HRAUX vs. MMGPX
HRAUX (Carillon Eagle Mid Cap Growth Fund Class R6) and MMGPX (Morgan Stanley Discovery Portfolio) are both Mid Cap Growth Equities funds. Over the past 5 years, HRAUX returned 2.29%/yr vs -6.17%/yr for MMGPX. Their correlation of 0.82 means they have usually moved in the same direction. HRAUX charges 0.66%/yr vs 0.04%/yr for MMGPX.
Performance
HRAUX vs. MMGPX - Performance Comparison
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Returns By Period
In the year-to-date period, HRAUX achieves a 5.29% return, which is significantly higher than MMGPX's -0.96% return.
HRAUX
- 1D
- 1.38%
- 1M
- -3.35%
- 6M
- 4.81%
- YTD
- 5.29%
- 1Y
- 4.07%
- 3Y*
- 9.11%
- 5Y*
- 2.29%
- 10Y*
- 11.44%
- ALL TIME*
- 12.16%
MMGPX
- 1D
- 2.26%
- 1M
- -3.86%
- 6M
- 4.78%
- YTD
- -0.96%
- 1Y
- -10.52%
- 3Y*
- 17.63%
- 5Y*
- -6.17%
- 10Y*
- —
- ALL TIME*
- 14.86%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
HRAUX vs. MMGPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HRAUX Carillon Eagle Mid Cap Growth Fund Class R6 | 5.29% | 4.92% | 13.09% | 20.25% | -25.56% | 11.64% | 40.35% | 35.04% | -6.07% | 25.37% |
MMGPX Morgan Stanley Discovery Portfolio | -0.96% | 12.58% | 41.83% | 44.34% | -63.37% | -11.55% | 152.67% | 40.20% | 10.89% | 28.18% |
Correlation
The correlation between HRAUX and MMGPX is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.78 |
Correlation (3Y) Balances recent behavior with more history. | 0.81 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.82 |
The correlation between HRAUX and MMGPX has been stable across timeframes, ranging from 0.78 to 0.83 - a consistent structural relationship.
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Return for Risk
HRAUX vs. MMGPX — Risk / Return Rank
HRAUX
MMGPX
HRAUX vs. MMGPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carillon Eagle Mid Cap Growth Fund Class R6 (HRAUX) and Morgan Stanley Discovery Portfolio (MMGPX). 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.
| HRAUX | MMGPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.97 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.12 | -0.34 | +0.46 |
| Martin ratioReturn relative to average drawdown | 0.39 | -0.66 | +1.04 |
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Drawdowns
HRAUX vs. MMGPX - Drawdown Comparison
The maximum HRAUX drawdown since its inception was -37.03%, smaller than the maximum MMGPX drawdown of -75.38%. Use the drawdown chart below to compare losses from any high point for HRAUX and MMGPX.
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Drawdown Indicators
| HRAUX | MMGPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.03% | -75.38% | +38.35% |
Max Drawdown (1Y)Largest decline over 1 year | -12.39% | -27.79% | +15.40% |
Max Drawdown (3Y)Largest decline over 3 years | -26.67% | -29.27% | +2.60% |
Max Drawdown (5Y)Largest decline over 5 years | -34.20% | -72.70% | +38.50% |
Max Drawdown (10Y)Largest decline over 10 years | -37.03% | — | — |
Current DrawdownCurrent decline from peak | -5.42% | -40.82% | +35.40% |
Average DrawdownAverage peak-to-trough decline | -7.21% | -30.40% | +23.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.87% | 14.47% | -10.60% |
Volatility
HRAUX vs. MMGPX - Volatility Comparison
The current volatility for Carillon Eagle Mid Cap Growth Fund Class R6 (HRAUX) is 4.16%, while Morgan Stanley Discovery Portfolio (MMGPX) has a volatility of 6.84%. This indicates that HRAUX experiences smaller price fluctuations and is considered to be less risky than MMGPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HRAUX | MMGPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.16% | 6.84% | -2.68% |
Volatility (6M)Calculated over the trailing 6-month period | 14.39% | 21.99% | -7.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.90% | 28.90% | -11.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.05% | 39.83% | -17.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.85% | 35.11% | -13.26% |
HRAUX vs. MMGPX - Expense Ratio Comparison
HRAUX has a 0.66% expense ratio, which is higher than MMGPX's 0.04% expense ratio.
Dividends
HRAUX vs. MMGPX - Dividend Comparison
HRAUX's dividend yield for the trailing twelve months is around 13.16%, while MMGPX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HRAUX Carillon Eagle Mid Cap Growth Fund Class R6 | 13.16% | 13.86% | 13.00% | 11.74% | 1.28% | 9.91% | 2.10% | 2.04% | 5.57% | 2.54% | 0.04% | 1.59% |
MMGPX Morgan Stanley Discovery Portfolio | 0.00% | 0.43% | 0.00% | 0.00% | 125.40% | 64.53% | 7.93% | 15.63% | 28.02% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HRAUX and MMGPX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MMGPX has higher volatility (6.84%) compared to HRAUX (4.16%). In terms of maximum drawdown, HRAUX dropped -37.03% vs MMGPX's -75.38%.
HRAUX currently has the higher Sharpe Ratio (0.08 vs -0.33), 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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