MCYVX vs. HLFMX
Compare and contrast key facts about MainStay Candriam Emerging Markets Equity Fund (MCYVX) and Harding Loevner Frontier Emerging Markets Fund (HLFMX).
MCYVX is managed by MainStay. It was launched on Nov 14, 2017. HLFMX is managed by Harding Loevner. It was launched on May 26, 2008.
Performance
MCYVX vs. HLFMX - Performance Comparison
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MCYVX vs. HLFMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MCYVX MainStay Candriam Emerging Markets Equity Fund | 5.17% | 34.98% | 11.91% | 6.92% | -28.37% | -4.28% | 35.91% | 21.56% | -26.04% |
HLFMX Harding Loevner Frontier Emerging Markets Fund | -0.11% | 16.95% | 8.76% | 10.43% | -18.91% | 10.18% | 0.11% | 10.88% | -19.90% |
Returns By Period
In the year-to-date period, MCYVX achieves a 5.17% return, which is significantly higher than HLFMX's -0.11% return.
MCYVX
- 1D
- 1.54%
- 1M
- -8.89%
- YTD
- 5.17%
- 6M
- 9.21%
- 1Y
- 40.32%
- 3Y*
- 17.57%
- 5Y*
- 2.35%
- 10Y*
- —
HLFMX
- 1D
- 2.06%
- 1M
- -5.71%
- YTD
- -0.11%
- 6M
- 3.25%
- 1Y
- 15.51%
- 3Y*
- 11.57%
- 5Y*
- 4.87%
- 10Y*
- 4.15%
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MCYVX vs. HLFMX - Expense Ratio Comparison
MCYVX has a 1.57% expense ratio, which is lower than HLFMX's 1.60% expense ratio.
Return for Risk
MCYVX vs. HLFMX — Risk / Return Rank
MCYVX
HLFMX
MCYVX vs. HLFMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MainStay Candriam Emerging Markets Equity Fund (MCYVX) and Harding Loevner Frontier Emerging Markets Fund (HLFMX). 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.
| MCYVX | HLFMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.16 | 1.36 | +0.81 |
Sortino ratioReturn per unit of downside risk | 2.65 | 1.85 | +0.80 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.27 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 2.83 | 1.41 | +1.42 |
Martin ratioReturn relative to average drawdown | 10.90 | 5.03 | +5.87 |
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
| MCYVX | HLFMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | 1.36 | +0.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | 0.48 | -0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.35 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.07 | +0.18 |
Correlation
The correlation between MCYVX and HLFMX is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
MCYVX vs. HLFMX - Dividend Comparison
MCYVX's dividend yield for the trailing twelve months is around 5.01%, more than HLFMX's 3.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCYVX MainStay Candriam Emerging Markets Equity Fund | 5.01% | 5.27% | 0.14% | 0.62% | 0.63% | 0.45% | 0.19% | 1.74% | 0.37% | 0.00% | 0.00% | 0.00% |
HLFMX Harding Loevner Frontier Emerging Markets Fund | 3.57% | 3.56% | 1.88% | 1.77% | 2.28% | 0.83% | 1.61% | 1.97% | 1.34% | 1.90% | 1.01% | 1.13% |
Drawdowns
MCYVX vs. HLFMX - Drawdown Comparison
The maximum MCYVX drawdown since its inception was -44.62%, smaller than the maximum HLFMX drawdown of -63.95%. Use the drawdown chart below to compare losses from any high point for MCYVX and HLFMX.
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Drawdown Indicators
| MCYVX | HLFMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.62% | -63.95% | +19.33% |
Max Drawdown (1Y)Largest decline over 1 year | -12.69% | -11.09% | -1.60% |
Max Drawdown (5Y)Largest decline over 5 years | -41.09% | -28.37% | -12.72% |
Max Drawdown (10Y)Largest decline over 10 years | — | -46.61% | — |
Current DrawdownCurrent decline from peak | -10.77% | -9.26% | -1.51% |
Average DrawdownAverage peak-to-trough decline | -21.26% | -19.38% | -1.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.49% | 3.11% | +0.38% |
Volatility
MCYVX vs. HLFMX - Volatility Comparison
MainStay Candriam Emerging Markets Equity Fund (MCYVX) has a higher volatility of 9.65% compared to Harding Loevner Frontier Emerging Markets Fund (HLFMX) at 6.73%. This indicates that MCYVX's price experiences larger fluctuations and is considered to be riskier than HLFMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MCYVX | HLFMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.65% | 6.73% | +2.92% |
Volatility (6M)Calculated over the trailing 6-month period | 15.28% | 8.72% | +6.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.27% | 12.03% | +7.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.59% | 10.23% | +6.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.65% | 11.79% | +6.86% |