KLGAX vs. GQEPX

Last updated Apr 2, 2026

Compare and contrast key facts about MainStay WMC Growth Fund (KLGAX) and GQG Partners US Select Quality Equity Fund Investor Shares (GQEPX).

KLGAX is managed by New York Life. It was launched on Aug 7, 2006. GQEPX is managed by GQG Partners Inc. It was launched on Sep 28, 2018.

Performance

KLGAX vs. GQEPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MainStay WMC Growth Fund (KLGAX) and GQG Partners US Select Quality Equity Fund Investor Shares (GQEPX). The values are adjusted to include any dividend payments, if applicable.

KLGAX vs. GQEPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
KLGAX MainStay WMC Growth Fund	-10.17%	16.60%	25.22%	38.63%	-33.53%	17.85%	31.88%	29.41%	-16.70%
GQEPX GQG Partners US Select Quality Equity Fund Investor Shares	9.54%	-4.52%	28.99%	17.39%	-2.81%	19.90%	23.65%	27.21%	-7.67%

Returns By Period

In the year-to-date period, KLGAX achieves a -10.17% return, which is significantly lower than GQEPX's 9.54% return.

KLGAX

• 1D: 3.79%
• 1M: -5.81%
• YTD: -10.17%
• 6M: -9.00%
• 1Y: 14.39%
• 3Y*: 17.09%
• 5Y*: 6.67%
• 10Y*: 12.37%

GQEPX

• 1D: -0.23%
• 1M: -1.88%
• YTD: 9.54%
• 6M: 8.01%
• 1Y: 5.34%
• 3Y*: 17.73%
• 5Y*: 12.35%
• 10Y*: —

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

KLGAX vs. GQEPX - Expense Ratio Comparison

KLGAX has a 1.02% expense ratio, which is higher than GQEPX's 0.59% expense ratio.

KLGAX

MainStay WMC Growth Fund

GQEPX

GQG Partners US Select Quality Equity Fund Investor Shares

Return for Risk

KLGAX vs. GQEPX — Risk / Return Rank

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

KLGAX

KLGAX Risk / Return Rank: 25
KLGAX Sharpe Ratio Rank: 24
KLGAX Sortino Ratio Rank: 28
KLGAX Omega Ratio Rank: 27
KLGAX Calmar Ratio Rank: 23
KLGAX Martin Ratio Rank: 22

GQEPX

GQEPX Risk / Return Rank: 16
GQEPX Sharpe Ratio Rank: 15
GQEPX Sortino Ratio Rank: 13
GQEPX Omega Ratio Rank: 13
GQEPX Calmar Ratio Rank: 24
GQEPX Martin Ratio Rank: 17

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.

KLGAX vs. GQEPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MainStay WMC Growth Fund (KLGAX) and GQG Partners US Select Quality Equity Fund Investor Shares (GQEPX). 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.

	KLGAX	GQEPX	Difference
Sharpe ratio Return per unit of total volatility	0.69	0.43	+0.26
Sortino ratio Return per unit of downside risk	1.14	0.66	+0.48
Omega ratio Gain probability vs. loss probability	1.16	1.09	+0.07
Calmar ratio Return relative to maximum drawdown	0.78	0.74	+0.03
Martin ratio Return relative to average drawdown	2.77	1.86	+0.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KLGAX vs. GQEPX - Sharpe Ratio Comparison

The current KLGAX Sharpe Ratio is 0.69, which is higher than the GQEPX Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of KLGAX and GQEPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	KLGAX	GQEPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.69	0.43	+0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.78	-0.48
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.75	-0.33

Correlation

The correlation between KLGAX and GQEPX is 0.74, 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.

Dividends

KLGAX vs. GQEPX - Dividend Comparison

KLGAX's dividend yield for the trailing twelve months is around 3.76%, less than GQEPX's 6.37% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KLGAX MainStay WMC Growth Fund	3.76%	3.38%	3.96%	0.00%	0.00%	26.57%	3.69%	3.43%	11.10%	3.85%	8.73%	7.55%
GQEPX GQG Partners US Select Quality Equity Fund Investor Shares	6.37%	6.98%	5.30%	0.44%	4.46%	1.49%	0.61%	0.63%	0.09%	0.00%	0.00%	0.00%

Drawdowns

KLGAX vs. GQEPX - Drawdown Comparison

The maximum KLGAX drawdown since its inception was -55.04%, which is greater than GQEPX's maximum drawdown of -28.45%. Use the drawdown chart below to compare losses from any high point for KLGAX and GQEPX.

Drawdown Indicators

	KLGAX	GQEPX	Difference
Max Drawdown Largest peak-to-trough decline	-55.04%	-28.45%	-26.59%
Max Drawdown (1Y) Largest decline over 1 year	-16.03%	-8.34%	-7.69%
Max Drawdown (5Y) Largest decline over 5 years	-39.29%	-20.49%	-18.80%
Max Drawdown (10Y) Largest decline over 10 years	-39.29%	—	—
Current Drawdown Current decline from peak	-12.85%	-6.50%	-6.35%
Average Drawdown Average peak-to-trough decline	-9.54%	-5.75%	-3.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.50%	3.49%	+1.01%

Volatility

KLGAX vs. GQEPX - Volatility Comparison

MainStay WMC Growth Fund (KLGAX) has a higher volatility of 6.91% compared to GQG Partners US Select Quality Equity Fund Investor Shares (GQEPX) at 2.77%. This indicates that KLGAX's price experiences larger fluctuations and is considered to be riskier than GQEPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KLGAX	GQEPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.91%	2.77%	+4.14%
Volatility (6M) Calculated over the trailing 6-month period	12.79%	7.29%	+5.50%
Volatility (1Y) Calculated over the trailing 1-year period	22.41%	12.41%	+10.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.57%	15.87%	+6.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.93%	18.85%	+3.08%