MSSGX vs. MSIF
MSSGX (Morgan Stanley Institutional Fund, Inc. Inception Portfolio) is Small Cap Growth Equities fund managed by T. Rowe Price, while MSIF (MSC Income Fund, Inc.) is a stock. Over the past year, MSSGX returned 2.17% vs -25.51% for MSIF. At a 0.38 correlation, their price movements are largely independent.
Performance
MSSGX vs. MSIF - Performance Comparison
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Returns By Period
In the year-to-date period, MSSGX achieves a 3.00% return, which is significantly higher than MSIF's -12.02% return.
MSSGX
- 1D
- -0.36%
- 1M
- -1.37%
- YTD
- 3.00%
- 6M
- -2.02%
- 1Y
- 2.17%
- 3Y*
- 15.36%
- 5Y*
- -9.73%
- 10Y*
- 15.63%
MSIF
- 1D
- -1.49%
- 1M
- -4.92%
- YTD
- -12.02%
- 6M
- -12.63%
- 1Y
- -25.51%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSSGX vs. MSIF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MSSGX Morgan Stanley Institutional Fund, Inc. Inception Portfolio | 3.00% | -3.03% |
MSIF MSC Income Fund, Inc. | -12.02% | -6.00% |
Correlation
The correlation between MSSGX and MSIF is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 2025 | 0.38 |
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Return for Risk
MSSGX vs. MSIF — Risk / Return Rank
MSSGX
MSIF
MSSGX vs. MSIF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund, Inc. Inception Portfolio (MSSGX) and MSC Income Fund, Inc. (MSIF). 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.
| MSSGX | MSIF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.07 | ||
| Sortino ratioReturn per unit of downside risk | +1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 0.85 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.11 | -0.95 | +1.06 |
| Martin ratioReturn relative to average drawdown | 0.23 | -1.47 | +1.70 |
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Drawdowns
MSSGX vs. MSIF - Drawdown Comparison
The maximum MSSGX drawdown since its inception was -76.01%, which is greater than MSIF's maximum drawdown of -30.63%. Use the drawdown chart below to compare losses from any high point for MSSGX and MSIF.
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Drawdown Indicators
| MSSGX | MSIF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.01% | -30.63% | -45.38% |
Max Drawdown (1Y)Largest decline over 1 year | -32.84% | -26.92% | -5.92% |
Max Drawdown (3Y)Largest decline over 3 years | -32.84% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -73.07% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -76.01% | — | — |
Current DrawdownCurrent decline from peak | -47.64% | -30.56% | -17.08% |
Average DrawdownAverage peak-to-trough decline | -22.22% | -16.78% | -5.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.77% | 17.41% | -1.64% |
Volatility
MSSGX vs. MSIF - Volatility Comparison
Morgan Stanley Institutional Fund, Inc. Inception Portfolio (MSSGX) has a higher volatility of 10.12% compared to MSC Income Fund, Inc. (MSIF) at 7.51%. This indicates that MSSGX's price experiences larger fluctuations and is considered to be riskier than MSIF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSSGX | MSIF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.12% | 7.51% | +2.61% |
Volatility (6M)Calculated over the trailing 6-month period | 23.15% | 18.82% | +4.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.68% | 26.94% | +3.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.00% | 29.45% | +8.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.79% | 29.45% | +4.34% |
Dividends
MSSGX vs. MSIF - Dividend Comparison
MSSGX has not paid dividends to shareholders, while MSIF's dividend yield for the trailing twelve months is around 12.83%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSIF MSC Income Fund, Inc. | 12.83% | 10.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSSGX Morgan Stanley Institutional Fund, Inc. Inception Portfolio | 0.00% | 0.00% | 0.99% | 0.00% | 0.39% | 24.63% | 9.61% | 34.65% | 14.40% | 47.33% | 3.32% | 8.67% |
Frequently Asked Questions
MSSGX and MSIF have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSSGX has higher volatility (10.12%) compared to MSIF (7.51%). In terms of maximum drawdown, MSSGX dropped -76.01% vs MSIF's -30.63%.
MSSGX currently has the higher Sharpe Ratio (0.12 vs -0.95), 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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