MSEGX vs. DNVYX
MSEGX (Morgan Stanley Institutional Growth Portfolio) and DNVYX (Davis New York Venture Fund Class Y) are both Large Cap Growth Equities funds. Both are actively managed. Over the past 10 years, MSEGX returned 15.45%/yr vs 14.76%/yr for DNVYX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. MSEGX charges 0.87%/yr vs 0.67%/yr for DNVYX.
Performance
MSEGX vs. DNVYX - Performance Comparison
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Returns By Period
In the year-to-date period, MSEGX achieves a -8.56% return, which is significantly lower than DNVYX's 15.22% return. Both investments have delivered pretty close results over the past 10 years, with MSEGX having a 15.45% annualized return and DNVYX not far behind at 14.76%.
MSEGX
- 1D
- 2.02%
- 1M
- -6.14%
- 6M
- 2.08%
- YTD
- -8.56%
- 1Y
- -6.44%
- 3Y*
- 22.63%
- 5Y*
- -3.06%
- 10Y*
- 15.45%
- ALL TIME*
- 10.89%
DNVYX
- 1D
- 1.01%
- 1M
- 3.34%
- 6M
- 10.27%
- YTD
- 15.22%
- 1Y
- 33.36%
- 3Y*
- 26.89%
- 5Y*
- 15.27%
- 10Y*
- 14.76%
- ALL TIME*
- 10.31%
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 |
MSEGX vs. DNVYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSEGX Morgan Stanley Institutional Growth Portfolio | -8.56% | 24.43% | 46.29% | 49.87% | -60.27% | -0.31% | 115.11% | 38.93% | 5.01% | 43.53% |
DNVYX Davis New York Venture Fund Class Y | 15.22% | 27.17% | 31.80% | 30.49% | -17.34% | 12.74% | 11.68% | 31.35% | -12.79% | 22.51% |
Correlation
The correlation between MSEGX and DNVYX is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.52 |
Correlation (3Y) Balances recent behavior with more history. | 0.61 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.65 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.60 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 1996 | 0.76 |
Over the past year, the correlation between MSEGX and DNVYX has dropped to 0.52 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.
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Return for Risk
MSEGX vs. DNVYX — Risk / Return Rank
MSEGX
DNVYX
MSEGX vs. DNVYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Growth Portfolio (MSEGX) and Davis New York Venture Fund Class Y (DNVYX). 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.
| MSEGX | DNVYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.93 | ||
| Sortino ratioReturn per unit of downside risk | -3.75 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.49 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 4.40 | -4.50 |
| Martin ratioReturn relative to average drawdown | -0.20 | 17.42 | -17.62 |
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Drawdowns
MSEGX vs. DNVYX - Drawdown Comparison
The maximum MSEGX drawdown since its inception was -69.57%, which is greater than DNVYX's maximum drawdown of -58.41%. Use the drawdown chart below to compare losses from any high point for MSEGX and DNVYX.
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Drawdown Indicators
| MSEGX | DNVYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.57% | -58.41% | -11.16% |
Max Drawdown (1Y)Largest decline over 1 year | -27.83% | -7.97% | -19.86% |
Max Drawdown (3Y)Largest decline over 3 years | -32.54% | -21.44% | -11.10% |
Max Drawdown (5Y)Largest decline over 5 years | -69.57% | -30.35% | -39.22% |
Max Drawdown (10Y)Largest decline over 10 years | -69.57% | -36.97% | -32.60% |
Current DrawdownCurrent decline from peak | -20.97% | 0.00% | -20.97% |
Average DrawdownAverage peak-to-trough decline | -19.50% | -9.39% | -10.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.57% | 2.01% | +12.56% |
Volatility
MSEGX vs. DNVYX - Volatility Comparison
Morgan Stanley Institutional Growth Portfolio (MSEGX) has a higher volatility of 7.72% compared to Davis New York Venture Fund Class Y (DNVYX) at 2.93%. This indicates that MSEGX's price experiences larger fluctuations and is considered to be riskier than DNVYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSEGX | DNVYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.72% | 2.93% | +4.79% |
Volatility (6M)Calculated over the trailing 6-month period | 22.82% | 8.84% | +13.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.63% | 12.39% | +17.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.95% | 21.79% | +18.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.98% | 21.03% | +12.95% |
MSEGX vs. DNVYX - Expense Ratio Comparison
MSEGX has a 0.87% expense ratio, which is higher than DNVYX's 0.67% expense ratio.
Dividends
MSEGX vs. DNVYX - Dividend Comparison
MSEGX has not paid dividends to shareholders, while DNVYX's dividend yield for the trailing twelve months is around 9.22%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DNVYX Davis New York Venture Fund Class Y | 9.22% | 11.15% | 31.98% | 7.88% | 7.54% | 21.48% | 5.93% | 7.63% | 23.81% | 8.39% | 12.88% | 22.87% |
MSEGX Morgan Stanley Institutional Growth Portfolio | 0.00% | 0.00% | 0.42% | 0.00% | 18.70% | 26.52% | 10.03% | 22.75% | 5.67% | 22.18% | 13.17% | 7.76% |
Frequently Asked Questions
MSEGX and DNVYX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSEGX has higher volatility (7.72%) compared to DNVYX (2.93%). In terms of maximum drawdown, MSEGX dropped -69.57% vs DNVYX's -58.41%.
DNVYX currently has the higher Sharpe Ratio (2.83 vs -0.10), 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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