MPEGX vs. MGKQX
Compare and contrast key facts about Morgan Stanley Institutional Fund Trust Discovery Portfolio (MPEGX) and Morgan Stanley Global Permanence Portfolio (MGKQX).
MPEGX is managed by Morgan Stanley. It was launched on Mar 30, 1990. MGKQX is managed by Morgan Stanley. It was launched on Apr 29, 2019.
Performance
MPEGX vs. MGKQX - Performance Comparison
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MPEGX vs. MGKQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MPEGX Morgan Stanley Institutional Fund Trust Discovery Portfolio | -11.38% | 14.05% | 42.38% | 46.66% | -63.39% | -12.37% | 142.68% | 4.32% |
MGKQX Morgan Stanley Global Permanence Portfolio | -3.40% | 5.52% | 10.81% | 20.89% | -19.81% | 19.55% | 27.09% | 6.40% |
Returns By Period
In the year-to-date period, MPEGX achieves a -11.38% return, which is significantly lower than MGKQX's -3.40% return.
MPEGX
- 1D
- 4.71%
- 1M
- -5.01%
- YTD
- -11.38%
- 6M
- -20.20%
- 1Y
- 7.13%
- 3Y*
- 21.82%
- 5Y*
- -7.45%
- 10Y*
- 13.09%
MGKQX
- 1D
- 3.56%
- 1M
- -4.75%
- YTD
- -3.40%
- 6M
- -21.98%
- 1Y
- -2.35%
- 3Y*
- 6.27%
- 5Y*
- 4.57%
- 10Y*
- —
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MPEGX vs. MGKQX - Expense Ratio Comparison
MPEGX has a 0.72% expense ratio, which is lower than MGKQX's 0.95% expense ratio.
Return for Risk
MPEGX vs. MGKQX — Risk / Return Rank
MPEGX
MGKQX
MPEGX vs. MGKQX - 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 Permanence Portfolio (MGKQX). 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 | MGKQX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.28 | -0.06 | +0.34 |
Sortino ratioReturn per unit of downside risk | 0.63 | 0.10 | +0.53 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.02 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.30 | -0.16 | +0.46 |
Martin ratioReturn relative to average drawdown | 0.75 | -0.38 | +1.13 |
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
| MPEGX | MGKQX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.28 | -0.06 | +0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.19 | 0.19 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.36 | +0.11 |
Correlation
The correlation between MPEGX and MGKQX is 0.75, 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
MPEGX vs. MGKQX - Dividend Comparison
Neither MPEGX nor MGKQX 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% |
MGKQX Morgan Stanley Global Permanence Portfolio | 0.00% | 0.00% | 21.29% | 5.29% | 1.80% | 16.33% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MPEGX vs. MGKQX - Drawdown Comparison
The maximum MPEGX drawdown since its inception was -75.29%, which is greater than MGKQX's maximum drawdown of -33.07%. Use the drawdown chart below to compare losses from any high point for MPEGX and MGKQX.
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Drawdown Indicators
| MPEGX | MGKQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.29% | -33.07% | -42.22% |
Max Drawdown (1Y)Largest decline over 1 year | -27.46% | -25.97% | -1.49% |
Max Drawdown (5Y)Largest decline over 5 years | -72.99% | -30.96% | -42.03% |
Max Drawdown (10Y)Largest decline over 10 years | -75.29% | — | — |
Current DrawdownCurrent decline from peak | -45.21% | -23.27% | -21.94% |
Average DrawdownAverage peak-to-trough decline | -21.13% | -8.25% | -12.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.87% | 10.84% | +0.03% |
Volatility
MPEGX vs. MGKQX - Volatility Comparison
Morgan Stanley Institutional Fund Trust Discovery Portfolio (MPEGX) has a higher volatility of 9.50% compared to Morgan Stanley Global Permanence Portfolio (MGKQX) at 6.88%. This indicates that MPEGX's price experiences larger fluctuations and is considered to be riskier than MGKQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MPEGX | MGKQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.50% | 6.88% | +2.62% |
Volatility (6M)Calculated over the trailing 6-month period | 22.29% | 24.31% | -2.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.20% | 27.28% | +4.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.35% | 23.62% | +16.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.35% | 23.84% | +10.51% |