JMSIX vs. DINDX

Last updated Jun 23, 2026

JMSIX (JPMorgan Income Fund) and DINDX (Morgan Stanley Global Fixed Income Opportunities Fund) are both Multisector Bonds funds. A 0.58 correlation means they provide meaningful diversification when combined. JMSIX charges 0.40%/yr vs 0.56%/yr for DINDX.

Performance

JMSIX vs. DINDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Income Fund (JMSIX) and Morgan Stanley Global Fixed Income Opportunities Fund (DINDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JMSIX

• 1D: 0.00%
• 1M: 0.62%
• YTD: 1.11%
• 6M: 1.73%
• 1Y: 5.43%
• 3Y*: 7.12%
• 5Y*: 2.84%
• 10Y*: 3.95%

DINDX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JMSIX vs. DINDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JMSIX JPMorgan Income Fund	1.11%	7.68%	7.78%	6.14%	-8.24%	3.59%	3.07%	11.82%	1.03%	6.00%
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 JMSIX and DINDX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Nov 7, 2014	0.58

The correlation between JMSIX and DINDX shifts across timeframes, from 0.41 (1 year) to 0.65 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

JMSIX vs. DINDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JMSIX

JMSIX Risk / Return Rank: 81
JMSIX Sharpe Ratio Rank: 67
JMSIX Sortino Ratio Rank: 92
JMSIX Omega Ratio Rank: 88
JMSIX Calmar Ratio Rank: 79
JMSIX Martin Ratio Rank: 82

DINDX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JMSIX vs. DINDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Income Fund (JMSIX) 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.

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.

	JMSIX	DINDX	Difference
Sharpe ratio: Return per unit of total volatility	2.19	—	—
Sortino ratio: Return per unit of downside risk	4.26	—	—
Omega ratio: Gain probability vs. loss probability	1.57	—	—
Calmar ratio: Return relative to maximum drawdown	3.43	—	—
Martin ratio: Return relative to average drawdown	14.19	—	—

Drawdowns

Drawdown Indicators

	JMSIX	DINDX	Difference
Max Drawdown Largest peak-to-trough decline	-18.40%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-1.62%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-2.31%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-11.39%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-18.40%	—	—
Current Drawdown Current decline from peak	-0.35%	—	—
Average Drawdown Average peak-to-trough decline	-2.56%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.39%	—	—

Volatility

Volatility by Period

	JMSIX	DINDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.77%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.93%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.54%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.73%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.87%	—	—

JMSIX vs. DINDX - Expense Ratio Comparison

JMSIX has a 0.40% expense ratio, which is lower than DINDX's 0.56% expense ratio.

Dividends

JMSIX vs. DINDX - Dividend Comparison

JMSIX's dividend yield for the trailing twelve months is around 6.04%, 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	2.27%	4.69%	5.36%	4.69%	5.82%	3.52%	2.98%	3.43%	3.68%	3.13%	6.24%	4.80%
JMSIX JPMorgan Income Fund	6.04%	5.95%	5.78%	4.43%	4.78%	4.00%	4.95%	5.10%	5.43%	5.42%	0.46%	0.00%

Frequently Asked Questions

Can I hold both JMSIX and DINDX in my portfolio?

JMSIX and DINDX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.