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MUIIX vs. OOSP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MUIIX and OOSP is -0.10. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

MUIIX vs. OOSP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio (MUIIX) and Obra Opportunistic Structured Products ETF (OOSP). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

MUIIX:

3.83

OOSP:

2.76

Sortino Ratio

MUIIX:

24.09

OOSP:

4.04

Omega Ratio

MUIIX:

10.84

OOSP:

1.84

Calmar Ratio

MUIIX:

60.33

OOSP:

6.82

Martin Ratio

MUIIX:

123.10

OOSP:

33.08

Ulcer Index

MUIIX:

0.05%

OOSP:

0.25%

Daily Std Dev

MUIIX:

1.58%

OOSP:

2.95%

Max Drawdown

MUIIX:

-0.70%

OOSP:

-1.20%

Current Drawdown

MUIIX:

-0.10%

OOSP:

-1.10%

Returns By Period

In the year-to-date period, MUIIX achieves a 1.40% return, which is significantly lower than OOSP's 2.36% return.


MUIIX

YTD

1.40%

1M

0.37%

6M

2.21%

1Y

6.07%

5Y*

3.29%

10Y*

N/A

OOSP

YTD

2.36%

1M

0.93%

6M

3.23%

1Y

8.07%

5Y*

N/A

10Y*

N/A

*Annualized

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MUIIX vs. OOSP - Expense Ratio Comparison

MUIIX has a 0.35% expense ratio, which is lower than OOSP's 0.90% expense ratio.


Risk-Adjusted Performance

MUIIX vs. OOSP — Risk-Adjusted Performance Rank

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

MUIIX
The Risk-Adjusted Performance Rank of MUIIX is 100100
Overall Rank
The Sharpe Ratio Rank of MUIIX is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of MUIIX is 100100
Sortino Ratio Rank
The Omega Ratio Rank of MUIIX is 100100
Omega Ratio Rank
The Calmar Ratio Rank of MUIIX is 100100
Calmar Ratio Rank
The Martin Ratio Rank of MUIIX is 100100
Martin Ratio Rank

OOSP
The Risk-Adjusted Performance Rank of OOSP is 9898
Overall Rank
The Sharpe Ratio Rank of OOSP is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of OOSP is 9797
Sortino Ratio Rank
The Omega Ratio Rank of OOSP is 9898
Omega Ratio Rank
The Calmar Ratio Rank of OOSP is 9898
Calmar Ratio Rank
The Martin Ratio Rank of OOSP is 9898
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MUIIX vs. OOSP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio (MUIIX) and Obra Opportunistic Structured Products ETF (OOSP). 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.


The current MUIIX Sharpe Ratio is 3.83, which is higher than the OOSP Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of MUIIX and OOSP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

MUIIX vs. OOSP - Dividend Comparison

MUIIX's dividend yield for the trailing twelve months is around 5.88%, less than OOSP's 7.77% yield.


TTM202420232022202120202019201820172016
MUIIX
Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio
5.88%6.22%6.02%2.13%0.13%0.85%1.11%0.00%0.01%0.00%
OOSP
Obra Opportunistic Structured Products ETF
7.77%5.42%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

MUIIX vs. OOSP - Drawdown Comparison

The maximum MUIIX drawdown since its inception was -0.70%, smaller than the maximum OOSP drawdown of -1.20%. Use the drawdown chart below to compare losses from any high point for MUIIX and OOSP. For additional features, visit the drawdowns tool.


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Volatility

MUIIX vs. OOSP - Volatility Comparison

The current volatility for Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio (MUIIX) is 0.42%, while Obra Opportunistic Structured Products ETF (OOSP) has a volatility of 1.96%. This indicates that MUIIX experiences smaller price fluctuations and is considered to be less risky than OOSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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