ARMGX vs. STAG
Compare and contrast key facts about Western Asset Ultra-Short Income Fund (ARMGX) and STAG Industrial, Inc. (STAG).
ARMGX is managed by Legg Mason. It was launched on Jun 22, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARMGX or STAG.
Key characteristics
| ARMGX | STAG | |
|---|---|---|
| YTD Return | 1.49% | -10.55% |
| 1Y Return | 5.58% | 6.59% |
| 3Y Return (Ann) | 1.87% | 2.37% |
| 5Y Return (Ann) | 1.61% | 7.92% |
| 10Y Return (Ann) | 1.50% | 9.46% |
| Sharpe Ratio | 4.73 | 0.30 |
| Daily Std Dev | 1.22% | 21.31% |
| Max Drawdown | -19.79% | -45.08% |
| Current Drawdown | 0.00% | -20.26% |
Correlation
The correlation between ARMGX and STAG is 0.11, 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.
Performance
ARMGX vs. STAG - Performance Comparison
In the year-to-date period, ARMGX achieves a 1.49% return, which is significantly higher than STAG's -10.55% return. Over the past 10 years, ARMGX has underperformed STAG with an annualized return of 1.50%, while STAG has yielded a comparatively higher 9.46% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ARMGX vs. STAG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Ultra-Short Income Fund (ARMGX) and STAG Industrial, Inc. (STAG). 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.
Dividends
ARMGX vs. STAG - Dividend Comparison
ARMGX's dividend yield for the trailing twelve months is around 2.57%, less than STAG's 4.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARMGX Western Asset Ultra-Short Income Fund | 2.57% | 2.72% | 1.63% | 0.23% | 1.45% | 2.34% | 1.93% | 1.37% | 0.98% | 0.85% | 0.33% | 0.12% |
STAG STAG Industrial, Inc. | 4.25% | 3.74% | 4.52% | 3.02% | 4.60% | 4.53% | 5.71% | 5.14% | 5.82% | 7.40% | 5.27% | 5.89% |
Drawdowns
ARMGX vs. STAG - Drawdown Comparison
The maximum ARMGX drawdown since its inception was -19.79%, smaller than the maximum STAG drawdown of -45.08%. Use the drawdown chart below to compare losses from any high point for ARMGX and STAG. For additional features, visit the drawdowns tool.
Volatility
ARMGX vs. STAG - Volatility Comparison
The current volatility for Western Asset Ultra-Short Income Fund (ARMGX) is 0.25%, while STAG Industrial, Inc. (STAG) has a volatility of 6.38%. This indicates that ARMGX experiences smaller price fluctuations and is considered to be less risky than STAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.