MSPIX vs. VOO
Compare and contrast key facts about MainStay S&P 500 Index Fund (MSPIX) and Vanguard S&P 500 ETF (VOO).
MSPIX is managed by New York Life Investments. It was launched on Jan 2, 1991. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSPIX or VOO.
Correlation
The correlation between MSPIX and VOO is 0.99, 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
MSPIX vs. VOO - Performance Comparison
Key characteristics
MSPIX:
0.49
VOO:
0.75
MSPIX:
0.81
VOO:
1.15
MSPIX:
1.12
VOO:
1.17
MSPIX:
0.46
VOO:
0.77
MSPIX:
1.60
VOO:
3.04
MSPIX:
6.07%
VOO:
4.72%
MSPIX:
19.80%
VOO:
19.15%
MSPIX:
-55.30%
VOO:
-33.99%
MSPIX:
-9.80%
VOO:
-7.30%
Returns By Period
The year-to-date returns for both stocks are quite close, with MSPIX having a -3.00% return and VOO slightly lower at -3.02%. Over the past 10 years, MSPIX has underperformed VOO with an annualized return of 4.12%, while VOO has yielded a comparatively higher 12.53% annualized return.
MSPIX
-3.00%
0.34%
-4.07%
9.12%
10.53%
4.12%
VOO
-3.02%
0.35%
-0.14%
13.67%
16.73%
12.53%
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MSPIX vs. VOO - Expense Ratio Comparison
MSPIX has a 0.25% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
MSPIX vs. VOO — Risk-Adjusted Performance Rank
MSPIX
VOO
MSPIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MainStay S&P 500 Index Fund (MSPIX) and Vanguard S&P 500 ETF (VOO). 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
MSPIX vs. VOO - Dividend Comparison
MSPIX's dividend yield for the trailing twelve months is around 1.19%, less than VOO's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSPIX MainStay S&P 500 Index Fund | 1.19% | 1.16% | 1.30% | 1.55% | 1.09% | 1.34% | 2.27% | 2.20% | 1.88% | 2.56% | 1.88% | 1.55% |
VOO Vanguard S&P 500 ETF | 1.34% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
MSPIX vs. VOO - Drawdown Comparison
The maximum MSPIX drawdown since its inception was -55.30%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MSPIX and VOO. For additional features, visit the drawdowns tool.
Volatility
MSPIX vs. VOO - Volatility Comparison
MainStay S&P 500 Index Fund (MSPIX) and Vanguard S&P 500 ETF (VOO) have volatilities of 14.13% and 13.90%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.