ZGFIX vs. EPSYX

Last updated Jun 4, 2026

ZGFIX (Ninety One Global Franchise Fund) and EPSYX (MainStay Epoch Global Equity Yield Fund) are both Global Equities funds. Over the past 5 years, ZGFIX returned 5.60%/yr vs 13.14%/yr for EPSYX. A 0.80 correlation means they provide meaningful diversification when combined. ZGFIX charges 0.85%/yr vs 0.84%/yr for EPSYX.

Performance

ZGFIX vs. EPSYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ninety One Global Franchise Fund (ZGFIX) and MainStay Epoch Global Equity Yield Fund (EPSYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ZGFIX achieves a -3.73% return, which is significantly lower than EPSYX's 19.79% return.

ZGFIX

• 1D: -1.06%
• 1M: 1.81%
• YTD: -3.73%
• 6M: -2.34%
• 1Y: 2.81%
• 3Y*: 10.51%
• 5Y*: 5.60%
• 10Y*: —

EPSYX

• 1D: 1.10%
• 1M: 7.64%
• YTD: 19.79%
• 6M: 20.90%
• 1Y: 34.73%
• 3Y*: 22.21%
• 5Y*: 13.14%
• 10Y*: 10.46%

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

ZGFIX vs. EPSYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ZGFIX Ninety One Global Franchise Fund	-3.73%	18.56%	7.83%	19.38%	-18.04%	18.58%	16.72%	28.13%	-4.07%
EPSYX MainStay Epoch Global Equity Yield Fund	19.79%	22.09%	15.38%	12.50%	-5.37%	17.40%	-1.38%	23.19%	-4.81%

Correlation

The correlation between ZGFIX and EPSYX is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (All Time) Calculated using the full available price history since Mar 21, 2018	0.80

The correlation between ZGFIX and EPSYX shifts across timeframes, from 0.64 (1 year) to 0.80 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ZGFIX vs. EPSYX — Risk / Return Rank

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

ZGFIX

ZGFIX Risk / Return Rank: 4
ZGFIX Sharpe Ratio Rank: 4
ZGFIX Sortino Ratio Rank: 4
ZGFIX Omega Ratio Rank: 4
ZGFIX Calmar Ratio Rank: 4
ZGFIX Martin Ratio Rank: 4

EPSYX

EPSYX Risk / Return Rank: 92
EPSYX Sharpe Ratio Rank: 96
EPSYX Sortino Ratio Rank: 93
EPSYX Omega Ratio Rank: 89
EPSYX Calmar Ratio Rank: 92
EPSYX Martin Ratio Rank: 92

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.

ZGFIX vs. EPSYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ninety One Global Franchise Fund (ZGFIX) and MainStay Epoch Global Equity Yield Fund (EPSYX). 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.

	ZGFIX	EPSYX	Difference
Sharpe ratio: Return per unit of total volatility	0.24	3.46	-3.22
Sortino ratio: Return per unit of downside risk	0.41	4.72	-4.32
Omega ratio: Gain probability vs. loss probability	1.05	1.63	-0.58
Calmar ratio: Return relative to maximum drawdown	0.21	4.92	-4.71
Martin ratio: Return relative to average drawdown	0.58	19.49	-18.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ZGFIX vs. EPSYX - Sharpe Ratio Comparison

The current ZGFIX Sharpe Ratio is 0.24, which is lower than the EPSYX Sharpe Ratio of 3.46. The chart below compares the historical Sharpe Ratios of ZGFIX and EPSYX, 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

	ZGFIX	EPSYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.24	3.46	-3.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	1.01	-0.64
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.54	+0.02

Drawdowns

ZGFIX vs. EPSYX - Drawdown Comparison

The maximum ZGFIX drawdown since its inception was -28.51%, smaller than the maximum EPSYX drawdown of -48.92%. Use the drawdown chart below to compare losses from any high point for ZGFIX and EPSYX.

Drawdown Indicators

	ZGFIX	EPSYX	Difference
Max Drawdown Largest peak-to-trough decline	-28.51%	-48.92%	+20.41%
Max Drawdown (1Y) Largest decline over 1 year	-13.14%	-7.22%	-5.92%
Max Drawdown (3Y) Largest decline over 3 years	-13.14%	-12.95%	-0.19%
Max Drawdown (5Y) Largest decline over 5 years	-27.19%	-18.92%	-8.27%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.35%	—
Current Drawdown Current decline from peak	-6.02%	0.00%	-6.02%
Average Drawdown Average peak-to-trough decline	-5.21%	-6.90%	+1.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.65%	1.82%	+2.83%

Volatility

ZGFIX vs. EPSYX - Volatility Comparison

The current volatility for Ninety One Global Franchise Fund (ZGFIX) is 2.97%, while MainStay Epoch Global Equity Yield Fund (EPSYX) has a volatility of 3.46%. This indicates that ZGFIX experiences smaller price fluctuations and is considered to be less risky than EPSYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ZGFIX	EPSYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.97%	3.46%	-0.49%
Volatility (6M) Calculated over the trailing 6-month period	9.05%	7.93%	+1.12%
Volatility (1Y) Calculated over the trailing 1-year period	11.39%	10.28%	+1.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.20%	13.07%	+2.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.58%	14.89%	+1.69%

ZGFIX vs. EPSYX - Expense Ratio Comparison

ZGFIX has a 0.85% expense ratio, which is higher than EPSYX's 0.84% expense ratio.

Dividends

ZGFIX vs. EPSYX - Dividend Comparison

ZGFIX's dividend yield for the trailing twelve months is around 8.31%, more than EPSYX's 6.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPSYX MainStay Epoch Global Equity Yield Fund	6.64%	8.24%	10.13%	2.71%	2.64%	2.66%	2.74%	6.87%	9.87%	2.24%	3.18%	9.65%
ZGFIX Ninety One Global Franchise Fund	8.31%	8.00%	0.23%	0.33%	0.37%	0.13%	0.38%	0.89%	0.81%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ZGFIX and EPSYX in my portfolio?

ZGFIX and EPSYX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ZGFIX or EPSYX?

EPSYX has higher volatility (3.46%) compared to ZGFIX (2.97%). In terms of maximum drawdown, ZGFIX dropped -28.51% vs EPSYX's -48.92%.

Which has better risk-adjusted returns?

EPSYX currently has the higher Sharpe Ratio (3.46 vs 0.24), 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.