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ANNPX vs. ASHIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

ANNPX vs. ASHIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Convertible Fund (ANNPX) and Virtus Short Duration High Income Fund (ASHIX). The values are adjusted to include any dividend payments, if applicable.

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ANNPX vs. ASHIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
ANNPX
Virtus Convertible Fund
-0.19%22.50%14.13%8.39%-18.65%4.96%55.99%26.45%2.76%15.22%
ASHIX
Virtus Short Duration High Income Fund
-0.96%6.61%7.61%12.55%-5.21%5.35%6.00%7.97%-0.03%4.27%

Returns By Period

In the year-to-date period, ANNPX achieves a -0.19% return, which is significantly higher than ASHIX's -0.96% return. Over the past 10 years, ANNPX has outperformed ASHIX with an annualized return of 12.62%, while ASHIX has yielded a comparatively lower 5.13% annualized return.


ANNPX

1D
-1.73%
1M
-5.81%
YTD
-0.19%
6M
2.89%
1Y
26.44%
3Y*
13.75%
5Y*
4.99%
10Y*
12.62%

ASHIX

1D
0.15%
1M
-1.62%
YTD
-0.96%
6M
0.17%
1Y
4.90%
3Y*
7.57%
5Y*
4.53%
10Y*
5.13%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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ANNPX vs. ASHIX - Expense Ratio Comparison

ANNPX has a 0.71% expense ratio, which is higher than ASHIX's 0.60% expense ratio.


Return for Risk

ANNPX vs. ASHIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ANNPX
ANNPX Risk / Return Rank: 9191
Overall Rank
ANNPX Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
ANNPX Sortino Ratio Rank: 8989
Sortino Ratio Rank
ANNPX Omega Ratio Rank: 8484
Omega Ratio Rank
ANNPX Calmar Ratio Rank: 9696
Calmar Ratio Rank
ANNPX Martin Ratio Rank: 9696
Martin Ratio Rank

ASHIX
ASHIX Risk / Return Rank: 8585
Overall Rank
ASHIX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
ASHIX Sortino Ratio Rank: 8888
Sortino Ratio Rank
ASHIX Omega Ratio Rank: 9090
Omega Ratio Rank
ASHIX Calmar Ratio Rank: 7777
Calmar Ratio Rank
ASHIX Martin Ratio Rank: 8282
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.

ANNPX vs. ASHIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Convertible Fund (ANNPX) and Virtus Short Duration High Income Fund (ASHIX). 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.


ANNPXASHIXDifference

Sharpe ratio

Return per unit of total volatility

1.87

1.70

+0.17

Sortino ratio

Return per unit of downside risk

2.48

2.42

+0.06

Omega ratio

Gain probability vs. loss probability

1.34

1.40

-0.06

Calmar ratio

Return relative to maximum drawdown

3.47

1.80

+1.67

Martin ratio

Return relative to average drawdown

13.90

8.22

+5.68

ANNPX vs. ASHIX - Sharpe Ratio Comparison

The current ANNPX Sharpe Ratio is 1.87, which is comparable to the ASHIX Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of ANNPX and ASHIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


ANNPXASHIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.87

1.70

+0.17

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

1.34

-0.95

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.94

1.24

-0.30

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

1.35

-0.84

Correlation

The correlation between ANNPX and ASHIX is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

ANNPX vs. ASHIX - Dividend Comparison

ANNPX's dividend yield for the trailing twelve months is around 11.28%, more than ASHIX's 6.15% yield.


TTM20252024202320222021202020192018201720162015
ANNPX
Virtus Convertible Fund
11.28%11.32%2.31%2.56%1.55%20.74%6.94%5.12%18.79%23.47%2.88%10.63%
ASHIX
Virtus Short Duration High Income Fund
6.15%6.68%7.01%6.45%6.22%5.53%5.95%5.41%5.64%5.02%5.36%6.44%

Drawdowns

ANNPX vs. ASHIX - Drawdown Comparison

The maximum ANNPX drawdown since its inception was -55.61%, which is greater than ASHIX's maximum drawdown of -19.54%. Use the drawdown chart below to compare losses from any high point for ANNPX and ASHIX.


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Drawdown Indicators


ANNPXASHIXDifference

Max Drawdown

Largest peak-to-trough decline

-55.61%

-19.54%

-36.07%

Max Drawdown (1Y)

Largest decline over 1 year

-7.15%

-2.59%

-4.56%

Max Drawdown (5Y)

Largest decline over 5 years

-26.85%

-9.33%

-17.52%

Max Drawdown (10Y)

Largest decline over 10 years

-27.36%

-19.54%

-7.82%

Current Drawdown

Current decline from peak

-7.15%

-1.62%

-5.53%

Average Drawdown

Average peak-to-trough decline

-17.54%

-0.99%

-16.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.79%

0.57%

+1.22%

Volatility

ANNPX vs. ASHIX - Volatility Comparison

Virtus Convertible Fund (ANNPX) has a higher volatility of 6.20% compared to Virtus Short Duration High Income Fund (ASHIX) at 0.90%. This indicates that ANNPX's price experiences larger fluctuations and is considered to be riskier than ASHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ANNPXASHIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.20%

0.90%

+5.30%

Volatility (6M)

Calculated over the trailing 6-month period

11.16%

1.81%

+9.35%

Volatility (1Y)

Calculated over the trailing 1-year period

14.09%

2.85%

+11.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.78%

3.39%

+9.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.44%

4.14%

+9.30%