SYMIX vs. TALTX

Last updated Aug 1, 2026

SYMIX (AlphaCentric Symmetry Strategy Fund Class I) and TALTX (Morgan Stanley Pathway Funds Alternative Strategies Fund) are both Multistrategy funds. Their 0.41 correlation means their historical movements had little consistent relationship. SYMIX charges 1.69%/yr vs 0.59%/yr for TALTX.

Performance

SYMIX vs. TALTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AlphaCentric Symmetry Strategy Fund Class I (SYMIX) and Morgan Stanley Pathway Funds Alternative Strategies Fund (TALTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SYMIX

• 1D: 0.00%
• 1M: 4.49%
• 6M: 7.72%
• YTD: 11.07%
• 1Y: 24.29%
• 3Y*: 9.48%
• 5Y*: 7.61%
• 10Y*: —
• ALL TIME*: 6.99%

TALTX

• 1D: 0.27%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SYMIX AlphaCentric Symmetry Strategy Fund Class I	$0.00	$0.00	$0.00
TALTX Morgan Stanley Pathway Funds Alternative Strategies Fund	$0.00	$0.00	$0.00

SYMIX vs. TALTX - Yearly Performance Comparison

	2026 (YTD)
SYMIX AlphaCentric Symmetry Strategy Fund Class I	0.92%
TALTX Morgan Stanley Pathway Funds Alternative Strategies Fund	-0.18%

Correlation

The correlation between SYMIX and TALTX is 0.41, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.41

Return for Risk

SYMIX vs. TALTX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SYMIX

SYMIX Risk / Return Rank: 82
SYMIX Sharpe Ratio Rank: 82
SYMIX Sortino Ratio Rank: 77
SYMIX Omega Ratio Rank: 77
SYMIX Calmar Ratio Rank: 91
SYMIX Martin Ratio Rank: 83

TALTX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SYMIX vs. TALTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AlphaCentric Symmetry Strategy Fund Class I (SYMIX) and Morgan Stanley Pathway Funds Alternative Strategies Fund (TALTX). 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.

	SYMIX	TALTX	Difference
Sharpe ratio: Return per unit of total volatility	1.96	—	—
Sortino ratio: Return per unit of downside risk	2.64	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	3.48	—	—
Martin ratio: Return relative to average drawdown	10.19	—	—

Drawdowns

SYMIX vs. TALTX - Drawdown Comparison

The maximum SYMIX drawdown since its inception was -17.44%, which is greater than TALTX's maximum drawdown of -0.99%. Use the drawdown chart below to compare losses from any high point for SYMIX and TALTX.

Drawdown Indicators

	SYMIX	TALTX	Difference
Max Drawdown Largest peak-to-trough decline	-17.44%	-0.99%	-16.45%
Max Drawdown (1Y) Largest decline over 1 year	-6.50%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.03%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-12.20%	—	—
Current Drawdown Current decline from peak	-1.22%	-0.45%	-0.77%
Average Drawdown Average peak-to-trough decline	-4.16%	-0.44%	-3.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	—	—

Volatility

Volatility by Period

	SYMIX	TALTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.17%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.55%	3.19%	+8.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.80%	3.19%	+7.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.99%	3.19%	+7.80%

SYMIX vs. TALTX - Expense Ratio Comparison

SYMIX has a 1.69% expense ratio, which is higher than TALTX's 0.59% expense ratio.

Dividends

SYMIX vs. TALTX - Dividend Comparison

Neither SYMIX nor TALTX has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
SYMIX AlphaCentric Symmetry Strategy Fund Class I	0.00%	0.00%	0.00%	2.06%	9.82%	0.25%	1.71%	2.42%
TALTX Morgan Stanley Pathway Funds Alternative Strategies Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SYMIX and TALTX in my portfolio?

SYMIX and TALTX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.