXAX
MSXAX has a 1-year max drawdown of -8.97%. There are 26 mutual funds in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -7.15%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | -7.15% | 236.88M | Feb 2016 | MSXAX vs PUTW | |
| Invesco Equally-Weighted S&P 500 Fund | -7.88% | — | Jul 1997 | MSXAX vs VADDX | |
| State Street Equity 500 Index Fund Class K | -8.88% | — | Sep 2014 | MSXAX vs SSSYX | |
| Schwab S&P 500 Index Fund | -8.89% | 143.85B | May 1997 | MSXAX vs SWPPX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | MSXAX vs FXAIX |
Other Mutual Funds from New York Life
The 10 most viewed New York Life mutual funds shown here include MLAAX, MHCAX, MSPIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MainStay Winslow Large Cap Growth Fund | Large Cap Growth Equities | 10 | 5.23% | — | Jul 1995 | MSXAX vs MLAAX | |
| MainStay MacKay High Yield Corporate Bond Fund Cla... | High Yield Bonds | 80 | 1.40% | — | May 1986 | MSXAX vs MHCAX | |
| MainStay S&P 500 Index Fund | Large Cap Blend Equities | 64 | 9.65% | — | Jan 1991 | MSXAX vs MSPIX | |
| MainStay Epoch Global Equity Yield Fund | Global Equities | 92 | 18.65% | — | Dec 2005 | MSXAX vs EPSYX | |
| MainStay MacKay Short Term Municipal Fund | Municipal Bonds | 78 | 0.99% | — | Jan 1991 | MSXAX vs MSTIX | |
| MainStay CBRE Real Estate Fund | REIT | 19 | 15.19% | — | Dec 1996 | MSXAX vs CRARX | |
| MainStay WMC Growth Fund | Large Cap Growth Equities | 12 | 1.11% | — | Aug 2006 | MSXAX vs KLGAX | |
| MainStay Epoch U.S. Equity Yield Fund | Large Cap Value Equities | 85 | 14.23% | — | Dec 2008 | MSXAX vs EPLCX | |
| MainStay Floating Rate Fund | Bank Loan | 62 | 0.75% | — | May 2004 | MSXAX vs MXFIX | |
| MainStay Moderate Allocation Fund | Diversified Portfolio | 62 | 7.95% | — | Apr 2005 | MSXAX vs MMRIX |
Often Compared With MSXAX
Investors most often compare MSXAX with VOO, IQHI, VVIAX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare MSXAX with Any Fund or Stock
Compare MSXAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MSXAX with funds that move differently
NYLI S&P 500 Index Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MSXAX.
Explore MSXAX Diversifiers