TSDUX vs. CPOAX
TSDUX (Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund) and CPOAX (Morgan Stanley Insight A) are both mutual funds - TSDUX is a Ultrashort Bond fund managed by Morgan Stanley, while CPOAX is a Large Cap Growth Equities fund tracking the Russell 3000 Growth Index. Over the past 10 years, TSDUX returned 2.71%/yr vs 15.28%/yr for CPOAX. Their -0.01 correlation means they have often moved in opposite directions in the past. TSDUX charges 0.62%/yr vs 1.15%/yr for CPOAX.
Performance
TSDUX vs. CPOAX - Performance Comparison
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Returns By Period
In the year-to-date period, TSDUX achieves a 2.33% return, which is significantly higher than CPOAX's -5.56% return. Over the past 10 years, TSDUX has underperformed CPOAX with an annualized return of 2.71%, while CPOAX has yielded a comparatively higher 15.28% annualized return.
TSDUX
- 1D
- 0.10%
- 1M
- 0.41%
- 6M
- 1.86%
- YTD
- 2.33%
- 1Y
- 3.13%
- 3Y*
- 4.79%
- 5Y*
- 3.52%
- 10Y*
- 2.71%
- ALL TIME*
- 2.69%
CPOAX
- 1D
- 2.33%
- 1M
- -6.85%
- 6M
- 2.23%
- YTD
- -5.56%
- 1Y
- -1.57%
- 3Y*
- 19.60%
- 5Y*
- -3.57%
- 10Y*
- 15.28%
- ALL TIME*
- 10.54%
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 |
TSDUX vs. CPOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSDUX Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund | 2.33% | 3.24% | 6.04% | 5.94% | 0.41% | -0.11% | 2.06% | 2.65% | 1.64% | 1.73% |
CPOAX Morgan Stanley Insight A | -5.56% | 18.91% | 46.35% | 52.72% | -61.02% | -6.83% | 115.86% | 33.08% | 11.94% | 48.40% |
Correlation
The correlation between TSDUX and CPOAX is 0.11, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.11 |
Correlation (3Y) Balances recent behavior with more history. | 0.01 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.05 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.01 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2016 | -0.01 |
The correlation between TSDUX and CPOAX shifts across timeframes, from -0.05 (5 years) to 0.11 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
TSDUX vs. CPOAX — Risk / Return Rank
TSDUX
CPOAX
TSDUX vs. CPOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund (TSDUX) and Morgan Stanley Insight A (CPOAX). 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.
| TSDUX | CPOAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.71 | ||
| Sortino ratioReturn per unit of downside risk | +4.93 | ||
| Omega ratioGain probability vs. loss probability | 3.10 | 1.00 | +2.09 |
| Calmar ratioReturn relative to maximum drawdown | 8.38 | -0.14 | +8.51 |
| Martin ratioReturn relative to average drawdown | 27.74 | -0.26 | +28.01 |
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Drawdowns
TSDUX vs. CPOAX - Drawdown Comparison
The maximum TSDUX drawdown since its inception was -3.94%, smaller than the maximum CPOAX drawdown of -84.57%. Use the drawdown chart below to compare losses from any high point for TSDUX and CPOAX.
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Drawdown Indicators
| TSDUX | CPOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.94% | -84.57% | +80.63% |
Max Drawdown (1Y)Largest decline over 1 year | -0.41% | -28.37% | +27.96% |
Max Drawdown (3Y)Largest decline over 3 years | -0.73% | -31.38% | +30.65% |
Max Drawdown (5Y)Largest decline over 5 years | -1.72% | -70.73% | +69.01% |
Max Drawdown (10Y)Largest decline over 10 years | -3.94% | -71.33% | +67.39% |
Current DrawdownCurrent decline from peak | 0.00% | -25.13% | +25.13% |
Average DrawdownAverage peak-to-trough decline | -0.18% | -39.12% | +38.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.12% | 14.43% | -14.31% |
Volatility
TSDUX vs. CPOAX - Volatility Comparison
The current volatility for Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund (TSDUX) is 0.19%, while Morgan Stanley Insight A (CPOAX) has a volatility of 8.00%. This indicates that TSDUX experiences smaller price fluctuations and is considered to be less risky than CPOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSDUX | CPOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.19% | 8.00% | -7.81% |
Volatility (6M)Calculated over the trailing 6-month period | 0.52% | 23.61% | -23.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.95% | 30.51% | -29.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.11% | 39.99% | -38.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.09% | 34.26% | -33.17% |
TSDUX vs. CPOAX - Expense Ratio Comparison
TSDUX has a 0.62% expense ratio, which is lower than CPOAX's 1.15% expense ratio.
Dividends
TSDUX vs. CPOAX - Dividend Comparison
TSDUX's dividend yield for the trailing twelve months is around 2.46%, while CPOAX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPOAX Morgan Stanley Insight A | 0.00% | 0.00% | 0.61% | 0.00% | 51.84% | 14.94% | 9.06% | 7.29% | 9.33% | 28.73% | 9.83% | 8.92% |
TSDUX Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund | 2.46% | 3.09% | 5.03% | 1.55% | 6.36% | 0.60% | 1.65% | 2.84% | 2.66% | 2.22% | 1.87% | 0.00% |
Frequently Asked Questions
TSDUX and CPOAX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CPOAX has higher volatility (8.00%) compared to TSDUX (0.19%). In terms of maximum drawdown, TSDUX dropped -3.94% vs CPOAX's -84.57%.
TSDUX currently has the higher Sharpe Ratio (3.59 vs -0.13), 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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