MGKQX vs. TSDUX
Compare and contrast key facts about Morgan Stanley Global Permanence Portfolio (MGKQX) and Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund (TSDUX).
MGKQX is managed by Morgan Stanley. It was launched on Apr 29, 2019. TSDUX is managed by Morgan Stanley. It was launched on Mar 8, 2016.
Performance
MGKQX vs. TSDUX - Performance Comparison
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MGKQX vs. TSDUX - 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% |
TSDUX Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund | 0.25% | 3.24% | 6.04% | 5.94% | 0.41% | -0.11% | 2.06% | 1.28% |
Returns By Period
In the year-to-date period, MGKQX achieves a -3.40% return, which is significantly lower than TSDUX's 0.25% return.
MGKQX
- 1D
- 3.56%
- 1M
- -4.75%
- YTD
- -3.40%
- 6M
- -21.98%
- 1Y
- -2.35%
- 3Y*
- 6.27%
- 5Y*
- 4.57%
- 10Y*
- —
TSDUX
- 1D
- -0.31%
- 1M
- -0.20%
- YTD
- 0.25%
- 6M
- 0.56%
- 1Y
- 2.24%
- 3Y*
- 4.81%
- 5Y*
- 3.08%
- 10Y*
- 2.58%
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MGKQX vs. TSDUX - Expense Ratio Comparison
MGKQX has a 0.95% expense ratio, which is higher than TSDUX's 0.62% expense ratio.
Return for Risk
MGKQX vs. TSDUX — Risk / Return Rank
MGKQX
TSDUX
MGKQX vs. TSDUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Global Permanence Portfolio (MGKQX) and Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund (TSDUX). 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 | TSDUX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.06 | 1.65 | -1.71 |
Sortino ratioReturn per unit of downside risk | 0.10 | 2.29 | -2.19 |
Omega ratioGain probability vs. loss probability | 1.02 | 1.62 | -0.60 |
Calmar ratioReturn relative to maximum drawdown | -0.16 | 3.85 | -4.01 |
Martin ratioReturn relative to average drawdown | -0.38 | 17.51 | -17.89 |
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 | TSDUX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.06 | 1.65 | -1.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 2.87 | -2.67 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 2.39 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 2.38 | -2.02 |
Correlation
The correlation between MGKQX and TSDUX is -0.07. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
MGKQX vs. TSDUX - Dividend Comparison
MGKQX has not paid dividends to shareholders, while TSDUX's dividend yield for the trailing twelve months is around 2.11%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TSDUX Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund | 2.11% | 3.09% | 5.03% | 1.55% | 6.36% | 0.60% | 1.65% | 2.84% | 2.66% | 2.22% | 1.87% |
Drawdowns
MGKQX vs. TSDUX - Drawdown Comparison
The maximum MGKQX drawdown since its inception was -33.07%, which is greater than TSDUX's maximum drawdown of -3.94%. Use the drawdown chart below to compare losses from any high point for MGKQX and TSDUX.
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Drawdown Indicators
| MGKQX | TSDUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.07% | -3.94% | -29.13% |
Max Drawdown (1Y)Largest decline over 1 year | -25.97% | -0.72% | -25.25% |
Max Drawdown (5Y)Largest decline over 5 years | -30.96% | -1.72% | -29.24% |
Max Drawdown (10Y)Largest decline over 10 years | — | -3.94% | — |
Current DrawdownCurrent decline from peak | -23.27% | -0.41% | -22.86% |
Average DrawdownAverage peak-to-trough decline | -8.25% | -0.19% | -8.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.84% | 0.16% | +10.68% |
Volatility
MGKQX vs. TSDUX - Volatility Comparison
Morgan Stanley Global Permanence Portfolio (MGKQX) has a higher volatility of 6.88% compared to Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund (TSDUX) at 0.39%. This indicates that MGKQX's price experiences larger fluctuations and is considered to be riskier than TSDUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGKQX | TSDUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.88% | 0.39% | +6.49% |
Volatility (6M)Calculated over the trailing 6-month period | 24.31% | 0.80% | +23.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.28% | 1.56% | +25.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.62% | 1.11% | +22.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.84% | 1.10% | +22.74% |