MSTGX vs. VOO
Compare and contrast key facts about Morningstar Global Income Fund (MSTGX) and Vanguard S&P 500 ETF (VOO).
MSTGX is managed by Morningstar. It was launched on Nov 1, 2018. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSTGX or VOO.
Key characteristics
| MSTGX | VOO | |
|---|---|---|
| YTD Return | 7.53% | 18.91% |
| 1Y Return | 13.82% | 28.20% |
| 3Y Return (Ann) | 2.50% | 9.93% |
| 5Y Return (Ann) | 4.83% | 15.31% |
| Sharpe Ratio | 2.10 | 2.21 |
| Daily Std Dev | 6.53% | 12.64% |
| Max Drawdown | -27.96% | -33.99% |
| Current Drawdown | -0.52% | -0.60% |
Correlation
The correlation between MSTGX and VOO 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
MSTGX vs. VOO - Performance Comparison
In the year-to-date period, MSTGX achieves a 7.53% return, which is significantly lower than VOO's 18.91% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MSTGX vs. VOO - Expense Ratio Comparison
MSTGX has a 0.62% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
MSTGX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Morningstar Global Income Fund (MSTGX) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
MSTGX vs. VOO - Dividend Comparison
MSTGX's dividend yield for the trailing twelve months is around 5.92%, more than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSTGX Morningstar Global Income Fund | 5.92% | 6.32% | 8.79% | 10.48% | 2.96% | 4.11% | 0.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
MSTGX vs. VOO - Drawdown Comparison
The maximum MSTGX drawdown since its inception was -27.96%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MSTGX and VOO. For additional features, visit the drawdowns tool.
Volatility
MSTGX vs. VOO - Volatility Comparison
The current volatility for Morningstar Global Income Fund (MSTGX) is 1.56%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.83%. This indicates that MSTGX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.