KLGAX vs. MSXAX
Compare and contrast key facts about MainStay WMC Growth Fund (KLGAX) and NYLI S&P 500 Index Class A (MSXAX).
KLGAX is managed by New York Life. It was launched on Aug 7, 2006. MSXAX is a passively managed fund by New York Life that tracks the performance of the S&P 500 Index. It was launched on Jan 2, 2004.
Performance
KLGAX vs. MSXAX - Performance Comparison
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KLGAX vs. MSXAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KLGAX MainStay WMC Growth Fund | -13.45% | 16.60% | 25.22% | 38.63% | -33.53% | 17.85% | 31.88% | 29.41% | -4.33% | 30.05% |
MSXAX NYLI S&P 500 Index Class A | -7.16% | 17.26% | 23.98% | 25.96% | -18.52% | 28.13% | 17.86% | 30.69% | -4.71% | 21.07% |
Returns By Period
In the year-to-date period, KLGAX achieves a -13.45% return, which is significantly lower than MSXAX's -7.16% return. Over the past 10 years, KLGAX has underperformed MSXAX with an annualized return of 11.96%, while MSXAX has yielded a comparatively higher 13.18% annualized return.
KLGAX
- 1D
- -0.25%
- 1M
- -9.06%
- YTD
- -13.45%
- 6M
- -12.22%
- 1Y
- 11.11%
- 3Y*
- 15.65%
- 5Y*
- 6.28%
- 10Y*
- 11.96%
MSXAX
- 1D
- -0.40%
- 1M
- -7.71%
- YTD
- -7.16%
- 6M
- -4.84%
- 1Y
- 13.86%
- 3Y*
- 16.56%
- 5Y*
- 10.85%
- 10Y*
- 13.18%
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KLGAX vs. MSXAX - Expense Ratio Comparison
KLGAX has a 1.02% expense ratio, which is higher than MSXAX's 0.52% expense ratio.
Return for Risk
KLGAX vs. MSXAX — Risk / Return Rank
KLGAX
MSXAX
KLGAX vs. MSXAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MainStay WMC Growth Fund (KLGAX) and NYLI S&P 500 Index Class A (MSXAX). 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 | MSXAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.51 | 0.81 | -0.30 |
Sortino ratioReturn per unit of downside risk | 0.88 | 1.26 | -0.37 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.19 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 0.48 | 0.95 | -0.47 |
Martin ratioReturn relative to average drawdown | 1.73 | 4.60 | -2.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KLGAX | MSXAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.51 | 0.81 | -0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.65 | -0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.73 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.51 | -0.10 |
Correlation
The correlation between KLGAX and MSXAX is 0.93, 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. MSXAX - Dividend Comparison
KLGAX's dividend yield for the trailing twelve months is around 3.90%, more than MSXAX's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KLGAX MainStay WMC Growth Fund | 3.90% | 3.38% | 3.96% | 0.00% | 0.00% | 26.57% | 3.69% | 3.43% | 11.10% | 3.85% | 8.73% | 7.55% |
MSXAX NYLI S&P 500 Index Class A | 1.14% | 1.06% | 5.20% | 4.04% | 10.30% | 4.44% | 8.78% | 17.42% | 14.49% | 15.18% | 9.63% | 5.53% |
Drawdowns
KLGAX vs. MSXAX - Drawdown Comparison
The maximum KLGAX drawdown since its inception was -55.04%, roughly equal to the maximum MSXAX drawdown of -55.48%. Use the drawdown chart below to compare losses from any high point for KLGAX and MSXAX.
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Drawdown Indicators
| KLGAX | MSXAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.04% | -55.48% | +0.44% |
Max Drawdown (1Y)Largest decline over 1 year | -16.03% | -12.11% | -3.92% |
Max Drawdown (5Y)Largest decline over 5 years | -39.29% | -24.78% | -14.51% |
Max Drawdown (10Y)Largest decline over 10 years | -39.29% | -33.79% | -5.50% |
Current DrawdownCurrent decline from peak | -16.03% | -8.97% | -7.06% |
Average DrawdownAverage peak-to-trough decline | -9.54% | -7.21% | -2.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.50% | 2.58% | +1.92% |
Volatility
KLGAX vs. MSXAX - Volatility Comparison
MainStay WMC Growth Fund (KLGAX) has a higher volatility of 5.53% compared to NYLI S&P 500 Index Class A (MSXAX) at 4.24%. This indicates that KLGAX's price experiences larger fluctuations and is considered to be riskier than MSXAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KLGAX | MSXAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.53% | 4.24% | +1.29% |
Volatility (6M)Calculated over the trailing 6-month period | 12.21% | 9.09% | +3.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.14% | 18.13% | +4.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.52% | 16.87% | +5.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.90% | 18.03% | +3.87% |