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Metropolitan West Strategic Income Fund (MWSTX) Sharpe Ratio: 1.86

MWSTX's Sharpe Ratio of 1.86 indicates that for each unit of volatility, it generates 1.86 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 1, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

MWSTX Sharpe Ratio Rank

MWSTX Sharpe Ratio Rank: 89.690
Exceptional

MWSTX ranks above 89.6% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

MWSTX Sharpe Ratio Market Positioning

The chart shows MWSTX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.65 or lower
  • Yellow zone (middle 50%): 0.65 to 1.37
  • Green zone (top 25%): 1.37 or higher
  • Top 1%: 3.59+
  • Median: 1.00 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Metropolitan West Strategic Income Fund's Sharpe Ratio with other mutual funds in the Nontraditional Bonds category across multiple time periods, showing how MWSTX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 1, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CBYYXVictory Pioneer Cat Bond Fund Class Y8.54
EIGMXEaton Vance Global Macro Absolute Return Fund6.02
EGRIXEaton Vance Global Macro Absolute Return Advantage Fund5.14
APFPXArtisan Global Unconstrained Fund5.02
DFLEXDoubleLine Flexible Income Fund3.69
SCFZXPGIM Securitized Credit Fund3.52
GMODXGMO Opportunistic Income Fund3.34
RPIDXT. Rowe Price Dynamic Credit Fund3.06
AFLIXAnfield Universal Fixed Income Fund2.99
BGCIXBlackRock Global Long/Short Credit Fund2.81
MWSTXMetropolitan West Strategic Income Fund1.86

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows MWSTX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when MWSTX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Explore MWSTX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

MWSTX Sortino Ratio