MCYVX vs. MECVX

Last updated Apr 2, 2026

Compare and contrast key facts about MainStay Candriam Emerging Markets Equity Fund (MCYVX) and MainStay Epoch Capital Growth Fund (MECVX).

MCYVX is managed by MainStay. It was launched on Nov 14, 2017. MECVX is managed by MainStay. It was launched on Jun 29, 2016.

Performance

MCYVX vs. MECVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MainStay Candriam Emerging Markets Equity Fund (MCYVX) and MainStay Epoch Capital Growth Fund (MECVX). The values are adjusted to include any dividend payments, if applicable.

MCYVX vs. MECVX - 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%
MECVX MainStay Epoch Capital Growth Fund	-2.93%	13.10%	10.52%	29.35%	-19.63%	25.00%	29.21%	34.56%	-11.43%

Returns By Period

In the year-to-date period, MCYVX achieves a 5.17% return, which is significantly higher than MECVX's -2.93% return.

MCYVX

• 1D: 1.54%
• 1M: -8.89%
• YTD: 5.17%
• 6M: 9.21%
• 1Y: 40.32%
• 3Y*: 17.57%
• 5Y*: 2.35%
• 10Y*: —

MECVX

• 1D: 2.83%
• 1M: -5.76%
• YTD: -2.93%
• 6M: -1.79%
• 1Y: 12.63%
• 3Y*: 12.55%
• 5Y*: 8.27%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MCYVX vs. MECVX - Expense Ratio Comparison

MCYVX has a 1.57% expense ratio, which is higher than MECVX's 1.39% expense ratio.

MCYVX

MainStay Candriam Emerging Markets Equity Fund

MECVX

MainStay Epoch Capital Growth Fund

Return for Risk

MCYVX vs. MECVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MCYVX

MCYVX Risk / Return Rank: 90
MCYVX Sharpe Ratio Rank: 93
MCYVX Sortino Ratio Rank: 89
MCYVX Omega Ratio Rank: 88
MCYVX Calmar Ratio Rank: 91
MCYVX Martin Ratio Rank: 90

MECVX

MECVX Risk / Return Rank: 29
MECVX Sharpe Ratio Rank: 28
MECVX Sortino Ratio Rank: 31
MECVX Omega Ratio Rank: 27
MECVX Calmar Ratio Rank: 29
MECVX Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MCYVX vs. MECVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MainStay Candriam Emerging Markets Equity Fund (MCYVX) and MainStay Epoch Capital Growth Fund (MECVX). 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	MECVX	Difference
Sharpe ratio Return per unit of total volatility	2.16	0.80	+1.37
Sortino ratio Return per unit of downside risk	2.65	1.23	+1.42
Omega ratio Gain probability vs. loss probability	1.40	1.17	+0.23
Calmar ratio Return relative to maximum drawdown	2.83	1.04	+1.79
Martin ratio Return relative to average drawdown	10.90	4.17	+6.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MCYVX vs. MECVX - Sharpe Ratio Comparison

The current MCYVX Sharpe Ratio is 2.16, which is higher than the MECVX Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of MCYVX and MECVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MCYVX	MECVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	0.80	+1.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	0.51	-0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.77	-0.53

Correlation

The correlation between MCYVX and MECVX is 0.60, 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. MECVX - Dividend Comparison

MCYVX's dividend yield for the trailing twelve months is around 5.01%, less than MECVX's 8.36% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
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%
MECVX MainStay Epoch Capital Growth Fund	8.36%	8.12%	4.30%	0.32%	1.01%	28.36%	19.49%	9.87%	7.96%	3.31%	0.22%

Drawdowns

MCYVX vs. MECVX - Drawdown Comparison

The maximum MCYVX drawdown since its inception was -44.62%, which is greater than MECVX's maximum drawdown of -30.36%. Use the drawdown chart below to compare losses from any high point for MCYVX and MECVX.

Drawdown Indicators

	MCYVX	MECVX	Difference
Max Drawdown Largest peak-to-trough decline	-44.62%	-30.36%	-14.26%
Max Drawdown (1Y) Largest decline over 1 year	-12.69%	-10.77%	-1.92%
Max Drawdown (5Y) Largest decline over 5 years	-41.09%	-29.51%	-11.58%
Current Drawdown Current decline from peak	-10.77%	-7.51%	-3.26%
Average Drawdown Average peak-to-trough decline	-21.26%	-4.98%	-16.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.49%	2.69%	+0.80%

Volatility

MCYVX vs. MECVX - Volatility Comparison

MainStay Candriam Emerging Markets Equity Fund (MCYVX) has a higher volatility of 9.65% compared to MainStay Epoch Capital Growth Fund (MECVX) at 5.71%. This indicates that MCYVX's price experiences larger fluctuations and is considered to be riskier than MECVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MCYVX	MECVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.65%	5.71%	+3.94%
Volatility (6M) Calculated over the trailing 6-month period	15.28%	9.81%	+5.47%
Volatility (1Y) Calculated over the trailing 1-year period	19.27%	16.50%	+2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.59%	16.45%	+0.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.65%	16.90%	+1.75%