KLGAX vs. MSOAX
KLGAX (MainStay WMC Growth Fund) and MSOAX (MainStay WMC Enduring Capital Fund) are both mutual funds - KLGAX is a Large Cap Growth Equities fund managed by New York Life, while MSOAX is a Large Cap Blend Equities fund managed by New York Life. Over the past 10 years, KLGAX returned 13.70%/yr vs 11.16%/yr for MSOAX. Their correlation of 0.85 suggests significant overlap in exposure. KLGAX charges 1.02%/yr vs 0.91%/yr for MSOAX.
Performance
KLGAX vs. MSOAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KLGAX achieves a -0.58% return, which is significantly lower than MSOAX's 4.05% return. Over the past 10 years, KLGAX has outperformed MSOAX with an annualized return of 13.70%, while MSOAX has yielded a comparatively lower 11.16% annualized return.
KLGAX
- 1D
- 0.09%
- 1M
- -3.60%
- YTD
- -0.58%
- 6M
- -1.96%
- 1Y
- 9.55%
- 3Y*
- 17.63%
- 5Y*
- 7.21%
- 10Y*
- 13.70%
MSOAX
- 1D
- 1.48%
- 1M
- 4.45%
- YTD
- 4.05%
- 6M
- 2.77%
- 1Y
- 0.24%
- 3Y*
- 9.06%
- 5Y*
- 6.14%
- 10Y*
- 11.16%
KLGAX vs. MSOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KLGAX MainStay WMC Growth Fund | -0.58% | 16.60% | 25.22% | 38.63% | -33.53% | 17.85% | 31.88% | 29.41% | -4.33% | 30.05% |
MSOAX MainStay WMC Enduring Capital Fund | 4.05% | -0.61% | 10.54% | 17.67% | -13.18% | 35.36% | 15.48% | 24.80% | -7.00% | 23.82% |
Correlation
The correlation between KLGAX and MSOAX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2006 | 0.85 |
Over the past year, the correlation between KLGAX and MSOAX has dropped to 0.37 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
KLGAX vs. MSOAX — Risk / Return Rank
KLGAX
MSOAX
KLGAX vs. MSOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MainStay WMC Growth Fund (KLGAX) and MainStay WMC Enduring Capital Fund (MSOAX). 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.
| KLGAX | MSOAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.65 | ||
| Sortino ratioReturn per unit of downside risk | +0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.00 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | -0.06 | +0.69 |
| Martin ratioReturn relative to average drawdown | 2.08 | -0.13 | +2.20 |
Loading charts...
Drawdowns
KLGAX vs. MSOAX - Drawdown Comparison
The maximum KLGAX drawdown since its inception was -55.04%, roughly equal to the maximum MSOAX drawdown of -55.16%. Use the drawdown chart below to compare losses from any high point for KLGAX and MSOAX.
Loading charts...
Drawdown Indicators
| KLGAX | MSOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.04% | -55.16% | +0.12% |
Max Drawdown (1Y)Largest decline over 1 year | -16.03% | -11.43% | -4.60% |
Max Drawdown (3Y)Largest decline over 3 years | -22.71% | -14.69% | -8.02% |
Max Drawdown (5Y)Largest decline over 5 years | -39.29% | -21.27% | -18.02% |
Max Drawdown (10Y)Largest decline over 10 years | -39.29% | -34.01% | -5.28% |
Current DrawdownCurrent decline from peak | -6.54% | -6.61% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -9.48% | -13.28% | +3.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.80% | 5.66% | -0.86% |
Volatility
KLGAX vs. MSOAX - Volatility Comparison
MainStay WMC Growth Fund (KLGAX) has a higher volatility of 6.67% compared to MainStay WMC Enduring Capital Fund (MSOAX) at 3.72%. This indicates that KLGAX's price experiences larger fluctuations and is considered to be riskier than MSOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KLGAX | MSOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.67% | 3.72% | +2.95% |
Volatility (6M)Calculated over the trailing 6-month period | 13.23% | 9.79% | +3.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.85% | 12.90% | +3.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.67% | 15.92% | +6.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.96% | 17.78% | +4.18% |
KLGAX vs. MSOAX - Expense Ratio Comparison
KLGAX has a 1.02% expense ratio, which is higher than MSOAX's 0.91% expense ratio.
Dividends
KLGAX vs. MSOAX - Dividend Comparison
KLGAX's dividend yield for the trailing twelve months is around 3.40%, less than MSOAX's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KLGAX MainStay WMC Growth Fund | 3.40% | 3.38% | 3.96% | 0.00% | 0.00% | 26.57% | 3.69% | 3.43% | 11.10% | 3.85% | 8.73% | 7.55% |
MSOAX MainStay WMC Enduring Capital Fund | 3.91% | 4.07% | 0.26% | 0.64% | 4.00% | 8.70% | 0.83% | 5.99% | 13.82% | 0.88% | 1.22% | 1.11% |
Frequently Asked Questions
KLGAX and MSOAX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KLGAX has higher volatility (6.67%) compared to MSOAX (3.72%). In terms of maximum drawdown, KLGAX dropped -55.04% vs MSOAX's -55.16%.
KLGAX currently has the higher Sharpe Ratio (0.60 vs -0.06), 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.
Find the right allocation for KLGAX and MSOAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer