MGKQX vs. CAF
Compare and contrast key facts about Morgan Stanley Global Permanence Portfolio (MGKQX) and Morgan Stanley China A Share Fund (CAF).
MGKQX is managed by Morgan Stanley. It was launched on Apr 29, 2019. CAF is an actively managed fund by Morgan Stanley. It was launched on Jul 6, 2006.
Performance
MGKQX vs. CAF - Performance Comparison
Loading graphics...
MGKQX vs. CAF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MGKQX Morgan Stanley Global Permanence Portfolio | -3.40% | 5.52% | 10.81% | 20.89% | -19.81% | 19.55% | 27.09% | 6.40% |
CAF Morgan Stanley China A Share Fund | -0.35% | 41.51% | 0.34% | -9.39% | -30.41% | -1.77% | 12.74% | -2.79% |
Returns By Period
In the year-to-date period, MGKQX achieves a -3.40% return, which is significantly lower than CAF's -0.35% return.
MGKQX
- 1D
- 3.56%
- 1M
- -4.75%
- YTD
- -3.40%
- 6M
- -21.98%
- 1Y
- -2.35%
- 3Y*
- 6.27%
- 5Y*
- 4.57%
- 10Y*
- —
CAF
- 1D
- -1.14%
- 1M
- -4.89%
- YTD
- -0.35%
- 6M
- 3.42%
- 1Y
- 35.06%
- 3Y*
- 8.23%
- 5Y*
- -3.25%
- 10Y*
- 4.66%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MGKQX vs. CAF - Expense Ratio Comparison
MGKQX has a 0.95% expense ratio, which is lower than CAF's 1.67% expense ratio.
Return for Risk
MGKQX vs. CAF — Risk / Return Rank
MGKQX
CAF
MGKQX vs. CAF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Global Permanence Portfolio (MGKQX) and Morgan Stanley China A Share Fund (CAF). 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.
| MGKQX | CAF | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.06 | 1.78 | -1.85 |
Sortino ratioReturn per unit of downside risk | 0.10 | 2.44 | -2.34 |
Omega ratioGain probability vs. loss probability | 1.02 | 1.34 | -0.32 |
Calmar ratioReturn relative to maximum drawdown | -0.16 | 3.00 | -3.16 |
Martin ratioReturn relative to average drawdown | -0.38 | 9.93 | -10.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MGKQX | CAF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.06 | 1.78 | -1.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | -0.15 | +0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.21 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.26 | +0.10 |
Correlation
The correlation between MGKQX and CAF is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
MGKQX vs. CAF - Dividend Comparison
MGKQX has not paid dividends to shareholders, while CAF's dividend yield for the trailing twelve months is around 1.52%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGKQX Morgan Stanley Global Permanence Portfolio | 0.00% | 0.00% | 21.29% | 5.29% | 1.80% | 16.33% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CAF Morgan Stanley China A Share Fund | 1.52% | 1.51% | 2.63% | 0.96% | 0.02% | 6.57% | 10.40% | 3.78% | 9.48% | 5.20% | 4.69% | 67.03% |
Drawdowns
MGKQX vs. CAF - Drawdown Comparison
The maximum MGKQX drawdown since its inception was -33.07%, smaller than the maximum CAF drawdown of -65.88%. Use the drawdown chart below to compare losses from any high point for MGKQX and CAF.
Loading graphics...
Drawdown Indicators
| MGKQX | CAF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.07% | -65.88% | +32.81% |
Max Drawdown (1Y)Largest decline over 1 year | -25.97% | -11.38% | -14.59% |
Max Drawdown (5Y)Largest decline over 5 years | -30.96% | -49.01% | +18.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.01% | — |
Current DrawdownCurrent decline from peak | -23.27% | -18.37% | -4.90% |
Average DrawdownAverage peak-to-trough decline | -8.25% | -26.04% | +17.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.84% | 3.46% | +7.38% |
Volatility
MGKQX vs. CAF - Volatility Comparison
Morgan Stanley Global Permanence Portfolio (MGKQX) has a higher volatility of 6.88% compared to Morgan Stanley China A Share Fund (CAF) at 6.42%. This indicates that MGKQX's price experiences larger fluctuations and is considered to be riskier than CAF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MGKQX | CAF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.88% | 6.42% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 24.31% | 13.89% | +10.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.28% | 19.77% | +7.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.62% | 21.19% | +2.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.84% | 21.90% | +1.94% |