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MGGPX vs. CPOAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

MGGPX vs. CPOAX

Last updated Apr 2, 2026

Compare and contrast key facts about Morgan Stanley Global Opportunity Portfolio Class A (MGGPX) and Morgan Stanley Insight A (CPOAX).

MGGPX is a passively managed fund by Morgan Stanley that tracks the performance of the MSCI All Country World Index. It was launched on May 24, 2010. CPOAX is a passively managed fund by Morgan Stanley that tracks the performance of the Russell 3000 Growth Index. It was launched on Jan 29, 2002. Both MGGPX and CPOAX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

MGGPX vs. CPOAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Morgan Stanley Global Opportunity Portfolio Class A (MGGPX) and Morgan Stanley Insight A (CPOAX). The values are adjusted to include any dividend payments, if applicable.

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MGGPX vs. CPOAX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
MGGPX
Morgan Stanley Global Opportunity Portfolio Class A		-11.72%0.77%27.16%49.29%-41.77%-0.05%55.05%35.03%-5.96%49.03%
CPOAX
Morgan Stanley Insight A		-13.73%18.91%46.35%52.72%-61.02%-6.83%115.86%33.08%11.94%48.40%

Returns By Period

In the year-to-date period, MGGPX achieves a -11.72% return, which is significantly higher than CPOAX's -13.73% return. Over the past 10 years, MGGPX has underperformed CPOAX with an annualized return of 11.61%, while CPOAX has yielded a comparatively higher 15.06% annualized return.

MGGPX

1D
3.84%
1M
-8.60%
YTD
-11.72%
6M
-23.37%
1Y
-10.07%
3Y*
11.90%
5Y*
-0.55%
10Y*
11.61%

CPOAX

1D
4.70%
1M
-4.16%
YTD
-13.73%
6M
-22.63%
1Y
12.41%
3Y*
24.44%
5Y*
-3.92%
10Y*
15.06%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Morgan Stanley Global Opportunity Portfolio Class A

Morgan Stanley Insight A

Often compared with MGGPX:
MGGPX vs. VOOMGGPX vs. RGGYXMGGPX vs. FXAIXMGGPX vs. ^GSPCMGGPX vs. QQQMGGPX vs. MOATMGGPX vs. VXUS
Often compared with CPOAX:
CPOAX vs. MACGXCPOAX vs. VTICPOAX vs. FXAIXCPOAX vs. FBGRXCPOAX vs. SPYCPOAX vs. PIMIXCPOAX vs. IWM

MGGPX vs. CPOAX - Expense Ratio Comparison

MGGPX has a 1.25% expense ratio, which is higher than CPOAX's 1.15% expense ratio.

MGGPX
Morgan Stanley Global Opportunity Portfolio Class A
CPOAX
Morgan Stanley Insight A

Return for Risk

MGGPX vs. CPOAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MGGPX
MGGPX Risk / Return Rank: 22
Overall Rank
MGGPX Sharpe Ratio Rank: 22
Sharpe Ratio Rank
MGGPX Sortino Ratio Rank: 22
Sortino Ratio Rank
MGGPX Omega Ratio Rank: 22
Omega Ratio Rank
MGGPX Calmar Ratio Rank: 22
Calmar Ratio Rank
MGGPX Martin Ratio Rank: 22
Martin Ratio Rank
CPOAX
CPOAX Risk / Return Rank: 1515
Overall Rank
CPOAX Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
CPOAX Sortino Ratio Rank: 1818
Sortino Ratio Rank
CPOAX Omega Ratio Rank: 1515
Omega Ratio Rank
CPOAX Calmar Ratio Rank: 1414
Calmar Ratio Rank
CPOAX Martin Ratio Rank: 1212
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MGGPX vs. CPOAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Global Opportunity Portfolio Class A (MGGPX) and Morgan Stanley Insight A (CPOAX). 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.

MGGPXCPOAXDifference

Sharpe ratio

Return per unit of total volatility

-0.39

0.43

-0.82

Sortino ratio

Return per unit of downside risk

-0.37

0.86

-1.23

Omega ratio

Gain probability vs. loss probability

0.94

1.11

-0.16

Calmar ratio

Return relative to maximum drawdown

-0.46

0.45

-0.90

Martin ratio

Return relative to average drawdown

-1.22

1.15

-2.36

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MGGPX vs. CPOAX - Sharpe Ratio Comparison

The current MGGPX Sharpe Ratio is -0.39, which is lower than the CPOAX Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of MGGPX and CPOAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

MGGPXCPOAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.39

0.43

-0.82

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.02

-0.10

+0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

0.45

+0.06

Sharpe Ratio (All Time)

Calculated using the full available price history

0.63

0.33

+0.31

Correlation

The correlation between MGGPX and CPOAX is 0.82, 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

MGGPX vs. CPOAX - Dividend Comparison

Neither MGGPX nor CPOAX has paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
MGGPX
Morgan Stanley Global Opportunity Portfolio Class A		0.00%0.00%9.95%2.27%24.31%5.14%1.20%0.00%0.82%0.40%7.23%1.29%
CPOAX
Morgan Stanley Insight A		0.00%0.00%0.61%0.00%51.84%14.94%9.06%7.29%9.33%28.73%9.83%8.92%

Drawdowns

MGGPX vs. CPOAX - Drawdown Comparison

The maximum MGGPX drawdown since its inception was -51.83%, smaller than the maximum CPOAX drawdown of -84.57%. Use the drawdown chart below to compare losses from any high point for MGGPX and CPOAX.

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Drawdown Indicators

MGGPXCPOAXDifference

Max Drawdown

Largest peak-to-trough decline

-51.83%

-84.57%

+32.74%

Max Drawdown (1Y)

Largest decline over 1 year

-28.32%

-28.37%

+0.05%

Max Drawdown (5Y)

Largest decline over 5 years

-51.14%

-70.73%

+19.59%

Max Drawdown (10Y)

Largest decline over 10 years

-51.83%

-71.33%

+19.50%

Current Drawdown

Current decline from peak

-25.46%

-31.61%

+6.15%

Average Drawdown

Average peak-to-trough decline

-9.36%

-39.31%

+29.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

10.61%

11.09%

-0.48%

Volatility

MGGPX vs. CPOAX - Volatility Comparison

The current volatility for Morgan Stanley Global Opportunity Portfolio Class A (MGGPX) is 8.93%, while Morgan Stanley Insight A (CPOAX) has a volatility of 10.10%. This indicates that MGGPX experiences smaller price fluctuations and is considered to be less risky than CPOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

MGGPXCPOAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.93%

10.10%

-1.17%

Volatility (6M)

Calculated over the trailing 6-month period

18.84%

22.93%

-4.09%

Volatility (1Y)

Calculated over the trailing 1-year period

25.14%

33.54%

-8.40%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.97%

39.87%

-13.90%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.95%

33.91%

-10.96%