MSTSX vs. MSTRX

Last updated Apr 1, 2026

Compare and contrast key facts about Morningstar Global Opportunistic Equity Fund (MSTSX) and Morningstar Total Return Bond Fund (MSTRX).

MSTSX is managed by Morningstar. It was launched on Nov 1, 2018. MSTRX is managed by Morningstar. It was launched on Nov 2, 2018.

Performance

MSTSX vs. MSTRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Morningstar Global Opportunistic Equity Fund (MSTSX) and Morningstar Total Return Bond Fund (MSTRX). The values are adjusted to include any dividend payments, if applicable.

MSTSX vs. MSTRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
MSTSX Morningstar Global Opportunistic Equity Fund	-3.92%	7.72%	10.17%	17.15%	-9.19%	11.21%	9.40%	17.33%	-4.32%
MSTRX Morningstar Total Return Bond Fund	-0.89%	4.87%	1.75%	5.54%	-15.53%	-1.56%	9.57%	9.34%	2.40%

Returns By Period

In the year-to-date period, MSTSX achieves a -3.92% return, which is significantly lower than MSTRX's -0.89% return.

MSTSX

• 1D: -0.94%
• 1M: -8.02%
• YTD: -3.92%
• 6M: -11.57%
• 1Y: 1.18%
• 3Y*: 8.07%
• 5Y*: 5.37%
• 10Y*: —

MSTRX

• 1D: 0.45%
• 1M: -2.31%
• YTD: -0.89%
• 6M: -0.58%
• 1Y: 1.87%
• 3Y*: 2.57%
• 5Y*: -0.70%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MSTSX vs. MSTRX - Expense Ratio Comparison

MSTSX has a 0.78% expense ratio, which is higher than MSTRX's 0.55% expense ratio.

MSTSX

Morningstar Global Opportunistic Equity Fund

MSTRX

Morningstar Total Return Bond Fund

Return for Risk

MSTSX vs. MSTRX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MSTSX

MSTSX Risk / Return Rank: 6
MSTSX Sharpe Ratio Rank: 5
MSTSX Sortino Ratio Rank: 5
MSTSX Omega Ratio Rank: 6
MSTSX Calmar Ratio Rank: 7
MSTSX Martin Ratio Rank: 7

MSTRX

MSTRX Risk / Return Rank: 37
MSTRX Sharpe Ratio Rank: 31
MSTRX Sortino Ratio Rank: 28
MSTRX Omega Ratio Rank: 22
MSTRX Calmar Ratio Rank: 64
MSTRX Martin Ratio Rank: 41

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MSTSX vs. MSTRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morningstar Global Opportunistic Equity Fund (MSTSX) and Morningstar Total Return Bond Fund (MSTRX). 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.

	MSTSX	MSTRX	Difference
Sharpe ratio Return per unit of total volatility	0.02	0.71	-0.70
Sortino ratio Return per unit of downside risk	0.15	1.04	-0.89
Omega ratio Gain probability vs. loss probability	1.02	1.13	-0.10
Calmar ratio Return relative to maximum drawdown	0.07	1.46	-1.39
Martin ratio Return relative to average drawdown	0.19	4.21	-4.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MSTSX vs. MSTRX - Sharpe Ratio Comparison

The current MSTSX Sharpe Ratio is 0.02, which is lower than the MSTRX Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of MSTSX and MSTRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MSTSX	MSTRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.02	0.71	-0.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	-0.12	+0.49
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.32	+0.14

Correlation

The correlation between MSTSX and MSTRX is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MSTSX vs. MSTRX - Dividend Comparison

MSTSX's dividend yield for the trailing twelve months is around 2.54%, more than MSTRX's 1.98% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MSTSX Morningstar Global Opportunistic Equity Fund	2.54%	2.44%	9.41%	2.68%	2.99%	22.24%	2.94%	3.93%	1.13%
MSTRX Morningstar Total Return Bond Fund	1.98%	2.60%	4.02%	3.42%	2.50%	2.13%	4.93%	5.23%	0.29%

Drawdowns

MSTSX vs. MSTRX - Drawdown Comparison

The maximum MSTSX drawdown since its inception was -27.44%, which is greater than MSTRX's maximum drawdown of -20.97%. Use the drawdown chart below to compare losses from any high point for MSTSX and MSTRX.

Drawdown Indicators

	MSTSX	MSTRX	Difference
Max Drawdown Largest peak-to-trough decline	-27.44%	-20.97%	-6.47%
Max Drawdown (1Y) Largest decline over 1 year	-14.10%	-3.01%	-11.09%
Max Drawdown (5Y) Largest decline over 5 years	-21.16%	-20.77%	-0.39%
Current Drawdown Current decline from peak	-14.10%	-7.20%	-6.90%
Average Drawdown Average peak-to-trough decline	-4.03%	-7.12%	+3.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.10%	1.05%	+4.05%

Volatility

MSTSX vs. MSTRX - Volatility Comparison

Morningstar Global Opportunistic Equity Fund (MSTSX) has a higher volatility of 3.40% compared to Morningstar Total Return Bond Fund (MSTRX) at 1.24%. This indicates that MSTSX's price experiences larger fluctuations and is considered to be riskier than MSTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSTSX	MSTRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.40%	1.24%	+2.16%
Volatility (6M) Calculated over the trailing 6-month period	11.47%	2.81%	+8.66%
Volatility (1Y) Calculated over the trailing 1-year period	18.85%	4.91%	+13.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.99%	6.22%	+8.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.64%	5.68%	+9.96%