MPEGX vs. DINDX

Last updated Apr 1, 2026

Compare and contrast key facts about Morgan Stanley Institutional Fund Trust Discovery Portfolio (MPEGX) and Morgan Stanley Global Fixed Income Opportunities Fund (DINDX).

MPEGX is managed by Morgan Stanley. It was launched on Mar 30, 1990. DINDX is an actively managed fund by Morgan Stanley. It was launched on Jul 27, 1997.

Performance

MPEGX vs. DINDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Morgan Stanley Institutional Fund Trust Discovery Portfolio (MPEGX) and Morgan Stanley Global Fixed Income Opportunities Fund (DINDX). The values are adjusted to include any dividend payments, if applicable.

MPEGX vs. DINDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MPEGX Morgan Stanley Institutional Fund Trust Discovery Portfolio	-15.37%	14.05%	42.38%	46.66%	-63.39%	-12.37%	142.68%	39.73%	12.19%	39.39%
DINDX Morgan Stanley Global Fixed Income Opportunities Fund	0.00%	8.28%	6.76%	8.49%	-7.06%	0.01%	5.10%	9.59%	-1.28%	7.54%

Returns By Period

MPEGX

• 1D: -1.33%
• 1M: -9.56%
• YTD: -15.37%
• 6M: -23.20%
• 1Y: 4.05%
• 3Y*: 19.96%
• 5Y*: -7.95%
• 10Y*: 12.57%

DINDX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MPEGX vs. DINDX - Expense Ratio Comparison

MPEGX has a 0.72% expense ratio, which is higher than DINDX's 0.56% expense ratio.

MPEGX

Morgan Stanley Institutional Fund Trust Discovery Portfolio

DINDX

Morgan Stanley Global Fixed Income Opportunities Fund

Return for Risk

MPEGX vs. DINDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MPEGX

MPEGX Risk / Return Rank: 7
MPEGX Sharpe Ratio Rank: 7
MPEGX Sortino Ratio Rank: 9
MPEGX Omega Ratio Rank: 8
MPEGX Calmar Ratio Rank: 6
MPEGX Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MPEGX vs. DINDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund Trust Discovery Portfolio (MPEGX) and Morgan Stanley Global Fixed Income Opportunities Fund (DINDX). 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.

	MPEGX	DINDX	Difference
Sharpe ratio Return per unit of total volatility	0.10	—	—
Sortino ratio Return per unit of downside risk	0.38	—	—
Omega ratio Gain probability vs. loss probability	1.05	—	—
Calmar ratio Return relative to maximum drawdown	-0.02	—	—
Martin ratio Return relative to average drawdown	-0.04	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MPEGX	DINDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.10	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.20	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	—	—

Correlation

The correlation between MPEGX and DINDX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MPEGX vs. DINDX - Dividend Comparison

Neither MPEGX nor DINDX has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MPEGX Morgan Stanley Institutional Fund Trust Discovery Portfolio	0.00%	0.00%	0.00%	0.00%	0.00%	35.82%	7.63%	12.05%	23.88%	41.11%	67.79%	13.20%
DINDX Morgan Stanley Global Fixed Income Opportunities Fund	3.44%	4.69%	5.36%	4.69%	5.82%	3.52%	2.98%	3.43%	3.68%	3.13%	6.24%	4.80%

Drawdowns

Volatility

Volatility by Period

	MPEGX	DINDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.03%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	31.93%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.32%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.32%	—	—