RUN vs. MS
RUN (Sunrun Inc.) and MS (Morgan Stanley) are both stocks. RUN operates in Solar (Technology), while MS operates in Capital Markets (Financial Services). Over the past 10 years, RUN returned 9.31%/yr vs 28.51%/yr for MS. At a 0.30 correlation, their price movements are largely independent.
Performance
RUN vs. MS - Performance Comparison
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Returns By Period
In the year-to-date period, RUN achieves a -25.98% return, which is significantly lower than MS's 29.31% return. Over the past 10 years, RUN has underperformed MS with an annualized return of 9.31%, while MS has yielded a comparatively higher 28.51% annualized return.
RUN
- 1D
- 0.74%
- 1M
- -6.84%
- YTD
- -25.98%
- 6M
- -32.71%
- 1Y
- 118.62%
- 3Y*
- -7.50%
- 5Y*
- -24.59%
- 10Y*
- 9.31%
MS
- 1D
- 1.76%
- 1M
- 12.96%
- YTD
- 29.31%
- 6M
- 27.71%
- 1Y
- 75.25%
- 3Y*
- 44.06%
- 5Y*
- 25.45%
- 10Y*
- 28.51%
RUN vs. MS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RUN Sunrun Inc. | -25.98% | 98.92% | -52.88% | -18.28% | -29.97% | -50.56% | 402.39% | 26.81% | 84.58% | 11.11% |
MS Morgan Stanley | 29.31% | 45.16% | 39.73% | 13.93% | -10.34% | 46.65% | 38.09% | 32.67% | -22.76% | 26.61% |
Correlation
The correlation between RUN and MS is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Aug 5, 2015 | 0.30 |
Fundamentals
RUN:
$3.71B
MS:
$361.75B
RUN:
$2.12
MS:
$11.41
RUN:
6.43
MS:
19.89
RUN:
0.03
MS:
1.87
RUN:
1.15
MS:
3.01
RUN:
1.11
MS:
3.46
RUN:
$3.17B
MS:
$120.22B
RUN:
$746.75M
MS:
$69.72B
RUN:
$544.21M
MS:
$27.21B
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Return for Risk
RUN vs. MS — Risk / Return Rank
RUN
MS
RUN vs. MS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sunrun Inc. (RUN) and Morgan Stanley (MS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RUN | MS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.68 | ||
| Sortino ratioReturn per unit of downside risk | -1.44 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.47 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.53 | 4.02 | -1.48 |
| Martin ratioReturn relative to average drawdown | 5.16 | 13.25 | -8.09 |
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Drawdowns
RUN vs. MS - Drawdown Comparison
The maximum RUN drawdown since its inception was -94.13%, which is greater than MS's maximum drawdown of -88.12%. Use the drawdown chart below to compare losses from any high point for RUN and MS.
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Drawdown Indicators
| RUN | MS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.13% | -88.12% | -6.01% |
Max Drawdown (1Y)Largest decline over 1 year | -47.08% | -18.83% | -28.25% |
Max Drawdown (3Y)Largest decline over 3 years | -74.79% | -29.24% | -45.55% |
Max Drawdown (5Y)Largest decline over 5 years | -90.34% | -32.38% | -57.96% |
Max Drawdown (10Y)Largest decline over 10 years | -94.13% | -51.33% | -42.80% |
Current DrawdownCurrent decline from peak | -85.89% | 0.00% | -85.89% |
Average DrawdownAverage peak-to-trough decline | -54.66% | -33.67% | -20.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.07% | 5.70% | +17.37% |
Volatility
RUN vs. MS - Volatility Comparison
Sunrun Inc. (RUN) has a higher volatility of 21.90% compared to Morgan Stanley (MS) at 7.72%. This indicates that RUN's price experiences larger fluctuations and is considered to be riskier than MS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RUN | MS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.90% | 7.72% | +14.18% |
Volatility (6M)Calculated over the trailing 6-month period | 66.87% | 21.61% | +45.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 95.69% | 25.89% | +69.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.61% | 28.67% | +61.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 78.39% | 31.50% | +46.89% |
Dividends
RUN vs. MS - Dividend Comparison
RUN has not paid dividends to shareholders, while MS's dividend yield for the trailing twelve months is around 1.76%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MS Morgan Stanley | 1.76% | 2.17% | 2.82% | 3.49% | 3.47% | 2.14% | 2.04% | 2.54% | 2.77% | 1.72% | 1.66% | 1.73% |
RUN Sunrun Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
RUN vs. MS - Financials Comparison
This section allows you to compare key financial metrics between Sunrun Inc. and Morgan Stanley. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
RUN vs. MS - Profitability Comparison
RUN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sunrun Inc. reported a gross profit of 0.00 and revenue of 722.23M. Therefore, the gross margin over that period was 0.0%.
MS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Morgan Stanley reported a gross profit of 20.48B and revenue of 33.15B. Therefore, the gross margin over that period was 61.8%.
RUN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sunrun Inc. reported an operating income of -43.51M and revenue of 722.23M, resulting in an operating margin of -6.0%.
MS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Morgan Stanley reported an operating income of 7.01B and revenue of 33.15B, resulting in an operating margin of 21.2%.
RUN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sunrun Inc. reported a net income of 167.64M and revenue of 722.23M, resulting in a net margin of 23.2%.
MS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Morgan Stanley reported a net income of 5.64B and revenue of 33.15B, resulting in a net margin of 17.0%.
Frequently Asked Questions
RUN and MS have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RUN has higher volatility (21.90%) compared to MS (7.72%). In terms of maximum drawdown, RUN dropped -94.13% vs MS's -88.12%.
MS currently has the higher Sharpe Ratio (2.93 vs 1.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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