Correlation
The correlation between MKTRX and AAFTX is 0.89, 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.
MKTRX vs. AAFTX
Compare and contrast key facts about MainStay Income Builder Fund (MKTRX) and American Funds 2035 Target Date Retirement Fund (AAFTX).
MKTRX is managed by New York Life Investments. It was launched on Dec 28, 1987. AAFTX is managed by American Funds. It was launched on Jan 31, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MKTRX or AAFTX.
Performance
MKTRX vs. AAFTX - Performance Comparison
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Key characteristics
Returns By Period
MKTRX
N/A
N/A
N/A
N/A
N/A
N/A
N/A
AAFTX
4.81%
4.04%
3.06%
12.11%
9.09%
9.92%
8.36%
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MKTRX vs. AAFTX - Expense Ratio Comparison
MKTRX has a 1.95% expense ratio, which is higher than AAFTX's 0.33% expense ratio.
Risk-Adjusted Performance
MKTRX vs. AAFTX — Risk-Adjusted Performance Rank
MKTRX
AAFTX
MKTRX vs. AAFTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MainStay Income Builder Fund (MKTRX) and American Funds 2035 Target Date Retirement Fund (AAFTX). 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.
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Dividends
MKTRX vs. AAFTX - Dividend Comparison
MKTRX has not paid dividends to shareholders, while AAFTX's dividend yield for the trailing twelve months is around 4.06%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKTRX MainStay Income Builder Fund | 1.36% | 1.97% | 0.85% | 1.48% | 1.47% | 0.64% | 1.90% | 3.75% | 4.15% | 2.30% | 6.19% | 7.20% |
AAFTX American Funds 2035 Target Date Retirement Fund | 4.06% | 4.25% | 2.62% | 5.43% | 5.25% | 3.52% | 4.22% | 4.80% | 2.38% | 3.52% | 5.64% | 3.64% |
Drawdowns
MKTRX vs. AAFTX - Drawdown Comparison
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Volatility
MKTRX vs. AAFTX - Volatility Comparison
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