MSOAX vs. GQEIX

Last updated Apr 1, 2026

Compare and contrast key facts about MainStay WMC Enduring Capital Fund (MSOAX) and GQG Partners US Select Quality Equity Fund (GQEIX).

MSOAX is managed by New York Life. It was launched on Jun 1, 1998. GQEIX is an actively managed fund by GQG Partners Inc. It was launched on Sep 28, 2018.

Performance

MSOAX vs. GQEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MainStay WMC Enduring Capital Fund (MSOAX) and GQG Partners US Select Quality Equity Fund (GQEIX). The values are adjusted to include any dividend payments, if applicable.

MSOAX vs. GQEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
MSOAX MainStay WMC Enduring Capital Fund	-4.54%	-0.61%	10.54%	17.67%	-13.18%	35.36%	15.48%	24.80%	-15.28%
GQEIX GQG Partners US Select Quality Equity Fund	9.81%	-4.31%	29.20%	17.77%	-2.69%	19.88%	23.88%	27.34%	-7.65%

Returns By Period

In the year-to-date period, MSOAX achieves a -4.54% return, which is significantly lower than GQEIX's 9.81% return.

MSOAX

• 1D: 0.43%
• 1M: -9.07%
• YTD: -4.54%
• 6M: -6.65%
• 1Y: -8.45%
• 3Y*: 6.86%
• 5Y*: 5.87%
• 10Y*: 9.89%

GQEIX

• 1D: 0.68%
• 1M: -1.96%
• YTD: 9.81%
• 6M: 7.96%
• 1Y: 5.78%
• 3Y*: 18.05%
• 5Y*: 12.77%
• 10Y*: —

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

MSOAX vs. GQEIX - Expense Ratio Comparison

MSOAX has a 0.91% expense ratio, which is higher than GQEIX's 0.49% expense ratio.

MSOAX

MainStay WMC Enduring Capital Fund

GQEIX

GQG Partners US Select Quality Equity Fund

Return for Risk

MSOAX vs. GQEIX — Risk / Return Rank

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

MSOAX

MSOAX Risk / Return Rank: 1
MSOAX Sharpe Ratio Rank: 2
MSOAX Sortino Ratio Rank: 1
MSOAX Omega Ratio Rank: 2
MSOAX Calmar Ratio Rank: 1
MSOAX Martin Ratio Rank: 1

GQEIX

GQEIX Risk / Return Rank: 20
GQEIX Sharpe Ratio Rank: 22
GQEIX Sortino Ratio Rank: 20
GQEIX Omega Ratio Rank: 19
GQEIX Calmar Ratio Rank: 24
GQEIX Martin Ratio Rank: 17

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.

MSOAX vs. GQEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MainStay WMC Enduring Capital Fund (MSOAX) and GQG Partners US Select Quality Equity Fund (GQEIX). 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.

	MSOAX	GQEIX	Difference
Sharpe ratio Return per unit of total volatility	-0.48	0.56	-1.04
Sortino ratio Return per unit of downside risk	-0.61	0.82	-1.43
Omega ratio Gain probability vs. loss probability	0.93	1.11	-0.19
Calmar ratio Return relative to maximum drawdown	-0.69	0.69	-1.39
Martin ratio Return relative to average drawdown	-1.50	1.77	-3.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MSOAX vs. GQEIX - Sharpe Ratio Comparison

The current MSOAX Sharpe Ratio is -0.48, which is lower than the GQEIX Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of MSOAX and GQEIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MSOAX	GQEIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.48	0.56	-1.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.81	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.76	-0.40

Correlation

The correlation between MSOAX and GQEIX is 0.72, 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.

Dividends

MSOAX vs. GQEIX - Dividend Comparison

MSOAX's dividend yield for the trailing twelve months is around 4.26%, less than GQEIX's 6.72% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MSOAX MainStay WMC Enduring Capital Fund	4.26%	4.07%	0.26%	0.64%	4.00%	8.70%	0.83%	5.99%	13.82%	0.88%	1.22%	1.11%
GQEIX GQG Partners US Select Quality Equity Fund	6.72%	7.38%	5.41%	0.63%	4.50%	1.50%	0.67%	0.65%	0.12%	0.00%	0.00%	0.00%

Drawdowns

MSOAX vs. GQEIX - Drawdown Comparison

The maximum MSOAX drawdown since its inception was -55.16%, which is greater than GQEIX's maximum drawdown of -28.48%. Use the drawdown chart below to compare losses from any high point for MSOAX and GQEIX.

Drawdown Indicators

	MSOAX	GQEIX	Difference
Max Drawdown Largest peak-to-trough decline	-55.16%	-28.48%	-26.68%
Max Drawdown (1Y) Largest decline over 1 year	-12.32%	-8.67%	-3.65%
Max Drawdown (5Y) Largest decline over 5 years	-21.27%	-20.44%	-0.83%
Max Drawdown (10Y) Largest decline over 10 years	-34.01%	—	—
Current Drawdown Current decline from peak	-14.32%	-6.09%	-8.23%
Average Drawdown Average peak-to-trough decline	-13.31%	-5.69%	-7.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.68%	3.40%	+2.28%

Volatility

MSOAX vs. GQEIX - Volatility Comparison

MainStay WMC Enduring Capital Fund (MSOAX) has a higher volatility of 3.46% compared to GQG Partners US Select Quality Equity Fund (GQEIX) at 2.77%. This indicates that MSOAX's price experiences larger fluctuations and is considered to be riskier than GQEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSOAX	GQEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.46%	2.77%	+0.69%
Volatility (6M) Calculated over the trailing 6-month period	9.03%	7.31%	+1.72%
Volatility (1Y) Calculated over the trailing 1-year period	16.06%	12.46%	+3.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.82%	15.88%	-0.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.74%	18.88%	-1.14%