MGQIX vs. PRDGX
MGQIX (Morgan Stanley Institutional Fund, Inc. Global Sustain Portfolio) and PRDGX (T. Rowe Price Dividend Growth Fund, Inc.) are both mutual funds - MGQIX is a Global Equities fund managed by T. Rowe Price, while PRDGX is a Large Cap Blend Equities fund managed by T. Rowe Price. Over the past 10 years, MGQIX returned 6.77%/yr vs 12.87%/yr for PRDGX. Their correlation of 0.85 suggests significant overlap in exposure. MGQIX charges 0.90%/yr vs 0.62%/yr for PRDGX.
Performance
MGQIX vs. PRDGX - Performance Comparison
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Returns By Period
In the year-to-date period, MGQIX achieves a -2.42% return, which is significantly lower than PRDGX's 7.60% return. Over the past 10 years, MGQIX has underperformed PRDGX with an annualized return of 6.77%, while PRDGX has yielded a comparatively higher 12.87% annualized return.
MGQIX
- 1D
- -0.23%
- 1M
- 1.89%
- YTD
- -2.42%
- 6M
- -26.62%
- 1Y
- -27.60%
- 3Y*
- 0.01%
- 5Y*
- -0.29%
- 10Y*
- 6.77%
PRDGX
- 1D
- 0.79%
- 1M
- 3.23%
- YTD
- 7.60%
- 6M
- 7.74%
- 1Y
- 17.14%
- 3Y*
- 15.54%
- 5Y*
- 10.09%
- 10Y*
- 12.87%
MGQIX vs. PRDGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGQIX Morgan Stanley Institutional Fund, Inc. Global Sustain Portfolio | -2.42% | -19.55% | 16.34% | 21.69% | -20.69% | 18.61% | 15.97% | 32.94% | 0.43% | 21.67% |
PRDGX T. Rowe Price Dividend Growth Fund, Inc. | 7.60% | 14.74% | 13.48% | 13.68% | -10.22% | 26.03% | 13.92% | 31.76% | -1.06% | 18.89% |
Correlation
The correlation between MGQIX and PRDGX is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Sep 5, 2013 | 0.85 |
The correlation between MGQIX and PRDGX shifts across timeframes, from 0.70 (1 year) to 0.86 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
MGQIX vs. PRDGX — Risk / Return Rank
MGQIX
PRDGX
MGQIX vs. PRDGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund, Inc. Global Sustain Portfolio (MGQIX) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX). 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.
| MGQIX | PRDGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.79 | ||
| Sortino ratioReturn per unit of downside risk | -3.62 | ||
| Omega ratioGain probability vs. loss probability | 0.74 | 1.32 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.75 | 2.41 | -3.15 |
| Martin ratioReturn relative to average drawdown | -1.34 | 9.85 | -11.18 |
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
| MGQIX | PRDGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.97 | 1.82 | -2.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 0.72 | -0.73 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.81 | -0.50 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.66 | -0.31 |
Drawdowns
MGQIX vs. PRDGX - Drawdown Comparison
The maximum MGQIX drawdown since its inception was -47.63%, roughly equal to the maximum PRDGX drawdown of -49.79%. Use the drawdown chart below to compare losses from any high point for MGQIX and PRDGX.
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Drawdown Indicators
| MGQIX | PRDGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.63% | -49.79% | +2.16% |
Max Drawdown (1Y)Largest decline over 1 year | -37.59% | -7.34% | -30.25% |
Max Drawdown (3Y)Largest decline over 3 years | -47.63% | -14.15% | -33.48% |
Max Drawdown (5Y)Largest decline over 5 years | -47.63% | -19.31% | -28.32% |
Max Drawdown (10Y)Largest decline over 10 years | -47.63% | -33.18% | -14.45% |
Current DrawdownCurrent decline from peak | -41.07% | 0.00% | -41.07% |
Average DrawdownAverage peak-to-trough decline | -7.27% | -5.42% | -1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.89% | 1.79% | +19.10% |
Volatility
MGQIX vs. PRDGX - Volatility Comparison
Morgan Stanley Institutional Fund, Inc. Global Sustain Portfolio (MGQIX) has a higher volatility of 3.00% compared to T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) at 2.33%. This indicates that MGQIX's price experiences larger fluctuations and is considered to be riskier than PRDGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGQIX | PRDGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.00% | 2.33% | +0.67% |
Volatility (6M)Calculated over the trailing 6-month period | 31.40% | 7.56% | +23.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.91% | 9.72% | +19.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.02% | 14.06% | +11.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.92% | 15.88% | +6.04% |
MGQIX vs. PRDGX - Expense Ratio Comparison
MGQIX has a 0.90% expense ratio, which is higher than PRDGX's 0.62% expense ratio.
Dividends
MGQIX vs. PRDGX - Dividend Comparison
MGQIX has not paid dividends to shareholders, while PRDGX's dividend yield for the trailing twelve months is around 7.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGQIX Morgan Stanley Institutional Fund, Inc. Global Sustain Portfolio | 0.00% | 0.00% | 30.72% | 0.47% | 0.71% | 1.79% | 2.54% | 4.84% | 8.37% | 5.51% | 8.22% | 3.11% |
PRDGX T. Rowe Price Dividend Growth Fund, Inc. | 7.52% | 8.02% | 4.66% | 2.78% | 3.81% | 2.00% | 1.03% | 2.33% | 3.67% | 1.82% | 3.07% | 7.57% |
Frequently Asked Questions
MGQIX and PRDGX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MGQIX has higher volatility (3.00%) compared to PRDGX (2.33%). In terms of maximum drawdown, MGQIX dropped -47.63% vs PRDGX's -49.79%.
PRDGX currently has the higher Sharpe Ratio (1.82 vs -0.97), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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