Morgan Stanley Global Permanence Portfolio (MGKQX) belongs to the Global Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MGKQX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MGKQX
MGKQX charges 0.95% annually. There are 113 mutual funds in the Global Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Global Equity Allocation Fund | 0.01% | — | Nov 1996 | MGKQX vs GMGEX | |
| GMO Global Developed Equity Allocation Fund | 0.01% | — | Jun 2005 | MGKQX vs GWOAX | |
| State Street Global All Cap Equity ex-U.S. Index F... | 0.07% | — | Sep 2014 | MGKQX vs SSGLX | |
| Vanguard Total World Stock Index Fund Admiral Shar... | 0.09% | 95.30B | Feb 2019 | MGKQX vs VTWAX | |
| USAA Cornerstone Equity Fund | 0.09% | — | Jun 2012 | MGKQX vs UCEQX |
Best Risk-Adjusted Alternatives to MGKQX
MGKQX has a PortfoliosLab risk / return rank of 1. There are 247 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LSV Global Value Fund | 94 | — | Jun 2014 | MGKQX vs LVAGX | |
| Polaris Global Value Fund | 91 | — | May 1998 | MGKQX vs PGVFX | |
| MainStay Epoch Global Equity Yield Fund | 90 | — | Dec 2005 | MGKQX vs EPSYX | |
| PGIM Jennison Global Equity Income Fund | 88 | — | Dec 1997 | MGKQX vs AGOCX | |
| John Hancock Global Shareholder Yield Fund | 88 | — | Feb 2007 | MGKQX vs JGYIX |
Top Performing MGKQX Alternatives (YTD)
MGKQX is at -2.99% YTD. There are 232 mutual funds in the Global Equities category with higher YTD returns, going as high as 34.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Global Technology Fund I Class | 34.82% | — | Nov 2016 | MGKQX vs PGTIX | |
| Oberweis Global Opportunities Fund | 27.07% | — | Jan 1987 | MGKQX vs OBEGX | |
| Ariel Global Fund | 24.60% | — | Dec 2011 | MGKQX vs AGLOX | |
| LSV Global Value Fund | 21.70% | — | Jun 2014 | MGKQX vs LVAGX | |
| Fidelity Advisor Worldwide Fund Class Z | 20.42% | — | Oct 2018 | MGKQX vs FIQOX |
Lowest Volatility Alternatives to MGKQX
MGKQX has 25.94% 1-year volatility. There are 245 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 7.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Global Minimum Volatility Fund Investor S... | 7.03% | 2.00B | Dec 2013 | MGKQX vs VMVFX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 7.05% | 2.00B | Dec 2013 | MGKQX vs VMNVX | |
| SEI Institutional Managed Trust Global Managed Vol... | 7.19% | — | Jul 2006 | MGKQX vs SVTAX | |
| MFS Global Total Return Fund Class I | 7.57% | — | Sep 1990 | MGKQX vs MFWIX | |
| SEI Institutional Investments Trust Global Managed... | 7.68% | — | Jan 2016 | MGKQX vs SGMAX |
Lowest Drawdown Alternatives to MGKQX
MGKQX has a 1-year max drawdown of -25.97%. There are 244 mutual funds in the Global Equities category with shallower 1-year drawdowns, going as shallow as -5.21%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | -5.21% | — | Jun 2019 | MGKQX vs RTXAX | |
| LSV Global Managed Volatility Fund | -5.76% | — | Jun 2014 | MGKQX vs LVAFX | |
| SEI Institutional Investments Trust Global Managed... | -5.88% | — | Jan 2016 | MGKQX vs SGMAX | |
| SEI Institutional Managed Trust Global Managed Vol... | -5.99% | — | Jul 2006 | MGKQX vs SVTAX | |
| Cohen & Steers Global Infrastructure Fund Class A | -5.99% | — | Aug 2017 | MGKQX vs CSUAX |
Other Mutual Funds from Morgan Stanley
The 10 most viewed Morgan Stanley mutual funds shown here include MSEQX, MACGX, CPOAX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Morgan Stanley Growth Portfolio Class I | Large Cap Growth Equities | 3 | -8.36% | — | Apr 1991 | MGKQX vs MSEQX | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 2 | -1.87% | — | Mar 1990 | MGKQX vs MACGX | |
| Morgan Stanley Insight A | Large Cap Growth Equities | 3 | -3.92% | — | Jan 2002 | MGKQX vs CPOAX | |
| Morgan Stanley Emerging Markets Domestic Fund | Emerging Markets Bonds | 23 | 8.70% | — | Apr 2007 | MGKQX vs EDD | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 2 | -1.79% | — | Mar 1990 | MGKQX vs MPEGX | |
| Morgan Stanley Growth Portfolio | Large Cap Growth Equities | 3 | -8.81% | — | Apr 2017 | MGKQX vs MEGIX | |
| Morgan Stanley Insight Fund | Large Cap Growth Equities | 3 | -3.80% | — | Jul 1997 | MGKQX vs CPODX | |
| Morgan Stanley Global Fixed Income Opportunities F... | Multisector Bonds | — | — | — | Jul 1997 | MGKQX vs DINDX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | Ultrashort Bond | 99 | 1.47% | — | Apr 2016 | MGKQX vs MUIIX | |
| Morgan Stanley Institutional Growth Portfolio | Large Cap Growth Equities | 3 | -8.48% | — | Apr 1991 | MGKQX vs MSEGX |
Often Compared With MGKQX
Investors most often compare MGKQX with VTSAX, SCHG, MGK. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare MGKQX with Any Fund or Stock
Compare MGKQX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MGKQX with funds that move differently
Morgan Stanley Global Permanence Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MGKQX.
Explore MGKQX Diversifiers