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 15.45%/yr vs 2.66%/yr for TSDUX. Their -0.01 correlation means they have often moved in opposite directions in the past. 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 -8.56% return, which is significantly lower than TSDUX's 1.91% return. Over the past 10 years, MSEGX has outperformed TSDUX with an annualized return of 15.45%, while TSDUX has yielded a comparatively lower 2.66% annualized return.
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%
TSDUX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 1.45%
- YTD
- 1.91%
- 1Y
- 2.61%
- 3Y*
- 4.57%
- 5Y*
- 3.46%
- 10Y*
- 2.66%
- ALL TIME*
- 2.64%
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. TSDUX - 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% |
TSDUX Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund | 1.91% | 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 0.10, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (3Y) Balances recent behavior with more history. | 0.01 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.05 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.02 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2016 | -0.01 |
The correlation between MSEGX and TSDUX shifts across timeframes, from -0.05 (5 years) to 0.10 (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.
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 | TSDUX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.94 | ||
| Sortino ratioReturn per unit of downside risk | -3.61 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 2.46 | -1.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 7.30 | -7.40 |
| Martin ratioReturn relative to average drawdown | -0.20 | 23.14 | -23.33 |
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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 | -20.97% | -0.41% | -20.56% |
Average DrawdownAverage peak-to-trough decline | -19.50% | -0.18% | -19.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.57% | 0.12% | +14.45% |
Volatility
MSEGX vs. TSDUX - Volatility Comparison
Morgan Stanley Institutional Growth Portfolio (MSEGX) has a higher volatility of 7.72% compared to Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund (TSDUX) at 0.47%. 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 | 7.72% | 0.47% | +7.25% |
Volatility (6M)Calculated over the trailing 6-month period | 22.82% | 0.66% | +22.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.63% | 1.05% | +28.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.95% | 1.12% | +38.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.98% | 1.09% | +32.89% |
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 2.47%.
| 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 | 2.47% | 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 0.10, 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 TSDUX (0.47%). In terms of maximum drawdown, MSEGX dropped -69.57% vs TSDUX's -3.94%.
TSDUX currently has the higher Sharpe Ratio (2.85 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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