MSYIX vs. DINDX
MSYIX (Morgan Stanley Institutional Fund Trust High Yield Portfolio) and DINDX (Morgan Stanley Global Fixed Income Opportunities Fund) are both mutual funds - MSYIX is a High Yield Bonds fund managed by Morgan Stanley, while DINDX is a Multisector Bonds fund actively managed by Morgan Stanley. At a 0.46 correlation, their price movements are largely independent. MSYIX charges 0.65%/yr vs 0.56%/yr for DINDX.
Performance
MSYIX vs. DINDX - Performance Comparison
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Returns By Period
MSYIX
- 1D
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- 1M
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- YTD
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- 6M
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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DINDX
- 1D
- —
- 1M
- —
- YTD
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- 6M
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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MSYIX vs. DINDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSYIX Morgan Stanley Institutional Fund Trust High Yield Portfolio | 0.47% | 7.94% | 8.78% | 13.52% | -11.56% | 5.57% | 3.26% | 13.77% | -2.75% | 6.95% |
DINDX Morgan Stanley Global Fixed Income Opportunities Fund | 0.00% | 8.28% | 6.76% | 8.49% | -7.06% | 0.01% | 5.10% | 9.59% | -1.28% | 7.54% |
Correlation
The correlation between MSYIX and DINDX is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Feb 8, 2012 | 0.46 |
Over the past year, the correlation between MSYIX and DINDX has dropped to 0.23 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.
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Return for Risk
MSYIX vs. DINDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund Trust High Yield Portfolio (MSYIX) and Morgan Stanley Global Fixed Income Opportunities Fund (DINDX). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
MSYIX vs. DINDX - Drawdown Comparison
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Volatility
MSYIX vs. DINDX - Volatility Comparison
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MSYIX vs. DINDX - Expense Ratio Comparison
MSYIX has a 0.65% expense ratio, which is higher than DINDX's 0.56% expense ratio.
Dividends
MSYIX vs. DINDX - Dividend Comparison
MSYIX's dividend yield for the trailing twelve months is around 4.18%, while DINDX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DINDX Morgan Stanley Global Fixed Income Opportunities Fund | 2.69% | 4.69% | 5.36% | 4.69% | 5.82% | 3.52% | 2.98% | 3.43% | 3.68% | 3.13% | 6.24% | 4.80% |
MSYIX Morgan Stanley Institutional Fund Trust High Yield Portfolio | 4.18% | 7.03% | 7.25% | 6.71% | 6.29% | 5.57% | 5.90% | 6.20% | 6.27% | 5.75% | 6.22% | 6.77% |
Frequently Asked Questions
MSYIX and DINDX have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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