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EPSYX vs. MSTIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

EPSYX vs. MSTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MainStay Epoch Global Equity Yield Fund (EPSYX) and MainStay MacKay Short Term Municipal Fund (MSTIX). The values are adjusted to include any dividend payments, if applicable.

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EPSYX vs. MSTIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EPSYX
MainStay Epoch Global Equity Yield Fund
2.83%22.09%15.38%12.50%-5.37%17.40%-1.38%23.19%-9.23%16.31%
MSTIX
MainStay MacKay Short Term Municipal Fund
-0.03%4.69%2.41%3.70%-3.33%0.43%2.55%2.53%1.81%1.29%

Returns By Period

In the year-to-date period, EPSYX achieves a 2.83% return, which is significantly higher than MSTIX's -0.03% return. Over the past 10 years, EPSYX has outperformed MSTIX with an annualized return of 9.00%, while MSTIX has yielded a comparatively lower 1.56% annualized return.


EPSYX

1D
-0.16%
1M
-6.89%
YTD
2.83%
6M
6.24%
1Y
21.15%
3Y*
16.67%
5Y*
11.04%
10Y*
9.00%

MSTIX

1D
0.00%
1M
-1.38%
YTD
-0.03%
6M
0.59%
1Y
3.55%
3Y*
3.14%
5Y*
1.53%
10Y*
1.56%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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EPSYX vs. MSTIX - Expense Ratio Comparison

EPSYX has a 0.84% expense ratio, which is higher than MSTIX's 0.40% expense ratio.


Return for Risk

EPSYX vs. MSTIX — Risk / Return Rank

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

EPSYX
EPSYX Risk / Return Rank: 8383
Overall Rank
EPSYX Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
EPSYX Sortino Ratio Rank: 8383
Sortino Ratio Rank
EPSYX Omega Ratio Rank: 8383
Omega Ratio Rank
EPSYX Calmar Ratio Rank: 8080
Calmar Ratio Rank
EPSYX Martin Ratio Rank: 8686
Martin Ratio Rank

MSTIX
MSTIX Risk / Return Rank: 9191
Overall Rank
MSTIX Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
MSTIX Sortino Ratio Rank: 9494
Sortino Ratio Rank
MSTIX Omega Ratio Rank: 9797
Omega Ratio Rank
MSTIX Calmar Ratio Rank: 8585
Calmar Ratio Rank
MSTIX Martin Ratio Rank: 8585
Martin Ratio Rank
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.

EPSYX vs. MSTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MainStay Epoch Global Equity Yield Fund (EPSYX) and MainStay MacKay Short Term Municipal Fund (MSTIX). 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.


EPSYXMSTIXDifference

Sharpe ratio

Return per unit of total volatility

1.59

1.97

-0.39

Sortino ratio

Return per unit of downside risk

2.14

2.91

-0.77

Omega ratio

Gain probability vs. loss probability

1.33

1.67

-0.34

Calmar ratio

Return relative to maximum drawdown

1.90

2.18

-0.27

Martin ratio

Return relative to average drawdown

8.96

8.70

+0.26

EPSYX vs. MSTIX - Sharpe Ratio Comparison

The current EPSYX Sharpe Ratio is 1.59, which is comparable to the MSTIX Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of EPSYX and MSTIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


EPSYXMSTIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.59

1.97

-0.39

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.86

0.85

0.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.61

1.01

-0.40

Sharpe Ratio (All Time)

Calculated using the full available price history

0.49

1.57

-1.08

Correlation

The correlation between EPSYX and MSTIX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

EPSYX vs. MSTIX - Dividend Comparison

EPSYX's dividend yield for the trailing twelve months is around 7.16%, more than MSTIX's 3.07% yield.


TTM20252024202320222021202020192018201720162015
EPSYX
MainStay Epoch Global Equity Yield Fund
7.16%8.24%10.13%2.71%2.64%2.66%2.74%6.87%9.87%2.24%3.18%9.65%
MSTIX
MainStay MacKay Short Term Municipal Fund
3.07%3.38%3.14%2.85%1.38%0.85%1.37%1.76%1.48%1.28%0.87%0.82%

Drawdowns

EPSYX vs. MSTIX - Drawdown Comparison

The maximum EPSYX drawdown since its inception was -48.92%, which is greater than MSTIX's maximum drawdown of -8.99%. Use the drawdown chart below to compare losses from any high point for EPSYX and MSTIX.


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Drawdown Indicators


EPSYXMSTIXDifference

Max Drawdown

Largest peak-to-trough decline

-48.92%

-8.99%

-39.93%

Max Drawdown (1Y)

Largest decline over 1 year

-10.78%

-1.83%

-8.95%

Max Drawdown (5Y)

Largest decline over 5 years

-18.92%

-5.62%

-13.30%

Max Drawdown (10Y)

Largest decline over 10 years

-36.35%

-5.62%

-30.73%

Current Drawdown

Current decline from peak

-6.89%

-1.38%

-5.51%

Average Drawdown

Average peak-to-trough decline

-6.96%

-0.54%

-6.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.29%

0.46%

+1.83%

Volatility

EPSYX vs. MSTIX - Volatility Comparison

MainStay Epoch Global Equity Yield Fund (EPSYX) has a higher volatility of 3.84% compared to MainStay MacKay Short Term Municipal Fund (MSTIX) at 0.50%. This indicates that EPSYX's price experiences larger fluctuations and is considered to be riskier than MSTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


EPSYXMSTIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.84%

0.50%

+3.34%

Volatility (6M)

Calculated over the trailing 6-month period

7.60%

0.99%

+6.61%

Volatility (1Y)

Calculated over the trailing 1-year period

13.88%

2.09%

+11.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.98%

1.80%

+11.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.84%

1.55%

+13.29%