EDD vs. CPOAX
EDD (Morgan Stanley Emerging Markets Domestic Fund) and CPOAX (Morgan Stanley Insight A) are both mutual funds - EDD is a Emerging Markets Bonds fund managed by Morgan Stanley, while CPOAX is a Large Cap Growth Equities fund tracking the Russell 3000 Growth Index. Over the past 10 years, EDD returned 5.44%/yr vs 15.13%/yr for CPOAX. Their 0.36 correlation means their historical movements had little consistent relationship. EDD charges 2.20%/yr vs 1.15%/yr for CPOAX.
Performance
EDD vs. CPOAX - Performance Comparison
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Returns By Period
In the year-to-date period, EDD achieves a 15.39% return, which is significantly higher than CPOAX's -7.80% return. Over the past 10 years, EDD has underperformed CPOAX with an annualized return of 5.44%, while CPOAX has yielded a comparatively higher 15.13% annualized return.
EDD
- 1D
- 0.52%
- 1M
- 0.52%
- 6M
- 7.29%
- YTD
- 15.39%
- 1Y
- 28.28%
- 3Y*
- 19.33%
- 5Y*
- 8.26%
- 10Y*
- 5.44%
- ALL TIME*
- 2.98%
CPOAX
- 1D
- -2.37%
- 1M
- -9.05%
- 6M
- -0.21%
- YTD
- -7.80%
- 1Y
- -3.90%
- 3Y*
- 19.22%
- 5Y*
- -4.03%
- 10Y*
- 15.13%
- ALL TIME*
- 10.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $1.90M | $2.96M | $2.41M |
EDD vs. CPOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EDD Morgan Stanley Emerging Markets Domestic Fund | 15.39% | 32.46% | 8.64% | 14.09% | -14.15% | -7.03% | -2.84% | 25.45% | -14.09% | 16.34% |
CPOAX Morgan Stanley Insight A | -7.80% | 18.91% | 46.35% | 52.72% | -61.02% | -6.83% | 115.86% | 33.08% | 11.94% | 48.40% |
Correlation
The correlation between EDD and CPOAX is 0.33, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.33 |
Correlation (3Y) Balances recent behavior with more history. | 0.29 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.34 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.30 |
Correlation (All Time) Calculated using the full available price history since Apr 24, 2007 | 0.36 |
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Return for Risk
EDD vs. CPOAX — Risk / Return Rank
EDD
CPOAX
EDD vs. CPOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Emerging Markets Domestic Fund (EDD) and Morgan Stanley Insight A (CPOAX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EDD | CPOAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.93 | ||
| Sortino ratioReturn per unit of downside risk | +2.49 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.99 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | -0.25 | +1.86 |
| Martin ratioReturn relative to average drawdown | 5.15 | -0.49 | +5.64 |
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Drawdowns
EDD vs. CPOAX - Drawdown Comparison
The maximum EDD drawdown since its inception was -59.38%, smaller than the maximum CPOAX drawdown of -84.57%. Use the drawdown chart below to compare losses from any high point for EDD and CPOAX.
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Drawdown Indicators
| EDD | CPOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.38% | -84.57% | +25.19% |
Max Drawdown (1Y)Largest decline over 1 year | -17.67% | -28.37% | +10.70% |
Max Drawdown (3Y)Largest decline over 3 years | -17.67% | -31.38% | +13.71% |
Max Drawdown (5Y)Largest decline over 5 years | -32.04% | -70.73% | +38.69% |
Max Drawdown (10Y)Largest decline over 10 years | -42.70% | -71.33% | +28.63% |
Current DrawdownCurrent decline from peak | -2.34% | -26.90% | +24.56% |
Average DrawdownAverage peak-to-trough decline | -24.05% | -39.12% | +15.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.50% | 14.48% | -8.98% |
Volatility
EDD vs. CPOAX - Volatility Comparison
The current volatility for Morgan Stanley Emerging Markets Domestic Fund (EDD) is 4.59%, while Morgan Stanley Insight A (CPOAX) has a volatility of 8.05%. This indicates that EDD experiences smaller price fluctuations and is considered to be less risky than CPOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDD | CPOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.59% | 8.05% | -3.46% |
Volatility (6M)Calculated over the trailing 6-month period | 13.85% | 23.67% | -9.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.75% | 30.60% | -13.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.57% | 39.99% | -24.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.67% | 34.27% | -16.60% |
EDD vs. CPOAX - Expense Ratio Comparison
EDD has a 2.20% expense ratio, which is higher than CPOAX's 1.15% expense ratio.
Dividends
EDD vs. CPOAX - Dividend Comparison
EDD's dividend yield for the trailing twelve months is around 10.77%, while CPOAX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPOAX Morgan Stanley Insight A | 0.00% | 0.00% | 0.61% | 0.00% | 51.84% | 14.94% | 9.06% | 7.29% | 9.33% | 28.73% | 9.83% | 8.92% |
EDD Morgan Stanley Emerging Markets Domestic Fund | 10.77% | 9.76% | 11.45% | 7.30% | 6.82% | 6.93% | 6.92% | 8.15% | 9.90% | 8.18% | 10.32% | 12.65% |
Frequently Asked Questions
EDD and CPOAX 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.
CPOAX has higher volatility (8.05%) compared to EDD (4.59%). In terms of maximum drawdown, EDD dropped -59.38% vs CPOAX's -84.57%.
EDD currently has the higher Sharpe Ratio (1.70 vs -0.23), 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.
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