MSTFX vs. MSTQX
MSTFX (Morningstar International Equity Fund) and MSTQX (Morningstar U.S. Equity Fund) are both mutual funds - MSTFX is a Foreign Large Cap Equities fund managed by Morningstar, while MSTQX is a Large Cap Blend Equities fund managed by Morningstar. Over the past 5 years, MSTFX returned 5.44%/yr vs 6.04%/yr for MSTQX. Their correlation of 0.80 means they have usually moved in the same direction. MSTFX charges 1.00%/yr vs 0.85%/yr for MSTQX.
Performance
MSTFX vs. MSTQX - Performance Comparison
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Returns By Period
In the year-to-date period, MSTFX achieves a 13.40% return, which is significantly higher than MSTQX's 7.20% return.
MSTFX
- 1D
- 2.17%
- 1M
- 2.26%
- 6M
- 5.75%
- YTD
- 13.40%
- 1Y
- 13.97%
- 3Y*
- 10.08%
- 5Y*
- 5.44%
- 10Y*
- —
- ALL TIME*
- 7.71%
MSTQX
- 1D
- 0.79%
- 1M
- 0.63%
- 6M
- 4.49%
- YTD
- 7.20%
- 1Y
- -4.75%
- 3Y*
- 8.21%
- 5Y*
- 6.04%
- 10Y*
- —
- ALL TIME*
- 9.28%
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 |
MSTFX vs. MSTQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MSTFX Morningstar International Equity Fund | 13.40% | 16.75% | 1.29% | 15.57% | -15.36% | 7.25% | 8.99% | 22.90% | -5.75% |
MSTQX Morningstar U.S. Equity Fund | 7.20% | -5.56% | 18.94% | 25.24% | -16.29% | 26.15% | 10.49% | 26.02% | -10.45% |
Correlation
The correlation between MSTFX and MSTQX is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.79 |
Correlation (3Y) Balances recent behavior with more history. | 0.74 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.77 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 2018 | 0.80 |
The correlation between MSTFX and MSTQX has been stable across timeframes, ranging from 0.74 to 0.80 - a consistent structural relationship.
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Return for Risk
MSTFX vs. MSTQX — Risk / Return Rank
MSTFX
MSTQX
MSTFX vs. MSTQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morningstar International Equity Fund (MSTFX) and Morningstar U.S. Equity Fund (MSTQX). 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.
| MSTFX | MSTQX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.19 | ||
| Sortino ratioReturn per unit of downside risk | +1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.95 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.40 | -0.29 | +1.69 |
| Martin ratioReturn relative to average drawdown | 4.28 | -0.55 | +4.83 |
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Drawdowns
MSTFX vs. MSTQX - Drawdown Comparison
The maximum MSTFX drawdown since its inception was -35.86%, roughly equal to the maximum MSTQX drawdown of -36.23%. Use the drawdown chart below to compare losses from any high point for MSTFX and MSTQX.
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Drawdown Indicators
| MSTFX | MSTQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.86% | -36.23% | +0.37% |
Max Drawdown (1Y)Largest decline over 1 year | -11.37% | -21.58% | +10.21% |
Max Drawdown (3Y)Largest decline over 3 years | -13.93% | -21.58% | +7.65% |
Max Drawdown (5Y)Largest decline over 5 years | -30.48% | -23.61% | -6.87% |
Current DrawdownCurrent decline from peak | 0.00% | -10.62% | +10.62% |
Average DrawdownAverage peak-to-trough decline | -7.67% | -6.36% | -1.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.43% | 10.43% | -7.00% |
Volatility
MSTFX vs. MSTQX - Volatility Comparison
Morningstar International Equity Fund (MSTFX) has a higher volatility of 3.95% compared to Morningstar U.S. Equity Fund (MSTQX) at 2.92%. This indicates that MSTFX's price experiences larger fluctuations and is considered to be riskier than MSTQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSTFX | MSTQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 2.92% | +1.03% |
Volatility (6M)Calculated over the trailing 6-month period | 12.07% | 8.91% | +3.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.21% | 20.12% | -1.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.10% | 18.60% | -1.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.01% | 20.56% | -1.55% |
MSTFX vs. MSTQX - Expense Ratio Comparison
MSTFX has a 1.00% expense ratio, which is higher than MSTQX's 0.85% expense ratio.
Dividends
MSTFX vs. MSTQX - Dividend Comparison
MSTFX's dividend yield for the trailing twelve months is around 2.26%, more than MSTQX's 0.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
MSTFX Morningstar International Equity Fund | 2.26% | 2.56% | 4.80% | 2.38% | 3.60% | 15.59% | 2.76% | 2.65% | 0.27% |
MSTQX Morningstar U.S. Equity Fund | 0.64% | 0.69% | 10.80% | 4.21% | 9.79% | 15.98% | 2.15% | 2.04% | 0.17% |
Frequently Asked Questions
MSTFX and MSTQX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTFX has higher volatility (3.95%) compared to MSTQX (2.92%). In terms of maximum drawdown, MSTFX dropped -35.86% vs MSTQX's -36.23%.
MSTFX currently has the higher Sharpe Ratio (0.88 vs -0.31), 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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