MKTRX vs. SWPPX
Compare and contrast key facts about MainStay Income Builder Fund (MKTRX) and Schwab S&P 500 Index Fund (SWPPX).
MKTRX is managed by New York Life Investments. It was launched on Dec 28, 1987. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MKTRX or SWPPX.
Correlation
The correlation between MKTRX and SWPPX is 0.90, 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. SWPPX - Performance Comparison
Key characteristics
MKTRX:
1.66
SWPPX:
1.87
MKTRX:
2.30
SWPPX:
2.52
MKTRX:
1.31
SWPPX:
1.34
MKTRX:
1.17
SWPPX:
2.82
MKTRX:
7.74
SWPPX:
11.68
MKTRX:
1.83%
SWPPX:
2.04%
MKTRX:
8.54%
SWPPX:
12.76%
MKTRX:
-59.81%
SWPPX:
-55.06%
MKTRX:
-0.05%
SWPPX:
-0.41%
Returns By Period
The year-to-date returns for both stocks are quite close, with MKTRX having a 4.31% return and SWPPX slightly lower at 4.20%. Over the past 10 years, MKTRX has underperformed SWPPX with an annualized return of 2.47%, while SWPPX has yielded a comparatively higher 13.00% annualized return.
MKTRX
4.31%
1.77%
3.14%
14.01%
2.87%
2.47%
SWPPX
4.20%
1.25%
10.53%
24.42%
14.68%
13.00%
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MKTRX vs. SWPPX - Expense Ratio Comparison
MKTRX has a 1.95% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
MKTRX vs. SWPPX — Risk-Adjusted Performance Rank
MKTRX
SWPPX
MKTRX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MainStay Income Builder Fund (MKTRX) and Schwab S&P 500 Index Fund (SWPPX). 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. SWPPX - Dividend Comparison
MKTRX's dividend yield for the trailing twelve months is around 1.92%, more than SWPPX's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKTRX MainStay Income Builder Fund | 1.92% | 1.98% | 1.89% | 1.47% | 1.48% | 1.31% | 1.89% | 1.94% | 1.70% | 2.30% | 2.85% | 2.78% |
SWPPX Schwab S&P 500 Index Fund | 1.18% | 1.23% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% |
Drawdowns
MKTRX vs. SWPPX - Drawdown Comparison
The maximum MKTRX drawdown since its inception was -59.81%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for MKTRX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
MKTRX vs. SWPPX - Volatility Comparison
The current volatility for MainStay Income Builder Fund (MKTRX) is 2.01%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 3.01%. This indicates that MKTRX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.