MEGIX vs. SCHG
MEGIX (Morgan Stanley Growth Portfolio) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both Large Cap Growth Equities funds. Over the past 5 years, MEGIX returned -1.29%/yr vs 13.15%/yr for SCHG. Their 0.78 correlation means they have sometimes moved together and sometimes differently. MEGIX charges 0.57%/yr vs 0.04%/yr for SCHG.
Performance
MEGIX vs. SCHG - Performance Comparison
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Returns By Period
In the year-to-date period, MEGIX achieves a -8.81% return, which is significantly lower than SCHG's 4.99% return.
MEGIX
- 1D
- 2.07%
- 1M
- -6.09%
- 6M
- -0.33%
- YTD
- -8.81%
- 1Y
- -3.97%
- 3Y*
- 23.52%
- 5Y*
- -1.29%
- 10Y*
- —
- ALL TIME*
- 15.34%
SCHG
- 1D
- 1.12%
- 1M
- 0.15%
- 6M
- 7.02%
- YTD
- 4.99%
- 1Y
- 16.16%
- 3Y*
- 21.39%
- 5Y*
- 13.15%
- 10Y*
- 18.27%
- ALL TIME*
- 16.34%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $247.66M | $249.87M | $339.91M |
MEGIX vs. SCHG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MEGIX Morgan Stanley Growth Portfolio | -8.81% | 35.72% | 46.59% | 48.66% | -60.94% | -0.20% | 117.49% | 31.82% | 7.73% | 19.35% |
SCHG Schwab U.S. Large-Cap Growth ETF | 4.99% | 17.50% | 34.95% | 50.10% | -31.80% | 28.11% | 39.14% | 36.02% | -1.36% | 23.68% |
Correlation
The correlation between MEGIX and SCHG is 0.77, 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. | 0.77 |
Correlation (3Y) Balances recent behavior with more history. | 0.76 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.79 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.78 |
The correlation between MEGIX and SCHG has been stable across timeframes, ranging from 0.76 to 0.79 - a consistent structural relationship.
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Return for Risk
MEGIX vs. SCHG — Risk / Return Rank
MEGIX
SCHG
MEGIX vs. SCHG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Growth Portfolio (MEGIX) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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 | SCHG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.30 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.15 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.23 | 0.83 | -1.06 |
| Martin ratioReturn relative to average drawdown | -0.44 | 2.62 | -3.06 |
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Drawdowns
MEGIX vs. SCHG - Drawdown Comparison
The maximum MEGIX drawdown since its inception was -69.99%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for MEGIX and SCHG.
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Drawdown Indicators
| MEGIX | SCHG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.99% | -34.59% | -35.40% |
Max Drawdown (1Y)Largest decline over 1 year | -28.03% | -16.41% | -11.62% |
Max Drawdown (3Y)Largest decline over 3 years | -32.12% | -23.39% | -8.73% |
Max Drawdown (5Y)Largest decline over 5 years | -69.99% | -34.59% | -35.40% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.59% | — |
Current DrawdownCurrent decline from peak | -18.78% | -3.10% | -15.68% |
Average DrawdownAverage peak-to-trough decline | -22.93% | -5.19% | -17.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.64% | 5.19% | +9.45% |
Volatility
MEGIX vs. SCHG - Volatility Comparison
Morgan Stanley Growth Portfolio (MEGIX) has a higher volatility of 7.40% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 4.32%. This indicates that MEGIX's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MEGIX | SCHG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.40% | 4.32% | +3.08% |
Volatility (6M)Calculated over the trailing 6-month period | 23.32% | 12.90% | +10.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.92% | 16.67% | +13.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.01% | 22.42% | +17.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.65% | 21.59% | +13.06% |
MEGIX vs. SCHG - Expense Ratio Comparison
MEGIX has a 0.57% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Dividends
MEGIX vs. SCHG - Dividend Comparison
MEGIX's dividend yield for the trailing twelve months is around 12.37%, more than SCHG's 0.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEGIX Morgan Stanley Growth Portfolio | 12.37% | 0.00% | 0.00% | 0.00% | 163.32% | 34.82% | 7.97% | 5.35% | 24.32% | 0.00% | 0.00% | 0.00% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.38% | 0.36% | 0.39% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% |
Frequently Asked Questions
MEGIX and SCHG have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MEGIX has higher volatility (7.40%) compared to SCHG (4.32%). In terms of maximum drawdown, MEGIX dropped -69.99% vs SCHG's -34.59%.
SCHG currently has the higher Sharpe Ratio (0.82 vs -0.22), 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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