MACGX vs. EDD
Compare and contrast key facts about Morgan Stanley Institutional Fund Trust Discovery Portfolio Class A (MACGX) and Morgan Stanley Emerging Markets Domestic Fund (EDD).
MACGX is managed by Morgan Stanley. It was launched on Mar 30, 1990. EDD is managed by Morgan Stanley. It was launched on Apr 24, 2007.
Performance
MACGX vs. EDD - Performance Comparison
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MACGX vs. EDD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MACGX Morgan Stanley Institutional Fund Trust Discovery Portfolio Class A | -15.37% | 13.71% | 42.06% | 46.30% | -63.51% | -12.84% | 142.01% | 39.41% | 11.85% | 38.99% |
EDD Morgan Stanley Emerging Markets Domestic Fund | -3.98% | 32.46% | 8.64% | 14.09% | -14.15% | -7.03% | -2.84% | 25.45% | -14.09% | 16.34% |
Returns By Period
In the year-to-date period, MACGX achieves a -15.37% return, which is significantly lower than EDD's -3.98% return. Over the past 10 years, MACGX has outperformed EDD with an annualized return of 12.24%, while EDD has yielded a comparatively lower 4.43% annualized return.
MACGX
- 1D
- -1.27%
- 1M
- -9.54%
- YTD
- -15.37%
- 6M
- -23.28%
- 1Y
- 3.77%
- 3Y*
- 19.63%
- 5Y*
- -8.24%
- 10Y*
- 12.24%
EDD
- 1D
- 2.63%
- 1M
- -14.39%
- YTD
- -3.98%
- 6M
- -0.81%
- 1Y
- 18.79%
- 3Y*
- 14.67%
- 5Y*
- 5.29%
- 10Y*
- 4.43%
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MACGX vs. EDD - Expense Ratio Comparison
MACGX has a 1.00% expense ratio, which is lower than EDD's 2.20% expense ratio.
Return for Risk
MACGX vs. EDD — Risk / Return Rank
MACGX
EDD
MACGX vs. EDD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund Trust Discovery Portfolio Class A (MACGX) and Morgan Stanley Emerging Markets Domestic Fund (EDD). 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.
| MACGX | EDD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.10 | 1.12 | -1.02 |
Sortino ratioReturn per unit of downside risk | 0.37 | 1.56 | -1.19 |
Omega ratioGain probability vs. loss probability | 1.05 | 1.21 | -0.16 |
Calmar ratioReturn relative to maximum drawdown | -0.02 | 1.10 | -1.12 |
Martin ratioReturn relative to average drawdown | -0.06 | 4.79 | -4.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MACGX | EDD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.10 | 1.12 | -1.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.17 | 0.35 | -0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.25 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.09 | +0.21 |
Correlation
The correlation between MACGX and EDD is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
MACGX vs. EDD - Dividend Comparison
MACGX has not paid dividends to shareholders, while EDD's dividend yield for the trailing twelve months is around 10.06%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MACGX Morgan Stanley Institutional Fund Trust Discovery Portfolio Class A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 52.53% | 9.95% | 15.34% | 29.46% | 48.48% | 75.72% | 14.05% |
EDD Morgan Stanley Emerging Markets Domestic Fund | 10.06% | 9.76% | 11.45% | 7.30% | 6.82% | 6.93% | 6.92% | 8.15% | 9.90% | 8.18% | 10.32% | 12.65% |
Drawdowns
MACGX vs. EDD - Drawdown Comparison
The maximum MACGX drawdown since its inception was -77.61%, which is greater than EDD's maximum drawdown of -59.38%. Use the drawdown chart below to compare losses from any high point for MACGX and EDD.
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Drawdown Indicators
| MACGX | EDD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.61% | -59.38% | -18.23% |
Max Drawdown (1Y)Largest decline over 1 year | -27.55% | -17.67% | -9.88% |
Max Drawdown (5Y)Largest decline over 5 years | -77.61% | -32.04% | -45.57% |
Max Drawdown (10Y)Largest decline over 10 years | -77.61% | -42.70% | -34.91% |
Current DrawdownCurrent decline from peak | -52.95% | -15.50% | -37.45% |
Average DrawdownAverage peak-to-trough decline | -25.53% | -24.38% | -1.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.82% | 4.05% | +6.77% |
Volatility
MACGX vs. EDD - Volatility Comparison
Morgan Stanley Institutional Fund Trust Discovery Portfolio Class A (MACGX) and Morgan Stanley Emerging Markets Domestic Fund (EDD) have volatilities of 8.06% and 8.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MACGX | EDD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.06% | 8.07% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 21.82% | 11.58% | +10.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.94% | 16.87% | +15.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.40% | 15.07% | +33.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.18% | 17.65% | +21.53% |