Correlation
The correlation between MLAAX and FSPGX is 0.91, 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.
MLAAX vs. FSPGX
Compare and contrast key facts about MainStay Winslow Large Cap Growth Fund (MLAAX) and Fidelity Large Cap Growth Index Fund (FSPGX).
MLAAX is managed by New York Life Investments. It was launched on Jul 3, 1995. FSPGX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MLAAX or FSPGX.
Performance
MLAAX vs. FSPGX - Performance Comparison
Loading data...
Key characteristics
MLAAX:
0.72
FSPGX:
0.70
MLAAX:
0.99
FSPGX:
1.02
MLAAX:
1.14
FSPGX:
1.14
MLAAX:
0.69
FSPGX:
0.67
MLAAX:
2.32
FSPGX:
2.22
MLAAX:
6.67%
FSPGX:
7.05%
MLAAX:
25.82%
FSPGX:
25.52%
MLAAX:
-48.85%
FSPGX:
-32.66%
MLAAX:
-2.18%
FSPGX:
-4.29%
Returns By Period
In the year-to-date period, MLAAX achieves a 3.14% return, which is significantly higher than FSPGX's -0.26% return.
MLAAX
3.14%
8.60%
1.81%
18.64%
21.29%
15.75%
14.88%
FSPGX
-0.26%
7.54%
0.63%
17.58%
19.84%
17.66%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MLAAX vs. FSPGX - Expense Ratio Comparison
MLAAX has a 0.93% expense ratio, which is higher than FSPGX's 0.04% expense ratio.
Risk-Adjusted Performance
MLAAX vs. FSPGX — Risk-Adjusted Performance Rank
MLAAX
FSPGX
MLAAX vs. FSPGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MainStay Winslow Large Cap Growth Fund (MLAAX) and Fidelity Large Cap Growth Index Fund (FSPGX). 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.
Loading data...
Dividends
MLAAX vs. FSPGX - Dividend Comparison
MLAAX's dividend yield for the trailing twelve months is around 21.85%, more than FSPGX's 0.37% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLAAX MainStay Winslow Large Cap Growth Fund | 21.85% | 22.54% | 10.61% | 14.95% | 26.64% | 5.40% | 11.55% | 23.59% | 17.20% | 13.18% | 13.61% | 10.52% |
FSPGX Fidelity Large Cap Growth Index Fund | 0.37% | 0.37% | 0.73% | 0.86% | 2.22% | 1.76% | 1.04% | 1.47% | 1.22% | 0.30% | 0.00% | 0.00% |
Drawdowns
MLAAX vs. FSPGX - Drawdown Comparison
The maximum MLAAX drawdown since its inception was -48.85%, which is greater than FSPGX's maximum drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for MLAAX and FSPGX.
Loading data...
Volatility
MLAAX vs. FSPGX - Volatility Comparison
MainStay Winslow Large Cap Growth Fund (MLAAX) and Fidelity Large Cap Growth Index Fund (FSPGX) have volatilities of 5.66% and 5.87%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...