CPODX vs. MGGPX

Last updated Jun 4, 2026

CPODX (Morgan Stanley Insight Fund) and MGGPX (Morgan Stanley Global Opportunity Portfolio Class A) are both mutual funds - CPODX is a Large Cap Growth Equities fund managed by Morgan Stanley, while MGGPX is a Global Equities fund tracking the MSCI All Country World Index. Over the past 10 years, CPODX returned 17.43%/yr vs 13.11%/yr for MGGPX. Their correlation of 0.82 suggests significant overlap in exposure. CPODX charges 0.83%/yr vs 1.25%/yr for MGGPX.

Performance

CPODX vs. MGGPX - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with CPODX having a 4.72% return and MGGPX slightly higher at 4.82%. Over the past 10 years, CPODX has outperformed MGGPX with an annualized return of 17.43%, while MGGPX has yielded a comparatively lower 13.11% annualized return.

CPODX

• 1D: -1.27%
• 1M: 6.93%
• YTD: 4.72%
• 6M: 1.34%
• 1Y: 13.62%
• 3Y*: 29.95%
• 5Y*: 0.48%
• 10Y*: 17.43%

MGGPX

• 1D: -0.61%
• 1M: 8.64%
• YTD: 4.82%
• 6M: -5.43%
• 1Y: -5.56%
• 3Y*: 15.82%
• 5Y*: 2.83%
• 10Y*: 13.11%

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

CPODX vs. MGGPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CPODX Morgan Stanley Insight Fund	4.72%	19.23%	46.73%	53.03%	-60.99%	-6.54%	116.44%	33.45%	12.29%	48.76%
MGGPX Morgan Stanley Global Opportunity Portfolio Class A	4.82%	0.77%	27.16%	49.29%	-41.77%	-0.05%	55.05%	35.03%	-5.96%	49.03%

Correlation

The correlation between CPODX and MGGPX 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	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.82
Correlation (All Time) Calculated using the full available price history since May 25, 2010	0.82

The correlation between CPODX and MGGPX shifts across timeframes, from 0.74 (1 year) to 0.84 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

CPODX vs. MGGPX — Risk / Return Rank

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

CPODX

CPODX Risk / Return Rank: 6
CPODX Sharpe Ratio Rank: 6
CPODX Sortino Ratio Rank: 7
CPODX Omega Ratio Rank: 7
CPODX Calmar Ratio Rank: 5
CPODX Martin Ratio Rank: 5

MGGPX

MGGPX Risk / Return Rank: 2
MGGPX Sharpe Ratio Rank: 2
MGGPX Sortino Ratio Rank: 2
MGGPX Omega Ratio Rank: 2
MGGPX Calmar Ratio Rank: 2
MGGPX Martin Ratio Rank: 2

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.

CPODX vs. MGGPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Insight Fund (CPODX) and Morgan Stanley Global Opportunity Portfolio Class A (MGGPX). 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.

	CPODX	MGGPX	Difference
Sharpe ratio: Return per unit of total volatility	0.50	-0.26	+0.77
Sortino ratio: Return per unit of downside risk	0.88	-0.20	+1.08
Omega ratio: Gain probability vs. loss probability	1.11	0.97	+0.14
Calmar ratio: Return relative to maximum drawdown	0.51	-0.20	+0.72
Martin ratio: Return relative to average drawdown	1.11	-0.45	+1.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CPODX vs. MGGPX - Sharpe Ratio Comparison

The current CPODX Sharpe Ratio is 0.50, which is higher than the MGGPX Sharpe Ratio of -0.26. The chart below compares the historical Sharpe Ratios of CPODX and MGGPX, 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

	CPODX	MGGPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.50	-0.26	+0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	0.11	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.57	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.68	-0.33

Drawdowns

CPODX vs. MGGPX - Drawdown Comparison

The maximum CPODX drawdown since its inception was -84.51%, which is greater than MGGPX's maximum drawdown of -51.83%. Use the drawdown chart below to compare losses from any high point for CPODX and MGGPX.

Drawdown Indicators

	CPODX	MGGPX	Difference
Max Drawdown Largest peak-to-trough decline	-84.51%	-51.83%	-32.68%
Max Drawdown (1Y) Largest decline over 1 year	-28.28%	-28.32%	+0.04%
Max Drawdown (3Y) Largest decline over 3 years	-31.37%	-28.32%	-3.05%
Max Drawdown (5Y) Largest decline over 5 years	-70.71%	-51.14%	-19.57%
Max Drawdown (10Y) Largest decline over 10 years	-71.26%	-51.83%	-19.43%
Current Drawdown Current decline from peak	-16.09%	-11.49%	-4.60%
Average Drawdown Average peak-to-trough decline	-38.46%	-9.45%	-29.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.06%	12.86%	+0.20%

Volatility

CPODX vs. MGGPX - Volatility Comparison

Morgan Stanley Insight Fund (CPODX) has a higher volatility of 8.49% compared to Morgan Stanley Global Opportunity Portfolio Class A (MGGPX) at 6.00%. This indicates that CPODX's price experiences larger fluctuations and is considered to be riskier than MGGPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CPODX	MGGPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.49%	6.00%	+2.49%
Volatility (6M) Calculated over the trailing 6-month period	21.71%	19.55%	+2.16%
Volatility (1Y) Calculated over the trailing 1-year period	28.66%	21.94%	+6.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.74%	26.08%	+13.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.08%	23.09%	+10.99%

CPODX vs. MGGPX - Expense Ratio Comparison

CPODX has a 0.83% expense ratio, which is lower than MGGPX's 1.25% expense ratio.

Dividends

CPODX vs. MGGPX - Dividend Comparison

Neither CPODX nor MGGPX has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
MGGPX Morgan Stanley Global Opportunity Portfolio Class A	0.00%	0.00%	9.95%	2.27%	24.31%	5.14%	1.20%	0.00%	0.82%	0.40%	7.23%	1.29%

Frequently Asked Questions

Can I hold both CPODX and MGGPX in my portfolio?

CPODX and MGGPX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CPODX or MGGPX?

CPODX has higher volatility (8.49%) compared to MGGPX (6.00%). In terms of maximum drawdown, CPODX dropped -84.51% vs MGGPX's -51.83%.

Which has better risk-adjusted returns?

CPODX currently has the higher Sharpe Ratio (0.50 vs -0.26), 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.