Destiny Tech100 (DXYZ) vs Morgan Stanley Direct Lending Fund (MSDL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Destiny Tech100 is the larger company by market cap ($1.45 billion vs $1.13 billion), about 1.3 times the size. On valuation, Destiny Tech100 trades at a lower trailing P/E (3.8x vs 19.5x for Morgan Stanley Direct Lending Fund). Morgan Stanley Direct Lending Fund pays a dividend yielding 14.09%, while Destiny Tech100 does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DXYZ | MSDL |
|---|---|---|
| Share price | $30.50 | $13.48 |
| Market cap | $1.45B | $1.13B |
| 1-day change | 0.00% | -0.66% |
| P/E ratio (TTM) | 3.79 | 19.54 |
| Forward P/E | — | 7.48 |
| EPS (TTM) | $8.05 | $0.69 |
| Dividend yield | 0.00% | 14.09% |
| Annual dividend | $0.00 | $1.90 |
| 52-week high | $72.87 | $17.91 |
| 52-week low | $19.71 | $13.23 |
| Distance from 52-week high | -58.14% | -24.73% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +15.80% |
| Average volume | 1.04M | 455.05K |
| Shares outstanding | 47.66M | 84.11M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Morgan Stanley Direct Lending Fund trades at a higher earnings multiple (19.5x vs 3.8x trailing P/E).
- Morgan Stanley Direct Lending Fund offers a meaningfully higher dividend yield (14.09% vs 0.00%).
About Morgan Stanley Direct Lending Fund
MSDL stock →Morgan Stanley Direct Lending Fund is a business development company. It is a Private Debt fund.
Financial Services · Asset Management
DXYZ vs MSDL FAQ
Which is bigger, Destiny Tech100 or Morgan Stanley Direct Lending Fund?
Destiny Tech100 (DXYZ) is larger, with a market capitalization of $1.45B compared with $1.13B for Morgan Stanley Direct Lending Fund (MSDL).
Which has the lower P/E ratio, DXYZ or MSDL?
DXYZ has the lower trailing P/E at 3.8, versus 19.5 for MSDL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Destiny Tech100 or Morgan Stanley Direct Lending Fund?
Morgan Stanley Direct Lending Fund pays a dividend yielding 14.09%, while Destiny Tech100 does not currently pay a regular dividend.
Are Destiny Tech100 and Morgan Stanley Direct Lending Fund in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.