MSEQX vs. FBGX

Last updated Apr 2, 2026

Compare and contrast key facts about Morgan Stanley Growth Portfolio Class I (MSEQX) and UBS AG FI Enhanced Large Cap Growth ETN (FBGX).

MSEQX is managed by Morgan Stanley. It was launched on Apr 2, 1991. FBGX is a passively managed fund by UBS that tracks the performance of the Russell 1000 Growth Index (200%). It was launched on Jun 11, 2014.

Performance

MSEQX vs. FBGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Morgan Stanley Growth Portfolio Class I (MSEQX) and UBS AG FI Enhanced Large Cap Growth ETN (FBGX). The values are adjusted to include any dividend payments, if applicable.

MSEQX vs. FBGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MSEQX Morgan Stanley Growth Portfolio Class I	-15.37%	24.78%	46.65%	50.36%	-60.18%	-0.00%	115.60%	38.25%	5.38%	43.91%
FBGX UBS AG FI Enhanced Large Cap Growth ETN	0.00%	0.00%	35.73%	83.74%	-56.41%	57.04%	65.79%	75.84%	-16.58%	64.01%

Returns By Period

MSEQX

• 1D: 4.54%
• 1M: -4.30%
• YTD: -15.37%
• 6M: -21.98%
• 1Y: 15.92%
• 3Y*: 25.56%
• 5Y*: -1.63%
• 10Y*: 15.71%

FBGX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MSEQX vs. FBGX - Expense Ratio Comparison

MSEQX has a 0.56% expense ratio, which is lower than FBGX's 1.29% expense ratio.

FBGX

UBS AG FI Enhanced Large Cap Growth ETN

MSEQX

Morgan Stanley Growth Portfolio Class I

Return for Risk

MSEQX vs. FBGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MSEQX

MSEQX Risk / Return Rank: 19
MSEQX Sharpe Ratio Rank: 19
MSEQX Sortino Ratio Rank: 24
MSEQX Omega Ratio Rank: 19
MSEQX Calmar Ratio Rank: 18
MSEQX Martin Ratio Rank: 15

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MSEQX vs. FBGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Growth Portfolio Class I (MSEQX) and UBS AG FI Enhanced Large Cap Growth ETN (FBGX). 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.

	MSEQX	FBGX	Difference
Sharpe ratio Return per unit of total volatility	0.55	—	—
Sortino ratio Return per unit of downside risk	1.01	—	—
Omega ratio Gain probability vs. loss probability	1.12	—	—
Calmar ratio Return relative to maximum drawdown	0.58	—	—
Martin ratio Return relative to average drawdown	1.53	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MSEQX	FBGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.55	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.04	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	—	—

Correlation

The correlation between MSEQX and FBGX is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MSEQX vs. FBGX - Dividend Comparison

Neither MSEQX nor FBGX has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MSEQX Morgan Stanley Growth Portfolio Class I	0.00%	0.00%	0.55%	0.05%	16.79%	24.24%	9.36%	21.39%	5.38%	21.18%	12.71%	7.55%
FBGX UBS AG FI Enhanced Large Cap Growth ETN	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	MSEQX	FBGX	Difference
Max Drawdown Largest peak-to-trough decline	-69.48%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-27.73%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-69.48%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-69.48%	—	—
Current Drawdown Current decline from peak	-26.02%	—	—
Average Drawdown Average peak-to-trough decline	-16.88%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	10.55%	—	—

Volatility

Volatility by Period

	MSEQX	FBGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.47%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	33.39%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.78%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.59%	—	—