AWGIX vs. AWMIX

Last updated Jun 4, 2026

AWGIX (CIBC Atlas All Cap Growth Fund) and AWMIX (CIBC Atlas Mid Cap Equity Fund) are both mutual funds - AWGIX is a Large Cap Growth Equities fund managed by CIBC Private Wealth Management, while AWMIX is a Mid Cap Growth Equities fund managed by CIBC Private Wealth Management. Over the past 10 years, AWGIX returned 11.87%/yr vs 8.66%/yr for AWMIX. Their correlation of 0.90 suggests significant overlap in exposure. AWGIX charges 0.96%/yr vs 0.83%/yr for AWMIX.

Performance

AWGIX vs. AWMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CIBC Atlas All Cap Growth Fund (AWGIX) and CIBC Atlas Mid Cap Equity Fund (AWMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with AWGIX having a 8.58% return and AWMIX slightly higher at 8.92%. Over the past 10 years, AWGIX has outperformed AWMIX with an annualized return of 11.87%, while AWMIX has yielded a comparatively lower 8.66% annualized return.

AWGIX

• 1D: -0.36%
• 1M: 4.77%
• YTD: 8.58%
• 6M: 7.69%
• 1Y: 10.80%
• 3Y*: 15.96%
• 5Y*: 8.03%
• 10Y*: 11.87%

AWMIX

• 1D: 0.77%
• 1M: 5.11%
• YTD: 8.92%
• 6M: 6.66%
• 1Y: 8.80%
• 3Y*: 8.74%
• 5Y*: 3.93%
• 10Y*: 8.66%

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

AWGIX vs. AWMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AWGIX CIBC Atlas All Cap Growth Fund	8.58%	6.07%	13.44%	35.47%	-29.76%	25.42%	29.80%	36.12%	2.01%	19.10%
AWMIX CIBC Atlas Mid Cap Equity Fund	8.92%	2.14%	4.16%	19.63%	-23.66%	19.86%	18.38%	34.57%	-6.76%	20.87%

Correlation

The correlation between AWGIX and AWMIX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jul 1, 2014	0.90

The correlation between AWGIX and AWMIX shifts across timeframes, from 0.81 (1 year) to 0.91 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

AWGIX vs. AWMIX — Risk / Return Rank

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

AWGIX

AWGIX Risk / Return Rank: 8
AWGIX Sharpe Ratio Rank: 8
AWGIX Sortino Ratio Rank: 8
AWGIX Omega Ratio Rank: 8
AWGIX Calmar Ratio Rank: 6
AWGIX Martin Ratio Rank: 7

AWMIX

AWMIX Risk / Return Rank: 9
AWMIX Sharpe Ratio Rank: 8
AWMIX Sortino Ratio Rank: 8
AWMIX Omega Ratio Rank: 7
AWMIX Calmar Ratio Rank: 9
AWMIX Martin Ratio Rank: 10

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.

AWGIX vs. AWMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CIBC Atlas All Cap Growth Fund (AWGIX) and CIBC Atlas Mid Cap Equity Fund (AWMIX). 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.

	AWGIX	AWMIX	Difference
Sharpe ratio: Return per unit of total volatility	0.66	0.65	+0.01
Sortino ratio: Return per unit of downside risk	1.04	1.05	-0.01
Omega ratio: Gain probability vs. loss probability	1.12	1.12	+0.01
Calmar ratio: Return relative to maximum drawdown	0.64	0.93	-0.29
Martin ratio: Return relative to average drawdown	2.03	3.06	-1.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AWGIX vs. AWMIX - Sharpe Ratio Comparison

The current AWGIX Sharpe Ratio is 0.66, which is comparable to the AWMIX Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of AWGIX and AWMIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AWGIX	AWMIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.66	0.65	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	0.20	+0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	0.43	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.44	-0.10

Drawdowns

AWGIX vs. AWMIX - Drawdown Comparison

The maximum AWGIX drawdown since its inception was -52.83%, which is greater than AWMIX's maximum drawdown of -37.53%. Use the drawdown chart below to compare losses from any high point for AWGIX and AWMIX.

Drawdown Indicators

	AWGIX	AWMIX	Difference
Max Drawdown Largest peak-to-trough decline	-52.83%	-37.53%	-15.30%
Max Drawdown (1Y) Largest decline over 1 year	-17.32%	-10.42%	-6.90%
Max Drawdown (3Y) Largest decline over 3 years	-27.79%	-28.10%	+0.31%
Max Drawdown (5Y) Largest decline over 5 years	-33.79%	-29.81%	-3.98%
Max Drawdown (10Y) Largest decline over 10 years	-34.47%	-37.53%	+3.06%
Current Drawdown Current decline from peak	-1.21%	-3.82%	+2.61%
Average Drawdown Average peak-to-trough decline	-12.37%	-7.33%	-5.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.44%	3.17%	+2.27%

Volatility

AWGIX vs. AWMIX - Volatility Comparison

CIBC Atlas All Cap Growth Fund (AWGIX) has a higher volatility of 4.50% compared to CIBC Atlas Mid Cap Equity Fund (AWMIX) at 3.68%. This indicates that AWGIX's price experiences larger fluctuations and is considered to be riskier than AWMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AWGIX	AWMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.50%	3.68%	+0.82%
Volatility (6M) Calculated over the trailing 6-month period	12.89%	11.55%	+1.34%
Volatility (1Y) Calculated over the trailing 1-year period	16.68%	14.85%	+1.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.46%	19.91%	+0.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.11%	20.23%	+0.88%

AWGIX vs. AWMIX - Expense Ratio Comparison

AWGIX has a 0.96% expense ratio, which is higher than AWMIX's 0.83% expense ratio.

Dividends

AWGIX vs. AWMIX - Dividend Comparison

AWGIX's dividend yield for the trailing twelve months is around 5.20%, less than AWMIX's 10.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AWGIX CIBC Atlas All Cap Growth Fund	5.20%	5.64%	2.60%	1.17%	6.87%	11.20%	7.87%	10.11%	20.24%	0.00%	0.00%	0.00%
AWMIX CIBC Atlas Mid Cap Equity Fund	10.33%	11.25%	0.00%	4.34%	1.57%	10.46%	2.48%	0.00%	0.00%	0.00%	1.34%	0.09%

Frequently Asked Questions

Can I hold both AWGIX and AWMIX in my portfolio?

AWGIX and AWMIX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AWGIX or AWMIX?

AWGIX has higher volatility (4.50%) compared to AWMIX (3.68%). In terms of maximum drawdown, AWGIX dropped -52.83% vs AWMIX's -37.53%.

Which has better risk-adjusted returns?

AWGIX currently has the higher Sharpe Ratio (0.66 vs 0.65), 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.