- ISIN
- US6176972064
- Issuer
- Morningstar
- Inception Date
- Nov 2, 2018
- Category
- Foreign Large Cap Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
Share Price Chart
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Performance
MSTFX Performance Chart
Morningstar International Equity Fund (MSTFX) is up 12.2% since the beginning of the year. MSTFX is currently trading at $13 per share. Investors who bought $1,000 worth of MSTFX shares 5 years ago would now be looking at an investment worth $1,276.
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Returns By Period
Morningstar International Equity Fund (MSTFX) has returned 12.15% so far this year and 14.72% over the past 12 months.
Morningstar International Equity Fund
- 1D
- 1.05%
- 1M
- 2.53%
- YTD
- 12.15%
- 6M
- 12.91%
- 1Y
- 14.72%
- 3Y*
- 10.23%
- 5Y*
- 4.99%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
MSTFX Monthly Returns History
Based on dividend-adjusted daily data since Nov 5, 2018, MSTFX's average daily return is +0.04%, while the average monthly return is +0.75%. At this rate, an investment would double in approximately 7.7 years.
Historically, 57% of months were positive and 43% were negative. The best month was Nov 2020 with a return of +17.6%, while the worst month was Mar 2020 at -18.2%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 4 months.
On a daily basis, MSTFX closed higher 51% of trading days. The best single day was Apr 9, 2025 with a return of +6.3%, while the worst single day was Mar 16, 2020 at -10.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.24% | 3.08% | -8.65% | 6.64% | 3.24% | 0.88% | 12.15% | ||||||
| 2025 | 5.80% | -0.77% | 1.36% | 2.01% | 4.50% | 3.05% | -0.61% | 4.20% | 2.69% | 1.55% | -0.00% | -7.52% | 16.75% |
| 2024 | -3.15% | 2.94% | 2.56% | -1.63% | 3.42% | -1.89% | 2.50% | 2.54% | 2.75% | -5.08% | -1.32% | -1.90% | 1.29% |
| 2023 | 10.21% | -3.63% | 2.82% | 1.02% | -3.32% | 5.20% | 3.56% | -5.35% | -3.23% | -4.17% | 8.27% | 4.65% | 15.57% |
| 2022 | -0.18% | -5.36% | -2.02% | -6.27% | 2.93% | -7.82% | 2.86% | -4.71% | -10.11% | 3.00% | 15.90% | -2.25% | -15.36% |
| 2021 | -0.84% | 4.40% | 1.62% | 1.52% | 3.77% | -1.06% | -1.53% | 1.17% | -2.46% | 2.13% | -5.40% | 4.19% | 7.25% |
Benchmark Metrics
Morningstar International Equity Fund has an annualized alpha of -2.05%, beta of 0.75, and R2 of 0.61 versus S&P 500 Index. Calculated based on daily prices since November 05, 2018.
- This fund participated in 99.34% of S&P 500 Index downside but only 77.76% of its upside - more exposed to losses than it benefited from rallies.
- This fund had an annualized alpha of -2.05% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -2.05%
- Beta
- 0.75
- R²
- 0.61
- Upside Capture
- 77.76%
- Downside Capture
- 99.34%
Expense Ratio
MSTFX has a high expense ratio of 1.00%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
MSTFX ranks 18 for risk / return — in the bottom 18% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Morningstar International Equity Fund (MSTFX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MSTFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.01 | ||
| Sortino ratioReturn per unit of downside risk | -1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.37 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 2.78 | -1.15 |
| Martin ratioReturn relative to average drawdown | 4.93 | 12.44 | -7.51 |
Dividends
Dividend History
Morningstar International Equity Fund provided a 2.29% dividend yield over the last twelve months, with an annual payout of $0.29 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.29 | $0.29 | $0.47 | $0.24 | $0.32 | $1.72 | $0.33 | $0.30 | $0.03 |
Dividend yield | 2.29% | 2.56% | 4.80% | 2.38% | 3.60% | 15.59% | 2.76% | 2.65% | 0.27% |
Monthly Dividends
The table displays the monthly dividend distributions for Morningstar International Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.47 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.72 | $1.72 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Morningstar International Equity Fund. 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 Morningstar International Equity Fund was 35.86%, occurring on Mar 18, 2020. Recovery took 169 trading sessions.
The current Morningstar International Equity Fund drawdown is 0.16%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -35.86%Mar 2020 | 2mo 15d | 8mo 3d | 10mo 18dJan 2020 - Nov 2020 |
Bear market2022 | -31.51%Oct 2022 | 1y 4mo | 1y 11mo | 3y 3moJun 2021 - Sep 2024 |
2025 selloff2025 | -13.93%Apr 2025 | 19d | 28d | 1mo 17dMar 2025 - May 2025 |
2026 correction2026 | -11.37%Mar 2026 | 1mo 2d | 1mo 28d | 3moFeb 2026 - May 2026 |
2025 correction2025 | -10.26%Jan 2025 | 3mo 18d | 2mo 3d | 5mo 21dSep 2024 - Mar 2025 |
Drawdown Indicators
| MSTFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.86% | -56.78% | +20.92% |
Max Drawdown (1Y)Largest decline over 1 year | -11.37% | -9.10% | -2.27% |
Max Drawdown (3Y)Largest decline over 3 years | -13.93% | -18.90% | +4.97% |
Max Drawdown (5Y)Largest decline over 5 years | -30.48% | -25.43% | -5.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.16% | -1.80% | +1.64% |
Average DrawdownAverage peak-to-trough decline | -7.77% | -10.71% | +2.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.52% | 2.03% | +1.49% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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