AWGIX vs. AWYIX

Last updated Jun 23, 2026

AWGIX (CIBC Atlas All Cap Growth Fund) and AWYIX (CIBC Atlas Equity Income Fund) are both Large Cap Growth Equities funds from CIBC Private Wealth Management. Over the past 5 years, AWGIX returned 8.02%/yr vs 7.96%/yr for AWYIX. Their correlation of 0.83 suggests significant overlap in exposure. AWGIX charges 0.96%/yr vs 0.95%/yr for AWYIX.

Performance

AWGIX vs. AWYIX - 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 Equity Income Fund (AWYIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AWGIX achieves a 9.49% return, which is significantly higher than AWYIX's 1.46% return.

AWGIX

• 1D: 1.67%
• 1M: 3.59%
• YTD: 9.49%
• 6M: 8.52%
• 1Y: 12.86%
• 3Y*: 15.07%
• 5Y*: 8.02%
• 10Y*: 12.16%

AWYIX

• 1D: -0.30%
• 1M: -0.86%
• YTD: 1.46%
• 6M: 0.83%
• 1Y: 9.21%
• 3Y*: 11.98%
• 5Y*: 7.96%
• 10Y*: —

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

AWGIX vs. AWYIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
AWGIX CIBC Atlas All Cap Growth Fund	9.49%	6.07%	13.44%	35.47%	-29.76%	25.42%	29.80%	36.12%	-7.02%
AWYIX CIBC Atlas Equity Income Fund	1.46%	7.66%	18.19%	16.39%	-15.59%	29.51%	12.75%	35.07%	1.12%

Correlation

The correlation between AWGIX and AWYIX is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (All Time) Calculated using the full available price history since Mar 27, 2018	0.83

Over the past year, the correlation between AWGIX and AWYIX has dropped to 0.61 - well below their long-term average of 0.83, suggesting their price drivers have been diverging.

Return for Risk

AWGIX vs. AWYIX — Risk / Return Rank

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

AWGIX

AWGIX Risk / Return Rank: 9
AWGIX Sharpe Ratio Rank: 9
AWGIX Sortino Ratio Rank: 9
AWGIX Omega Ratio Rank: 9
AWGIX Calmar Ratio Rank: 8
AWGIX Martin Ratio Rank: 9

AWYIX

AWYIX Risk / Return Rank: 13
AWYIX Sharpe Ratio Rank: 12
AWYIX Sortino Ratio Rank: 12
AWYIX Omega Ratio Rank: 11
AWYIX Calmar Ratio Rank: 12
AWYIX Martin Ratio Rank: 16

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. AWYIX - 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 Equity Income Fund (AWYIX). 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.

	AWGIX	AWYIX	Difference
Sharpe ratio: Return per unit of total volatility	0.72	0.90	-0.18
Sortino ratio: Return per unit of downside risk	1.11	1.33	-0.22
Omega ratio: Gain probability vs. loss probability	1.14	1.16	-0.02
Calmar ratio: Return relative to maximum drawdown	0.74	1.10	-0.36
Martin ratio: Return relative to average drawdown	2.33	4.07	-1.74

AWGIX vs. AWYIX - Sharpe Ratio Comparison

The current AWGIX Sharpe Ratio is 0.72, which is comparable to the AWYIX Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of AWGIX and AWYIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AWGIX vs. AWYIX - Drawdown Comparison

The maximum AWGIX drawdown since its inception was -52.83%, which is greater than AWYIX's maximum drawdown of -35.79%. Use the drawdown chart below to compare losses from any high point for AWGIX and AWYIX.

Drawdown Indicators

	AWGIX	AWYIX	Difference
Max Drawdown Largest peak-to-trough decline	-52.83%	-35.79%	-17.04%
Max Drawdown (1Y) Largest decline over 1 year	-17.32%	-8.35%	-8.97%
Max Drawdown (3Y) Largest decline over 3 years	-27.79%	-18.72%	-9.07%
Max Drawdown (5Y) Largest decline over 5 years	-33.79%	-19.82%	-13.97%
Max Drawdown (10Y) Largest decline over 10 years	-34.47%	—	—
Current Drawdown Current decline from peak	-0.39%	-1.60%	+1.21%
Average Drawdown Average peak-to-trough decline	-12.35%	-5.00%	-7.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.47%	2.24%	+3.23%

Volatility

AWGIX vs. AWYIX - Volatility Comparison

CIBC Atlas All Cap Growth Fund (AWGIX) has a higher volatility of 6.97% compared to CIBC Atlas Equity Income Fund (AWYIX) at 3.21%. This indicates that AWGIX's price experiences larger fluctuations and is considered to be riskier than AWYIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AWGIX	AWYIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.97%	3.21%	+3.76%
Volatility (6M) Calculated over the trailing 6-month period	14.13%	7.69%	+6.44%
Volatility (1Y) Calculated over the trailing 1-year period	17.70%	10.16%	+7.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.64%	14.45%	+6.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.19%	17.85%	+3.34%

AWGIX vs. AWYIX - Expense Ratio Comparison

AWGIX has a 0.96% expense ratio, which is higher than AWYIX's 0.95% expense ratio.

Dividends

AWGIX vs. AWYIX - Dividend Comparison

AWGIX's dividend yield for the trailing twelve months is around 5.15%, more than AWYIX's 2.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AWGIX CIBC Atlas All Cap Growth Fund	5.15%	5.64%	2.60%	1.17%	6.87%	11.20%	7.87%	10.11%	20.24%
AWYIX CIBC Atlas Equity Income Fund	2.15%	1.74%	5.77%	1.80%	3.23%	6.35%	6.87%	3.82%	6.79%

Frequently Asked Questions

Can I hold both AWGIX and AWYIX in my portfolio?

AWGIX and AWYIX have a correlation of 0.61, 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 AWYIX?

AWGIX has higher volatility (6.97%) compared to AWYIX (3.21%). In terms of maximum drawdown, AWGIX dropped -52.83% vs AWYIX's -35.79%.

Which has better risk-adjusted returns?

AWYIX currently has the higher Sharpe Ratio (0.90 vs 0.72), 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.