MGXIX vs. FGRTX

In the year-to-date period, MGXIX achieves a 1.62% return, which is significantly lower than FGRTX's 5.38% return. Over the past 10 years, MGXIX has underperformed FGRTX with an annualized return of 7.21%, while FGRTX has yielded a comparatively higher 13.09% annualized return.

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MGXIX has a 0.12% expense ratio, which is lower than FGRTX's 0.61% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for MainStay Equity Allocation Fund (MGXIX) and Fidelity Mega Cap Stock Fund (FGRTX). 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 MGXIX Sharpe Ratio is 0.45, which is lower than the FGRTX Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of MGXIX and FGRTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

MGXIX's dividend yield for the trailing twelve months is around 6.57%, more than FGRTX's 2.54% yield.

The maximum MGXIX drawdown since its inception was -53.44%, smaller than the maximum FGRTX drawdown of -56.84%. Use the drawdown chart below to compare losses from any high point for MGXIX and FGRTX.

The current volatility for MainStay Equity Allocation Fund (MGXIX) is 3.89%, while Fidelity Mega Cap Stock Fund (FGRTX) has a volatility of 4.16%. This indicates that MGXIX experiences smaller price fluctuations and is considered to be less risky than FGRTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.