CPOAX vs. TSDUX
CPOAX (Morgan Stanley Insight A) and TSDUX (Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund) are both mutual funds - CPOAX is a Large Cap Growth Equities fund tracking the Russell 3000 Growth Index, while TSDUX is a Ultrashort Bond fund managed by Morgan Stanley. Over the past 10 years, CPOAX returned 15.13%/yr vs 2.67%/yr for TSDUX. Their -0.00 correlation means they have often moved in opposite directions in the past. CPOAX charges 1.15%/yr vs 0.62%/yr for TSDUX.
Performance
CPOAX vs. TSDUX - Performance Comparison
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Returns By Period
In the year-to-date period, CPOAX achieves a -7.80% return, which is significantly lower than TSDUX's 1.91% return. Over the past 10 years, CPOAX has outperformed TSDUX with an annualized return of 15.13%, while TSDUX has yielded a comparatively lower 2.67% annualized return.
CPOAX
- 1D
- -2.37%
- 1M
- -9.05%
- 6M
- -0.21%
- YTD
- -7.80%
- 1Y
- -3.90%
- 3Y*
- 19.22%
- 5Y*
- -4.03%
- 10Y*
- 15.13%
- ALL TIME*
- 10.45%
TSDUX
- 1D
- -0.41%
- 1M
- 0.00%
- 6M
- 1.45%
- YTD
- 1.91%
- 1Y
- 2.71%
- 3Y*
- 4.61%
- 5Y*
- 3.44%
- 10Y*
- 2.67%
- ALL TIME*
- 2.65%
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 |
CPOAX vs. TSDUX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CPOAX Morgan Stanley Insight A | -7.80% | 18.91% | 46.35% | 52.72% | -61.02% | -6.83% | 115.86% | 33.08% | 11.94% | 48.40% |
TSDUX Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund | 1.91% | 3.24% | 6.04% | 5.94% | 0.41% | -0.11% | 2.06% | 2.65% | 1.64% | 1.73% |
Correlation
The correlation between CPOAX and TSDUX is 0.13, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.13 |
Correlation (3Y) Balances recent behavior with more history. | 0.01 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.05 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.01 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2016 | -0.00 |
The correlation between CPOAX and TSDUX shifts across timeframes, from -0.05 (5 years) to 0.13 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CPOAX vs. TSDUX — Risk / Return Rank
CPOAX
TSDUX
CPOAX vs. TSDUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Insight A (CPOAX) and Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund (TSDUX). 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.
| CPOAX | TSDUX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.08 | ||
| Sortino ratioReturn per unit of downside risk | -3.81 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 2.46 | -1.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 7.33 | -7.58 |
| Martin ratioReturn relative to average drawdown | -0.49 | 23.71 | -24.20 |
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Drawdowns
CPOAX vs. TSDUX - Drawdown Comparison
The maximum CPOAX drawdown since its inception was -84.57%, which is greater than TSDUX's maximum drawdown of -3.94%. Use the drawdown chart below to compare losses from any high point for CPOAX and TSDUX.
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Drawdown Indicators
| CPOAX | TSDUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.57% | -3.94% | -80.63% |
Max Drawdown (1Y)Largest decline over 1 year | -28.37% | -0.41% | -27.96% |
Max Drawdown (3Y)Largest decline over 3 years | -31.38% | -0.73% | -30.65% |
Max Drawdown (5Y)Largest decline over 5 years | -70.73% | -1.72% | -69.01% |
Max Drawdown (10Y)Largest decline over 10 years | -71.33% | -3.94% | -67.39% |
Current DrawdownCurrent decline from peak | -26.90% | -0.41% | -26.49% |
Average DrawdownAverage peak-to-trough decline | -39.12% | -0.18% | -38.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.48% | 0.12% | +14.36% |
Volatility
CPOAX vs. TSDUX - Volatility Comparison
Morgan Stanley Insight A (CPOAX) has a higher volatility of 8.05% compared to Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund (TSDUX) at 0.47%. This indicates that CPOAX's price experiences larger fluctuations and is considered to be riskier than TSDUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CPOAX | TSDUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.05% | 0.47% | +7.58% |
Volatility (6M)Calculated over the trailing 6-month period | 23.67% | 0.66% | +23.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.60% | 1.05% | +29.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.99% | 1.12% | +38.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.27% | 1.09% | +33.18% |
CPOAX vs. TSDUX - Expense Ratio Comparison
CPOAX has a 1.15% expense ratio, which is higher than TSDUX's 0.62% expense ratio.
Dividends
CPOAX vs. TSDUX - Dividend Comparison
CPOAX has not paid dividends to shareholders, while TSDUX's dividend yield for the trailing twelve months is around 2.47%.
| Position | 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% |
TSDUX Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund | 2.47% | 3.09% | 5.03% | 1.55% | 6.36% | 0.60% | 1.65% | 2.84% | 2.66% | 2.22% | 1.87% | 0.00% |
Frequently Asked Questions
CPOAX and TSDUX have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CPOAX has higher volatility (8.05%) compared to TSDUX (0.47%). In terms of maximum drawdown, CPOAX dropped -84.57% vs TSDUX's -3.94%.
TSDUX currently has the higher Sharpe Ratio (2.85 vs -0.23), 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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