ARTMX vs. ARTYX
ARTMX (Artisan Mid Cap Fund) and ARTYX (Artisan Developing World Fund) are both mutual funds - ARTMX is a Mid Cap Growth Equities fund managed by Artisan, while ARTYX is a Emerging Markets Equities fund managed by Artisan. Over the past 10 years, ARTMX returned 10.70%/yr vs 10.16%/yr for ARTYX. Their 0.77 correlation means they have sometimes moved together and sometimes differently. ARTMX charges 1.18%/yr vs 1.28%/yr for ARTYX.
Performance
ARTMX vs. ARTYX - Performance Comparison
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Returns By Period
In the year-to-date period, ARTMX achieves a 2.35% return, which is significantly higher than ARTYX's -0.39% return. Over the past 10 years, ARTMX has outperformed ARTYX with an annualized return of 10.70%, while ARTYX has yielded a comparatively lower 10.16% annualized return.
ARTMX
- 1D
- 1.92%
- 1M
- -6.22%
- 6M
- 1.82%
- YTD
- 2.35%
- 1Y
- 9.36%
- 3Y*
- 10.27%
- 5Y*
- 0.25%
- 10Y*
- 10.70%
- ALL TIME*
- 11.62%
ARTYX
- 1D
- 2.56%
- 1M
- 1.33%
- 6M
- 3.31%
- YTD
- -0.39%
- 1Y
- -5.12%
- 3Y*
- 9.89%
- 5Y*
- -0.93%
- 10Y*
- 10.16%
- ALL TIME*
- 11.41%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ARTMX Artisan Mid Cap Fund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
ARTMX vs. ARTYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARTMX Artisan Mid Cap Fund | 2.35% | 14.92% | 11.78% | 23.99% | -36.82% | 10.12% | 58.62% | 37.97% | -4.30% | 20.61% |
ARTYX Artisan Developing World Fund | -0.39% | 7.82% | 28.03% | 29.51% | -41.35% | -9.97% | 81.24% | 41.67% | -15.68% | 35.10% |
Correlation
The correlation between ARTMX and ARTYX is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.72 |
Correlation (3Y) Balances recent behavior with more history. | 0.74 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.81 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.77 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.77 |
The correlation between ARTMX and ARTYX has been stable across timeframes, ranging from 0.72 to 0.81 - a consistent structural relationship.
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Return for Risk
ARTMX vs. ARTYX — Risk / Return Rank
ARTMX
ARTYX
ARTMX vs. ARTYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Artisan Mid Cap Fund (ARTMX) and Artisan Developing World Fund (ARTYX). 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.
| ARTMX | ARTYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.89 | ||
| Sortino ratioReturn per unit of downside risk | +1.27 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 0.94 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.65 | -0.28 | +0.93 |
| Martin ratioReturn relative to average drawdown | 2.28 | -0.57 | +2.85 |
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Drawdowns
ARTMX vs. ARTYX - Drawdown Comparison
The maximum ARTMX drawdown since its inception was -57.80%, roughly equal to the maximum ARTYX drawdown of -59.61%. Use the drawdown chart below to compare losses from any high point for ARTMX and ARTYX.
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Drawdown Indicators
| ARTMX | ARTYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.80% | -59.61% | +1.81% |
Max Drawdown (1Y)Largest decline over 1 year | -13.32% | -29.14% | +15.82% |
Max Drawdown (3Y)Largest decline over 3 years | -24.65% | -29.14% | +4.49% |
Max Drawdown (5Y)Largest decline over 5 years | -43.73% | -55.21% | +11.48% |
Max Drawdown (10Y)Largest decline over 10 years | -43.73% | -59.61% | +15.88% |
Current DrawdownCurrent decline from peak | -7.71% | -19.93% | +12.22% |
Average DrawdownAverage peak-to-trough decline | -11.96% | -18.57% | +6.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.80% | 14.21% | -10.41% |
Volatility
ARTMX vs. ARTYX - Volatility Comparison
The current volatility for Artisan Mid Cap Fund (ARTMX) is 5.30%, while Artisan Developing World Fund (ARTYX) has a volatility of 5.68%. This indicates that ARTMX experiences smaller price fluctuations and is considered to be less risky than ARTYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARTMX | ARTYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.30% | 5.68% | -0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 15.62% | 16.20% | -0.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.71% | 19.09% | -0.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.32% | 27.28% | -2.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.60% | 24.36% | -1.76% |
ARTMX vs. ARTYX - Expense Ratio Comparison
ARTMX has a 1.18% expense ratio, which is lower than ARTYX's 1.28% expense ratio.
Dividends
ARTMX vs. ARTYX - Dividend Comparison
ARTMX's dividend yield for the trailing twelve months is around 18.89%, while ARTYX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARTMX Artisan Mid Cap Fund | 18.89% | 19.33% | 15.43% | 0.00% | 0.29% | 19.29% | 14.97% | 12.88% | 27.63% | 14.97% | 9.19% | 16.40% |
ARTYX Artisan Developing World Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.12% | 9.44% | 4.20% | 0.00% | 0.01% | 3.37% | 0.51% | 0.00% |
Frequently Asked Questions
ARTMX and ARTYX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARTYX has higher volatility (5.68%) compared to ARTMX (5.30%). In terms of maximum drawdown, ARTMX dropped -57.80% vs ARTYX's -59.61%.
ARTMX currently has the higher Sharpe Ratio (0.47 vs -0.43), 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.
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