Correlation
The correlation between MURNX and MSIGX is 0.95, 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.
MURNX vs. MSIGX
Compare and contrast key facts about Mutual of America Investment Corporation - 2050 Retirement Fund (MURNX) and Invesco Main Street Fund (MSIGX).
MURNX is managed by Mutual of America. It was launched on Nov 30, 2021. MSIGX is managed by Invesco. It was launched on Feb 3, 1988.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MURNX or MSIGX.
Performance
MURNX vs. MSIGX - Performance Comparison
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Key characteristics
MURNX:
0.69
MSIGX:
0.59
MURNX:
1.15
MSIGX:
0.93
MURNX:
1.16
MSIGX:
1.14
MURNX:
0.81
MSIGX:
0.59
MURNX:
3.41
MSIGX:
2.17
MURNX:
3.56%
MSIGX:
5.30%
MURNX:
16.17%
MSIGX:
19.91%
MURNX:
-32.96%
MSIGX:
-54.88%
MURNX:
-0.52%
MSIGX:
-3.84%
Returns By Period
In the year-to-date period, MURNX achieves a 4.26% return, which is significantly higher than MSIGX's 1.72% return.
MURNX
4.26%
3.41%
0.70%
11.05%
11.23%
12.23%
N/A
MSIGX
1.72%
4.48%
-1.32%
11.66%
13.60%
13.39%
13.43%
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MURNX vs. MSIGX - Expense Ratio Comparison
MURNX has a 0.08% expense ratio, which is lower than MSIGX's 0.82% expense ratio.
Risk-Adjusted Performance
MURNX vs. MSIGX — Risk-Adjusted Performance Rank
MURNX
MSIGX
MURNX vs. MSIGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mutual of America Investment Corporation - 2050 Retirement Fund (MURNX) and Invesco Main Street Fund (MSIGX). 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.
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Dividends
MURNX vs. MSIGX - Dividend Comparison
MURNX's dividend yield for the trailing twelve months is around 7.07%, more than MSIGX's 5.96% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
MURNX Mutual of America Investment Corporation - 2050 Retirement Fund | 7.07% | 7.37% | 6.58% | 12.36% | 6.40% | 9.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSIGX Invesco Main Street Fund | 5.96% | 6.06% | 7.40% | 4.68% | 19.19% | 3.17% | 8.48% | 19.62% | 7.50% | 2.96% | 13.79% | 11.91% |
Drawdowns
MURNX vs. MSIGX - Drawdown Comparison
The maximum MURNX drawdown since its inception was -32.96%, smaller than the maximum MSIGX drawdown of -54.88%. Use the drawdown chart below to compare losses from any high point for MURNX and MSIGX.
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Volatility
MURNX vs. MSIGX - Volatility Comparison
The current volatility for Mutual of America Investment Corporation - 2050 Retirement Fund (MURNX) is 3.79%, while Invesco Main Street Fund (MSIGX) has a volatility of 4.51%. This indicates that MURNX experiences smaller price fluctuations and is considered to be less risky than MSIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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