MS vs. IGV
MS (Morgan Stanley) is a stock, while IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index. Over the past 10 years, MS returned 25.48%/yr vs 15.60%/yr for IGV. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
MS vs. IGV - Performance Comparison
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Returns By Period
In the year-to-date period, MS achieves a 20.12% return, which is significantly higher than IGV's -12.01% return. Over the past 10 years, MS has outperformed IGV with an annualized return of 25.48%, while IGV has yielded a comparatively lower 15.60% annualized return.
MS
- 1D
- -2.12%
- 1M
- -5.48%
- 6M
- 12.77%
- YTD
- 20.12%
- 1Y
- 53.40%
- 3Y*
- 35.16%
- 5Y*
- 20.96%
- 10Y*
- 25.48%
- ALL TIME*
- 13.01%
IGV
- 1D
- 0.19%
- 1M
- 4.37%
- 6M
- -5.40%
- YTD
- -12.01%
- 1Y
- -16.26%
- 3Y*
- 9.01%
- 5Y*
- 3.20%
- 10Y*
- 15.60%
- ALL TIME*
- 9.30%
MS vs. IGV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MS Morgan Stanley | 20.12% | 45.16% | 39.73% | 13.93% | -10.34% | 46.65% | 38.09% | 32.67% | -22.76% | 26.61% |
IGV iShares Expanded Tech-Software Sector ETF | -12.01% | 5.56% | 23.41% | 58.56% | -35.65% | 12.30% | 52.86% | 34.33% | 12.44% | 42.16% |
Correlation
The correlation between MS and IGV is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2001 | 0.52 |
The correlation between MS and IGV shifts across timeframes, from 0.36 (1 year) to 0.52 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MS vs. IGV — Risk / Return Rank
MS
IGV
MS vs. IGV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley (MS) and iShares Expanded Tech-Software Sector ETF (IGV). 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.
| MS | IGV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.55 | ||
| Sortino ratioReturn per unit of downside risk | +3.20 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 0.92 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | -0.45 | +3.30 |
| Martin ratioReturn relative to average drawdown | 9.21 | -0.86 | +10.07 |
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Drawdowns
MS vs. IGV - Drawdown Comparison
The maximum MS drawdown since its inception was -88.12%, which is greater than IGV's maximum drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for MS and IGV.
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Drawdown Indicators
| MS | IGV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.12% | -63.45% | -24.67% |
Max Drawdown (1Y)Largest decline over 1 year | -18.83% | -36.61% | +17.78% |
Max Drawdown (3Y)Largest decline over 3 years | -29.24% | -36.61% | +7.37% |
Max Drawdown (5Y)Largest decline over 5 years | -32.38% | -45.85% | +13.47% |
Max Drawdown (10Y)Largest decline over 10 years | -51.33% | -45.85% | -5.48% |
Current DrawdownCurrent decline from peak | -7.71% | -21.05% | +13.34% |
Average DrawdownAverage peak-to-trough decline | -33.60% | -14.48% | -19.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.82% | 18.89% | -13.07% |
Volatility
MS vs. IGV - Volatility Comparison
Morgan Stanley (MS) has a higher volatility of 9.63% compared to iShares Expanded Tech-Software Sector ETF (IGV) at 7.17%. This indicates that MS's price experiences larger fluctuations and is considered to be riskier than IGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MS | IGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.63% | 7.17% | +2.46% |
Volatility (6M)Calculated over the trailing 6-month period | 22.21% | 25.18% | -2.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.22% | 28.69% | -1.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.76% | 28.08% | +0.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.32% | 26.41% | +4.91% |
Dividends
MS vs. IGV - Dividend Comparison
MS's dividend yield for the trailing twelve months is around 1.90%, more than IGV's 0.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ETF | 0.02% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% |
MS Morgan Stanley | 1.90% | 2.17% | 2.82% | 3.49% | 3.47% | 2.14% | 2.04% | 2.54% | 2.77% | 1.72% | 1.66% | 1.73% |
Frequently Asked Questions
MS and IGV have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MS has higher volatility (9.63%) compared to IGV (7.17%). In terms of maximum drawdown, MS dropped -88.12% vs IGV's -63.45%.
MS currently has the higher Sharpe Ratio (1.98 vs -0.57), 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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