MSFAX vs. TBCIX
MSFAX (Morgan Stanley Institutional Fund, Inc. Global Franchise Portfolio) and TBCIX (T. Rowe Price Blue Chip Growth Fund I Class) are both mutual funds - MSFAX is a Global Equities fund managed by T. Rowe Price, while TBCIX is a Large Cap Growth Equities fund managed by T. Rowe Price. Over the past 10 years, MSFAX returned 6.50%/yr vs 17.93%/yr for TBCIX. A 0.71 correlation means they provide meaningful diversification when combined. MSFAX charges 0.92%/yr vs 0.56%/yr for TBCIX.
Performance
MSFAX vs. TBCIX - Performance Comparison
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Returns By Period
In the year-to-date period, MSFAX achieves a -9.27% return, which is significantly lower than TBCIX's 5.54% return. Over the past 10 years, MSFAX has underperformed TBCIX with an annualized return of 6.50%, while TBCIX has yielded a comparatively higher 17.93% annualized return.
MSFAX
- 1D
- -1.14%
- 1M
- -1.97%
- YTD
- -9.27%
- 6M
- -19.53%
- 1Y
- -25.03%
- 3Y*
- -2.08%
- 5Y*
- -0.70%
- 10Y*
- 6.50%
TBCIX
- 1D
- -0.69%
- 1M
- 5.17%
- YTD
- 5.54%
- 6M
- 5.71%
- 1Y
- 22.23%
- 3Y*
- 29.00%
- 5Y*
- 14.09%
- 10Y*
- 17.93%
MSFAX vs. TBCIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSFAX Morgan Stanley Institutional Fund, Inc. Global Franchise Portfolio | -9.27% | -11.65% | 8.94% | 16.41% | -17.26% | 21.89% | 13.24% | 34.63% | -1.66% | 24.68% |
TBCIX T. Rowe Price Blue Chip Growth Fund I Class | 5.54% | 18.94% | 48.73% | 49.61% | -38.48% | 18.30% | 34.90% | 30.30% | 2.13% | 36.68% |
Correlation
The correlation between MSFAX and TBCIX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016 | 0.71 |
Over the past year, the correlation between MSFAX and TBCIX has dropped to 0.47 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.
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Return for Risk
MSFAX vs. TBCIX — Risk / Return Rank
MSFAX
TBCIX
MSFAX vs. TBCIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund, Inc. Global Franchise Portfolio (MSFAX) and T. Rowe Price Blue Chip Growth Fund I Class (TBCIX). 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.
| MSFAX | TBCIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.99 | ||
| Sortino ratioReturn per unit of downside risk | -3.89 | ||
| Omega ratioGain probability vs. loss probability | 0.69 | 1.26 | -0.56 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | 1.36 | -2.21 |
| Martin ratioReturn relative to average drawdown | -1.57 | 4.57 | -6.15 |
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
| MSFAX | TBCIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.51 | 1.47 | -2.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | 0.59 | -0.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.79 | -0.40 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.76 | -0.15 |
Drawdowns
MSFAX vs. TBCIX - Drawdown Comparison
The maximum MSFAX drawdown since its inception was -43.81%, roughly equal to the maximum TBCIX drawdown of -43.26%. Use the drawdown chart below to compare losses from any high point for MSFAX and TBCIX.
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Drawdown Indicators
| MSFAX | TBCIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.81% | -43.26% | -0.55% |
Max Drawdown (1Y)Largest decline over 1 year | -30.00% | -16.96% | -13.04% |
Max Drawdown (3Y)Largest decline over 3 years | -33.89% | -23.06% | -10.83% |
Max Drawdown (5Y)Largest decline over 5 years | -33.89% | -43.26% | +9.37% |
Max Drawdown (10Y)Largest decline over 10 years | -33.89% | -43.26% | +9.37% |
Current DrawdownCurrent decline from peak | -29.87% | -0.69% | -29.18% |
Average DrawdownAverage peak-to-trough decline | -5.86% | -8.07% | +2.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.13% | 5.01% | +11.12% |
Volatility
MSFAX vs. TBCIX - Volatility Comparison
The current volatility for Morgan Stanley Institutional Fund, Inc. Global Franchise Portfolio (MSFAX) is 2.87%, while T. Rowe Price Blue Chip Growth Fund I Class (TBCIX) has a volatility of 3.57%. This indicates that MSFAX experiences smaller price fluctuations and is considered to be less risky than TBCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSFAX | TBCIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.87% | 3.57% | -0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 16.01% | 12.01% | +4.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.85% | 15.64% | +1.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.94% | 23.91% | -6.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.92% | 22.76% | -5.84% |
MSFAX vs. TBCIX - Expense Ratio Comparison
MSFAX has a 0.92% expense ratio, which is higher than TBCIX's 0.56% expense ratio.
Dividends
MSFAX vs. TBCIX - Dividend Comparison
MSFAX has not paid dividends to shareholders, while TBCIX's dividend yield for the trailing twelve months is around 4.93%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSFAX Morgan Stanley Institutional Fund, Inc. Global Franchise Portfolio | 0.00% | 0.00% | 11.85% | 1.96% | 1.69% | 2.75% | 3.48% | 8.23% | 5.76% | 3.72% | 3.11% | 4.75% |
TBCIX T. Rowe Price Blue Chip Growth Fund I Class | 4.93% | 5.20% | 18.28% | 3.47% | 5.84% | 10.03% | 1.18% | 0.59% | 2.50% | 3.05% | 0.81% | 0.00% |
Frequently Asked Questions
MSFAX and TBCIX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TBCIX has higher volatility (3.57%) compared to MSFAX (2.87%). In terms of maximum drawdown, MSFAX dropped -43.81% vs TBCIX's -43.26%.
TBCIX currently has the higher Sharpe Ratio (1.47 vs -1.51), 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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