ARSVX vs. MGFIX
ARSVX (AMG River Road Small Cap Value Fund) and MGFIX (AMG GW&K ESG Bond Fund) are both mutual funds - ARSVX is a Small Cap Value Equities fund managed by AMG, while MGFIX is a Intermediate Core-Plus Bond fund managed by AMG. Over the past 10 years, ARSVX returned 9.54%/yr vs 1.17%/yr for MGFIX. At a correlation of -0.00, they often move in opposite directions. ARSVX charges 1.35%/yr vs 0.68%/yr for MGFIX.
Performance
ARSVX vs. MGFIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ARSVX achieves a 7.32% return, which is significantly higher than MGFIX's 0.27% return. Over the past 10 years, ARSVX has outperformed MGFIX with an annualized return of 9.54%, while MGFIX has yielded a comparatively lower 1.17% annualized return.
ARSVX
- 1D
- 1.12%
- 1M
- 3.57%
- 6M
- 3.22%
- YTD
- 7.32%
- 1Y
- -2.84%
- 3Y*
- 7.22%
- 5Y*
- 5.10%
- 10Y*
- 9.54%
MGFIX
- 1D
- 0.09%
- 1M
- -0.12%
- 6M
- -0.09%
- YTD
- 0.27%
- 1Y
- 4.04%
- 3Y*
- 4.61%
- 5Y*
- -0.26%
- 10Y*
- 1.17%
ARSVX vs. MGFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARSVX AMG River Road Small Cap Value Fund | 7.32% | -7.36% | 14.05% | 14.86% | -6.49% | 21.14% | 1.84% | 38.29% | -6.96% | 11.73% |
MGFIX AMG GW&K ESG Bond Fund | 0.27% | 7.26% | 1.50% | 6.69% | -13.17% | -9.68% | 7.34% | 11.11% | -1.82% | 6.78% |
Correlation
The correlation between ARSVX and MGFIX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2005 | -0.00 |
The correlation between ARSVX and MGFIX shifts across timeframes, from -0.00 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ARSVX vs. MGFIX — Risk / Return Rank
ARSVX
MGFIX
ARSVX vs. MGFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AMG River Road Small Cap Value Fund (ARSVX) and AMG GW&K ESG Bond Fund (MGFIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ARSVX | MGFIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.57 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.17 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 1.26 | -1.43 |
| Martin ratioReturn relative to average drawdown | -0.34 | 3.56 | -3.90 |
Loading charts...
Drawdowns
ARSVX vs. MGFIX - Drawdown Comparison
The maximum ARSVX drawdown since its inception was -54.85%, which is greater than MGFIX's maximum drawdown of -25.03%. Use the drawdown chart below to compare losses from any high point for ARSVX and MGFIX.
Loading charts...
Drawdown Indicators
| ARSVX | MGFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.85% | -25.03% | -29.82% |
Max Drawdown (1Y)Largest decline over 1 year | -16.62% | -2.93% | -13.69% |
Max Drawdown (3Y)Largest decline over 3 years | -19.21% | -6.75% | -12.46% |
Max Drawdown (5Y)Largest decline over 5 years | -19.21% | -19.68% | +0.47% |
Max Drawdown (10Y)Largest decline over 10 years | -40.52% | -25.03% | -15.49% |
Current DrawdownCurrent decline from peak | -6.58% | -8.65% | +2.07% |
Average DrawdownAverage peak-to-trough decline | -8.68% | -4.82% | -3.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.49% | 1.03% | +7.46% |
Volatility
ARSVX vs. MGFIX - Volatility Comparison
AMG River Road Small Cap Value Fund (ARSVX) has a higher volatility of 3.47% compared to AMG GW&K ESG Bond Fund (MGFIX) at 1.15%. This indicates that ARSVX's price experiences larger fluctuations and is considered to be riskier than MGFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ARSVX | MGFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.47% | 1.15% | +2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 9.31% | 2.86% | +6.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.06% | 3.66% | +13.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.84% | 5.78% | +12.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.28% | 5.25% | +14.03% |
ARSVX vs. MGFIX - Expense Ratio Comparison
ARSVX has a 1.35% expense ratio, which is higher than MGFIX's 0.68% expense ratio.
Dividends
ARSVX vs. MGFIX - Dividend Comparison
ARSVX has not paid dividends to shareholders, while MGFIX's dividend yield for the trailing twelve months is around 4.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARSVX AMG River Road Small Cap Value Fund | 0.00% | 0.00% | 8.50% | 4.78% | 3.87% | 7.75% | 0.00% | 12.10% | 13.01% | 14.96% | 4.96% | 6.51% |
MGFIX AMG GW&K ESG Bond Fund | 4.11% | 3.85% | 3.56% | 2.94% | 2.41% | 2.21% | 3.38% | 4.20% | 3.89% | 3.81% | 4.96% | 4.17% |
Frequently Asked Questions
ARSVX and MGFIX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARSVX has higher volatility (3.47%) compared to MGFIX (1.15%). In terms of maximum drawdown, ARSVX dropped -54.85% vs MGFIX's -25.03%.
MGFIX currently has the higher Sharpe Ratio (1.01 vs -0.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ARSVX and MGFIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer