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MFAIX vs. FSPSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MFAIX and FSPSX is 0.85, 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.


-0.50.00.51.00.8

Performance

MFAIX vs. FSPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Morgan Stanley Institutional Fund, Inc. International Advantage Portfolio (MFAIX) and Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%SeptemberOctoberNovemberDecember2025February
8.62%
1.43%
MFAIX
FSPSX

Key characteristics

Sharpe Ratio

MFAIX:

0.78

FSPSX:

0.90

Sortino Ratio

MFAIX:

1.20

FSPSX:

1.30

Omega Ratio

MFAIX:

1.14

FSPSX:

1.16

Calmar Ratio

MFAIX:

0.38

FSPSX:

1.11

Martin Ratio

MFAIX:

2.84

FSPSX:

2.61

Ulcer Index

MFAIX:

4.31%

FSPSX:

4.36%

Daily Std Dev

MFAIX:

15.81%

FSPSX:

12.72%

Max Drawdown

MFAIX:

-48.49%

FSPSX:

-33.69%

Current Drawdown

MFAIX:

-17.99%

FSPSX:

-1.90%

Returns By Period

In the year-to-date period, MFAIX achieves a 10.87% return, which is significantly higher than FSPSX's 8.14% return. Over the past 10 years, MFAIX has outperformed FSPSX with an annualized return of 7.35%, while FSPSX has yielded a comparatively lower 5.51% annualized return.


MFAIX

YTD

10.87%

1M

7.47%

6M

8.62%

1Y

12.47%

5Y*

5.43%

10Y*

7.35%

FSPSX

YTD

8.14%

1M

6.42%

6M

1.43%

1Y

10.62%

5Y*

6.87%

10Y*

5.51%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


MFAIX vs. FSPSX - Expense Ratio Comparison

MFAIX has a 1.01% expense ratio, which is higher than FSPSX's 0.04% expense ratio.


MFAIX
Morgan Stanley Institutional Fund, Inc. International Advantage Portfolio
Expense ratio chart for MFAIX: current value at 1.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.01%
Expense ratio chart for FSPSX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

MFAIX vs. FSPSX — Risk-Adjusted Performance Rank

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

MFAIX
The Risk-Adjusted Performance Rank of MFAIX is 3636
Overall Rank
The Sharpe Ratio Rank of MFAIX is 3636
Sharpe Ratio Rank
The Sortino Ratio Rank of MFAIX is 4040
Sortino Ratio Rank
The Omega Ratio Rank of MFAIX is 3333
Omega Ratio Rank
The Calmar Ratio Rank of MFAIX is 2929
Calmar Ratio Rank
The Martin Ratio Rank of MFAIX is 4242
Martin Ratio Rank

FSPSX
The Risk-Adjusted Performance Rank of FSPSX is 4646
Overall Rank
The Sharpe Ratio Rank of FSPSX is 4343
Sharpe Ratio Rank
The Sortino Ratio Rank of FSPSX is 4444
Sortino Ratio Rank
The Omega Ratio Rank of FSPSX is 3939
Omega Ratio Rank
The Calmar Ratio Rank of FSPSX is 6666
Calmar Ratio Rank
The Martin Ratio Rank of FSPSX is 3838
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MFAIX vs. FSPSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund, Inc. International Advantage Portfolio (MFAIX) and Fidelity International Index Fund (FSPSX). 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.


Sharpe ratio
The chart of Sharpe ratio for MFAIX, currently valued at 0.78, compared to the broader market-1.000.001.002.003.004.000.780.90
The chart of Sortino ratio for MFAIX, currently valued at 1.20, compared to the broader market0.002.004.006.008.0010.0012.001.201.30
The chart of Omega ratio for MFAIX, currently valued at 1.14, compared to the broader market1.002.003.004.001.141.16
The chart of Calmar ratio for MFAIX, currently valued at 0.38, compared to the broader market0.005.0010.0015.0020.000.381.11
The chart of Martin ratio for MFAIX, currently valued at 2.84, compared to the broader market0.0020.0040.0060.0080.002.842.61
MFAIX
FSPSX

The current MFAIX Sharpe Ratio is 0.78, which is comparable to the FSPSX Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of MFAIX and FSPSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00SeptemberOctoberNovemberDecember2025February
0.78
0.90
MFAIX
FSPSX

Dividends

MFAIX vs. FSPSX - Dividend Comparison

MFAIX's dividend yield for the trailing twelve months is around 0.12%, less than FSPSX's 3.03% yield.


TTM20242023202220212020201920182017201620152014
MFAIX
Morgan Stanley Institutional Fund, Inc. International Advantage Portfolio
0.12%0.14%0.05%0.00%0.00%0.04%0.01%0.00%0.00%0.00%0.81%0.53%
FSPSX
Fidelity International Index Fund
3.03%3.27%2.79%2.66%3.07%1.84%3.18%2.79%2.36%2.99%2.79%3.53%

Drawdowns

MFAIX vs. FSPSX - Drawdown Comparison

The maximum MFAIX drawdown since its inception was -48.49%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for MFAIX and FSPSX. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2025February
-17.99%
-1.90%
MFAIX
FSPSX

Volatility

MFAIX vs. FSPSX - Volatility Comparison

Morgan Stanley Institutional Fund, Inc. International Advantage Portfolio (MFAIX) has a higher volatility of 5.12% compared to Fidelity International Index Fund (FSPSX) at 3.60%. This indicates that MFAIX's price experiences larger fluctuations and is considered to be riskier than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%SeptemberOctoberNovemberDecember2025February
5.12%
3.60%
MFAIX
FSPSX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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