MIGIX vs. SVTAX
MIGIX (Morgan Stanley Institutional Fund. Inc. Global Insight Portfolio) and SVTAX (SEI Institutional Managed Trust Global Managed Volatility Fund) are both Global Equities funds. Over the past 10 years, MIGIX returned 13.42%/yr vs 7.24%/yr for SVTAX. A 0.60 correlation means they provide meaningful diversification when combined. MIGIX charges 1.00%/yr vs 1.11%/yr for SVTAX.
Performance
MIGIX vs. SVTAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MIGIX achieves a 2.47% return, which is significantly lower than SVTAX's 3.33% return. Over the past 10 years, MIGIX has outperformed SVTAX with an annualized return of 13.42%, while SVTAX has yielded a comparatively lower 7.24% annualized return.
MIGIX
- 1D
- -1.41%
- 1M
- 5.33%
- YTD
- 2.47%
- 6M
- -2.02%
- 1Y
- 6.43%
- 3Y*
- 27.33%
- 5Y*
- 0.92%
- 10Y*
- 13.42%
SVTAX
- 1D
- -0.18%
- 1M
- 0.83%
- YTD
- 3.33%
- 6M
- 4.11%
- 1Y
- 6.36%
- 3Y*
- 11.32%
- 5Y*
- 7.32%
- 10Y*
- 7.24%
MIGIX vs. SVTAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MIGIX Morgan Stanley Institutional Fund. Inc. Global Insight Portfolio | 2.47% | 16.07% | 48.18% | 50.84% | -57.66% | -13.31% | 95.07% | 34.53% | -5.73% | 41.70% |
SVTAX SEI Institutional Managed Trust Global Managed Volatility Fund | 3.33% | 13.44% | 12.77% | 7.77% | -7.80% | 18.18% | -2.68% | 19.81% | -6.47% | 17.19% |
Correlation
The correlation between MIGIX and SVTAX is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 2010 | 0.60 |
Over the past year, the correlation between MIGIX and SVTAX has dropped to 0.32 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MIGIX vs. SVTAX — Risk / Return Rank
MIGIX
SVTAX
MIGIX vs. SVTAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund. Inc. Global Insight Portfolio (MIGIX) and SEI Institutional Managed Trust Global Managed Volatility Fund (SVTAX). 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.
| MIGIX | SVTAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.15 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | 1.03 | -0.79 |
| Martin ratioReturn relative to average drawdown | 0.52 | 3.24 | -2.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MIGIX | SVTAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.25 | 0.86 | -0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 0.69 | -0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 0.59 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.50 | -0.13 |
Drawdowns
MIGIX vs. SVTAX - Drawdown Comparison
The maximum MIGIX drawdown since its inception was -73.54%, which is greater than SVTAX's maximum drawdown of -43.81%. Use the drawdown chart below to compare losses from any high point for MIGIX and SVTAX.
Loading charts...
Drawdown Indicators
| MIGIX | SVTAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.54% | -43.81% | -29.73% |
Max Drawdown (1Y)Largest decline over 1 year | -28.44% | -5.99% | -22.45% |
Max Drawdown (3Y)Largest decline over 3 years | -31.83% | -10.37% | -21.46% |
Max Drawdown (5Y)Largest decline over 5 years | -73.54% | -16.52% | -57.02% |
Max Drawdown (10Y)Largest decline over 10 years | -73.54% | -31.02% | -42.52% |
Current DrawdownCurrent decline from peak | -27.03% | -2.86% | -24.17% |
Average DrawdownAverage peak-to-trough decline | -18.01% | -8.06% | -9.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.57% | 1.91% | +11.66% |
Volatility
MIGIX vs. SVTAX - Volatility Comparison
Morgan Stanley Institutional Fund. Inc. Global Insight Portfolio (MIGIX) has a higher volatility of 8.22% compared to SEI Institutional Managed Trust Global Managed Volatility Fund (SVTAX) at 1.66%. This indicates that MIGIX's price experiences larger fluctuations and is considered to be riskier than SVTAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MIGIX | SVTAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.22% | 1.66% | +6.56% |
Volatility (6M)Calculated over the trailing 6-month period | 21.74% | 5.10% | +16.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.40% | 7.21% | +21.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.49% | 10.61% | +39.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.16% | 12.28% | +26.88% |
MIGIX vs. SVTAX - Expense Ratio Comparison
MIGIX has a 1.00% expense ratio, which is lower than SVTAX's 1.11% expense ratio.
Dividends
MIGIX vs. SVTAX - Dividend Comparison
MIGIX has not paid dividends to shareholders, while SVTAX's dividend yield for the trailing twelve months is around 8.48%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIGIX Morgan Stanley Institutional Fund. Inc. Global Insight Portfolio | 0.00% | 0.00% | 1.34% | 0.00% | 0.10% | 56.85% | 3.48% | 4.37% | 4.58% | 11.22% | 2.16% | 7.15% |
SVTAX SEI Institutional Managed Trust Global Managed Volatility Fund | 8.48% | 8.77% | 8.68% | 5.76% | 10.62% | 11.81% | 1.00% | 5.39% | 10.70% | 7.90% | 5.97% | 6.45% |
Frequently Asked Questions
MIGIX and SVTAX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MIGIX has higher volatility (8.22%) compared to SVTAX (1.66%). In terms of maximum drawdown, MIGIX dropped -73.54% vs SVTAX's -43.81%.
SVTAX currently has the higher Sharpe Ratio (0.86 vs 0.25), 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.
Find the right allocation for MIGIX and SVTAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer