MGDIX vs. LGLIX
Compare and contrast key facts about MainStay Growth Allocation Fund (MGDIX) and Lord Abbett Growth Leaders Fund (LGLIX).
MGDIX is managed by New York Life. It was launched on Apr 3, 2005. LGLIX is managed by Lord Abbett. It was launched on Jun 30, 2011.
Performance
MGDIX vs. LGLIX - Performance Comparison
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MGDIX vs. LGLIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGDIX MainStay Growth Allocation Fund | -3.96% | 12.70% | 9.98% | 14.52% | -14.25% | 16.64% | 13.78% | 21.36% | -11.50% | 15.15% |
LGLIX Lord Abbett Growth Leaders Fund | -14.54% | 16.49% | 44.97% | 33.29% | -38.73% | 8.62% | 77.55% | 35.02% | -1.08% | 31.64% |
Returns By Period
In the year-to-date period, MGDIX achieves a -3.96% return, which is significantly higher than LGLIX's -14.54% return. Over the past 10 years, MGDIX has underperformed LGLIX with an annualized return of 7.46%, while LGLIX has yielded a comparatively higher 15.30% annualized return.
MGDIX
- 1D
- -0.19%
- 1M
- -7.57%
- YTD
- -3.96%
- 6M
- -1.49%
- 1Y
- 10.99%
- 3Y*
- 9.43%
- 5Y*
- 5.37%
- 10Y*
- 7.46%
LGLIX
- 1D
- -1.78%
- 1M
- -9.21%
- YTD
- -14.54%
- 6M
- -17.40%
- 1Y
- 15.24%
- 3Y*
- 20.47%
- 5Y*
- 5.89%
- 10Y*
- 15.30%
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MGDIX vs. LGLIX - Expense Ratio Comparison
MGDIX has a 0.10% expense ratio, which is lower than LGLIX's 0.64% expense ratio.
Return for Risk
MGDIX vs. LGLIX — Risk / Return Rank
MGDIX
LGLIX
MGDIX vs. LGLIX - Risk-Adjusted Trends Comparison
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.
| MGDIX | LGLIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.83 | 0.55 | +0.28 |
Sortino ratioReturn per unit of downside risk | 1.23 | 0.93 | +0.30 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.13 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.91 | 0.54 | +0.38 |
Martin ratioReturn relative to average drawdown | 4.29 | 1.66 | +2.63 |
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
| MGDIX | LGLIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | 0.55 | +0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.23 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.62 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.62 | -0.18 |
Correlation
The correlation between MGDIX and LGLIX is 0.81, 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.
Dividends
MGDIX vs. LGLIX - Dividend Comparison
MGDIX's dividend yield for the trailing twelve months is around 5.32%, more than LGLIX's 2.33% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGDIX MainStay Growth Allocation Fund | 5.32% | 5.11% | 8.27% | 0.14% | 7.62% | 11.17% | 5.44% | 4.58% | 11.08% | 2.83% | 2.25% | 5.77% |
LGLIX Lord Abbett Growth Leaders Fund | 2.33% | 1.99% | 0.00% | 0.00% | 0.00% | 23.83% | 9.27% | 8.01% | 19.82% | 6.46% | 0.00% | 4.84% |
Drawdowns
MGDIX vs. LGLIX - Drawdown Comparison
The maximum MGDIX drawdown since its inception was -46.05%, roughly equal to the maximum LGLIX drawdown of -45.95%. Use the drawdown chart below to compare losses from any high point for MGDIX and LGLIX.
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Drawdown Indicators
| MGDIX | LGLIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.05% | -45.95% | -0.10% |
Max Drawdown (1Y)Largest decline over 1 year | -9.89% | -21.01% | +11.12% |
Max Drawdown (5Y)Largest decline over 5 years | -22.24% | -45.95% | +23.71% |
Max Drawdown (10Y)Largest decline over 10 years | -30.13% | -45.95% | +15.82% |
Current DrawdownCurrent decline from peak | -7.84% | -21.01% | +13.17% |
Average DrawdownAverage peak-to-trough decline | -6.27% | -9.38% | +3.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.17% | 6.80% | -4.63% |
Volatility
MGDIX vs. LGLIX - Volatility Comparison
The current volatility for MainStay Growth Allocation Fund (MGDIX) is 4.03%, while Lord Abbett Growth Leaders Fund (LGLIX) has a volatility of 7.99%. 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.
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Volatility by Period
| MGDIX | LGLIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.03% | 7.99% | -3.96% |
Volatility (6M)Calculated over the trailing 6-month period | 7.45% | 16.46% | -9.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.33% | 26.65% | -13.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.14% | 25.79% | -12.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.07% | 24.65% | -10.58% |