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

Performance

LGLIX vs. MLAAX - Performance Comparison

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

-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
24.78%
13.63%
LGLIX
MLAAX

Returns By Period

In the year-to-date period, LGLIX achieves a 46.80% return, which is significantly higher than MLAAX's 29.81% return. Over the past 10 years, LGLIX has outperformed MLAAX with an annualized return of 8.58%, while MLAAX has yielded a comparatively lower 0.45% annualized return.


LGLIX

YTD

46.80%

1M

9.73%

6M

24.78%

1Y

52.36%

5Y (annualized)

12.43%

10Y (annualized)

8.58%

MLAAX

YTD

29.81%

1M

2.91%

6M

13.63%

1Y

23.10%

5Y (annualized)

3.48%

10Y (annualized)

0.45%

Key characteristics


LGLIXMLAAX
Sharpe Ratio2.401.13
Sortino Ratio3.111.45
Omega Ratio1.421.23
Calmar Ratio1.240.52
Martin Ratio13.555.81
Ulcer Index3.91%4.07%
Daily Std Dev22.03%20.99%
Max Drawdown-55.73%-55.55%
Current Drawdown-11.47%-24.71%

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LGLIX vs. MLAAX - Expense Ratio Comparison

LGLIX has a 0.64% expense ratio, which is lower than MLAAX's 0.93% expense ratio.


MLAAX
MainStay Winslow Large Cap Growth Fund
Expense ratio chart for MLAAX: current value at 0.93% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.93%
Expense ratio chart for LGLIX: current value at 0.64% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.64%

Correlation

-0.50.00.51.00.9

The correlation between LGLIX and MLAAX is 0.94, 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.

Risk-Adjusted Performance

LGLIX vs. MLAAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Growth Leaders Fund (LGLIX) 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.


Sharpe ratio
The chart of Sharpe ratio for LGLIX, currently valued at 2.40, compared to the broader market-1.000.001.002.003.004.005.002.401.13
The chart of Sortino ratio for LGLIX, currently valued at 3.11, compared to the broader market0.005.0010.003.111.45
The chart of Omega ratio for LGLIX, currently valued at 1.42, compared to the broader market1.002.003.004.001.421.23
The chart of Calmar ratio for LGLIX, currently valued at 1.24, compared to the broader market0.005.0010.0015.0020.0025.001.240.52
The chart of Martin ratio for LGLIX, currently valued at 13.55, compared to the broader market0.0020.0040.0060.0080.00100.0013.555.81
LGLIX
MLAAX

The current LGLIX Sharpe Ratio is 2.40, which is higher than the MLAAX Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of LGLIX 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.

Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.40
1.13
LGLIX
MLAAX

Dividends

LGLIX vs. MLAAX - Dividend Comparison

Neither LGLIX nor MLAAX has paid dividends to shareholders.


TTM20232022202120202019
LGLIX
Lord Abbett Growth Leaders Fund
0.00%0.00%0.00%0.00%0.00%1.02%
MLAAX
MainStay Winslow Large Cap Growth Fund
0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

LGLIX vs. MLAAX - Drawdown Comparison

The maximum LGLIX drawdown since its inception was -55.73%, roughly equal to the maximum MLAAX drawdown of -55.55%. Use the drawdown chart below to compare losses from any high point for LGLIX and MLAAX. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%JuneJulyAugustSeptemberOctoberNovember
-11.47%
-24.71%
LGLIX
MLAAX

Volatility

LGLIX vs. MLAAX - Volatility Comparison

Lord Abbett Growth Leaders Fund (LGLIX) has a higher volatility of 6.33% compared to MainStay Winslow Large Cap Growth Fund (MLAAX) at 5.57%. This indicates that LGLIX's price experiences larger fluctuations and is considered to be riskier than MLAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
6.33%
5.57%
LGLIX
MLAAX