AAIIX vs. MWIGX
Compare and contrast key facts about Ancora Income Fund (AAIIX) and Metropolitan West Investment Grade Credit Fund (MWIGX).
AAIIX is managed by Ancora. It was launched on Jan 5, 2004. MWIGX is managed by Metropolitan West Funds. It was launched on Jun 29, 2018.
Performance
AAIIX vs. MWIGX - Performance Comparison
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AAIIX vs. MWIGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
AAIIX Ancora Income Fund | -0.31% | 2.28% | 9.23% | 9.46% | -14.32% | 9.21% | 3.72% | 11.08% | -4.42% |
MWIGX Metropolitan West Investment Grade Credit Fund | -0.85% | 7.99% | 3.82% | 6.55% | -13.01% | -1.13% | 8.41% | 11.21% | 4.27% |
Returns By Period
In the year-to-date period, AAIIX achieves a -0.31% return, which is significantly higher than MWIGX's -0.85% return.
AAIIX
- 1D
- 0.29%
- 1M
- -3.18%
- YTD
- -0.31%
- 6M
- -0.93%
- 1Y
- 3.83%
- 3Y*
- 6.20%
- 5Y*
- 2.14%
- 10Y*
- 3.19%
MWIGX
- 1D
- 0.25%
- 1M
- -2.10%
- YTD
- -0.85%
- 6M
- 0.32%
- 1Y
- 4.36%
- 3Y*
- 4.80%
- 5Y*
- 0.73%
- 10Y*
- —
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AAIIX vs. MWIGX - Expense Ratio Comparison
AAIIX has a 2.20% expense ratio, which is higher than MWIGX's 1.87% expense ratio.
Return for Risk
AAIIX vs. MWIGX — Risk / Return Rank
AAIIX
MWIGX
AAIIX vs. MWIGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ancora Income Fund (AAIIX) and Metropolitan West Investment Grade Credit Fund (MWIGX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AAIIX | MWIGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.61 | 1.41 | -0.80 |
Sortino ratioReturn per unit of downside risk | 0.84 | 2.11 | -1.27 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.27 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 0.60 | 2.18 | -1.58 |
Martin ratioReturn relative to average drawdown | 1.98 | 8.06 | -6.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AAIIX | MWIGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.61 | 1.41 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | 0.15 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.00 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 0.69 | -0.68 |
Correlation
The correlation between AAIIX and MWIGX is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
AAIIX vs. MWIGX - Dividend Comparison
AAIIX's dividend yield for the trailing twelve months is around 5.14%, more than MWIGX's 3.41% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAIIX Ancora Income Fund | 5.14% | 4.09% | 4.57% | 4.77% | 4.52% | 4.46% | 5.68% | 3.96% | 4.36% | 5.69% | 6.40% | 6.99% |
MWIGX Metropolitan West Investment Grade Credit Fund | 3.41% | 3.70% | 4.52% | 4.97% | 6.33% | 4.25% | 9.21% | 12.03% | 3.98% | 0.00% | 0.00% | 0.00% |
Drawdowns
AAIIX vs. MWIGX - Drawdown Comparison
The maximum AAIIX drawdown since its inception was -98.01%, which is greater than MWIGX's maximum drawdown of -18.32%. Use the drawdown chart below to compare losses from any high point for AAIIX and MWIGX.
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Drawdown Indicators
| AAIIX | MWIGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.01% | -18.32% | -79.69% |
Max Drawdown (1Y)Largest decline over 1 year | -4.78% | -2.35% | -2.43% |
Max Drawdown (5Y)Largest decline over 5 years | -98.01% | -18.32% | -79.69% |
Max Drawdown (10Y)Largest decline over 10 years | -98.01% | — | — |
Current DrawdownCurrent decline from peak | -97.84% | -2.10% | -95.74% |
Average DrawdownAverage peak-to-trough decline | -11.70% | -4.54% | -7.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.49% | 0.64% | +0.85% |
Volatility
AAIIX vs. MWIGX - Volatility Comparison
Ancora Income Fund (AAIIX) has a higher volatility of 1.84% compared to Metropolitan West Investment Grade Credit Fund (MWIGX) at 1.20%. This indicates that AAIIX's price experiences larger fluctuations and is considered to be riskier than MWIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAIIX | MWIGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.84% | 1.20% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 3.27% | 2.01% | +1.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.61% | 3.47% | +2.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2,091.17% | 4.91% | +2,086.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1,478.49% | 4.78% | +1,473.71% |