MMRIX vs. RPXIX
Compare and contrast key facts about MainStay Moderate Allocation Fund (MMRIX) and RiverPark Large Growth Fund (RPXIX).
MMRIX is managed by New York Life Investments. It was launched on Apr 3, 2005. RPXIX is managed by RiverPark Funds. It was launched on Sep 30, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MMRIX or RPXIX.
Correlation
The correlation between MMRIX and RPXIX is 0.85, 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
MMRIX vs. RPXIX - Performance Comparison
Key characteristics
MMRIX:
0.81
RPXIX:
0.67
MMRIX:
1.08
RPXIX:
0.95
MMRIX:
1.15
RPXIX:
1.13
MMRIX:
0.58
RPXIX:
0.33
MMRIX:
3.02
RPXIX:
2.60
MMRIX:
2.30%
RPXIX:
4.37%
MMRIX:
8.62%
RPXIX:
16.99%
MMRIX:
-37.81%
RPXIX:
-59.98%
MMRIX:
-5.02%
RPXIX:
-22.81%
Returns By Period
In the year-to-date period, MMRIX achieves a 2.43% return, which is significantly lower than RPXIX's 5.04% return. Over the past 10 years, MMRIX has underperformed RPXIX with an annualized return of 2.49%, while RPXIX has yielded a comparatively higher 4.76% annualized return.
MMRIX
2.43%
3.34%
1.90%
6.57%
2.68%
2.49%
RPXIX
5.04%
5.46%
9.72%
11.17%
4.42%
4.76%
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MMRIX vs. RPXIX - Expense Ratio Comparison
MMRIX has a 0.09% expense ratio, which is lower than RPXIX's 0.91% expense ratio.
Risk-Adjusted Performance
MMRIX vs. RPXIX — Risk-Adjusted Performance Rank
MMRIX
RPXIX
MMRIX vs. RPXIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MainStay Moderate Allocation Fund (MMRIX) and RiverPark Large Growth Fund (RPXIX). 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
MMRIX vs. RPXIX - Dividend Comparison
MMRIX's dividend yield for the trailing twelve months is around 3.78%, while RPXIX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MMRIX MainStay Moderate Allocation Fund | 3.78% | 3.87% | 0.60% | 1.37% | 3.93% | 1.84% | 2.23% | 2.63% | 2.50% | 2.17% | 2.15% | 2.54% |
RPXIX RiverPark Large Growth Fund | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.66% | 0.15% | 0.26% |
Drawdowns
MMRIX vs. RPXIX - Drawdown Comparison
The maximum MMRIX drawdown since its inception was -37.81%, smaller than the maximum RPXIX drawdown of -59.98%. Use the drawdown chart below to compare losses from any high point for MMRIX and RPXIX. For additional features, visit the drawdowns tool.
Volatility
MMRIX vs. RPXIX - Volatility Comparison
The current volatility for MainStay Moderate Allocation Fund (MMRIX) is 2.14%, while RiverPark Large Growth Fund (RPXIX) has a volatility of 3.85%. This indicates that MMRIX experiences smaller price fluctuations and is considered to be less risky than RPXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.