MIOIX vs. SPY
Compare and contrast key facts about Morgan Stanley Institutional Fund, Inc. International Opportunity Portfolio (MIOIX) and SPDR S&P 500 ETF (SPY).
MIOIX is managed by T. Rowe Price. It was launched on Mar 30, 2010. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIOIX or SPY.
Correlation
The correlation between MIOIX and SPY is 0.73, 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
MIOIX vs. SPY - Performance Comparison
Key characteristics
MIOIX:
0.70
SPY:
0.30
MIOIX:
1.12
SPY:
0.56
MIOIX:
1.14
SPY:
1.08
MIOIX:
0.28
SPY:
0.31
MIOIX:
3.50
SPY:
1.40
MIOIX:
3.99%
SPY:
4.18%
MIOIX:
20.02%
SPY:
19.64%
MIOIX:
-61.72%
SPY:
-55.19%
MIOIX:
-41.11%
SPY:
-13.86%
Returns By Period
In the year-to-date period, MIOIX achieves a 0.77% return, which is significantly higher than SPY's -9.91% return. Over the past 10 years, MIOIX has underperformed SPY with an annualized return of 6.34%, while SPY has yielded a comparatively higher 11.57% annualized return.
MIOIX
0.77%
-5.08%
0.01%
14.28%
3.26%
6.34%
SPY
-9.91%
-5.89%
-9.03%
6.50%
14.62%
11.57%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MIOIX vs. SPY - Expense Ratio Comparison
MIOIX has a 1.00% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
MIOIX vs. SPY — Risk-Adjusted Performance Rank
MIOIX
SPY
MIOIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund, Inc. International Opportunity Portfolio (MIOIX) and SPDR S&P 500 ETF (SPY). 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
MIOIX vs. SPY - Dividend Comparison
MIOIX's dividend yield for the trailing twelve months is around 0.15%, less than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIOIX Morgan Stanley Institutional Fund, Inc. International Opportunity Portfolio | 0.15% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.21% | 0.05% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MIOIX vs. SPY - Drawdown Comparison
The maximum MIOIX drawdown since its inception was -61.72%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MIOIX and SPY. For additional features, visit the drawdowns tool.
Volatility
MIOIX vs. SPY - Volatility Comparison
The current volatility for Morgan Stanley Institutional Fund, Inc. International Opportunity Portfolio (MIOIX) is 11.36%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that MIOIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.