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MLAAX vs. TSLX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MLAAX and TSLX is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

MLAAX vs. TSLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MainStay Winslow Large Cap Growth Fund (MLAAX) and Sixth Street Specialty Lending, Inc. (TSLX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

MLAAX:

0.72

TSLX:

1.01

Sortino Ratio

MLAAX:

0.99

TSLX:

1.55

Omega Ratio

MLAAX:

1.14

TSLX:

1.22

Calmar Ratio

MLAAX:

0.69

TSLX:

1.15

Martin Ratio

MLAAX:

2.32

TSLX:

4.15

Ulcer Index

MLAAX:

6.67%

TSLX:

4.62%

Daily Std Dev

MLAAX:

25.82%

TSLX:

17.73%

Max Drawdown

MLAAX:

-48.85%

TSLX:

-50.27%

Current Drawdown

MLAAX:

-2.18%

TSLX:

0.00%

Returns By Period

In the year-to-date period, MLAAX achieves a 3.14% return, which is significantly lower than TSLX's 12.31% return. Both investments have delivered pretty close results over the past 10 years, with MLAAX having a 14.88% annualized return and TSLX not far behind at 14.23%.


MLAAX

YTD

3.14%

1M

8.60%

6M

1.81%

1Y

18.64%

3Y*

21.29%

5Y*

15.75%

10Y*

14.88%

TSLX

YTD

12.31%

1M

13.57%

6M

13.82%

1Y

16.61%

3Y*

15.95%

5Y*

18.12%

10Y*

14.23%

*Annualized

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Risk-Adjusted Performance

MLAAX vs. TSLX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MLAAX
The Risk-Adjusted Performance Rank of MLAAX is 5353
Overall Rank
The Sharpe Ratio Rank of MLAAX is 5252
Sharpe Ratio Rank
The Sortino Ratio Rank of MLAAX is 5151
Sortino Ratio Rank
The Omega Ratio Rank of MLAAX is 5050
Omega Ratio Rank
The Calmar Ratio Rank of MLAAX is 6262
Calmar Ratio Rank
The Martin Ratio Rank of MLAAX is 5151
Martin Ratio Rank

TSLX
The Risk-Adjusted Performance Rank of TSLX is 8181
Overall Rank
The Sharpe Ratio Rank of TSLX is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of TSLX is 7878
Sortino Ratio Rank
The Omega Ratio Rank of TSLX is 7878
Omega Ratio Rank
The Calmar Ratio Rank of TSLX is 8585
Calmar Ratio Rank
The Martin Ratio Rank of TSLX is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MLAAX vs. TSLX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MainStay Winslow Large Cap Growth Fund (MLAAX) and Sixth Street Specialty Lending, Inc. (TSLX). 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 MLAAX Sharpe Ratio is 0.72, which is comparable to the TSLX Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of MLAAX and TSLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

MLAAX vs. TSLX - Dividend Comparison

MLAAX's dividend yield for the trailing twelve months is around 21.85%, more than TSLX's 8.93% yield.


TTM20242023202220212020201920182017201620152014
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%
TSLX
Sixth Street Specialty Lending, Inc.
8.93%11.97%9.72%10.34%15.35%11.08%8.43%9.84%10.81%8.35%9.62%9.10%

Drawdowns

MLAAX vs. TSLX - Drawdown Comparison

The maximum MLAAX drawdown since its inception was -48.85%, roughly equal to the maximum TSLX drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for MLAAX and TSLX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

MLAAX vs. TSLX - Volatility Comparison

MainStay Winslow Large Cap Growth Fund (MLAAX) has a higher volatility of 5.66% compared to Sixth Street Specialty Lending, Inc. (TSLX) at 5.12%. This indicates that MLAAX's price experiences larger fluctuations and is considered to be riskier than TSLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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