MEGIX vs. VGT
Compare and contrast key facts about Morgan Stanley Growth Portfolio (MEGIX) and Vanguard Information Technology ETF (VGT).
MEGIX is managed by Morgan Stanley. It was launched on Apr 30, 2017. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MEGIX or VGT.
Correlation
The correlation between MEGIX and VGT is 0.81, 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.
Performance
MEGIX vs. VGT - Performance Comparison
Key characteristics
MEGIX:
1.96
VGT:
1.29
MEGIX:
2.61
VGT:
1.75
MEGIX:
1.32
VGT:
1.23
MEGIX:
0.82
VGT:
1.82
MEGIX:
9.32
VGT:
6.46
MEGIX:
5.66%
VGT:
4.29%
MEGIX:
26.99%
VGT:
21.60%
MEGIX:
-75.54%
VGT:
-54.63%
MEGIX:
-43.90%
VGT:
-5.77%
Returns By Period
In the year-to-date period, MEGIX achieves a 1.02% return, which is significantly higher than VGT's -1.92% return. Over the past 10 years, MEGIX has underperformed VGT with an annualized return of 4.44%, while VGT has yielded a comparatively higher 20.94% annualized return.
MEGIX
1.02%
-5.68%
36.53%
55.18%
3.66%
4.44%
VGT
-1.92%
-4.66%
1.17%
27.43%
19.81%
20.94%
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MEGIX vs. VGT - Expense Ratio Comparison
MEGIX has a 0.57% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
MEGIX vs. VGT — Risk-Adjusted Performance Rank
MEGIX
VGT
MEGIX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Growth Portfolio (MEGIX) and Vanguard Information Technology ETF (VGT). 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.
Dividends
MEGIX vs. VGT - Dividend Comparison
MEGIX has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEGIX Morgan Stanley Growth Portfolio | 0.00% | 0.00% | 0.00% | 163.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.61% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
MEGIX vs. VGT - Drawdown Comparison
The maximum MEGIX drawdown since its inception was -75.54%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for MEGIX and VGT. For additional features, visit the drawdowns tool.
Volatility
MEGIX vs. VGT - Volatility Comparison
Morgan Stanley Growth Portfolio (MEGIX) has a higher volatility of 9.10% compared to Vanguard Information Technology ETF (VGT) at 6.33%. This indicates that MEGIX's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.