MLAIX vs. LSVQX

Last updated Jun 5, 2026

MLAIX (NYLI Winslow Large Cap Growth Fund Class I) and LSVQX (LSV Small Cap Value Fund) are both mutual funds - MLAIX is a Large Cap Growth Equities fund actively managed by NYLI, while LSVQX is a Small Cap Value Equities fund managed by LSV. Over the past 10 years, MLAIX returned 17.27%/yr vs 8.80%/yr for LSVQX. A 0.59 correlation means they provide meaningful diversification when combined. MLAIX charges 0.69%/yr vs 0.83%/yr for LSVQX.

Performance

MLAIX vs. LSVQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NYLI Winslow Large Cap Growth Fund Class I (MLAIX) and LSV Small Cap Value Fund (LSVQX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MLAIX achieves a 5.50% return, which is significantly lower than LSVQX's 13.01% return. Over the past 10 years, MLAIX has outperformed LSVQX with an annualized return of 17.27%, while LSVQX has yielded a comparatively lower 8.80% annualized return.

MLAIX

• 1D: -0.74%
• 1M: 5.87%
• YTD: 5.50%
• 6M: 4.32%
• 1Y: 14.70%
• 3Y*: 22.64%
• 5Y*: 12.65%
• 10Y*: 17.27%

LSVQX

• 1D: -0.67%
• 1M: 1.26%
• YTD: 13.01%
• 6M: 13.33%
• 1Y: 28.02%
• 3Y*: 14.80%
• 5Y*: 7.50%
• 10Y*: 8.80%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MLAIX vs. LSVQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MLAIX NYLI Winslow Large Cap Growth Fund Class I	5.50%	14.60%	29.26%	43.32%	-31.27%	25.21%	37.37%	33.47%	4.06%	32.39%
LSVQX LSV Small Cap Value Fund	13.01%	7.31%	4.23%	19.02%	-6.24%	34.54%	-5.98%	20.59%	-17.41%	6.12%

Correlation

The correlation between MLAIX and LSVQX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (10Y) Calculated over the trailing 10-year period	0.53
Correlation (All Time) Calculated using the full available price history since Mar 4, 2013	0.59

The correlation between MLAIX and LSVQX shifts across timeframes, from 0.41 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MLAIX vs. LSVQX — Risk / Return Rank

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

MLAIX

MLAIX Risk / Return Rank: 11
MLAIX Sharpe Ratio Rank: 13
MLAIX Sortino Ratio Rank: 13
MLAIX Omega Ratio Rank: 13
MLAIX Calmar Ratio Rank: 9
MLAIX Martin Ratio Rank: 9

LSVQX

LSVQX Risk / Return Rank: 46
LSVQX Sharpe Ratio Rank: 37
LSVQX Sortino Ratio Rank: 40
LSVQX Omega Ratio Rank: 35
LSVQX Calmar Ratio Rank: 71
LSVQX Martin Ratio Rank: 46

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MLAIX vs. LSVQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NYLI Winslow Large Cap Growth Fund Class I (MLAIX) and LSV Small Cap Value Fund (LSVQX). 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.

	MLAIX	LSVQX	Difference
Sharpe ratio: Return per unit of total volatility	0.96	1.75	-0.79
Sortino ratio: Return per unit of downside risk	1.39	2.59	-1.21
Omega ratio: Gain probability vs. loss probability	1.17	1.31	-0.14
Calmar ratio: Return relative to maximum drawdown	0.77	3.21	-2.43
Martin ratio: Return relative to average drawdown	2.27	9.49	-7.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MLAIX vs. LSVQX - Sharpe Ratio Comparison

The current MLAIX Sharpe Ratio is 0.96, which is lower than the LSVQX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of MLAIX and LSVQX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MLAIX	LSVQX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.96	1.75	-0.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.37	+0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.36	+0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.40	+0.18

Drawdowns

MLAIX vs. LSVQX - Drawdown Comparison

The maximum MLAIX drawdown since its inception was -48.73%, smaller than the maximum LSVQX drawdown of -54.77%. Use the drawdown chart below to compare losses from any high point for MLAIX and LSVQX.

Drawdown Indicators

	MLAIX	LSVQX	Difference
Max Drawdown Largest peak-to-trough decline	-48.73%	-54.77%	+6.04%
Max Drawdown (1Y) Largest decline over 1 year	-20.28%	-8.48%	-11.80%
Max Drawdown (3Y) Largest decline over 3 years	-22.58%	-25.76%	+3.18%
Max Drawdown (5Y) Largest decline over 5 years	-39.20%	-25.76%	-13.44%
Max Drawdown (10Y) Largest decline over 10 years	-39.20%	-54.77%	+15.57%
Current Drawdown Current decline from peak	-0.74%	-0.67%	-0.07%
Average Drawdown Average peak-to-trough decline	-8.35%	-7.45%	-0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.89%	2.86%	+4.03%

Volatility

MLAIX vs. LSVQX - Volatility Comparison

The current volatility for NYLI Winslow Large Cap Growth Fund Class I (MLAIX) is 3.76%, while LSV Small Cap Value Fund (LSVQX) has a volatility of 4.15%. This indicates that MLAIX experiences smaller price fluctuations and is considered to be less risky than LSVQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MLAIX	LSVQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.76%	4.15%	-0.39%
Volatility (6M) Calculated over the trailing 6-month period	12.34%	10.42%	+1.92%
Volatility (1Y) Calculated over the trailing 1-year period	16.38%	15.63%	+0.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.35%	20.36%	+1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.88%	24.30%	-0.42%

MLAIX vs. LSVQX - Expense Ratio Comparison

MLAIX has a 0.69% expense ratio, which is lower than LSVQX's 0.83% expense ratio.

Dividends

MLAIX vs. LSVQX - Dividend Comparison

MLAIX's dividend yield for the trailing twelve months is around 17.73%, more than LSVQX's 7.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LSVQX LSV Small Cap Value Fund	7.19%	8.13%	1.78%	4.73%	2.02%	1.45%	1.83%	2.04%	7.00%	4.78%	2.35%	3.59%
MLAIX NYLI Winslow Large Cap Growth Fund Class I	17.73%	18.71%	18.18%	8.86%	12.91%	23.19%	4.85%	10.44%	21.60%	16.10%	12.42%	12.96%

Frequently Asked Questions

Can I hold both MLAIX and LSVQX in my portfolio?

MLAIX and LSVQX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MLAIX or LSVQX?

LSVQX has higher volatility (4.15%) compared to MLAIX (3.76%). In terms of maximum drawdown, MLAIX dropped -48.73% vs LSVQX's -54.77%.

Which has better risk-adjusted returns?

LSVQX currently has the higher Sharpe Ratio (1.75 vs 0.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.