MGDIX vs. LGLIX

In the year-to-date period, MGDIX achieves a 12.66% return, which is significantly lower than LGLIX's 45.29% return. Over the past 10 years, MGDIX has underperformed LGLIX with an annualized return of 6.93%, while LGLIX has yielded a comparatively higher 8.57% annualized return.

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MGDIX has a 0.10% expense ratio, which is lower than LGLIX's 0.64% expense ratio.

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

The current MGDIX Sharpe Ratio is 2.03, which is comparable to the LGLIX Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of MGDIX and LGLIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

MGDIX's dividend yield for the trailing twelve months is around 0.85%, while LGLIX has not paid dividends to shareholders.

The maximum MGDIX drawdown since its inception was -47.96%, smaller than the maximum LGLIX drawdown of -55.73%. Use the drawdown chart below to compare losses from any high point for MGDIX and LGLIX. For additional features, visit the drawdowns tool.

The current volatility for MainStay Growth Allocation Fund (MGDIX) is 2.99%, while Lord Abbett Growth Leaders Fund (LGLIX) has a volatility of 6.60%. This indicates that MGDIX experiences smaller price fluctuations and is considered to be less risky than LGLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.