MGGIX vs. FEOPX
Compare and contrast key facts about Morgan Stanley Institutional Fund, Inc. Global Opportunity Portfolio (MGGIX) and Fidelity Enduring Opportunities Fund (FEOPX).
MGGIX is managed by T. Rowe Price. It was launched on May 29, 2008. FEOPX is managed by Fidelity. It was launched on Nov 5, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGGIX or FEOPX.
Key characteristics
| MGGIX | FEOPX | |
|---|---|---|
| YTD Return | 27.24% | 19.25% |
| 1Y Return | 40.12% | 34.37% |
| 3Y Return (Ann) | -8.02% | 0.66% |
| 5Y Return (Ann) | 6.65% | 11.74% |
| Sharpe Ratio | 2.41 | 2.58 |
| Sortino Ratio | 3.24 | 3.57 |
| Omega Ratio | 1.42 | 1.47 |
| Calmar Ratio | 0.87 | 1.40 |
| Martin Ratio | 15.69 | 16.06 |
| Ulcer Index | 2.53% | 2.11% |
| Daily Std Dev | 16.49% | 13.09% |
| Max Drawdown | -59.75% | -38.29% |
| Current Drawdown | -23.59% | -0.12% |
Correlation
The correlation between MGGIX and FEOPX is 0.89, 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
MGGIX vs. FEOPX - Performance Comparison
In the year-to-date period, MGGIX achieves a 27.24% return, which is significantly higher than FEOPX's 19.25% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MGGIX vs. FEOPX - Expense Ratio Comparison
MGGIX has a 0.95% expense ratio, which is lower than FEOPX's 1.05% expense ratio.
Risk-Adjusted Performance
MGGIX vs. FEOPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund, Inc. Global Opportunity Portfolio (MGGIX) and Fidelity Enduring Opportunities Fund (FEOPX). 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
MGGIX vs. FEOPX - Dividend Comparison
MGGIX has not paid dividends to shareholders, while FEOPX's dividend yield for the trailing twelve months is around 0.26%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
MGGIX Morgan Stanley Institutional Fund, Inc. Global Opportunity Portfolio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FEOPX Fidelity Enduring Opportunities Fund | 0.26% | 0.30% | 0.00% | 0.18% | 0.00% | 0.09% |
Drawdowns
MGGIX vs. FEOPX - Drawdown Comparison
The maximum MGGIX drawdown since its inception was -59.75%, which is greater than FEOPX's maximum drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for MGGIX and FEOPX. For additional features, visit the drawdowns tool.
Volatility
MGGIX vs. FEOPX - Volatility Comparison
Morgan Stanley Institutional Fund, Inc. Global Opportunity Portfolio (MGGIX) has a higher volatility of 4.30% compared to Fidelity Enduring Opportunities Fund (FEOPX) at 3.35%. This indicates that MGGIX's price experiences larger fluctuations and is considered to be riskier than FEOPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.