MPAIX vs. PROVX
Compare and contrast key facts about Morgan Stanley Institutional Fund, Inc. Advantage Portfolio (MPAIX) and Provident Trust Strategy Fund (PROVX).
MPAIX is managed by T. Rowe Price. It was launched on Jun 30, 2008. PROVX is managed by Provident. It was launched on Dec 30, 1986.
Performance
MPAIX vs. PROVX - Performance Comparison
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MPAIX vs. PROVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MPAIX Morgan Stanley Institutional Fund, Inc. Advantage Portfolio | -15.92% | 18.96% | 36.20% | 46.28% | -54.25% | -4.91% | 74.81% | 29.09% | 2.07% | 32.08% |
PROVX Provident Trust Strategy Fund | -7.57% | 13.10% | 19.73% | 17.59% | -22.62% | 31.96% | 19.47% | 25.71% | -1.31% | 29.40% |
Returns By Period
In the year-to-date period, MPAIX achieves a -15.92% return, which is significantly lower than PROVX's -7.57% return. Over the past 10 years, MPAIX has underperformed PROVX with an annualized return of 10.73%, while PROVX has yielded a comparatively higher 11.45% annualized return.
MPAIX
- 1D
- 0.30%
- 1M
- -6.23%
- YTD
- -15.92%
- 6M
- -21.30%
- 1Y
- 7.34%
- 3Y*
- 18.67%
- 5Y*
- -2.28%
- 10Y*
- 10.73%
PROVX
- 1D
- 0.46%
- 1M
- -6.63%
- YTD
- -7.57%
- 6M
- -1.66%
- 1Y
- 8.59%
- 3Y*
- 14.04%
- 5Y*
- 6.85%
- 10Y*
- 11.45%
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MPAIX vs. PROVX - Expense Ratio Comparison
MPAIX has a 0.85% expense ratio, which is lower than PROVX's 0.93% expense ratio.
Return for Risk
MPAIX vs. PROVX — Risk / Return Rank
MPAIX
PROVX
MPAIX vs. PROVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund, Inc. Advantage Portfolio (MPAIX) and Provident Trust Strategy Fund (PROVX). 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.
| MPAIX | PROVX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.20 | 0.69 | -0.49 |
Sortino ratioReturn per unit of downside risk | 0.50 | 1.14 | -0.63 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.14 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 0.09 | 0.63 | -0.53 |
Martin ratioReturn relative to average drawdown | 0.24 | 2.43 | -2.19 |
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
| MPAIX | PROVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.20 | 0.69 | -0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.06 | 0.44 | -0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.71 | -0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.48 | -0.08 |
Correlation
The correlation between MPAIX and PROVX is 0.76, 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.
Dividends
MPAIX vs. PROVX - Dividend Comparison
MPAIX's dividend yield for the trailing twelve months is around 0.03%, less than PROVX's 18.17% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MPAIX Morgan Stanley Institutional Fund, Inc. Advantage Portfolio | 0.03% | 0.03% | 1.50% | 0.00% | 28.33% | 23.18% | 5.16% | 3.77% | 4.54% | 7.43% | 2.17% | 8.89% |
PROVX Provident Trust Strategy Fund | 18.17% | 16.80% | 6.94% | 4.61% | 19.17% | 0.35% | 9.04% | 4.40% | 5.80% | 1.54% | 1.92% | 7.73% |
Drawdowns
MPAIX vs. PROVX - Drawdown Comparison
The maximum MPAIX drawdown since its inception was -64.09%, which is greater than PROVX's maximum drawdown of -57.65%. Use the drawdown chart below to compare losses from any high point for MPAIX and PROVX.
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Drawdown Indicators
| MPAIX | PROVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.09% | -57.65% | -6.44% |
Max Drawdown (1Y)Largest decline over 1 year | -24.12% | -12.54% | -11.58% |
Max Drawdown (5Y)Largest decline over 5 years | -64.09% | -27.48% | -36.61% |
Max Drawdown (10Y)Largest decline over 10 years | -64.09% | -27.48% | -36.61% |
Current DrawdownCurrent decline from peak | -24.56% | -12.13% | -12.43% |
Average DrawdownAverage peak-to-trough decline | -13.49% | -13.23% | -0.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.30% | 3.23% | +6.07% |
Volatility
MPAIX vs. PROVX - Volatility Comparison
Morgan Stanley Institutional Fund, Inc. Advantage Portfolio (MPAIX) has a higher volatility of 7.04% compared to Provident Trust Strategy Fund (PROVX) at 3.30%. This indicates that MPAIX's price experiences larger fluctuations and is considered to be riskier than PROVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MPAIX | PROVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.04% | 3.30% | +3.74% |
Volatility (6M)Calculated over the trailing 6-month period | 19.00% | 8.49% | +10.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.10% | 14.45% | +14.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.46% | 15.56% | +19.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.33% | 16.11% | +13.22% |