CPOAX vs. VTI

Last updated Apr 16, 2026

CPOAX (Morgan Stanley Insight A) and VTI (Vanguard Total Stock Market ETF) are both funds — CPOAX is a Large Cap Growth Equities fund tracking the Russell 3000 Growth Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Over the past 10 years, CPOAX returned 15.39%/yr vs 14.38%/yr for VTI. A 0.80 correlation means they provide meaningful diversification when combined. CPOAX charges 1.15%/yr vs 0.03%/yr for VTI.

Performance

CPOAX vs. VTI - Performance Comparison

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

Returns By Period

In the year-to-date period, CPOAX achieves a -10.07% return, which is significantly lower than VTI's 3.30% return. Over the past 10 years, CPOAX has outperformed VTI with an annualized return of 15.39%, while VTI has yielded a comparatively lower 14.38% annualized return.

CPOAX

• 1D: 2.52%
• 1M: 0.44%
• YTD: -10.07%
• 6M: -18.81%
• 1Y: 20.02%
• 3Y*: 26.52%
• 5Y*: -4.22%
• 10Y*: 15.39%

VTI

• 1D: 0.76%
• 1M: 5.12%
• YTD: 3.30%
• 6M: 5.76%
• 1Y: 32.47%
• 3Y*: 20.57%
• 5Y*: 11.27%
• 10Y*: 14.38%

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

CPOAX vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CPOAX Morgan Stanley Insight A	-10.07%	18.91%	46.35%	52.72%	-61.02%	-6.83%	115.86%	33.08%	11.94%	48.40%
VTI Vanguard Total Stock Market ETF	3.30%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%

Correlation

The correlation between CPOAX and VTI is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (All Time) Calculated using the full available price history since Jun 1, 2001	0.80

The correlation between CPOAX and VTI has been stable across timeframes, ranging from 0.74 to 0.80 — a consistent structural relationship.

Return for Risk

CPOAX vs. VTI — Risk / Return Rank

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

CPOAX

CPOAX Risk / Return Rank: 5
CPOAX Sharpe Ratio Rank: 5
CPOAX Sortino Ratio Rank: 6
CPOAX Omega Ratio Rank: 5
CPOAX Calmar Ratio Rank: 6
CPOAX Martin Ratio Rank: 5

VTI

VTI Risk / Return Rank: 67
VTI Sharpe Ratio Rank: 68
VTI Sortino Ratio Rank: 67
VTI Omega Ratio Rank: 69
VTI Calmar Ratio Rank: 59
VTI Martin Ratio Rank: 74

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. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Insight A (CPOAX) and Vanguard Total Stock Market ETF (VTI). 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	VTI	Difference
Sharpe ratio Return per unit of total volatility	0.75	2.42	-1.67
Sortino ratio Return per unit of downside risk	1.21	3.35	-2.14
Omega ratio Gain probability vs. loss probability	1.14	1.45	-0.30
Calmar ratio Return relative to maximum drawdown	0.80	3.75	-2.96
Martin ratio Return relative to average drawdown	1.90	16.93	-15.02
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. VTI - Sharpe Ratio Comparison

The current CPOAX Sharpe Ratio is 0.75, which is lower than the VTI Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of CPOAX and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CPOAX	VTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	2.42	-1.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.11	0.65	-0.76
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	0.79	-0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.49	-0.16

Drawdowns

CPOAX vs. VTI - Drawdown Comparison

The maximum CPOAX drawdown since its inception was -84.57%, which is greater than VTI's maximum drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for CPOAX and VTI.

Drawdown Indicators

	CPOAX	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-84.57%	-55.45%	-29.12%
Max Drawdown (1Y) Largest decline over 1 year	-28.37%	-8.92%	-19.45%
Max Drawdown (5Y) Largest decline over 5 years	-70.73%	-25.36%	-45.37%
Max Drawdown (10Y) Largest decline over 10 years	-71.33%	-35.00%	-36.33%
Current Drawdown Current decline from peak	-28.71%	0.00%	-28.71%
Average Drawdown Average peak-to-trough decline	-39.30%	-8.07%	-31.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.86%	1.98%	+9.88%

Volatility

CPOAX vs. VTI - Volatility Comparison

Morgan Stanley Insight A (CPOAX) has a higher volatility of 9.43% compared to Vanguard Total Stock Market ETF (VTI) at 5.64%. This indicates that CPOAX's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CPOAX	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.43%	5.64%	+3.79%
Volatility (6M) Calculated over the trailing 6-month period	22.73%	9.68%	+13.05%
Volatility (1Y) Calculated over the trailing 1-year period	28.82%	13.54%	+15.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.86%	17.45%	+22.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.94%	18.30%	+15.64%

CPOAX vs. VTI - Expense Ratio Comparison

CPOAX has a 1.15% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

CPOAX vs. VTI - Dividend Comparison

CPOAX has not paid dividends to shareholders, while VTI's dividend yield for the trailing twelve months is around 1.09%.

	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%
VTI Vanguard Total Stock Market ETF	1.09%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%