MGEMX vs. EAEMX
Compare and contrast key facts about Morgan Stanley Institutional Fund, Inc. Emerging Markets Portfolio (MGEMX) and Parametric Emerging Markets Fund (EAEMX).
MGEMX is managed by T. Rowe Price. It was launched on Sep 24, 1992. EAEMX is managed by Eaton Vance. It was launched on Jun 29, 2006.
Performance
MGEMX vs. EAEMX - Performance Comparison
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MGEMX vs. EAEMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGEMX Morgan Stanley Institutional Fund, Inc. Emerging Markets Portfolio | 3.63% | -34.08% | 8.07% | 12.16% | -25.07% | 3.53% | 14.59% | 37.21% | -17.34% | 34.98% |
EAEMX Parametric Emerging Markets Fund | 2.89% | 27.16% | 5.39% | 9.46% | -11.27% | 4.19% | 2.65% | 12.32% | -14.02% | 27.03% |
Returns By Period
In the year-to-date period, MGEMX achieves a 3.63% return, which is significantly higher than EAEMX's 2.89% return. Over the past 10 years, MGEMX has underperformed EAEMX with an annualized return of 1.46%, while EAEMX has yielded a comparatively higher 6.23% annualized return.
MGEMX
- 1D
- 3.34%
- 1M
- -10.52%
- YTD
- 3.63%
- 6M
- -45.69%
- 1Y
- -33.16%
- 3Y*
- -6.94%
- 5Y*
- -9.33%
- 10Y*
- 1.46%
EAEMX
- 1D
- 1.89%
- 1M
- -6.17%
- YTD
- 2.89%
- 6M
- 6.54%
- 1Y
- 26.50%
- 3Y*
- 13.51%
- 5Y*
- 6.33%
- 10Y*
- 6.23%
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MGEMX vs. EAEMX - Expense Ratio Comparison
MGEMX has a 1.05% expense ratio, which is lower than EAEMX's 1.58% expense ratio.
Return for Risk
MGEMX vs. EAEMX — Risk / Return Rank
MGEMX
EAEMX
MGEMX vs. EAEMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund, Inc. Emerging Markets Portfolio (MGEMX) and Parametric Emerging Markets Fund (EAEMX). 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.
| MGEMX | EAEMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.61 | 2.25 | -2.86 |
Sortino ratioReturn per unit of downside risk | -0.34 | 2.86 | -3.20 |
Omega ratioGain probability vs. loss probability | 0.87 | 1.46 | -0.59 |
Calmar ratioReturn relative to maximum drawdown | -0.66 | 2.68 | -3.34 |
Martin ratioReturn relative to average drawdown | -1.39 | 10.25 | -11.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MGEMX | EAEMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.61 | 2.25 | -2.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.33 | 0.56 | -0.89 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.06 | 0.47 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.28 | 0.00 |
Correlation
The correlation between MGEMX and EAEMX is 0.92, 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.
Dividends
MGEMX vs. EAEMX - Dividend Comparison
MGEMX has not paid dividends to shareholders, while EAEMX's dividend yield for the trailing twelve months is around 2.75%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGEMX Morgan Stanley Institutional Fund, Inc. Emerging Markets Portfolio | 0.00% | 0.00% | 1.27% | 2.48% | 4.48% | 9.05% | 1.07% | 26.00% | 2.46% | 0.60% | 0.82% | 0.87% |
EAEMX Parametric Emerging Markets Fund | 2.75% | 2.83% | 3.00% | 2.71% | 4.40% | 1.64% | 1.08% | 2.48% | 2.14% | 2.31% | 1.52% | 1.68% |
Drawdowns
MGEMX vs. EAEMX - Drawdown Comparison
The maximum MGEMX drawdown since its inception was -64.93%, roughly equal to the maximum EAEMX drawdown of -62.70%. Use the drawdown chart below to compare losses from any high point for MGEMX and EAEMX.
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Drawdown Indicators
| MGEMX | EAEMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.93% | -62.70% | -2.23% |
Max Drawdown (1Y)Largest decline over 1 year | -52.50% | -9.90% | -42.60% |
Max Drawdown (5Y)Largest decline over 5 years | -52.50% | -25.43% | -27.07% |
Max Drawdown (10Y)Largest decline over 10 years | -52.50% | -44.16% | -8.34% |
Current DrawdownCurrent decline from peak | -48.42% | -8.20% | -40.22% |
Average DrawdownAverage peak-to-trough decline | -19.72% | -13.58% | -6.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.89% | 2.59% | +22.30% |
Volatility
MGEMX vs. EAEMX - Volatility Comparison
Morgan Stanley Institutional Fund, Inc. Emerging Markets Portfolio (MGEMX) has a higher volatility of 10.41% compared to Parametric Emerging Markets Fund (EAEMX) at 5.94%. This indicates that MGEMX's price experiences larger fluctuations and is considered to be riskier than EAEMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGEMX | EAEMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.41% | 5.94% | +4.47% |
Volatility (6M)Calculated over the trailing 6-month period | 72.88% | 8.80% | +64.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.60% | 12.17% | +42.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.67% | 11.42% | +17.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.48% | 13.38% | +11.10% |