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Western Asset Income Fund (SDSAX) Sharpe Ratio: 1.46

SDSAX's Sharpe Ratio of 1.46 indicates that for each unit of volatility, it generates 1.46 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.

SDSAX Sharpe Ratio Rank

SDSAX Sharpe Ratio Rank: 79.579
Above Average

SDSAX ranks above 79.5% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. 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

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

SDSAX Sharpe Ratio Market Positioning

The chart shows SDSAX'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 Western Asset Income Fund's Sharpe Ratio with other mutual funds in the Multisector Bonds category across multiple time periods, showing how SDSAX'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
NWXHXNationwide Amundi Strategic Income Fund4.08
NWXEXNationwide Strategic Income A3.89
CBLDXCrossingBridge Low Duration High Yield Fund3.52
ESIIXEaton Vance Strategic Income Fund Class I3.12
ETSIXEaton Vance Strategic Income Fund Class I3.05
DBSCXDoubleline Selective Credit Fund3.00
JSVIXEasterly Income Opportunities Fund2.95
MZLSXMuzinich Low Duration Fund2.80
ECSIXEaton Vance Short Duration Strategic Income Fund2.80
RFXIXRational Special Situations Income Fund2.77
SDSAXWestern Asset Income Fund1.46

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows SDSAX'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 SDSAX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Explore SDSAX risk-adjusted metrics in detail

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

SDSAX Sortino Ratio