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FTCHX vs. MLAAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FTCHX and MLAAX is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

FTCHX vs. MLAAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Technology Fund (FTCHX) and MainStay Winslow Large Cap Growth Fund (MLAAX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FTCHX:

0.48

MLAAX:

0.72

Sortino Ratio

FTCHX:

0.72

MLAAX:

0.99

Omega Ratio

FTCHX:

1.10

MLAAX:

1.14

Calmar Ratio

FTCHX:

0.39

MLAAX:

0.69

Martin Ratio

FTCHX:

1.11

MLAAX:

2.32

Ulcer Index

FTCHX:

10.63%

MLAAX:

6.67%

Daily Std Dev

FTCHX:

31.32%

MLAAX:

25.82%

Max Drawdown

FTCHX:

-87.78%

MLAAX:

-48.85%

Current Drawdown

FTCHX:

-10.11%

MLAAX:

-2.18%

Returns By Period

In the year-to-date period, FTCHX achieves a -3.31% return, which is significantly lower than MLAAX's 3.14% return. Over the past 10 years, FTCHX has underperformed MLAAX with an annualized return of 13.09%, while MLAAX has yielded a comparatively higher 14.88% annualized return.


FTCHX

YTD

-3.31%

1M

9.45%

6M

-4.17%

1Y

15.91%

3Y*

16.58%

5Y*

11.66%

10Y*

13.09%

MLAAX

YTD

3.14%

1M

8.60%

6M

1.81%

1Y

18.64%

3Y*

21.29%

5Y*

15.75%

10Y*

14.88%

*Annualized

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Invesco Technology Fund

FTCHX vs. MLAAX - Expense Ratio Comparison

FTCHX has a 0.91% expense ratio, which is lower than MLAAX's 0.93% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FTCHX vs. MLAAX — Risk-Adjusted Performance Rank

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

FTCHX
The Risk-Adjusted Performance Rank of FTCHX is 3333
Overall Rank
The Sharpe Ratio Rank of FTCHX is 3333
Sharpe Ratio Rank
The Sortino Ratio Rank of FTCHX is 3434
Sortino Ratio Rank
The Omega Ratio Rank of FTCHX is 3232
Omega Ratio Rank
The Calmar Ratio Rank of FTCHX is 3636
Calmar Ratio Rank
The Martin Ratio Rank of FTCHX is 2929
Martin Ratio Rank

MLAAX
The Risk-Adjusted Performance Rank of MLAAX is 5353
Overall Rank
The Sharpe Ratio Rank of MLAAX is 5252
Sharpe Ratio Rank
The Sortino Ratio Rank of MLAAX is 5151
Sortino Ratio Rank
The Omega Ratio Rank of MLAAX is 5050
Omega Ratio Rank
The Calmar Ratio Rank of MLAAX is 6262
Calmar Ratio Rank
The Martin Ratio Rank of MLAAX is 5151
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FTCHX vs. MLAAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Technology Fund (FTCHX) and MainStay Winslow Large Cap Growth Fund (MLAAX). 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.


The current FTCHX Sharpe Ratio is 0.48, which is lower than the MLAAX Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of FTCHX and MLAAX, 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FTCHX vs. MLAAX - Dividend Comparison

FTCHX's dividend yield for the trailing twelve months is around 14.05%, less than MLAAX's 21.85% yield.


TTM20242023202220212020201920182017201620152014
FTCHX
Invesco Technology Fund
14.05%13.59%0.79%1.60%27.66%7.06%9.58%9.01%4.14%6.99%6.88%14.35%
MLAAX
MainStay Winslow Large Cap Growth Fund
21.85%22.54%10.61%14.95%26.64%5.40%11.55%23.59%17.20%13.18%13.61%10.52%

Drawdowns

FTCHX vs. MLAAX - Drawdown Comparison

The maximum FTCHX drawdown since its inception was -87.78%, which is greater than MLAAX's maximum drawdown of -48.85%. Use the drawdown chart below to compare losses from any high point for FTCHX and MLAAX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FTCHX vs. MLAAX - Volatility Comparison

Invesco Technology Fund (FTCHX) and MainStay Winslow Large Cap Growth Fund (MLAAX) have volatilities of 5.80% and 5.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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