DINDX vs. EUGDX
DINDX (Morgan Stanley Global Fixed Income Opportunities Fund) and EUGDX (Morgan Stanley Europe Opportunity Fund Inc.) are both mutual funds - DINDX is a Multisector Bonds fund actively managed by Morgan Stanley, while EUGDX is a Europe Equities fund managed by Morgan Stanley. At a 0.24 correlation, their price movements are largely independent. DINDX charges 0.56%/yr vs 1.05%/yr for EUGDX.
Performance
DINDX vs. EUGDX - Performance Comparison
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Returns By Period
DINDX
- 1D
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- 1M
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- YTD
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- 6M
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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EUGDX
- 1D
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- 1M
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- YTD
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- 6M
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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DINDX vs. EUGDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% | 7.54% |
EUGDX Morgan Stanley Europe Opportunity Fund Inc. | -4.82% | 11.93% | 12.41% | 25.16% | -44.49% | 15.80% | 55.57% | 27.34% | -13.02% | 23.11% |
Correlation
The correlation between DINDX and EUGDX is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 1997 | 0.24 |
The correlation between DINDX and EUGDX shifts across timeframes, from 0.14 (1 year) to 0.28 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
DINDX vs. EUGDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Global Fixed Income Opportunities Fund (DINDX) and Morgan Stanley Europe Opportunity Fund Inc. (EUGDX). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
DINDX vs. EUGDX - Drawdown Comparison
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Volatility
DINDX vs. EUGDX - Volatility Comparison
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DINDX vs. EUGDX - Expense Ratio Comparison
DINDX has a 0.56% expense ratio, which is lower than EUGDX's 1.05% expense ratio.
Dividends
DINDX vs. EUGDX - Dividend Comparison
DINDX has not paid dividends to shareholders, while EUGDX's dividend yield for the trailing twelve months is around 0.66%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DINDX Morgan Stanley Global Fixed Income Opportunities Fund | 2.69% | 4.69% | 5.36% | 4.69% | 5.82% | 3.52% | 2.98% | 3.43% | 3.68% | 3.13% | 6.24% | 4.80% |
EUGDX Morgan Stanley Europe Opportunity Fund Inc. | 0.66% | 0.62% | 0.00% | 0.00% | 0.00% | 5.45% | 7.53% | 3.27% | 1.02% | 0.90% | 2.75% | 2.30% |
Frequently Asked Questions
DINDX and EUGDX have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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