NRFYX vs. ESGYX

Last updated Jun 5, 2026

NRFYX (Natixis Funds Trust IV AEW Global Focused Real Estate Fund) and ESGYX (Mirova Global Sustainable Equity Fund) are both mutual funds - NRFYX is a REIT fund managed by Natixis, while ESGYX is a Global Equities fund managed by Natixis. Over the past 5 years, NRFYX returned 1.49%/yr vs 5.92%/yr for ESGYX. A 0.59 correlation means they provide meaningful diversification when combined. NRFYX charges 0.90%/yr vs 0.95%/yr for ESGYX.

Performance

NRFYX vs. ESGYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Natixis Funds Trust IV AEW Global Focused Real Estate Fund (NRFYX) and Mirova Global Sustainable Equity Fund (ESGYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NRFYX achieves a 7.15% return, which is significantly higher than ESGYX's 0.20% return.

NRFYX

• 1D: -0.33%
• 1M: -2.28%
• YTD: 7.15%
• 6M: 7.17%
• 1Y: 10.27%
• 3Y*: 9.13%
• 5Y*: 1.49%
• 10Y*: 4.02%

ESGYX

• 1D: -1.04%
• 1M: 2.78%
• YTD: 0.20%
• 6M: 0.95%
• 1Y: 8.25%
• 3Y*: 11.95%
• 5Y*: 5.92%
• 10Y*: —

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

NRFYX vs. ESGYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NRFYX Natixis Funds Trust IV AEW Global Focused Real Estate Fund	7.15%	7.51%	1.47%	13.42%	-25.75%	28.33%	-5.50%	24.32%	-4.52%	3.50%
ESGYX Mirova Global Sustainable Equity Fund	0.20%	15.23%	13.38%	18.63%	-22.36%	18.06%	32.43%	33.00%	-6.37%	29.83%

Correlation

The correlation between NRFYX and ESGYX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017	0.59

The correlation between NRFYX and ESGYX shifts across timeframes, from 0.42 (1 year) to 0.67 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

NRFYX vs. ESGYX — Risk / Return Rank

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

NRFYX

NRFYX Risk / Return Rank: 15
NRFYX Sharpe Ratio Rank: 14
NRFYX Sortino Ratio Rank: 14
NRFYX Omega Ratio Rank: 13
NRFYX Calmar Ratio Rank: 15
NRFYX Martin Ratio Rank: 18

ESGYX

ESGYX Risk / Return Rank: 10
ESGYX Sharpe Ratio Rank: 10
ESGYX Sortino Ratio Rank: 11
ESGYX Omega Ratio Rank: 10
ESGYX Calmar Ratio Rank: 10
ESGYX Martin Ratio Rank: 11

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.

NRFYX vs. ESGYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Natixis Funds Trust IV AEW Global Focused Real Estate Fund (NRFYX) and Mirova Global Sustainable Equity Fund (ESGYX). 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.

	NRFYX	ESGYX	Difference
Sharpe ratio: Return per unit of total volatility	0.98	0.80	+0.18
Sortino ratio: Return per unit of downside risk	1.44	1.24	+0.19
Omega ratio: Gain probability vs. loss probability	1.17	1.14	+0.03
Calmar ratio: Return relative to maximum drawdown	1.26	0.90	+0.36
Martin ratio: Return relative to average drawdown	4.62	3.06	+1.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NRFYX vs. ESGYX - Sharpe Ratio Comparison

The current NRFYX Sharpe Ratio is 0.98, which is comparable to the ESGYX Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of NRFYX and ESGYX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NRFYX	ESGYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	0.80	+0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	0.35	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.73	-0.40

Drawdowns

NRFYX vs. ESGYX - Drawdown Comparison

The maximum NRFYX drawdown since its inception was -73.64%, which is greater than ESGYX's maximum drawdown of -34.88%. Use the drawdown chart below to compare losses from any high point for NRFYX and ESGYX.

Drawdown Indicators

	NRFYX	ESGYX	Difference
Max Drawdown Largest peak-to-trough decline	-73.64%	-34.88%	-38.76%
Max Drawdown (1Y) Largest decline over 1 year	-10.10%	-11.49%	+1.39%
Max Drawdown (3Y) Largest decline over 3 years	-18.91%	-16.67%	-2.24%
Max Drawdown (5Y) Largest decline over 5 years	-33.95%	-34.88%	+0.93%
Max Drawdown (10Y) Largest decline over 10 years	-40.31%	—	—
Current Drawdown Current decline from peak	-3.78%	-2.10%	-1.68%
Average Drawdown Average peak-to-trough decline	-12.47%	-6.45%	-6.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	3.41%	-0.53%

Volatility

NRFYX vs. ESGYX - Volatility Comparison

Natixis Funds Trust IV AEW Global Focused Real Estate Fund (NRFYX) has a higher volatility of 3.59% compared to Mirova Global Sustainable Equity Fund (ESGYX) at 3.31%. This indicates that NRFYX's price experiences larger fluctuations and is considered to be riskier than ESGYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NRFYX	ESGYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.59%	3.31%	+0.28%
Volatility (6M) Calculated over the trailing 6-month period	9.63%	10.33%	-0.70%
Volatility (1Y) Calculated over the trailing 1-year period	12.99%	13.01%	-0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	17.64%	-0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.38%	17.66%	+0.72%

NRFYX vs. ESGYX - Expense Ratio Comparison

NRFYX has a 0.90% expense ratio, which is lower than ESGYX's 0.95% expense ratio.

Dividends

NRFYX vs. ESGYX - Dividend Comparison

NRFYX's dividend yield for the trailing twelve months is around 3.03%, less than ESGYX's 4.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESGYX Mirova Global Sustainable Equity Fund	4.14%	4.44%	1.99%	0.61%	5.28%	12.16%	0.54%	1.84%	4.39%	1.15%	0.00%	0.00%
NRFYX Natixis Funds Trust IV AEW Global Focused Real Estate Fund	3.03%	2.24%	4.51%	2.66%	3.05%	5.98%	3.81%	17.61%	10.05%	10.64%	11.02%	9.66%

Frequently Asked Questions

Can I hold both NRFYX and ESGYX in my portfolio?

NRFYX and ESGYX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NRFYX or ESGYX?

NRFYX has higher volatility (3.59%) compared to ESGYX (3.31%). In terms of maximum drawdown, NRFYX dropped -73.64% vs ESGYX's -34.88%.

Which has better risk-adjusted returns?

NRFYX currently has the higher Sharpe Ratio (0.98 vs 0.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.