EUGDX vs. DINDX
EUGDX (Morgan Stanley Europe Opportunity Fund Inc.) and DINDX (Morgan Stanley Global Fixed Income Opportunities Fund) are both mutual funds - EUGDX is a Europe Equities fund managed by Morgan Stanley, while DINDX is a Multisector Bonds fund actively managed by Morgan Stanley. At a 0.24 correlation, their price movements are largely independent. EUGDX charges 1.05%/yr vs 0.56%/yr for DINDX.
Performance
EUGDX vs. DINDX - Performance Comparison
Loading charts...
Returns By Period
EUGDX
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DINDX
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EUGDX vs. DINDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Correlation
The correlation between EUGDX and DINDX 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 EUGDX and DINDX shifts across timeframes, from 0.14 (1 year) to 0.28 (10 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EUGDX vs. DINDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Europe Opportunity Fund Inc. (EUGDX) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Drawdowns
EUGDX vs. DINDX - Drawdown Comparison
Loading charts...
Volatility
EUGDX vs. DINDX - Volatility Comparison
Loading charts...
EUGDX vs. DINDX - Expense Ratio Comparison
EUGDX has a 1.05% expense ratio, which is higher than DINDX's 0.56% expense ratio.
Dividends
EUGDX vs. DINDX - Dividend Comparison
EUGDX's dividend yield for the trailing twelve months is around 0.66%, while DINDX has not paid dividends to shareholders.
| 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
EUGDX and DINDX 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.
Find the right allocation for EUGDX and DINDX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer