DGFFX vs. DINDX

Last updated Apr 1, 2026

Compare and contrast key facts about Destinations Global Fixed Income Opportunities Fund (DGFFX) and Morgan Stanley Global Fixed Income Opportunities Fund (DINDX).

DGFFX is managed by Destinations Funds. It was launched on Mar 19, 2017. DINDX is an actively managed fund by Morgan Stanley. It was launched on Jul 27, 1997.

Performance

DGFFX vs. DINDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Destinations Global Fixed Income Opportunities Fund (DGFFX) and Morgan Stanley Global Fixed Income Opportunities Fund (DINDX). The values are adjusted to include any dividend payments, if applicable.

DGFFX vs. DINDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DGFFX Destinations Global Fixed Income Opportunities Fund	0.46%	5.84%	8.04%	7.82%	-6.09%	4.91%	3.59%	6.64%	-0.35%	3.57%
DINDX Morgan Stanley Global Fixed Income Opportunities Fund	0.00%	8.28%	6.76%	8.49%	-7.06%	0.01%	5.10%	9.59%	-1.28%	5.80%

Returns By Period

DGFFX

• 1D: -0.24%
• 1M: -1.19%
• YTD: 0.46%
• 6M: 1.10%
• 1Y: 5.64%
• 3Y*: 6.92%
• 5Y*: 3.47%
• 10Y*: —

DINDX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DGFFX vs. DINDX - Expense Ratio Comparison

DGFFX has a 0.99% expense ratio, which is higher than DINDX's 0.56% expense ratio.

DGFFX

Destinations Global Fixed Income Opportunities Fund

DINDX

Morgan Stanley Global Fixed Income Opportunities Fund

Return for Risk

DGFFX vs. DINDX — Risk / Return Rank

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

DGFFX

DGFFX Risk / Return Rank: 84
DGFFX Sharpe Ratio Rank: 90
DGFFX Sortino Ratio Rank: 85
DGFFX Omega Ratio Rank: 96
DGFFX Calmar Ratio Rank: 72
DGFFX Martin Ratio Rank: 76

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.

DGFFX vs. DINDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Destinations Global Fixed Income Opportunities Fund (DGFFX) and Morgan Stanley Global Fixed Income Opportunities Fund (DINDX). 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.

	DGFFX	DINDX	Difference
Sharpe ratio Return per unit of total volatility	1.89	—	—
Sortino ratio Return per unit of downside risk	2.28	—	—
Omega ratio Gain probability vs. loss probability	1.55	—	—
Calmar ratio Return relative to maximum drawdown	1.67	—	—
Martin ratio Return relative to average drawdown	7.34	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DGFFX	DINDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.52	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.47	—	—

Correlation

The correlation between DGFFX and DINDX is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

DGFFX vs. DINDX - Dividend Comparison

DGFFX's dividend yield for the trailing twelve months is around 6.21%, while DINDX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGFFX Destinations Global Fixed Income Opportunities Fund	6.21%	5.52%	6.81%	4.95%	3.37%	4.14%	4.22%	4.18%	3.79%	2.94%	0.00%	0.00%
DINDX Morgan Stanley Global Fixed Income Opportunities Fund	3.44%	4.69%	5.36%	4.69%	5.82%	3.52%	2.98%	3.43%	3.68%	3.13%	6.24%	4.80%

Drawdowns

Volatility

Volatility by Period

	DGFFX	DINDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.42%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.31%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.38%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.60%	—	—