EUGDX vs. FXAIX
Compare and contrast key facts about Morgan Stanley Europe Opportunity Fund Inc. (EUGDX) and Fidelity 500 Index Fund (FXAIX).
EUGDX is managed by Morgan Stanley. It was launched on Jul 27, 1997. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EUGDX or FXAIX.
Correlation
The correlation between EUGDX and FXAIX is 0.70, 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
EUGDX vs. FXAIX - Performance Comparison
Key characteristics
EUGDX:
0.88
FXAIX:
1.88
EUGDX:
1.33
FXAIX:
2.51
EUGDX:
1.15
FXAIX:
1.35
EUGDX:
0.34
FXAIX:
2.83
EUGDX:
3.66
FXAIX:
11.87
EUGDX:
3.72%
FXAIX:
2.02%
EUGDX:
15.59%
FXAIX:
12.77%
EUGDX:
-58.33%
FXAIX:
-33.79%
EUGDX:
-31.11%
FXAIX:
-3.94%
Returns By Period
In the year-to-date period, EUGDX achieves a -0.12% return, which is significantly higher than FXAIX's -0.62% return. Over the past 10 years, EUGDX has underperformed FXAIX with an annualized return of 4.25%, while FXAIX has yielded a comparatively higher 13.08% annualized return.
EUGDX
-0.12%
-3.31%
4.30%
13.52%
4.02%
4.25%
FXAIX
-0.62%
-3.35%
3.79%
23.82%
13.82%
13.08%
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EUGDX vs. FXAIX - Expense Ratio Comparison
EUGDX has a 1.05% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
EUGDX vs. FXAIX — Risk-Adjusted Performance Rank
EUGDX
FXAIX
EUGDX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Europe Opportunity Fund Inc. (EUGDX) and Fidelity 500 Index Fund (FXAIX). 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
EUGDX vs. FXAIX - Dividend Comparison
EUGDX has not paid dividends to shareholders, while FXAIX's dividend yield for the trailing twelve months is around 1.25%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUGDX Morgan Stanley Europe Opportunity Fund Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.77% | 1.01% | 0.90% | 2.75% | 2.30% | 4.22% |
FXAIX Fidelity 500 Index Fund | 1.25% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
EUGDX vs. FXAIX - Drawdown Comparison
The maximum EUGDX drawdown since its inception was -58.33%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for EUGDX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
EUGDX vs. FXAIX - Volatility Comparison
The current volatility for Morgan Stanley Europe Opportunity Fund Inc. (EUGDX) is 3.79%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.57%. This indicates that EUGDX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.