MGQIX vs. PREIX
MGQIX (Morgan Stanley Institutional Fund, Inc. Global Sustain Portfolio) and PREIX (T. Rowe Price Equity Index 500 Fund) are both mutual funds - MGQIX is a Global Equities fund managed by T. Rowe Price, while PREIX is a Large Cap Blend Equities fund tracking the S&P 500 Index. Over the past 10 years, MGQIX returned 6.35%/yr vs 14.76%/yr for PREIX. Their correlation of 0.85 means they have usually moved in the same direction. MGQIX charges 0.90%/yr vs 0.15%/yr for PREIX.
Performance
MGQIX vs. PREIX - Performance Comparison
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Returns By Period
In the year-to-date period, MGQIX achieves a -4.38% return, which is significantly lower than PREIX's 9.23% return. Over the past 10 years, MGQIX has underperformed PREIX with an annualized return of 6.35%, while PREIX has yielded a comparatively higher 14.76% annualized return.
MGQIX
- 1D
- 1.36%
- 1M
- -2.01%
- 6M
- -2.99%
- YTD
- -4.38%
- 1Y
- -28.62%
- 3Y*
- -2.24%
- 5Y*
- -1.75%
- 10Y*
- 6.35%
- ALL TIME*
- 6.95%
PREIX
- 1D
- 1.66%
- 1M
- -0.57%
- 6M
- 7.69%
- YTD
- 9.23%
- 1Y
- 20.41%
- 3Y*
- 18.81%
- 5Y*
- 12.49%
- 10Y*
- 14.76%
- ALL TIME*
- 10.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MGQIX vs. PREIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGQIX Morgan Stanley Institutional Fund, Inc. Global Sustain Portfolio | -4.38% | -19.55% | 16.34% | 21.69% | -20.69% | 18.61% | 15.97% | 32.94% | 0.43% | 21.67% |
PREIX T. Rowe Price Equity Index 500 Fund | 9.23% | 17.66% | 24.78% | 26.07% | -18.27% | 28.48% | 18.17% | 31.47% | -4.59% | 21.01% |
Correlation
The correlation between MGQIX and PREIX is 0.83, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.83 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.88 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Sep 4, 2013 | 0.85 |
The correlation between MGQIX and PREIX has been stable across timeframes, ranging from 0.83 to 0.88 - a consistent structural relationship.
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Return for Risk
MGQIX vs. PREIX — Risk / Return Rank
MGQIX
PREIX
MGQIX vs. PREIX - 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 Equity Index 500 Fund (PREIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MGQIX | PREIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.44 | ||
| Sortino ratioReturn per unit of downside risk | -3.09 | ||
| Omega ratioGain probability vs. loss probability | 0.73 | 1.25 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | 2.03 | -2.83 |
| Martin ratioReturn relative to average drawdown | -1.24 | 8.70 | -9.94 |
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Drawdowns
MGQIX vs. PREIX - Drawdown Comparison
The maximum MGQIX drawdown since its inception was -47.63%, smaller than the maximum PREIX drawdown of -55.32%. Use the drawdown chart below to compare losses from any high point for MGQIX and PREIX.
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Drawdown Indicators
| MGQIX | PREIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.63% | -55.32% | +7.69% |
Max Drawdown (1Y)Largest decline over 1 year | -37.59% | -8.93% | -28.66% |
Max Drawdown (3Y)Largest decline over 3 years | -47.63% | -18.78% | -28.85% |
Max Drawdown (5Y)Largest decline over 5 years | -47.63% | -24.60% | -23.03% |
Max Drawdown (10Y)Largest decline over 10 years | -47.63% | -33.81% | -13.82% |
Current DrawdownCurrent decline from peak | -42.25% | -2.13% | -40.12% |
Average DrawdownAverage peak-to-trough decline | -7.69% | -8.69% | +1.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.26% | 2.08% | +22.18% |
Volatility
MGQIX vs. PREIX - Volatility Comparison
Morgan Stanley Institutional Fund, Inc. Global Sustain Portfolio (MGQIX) has a higher volatility of 4.21% compared to T. Rowe Price Equity Index 500 Fund (PREIX) at 3.44%. This indicates that MGQIX's price experiences larger fluctuations and is considered to be riskier than PREIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGQIX | PREIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.21% | 3.44% | +0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 12.35% | 10.10% | +2.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.34% | 12.86% | +16.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.14% | 17.11% | +9.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.90% | 18.11% | +3.79% |
MGQIX vs. PREIX - Expense Ratio Comparison
MGQIX has a 0.90% expense ratio, which is higher than PREIX's 0.15% expense ratio.
Dividends
MGQIX vs. PREIX - Dividend Comparison
MGQIX has not paid dividends to shareholders, while PREIX's dividend yield for the trailing twelve months is around 2.16%.
| 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% |
PREIX T. Rowe Price Equity Index 500 Fund | 2.16% | 2.32% | 1.17% | 1.32% | 1.50% | 1.56% | 1.97% | 2.13% | 2.60% | 1.30% | 2.03% | 2.02% |
Frequently Asked Questions
MGQIX and PREIX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MGQIX has higher volatility (4.21%) compared to PREIX (3.44%). In terms of maximum drawdown, MGQIX dropped -47.63% vs PREIX's -55.32%.
PREIX currently has the higher Sharpe Ratio (1.41 vs -1.03), 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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