MGGIX vs. SCHF
MGGIX (Morgan Stanley Institutional Fund, Inc. Global Opportunity Portfolio) and SCHF (Schwab International Equity ETF) are both funds - MGGIX is a Global Equities fund managed by T. Rowe Price, while SCHF is a Foreign Large Cap Equities fund tracking the FTSE Developed ex U.S. Index. Over the past 10 years, MGGIX returned 12.60%/yr vs 10.18%/yr for SCHF. Their 0.75 correlation means they have sometimes moved together and sometimes differently. MGGIX charges 0.95%/yr vs 0.06%/yr for SCHF.
Performance
MGGIX vs. SCHF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MGGIX achieves a -0.11% return, which is significantly lower than SCHF's 14.79% return. Over the past 10 years, MGGIX has outperformed SCHF with an annualized return of 12.60%, while SCHF has yielded a comparatively lower 10.18% annualized return.
MGGIX
- 1D
- 2.63%
- 1M
- -4.10%
- 6M
- 0.91%
- YTD
- -0.11%
- 1Y
- -8.62%
- 3Y*
- 11.17%
- 5Y*
- 1.88%
- 10Y*
- 12.60%
- ALL TIME*
- 11.72%
SCHF
- 1D
- -0.58%
- 1M
- -0.15%
- 6M
- 8.48%
- YTD
- 14.79%
- 1Y
- 30.87%
- 3Y*
- 18.32%
- 5Y*
- 10.08%
- 10Y*
- 10.18%
- ALL TIME*
- 7.84%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $215.25M | $219.24M | $213.98M |
MGGIX vs. SCHF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGGIX Morgan Stanley Institutional Fund, Inc. Global Opportunity Portfolio | -0.11% | 1.86% | 27.50% | 49.70% | -41.57% | 0.22% | 55.49% | 35.44% | -5.65% | 49.45% |
SCHF Schwab International Equity ETF | 14.79% | 34.55% | 3.28% | 18.35% | -14.80% | 11.40% | 9.48% | 22.26% | -14.29% | 26.03% |
Correlation
The correlation between MGGIX and SCHF is 0.75, 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. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.71 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.73 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2009 | 0.75 |
The correlation between MGGIX and SCHF has been stable across timeframes, ranging from 0.71 to 0.75 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MGGIX vs. SCHF — Risk / Return Rank
MGGIX
SCHF
MGGIX vs. SCHF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund, Inc. Global Opportunity Portfolio (MGGIX) and Schwab International Equity ETF (SCHF). 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.
| MGGIX | SCHF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.20 | ||
| Sortino ratioReturn per unit of downside risk | -2.87 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.32 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | 2.65 | -3.04 |
| Martin ratioReturn relative to average drawdown | -0.81 | 9.84 | -10.65 |
Loading charts...
Drawdowns
MGGIX vs. SCHF - Drawdown Comparison
The maximum MGGIX drawdown since its inception was -59.08%, which is greater than SCHF's maximum drawdown of -34.87%. Use the drawdown chart below to compare losses from any high point for MGGIX and SCHF.
Loading charts...
Drawdown Indicators
| MGGIX | SCHF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.08% | -34.87% | -24.21% |
Max Drawdown (1Y)Largest decline over 1 year | -27.65% | -11.48% | -16.17% |
Max Drawdown (3Y)Largest decline over 3 years | -27.65% | -13.41% | -14.24% |
Max Drawdown (5Y)Largest decline over 5 years | -51.02% | -29.14% | -21.88% |
Max Drawdown (10Y)Largest decline over 10 years | -51.60% | -34.87% | -16.73% |
Current DrawdownCurrent decline from peak | -14.93% | -2.45% | -12.48% |
Average DrawdownAverage peak-to-trough decline | -11.24% | -7.33% | -3.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.29% | 3.08% | +10.21% |
Volatility
MGGIX vs. SCHF - Volatility Comparison
Morgan Stanley Institutional Fund, Inc. Global Opportunity Portfolio (MGGIX) has a higher volatility of 6.76% compared to Schwab International Equity ETF (SCHF) at 5.38%. This indicates that MGGIX's price experiences larger fluctuations and is considered to be riskier than SCHF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MGGIX | SCHF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.76% | 5.38% | +1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 18.92% | 15.48% | +3.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.22% | 17.39% | +6.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.48% | 16.70% | +9.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.24% | 17.05% | +6.19% |
MGGIX vs. SCHF - Expense Ratio Comparison
MGGIX has a 0.95% expense ratio, which is higher than SCHF's 0.06% expense ratio.
Dividends
MGGIX vs. SCHF - Dividend Comparison
MGGIX has not paid dividends to shareholders, while SCHF's dividend yield for the trailing twelve months is around 3.07%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGGIX Morgan Stanley Institutional Fund, Inc. Global Opportunity Portfolio | 0.00% | 0.00% | 9.27% | 2.13% | 22.94% | 4.92% | 1.16% | 0.00% | 0.79% | 0.39% | 7.04% | 1.26% |
SCHF Schwab International Equity ETF | 3.07% | 3.42% | 3.26% | 2.97% | 2.80% | 3.19% | 2.08% | 2.95% | 3.06% | 2.35% | 2.58% | 2.26% |
Frequently Asked Questions
MGGIX and SCHF have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MGGIX has higher volatility (6.76%) compared to SCHF (5.38%). In terms of maximum drawdown, MGGIX dropped -59.08% vs SCHF's -34.87%.
SCHF currently has the higher Sharpe Ratio (1.75 vs -0.44), 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.
Find the right allocation for MGGIX and SCHF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer