MEGIX vs. SWLGX
MEGIX (Morgan Stanley Growth Portfolio) and SWLGX (Schwab U.S. Large-Cap Growth Index Fund) are both Large Cap Growth Equities funds. Over the past 5 years, MEGIX returned -1.72%/yr vs 11.85%/yr for SWLGX. Their 0.78 correlation means they have sometimes moved together and sometimes differently. MEGIX charges 0.57%/yr vs 0.04%/yr for SWLGX.
Performance
MEGIX vs. SWLGX - 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 SWLGX's 0.29% 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%
SWLGX
- 1D
- 0.80%
- 1M
- -2.44%
- 6M
- 1.56%
- YTD
- 0.29%
- 1Y
- 10.12%
- 3Y*
- 19.35%
- 5Y*
- 11.85%
- 10Y*
- —
- ALL TIME*
- 16.66%
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. SWLGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MEGIX Morgan Stanley Growth Portfolio | -10.79% | 35.72% | 46.59% | 48.66% | -60.94% | -0.20% | 117.49% | 31.82% | 7.73% | -1.19% |
SWLGX Schwab U.S. Large-Cap Growth Index Fund | 0.29% | 18.55% | 33.30% | 42.67% | -29.17% | 27.55% | 38.43% | 36.30% | -1.59% | -0.60% |
Correlation
The correlation between MEGIX and SWLGX is 0.73, 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. | 0.73 |
Correlation (3Y) Balances recent behavior with more history. | 0.74 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.77 |
Correlation (All Time) Calculated using the full available price history since Dec 19, 2017 | 0.78 |
The correlation between MEGIX and SWLGX has been stable across timeframes, ranging from 0.73 to 0.78 - a consistent structural relationship.
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Return for Risk
MEGIX vs. SWLGX — Risk / Return Rank
MEGIX
SWLGX
MEGIX vs. SWLGX - 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 Index Fund (SWLGX). 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 | SWLGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -1.01 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.09 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 0.50 | -0.84 |
| Martin ratioReturn relative to average drawdown | -0.65 | 1.49 | -2.14 |
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Drawdowns
MEGIX vs. SWLGX - Drawdown Comparison
The maximum MEGIX drawdown since its inception was -69.99%, which is greater than SWLGX's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for MEGIX and SWLGX.
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Drawdown Indicators
| MEGIX | SWLGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.99% | -32.69% | -37.30% |
Max Drawdown (1Y)Largest decline over 1 year | -28.03% | -16.16% | -11.87% |
Max Drawdown (3Y)Largest decline over 3 years | -32.12% | -23.30% | -8.82% |
Max Drawdown (5Y)Largest decline over 5 years | -69.99% | -32.69% | -37.30% |
Current DrawdownCurrent decline from peak | -20.54% | -8.01% | -12.53% |
Average DrawdownAverage peak-to-trough decline | -22.93% | -7.03% | -15.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.69% | 5.39% | +9.30% |
Volatility
MEGIX vs. SWLGX - Volatility Comparison
Morgan Stanley Growth Portfolio (MEGIX) has a higher volatility of 7.39% compared to Schwab U.S. Large-Cap Growth Index Fund (SWLGX) at 6.43%. This indicates that MEGIX's price experiences larger fluctuations and is considered to be riskier than SWLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MEGIX | SWLGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.39% | 6.43% | +0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 23.37% | 14.03% | +9.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.00% | 17.51% | +12.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.01% | 21.80% | +18.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.65% | 22.68% | +11.97% |
MEGIX vs. SWLGX - Expense Ratio Comparison
MEGIX has a 0.57% expense ratio, which is higher than SWLGX's 0.04% expense ratio.
Dividends
MEGIX vs. SWLGX - Dividend Comparison
MEGIX's dividend yield for the trailing twelve months is around 12.65%, more than SWLGX's 0.46% 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% |
SWLGX Schwab U.S. Large-Cap Growth Index Fund | 0.46% | 0.46% | 0.52% | 0.67% | 0.93% | 1.76% | 0.67% | 0.96% | 1.03% |
Frequently Asked Questions
MEGIX and SWLGX have a correlation of 0.73, 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 SWLGX (6.43%). In terms of maximum drawdown, MEGIX dropped -69.99% vs SWLGX's -32.69%.
SWLGX currently has the higher Sharpe Ratio (0.46 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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