CPODX vs. THYUX

Last updated Jun 4, 2026

CPODX (Morgan Stanley Insight Fund) and THYUX (Morgan Stanley Pathway Funds High Yield Fund) are both mutual funds - CPODX is a Large Cap Growth Equities fund managed by Morgan Stanley, while THYUX is a High Yield Bonds fund managed by Morgan Stanley. Over the past 10 years, CPODX returned 17.43%/yr vs 4.51%/yr for THYUX. At a 0.27 correlation, their price movements are largely independent. CPODX charges 0.83%/yr vs 0.76%/yr for THYUX.

Performance

CPODX vs. THYUX - Performance Comparison

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

Returns By Period

In the year-to-date period, CPODX achieves a 4.72% return, which is significantly higher than THYUX's 1.69% return. Over the past 10 years, CPODX has outperformed THYUX with an annualized return of 17.43%, while THYUX has yielded a comparatively lower 4.51% 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%

THYUX

• 1D: 0.00%
• 1M: 0.85%
• YTD: 1.69%
• 6M: 1.94%
• 1Y: 5.23%
• 3Y*: 7.47%
• 5Y*: 3.09%
• 10Y*: 4.51%

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

CPODX vs. THYUX - 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%
THYUX Morgan Stanley Pathway Funds High Yield Fund	1.69%	4.96%	7.43%	12.70%	-12.01%	4.45%	2.02%	14.10%	-2.87%	7.00%

Correlation

The correlation between CPODX and THYUX is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Jan 5, 1999	0.27

The correlation between CPODX and THYUX shifts across timeframes, from 0.27 (all time) to 0.38 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

CPODX vs. THYUX — 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

THYUX

THYUX Risk / Return Rank: 42
THYUX Sharpe Ratio Rank: 31
THYUX Sortino Ratio Rank: 30
THYUX Omega Ratio Rank: 48
THYUX Calmar Ratio Rank: 54
THYUX Martin Ratio Rank: 45

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. THYUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Insight Fund (CPODX) and Morgan Stanley Pathway Funds High Yield Fund (THYUX). 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	THYUX	Difference
Sharpe ratio Return per unit of total volatility	0.50	1.59	-1.09
Sortino ratio Return per unit of downside risk	0.88	2.29	-1.41
Omega ratio Gain probability vs. loss probability	1.11	1.38	-0.28
Calmar ratio Return relative to maximum drawdown	0.51	2.81	-2.30
Martin ratio Return relative to average drawdown	1.11	9.46	-8.35
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. THYUX - Sharpe Ratio Comparison

The current CPODX Sharpe Ratio is 0.50, which is lower than the THYUX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of CPODX and THYUX, 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	THYUX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.50	1.59	-1.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	0.61	-0.60
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.84	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.86	-0.50

Drawdowns

CPODX vs. THYUX - Drawdown Comparison

The maximum CPODX drawdown since its inception was -84.51%, which is greater than THYUX's maximum drawdown of -35.28%. Use the drawdown chart below to compare losses from any high point for CPODX and THYUX.

Drawdown Indicators

	CPODX	THYUX	Difference
Max Drawdown Largest peak-to-trough decline	-84.51%	-35.28%	-49.23%
Max Drawdown (1Y) Largest decline over 1 year	-28.28%	-2.11%	-26.17%
Max Drawdown (3Y) Largest decline over 3 years	-31.37%	-4.72%	-26.65%
Max Drawdown (5Y) Largest decline over 5 years	-70.71%	-15.49%	-55.22%
Max Drawdown (10Y) Largest decline over 10 years	-71.26%	-21.20%	-50.06%
Current Drawdown Current decline from peak	-16.09%	0.00%	-16.09%
Average Drawdown Average peak-to-trough decline	-38.46%	-4.69%	-33.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.06%	0.60%	+12.46%

Volatility

CPODX vs. THYUX - Volatility Comparison

Morgan Stanley Insight Fund (CPODX) has a higher volatility of 8.49% compared to Morgan Stanley Pathway Funds High Yield Fund (THYUX) at 1.07%. This indicates that CPODX's price experiences larger fluctuations and is considered to be riskier than THYUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CPODX	THYUX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.49%	1.07%	+7.42%
Volatility (6M) Calculated over the trailing 6-month period	21.71%	2.61%	+19.10%
Volatility (1Y) Calculated over the trailing 1-year period	28.66%	3.74%	+24.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.74%	5.23%	+34.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.08%	5.49%	+28.59%

CPODX vs. THYUX - Expense Ratio Comparison

CPODX has a 0.83% expense ratio, which is higher than THYUX's 0.76% expense ratio.

Dividends

CPODX vs. THYUX - Dividend Comparison

CPODX has not paid dividends to shareholders, while THYUX's dividend yield for the trailing twelve months is around 4.81%.

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%
THYUX Morgan Stanley Pathway Funds High Yield Fund	4.81%	4.24%	7.54%	6.35%	6.62%	4.93%	4.22%	5.20%	6.43%	6.04%	6.21%	7.43%

Frequently Asked Questions

Can I hold both CPODX and THYUX in my portfolio?

CPODX and THYUX have a correlation of 0.33, 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 THYUX?

CPODX has higher volatility (8.49%) compared to THYUX (1.07%). In terms of maximum drawdown, CPODX dropped -84.51% vs THYUX's -35.28%.

Which has better risk-adjusted returns?

THYUX currently has the higher Sharpe Ratio (1.59 vs 0.50), 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.