MPEGX vs. ^GSPC
Compare and contrast key facts about Morgan Stanley Institutional Fund Trust Discovery Portfolio (MPEGX) and S&P 500 (^GSPC).
MPEGX is managed by Morgan Stanley. It was launched on Mar 30, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MPEGX or ^GSPC.
Correlation
The correlation between MPEGX and ^GSPC 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.
Performance
MPEGX vs. ^GSPC - Performance Comparison
Key characteristics
MPEGX:
1.87
^GSPC:
1.74
MPEGX:
2.49
^GSPC:
2.35
MPEGX:
1.30
^GSPC:
1.32
MPEGX:
0.70
^GSPC:
2.62
MPEGX:
9.46
^GSPC:
10.82
MPEGX:
5.45%
^GSPC:
2.05%
MPEGX:
27.52%
^GSPC:
12.77%
MPEGX:
-81.60%
^GSPC:
-56.78%
MPEGX:
-59.16%
^GSPC:
-4.06%
Returns By Period
In the year-to-date period, MPEGX achieves a 1.11% return, which is significantly higher than ^GSPC's -0.66% return. Over the past 10 years, MPEGX has underperformed ^GSPC with an annualized return of -5.58%, while ^GSPC has yielded a comparatively higher 11.24% annualized return.
MPEGX
1.11%
-5.01%
33.56%
54.24%
0.99%
-5.58%
^GSPC
-0.66%
-3.44%
3.10%
22.14%
12.04%
11.24%
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Risk-Adjusted Performance
MPEGX vs. ^GSPC — Risk-Adjusted Performance Rank
MPEGX
^GSPC
MPEGX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund Trust Discovery Portfolio (MPEGX) and S&P 500 (^GSPC). 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.
Drawdowns
MPEGX vs. ^GSPC - Drawdown Comparison
The maximum MPEGX drawdown since its inception was -81.60%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for MPEGX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
MPEGX vs. ^GSPC - Volatility Comparison
Morgan Stanley Institutional Fund Trust Discovery Portfolio (MPEGX) has a higher volatility of 8.49% compared to S&P 500 (^GSPC) at 4.57%. This indicates that MPEGX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.