TEMUX vs. MSEQX
TEMUX (Morgan Stanley Pathway Funds Emerging Markets Equity Fund) and MSEQX (Morgan Stanley Growth Portfolio Class I) are both mutual funds - TEMUX is a Emerging Markets Equities fund managed by Morgan Stanley, while MSEQX is a Large Cap Growth Equities fund managed by Morgan Stanley. Over the past 10 years, TEMUX returned 7.84%/yr vs 15.66%/yr for MSEQX. Their 0.53 correlation means they have sometimes moved together and sometimes differently. TEMUX charges 0.81%/yr vs 0.56%/yr for MSEQX.
Performance
TEMUX vs. MSEQX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TEMUX achieves a 19.24% return, which is significantly higher than MSEQX's -10.25% return. Over the past 10 years, TEMUX has underperformed MSEQX with an annualized return of 7.84%, while MSEQX has yielded a comparatively higher 15.66% annualized return.
TEMUX
- 1D
- 2.50%
- 1M
- -1.04%
- 6M
- 10.47%
- YTD
- 19.24%
- 1Y
- 37.83%
- 3Y*
- 18.63%
- 5Y*
- 6.84%
- 10Y*
- 7.84%
- ALL TIME*
- 5.49%
MSEQX
- 1D
- -2.14%
- 1M
- -7.99%
- 6M
- -2.15%
- YTD
- -10.25%
- 1Y
- -4.55%
- 3Y*
- 20.24%
- 5Y*
- -2.75%
- 10Y*
- 15.66%
- ALL TIME*
- 11.46%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TEMUX vs. MSEQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TEMUX Morgan Stanley Pathway Funds Emerging Markets Equity Fund | 19.24% | 34.68% | 5.47% | 9.87% | -21.75% | -3.50% | 11.18% | 22.44% | -18.73% | 39.16% |
MSEQX Morgan Stanley Growth Portfolio Class I | -10.25% | 24.78% | 46.65% | 50.25% | -60.18% | 0.00% | 115.60% | 38.25% | 5.38% | 43.91% |
Correlation
The correlation between TEMUX and MSEQX is 0.46, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.46 |
Correlation (3Y) Balances recent behavior with more history. | 0.47 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.54 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 1995 | 0.53 |
The correlation between TEMUX and MSEQX has been stable across timeframes, ranging from 0.46 to 0.54 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TEMUX vs. MSEQX — Risk / Return Rank
TEMUX
MSEQX
TEMUX vs. MSEQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Pathway Funds Emerging Markets Equity Fund (TEMUX) and Morgan Stanley Growth Portfolio Class I (MSEQX). 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.
| TEMUX | MSEQX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.24 | ||
| Sortino ratioReturn per unit of downside risk | +2.72 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 0.98 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 3.22 | -0.29 | +3.50 |
| Martin ratioReturn relative to average drawdown | 9.72 | -0.55 | +10.27 |
Loading charts...
Drawdowns
TEMUX vs. MSEQX - Drawdown Comparison
The maximum TEMUX drawdown since its inception was -68.20%, roughly equal to the maximum MSEQX drawdown of -69.48%. Use the drawdown chart below to compare losses from any high point for TEMUX and MSEQX.
Loading charts...
Drawdown Indicators
| TEMUX | MSEQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.20% | -69.48% | +1.28% |
Max Drawdown (1Y)Largest decline over 1 year | -13.10% | -27.73% | +14.63% |
Max Drawdown (3Y)Largest decline over 3 years | -16.86% | -32.52% | +15.66% |
Max Drawdown (5Y)Largest decline over 5 years | -36.42% | -69.48% | +33.06% |
Max Drawdown (10Y)Largest decline over 10 years | -40.17% | -69.48% | +29.31% |
Current DrawdownCurrent decline from peak | -7.53% | -21.60% | +14.07% |
Average DrawdownAverage peak-to-trough decline | -21.75% | -16.90% | -4.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.16% | 14.43% | -10.27% |
Volatility
TEMUX vs. MSEQX - Volatility Comparison
Morgan Stanley Pathway Funds Emerging Markets Equity Fund (TEMUX) has a higher volatility of 9.32% compared to Morgan Stanley Growth Portfolio Class I (MSEQX) at 7.38%. This indicates that TEMUX's price experiences larger fluctuations and is considered to be riskier than MSEQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TEMUX | MSEQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.32% | 7.38% | +1.94% |
Volatility (6M)Calculated over the trailing 6-month period | 18.96% | 22.96% | -4.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.41% | 29.74% | -8.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.12% | 39.91% | -21.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.07% | 33.93% | -15.86% |
TEMUX vs. MSEQX - Expense Ratio Comparison
TEMUX has a 0.81% expense ratio, which is higher than MSEQX's 0.56% expense ratio.
Dividends
TEMUX vs. MSEQX - Dividend Comparison
TEMUX's dividend yield for the trailing twelve months is around 2.03%, while MSEQX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSEQX Morgan Stanley Growth Portfolio Class I | 0.00% | 0.00% | 0.55% | 0.00% | 16.79% | 24.24% | 9.36% | 21.39% | 5.38% | 21.18% | 12.71% | 7.55% |
TEMUX Morgan Stanley Pathway Funds Emerging Markets Equity Fund | 2.03% | 2.43% | 2.09% | 2.41% | 1.92% | 4.47% | 1.96% | 1.81% | 1.67% | 1.26% | 1.10% | 1.44% |
Frequently Asked Questions
TEMUX and MSEQX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TEMUX has higher volatility (9.32%) compared to MSEQX (7.38%). In terms of maximum drawdown, TEMUX dropped -68.20% vs MSEQX's -69.48%.
TEMUX currently has the higher Sharpe Ratio (1.97 vs -0.27), 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.
Find the right allocation for TEMUX and MSEQX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer