Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Morgan Stanley , comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.
Loading graphics...
The earliest data available for this chart is Jun 19, 2018, corresponding to the inception date of XLC
Returns By Period
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.11% | -4.18% | -3.84% | -1.98% | 21.98% | 16.86% | 10.37% | 12.29% |
Portfolio Morgan Stanley | 0.11% | -3.93% | -1.37% | 1.13% | 22.68% | 16.07% | 10.56% | — |
| Portfolio components: | ||||||||
XLC Communication Services Select Sector SPDR Fund | 0.41% | -5.67% | -4.81% | -3.41% | 22.21% | 25.63% | 9.52% | — |
XLY Consumer Discretionary Select Sector SPDR Fund | -1.50% | -6.89% | -9.25% | -8.70% | 14.12% | 14.37% | 5.86% | 11.80% |
XLP State Street Consumer Staples Select Sector SPDR ETF | 0.53% | -5.52% | 6.01% | 6.38% | 2.60% | 5.77% | 6.56% | 7.15% |
XLE State Street Energy Select Sector SPDR ETF | 0.47% | 6.14% | 33.39% | 35.30% | 41.00% | 14.70% | 23.16% | 11.36% |
XLF Financial Select Sector SPDR Fund | 0.18% | -3.33% | -9.10% | -7.00% | 5.46% | 17.30% | 9.41% | 12.53% |
ARKG ARK Genomic Revolution Multi-Sector ETF | 1.00% | -7.29% | -5.56% | -8.92% | 38.60% | -2.76% | -21.01% | 4.74% |
XLV State Street Health Care Select Sector SPDR ETF | -0.62% | -6.14% | -4.77% | 2.22% | 4.40% | 5.64% | 6.45% | 9.60% |
XBI SPDR S&P Biotech ETF | 0.32% | 2.01% | 5.77% | 24.89% | 65.64% | 18.94% | -1.10% | 9.28% |
XLI Industrial Select Sector SPDR Fund | -0.40% | -6.67% | 5.87% | 6.72% | 31.88% | 19.11% | 12.34% | 13.48% |
ITA iShares U.S. Aerospace & Defense ETF | -0.77% | -10.09% | 3.43% | 5.97% | 50.96% | 24.79% | 17.23% | 15.50% |
Monthly Returns
Based on dividend-adjusted daily data since Jun 20, 2018, Morgan Stanley 's average daily return is +0.05%, while the average monthly return is +1.10%. At this rate, your investment would double in approximately 5.3 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +13.6%, while the worst month was Mar 2020 at -12.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, Morgan Stanley closed higher 55% of trading days. The best single day was Mar 24, 2020 with a return of +9.4%, while the worst single day was Mar 16, 2020 at -11.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.85% | 1.13% | -4.93% | 0.73% | -1.37% | ||||||||
| 2025 | 4.01% | -0.70% | -4.39% | -1.00% | 4.10% | 4.92% | 0.87% | 2.43% | 3.44% | 1.95% | 1.15% | 0.52% | 18.30% |
| 2024 | 1.07% | 4.66% | 2.65% | -4.84% | 3.50% | 2.29% | 2.58% | 2.48% | 1.00% | -1.38% | 6.39% | -4.85% | 15.95% |
| 2023 | 5.87% | -2.45% | 2.39% | 1.29% | -0.13% | 6.24% | 3.35% | -2.02% | -4.56% | -2.71% | 9.12% | 5.38% | 22.88% |
| 2022 | -4.67% | -1.44% | 3.10% | -8.48% | 0.47% | -7.30% | 8.26% | -3.51% | -8.47% | 9.56% | 5.09% | -4.78% | -13.44% |
| 2021 | -0.37% | 3.86% | 3.82% | 4.22% | 1.26% | 2.34% | 1.13% | 2.66% | -4.15% | 5.98% | -2.40% | 4.29% | 24.56% |
Benchmark Metrics
Morgan Stanley has an annualized alpha of 1.23%, beta of 0.96, and R² of 0.97 versus S&P 500 Index. Calculated based on daily prices since June 20, 2018.
- With beta of 0.96 and R² of 0.97, this portfolio moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.23%
- Beta
- 0.96
- R²
- 0.97
- Upside Capture
- 100.63%
- Downside Capture
- 97.18%
Expense Ratio
Morgan Stanley has an expense ratio of 0.15%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Top 10 holdings
Return for Risk
Risk / Return Rank
Morgan Stanley ranks 52 for risk / return — on par with similar portfolios. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.01 | 0.88 | +0.13 |
Sortino ratioReturn per unit of downside risk | 1.52 | 1.37 | +0.15 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.21 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 3.05 | 1.39 | +1.66 |
Martin ratioReturn relative to average drawdown | 13.95 | 6.43 | +7.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|---|
XLC Communication Services Select Sector SPDR Fund | 46 | 0.92 | 1.43 | 1.20 | 1.55 | 5.19 |
XLY Consumer Discretionary Select Sector SPDR Fund | 20 | 0.31 | 0.63 | 1.08 | 0.62 | 2.01 |
XLP State Street Consumer Staples Select Sector SPDR ETF | 15 | 0.23 | 0.43 | 1.05 | 0.30 | 0.71 |
XLE State Street Energy Select Sector SPDR ETF | 53 | 1.19 | 1.58 | 1.23 | 1.60 | 4.21 |
XLF Financial Select Sector SPDR Fund | 11 | 0.01 | 0.15 | 1.02 | 0.07 | 0.22 |
ARKG ARK Genomic Revolution Multi-Sector ETF | 35 | 0.70 | 1.29 | 1.15 | 1.29 | 3.43 |
XLV State Street Health Care Select Sector SPDR ETF | 15 | 0.20 | 0.40 | 1.05 | 0.39 | 0.83 |
XBI SPDR S&P Biotech ETF | 92 | 2.13 | 2.83 | 1.36 | 4.90 | 17.98 |
XLI Industrial Select Sector SPDR Fund | 66 | 1.28 | 1.84 | 1.26 | 2.07 | 7.98 |
ITA iShares U.S. Aerospace & Defense ETF | 84 | 1.90 | 2.53 | 1.35 | 2.82 | 10.63 |
Loading graphics...
Dividends
Dividend yield
Morgan Stanley provided a 1.19% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.19% | 1.19% | 1.25% | 1.31% | 1.42% | 1.19% | 1.47% | 1.77% | 1.64% | 1.35% | 3.89% | 1.56% |
| Portfolio components: | ||||||||||||
XLC Communication Services Select Sector SPDR Fund | 1.25% | 1.13% | 0.99% | 0.82% | 1.10% | 0.74% | 0.68% | 0.82% | 0.64% | 0.00% | 0.00% | 0.00% |
XLY Consumer Discretionary Select Sector SPDR Fund | 0.83% | 0.79% | 0.72% | 0.78% | 1.00% | 0.53% | 0.82% | 1.28% | 1.34% | 1.20% | 1.71% | 1.43% |
XLP State Street Consumer Staples Select Sector SPDR ETF | 2.66% | 2.75% | 2.77% | 2.63% | 2.47% | 2.28% | 2.50% | 2.57% | 3.04% | 2.62% | 2.53% | 2.52% |
XLE State Street Energy Select Sector SPDR ETF | 2.52% | 3.28% | 3.36% | 3.55% | 3.68% | 4.21% | 5.62% | 6.72% | 3.54% | 3.03% | 2.26% | 3.39% |
XLF Financial Select Sector SPDR Fund | 1.60% | 1.31% | 1.42% | 1.71% | 2.04% | 1.63% | 2.03% | 1.87% | 2.08% | 1.48% | 21.10% | 1.95% |
ARKG ARK Genomic Revolution Multi-Sector ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.62% | 0.85% | 3.14% | 0.82% | 1.34% | 0.00% | 0.00% |
XLV State Street Health Care Select Sector SPDR ETF | 1.71% | 1.60% | 1.67% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.57% | 1.47% | 1.60% | 1.43% |
XBI SPDR S&P Biotech ETF | 0.34% | 0.37% | 0.15% | 0.02% | 0.00% | 0.04% | 0.20% | 0.00% | 0.28% | 0.24% | 0.26% | 0.61% |
XLI Industrial Select Sector SPDR Fund | 1.25% | 1.29% | 1.44% | 1.63% | 1.63% | 1.25% | 1.55% | 1.94% | 2.15% | 1.77% | 2.07% | 2.15% |
ITA iShares U.S. Aerospace & Defense ETF | 0.48% | 0.55% | 0.85% | 0.93% | 0.95% | 0.82% | 1.07% | 1.54% | 1.13% | 0.91% | 1.07% | 1.04% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the Morgan Stanley . A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Morgan Stanley was 34.47%, occurring on Mar 23, 2020. Recovery took 100 trading sessions.
The current Morgan Stanley drawdown is 4.36%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.47% | Feb 20, 2020 | 23 | Mar 23, 2020 | 100 | Aug 12, 2020 | 123 |
| -21.54% | Jan 5, 2022 | 192 | Sep 30, 2022 | 203 | Jul 18, 2023 | 395 |
| -20.71% | Sep 21, 2018 | 67 | Dec 24, 2018 | 87 | Apr 29, 2019 | 154 |
| -17.15% | Feb 20, 2025 | 34 | Apr 8, 2025 | 55 | Jun 26, 2025 | 89 |
| -10.7% | Aug 1, 2023 | 64 | Oct 27, 2023 | 25 | Dec 1, 2023 | 89 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 15 assets, with an effective number of assets of 9.88, reflecting the diversification based on asset allocation. This number of effective assets indicates a moderate level of diversification, where some assets may have a more significant influence on overall performance.
Asset Correlations Table
| Benchmark | XLVP.L | XLE | XLP | XBI | ARKG | ITA | XLV | IGV | XLC | XLF | XLK | XLB | XLY | XLI | IWM | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.40 | 0.44 | 0.51 | 0.59 | 0.62 | 0.65 | 0.67 | 0.79 | 0.82 | 0.74 | 0.90 | 0.74 | 0.86 | 0.81 | 0.82 | 0.97 |
| XLVP.L | 0.40 | 1.00 | 0.19 | 0.36 | 0.35 | 0.33 | 0.26 | 0.64 | 0.27 | 0.29 | 0.34 | 0.28 | 0.38 | 0.29 | 0.35 | 0.34 | 0.46 |
| XLE | 0.44 | 0.19 | 1.00 | 0.25 | 0.28 | 0.24 | 0.50 | 0.30 | 0.22 | 0.31 | 0.55 | 0.27 | 0.55 | 0.34 | 0.54 | 0.53 | 0.51 |
| XLP | 0.51 | 0.36 | 0.25 | 1.00 | 0.25 | 0.20 | 0.39 | 0.59 | 0.27 | 0.38 | 0.47 | 0.33 | 0.53 | 0.41 | 0.50 | 0.40 | 0.52 |
| XBI | 0.59 | 0.35 | 0.28 | 0.25 | 1.00 | 0.84 | 0.43 | 0.55 | 0.58 | 0.53 | 0.43 | 0.53 | 0.45 | 0.54 | 0.48 | 0.72 | 0.67 |
| ARKG | 0.62 | 0.33 | 0.24 | 0.20 | 0.84 | 1.00 | 0.42 | 0.49 | 0.66 | 0.58 | 0.41 | 0.60 | 0.46 | 0.61 | 0.48 | 0.73 | 0.69 |
| ITA | 0.65 | 0.26 | 0.50 | 0.39 | 0.43 | 0.42 | 1.00 | 0.44 | 0.46 | 0.47 | 0.65 | 0.49 | 0.63 | 0.56 | 0.82 | 0.70 | 0.71 |
| XLV | 0.67 | 0.64 | 0.30 | 0.59 | 0.55 | 0.49 | 0.44 | 1.00 | 0.48 | 0.51 | 0.54 | 0.51 | 0.58 | 0.50 | 0.58 | 0.55 | 0.72 |
| IGV | 0.79 | 0.27 | 0.22 | 0.27 | 0.58 | 0.66 | 0.46 | 0.48 | 1.00 | 0.73 | 0.46 | 0.85 | 0.48 | 0.71 | 0.54 | 0.66 | 0.77 |
| XLC | 0.82 | 0.29 | 0.31 | 0.38 | 0.53 | 0.58 | 0.47 | 0.51 | 0.73 | 1.00 | 0.56 | 0.75 | 0.56 | 0.75 | 0.58 | 0.66 | 0.79 |
| XLF | 0.74 | 0.34 | 0.55 | 0.47 | 0.43 | 0.41 | 0.65 | 0.54 | 0.46 | 0.56 | 1.00 | 0.52 | 0.73 | 0.63 | 0.79 | 0.75 | 0.78 |
| XLK | 0.90 | 0.28 | 0.27 | 0.33 | 0.53 | 0.60 | 0.49 | 0.51 | 0.85 | 0.75 | 0.52 | 1.00 | 0.56 | 0.76 | 0.62 | 0.67 | 0.84 |
| XLB | 0.74 | 0.38 | 0.55 | 0.53 | 0.45 | 0.46 | 0.63 | 0.58 | 0.48 | 0.56 | 0.73 | 0.56 | 1.00 | 0.64 | 0.82 | 0.75 | 0.78 |
| XLY | 0.86 | 0.29 | 0.34 | 0.41 | 0.54 | 0.61 | 0.56 | 0.50 | 0.71 | 0.75 | 0.63 | 0.76 | 0.64 | 1.00 | 0.69 | 0.76 | 0.83 |
| XLI | 0.81 | 0.35 | 0.54 | 0.50 | 0.48 | 0.48 | 0.82 | 0.58 | 0.54 | 0.58 | 0.79 | 0.62 | 0.82 | 0.69 | 1.00 | 0.82 | 0.85 |
| IWM | 0.82 | 0.34 | 0.53 | 0.40 | 0.72 | 0.73 | 0.70 | 0.55 | 0.66 | 0.66 | 0.75 | 0.67 | 0.75 | 0.76 | 0.82 | 1.00 | 0.89 |
| Portfolio | 0.97 | 0.46 | 0.51 | 0.52 | 0.67 | 0.69 | 0.71 | 0.72 | 0.77 | 0.79 | 0.78 | 0.84 | 0.78 | 0.83 | 0.85 | 0.89 | 1.00 |