MSTGX vs. IGM
Compare and contrast key facts about Morningstar Global Income Fund (MSTGX) and iShares Expanded Tech Sector ETF (IGM).
MSTGX is managed by Morningstar. It was launched on Nov 1, 2018. IGM is a passively managed fund by iShares that tracks the performance of the S&P North American Technology Sector Index. It was launched on Mar 13, 2001.
Performance
MSTGX vs. IGM - Performance Comparison
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MSTGX vs. IGM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MSTGX Morningstar Global Income Fund | 2.70% | 12.04% | 5.36% | 11.91% | -11.18% | 8.46% | 3.92% | 19.97% | -3.56% |
IGM iShares Expanded Tech Sector ETF | -8.21% | 26.76% | 36.99% | 60.68% | -35.83% | 25.72% | 45.11% | 41.81% | -8.15% |
Returns By Period
In the year-to-date period, MSTGX achieves a 2.70% return, which is significantly higher than IGM's -8.21% return.
MSTGX
- 1D
- 0.10%
- 1M
- -4.29%
- YTD
- 2.70%
- 6M
- 3.75%
- 1Y
- 9.63%
- 3Y*
- 9.47%
- 5Y*
- 4.91%
- 10Y*
- —
IGM
- 1D
- 4.59%
- 1M
- -4.57%
- YTD
- -8.21%
- 6M
- -5.83%
- 1Y
- 30.94%
- 3Y*
- 28.28%
- 5Y*
- 14.37%
- 10Y*
- 20.88%
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MSTGX vs. IGM - Expense Ratio Comparison
MSTGX has a 0.62% expense ratio, which is higher than IGM's 0.46% expense ratio.
Return for Risk
MSTGX vs. IGM — Risk / Return Rank
MSTGX
IGM
MSTGX vs. IGM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morningstar Global Income Fund (MSTGX) and iShares Expanded Tech Sector ETF (IGM). 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.
| MSTGX | IGM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.35 | 1.16 | +0.19 |
Sortino ratioReturn per unit of downside risk | 1.99 | 1.77 | +0.23 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.25 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.92 | 1.87 | +0.05 |
Martin ratioReturn relative to average drawdown | 8.90 | 6.36 | +2.54 |
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
| MSTGX | IGM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 1.16 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.57 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.86 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.43 | +0.17 |
Correlation
The correlation between MSTGX and IGM is 0.57, 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
MSTGX vs. IGM - Dividend Comparison
MSTGX's dividend yield for the trailing twelve months is around 2.54%, more than IGM's 0.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSTGX Morningstar Global Income Fund | 2.54% | 2.97% | 6.64% | 6.32% | 8.79% | 10.48% | 2.96% | 4.11% | 0.56% | 0.00% | 0.00% | 0.00% |
IGM iShares Expanded Tech Sector ETF | 0.18% | 0.17% | 0.22% | 0.33% | 0.66% | 0.16% | 0.32% | 0.50% | 0.57% | 0.57% | 0.90% | 0.79% |
Drawdowns
MSTGX vs. IGM - Drawdown Comparison
The maximum MSTGX drawdown since its inception was -27.52%, smaller than the maximum IGM drawdown of -65.59%. Use the drawdown chart below to compare losses from any high point for MSTGX and IGM.
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Drawdown Indicators
| MSTGX | IGM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.52% | -65.59% | +38.07% |
Max Drawdown (1Y)Largest decline over 1 year | -6.13% | -16.44% | +10.31% |
Max Drawdown (5Y)Largest decline over 5 years | -19.64% | -40.68% | +21.04% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.68% | — |
Current DrawdownCurrent decline from peak | -4.29% | -12.61% | +8.32% |
Average DrawdownAverage peak-to-trough decline | -4.38% | -15.32% | +10.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 4.83% | -3.41% |
Volatility
MSTGX vs. IGM - Volatility Comparison
The current volatility for Morningstar Global Income Fund (MSTGX) is 2.09%, while iShares Expanded Tech Sector ETF (IGM) has a volatility of 8.30%. This indicates that MSTGX experiences smaller price fluctuations and is considered to be less risky than IGM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSTGX | IGM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.09% | 8.30% | -6.21% |
Volatility (6M)Calculated over the trailing 6-month period | 4.36% | 16.28% | -11.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.68% | 26.68% | -18.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.14% | 25.56% | -17.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.90% | 24.41% | -13.51% |