MEGIX vs. MGKQX

Last updated Apr 2, 2026

Compare and contrast key facts about Morgan Stanley Growth Portfolio (MEGIX) and Morgan Stanley Global Permanence Portfolio (MGKQX).

MEGIX is managed by Morgan Stanley. It was launched on Apr 30, 2017. MGKQX is managed by Morgan Stanley. It was launched on Apr 29, 2019.

Performance

MEGIX vs. MGKQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Morgan Stanley Growth Portfolio (MEGIX) and Morgan Stanley Global Permanence Portfolio (MGKQX). The values are adjusted to include any dividend payments, if applicable.

MEGIX vs. MGKQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
MEGIX Morgan Stanley Growth Portfolio	-15.47%	35.72%	46.59%	48.66%	-83.28%	-0.20%	117.49%	6.27%
MGKQX Morgan Stanley Global Permanence Portfolio	-3.40%	5.52%	10.81%	20.89%	-19.81%	19.55%	27.09%	6.40%

Returns By Period

In the year-to-date period, MEGIX achieves a -15.47% return, which is significantly lower than MGKQX's -3.40% return.

MEGIX

• 1D: 4.61%
• 1M: -4.39%
• YTD: -15.47%
• 6M: -22.18%
• 1Y: 14.60%
• 3Y*: 28.75%
• 5Y*: -16.17%
• 10Y*: —

MGKQX

• 1D: 3.56%
• 1M: -4.75%
• YTD: -3.40%
• 6M: -21.98%
• 1Y: -2.35%
• 3Y*: 6.27%
• 5Y*: 4.57%
• 10Y*: —

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

MEGIX vs. MGKQX - Expense Ratio Comparison

MEGIX has a 0.57% expense ratio, which is lower than MGKQX's 0.95% expense ratio.

MGKQX

Morgan Stanley Global Permanence Portfolio

MEGIX

Morgan Stanley Growth Portfolio

Return for Risk

MEGIX vs. MGKQX — Risk / Return Rank

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

MEGIX

MEGIX Risk / Return Rank: 17
MEGIX Sharpe Ratio Rank: 17
MEGIX Sortino Ratio Rank: 21
MEGIX Omega Ratio Rank: 17
MEGIX Calmar Ratio Rank: 16
MEGIX Martin Ratio Rank: 13

MGKQX

MGKQX Risk / Return Rank: 4
MGKQX Sharpe Ratio Rank: 4
MGKQX Sortino Ratio Rank: 4
MGKQX Omega Ratio Rank: 4
MGKQX Calmar Ratio Rank: 4
MGKQX Martin Ratio Rank: 4

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.

MEGIX vs. MGKQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Growth Portfolio (MEGIX) and Morgan Stanley Global Permanence Portfolio (MGKQX). 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.

	MEGIX	MGKQX	Difference
Sharpe ratio Return per unit of total volatility	0.50	-0.06	+0.57
Sortino ratio Return per unit of downside risk	0.95	0.10	+0.85
Omega ratio Gain probability vs. loss probability	1.12	1.02	+0.10
Calmar ratio Return relative to maximum drawdown	0.53	-0.16	+0.69
Martin ratio Return relative to average drawdown	1.40	-0.38	+1.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MEGIX vs. MGKQX - Sharpe Ratio Comparison

The current MEGIX Sharpe Ratio is 0.50, which is higher than the MGKQX Sharpe Ratio of -0.06. The chart below compares the historical Sharpe Ratios of MEGIX and MGKQX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MEGIX	MGKQX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.50	-0.06	+0.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.34	0.19	-0.53
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.36	-0.24

Correlation

The correlation between MEGIX and MGKQX is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

MEGIX vs. MGKQX - Dividend Comparison

Neither MEGIX nor MGKQX has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MEGIX Morgan Stanley Growth Portfolio	0.00%	0.00%	0.00%	0.00%	0.00%	34.82%	7.97%	5.35%	24.32%
MGKQX Morgan Stanley Global Permanence Portfolio	0.00%	0.00%	21.29%	5.29%	1.80%	16.33%	0.74%	0.00%	0.00%

Drawdowns

MEGIX vs. MGKQX - Drawdown Comparison

The maximum MEGIX drawdown since its inception was -87.16%, which is greater than MGKQX's maximum drawdown of -33.07%. Use the drawdown chart below to compare losses from any high point for MEGIX and MGKQX.

Drawdown Indicators

	MEGIX	MGKQX	Difference
Max Drawdown Largest peak-to-trough decline	-87.16%	-33.07%	-54.09%
Max Drawdown (1Y) Largest decline over 1 year	-28.03%	-25.97%	-2.06%
Max Drawdown (5Y) Largest decline over 5 years	-87.16%	-30.96%	-56.20%
Current Drawdown Current decline from peak	-66.55%	-23.27%	-43.28%
Average Drawdown Average peak-to-trough decline	-36.33%	-8.25%	-28.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.67%	10.84%	-0.17%

Volatility

MEGIX vs. MGKQX - Volatility Comparison

Morgan Stanley Growth Portfolio (MEGIX) has a higher volatility of 9.68% compared to Morgan Stanley Global Permanence Portfolio (MGKQX) at 6.88%. This indicates that MEGIX's price experiences larger fluctuations and is considered to be riskier than MGKQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MEGIX	MGKQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.68%	6.88%	+2.80%
Volatility (6M) Calculated over the trailing 6-month period	22.25%	24.31%	-2.06%
Volatility (1Y) Calculated over the trailing 1-year period	33.32%	27.28%	+6.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.76%	23.62%	+24.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.88%	23.84%	+16.04%