MPISX vs. GQETX
Compare and contrast key facts about BNY Mellon Income Stock Fund (MPISX) and GMO Quality Fund (GQETX).
MPISX is managed by BNY Mellon. It was launched on Oct 2, 2000. GQETX is managed by GMO. It was launched on Feb 6, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MPISX or GQETX.
Correlation
The correlation between MPISX and GQETX is 0.83, 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
MPISX vs. GQETX - Performance Comparison
Key characteristics
MPISX:
1.68
GQETX:
1.54
MPISX:
2.37
GQETX:
2.13
MPISX:
1.31
GQETX:
1.27
MPISX:
2.13
GQETX:
2.64
MPISX:
6.67
GQETX:
9.27
MPISX:
2.73%
GQETX:
1.86%
MPISX:
10.84%
GQETX:
11.18%
MPISX:
-57.46%
GQETX:
-41.46%
MPISX:
-2.88%
GQETX:
-1.41%
Returns By Period
The year-to-date returns for both investments are quite close, with MPISX having a 4.79% return and GQETX slightly higher at 4.88%. Over the past 10 years, MPISX has outperformed GQETX with an annualized return of 10.33%, while GQETX has yielded a comparatively lower 9.63% annualized return.
MPISX
4.79%
0.36%
6.15%
17.10%
12.54%
10.33%
GQETX
4.88%
1.24%
4.96%
15.17%
15.82%
9.63%
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MPISX vs. GQETX - Expense Ratio Comparison
MPISX has a 0.83% expense ratio, which is higher than GQETX's 0.49% expense ratio.
Risk-Adjusted Performance
MPISX vs. GQETX — Risk-Adjusted Performance Rank
MPISX
GQETX
MPISX vs. GQETX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Income Stock Fund (MPISX) and GMO Quality Fund (GQETX). 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
MPISX vs. GQETX - Dividend Comparison
MPISX's dividend yield for the trailing twelve months is around 22.11%, more than GQETX's 0.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MPISX BNY Mellon Income Stock Fund | 22.11% | 23.20% | 13.13% | 26.84% | 21.30% | 2.24% | 9.79% | 12.06% | 9.21% | 5.25% | 12.18% | 13.34% |
GQETX GMO Quality Fund | 0.96% | 1.00% | 0.99% | 1.28% | 5.25% | 1.37% | 1.44% | 1.93% | 1.66% | 1.72% | 2.18% | 2.19% |
Drawdowns
MPISX vs. GQETX - Drawdown Comparison
The maximum MPISX drawdown since its inception was -57.46%, which is greater than GQETX's maximum drawdown of -41.46%. Use the drawdown chart below to compare losses from any high point for MPISX and GQETX. For additional features, visit the drawdowns tool.
Volatility
MPISX vs. GQETX - Volatility Comparison
BNY Mellon Income Stock Fund (MPISX) has a higher volatility of 2.73% compared to GMO Quality Fund (GQETX) at 2.51%. This indicates that MPISX's price experiences larger fluctuations and is considered to be riskier than GQETX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.