CPOAX vs. CPODX

Last updated Apr 2, 2026

Compare and contrast key facts about Morgan Stanley Insight A (CPOAX) and Morgan Stanley Insight Fund (CPODX).

CPOAX is a passively managed fund by Morgan Stanley that tracks the performance of the Russell 3000 Growth Index. It was launched on Jan 29, 2002. CPODX is managed by Morgan Stanley. It was launched on Jul 28, 1997.

Performance

CPOAX vs. CPODX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Morgan Stanley Insight A (CPOAX) and Morgan Stanley Insight Fund (CPODX). The values are adjusted to include any dividend payments, if applicable.

CPOAX vs. CPODX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CPOAX Morgan Stanley Insight A	-13.73%	18.91%	46.35%	52.72%	-61.02%	-6.83%	115.86%	33.08%	11.94%	48.40%
CPODX Morgan Stanley Insight Fund	-13.67%	19.23%	46.73%	53.03%	-60.99%	-6.54%	116.44%	33.45%	12.29%	48.76%

Returns By Period

The year-to-date returns for both investments are quite close, with CPOAX having a -13.73% return and CPODX slightly higher at -13.67%. Both investments have delivered pretty close results over the past 10 years, with CPOAX having a 15.06% annualized return and CPODX not far ahead at 15.35%.

CPOAX

• 1D: 4.70%
• 1M: -4.16%
• YTD: -13.73%
• 6M: -22.63%
• 1Y: 12.41%
• 3Y*: 24.44%
• 5Y*: -3.92%
• 10Y*: 15.06%

CPODX

• 1D: 4.72%
• 1M: -4.15%
• YTD: -13.67%
• 6M: -22.53%
• 1Y: 12.75%
• 3Y*: 24.77%
• 5Y*: -3.71%
• 10Y*: 15.35%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CPOAX vs. CPODX - Expense Ratio Comparison

CPOAX has a 1.15% expense ratio, which is higher than CPODX's 0.83% expense ratio.

CPOAX

Morgan Stanley Insight A

CPODX

Morgan Stanley Insight Fund

Return for Risk

CPOAX vs. CPODX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CPOAX

CPOAX Risk / Return Rank: 15
CPOAX Sharpe Ratio Rank: 14
CPOAX Sortino Ratio Rank: 18
CPOAX Omega Ratio Rank: 15
CPOAX Calmar Ratio Rank: 14
CPOAX Martin Ratio Rank: 12

CPODX

CPODX Risk / Return Rank: 15
CPODX Sharpe Ratio Rank: 14
CPODX Sortino Ratio Rank: 18
CPODX Omega Ratio Rank: 15
CPODX Calmar Ratio Rank: 14
CPODX Martin Ratio Rank: 12

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CPOAX vs. CPODX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Insight A (CPOAX) and Morgan Stanley Insight Fund (CPODX). 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.

	CPOAX	CPODX	Difference
Sharpe ratio Return per unit of total volatility	0.43	0.44	-0.01
Sortino ratio Return per unit of downside risk	0.86	0.87	-0.01
Omega ratio Gain probability vs. loss probability	1.11	1.11	0.00
Calmar ratio Return relative to maximum drawdown	0.45	0.46	-0.01
Martin ratio Return relative to average drawdown	1.15	1.18	-0.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CPOAX vs. CPODX - Sharpe Ratio Comparison

The current CPOAX Sharpe Ratio is 0.43, which is comparable to the CPODX Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of CPOAX and CPODX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CPOAX	CPODX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.43	0.44	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.10	-0.09	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.45	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.33	-0.01

Correlation

The correlation between CPOAX and CPODX is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CPOAX vs. CPODX - Dividend Comparison

Neither CPOAX nor CPODX has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CPOAX Morgan Stanley Insight A	0.00%	0.00%	0.61%	0.00%	51.84%	14.94%	9.06%	7.29%	9.33%	28.73%	9.83%	8.92%
CPODX Morgan Stanley Insight Fund	0.00%	0.00%	0.64%	0.00%	41.78%	12.90%	7.97%	6.49%	8.40%	26.14%	9.16%	8.38%

Drawdowns

CPOAX vs. CPODX - Drawdown Comparison

The maximum CPOAX drawdown since its inception was -84.57%, roughly equal to the maximum CPODX drawdown of -84.51%. Use the drawdown chart below to compare losses from any high point for CPOAX and CPODX.

Drawdown Indicators

	CPOAX	CPODX	Difference
Max Drawdown Largest peak-to-trough decline	-84.57%	-84.51%	-0.06%
Max Drawdown (1Y) Largest decline over 1 year	-28.37%	-28.28%	-0.09%
Max Drawdown (5Y) Largest decline over 5 years	-70.73%	-70.71%	-0.02%
Max Drawdown (10Y) Largest decline over 10 years	-71.33%	-71.26%	-0.07%
Current Drawdown Current decline from peak	-31.61%	-30.82%	-0.79%
Average Drawdown Average peak-to-trough decline	-39.31%	-38.54%	-0.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.09%	11.04%	+0.05%

Volatility

CPOAX vs. CPODX - Volatility Comparison

Morgan Stanley Insight A (CPOAX) and Morgan Stanley Insight Fund (CPODX) have volatilities of 10.10% and 10.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CPOAX	CPODX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.10%	10.11%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	22.93%	22.91%	+0.02%
Volatility (1Y) Calculated over the trailing 1-year period	33.54%	33.55%	-0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.87%	39.87%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.91%	33.91%	0.00%