MSEGX vs. TSDUX
MSEGX (Morgan Stanley Institutional Growth Portfolio) and TSDUX (Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund) are both mutual funds - MSEGX is a Large Cap Growth Equities fund actively managed by Morgan Stanley, while TSDUX is a Ultrashort Bond fund managed by Morgan Stanley. Over the past 10 years, MSEGX returned 17.13%/yr vs 2.66%/yr for TSDUX. At a correlation of -0.02, they often move in opposite directions. MSEGX charges 0.87%/yr vs 0.62%/yr for TSDUX.
Performance
MSEGX vs. TSDUX - Performance Comparison
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Returns By Period
In the year-to-date period, MSEGX achieves a -1.30% return, which is significantly lower than TSDUX's 1.56% return. Over the past 10 years, MSEGX has outperformed TSDUX with an annualized return of 17.13%, while TSDUX has yielded a comparatively lower 2.66% annualized return.
MSEGX
- 1D
- -1.57%
- 1M
- 4.07%
- YTD
- -1.30%
- 6M
- -3.05%
- 1Y
- 8.80%
- 3Y*
- 28.84%
- 5Y*
- 1.56%
- 10Y*
- 17.13%
TSDUX
- 1D
- 0.00%
- 1M
- 0.37%
- YTD
- 1.56%
- 6M
- 1.98%
- 1Y
- 3.17%
- 3Y*
- 4.90%
- 5Y*
- 3.35%
- 10Y*
- 2.66%
MSEGX vs. TSDUX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSEGX Morgan Stanley Institutional Growth Portfolio | -1.30% | 24.43% | 46.29% | 49.87% | -60.27% | -0.31% | 115.11% | 38.93% | 5.01% | 43.53% |
TSDUX Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund | 1.56% | 3.24% | 6.04% | 5.94% | 0.41% | -0.11% | 2.06% | 2.65% | 1.64% | 1.73% |
Correlation
The correlation between MSEGX and TSDUX is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2016 | -0.02 |
The correlation between MSEGX and TSDUX shifts across timeframes, from -0.07 (5 years) to 0.06 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MSEGX vs. TSDUX — Risk / Return Rank
MSEGX
TSDUX
MSEGX vs. TSDUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Growth Portfolio (MSEGX) and Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund (TSDUX). 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.
| MSEGX | TSDUX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.37 | ||
| Sortino ratioReturn per unit of downside risk | -4.49 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 3.14 | -2.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | 8.83 | -8.49 |
| Martin ratioReturn relative to average drawdown | 0.73 | 28.77 | -28.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MSEGX | TSDUX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.34 | 3.71 | -3.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | 3.13 | -3.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 2.48 | -1.97 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 2.48 | -2.06 |
Drawdowns
MSEGX vs. TSDUX - Drawdown Comparison
The maximum MSEGX drawdown since its inception was -69.57%, which is greater than TSDUX's maximum drawdown of -3.94%. Use the drawdown chart below to compare losses from any high point for MSEGX and TSDUX.
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Drawdown Indicators
| MSEGX | TSDUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.57% | -3.94% | -65.63% |
Max Drawdown (1Y)Largest decline over 1 year | -27.83% | -0.41% | -27.42% |
Max Drawdown (3Y)Largest decline over 3 years | -32.54% | -0.73% | -31.81% |
Max Drawdown (5Y)Largest decline over 5 years | -69.57% | -1.72% | -67.85% |
Max Drawdown (10Y)Largest decline over 10 years | -69.57% | -3.94% | -65.63% |
Current DrawdownCurrent decline from peak | -14.69% | 0.00% | -14.69% |
Average DrawdownAverage peak-to-trough decline | -19.50% | -0.19% | -19.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.89% | 0.14% | +12.75% |
Volatility
MSEGX vs. TSDUX - Volatility Comparison
Morgan Stanley Institutional Growth Portfolio (MSEGX) has a higher volatility of 8.13% compared to Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund (TSDUX) at 0.17%. This indicates that MSEGX's price experiences larger fluctuations and is considered to be riskier than TSDUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSEGX | TSDUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.13% | 0.17% | +7.96% |
Volatility (6M)Calculated over the trailing 6-month period | 21.31% | 0.62% | +20.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.99% | 1.03% | +26.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.72% | 1.11% | +38.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.79% | 1.09% | +32.70% |
MSEGX vs. TSDUX - Expense Ratio Comparison
MSEGX has a 0.87% expense ratio, which is higher than TSDUX's 0.62% expense ratio.
Dividends
MSEGX vs. TSDUX - Dividend Comparison
MSEGX has not paid dividends to shareholders, while TSDUX's dividend yield for the trailing twelve months is around 2.91%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TSDUX Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund | 2.91% | 3.09% | 5.03% | 1.55% | 6.36% | 0.60% | 1.65% | 2.84% | 2.66% | 2.22% | 1.87% | 0.00% |
Frequently Asked Questions
MSEGX and TSDUX have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSEGX has higher volatility (8.13%) compared to TSDUX (0.17%). In terms of maximum drawdown, MSEGX dropped -69.57% vs TSDUX's -3.94%.
TSDUX currently has the higher Sharpe Ratio (3.71 vs 0.34), 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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