MEGIX vs. MUIIX
MEGIX (Morgan Stanley Growth Portfolio) and MUIIX (Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio) are both mutual funds - MEGIX is a Large Cap Growth Equities fund managed by Morgan Stanley, while MUIIX is a Ultrashort Bond fund managed by Morgan Stanley. Over the past 5 years, MEGIX returned -1.72%/yr vs 3.29%/yr for MUIIX. Their 0.03 correlation means their historical movements had little consistent relationship. MEGIX charges 0.57%/yr vs 0.35%/yr for MUIIX.
Performance
MEGIX vs. MUIIX - Performance Comparison
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Returns By Period
In the year-to-date period, MEGIX achieves a -10.79% return, which is significantly lower than MUIIX's 1.78% return.
MEGIX
- 1D
- -2.16%
- 1M
- -8.12%
- 6M
- -2.53%
- YTD
- -10.79%
- 1Y
- -6.05%
- 3Y*
- 23.24%
- 5Y*
- -1.72%
- 10Y*
- —
- ALL TIME*
- 15.07%
MUIIX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 1.45%
- YTD
- 1.78%
- 1Y
- 3.58%
- 3Y*
- 4.24%
- 5Y*
- 3.29%
- 10Y*
- —
- ALL TIME*
- 2.69%
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 |
MEGIX vs. MUIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MEGIX Morgan Stanley Growth Portfolio | -10.79% | 35.72% | 46.59% | 48.66% | -60.94% | -0.20% | 131.04% |
MUIIX Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio | 1.78% | 4.47% | 4.94% | 4.17% | 1.10% | 0.10% | 0.49% |
Correlation
The correlation between MEGIX and MUIIX is 0.11, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.11 |
Correlation (3Y) Balances recent behavior with more history. | 0.02 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.04 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2020 | 0.03 |
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Return for Risk
MEGIX vs. MUIIX — Risk / Return Rank
MEGIX
MUIIX
MEGIX vs. MUIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Growth Portfolio (MEGIX) and Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio (MUIIX). 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.
| MEGIX | MUIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.62 | ||
| Sortino ratioReturn per unit of downside risk | -16.47 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 8.23 | -7.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 36.91 | -37.25 |
| Martin ratioReturn relative to average drawdown | -0.65 | 130.77 | -131.42 |
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Drawdowns
MEGIX vs. MUIIX - Drawdown Comparison
The maximum MEGIX drawdown since its inception was -69.99%, which is greater than MUIIX's maximum drawdown of -1.20%. Use the drawdown chart below to compare losses from any high point for MEGIX and MUIIX.
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Drawdown Indicators
| MEGIX | MUIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.99% | -1.20% | -68.79% |
Max Drawdown (1Y)Largest decline over 1 year | -28.03% | -0.10% | -27.93% |
Max Drawdown (3Y)Largest decline over 3 years | -32.12% | -1.20% | -30.92% |
Max Drawdown (5Y)Largest decline over 5 years | -69.99% | -1.20% | -68.79% |
Current DrawdownCurrent decline from peak | -20.54% | 0.00% | -20.54% |
Average DrawdownAverage peak-to-trough decline | -22.93% | -0.06% | -22.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.69% | 0.03% | +14.66% |
Volatility
MEGIX vs. MUIIX - Volatility Comparison
Morgan Stanley Growth Portfolio (MEGIX) has a higher volatility of 7.39% compared to Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio (MUIIX) at 0.00%. This indicates that MEGIX's price experiences larger fluctuations and is considered to be riskier than MUIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MEGIX | MUIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.39% | 0.00% | +7.39% |
Volatility (6M)Calculated over the trailing 6-month period | 23.37% | 0.81% | +22.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.00% | 1.17% | +28.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.01% | 1.60% | +38.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.65% | 1.43% | +33.22% |
MEGIX vs. MUIIX - Expense Ratio Comparison
MEGIX has a 0.57% expense ratio, which is higher than MUIIX's 0.35% expense ratio.
Dividends
MEGIX vs. MUIIX - Dividend Comparison
MEGIX's dividend yield for the trailing twelve months is around 12.65%, more than MUIIX's 3.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
MEGIX Morgan Stanley Growth Portfolio | 12.65% | 0.00% | 0.00% | 0.00% | 163.32% | 34.82% | 7.97% | 5.35% | 24.32% |
MUIIX Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio | 3.61% | 4.36% | 4.81% | 3.88% | 1.20% | 0.10% | 0.39% | 0.00% | 0.00% |
Frequently Asked Questions
MEGIX and MUIIX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MEGIX has higher volatility (7.39%) compared to MUIIX (0.00%). In terms of maximum drawdown, MEGIX dropped -69.99% vs MUIIX's -1.20%.
MUIIX currently has the higher Sharpe Ratio (3.30 vs -0.32), 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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