MGKQX vs. MGGPX
Compare and contrast key facts about Morgan Stanley Global Permanence Portfolio (MGKQX) and Morgan Stanley Global Opportunity Portfolio Class A (MGGPX).
MGKQX is managed by Morgan Stanley. It was launched on Apr 29, 2019. 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.
Performance
MGKQX vs. MGGPX - Performance Comparison
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MGKQX vs. MGGPX - 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% |
MGGPX Morgan Stanley Global Opportunity Portfolio Class A | -11.72% | 0.77% | 27.16% | 49.29% | -41.77% | -0.05% | 55.05% | 8.66% |
Returns By Period
In the year-to-date period, MGKQX achieves a -3.40% return, which is significantly higher than MGGPX's -11.72% return.
MGKQX
- 1D
- 3.56%
- 1M
- -4.75%
- YTD
- -3.40%
- 6M
- -21.98%
- 1Y
- -2.35%
- 3Y*
- 6.27%
- 5Y*
- 4.57%
- 10Y*
- —
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%
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MGKQX vs. MGGPX - Expense Ratio Comparison
MGKQX has a 0.95% expense ratio, which is lower than MGGPX's 1.25% expense ratio.
Return for Risk
MGKQX vs. MGGPX — Risk / Return Rank
MGKQX
MGGPX
MGKQX vs. MGGPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Global Permanence Portfolio (MGKQX) and Morgan Stanley Global Opportunity Portfolio Class A (MGGPX). 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 | MGGPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.06 | -0.39 | +0.33 |
Sortino ratioReturn per unit of downside risk | 0.10 | -0.37 | +0.47 |
Omega ratioGain probability vs. loss probability | 1.02 | 0.94 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | -0.16 | -0.46 | +0.30 |
Martin ratioReturn relative to average drawdown | -0.38 | -1.22 | +0.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MGKQX | MGGPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.06 | -0.39 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | -0.02 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.51 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.63 | -0.27 |
Correlation
The correlation between MGKQX and MGGPX 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
MGKQX vs. MGGPX - Dividend Comparison
Neither MGKQX nor MGGPX has paid dividends to shareholders.
| 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% |
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% |
Drawdowns
MGKQX vs. MGGPX - Drawdown Comparison
The maximum MGKQX drawdown since its inception was -33.07%, smaller than the maximum MGGPX drawdown of -51.83%. Use the drawdown chart below to compare losses from any high point for MGKQX and MGGPX.
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Drawdown Indicators
| MGKQX | MGGPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.07% | -51.83% | +18.76% |
Max Drawdown (1Y)Largest decline over 1 year | -25.97% | -28.32% | +2.35% |
Max Drawdown (5Y)Largest decline over 5 years | -30.96% | -51.14% | +20.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.83% | — |
Current DrawdownCurrent decline from peak | -23.27% | -25.46% | +2.19% |
Average DrawdownAverage peak-to-trough decline | -8.25% | -9.36% | +1.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.84% | 10.61% | +0.23% |
Volatility
MGKQX vs. MGGPX - Volatility Comparison
The current volatility for Morgan Stanley Global Permanence Portfolio (MGKQX) is 6.88%, while Morgan Stanley Global Opportunity Portfolio Class A (MGGPX) has a volatility of 8.93%. This indicates that MGKQX experiences smaller price fluctuations and is considered to be less risky than MGGPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGKQX | MGGPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.88% | 8.93% | -2.05% |
Volatility (6M)Calculated over the trailing 6-month period | 24.31% | 18.84% | +5.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.28% | 25.14% | +2.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.62% | 25.97% | -2.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.84% | 22.95% | +0.89% |