MKTRX vs. PRWCX
Compare and contrast key facts about MainStay Income Builder Fund (MKTRX) and T. Rowe Price Capital Appreciation Fund (PRWCX).
MKTRX is managed by New York Life Investments. It was launched on Dec 28, 1987. PRWCX is managed by T. Rowe Price. It was launched on Jun 30, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MKTRX or PRWCX.
Correlation
The correlation between MKTRX and PRWCX is 0.76, 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.
Performance
MKTRX vs. PRWCX - Performance Comparison
Key characteristics
MKTRX:
1.56
PRWCX:
1.67
MKTRX:
2.14
PRWCX:
2.28
MKTRX:
1.29
PRWCX:
1.31
MKTRX:
1.07
PRWCX:
1.20
MKTRX:
7.34
PRWCX:
11.43
MKTRX:
1.84%
PRWCX:
1.13%
MKTRX:
8.67%
PRWCX:
7.75%
MKTRX:
-59.81%
PRWCX:
-45.33%
MKTRX:
-1.03%
PRWCX:
-1.20%
Returns By Period
In the year-to-date period, MKTRX achieves a 3.29% return, which is significantly higher than PRWCX's 2.37% return. Over the past 10 years, MKTRX has underperformed PRWCX with an annualized return of 2.42%, while PRWCX has yielded a comparatively higher 5.26% annualized return.
MKTRX
3.29%
4.52%
4.39%
12.95%
2.62%
2.42%
PRWCX
2.37%
2.25%
6.06%
12.48%
4.90%
5.26%
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MKTRX vs. PRWCX - Expense Ratio Comparison
MKTRX has a 1.95% expense ratio, which is higher than PRWCX's 0.68% expense ratio.
Risk-Adjusted Performance
MKTRX vs. PRWCX — Risk-Adjusted Performance Rank
MKTRX
PRWCX
MKTRX vs. PRWCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MainStay Income Builder Fund (MKTRX) and T. Rowe Price Capital Appreciation Fund (PRWCX). 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.
Dividends
MKTRX vs. PRWCX - Dividend Comparison
MKTRX's dividend yield for the trailing twelve months is around 1.80%, less than PRWCX's 2.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKTRX MainStay Income Builder Fund | 1.80% | 1.98% | 1.89% | 1.47% | 1.48% | 1.31% | 1.89% | 1.94% | 1.70% | 2.30% | 2.85% | 2.78% |
PRWCX T. Rowe Price Capital Appreciation Fund | 2.27% | 2.33% | 2.11% | 1.57% | 0.95% | 1.17% | 1.54% | 2.53% | 1.31% | 1.57% | 1.52% | 1.42% |
Drawdowns
MKTRX vs. PRWCX - Drawdown Comparison
The maximum MKTRX drawdown since its inception was -59.81%, which is greater than PRWCX's maximum drawdown of -45.33%. Use the drawdown chart below to compare losses from any high point for MKTRX and PRWCX. For additional features, visit the drawdowns tool.
Volatility
MKTRX vs. PRWCX - Volatility Comparison
MainStay Income Builder Fund (MKTRX) has a higher volatility of 2.38% compared to T. Rowe Price Capital Appreciation Fund (PRWCX) at 2.06%. This indicates that MKTRX's price experiences larger fluctuations and is considered to be riskier than PRWCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.