MSXAX vs. VOO
Compare and contrast key facts about NYLI S&P 500 Index Class A (MSXAX) and Vanguard S&P 500 ETF (VOO).
MSXAX is a passively managed fund by New York Life that tracks the performance of the S&P 500 Index. It was launched on Jan 2, 2004. 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. Both MSXAX and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
MSXAX vs. VOO - Performance Comparison
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MSXAX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
VOO Vanguard S&P 500 ETF | -4.42% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Returns By Period
In the year-to-date period, MSXAX achieves a -7.16% return, which is significantly lower than VOO's -4.42% return. Over the past 10 years, MSXAX has underperformed VOO with an annualized return of 13.18%, while VOO has yielded a comparatively higher 14.05% 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%
VOO
- 1D
- 2.86%
- 1M
- -5.01%
- YTD
- -4.42%
- 6M
- -1.84%
- 1Y
- 17.67%
- 3Y*
- 18.27%
- 5Y*
- 11.75%
- 10Y*
- 14.05%
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MSXAX vs. VOO - Expense Ratio Comparison
MSXAX has a 0.52% expense ratio, which is higher than VOO's 0.03% expense ratio.
Return for Risk
MSXAX vs. VOO — Risk / Return Rank
MSXAX
VOO
MSXAX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NYLI S&P 500 Index Class A (MSXAX) 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.
| MSXAX | VOO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.81 | 0.98 | -0.17 |
Sortino ratioReturn per unit of downside risk | 1.26 | 1.50 | -0.24 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.23 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 0.95 | 1.53 | -0.58 |
Martin ratioReturn relative to average drawdown | 4.60 | 7.29 | -2.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MSXAX | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.81 | 0.98 | -0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.70 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.78 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.83 | -0.32 |
Correlation
The correlation between MSXAX and VOO is 1.00, 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. VOO - Dividend Comparison
MSXAX's dividend yield for the trailing twelve months is around 1.14%, less than VOO's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Drawdowns
MSXAX vs. VOO - Drawdown Comparison
The maximum MSXAX drawdown since its inception was -55.48%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MSXAX and VOO.
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Drawdown Indicators
| MSXAX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.48% | -33.99% | -21.49% |
Max Drawdown (1Y)Largest decline over 1 year | -12.11% | -11.98% | -0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -24.78% | -24.52% | -0.26% |
Max Drawdown (10Y)Largest decline over 10 years | -33.79% | -33.99% | +0.20% |
Current DrawdownCurrent decline from peak | -8.97% | -6.29% | -2.68% |
Average DrawdownAverage peak-to-trough decline | -7.21% | -3.72% | -3.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 2.52% | +0.06% |
Volatility
MSXAX vs. VOO - Volatility Comparison
The current volatility for NYLI S&P 500 Index Class A (MSXAX) is 4.24%, while Vanguard S&P 500 ETF (VOO) has a volatility of 5.29%. This indicates that MSXAX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSXAX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.24% | 5.29% | -1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 9.09% | 9.44% | -0.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.13% | 18.10% | +0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.87% | 16.82% | +0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.03% | 17.99% | +0.04% |