CSHZX vs. MLXIX

Last updated Jul 11, 2026

CSHZX (MainStay Cushing MLP Premier Fund) and MLXIX (Catalyst Energy Infrastructure Fund) are both Energy Equities funds. Over the past 10 years, CSHZX returned 10.21%/yr vs 11.22%/yr for MLXIX. Their correlation of 0.94 suggests significant overlap in exposure. CSHZX charges 1.20%/yr vs 1.43%/yr for MLXIX.

Performance

CSHZX vs. MLXIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MainStay Cushing MLP Premier Fund (CSHZX) and Catalyst Energy Infrastructure Fund (MLXIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSHZX achieves a 26.80% return, which is significantly lower than MLXIX's 33.17% return. Over the past 10 years, CSHZX has underperformed MLXIX with an annualized return of 10.21%, while MLXIX has yielded a comparatively higher 11.22% annualized return.

CSHZX

• 1D: -0.71%
• 1M: 1.25%
• 6M: 27.36%
• YTD: 26.80%
• 1Y: 28.59%
• 3Y*: 27.11%
• 5Y*: 22.02%
• 10Y*: 10.21%

MLXIX

• 1D: -0.63%
• 1M: 0.41%
• 6M: 34.05%
• YTD: 33.17%
• 1Y: 18.67%
• 3Y*: 22.86%
• 5Y*: 20.44%
• 10Y*: 11.22%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CSHZX vs. MLXIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CSHZX MainStay Cushing MLP Premier Fund	26.80%	3.69%	41.96%	15.20%	24.20%	38.80%	-28.06%	12.37%	-12.72%	-8.10%
MLXIX Catalyst Energy Infrastructure Fund	33.17%	-8.56%	45.26%	15.34%	27.02%	42.04%	-20.02%	12.05%	-18.48%	-13.83%

Correlation

The correlation between CSHZX and MLXIX is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Dec 24, 2014	0.94

The correlation between CSHZX and MLXIX has been stable across timeframes, ranging from 0.88 to 0.95 - a consistent structural relationship.

Return for Risk

CSHZX vs. MLXIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CSHZX

CSHZX Risk / Return Rank: 74
CSHZX Sharpe Ratio Rank: 76
CSHZX Sortino Ratio Rank: 73
CSHZX Omega Ratio Rank: 65
CSHZX Calmar Ratio Rank: 94
CSHZX Martin Ratio Rank: 64

MLXIX

MLXIX Risk / Return Rank: 23
MLXIX Sharpe Ratio Rank: 26
MLXIX Sortino Ratio Rank: 25
MLXIX Omega Ratio Rank: 23
MLXIX Calmar Ratio Rank: 26
MLXIX Martin Ratio Rank: 14

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CSHZX vs. MLXIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MainStay Cushing MLP Premier Fund (CSHZX) and Catalyst Energy Infrastructure Fund (MLXIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CSHZX	MLXIX	Difference
Sharpe ratio: Return per unit of total volatility	1.96	1.09	+0.86
Sortino ratio: Return per unit of downside risk	2.72	1.58	+1.14
Omega ratio: Gain probability vs. loss probability	1.33	1.19	+0.14
Calmar ratio: Return relative to maximum drawdown	4.25	1.45	+2.80
Martin ratio: Return relative to average drawdown	9.73	2.75	+6.98

CSHZX vs. MLXIX - Sharpe Ratio Comparison

The current CSHZX Sharpe Ratio is 1.96, which is higher than the MLXIX Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of CSHZX and MLXIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CSHZX vs. MLXIX - Drawdown Comparison

The maximum CSHZX drawdown since its inception was -76.00%, roughly equal to the maximum MLXIX drawdown of -76.78%. Use the drawdown chart below to compare losses from any high point for CSHZX and MLXIX.

Drawdown Indicators

	CSHZX	MLXIX	Difference
Max Drawdown Largest peak-to-trough decline	-76.00%	-76.78%	+0.78%
Max Drawdown (1Y) Largest decline over 1 year	-6.89%	-15.44%	+8.55%
Max Drawdown (3Y) Largest decline over 3 years	-18.32%	-22.14%	+3.82%
Max Drawdown (5Y) Largest decline over 5 years	-19.90%	-22.14%	+2.24%
Max Drawdown (10Y) Largest decline over 10 years	-70.12%	-72.63%	+2.51%
Current Drawdown Current decline from peak	-2.55%	-4.54%	+1.99%
Average Drawdown Average peak-to-trough decline	-18.63%	-23.05%	+4.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	8.11%	-5.11%

Volatility

CSHZX vs. MLXIX - Volatility Comparison

The current volatility for MainStay Cushing MLP Premier Fund (CSHZX) is 5.23%, while Catalyst Energy Infrastructure Fund (MLXIX) has a volatility of 7.33%. This indicates that CSHZX experiences smaller price fluctuations and is considered to be less risky than MLXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSHZX	MLXIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.23%	7.33%	-2.10%
Volatility (6M) Calculated over the trailing 6-month period	11.63%	16.81%	-5.18%
Volatility (1Y) Calculated over the trailing 1-year period	14.98%	20.44%	-5.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.03%	22.53%	-2.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.22%	28.08%	-1.86%

CSHZX vs. MLXIX - Expense Ratio Comparison

CSHZX has a 1.20% expense ratio, which is lower than MLXIX's 1.43% expense ratio.

Dividends

CSHZX vs. MLXIX - Dividend Comparison

CSHZX's dividend yield for the trailing twelve months is around 9.45%, more than MLXIX's 6.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSHZX MainStay Cushing MLP Premier Fund	9.45%	11.65%	6.16%	8.16%	8.77%	11.69%	14.40%	8.96%	13.78%	10.72%	10.40%	9.96%
MLXIX Catalyst Energy Infrastructure Fund	6.73%	8.26%	5.02%	6.67%	7.15%	8.26%	14.52%	15.93%	15.62%	11.37%	8.76%	11.47%

Frequently Asked Questions

Can I hold both CSHZX and MLXIX in my portfolio?

CSHZX and MLXIX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSHZX or MLXIX?

MLXIX has higher volatility (7.33%) compared to CSHZX (5.23%). In terms of maximum drawdown, CSHZX dropped -76.00% vs MLXIX's -76.78%.

Which has better risk-adjusted returns?

CSHZX currently has the higher Sharpe Ratio (1.96 vs 1.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.