MDNIX Performance — MainStay Defensive ETF Allocation Fund, Class I
Data updated: 2024-03-25
MDNIX returned +3.97% over one year to Jan 2024. The annualised 3-year return is −0.01%. The fund trailed its Alternative category average: $100 invested three years ago grew to $100, against $107 for the category, and to $104 over one year, against $110. Volatility over the past three years was 8.35% a year. In the 12 months to Jan 2024 the fund lost a net $1.6M, and assets reached $8.98M.
MDNIX Growth of $100
What $100 invested in MainStay Defensive ETF Allocation Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | MDNIX | Category average |
|---|---|---|
| 1 year (Feb 2023 – Jan 2024) | $104 | $110 |
| 3 years (Feb 2021 – Jan 2024) | $100 | $107 |
| Since data start (Jul 2020 – Jan 2024) | $105 | $119 |
MDNIX Trailing Returns
Total returns to Jan 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +3.97% |
| 3 years (annualised) | −0.01% |
MDNIX Annual Returns
Calendar-year total returns of MainStay Defensive ETF Allocation Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jan) | 0.00% |
| 2023 | +8.12% |
| 2022 | −10.45% |
| 2021 | +2.57% |
| 2020 (Jul–Dec) | +5.25% |
MDNIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.0% | — | — | — | — | — | — | — | — | — | — | — |
| 2023 | +4.0% | −2.1% | +1.2% | +0.4% | −1.4% | +1.6% | +0.9% | −0.9% | −2.6% | −1.8% | +5.0% | +3.9% |
| 2022 | −2.6% | −0.8% | −1.0% | −4.0% | +0.8% | −4.4% | +4.3% | −2.9% | −4.6% | +2.3% | +3.9% | −1.5% |
| 2021 | −0.7% | −0.5% | +0.3% | +1.3% | +0.9% | +0.4% | +0.8% | +0.3% | −1.6% | +1.2% | −1.0% | +1.3% |
| 2020 | — | — | — | — | — | — | +2.2% | +0.5% | −0.8% | −1.0% | +3.2% | +1.1% |
MDNIX Risk
Risk measures from monthly returns over Feb 2021 – Jan 2024.
- 3-year volatility (annualised): 8.35%
- 3-year Sharpe ratio: -0.54 (vs 4.5% risk-free rate)
- Best month: +4.95% (Nov 2023)
- Worst month: −4.62% (Sep 2022)
MDNIX Fund Flows
Monthly money in and out of MainStay Defensive ETF Allocation Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.6M
- 12-month gross sales (incl. reinvestments): $3.6M
- Sales ÷ redemptions: 0.69×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2024 | $172K | $1.9M | −$1.7M |
| Dec 2023 | $218K | $537K | −$319K |
| Nov 2023 | $159K | $515K | −$356K |
| Oct 2023 | $191K | $106K | $85K |
| Sep 2023 | $127K | $142K | −$16K |
| Aug 2023 | $169K | $137K | $32K |
| Jul 2023 | $277K | $252K | $25K |
| Jun 2023 | $648K | $176K | $472K |
| May 2023 | $567K | $358K | $209K |
| Apr 2023 | $258K | $481K | −$223K |
| Mar 2023 | $626K | $372K | $254K |
| Feb 2023 | $155K | $237K | −$81K |
MDNIX Assets Under Management
Net assets of MainStay Defensive ETF Allocation Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-01-31 | $8.98M |
| 2023-10-31 | $10.57M |
| 2023-07-31 | $11.15M |
| 2023-04-30 | $10.41M |
| 2023-01-31 | $10.63M |
| 2022-10-31 | $9.86M |
| 2022-07-31 | $10.20M |
| 2022-04-30 | $9.82M |
| 2022-01-31 | $9.47M |
| 2021-10-31 | $9.46M |
| 2021-07-31 | $8.76M |
| 2021-04-30 | $10.91M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.