USGDX vs. MGKQX
Compare and contrast key facts about Morgan Stanley U.S. Government Securities Trust (USGDX) and Morgan Stanley Global Permanence Portfolio (MGKQX).
USGDX is managed by Morgan Stanley. It was launched on Jul 28, 1997. MGKQX is managed by Morgan Stanley. It was launched on Apr 29, 2019.
Performance
USGDX vs. MGKQX - Performance Comparison
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USGDX vs. MGKQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
USGDX Morgan Stanley U.S. Government Securities Trust | -1.71% | 13.54% | -6.80% | 4.64% | -13.25% | -2.18% | 5.79% | 4.58% |
MGKQX Morgan Stanley Global Permanence Portfolio | -6.72% | 5.52% | 10.81% | 20.89% | -19.81% | 19.55% | 27.09% | 6.40% |
Returns By Period
In the year-to-date period, USGDX achieves a -1.71% return, which is significantly higher than MGKQX's -6.72% return.
USGDX
- 1D
- 1.03%
- 1M
- -4.72%
- YTD
- -1.71%
- 6M
- 0.22%
- 1Y
- 4.06%
- 3Y*
- 1.93%
- 5Y*
- -1.10%
- 10Y*
- 0.79%
MGKQX
- 1D
- 0.09%
- 1M
- -7.72%
- YTD
- -6.72%
- 6M
- -24.66%
- 1Y
- -5.07%
- 3Y*
- 5.04%
- 5Y*
- 4.15%
- 10Y*
- —
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USGDX vs. MGKQX - Expense Ratio Comparison
USGDX has a 0.52% expense ratio, which is lower than MGKQX's 0.95% expense ratio.
Return for Risk
USGDX vs. MGKQX — Risk / Return Rank
USGDX
MGKQX
USGDX vs. MGKQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley U.S. Government Securities Trust (USGDX) and Morgan Stanley Global Permanence Portfolio (MGKQX). 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.
| USGDX | MGKQX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.45 | -0.21 | +0.65 |
Sortino ratioReturn per unit of downside risk | 0.69 | -0.08 | +0.77 |
Omega ratioGain probability vs. loss probability | 1.08 | 0.98 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 0.66 | -0.29 | +0.94 |
Martin ratioReturn relative to average drawdown | 1.65 | -0.70 | +2.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| USGDX | MGKQX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.45 | -0.21 | +0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | 0.18 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.34 | +0.15 |
Correlation
The correlation between USGDX and MGKQX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
USGDX vs. MGKQX - Dividend Comparison
USGDX's dividend yield for the trailing twelve months is around 4.88%, while MGKQX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USGDX Morgan Stanley U.S. Government Securities Trust | 4.88% | 4.73% | 5.20% | 3.09% | 2.51% | 2.18% | 2.79% | 3.67% | 3.13% | 3.11% | 3.13% | 2.63% |
MGKQX Morgan Stanley Global Permanence Portfolio | 0.00% | 0.00% | 21.29% | 5.29% | 1.80% | 16.33% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
USGDX vs. MGKQX - Drawdown Comparison
The maximum USGDX drawdown since its inception was -30.33%, smaller than the maximum MGKQX drawdown of -33.07%. Use the drawdown chart below to compare losses from any high point for USGDX and MGKQX.
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Drawdown Indicators
| USGDX | MGKQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.33% | -33.07% | +2.74% |
Max Drawdown (1Y)Largest decline over 1 year | -9.22% | -25.97% | +16.75% |
Max Drawdown (5Y)Largest decline over 5 years | -29.81% | -30.96% | +1.15% |
Max Drawdown (10Y)Largest decline over 10 years | -30.33% | — | — |
Current DrawdownCurrent decline from peak | -8.20% | -25.91% | +17.71% |
Average DrawdownAverage peak-to-trough decline | -3.17% | -8.24% | +5.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.68% | 10.75% | -7.07% |
Volatility
USGDX vs. MGKQX - Volatility Comparison
The current volatility for Morgan Stanley U.S. Government Securities Trust (USGDX) is 3.17%, while Morgan Stanley Global Permanence Portfolio (MGKQX) has a volatility of 5.70%. This indicates that USGDX experiences smaller price fluctuations and is considered to be less risky than MGKQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| USGDX | MGKQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.17% | 5.70% | -2.53% |
Volatility (6M)Calculated over the trailing 6-month period | 5.23% | 24.02% | -18.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.15% | 27.10% | -16.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.03% | 23.57% | -11.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.81% | 23.81% | -15.00% |