BQMGX vs. MMGPX
BQMGX (Bright Rock Mid Cap Growth Fund) and MMGPX (Morgan Stanley Discovery Portfolio) are both Mid Cap Growth Equities funds. Over the past 5 years, BQMGX returned 2.47%/yr vs -6.51%/yr for MMGPX. Their 0.64 correlation means they have sometimes moved together and sometimes differently. BQMGX charges 1.07%/yr vs 0.04%/yr for MMGPX.
Performance
BQMGX vs. MMGPX - Performance Comparison
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Returns By Period
In the year-to-date period, BQMGX achieves a 1.02% return, which is significantly higher than MMGPX's -2.74% return.
BQMGX
- 1D
- 0.34%
- 1M
- 0.46%
- 6M
- -0.54%
- YTD
- 1.02%
- 1Y
- -1.20%
- 3Y*
- 4.86%
- 5Y*
- 2.47%
- 10Y*
- 8.98%
- ALL TIME*
- 9.44%
MMGPX
- 1D
- -1.80%
- 1M
- -5.59%
- 6M
- 3.05%
- YTD
- -2.74%
- 1Y
- -12.13%
- 3Y*
- 17.27%
- 5Y*
- -6.51%
- 10Y*
- —
- ALL TIME*
- 14.64%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
BQMGX vs. MMGPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BQMGX Bright Rock Mid Cap Growth Fund | 1.02% | -0.29% | 14.16% | 13.00% | -19.44% | 23.02% | 19.62% | 32.05% | -6.68% | 19.44% |
MMGPX Morgan Stanley Discovery Portfolio | -2.74% | 12.58% | 41.83% | 44.34% | -63.37% | -11.55% | 152.67% | 40.20% | 10.89% | 28.18% |
Correlation
The correlation between BQMGX and MMGPX is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.51 |
Correlation (3Y) Balances recent behavior with more history. | 0.59 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.67 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.64 |
The correlation between BQMGX and MMGPX shifts across timeframes, from 0.51 (1 year) to 0.67 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
BQMGX vs. MMGPX — Risk / Return Rank
BQMGX
MMGPX
BQMGX vs. MMGPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bright Rock Mid Cap Growth Fund (BQMGX) and Morgan Stanley Discovery Portfolio (MMGPX). 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.
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.
| BQMGX | MMGPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.95 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.20 | -0.45 | +0.25 |
| Martin ratioReturn relative to average drawdown | -0.42 | -0.85 | +0.44 |
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Drawdowns
BQMGX vs. MMGPX - Drawdown Comparison
The maximum BQMGX drawdown since its inception was -36.05%, smaller than the maximum MMGPX drawdown of -75.38%. Use the drawdown chart below to compare losses from any high point for BQMGX and MMGPX.
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Drawdown Indicators
| BQMGX | MMGPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.05% | -75.38% | +39.33% |
Max Drawdown (1Y)Largest decline over 1 year | -11.62% | -27.79% | +16.17% |
Max Drawdown (3Y)Largest decline over 3 years | -18.72% | -29.27% | +10.55% |
Max Drawdown (5Y)Largest decline over 5 years | -25.92% | -72.70% | +46.78% |
Max Drawdown (10Y)Largest decline over 10 years | -36.05% | — | — |
Current DrawdownCurrent decline from peak | -5.13% | -41.88% | +36.75% |
Average DrawdownAverage peak-to-trough decline | -5.88% | -30.40% | +24.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.51% | 14.51% | -9.00% |
Volatility
BQMGX vs. MMGPX - Volatility Comparison
The current volatility for Bright Rock Mid Cap Growth Fund (BQMGX) is 3.29%, while Morgan Stanley Discovery Portfolio (MMGPX) has a volatility of 6.82%. This indicates that BQMGX experiences smaller price fluctuations and is considered to be less risky than MMGPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BQMGX | MMGPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.29% | 6.82% | -3.53% |
Volatility (6M)Calculated over the trailing 6-month period | 9.38% | 21.95% | -12.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.41% | 28.95% | -16.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.85% | 39.82% | -22.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.92% | 35.11% | -17.19% |
BQMGX vs. MMGPX - Expense Ratio Comparison
BQMGX has a 1.07% expense ratio, which is higher than MMGPX's 0.04% expense ratio.
Dividends
BQMGX vs. MMGPX - Dividend Comparison
BQMGX's dividend yield for the trailing twelve months is around 4.08%, while MMGPX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BQMGX Bright Rock Mid Cap Growth Fund | 4.08% | 4.12% | 5.99% | 0.00% | 5.90% | 8.05% | 5.27% | 3.50% | 0.00% | 0.08% | 1.07% | 5.80% |
MMGPX Morgan Stanley Discovery Portfolio | 0.00% | 0.43% | 0.00% | 0.00% | 125.40% | 64.53% | 7.93% | 15.63% | 28.02% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BQMGX and MMGPX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MMGPX has higher volatility (6.82%) compared to BQMGX (3.29%). In terms of maximum drawdown, BQMGX dropped -36.05% vs MMGPX's -75.38%.
BQMGX currently has the higher Sharpe Ratio (-0.19 vs -0.43), 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.
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