- ISIN
- US00170L5030
- CUSIP
- 00170L503
- Issuer
- AMG
- Inception Date
- Jun 24, 1993
- Category
- Foreign Small & Mid Cap Equities
- Min. Investment
- $100,000
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
MECIX Performance Chart
AMG GW&K International Small Cap Fund (MECIX) is up 6.2% since the beginning of the year. MECIX is currently trading at $58 per share. Investors who bought $1,000 worth of MECIX shares 5 years ago would now be looking at an investment worth $1,064.
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Returns By Period
AMG GW&K International Small Cap Fund (MECIX) has returned 6.18% so far this year and 11.64% over the past 12 months. Over the last ten years, MECIX has returned 5.61% per year, falling short of the S&P 500 Index benchmark, which averaged 13.71% annually.
AMG GW&K International Small Cap Fund
- 1D
- -0.67%
- 1M
- -1.94%
- YTD
- 6.18%
- 6M
- 6.10%
- 1Y
- 11.64%
- 3Y*
- 9.10%
- 5Y*
- 1.24%
- 10Y*
- 5.61%
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
MECIX Monthly Returns History
Based on dividend-adjusted daily data since Jun 29, 1993, MECIX's average daily return is +0.04%, while the average monthly return is +0.87%. At this rate, an investment would double in approximately 6.7 years.
Historically, 58% of months were positive and 42% were negative. The best month was Oct 2011 with a return of +19.5%, while the worst month was Mar 2020 at -23.4%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, MECIX closed higher 54% of trading days. The best single day was Mar 19, 2020 with a return of +9.8%, while the worst single day was Mar 16, 2020 at -15.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.22% | 5.72% | -8.47% | 7.21% | 2.24% | -3.00% | 6.18% | ||||||
| 2025 | -0.21% | 1.54% | -1.32% | 5.43% | 4.83% | 4.34% | -0.59% | 3.07% | 0.07% | -1.93% | 1.40% | -0.83% | 16.57% |
| 2024 | -1.02% | 3.92% | 4.62% | -4.52% | 3.47% | -2.61% | 4.55% | 2.29% | 0.91% | -5.75% | -0.75% | -2.27% | 2.15% |
| 2023 | 6.27% | -2.31% | 2.56% | -0.84% | -3.78% | 2.70% | 2.93% | -3.07% | -5.83% | -5.69% | 7.62% | 6.78% | 6.23% |
| 2022 | -7.78% | -1.14% | -2.04% | -8.40% | -0.86% | -7.63% | 5.80% | -5.02% | -10.39% | 5.07% | 10.64% | 1.59% | -20.34% |
| 2021 | -2.28% | 1.06% | 3.55% | 3.36% | -0.24% | -1.54% | 1.03% | 1.90% | -6.05% | -0.02% | -4.19% | 6.36% | 2.33% |
Benchmark Metrics
AMG GW&K International Small Cap Fund has an annualized alpha of 1.76%, beta of 0.89, and R2 of 0.61 versus S&P 500 Index. Calculated based on daily prices since June 29, 1993.
- With beta of 0.89 and R2 of 0.61, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.76%
- Beta
- 0.89
- R²
- 0.61
- Upside Capture
- 100.08%
- Downside Capture
- 99.69%
Expense Ratio
MECIX has a high expense ratio of 0.99%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
MECIX ranks 14 for risk / return — in the bottom 14% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for AMG GW&K International Small Cap Fund (MECIX) and compare them to S&P 500 Index.
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.
| MECIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.32 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 2.46 | -1.27 |
| Martin ratioReturn relative to average drawdown | 3.92 | 10.92 | -7.00 |
Dividends
Dividend History
AMG GW&K International Small Cap Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.97 | $0.71 | $0.60 | $0.39 | $0.00 | $0.01 | $4.53 |
Dividend yield | 0.00% | 0.00% | 2.06% | 1.51% | 1.34% | 0.68% | 0.00% | 0.02% | 9.02% |
Monthly Dividends
The table displays the monthly dividend distributions for AMG GW&K International Small Cap Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.97 | $0.97 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 | $0.71 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 | $0.60 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 | $0.39 |
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 AMG GW&K International Small Cap 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 AMG GW&K International Small Cap Fund was 68.42%, occurring on Mar 9, 2009. Recovery took 1008 trading sessions.
The current AMG GW&K International Small Cap Fund drawdown is 3.86%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -68.42%Mar 2009 | 2y 10mo | 4y | 6y 10moMay 2006 - Mar 2013 |
COVID crash2020 | -51.20%Mar 2020 | 1y 6mo | — | 7y 9moSep 2018 - now |
1998 bear market1998 | -38.19%Oct 1998 | 5mo 18d | 1y 4mo | 1y 10moApr 1998 - Feb 2000 |
Dot-com crash2000–2002 | -29.59%Jul 2002 | 2mo 18d | 11mo 21d | 1y 2moMay 2002 - Jul 2003 |
Dot-com crash2000–2002 | -27.97%Sep 2001 | 4mo 1d | 5mo 16d | 9mo 17dMay 2001 - Mar 2002 |
Drawdown Indicators
| MECIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.42% | -56.78% | -11.64% |
Max Drawdown (1Y)Largest decline over 1 year | -10.60% | -9.10% | -1.50% |
Max Drawdown (3Y)Largest decline over 3 years | -17.72% | -18.90% | +1.18% |
Max Drawdown (5Y)Largest decline over 5 years | -37.38% | -25.43% | -11.95% |
Max Drawdown (10Y)Largest decline over 10 years | -51.20% | -33.92% | -17.28% |
Current DrawdownCurrent decline from peak | -3.86% | -3.21% | -0.65% |
Average DrawdownAverage peak-to-trough decline | -14.19% | -10.71% | -3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 2.04% | +1.15% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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