MSIGX vs. LTNYX
MSIGX (Invesco Main Street Fund) and LTNYX (Invesco Rochester Limited Term New York Municipal Fund) are both mutual funds - MSIGX is a Large Cap Blend Equities fund managed by Invesco, while LTNYX is a Municipal Bonds fund managed by Invesco. Over the past 10 years, MSIGX returned 12.06%/yr vs 2.30%/yr for LTNYX. At a correlation of -0.00, they often move in opposite directions. MSIGX charges 0.82%/yr vs 0.75%/yr for LTNYX.
Performance
MSIGX vs. LTNYX - Performance Comparison
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Returns By Period
In the year-to-date period, MSIGX achieves a 5.31% return, which is significantly higher than LTNYX's 1.29% return. Over the past 10 years, MSIGX has outperformed LTNYX with an annualized return of 12.06%, while LTNYX has yielded a comparatively lower 2.30% annualized return.
MSIGX
- 1D
- -0.65%
- 1M
- 0.11%
- YTD
- 5.31%
- 6M
- 4.42%
- 1Y
- 17.85%
- 3Y*
- 17.55%
- 5Y*
- 10.51%
- 10Y*
- 12.06%
LTNYX
- 1D
- 0.00%
- 1M
- 1.03%
- YTD
- 1.29%
- 6M
- 1.60%
- 1Y
- 4.67%
- 3Y*
- 3.41%
- 5Y*
- 1.15%
- 10Y*
- 2.30%
MSIGX vs. LTNYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSIGX Invesco Main Street Fund | 5.31% | 16.02% | 23.66% | 23.06% | -20.21% | 27.37% | 14.41% | 22.49% | -8.25% | 16.79% |
LTNYX Invesco Rochester Limited Term New York Municipal Fund | 1.29% | 4.23% | 3.40% | 3.70% | -7.40% | 2.67% | 3.32% | 7.28% | 10.39% | -3.51% |
Correlation
The correlation between MSIGX and LTNYX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 1991 | -0.00 |
The correlation between MSIGX and LTNYX shifts across timeframes, from -0.00 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MSIGX vs. LTNYX — Risk / Return Rank
MSIGX
LTNYX
MSIGX vs. LTNYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Main Street Fund (MSIGX) and Invesco Rochester Limited Term New York Municipal Fund (LTNYX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MSIGX | LTNYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.63 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 1.93 | 3.17 | -1.24 |
| Martin ratioReturn relative to average drawdown | 7.78 | 11.90 | -4.12 |
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Drawdowns
MSIGX vs. LTNYX - Drawdown Comparison
The maximum MSIGX drawdown since its inception was -57.22%, which is greater than LTNYX's maximum drawdown of -13.78%. Use the drawdown chart below to compare losses from any high point for MSIGX and LTNYX.
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Drawdown Indicators
| MSIGX | LTNYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.22% | -13.78% | -43.44% |
Max Drawdown (1Y)Largest decline over 1 year | -10.96% | -1.77% | -9.19% |
Max Drawdown (3Y)Largest decline over 3 years | -19.91% | -3.91% | -16.00% |
Max Drawdown (5Y)Largest decline over 5 years | -26.73% | -10.76% | -15.97% |
Max Drawdown (10Y)Largest decline over 10 years | -35.41% | -10.76% | -24.65% |
Current DrawdownCurrent decline from peak | -1.29% | -0.00% | -1.29% |
Average DrawdownAverage peak-to-trough decline | -8.98% | -1.43% | -7.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | 0.45% | +2.15% |
Volatility
MSIGX vs. LTNYX - Volatility Comparison
Invesco Main Street Fund (MSIGX) has a higher volatility of 4.63% compared to Invesco Rochester Limited Term New York Municipal Fund (LTNYX) at 0.92%. This indicates that MSIGX's price experiences larger fluctuations and is considered to be riskier than LTNYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSIGX | LTNYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.63% | 0.92% | +3.71% |
Volatility (6M)Calculated over the trailing 6-month period | 10.06% | 2.08% | +7.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.89% | 2.87% | +10.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.00% | 3.48% | +13.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.94% | 3.56% | +14.38% |
MSIGX vs. LTNYX - Expense Ratio Comparison
MSIGX has a 0.82% expense ratio, which is higher than LTNYX's 0.75% expense ratio.
Dividends
MSIGX vs. LTNYX - Dividend Comparison
MSIGX's dividend yield for the trailing twelve months is around 7.12%, more than LTNYX's 2.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LTNYX Invesco Rochester Limited Term New York Municipal Fund | 2.37% | 3.74% | 3.71% | 2.54% | 2.31% | 2.96% | 2.89% | 3.35% | 3.16% | 3.24% | 3.71% | 3.94% |
MSIGX Invesco Main Street Fund | 7.12% | 7.50% | 6.06% | 7.40% | 4.68% | 19.19% | 3.17% | 0.89% | 19.62% | 7.50% | 2.96% | 13.79% |
Frequently Asked Questions
MSIGX and LTNYX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSIGX has higher volatility (4.63%) compared to LTNYX (0.92%). In terms of maximum drawdown, MSIGX dropped -57.22% vs LTNYX's -13.78%.
LTNYX currently has the higher Sharpe Ratio (1.96 vs 1.64), 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.
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