MGKQX vs. SPYG
Compare and contrast key facts about Morgan Stanley Global Permanence Portfolio (MGKQX) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
MGKQX is managed by Morgan Stanley. It was launched on Apr 29, 2019. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGKQX or SPYG.
Correlation
The correlation between MGKQX and SPYG 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.
Performance
MGKQX vs. SPYG - Performance Comparison
Key characteristics
MGKQX:
-0.08
SPYG:
1.64
MGKQX:
0.03
SPYG:
2.17
MGKQX:
1.00
SPYG:
1.30
MGKQX:
-0.06
SPYG:
2.33
MGKQX:
-0.23
SPYG:
8.95
MGKQX:
7.38%
SPYG:
3.32%
MGKQX:
20.20%
SPYG:
18.18%
MGKQX:
-40.71%
SPYG:
-67.79%
MGKQX:
-21.24%
SPYG:
-3.03%
Returns By Period
In the year-to-date period, MGKQX achieves a 9.72% return, which is significantly higher than SPYG's 1.92% return.
MGKQX
9.72%
3.38%
-6.24%
-3.29%
3.41%
N/A
SPYG
1.92%
-2.53%
10.64%
25.88%
16.08%
14.95%
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MGKQX vs. SPYG - Expense Ratio Comparison
MGKQX has a 0.95% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Risk-Adjusted Performance
MGKQX vs. SPYG — Risk-Adjusted Performance Rank
MGKQX
SPYG
MGKQX vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Global Permanence Portfolio (MGKQX) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.
Dividends
MGKQX vs. SPYG - Dividend Comparison
MGKQX's dividend yield for the trailing twelve months is around 3.61%, more than SPYG's 0.59% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGKQX Morgan Stanley Global Permanence Portfolio | 3.61% | 3.96% | 0.21% | 0.00% | 0.39% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.59% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% |
Drawdowns
MGKQX vs. SPYG - Drawdown Comparison
The maximum MGKQX drawdown since its inception was -40.71%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for MGKQX and SPYG. For additional features, visit the drawdowns tool.
Volatility
MGKQX vs. SPYG - Volatility Comparison
The current volatility for Morgan Stanley Global Permanence Portfolio (MGKQX) is 3.81%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.73%. This indicates that MGKQX experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.