ATGSX vs. VTMFX

Last updated Jun 25, 2026

ATGSX (Anchor Risk Managed Global Strategies Fund) and VTMFX (Vanguard Tax-Managed Balanced Fund Admiral Shares) are both mutual funds - ATGSX is a Long-Short fund managed by BlackRock, while VTMFX is a Diversified Portfolio fund tracking the Composite benchmark: Russell 1000 Index and Bloomberg 1-15 Year Municipal Bond Index. At a 0.45 correlation, their price movements are largely independent. ATGSX charges 2.25%/yr vs 0.05%/yr for VTMFX.

Performance

ATGSX vs. VTMFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Anchor Risk Managed Global Strategies Fund (ATGSX) and Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ATGSX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTMFX

• 1D: -0.70%
• 1M: 0.06%
• YTD: 4.50%
• 6M: 3.95%
• 1Y: 13.59%
• 3Y*: 11.82%
• 5Y*: 6.79%
• 10Y*: 8.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ATGSX vs. VTMFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ATGSX Anchor Risk Managed Global Strategies Fund	0.00%	5.43%	-0.40%	4.64%	-2.43%	2.09%	6.99%	14.51%
VTMFX Vanguard Tax-Managed Balanced Fund Admiral Shares	4.50%	11.28%	12.17%	15.55%	-12.69%	13.10%	13.31%	14.72%

Correlation

The correlation between ATGSX and VTMFX is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (All Time) Calculated using the full available price history since Jan 24, 2019	0.45

Over the past year, the correlation between ATGSX and VTMFX has dropped to 0.21 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.

Return for Risk

ATGSX vs. VTMFX — Risk / Return Rank

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

ATGSX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

VTMFX

VTMFX Risk / Return Rank: 64
VTMFX Sharpe Ratio Rank: 67
VTMFX Sortino Ratio Rank: 66
VTMFX Omega Ratio Rank: 67
VTMFX Calmar Ratio Rank: 53
VTMFX Martin Ratio Rank: 68

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.

ATGSX vs. VTMFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Anchor Risk Managed Global Strategies Fund (ATGSX) and Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX). 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.

	ATGSX	VTMFX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.20	—
Sortino ratio: Return per unit of downside risk	—	3.10	—
Omega ratio: Gain probability vs. loss probability	—	1.42	—
Calmar ratio: Return relative to maximum drawdown	—	2.65	—
Martin ratio: Return relative to average drawdown	—	12.34	—

Drawdowns

Drawdown Indicators

	ATGSX	VTMFX	Difference
Max Drawdown Largest peak-to-trough decline	—	-28.49%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-5.38%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-10.61%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.40%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-21.87%	—
Current Drawdown Current decline from peak	—	-1.45%	—
Average Drawdown Average peak-to-trough decline	—	-3.54%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.15%	—

Volatility

Volatility by Period

	ATGSX	VTMFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.56%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.22%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	6.49%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	8.57%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	9.14%	—

ATGSX vs. VTMFX - Expense Ratio Comparison

ATGSX has a 2.25% expense ratio, which is higher than VTMFX's 0.05% expense ratio.

Dividends

ATGSX vs. VTMFX - Dividend Comparison

ATGSX's dividend yield for the trailing twelve months is around 0.95%, less than VTMFX's 2.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ATGSX Anchor Risk Managed Global Strategies Fund	0.95%	1.17%	0.87%	1.35%	0.00%	12.72%	1.21%	7.13%	0.00%	0.00%	0.00%	0.00%
VTMFX Vanguard Tax-Managed Balanced Fund Admiral Shares	2.14%	2.14%	2.08%	1.94%	1.85%	1.38%	1.72%	2.05%	2.22%	2.00%	2.13%	2.06%

Frequently Asked Questions

Can I hold both ATGSX and VTMFX in my portfolio?

ATGSX and VTMFX have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.