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MSEQX vs. FTEC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


MSEQXFTEC
YTD Return2.16%10.70%
1Y Return16.50%23.88%
3Y Return (Ann)-19.68%8.65%
5Y Return (Ann)5.71%20.78%
10Y Return (Ann)10.64%19.24%
Sharpe Ratio0.591.06
Daily Std Dev27.71%20.76%
Max Drawdown-69.48%-34.95%
Current Drawdown-51.20%-12.11%

Correlation

-0.50.00.51.00.8

The correlation between MSEQX and FTEC is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

MSEQX vs. FTEC - Performance Comparison

In the year-to-date period, MSEQX achieves a 2.16% return, which is significantly lower than FTEC's 10.70% return. Over the past 10 years, MSEQX has underperformed FTEC with an annualized return of 10.64%, while FTEC has yielded a comparatively higher 19.24% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%15.00%AprilMayJuneJulyAugustSeptember
-3.75%
2.60%
MSEQX
FTEC

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Morgan Stanley Growth Portfolio Class I

Fidelity MSCI Information Technology Index ETF

MSEQX vs. FTEC - Expense Ratio Comparison

MSEQX has a 0.56% expense ratio, which is higher than FTEC's 0.08% expense ratio.


MSEQX
Morgan Stanley Growth Portfolio Class I
Expense ratio chart for MSEQX: current value at 0.56% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.56%
Expense ratio chart for FTEC: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

MSEQX vs. FTEC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Growth Portfolio Class I (MSEQX) and Fidelity MSCI Information Technology Index ETF (FTEC). 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
Sharpe ratio
The chart of Sharpe ratio for MSEQX, currently valued at 0.59, compared to the broader market-1.000.001.002.003.004.005.000.59
Sortino ratio
The chart of Sortino ratio for MSEQX, currently valued at 0.99, compared to the broader market0.005.0010.000.99
Omega ratio
The chart of Omega ratio for MSEQX, currently valued at 1.12, compared to the broader market1.002.003.004.001.12
Calmar ratio
The chart of Calmar ratio for MSEQX, currently valued at 0.25, compared to the broader market0.005.0010.0015.0020.000.25
Martin ratio
The chart of Martin ratio for MSEQX, currently valued at 2.30, compared to the broader market0.0020.0040.0060.0080.00100.002.30
FTEC
Sharpe ratio
The chart of Sharpe ratio for FTEC, currently valued at 1.06, compared to the broader market-1.000.001.002.003.004.005.001.06
Sortino ratio
The chart of Sortino ratio for FTEC, currently valued at 1.49, compared to the broader market0.005.0010.001.49
Omega ratio
The chart of Omega ratio for FTEC, currently valued at 1.19, compared to the broader market1.002.003.004.001.19
Calmar ratio
The chart of Calmar ratio for FTEC, currently valued at 1.44, compared to the broader market0.005.0010.0015.0020.001.44
Martin ratio
The chart of Martin ratio for FTEC, currently valued at 5.19, compared to the broader market0.0020.0040.0060.0080.00100.005.19

MSEQX vs. FTEC - Sharpe Ratio Comparison

The current MSEQX Sharpe Ratio is 0.59, which is lower than the FTEC Sharpe Ratio of 1.06. The chart below compares the 12-month rolling Sharpe Ratio of MSEQX and FTEC.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50AprilMayJuneJulyAugustSeptember
0.59
1.06
MSEQX
FTEC

Dividends

MSEQX vs. FTEC - Dividend Comparison

MSEQX has not paid dividends to shareholders, while FTEC's dividend yield for the trailing twelve months is around 0.71%.


TTM20232022202120202019201820172016201520142013
MSEQX
Morgan Stanley Growth Portfolio Class I
0.00%0.05%16.79%24.24%9.36%10.70%7.94%21.18%12.71%7.55%4.95%4.46%
FTEC
Fidelity MSCI Information Technology Index ETF
0.71%0.77%0.93%0.63%0.83%1.03%1.20%0.96%1.25%1.27%1.09%0.18%

Drawdowns

MSEQX vs. FTEC - Drawdown Comparison

The maximum MSEQX drawdown since its inception was -69.48%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for MSEQX and FTEC. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%AprilMayJuneJulyAugustSeptember
-51.20%
-12.11%
MSEQX
FTEC

Volatility

MSEQX vs. FTEC - Volatility Comparison

Morgan Stanley Growth Portfolio Class I (MSEQX) has a higher volatility of 9.11% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 8.33%. This indicates that MSEQX's price experiences larger fluctuations and is considered to be riskier than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%9.00%10.00%11.00%AprilMayJuneJulyAugustSeptember
9.11%
8.33%
MSEQX
FTEC