VGWLX vs. MRJIX
Compare and contrast key facts about Vanguard Global Wellington Fund Investor Shares (VGWLX) and Morgan Stanley Multi-Asset Real Return Portfolio (MRJIX).
VGWLX is managed by Vanguard. It was launched on Nov 2, 2017. MRJIX is managed by Morgan Stanley. It was launched on Jun 17, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VGWLX or MRJIX.
Performance
VGWLX vs. MRJIX - Performance Comparison
Returns By Period
In the year-to-date period, VGWLX achieves a 7.47% return, which is significantly higher than MRJIX's 0.83% return.
VGWLX
7.47%
-2.37%
1.85%
13.45%
6.88%
N/A
MRJIX
0.83%
-3.53%
0.09%
6.39%
6.80%
N/A
Key characteristics
| VGWLX | MRJIX | |
|---|---|---|
| Sharpe Ratio | 2.00 | 0.99 |
| Sortino Ratio | 2.78 | 1.46 |
| Omega Ratio | 1.36 | 1.18 |
| Calmar Ratio | 3.66 | 1.52 |
| Martin Ratio | 11.59 | 4.94 |
| Ulcer Index | 1.16% | 1.39% |
| Daily Std Dev | 6.75% | 6.92% |
| Max Drawdown | -25.28% | -28.39% |
| Current Drawdown | -2.66% | -4.54% |
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VGWLX vs. MRJIX - Expense Ratio Comparison
VGWLX has a 0.42% expense ratio, which is lower than MRJIX's 0.76% expense ratio.
Correlation
The correlation between VGWLX and MRJIX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
VGWLX vs. MRJIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Wellington Fund Investor Shares (VGWLX) and Morgan Stanley Multi-Asset Real Return Portfolio (MRJIX). 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.
Dividends
VGWLX vs. MRJIX - Dividend Comparison
VGWLX's dividend yield for the trailing twelve months is around 3.03%, less than MRJIX's 4.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
VGWLX Vanguard Global Wellington Fund Investor Shares | 3.03% | 2.50% | 1.92% | 1.67% | 1.54% | 1.83% | 2.31% | 0.22% |
MRJIX Morgan Stanley Multi-Asset Real Return Portfolio | 4.76% | 4.80% | 3.98% | 2.36% | 1.94% | 1.94% | 3.09% | 0.00% |
Drawdowns
VGWLX vs. MRJIX - Drawdown Comparison
The maximum VGWLX drawdown since its inception was -25.28%, smaller than the maximum MRJIX drawdown of -28.39%. Use the drawdown chart below to compare losses from any high point for VGWLX and MRJIX. For additional features, visit the drawdowns tool.
Volatility
VGWLX vs. MRJIX - Volatility Comparison
The current volatility for Vanguard Global Wellington Fund Investor Shares (VGWLX) is 1.71%, while Morgan Stanley Multi-Asset Real Return Portfolio (MRJIX) has a volatility of 2.31%. This indicates that VGWLX experiences smaller price fluctuations and is considered to be less risky than MRJIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.