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ISIN
US92838V4941
CUSIP
01900A106
Issuer
Allianz
Inception Date
Mar 30, 2008
Min. Investment
$2,500
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

AWTAX Performance Chart

Virtus Water Fund (AWTAX) is down 3.7% since the beginning of the year. AWTAX is currently trading at $18 per share. Investors who bought $1,000 worth of AWTAX shares 5 years ago would now be looking at an investment worth $1,120.


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S&P 500 Index

Returns By Period

Virtus Water Fund (AWTAX) has returned -3.74% so far this year and -1.30% over the past 12 months. Over the last ten years, AWTAX has returned 7.17% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.


Virtus Water Fund

1D
0.83%
1M
-3.74%
YTD
-3.74%
6M
-5.55%
1Y
-1.30%
3Y*
6.71%
5Y*
2.29%
10Y*
7.17%

Benchmark (S&P 500 Index)

1D
-0.74%
1M
4.90%
YTD
10.35%
6M
10.28%
1Y
26.52%
3Y*
20.83%
5Y*
12.30%
10Y*
13.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AWTAX Monthly Returns History

Based on dividend-adjusted daily data since Mar 31, 2008, AWTAX's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, an investment would double in approximately 9.8 years.

Historically, 61% of months were positive and 39% were negative. The best month was Apr 2009 with a return of +12.3%, while the worst month was Oct 2008 at -18.1%. The longest winning streak lasted 17 consecutive months, and the longest losing streak was 5 months.

On a daily basis, AWTAX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +11.9%, while the worst single day was Dec 19, 2024 at -10.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.16%3.74%-8.53%3.30%-5.52%-0.22%-3.74%
20252.42%-0.82%-0.36%4.74%2.63%2.28%-0.28%2.71%0.00%-0.65%0.56%-1.74%11.87%
2024-2.12%6.01%3.78%-2.35%4.02%-2.97%6.76%0.91%0.59%-4.04%2.76%-7.20%5.25%
20235.82%-3.12%2.24%-1.17%-2.54%6.48%2.86%-3.95%-7.48%-2.96%11.26%5.55%11.99%
2022-10.60%-4.77%2.53%-8.37%-1.05%-8.17%12.05%-5.67%-9.11%8.70%7.59%-3.26%-21.01%
20210.26%1.68%3.31%5.05%2.08%0.05%6.43%2.72%-7.08%6.06%-1.81%4.90%25.39%

Benchmark Metrics

Virtus Water Fund has an annualized alpha of -2.12%, beta of 0.84, and R2 of 0.76 versus S&P 500 Index. Calculated based on daily prices since April 01, 2008.

  • This fund participated in 97.41% of S&P 500 Index downside but only 80.29% of its upside - more exposed to losses than it benefited from rallies.
  • This fund had an annualized alpha of -2.12% versus S&P 500 Index - delivering less than market exposure alone would predict.

Alpha
-2.12%
Beta
0.84
0.76
Upside Capture
80.29%
Downside Capture
97.41%

Expense Ratio

AWTAX has a high expense ratio of 1.22%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

AWTAX ranks 2 for risk / return — in the bottom 2% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


AWTAX Risk / Return Rank: 22
Overall Rank
AWTAX Sharpe Ratio Rank: 22
Sharpe Ratio Rank
AWTAX Sortino Ratio Rank: 22
Sortino Ratio Rank
AWTAX Omega Ratio Rank: 22
Omega Ratio Rank
AWTAX Calmar Ratio Rank: 22
Calmar Ratio Rank
AWTAX Martin Ratio Rank: 22
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Virtus Water Fund (AWTAX) and compare them to S&P 500 Index.


AWTAXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-2.30

Sortino ratioReturn per unit of downside risk

-3.07

Omega ratioGain probability vs. loss probability

1.00

1.41

-0.41

Calmar ratioReturn relative to maximum drawdown

-0.06

2.93

-2.99

Martin ratioReturn relative to average drawdown

-0.17

13.52

-13.69

Dividends

Dividend History

Virtus Water Fund provided a 12.39% dividend yield over the last twelve months, with an annual payout of $2.27 per share. The fund has been increasing its distributions for 3 consecutive years.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%$0.00$0.50$1.00$1.50$2.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$2.27$2.27$1.48$0.64$0.07$1.76$0.32$0.51$0.49$0.38$0.13$0.05

Dividend yield

12.39%11.93%7.78%3.30%0.42%7.72%1.61%2.98%3.71%2.43%0.99%0.38%

Monthly Dividends

The table displays the monthly dividend distributions for Virtus Water Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.27$2.27
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.48$1.48
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.64$0.64
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.07$0.07
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.76$1.76

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Virtus Water Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Virtus Water Fund was 54.12%, occurring on Mar 9, 2009. Recovery took 962 trading sessions.

The current Virtus Water Fund drawdown is 11.00%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-54.12%Mar 2009
9mo 6d3y 10mo
4y 7moJun 2008 - Jan 2013
COVID crash2020
-32.78%Mar 2020
1mo 2d6mo 19d
7mo 21dFeb 2020 - Oct 2020
Bear market2022
-30.85%Oct 2022
1y 1mo1y 7mo
2y 8moSep 2021 - May 2024
Rate-hike selloffLate 2018
-19.10%Dec 2018
11mo 4d4mo 7d
1y 3moJan 2018 - Apr 2019
2025 selloff2025
-17.00%Apr 2025
3mo 20d2mo 24d
6mo 14dDec 2024 - Jul 2025

Drawdown Indicators


AWTAXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-54.12%

-56.78%

+2.66%

Max Drawdown (1Y)

Largest decline over 1 year

-12.17%

-9.10%

-3.07%

Max Drawdown (3Y)

Largest decline over 3 years

-17.00%

-18.90%

+1.90%

Max Drawdown (5Y)

Largest decline over 5 years

-30.85%

-25.43%

-5.42%

Max Drawdown (10Y)

Largest decline over 10 years

-32.78%

-33.92%

+1.14%

Current Drawdown

Current decline from peak

-11.00%

-0.74%

-10.26%

Average Drawdown

Average peak-to-trough decline

-9.90%

-10.72%

+0.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.56%

1.97%

+2.59%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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