Correlation
The correlation between MLAAX and VIIIX is 0.92, 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. VIIIX
Compare and contrast key facts about MainStay Winslow Large Cap Growth Fund (MLAAX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX).
MLAAX is managed by New York Life Investments. It was launched on Jul 3, 1995. VIIIX is managed by Vanguard. It was launched on Jul 7, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MLAAX or VIIIX.
Performance
MLAAX vs. VIIIX - Performance Comparison
Loading data...
Key characteristics
MLAAX:
0.62
VIIIX:
0.70
MLAAX:
1.00
VIIIX:
1.04
MLAAX:
1.14
VIIIX:
1.15
MLAAX:
0.69
VIIIX:
0.69
MLAAX:
2.35
VIIIX:
2.63
MLAAX:
6.67%
VIIIX:
4.92%
MLAAX:
25.83%
VIIIX:
19.79%
MLAAX:
-48.85%
VIIIX:
-55.18%
MLAAX:
-2.48%
VIIIX:
-3.42%
Returns By Period
In the year-to-date period, MLAAX achieves a 2.83% return, which is significantly higher than VIIIX's 1.05% return. Over the past 10 years, MLAAX has outperformed VIIIX with an annualized return of 14.81%, while VIIIX has yielded a comparatively lower 12.82% annualized return.
MLAAX
2.83%
10.21%
2.28%
15.87%
20.93%
15.68%
14.81%
VIIIX
1.05%
6.46%
-0.81%
13.73%
14.14%
15.92%
12.82%
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. VIIIX - Expense Ratio Comparison
MLAAX has a 0.93% expense ratio, which is higher than VIIIX's 0.02% expense ratio.
Risk-Adjusted Performance
MLAAX vs. VIIIX — Risk-Adjusted Performance Rank
MLAAX
VIIIX
MLAAX vs. VIIIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MainStay Winslow Large Cap Growth Fund (MLAAX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX). 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. VIIIX - Dividend Comparison
MLAAX's dividend yield for the trailing twelve months is around 21.91%, more than VIIIX's 2.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLAAX MainStay Winslow Large Cap Growth Fund | 21.91% | 22.53% | 10.61% | 14.96% | 26.64% | 5.41% | 11.55% | 23.59% | 17.20% | 13.18% | 13.61% | 10.53% |
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares | 2.55% | 2.59% | 2.98% | 3.39% | 4.79% | 3.07% | 2.86% | 2.45% | 1.84% | 2.38% | 2.47% | 1.90% |
Drawdowns
MLAAX vs. VIIIX - Drawdown Comparison
The maximum MLAAX drawdown since its inception was -48.85%, smaller than the maximum VIIIX drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for MLAAX and VIIIX.
Loading data...
Volatility
MLAAX vs. VIIIX - Volatility Comparison
MainStay Winslow Large Cap Growth Fund (MLAAX) has a higher volatility of 5.66% compared to Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) at 4.77%. This indicates that MLAAX's price experiences larger fluctuations and is considered to be riskier than VIIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...