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MainStay WMC International Research Equity Fund (MYIIX) Sharpe Ratio: 2.71

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

Under normal circumstances, the fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in equity securities of foreign companies, including securities of emerging market country issuers. It may invest in securities of foreign issuers in the form of depositary receipts or other securities that are convertible into securities of foreign issuers. The fund will invest in small, mid, and large capitalization companies.

MYIIX's Sharpe Ratio of 2.71 indicates that for each unit of volatility, it generates 2.71 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 24, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

MYIIX Sharpe Ratio Rank

MYIIX Sharpe Ratio Rank: 88.989
Exceptional

MYIIX ranks above 88.9% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

MYIIX Sharpe Ratio Market Positioning

The chart shows MYIIX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.30 or lower
  • Yellow zone (middle 50%): 1.30 to 2.33
  • Green zone (top 25%): 2.33 or higher
  • Top 1%: 4.28+
  • Median: 1.93 — half of all investments score higher

How it compares to other similar mutual funds

The table compares MainStay WMC International Research Equity Fund's Sharpe Ratio with other mutual funds in the Foreign Large Cap Equities category across multiple time periods, showing how MYIIX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 24, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
SWRLXTouchstone International Equity Fund3.64
TIVFXAmerican Beacon Tocqueville International Value Fund3.49
DCINXDunham International Stock Fund3.22
THOIXThornburg Global Opportunities Fund3.11
EISIXCarillon ClariVest International Stock Fund3.11
DFWVXDFA World ex U.S. Value Portfolio Fund3.00
SIDNXHartford Schroders International Multi-Cap Value Fund3.00
GTMIXGMO Tax-Managed International Equities Fund3.00
SAHMXSA International Value Fund2.99
GIOTXGMO International Developed Equity Allocation Fund2.86
MYIIXMainStay WMC International Research Equity Fund2.71

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows MYIIX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when MYIIX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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How does MYIIX fit in your portfolio?

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