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MSXAX vs. MSOAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MSXAX vs. MSOAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NYLI S&P 500 Index Class A (MSXAX) and MainStay WMC Enduring Capital Fund (MSOAX). The values are adjusted to include any dividend payments, if applicable.

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MSXAX vs. MSOAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MSXAX
NYLI S&P 500 Index Class A
-7.16%17.26%23.98%25.96%-18.52%28.13%17.86%30.69%-4.71%21.07%
MSOAX
MainStay WMC Enduring Capital Fund
-4.54%-0.61%10.54%17.67%-13.18%35.36%15.48%24.80%-7.00%23.82%

Returns By Period

In the year-to-date period, MSXAX achieves a -7.16% return, which is significantly lower than MSOAX's -4.54% return. Over the past 10 years, MSXAX has outperformed MSOAX with an annualized return of 13.18%, while MSOAX has yielded a comparatively lower 9.89% annualized return.


MSXAX

1D
-0.40%
1M
-7.71%
YTD
-7.16%
6M
-4.84%
1Y
13.86%
3Y*
16.56%
5Y*
10.85%
10Y*
13.18%

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

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MSXAX vs. MSOAX - Expense Ratio Comparison

MSXAX has a 0.52% expense ratio, which is lower than MSOAX's 0.91% expense ratio.


Return for Risk

MSXAX vs. MSOAX — Risk / Return Rank

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

MSXAX
MSXAX Risk / Return Rank: 4141
Overall Rank
MSXAX Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
MSXAX Sortino Ratio Rank: 4141
Sortino Ratio Rank
MSXAX Omega Ratio Rank: 4545
Omega Ratio Rank
MSXAX Calmar Ratio Rank: 3535
Calmar Ratio Rank
MSXAX Martin Ratio Rank: 4646
Martin Ratio Rank

MSOAX
MSOAX Risk / Return Rank: 11
Overall Rank
MSOAX Sharpe Ratio Rank: 22
Sharpe Ratio Rank
MSOAX Sortino Ratio Rank: 11
Sortino Ratio Rank
MSOAX Omega Ratio Rank: 22
Omega Ratio Rank
MSOAX Calmar Ratio Rank: 11
Calmar Ratio Rank
MSOAX Martin Ratio Rank: 11
Martin Ratio Rank
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.

MSXAX vs. MSOAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NYLI S&P 500 Index Class A (MSXAX) and MainStay WMC Enduring Capital Fund (MSOAX). 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.


MSXAXMSOAXDifference

Sharpe ratio

Return per unit of total volatility

0.81

-0.48

+1.29

Sortino ratio

Return per unit of downside risk

1.26

-0.61

+1.87

Omega ratio

Gain probability vs. loss probability

1.19

0.93

+0.26

Calmar ratio

Return relative to maximum drawdown

0.95

-0.69

+1.64

Martin ratio

Return relative to average drawdown

4.60

-1.50

+6.10

MSXAX vs. MSOAX - Sharpe Ratio Comparison

The current MSXAX Sharpe Ratio is 0.81, which is higher than the MSOAX Sharpe Ratio of -0.48. The chart below compares the historical Sharpe Ratios of MSXAX and MSOAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


MSXAXMSOAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.81

-0.48

+1.29

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.65

0.37

+0.27

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.73

0.56

+0.17

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.36

+0.15

Correlation

The correlation between MSXAX and MSOAX is 0.94, 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

MSXAX vs. MSOAX - Dividend Comparison

MSXAX's dividend yield for the trailing twelve months is around 1.14%, less than MSOAX's 4.26% yield.


TTM20252024202320222021202020192018201720162015
MSXAX
NYLI S&P 500 Index Class A
1.14%1.06%5.20%4.04%10.30%4.44%8.78%17.42%14.49%15.18%9.63%5.53%
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%

Drawdowns

MSXAX vs. MSOAX - Drawdown Comparison

The maximum MSXAX drawdown since its inception was -55.48%, roughly equal to the maximum MSOAX drawdown of -55.16%. Use the drawdown chart below to compare losses from any high point for MSXAX and MSOAX.


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Drawdown Indicators


MSXAXMSOAXDifference

Max Drawdown

Largest peak-to-trough decline

-55.48%

-55.16%

-0.32%

Max Drawdown (1Y)

Largest decline over 1 year

-12.11%

-12.32%

+0.21%

Max Drawdown (5Y)

Largest decline over 5 years

-24.78%

-21.27%

-3.51%

Max Drawdown (10Y)

Largest decline over 10 years

-33.79%

-34.01%

+0.22%

Current Drawdown

Current decline from peak

-8.97%

-14.32%

+5.35%

Average Drawdown

Average peak-to-trough decline

-7.21%

-13.31%

+6.10%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.58%

5.68%

-3.10%

Volatility

MSXAX vs. MSOAX - Volatility Comparison

NYLI S&P 500 Index Class A (MSXAX) has a higher volatility of 4.24% compared to MainStay WMC Enduring Capital Fund (MSOAX) at 3.46%. This indicates that MSXAX's price experiences larger fluctuations and is considered to be riskier than MSOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MSXAXMSOAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.24%

3.46%

+0.78%

Volatility (6M)

Calculated over the trailing 6-month period

9.09%

9.03%

+0.06%

Volatility (1Y)

Calculated over the trailing 1-year period

18.13%

16.06%

+2.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.87%

15.82%

+1.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.03%

17.74%

+0.29%