MGGIX vs. SPGM

In the year-to-date period, MGGIX achieves a 2.35% return, which is significantly higher than SPGM's -1.72% return. Both investments have delivered pretty close results over the past 10 years, with MGGIX having a 8.39% annualized return and SPGM not far ahead at 8.61%.

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MGGIX has a 0.95% expense ratio, which is higher than SPGM's 0.09% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund, Inc. Global Opportunity Portfolio (MGGIX) and SPDR Portfolio MSCI Global Stock Market ETF (SPGM). 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.

The current MGGIX Sharpe Ratio is 0.34, which is lower than the SPGM Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of MGGIX and SPGM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

MGGIX has not paid dividends to shareholders, while SPGM's dividend yield for the trailing twelve months is around 2.02%.

The maximum MGGIX drawdown since its inception was -59.75%, smaller than the maximum SPGM drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for MGGIX and SPGM. For additional features, visit the drawdowns tool.

Morgan Stanley Institutional Fund, Inc. Global Opportunity Portfolio (MGGIX) has a higher volatility of 14.81% compared to SPDR Portfolio MSCI Global Stock Market ETF (SPGM) at 12.81%. This indicates that MGGIX's price experiences larger fluctuations and is considered to be riskier than SPGM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.