MPFDX vs. CPOAX
MPFDX (Morgan Stanley Institutional Fund Trust Corporate Bond Portfolio) and CPOAX (Morgan Stanley Insight A) are both mutual funds - MPFDX is a Corporate Bonds fund managed by Morgan Stanley, while CPOAX is a Large Cap Growth Equities fund tracking the Russell 3000 Growth Index. Over the past 10 years, MPFDX returned 2.71%/yr vs 15.26%/yr for CPOAX. Their -0.04 correlation means they have often moved in opposite directions in the past. MPFDX charges 0.70%/yr vs 1.15%/yr for CPOAX.
Performance
MPFDX vs. CPOAX - Performance Comparison
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Returns By Period
In the year-to-date period, MPFDX achieves a -0.92% return, which is significantly higher than CPOAX's -8.02% return. Over the past 10 years, MPFDX has underperformed CPOAX with an annualized return of 2.71%, while CPOAX has yielded a comparatively higher 15.26% annualized return.
MPFDX
- 1D
- -0.38%
- 1M
- -2.05%
- 6M
- -1.39%
- YTD
- -0.92%
- 1Y
- 2.37%
- 3Y*
- 4.91%
- 5Y*
- -0.04%
- 10Y*
- 2.71%
- ALL TIME*
- 5.72%
CPOAX
- 1D
- -0.47%
- 1M
- -5.85%
- 6M
- -6.08%
- YTD
- -8.02%
- 1Y
- -6.96%
- 3Y*
- 20.11%
- 5Y*
- -4.81%
- 10Y*
- 15.26%
- ALL TIME*
- 10.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MPFDX vs. CPOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MPFDX Morgan Stanley Institutional Fund Trust Corporate Bond Portfolio | -0.92% | 7.75% | 2.69% | 10.05% | -16.28% | -1.92% | 10.32% | 15.73% | -3.87% | 6.91% |
CPOAX Morgan Stanley Insight A | -8.02% | 18.91% | 46.35% | 52.72% | -61.02% | -6.83% | 115.86% | 33.08% | 11.94% | 48.40% |
Correlation
The correlation between MPFDX and CPOAX is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.24 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 1997 | -0.04 |
The correlation between MPFDX and CPOAX shifts across timeframes, from -0.04 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MPFDX vs. CPOAX — Risk / Return Rank
MPFDX
CPOAX
MPFDX vs. CPOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund Trust Corporate Bond Portfolio (MPFDX) and Morgan Stanley Insight A (CPOAX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MPFDX | CPOAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.83 | ||
| Sortino ratioReturn per unit of downside risk | +1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.99 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | -0.22 | +1.06 |
| Martin ratioReturn relative to average drawdown | 2.48 | -0.43 | +2.91 |
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Drawdowns
MPFDX vs. CPOAX - Drawdown Comparison
The maximum MPFDX drawdown since its inception was -25.17%, smaller than the maximum CPOAX drawdown of -84.57%. Use the drawdown chart below to compare losses from any high point for MPFDX and CPOAX.
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Drawdown Indicators
| MPFDX | CPOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.17% | -84.57% | +59.40% |
Max Drawdown (1Y)Largest decline over 1 year | -3.06% | -28.37% | +25.31% |
Max Drawdown (3Y)Largest decline over 3 years | -6.10% | -31.38% | +25.28% |
Max Drawdown (5Y)Largest decline over 5 years | -22.81% | -70.73% | +47.92% |
Max Drawdown (10Y)Largest decline over 10 years | -25.17% | -71.33% | +46.16% |
Current DrawdownCurrent decline from peak | -3.81% | -27.08% | +23.27% |
Average DrawdownAverage peak-to-trough decline | -3.13% | -39.13% | +36.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 14.24% | -13.20% |
Volatility
MPFDX vs. CPOAX - Volatility Comparison
The current volatility for Morgan Stanley Institutional Fund Trust Corporate Bond Portfolio (MPFDX) is 1.14%, while Morgan Stanley Insight A (CPOAX) has a volatility of 8.18%. This indicates that MPFDX experiences smaller price fluctuations and is considered to be less risky than CPOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MPFDX | CPOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.14% | 8.18% | -7.04% |
Volatility (6M)Calculated over the trailing 6-month period | 3.17% | 23.38% | -20.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.11% | 30.28% | -26.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.46% | 39.96% | -33.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.17% | 34.24% | -28.07% |
MPFDX vs. CPOAX - Expense Ratio Comparison
MPFDX has a 0.70% expense ratio, which is lower than CPOAX's 1.15% expense ratio.
Dividends
MPFDX vs. CPOAX - Dividend Comparison
MPFDX's dividend yield for the trailing twelve months is around 4.67%, while CPOAX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPOAX Morgan Stanley Insight A | 0.00% | 0.00% | 0.61% | 0.00% | 51.84% | 14.94% | 9.06% | 7.29% | 9.33% | 28.73% | 9.83% | 8.92% |
MPFDX Morgan Stanley Institutional Fund Trust Corporate Bond Portfolio | 4.67% | 4.58% | 5.40% | 4.41% | 3.17% | 4.74% | 5.79% | 2.98% | 3.04% | 2.92% | 3.05% | 3.12% |
Frequently Asked Questions
MPFDX and CPOAX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CPOAX has higher volatility (8.18%) compared to MPFDX (1.14%). In terms of maximum drawdown, MPFDX dropped -25.17% vs CPOAX's -84.57%.
MPFDX currently has the higher Sharpe Ratio (0.63 vs -0.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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