DINDX vs. JMSIX
Compare and contrast key facts about Morgan Stanley Global Fixed Income Opportunities Fund (DINDX) and JPMorgan Income Fund (JMSIX).
DINDX is managed by Morgan Stanley. It was launched on Jul 27, 1997. JMSIX is managed by JPMorgan Chase. It was launched on Jun 1, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DINDX or JMSIX.
Key characteristics
| DINDX | JMSIX | |
|---|---|---|
| YTD Return | 5.90% | 7.17% |
| 1Y Return | 10.14% | 11.26% |
| 3Y Return (Ann) | 2.23% | 1.71% |
| 5Y Return (Ann) | 2.52% | 2.49% |
| 10Y Return (Ann) | 3.40% | 3.74% |
| Sharpe Ratio | 3.49 | 3.86 |
| Sortino Ratio | 5.42 | 6.81 |
| Omega Ratio | 1.79 | 2.02 |
| Calmar Ratio | 2.73 | 1.91 |
| Martin Ratio | 22.10 | 26.27 |
| Ulcer Index | 0.46% | 0.43% |
| Daily Std Dev | 2.90% | 2.94% |
| Max Drawdown | -23.00% | -18.41% |
| Current Drawdown | -0.92% | -0.67% |
Correlation
The correlation between DINDX and JMSIX is 0.58, 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.
Performance
DINDX vs. JMSIX - Performance Comparison
In the year-to-date period, DINDX achieves a 5.90% return, which is significantly lower than JMSIX's 7.17% return. Over the past 10 years, DINDX has underperformed JMSIX with an annualized return of 3.40%, while JMSIX has yielded a comparatively higher 3.74% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DINDX vs. JMSIX - Expense Ratio Comparison
DINDX has a 0.56% expense ratio, which is higher than JMSIX's 0.40% expense ratio.
Risk-Adjusted Performance
DINDX vs. JMSIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Global Fixed Income Opportunities Fund (DINDX) and JPMorgan Income Fund (JMSIX). 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.
Dividends
DINDX vs. JMSIX - Dividend Comparison
DINDX's dividend yield for the trailing twelve months is around 5.33%, less than JMSIX's 5.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DINDX Morgan Stanley Global Fixed Income Opportunities Fund | 5.33% | 4.70% | 5.88% | 3.59% | 2.90% | 3.84% | 5.22% | 3.16% | 3.75% | 4.82% | 4.62% | 5.99% |
JMSIX JPMorgan Income Fund | 5.65% | 5.31% | 4.80% | 4.04% | 4.84% | 5.07% | 5.42% | 5.42% | 5.47% | 5.72% | 0.92% | 0.00% |
Drawdowns
DINDX vs. JMSIX - Drawdown Comparison
The maximum DINDX drawdown since its inception was -23.00%, which is greater than JMSIX's maximum drawdown of -18.41%. Use the drawdown chart below to compare losses from any high point for DINDX and JMSIX. For additional features, visit the drawdowns tool.
Volatility
DINDX vs. JMSIX - Volatility Comparison
Morgan Stanley Global Fixed Income Opportunities Fund (DINDX) has a higher volatility of 0.73% compared to JPMorgan Income Fund (JMSIX) at 0.62%. This indicates that DINDX's price experiences larger fluctuations and is considered to be riskier than JMSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.