MSDL vs. GLD
Compare and contrast key facts about Morgan Stanley Direct Lending Fund (MSDL) and SPDR Gold Trust (GLD).
GLD is a passively managed fund by State Street that tracks the performance of the Gold Bullion. It was launched on Nov 18, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSDL or GLD.
Correlation
The correlation between MSDL and GLD is 0.15, 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.
Performance
MSDL vs. GLD - Performance Comparison
Key characteristics
MSDL:
0.01
GLD:
2.41
MSDL:
0.18
GLD:
3.21
MSDL:
1.02
GLD:
1.41
MSDL:
0.01
GLD:
5.01
MSDL:
0.03
GLD:
13.43
MSDL:
9.96%
GLD:
3.03%
MSDL:
24.43%
GLD:
16.89%
MSDL:
-18.12%
GLD:
-45.56%
MSDL:
-10.66%
GLD:
-5.58%
Returns By Period
In the year-to-date period, MSDL achieves a -3.72% return, which is significantly lower than GLD's 23.07% return.
MSDL
-3.72%
-3.34%
2.25%
-0.66%
N/A
N/A
GLD
23.07%
4.04%
18.03%
39.92%
13.24%
10.08%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
MSDL vs. GLD — Risk-Adjusted Performance Rank
MSDL
GLD
MSDL vs. GLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Direct Lending Fund (MSDL) and SPDR Gold Trust (GLD). 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.
Dividends
MSDL vs. GLD - Dividend Comparison
MSDL's dividend yield for the trailing twelve months is around 11.33%, while GLD has not paid dividends to shareholders.
TTM | 2024 | |
---|---|---|
MSDL Morgan Stanley Direct Lending Fund | 11.33% | 10.65% |
GLD SPDR Gold Trust | 0.00% | 0.00% |
Drawdowns
MSDL vs. GLD - Drawdown Comparison
The maximum MSDL drawdown since its inception was -18.12%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for MSDL and GLD. For additional features, visit the drawdowns tool.
Volatility
MSDL vs. GLD - Volatility Comparison
Morgan Stanley Direct Lending Fund (MSDL) has a higher volatility of 11.42% compared to SPDR Gold Trust (GLD) at 8.73%. This indicates that MSDL's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.