MGKQX vs. VOO
Compare and contrast key facts about Morgan Stanley Global Permanence Portfolio (MGKQX) and Vanguard S&P 500 ETF (VOO).
MGKQX is managed by Morgan Stanley. It was launched on Apr 29, 2019. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGKQX or VOO.
Correlation
The correlation between MGKQX and VOO is 0.85, 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. VOO - Performance Comparison
Key characteristics
MGKQX:
-0.14
VOO:
1.88
MGKQX:
-0.04
VOO:
2.52
MGKQX:
0.99
VOO:
1.35
MGKQX:
-0.10
VOO:
2.83
MGKQX:
-0.45
VOO:
11.96
MGKQX:
6.35%
VOO:
2.00%
MGKQX:
20.53%
VOO:
12.70%
MGKQX:
-40.71%
VOO:
-33.99%
MGKQX:
-27.15%
VOO:
-3.91%
Returns By Period
In the year-to-date period, MGKQX achieves a 1.49% return, which is significantly higher than VOO's -0.66% return.
MGKQX
1.49%
-16.18%
-10.88%
-2.61%
1.98%
N/A
VOO
-0.66%
-3.35%
3.78%
23.82%
13.79%
13.26%
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MGKQX vs. VOO - Expense Ratio Comparison
MGKQX has a 0.95% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
MGKQX vs. VOO — Risk-Adjusted Performance Rank
MGKQX
VOO
MGKQX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Global Permanence Portfolio (MGKQX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
MGKQX's dividend yield for the trailing twelve months is around 3.90%, more than VOO's 1.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGKQX Morgan Stanley Global Permanence Portfolio | 3.90% | 3.96% | 0.21% | 0.00% | 0.39% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
MGKQX vs. VOO - Drawdown Comparison
The maximum MGKQX drawdown since its inception was -40.71%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MGKQX and VOO. For additional features, visit the drawdowns tool.
Volatility
MGKQX vs. VOO - Volatility Comparison
Morgan Stanley Global Permanence Portfolio (MGKQX) has a higher volatility of 15.99% compared to Vanguard S&P 500 ETF (VOO) at 4.56%. This indicates that MGKQX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.