Correlation
The correlation between KLGAX and VFIAX 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.
KLGAX vs. VFIAX
Compare and contrast key facts about MainStay WMC Growth Fund (KLGAX) and Vanguard 500 Index Fund Admiral Shares (VFIAX).
KLGAX is managed by New York Life Investments. It was launched on Aug 7, 2006. VFIAX is managed by Vanguard. It was launched on Nov 13, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KLGAX or VFIAX.
Performance
KLGAX vs. VFIAX - Performance Comparison
Loading data...
Key characteristics
KLGAX:
0.52
VFIAX:
0.73
KLGAX:
0.76
VFIAX:
1.04
KLGAX:
1.10
VFIAX:
1.15
KLGAX:
0.47
VFIAX:
0.69
KLGAX:
1.56
VFIAX:
2.62
KLGAX:
6.90%
VFIAX:
4.93%
KLGAX:
25.39%
VFIAX:
19.77%
KLGAX:
-55.04%
VFIAX:
-55.20%
KLGAX:
-3.94%
VFIAX:
-3.43%
Returns By Period
In the year-to-date period, KLGAX achieves a 1.21% return, which is significantly higher than VFIAX's 1.04% return. Over the past 10 years, KLGAX has underperformed VFIAX with an annualized return of 11.03%, while VFIAX has yielded a comparatively higher 12.80% annualized return.
KLGAX
1.21%
8.41%
0.96%
13.14%
16.08%
12.31%
11.03%
VFIAX
1.04%
6.29%
-1.37%
14.40%
14.36%
15.89%
12.80%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KLGAX vs. VFIAX - Expense Ratio Comparison
KLGAX has a 1.02% expense ratio, which is higher than VFIAX's 0.04% expense ratio.
Risk-Adjusted Performance
KLGAX vs. VFIAX — Risk-Adjusted Performance Rank
KLGAX
VFIAX
KLGAX vs. VFIAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MainStay WMC Growth Fund (KLGAX) and Vanguard 500 Index Fund Admiral Shares (VFIAX). 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.
Loading data...
Dividends
KLGAX vs. VFIAX - Dividend Comparison
KLGAX's dividend yield for the trailing twelve months is around 3.91%, more than VFIAX's 1.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KLGAX MainStay WMC Growth Fund | 3.91% | 3.96% | 0.00% | 0.00% | 26.57% | 3.69% | 3.43% | 11.10% | 3.85% | 8.73% | 7.55% | 9.49% |
VFIAX Vanguard 500 Index Fund Admiral Shares | 1.28% | 1.24% | 1.45% | 1.68% | 1.24% | 1.53% | 1.87% | 2.05% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
KLGAX vs. VFIAX - Drawdown Comparison
The maximum KLGAX drawdown since its inception was -55.04%, roughly equal to the maximum VFIAX drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for KLGAX and VFIAX.
Loading data...
Volatility
KLGAX vs. VFIAX - Volatility Comparison
MainStay WMC Growth Fund (KLGAX) has a higher volatility of 5.60% compared to Vanguard 500 Index Fund Admiral Shares (VFIAX) at 4.77%. This indicates that KLGAX's price experiences larger fluctuations and is considered to be riskier than VFIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...