AWMIX vs. VOE

Last updated Apr 1, 2026

Compare and contrast key facts about CIBC Atlas Mid Cap Equity Fund (AWMIX) and Vanguard Mid-Cap Value ETF (VOE).

AWMIX is managed by CIBC Private Wealth Management. It was launched on Jun 27, 2014. VOE is a passively managed fund by Vanguard that tracks the performance of the CRSP US Mid Cap Value Index. It was launched on Aug 17, 2006.

Performance

AWMIX vs. VOE - Performance Comparison

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

AWMIX vs. VOE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AWMIX CIBC Atlas Mid Cap Equity Fund	-5.30%	2.14%	4.16%	19.63%	-23.66%	19.86%	18.38%	34.57%	-6.76%	20.87%
VOE Vanguard Mid-Cap Value ETF	4.46%	12.08%	14.00%	9.85%	-7.97%	28.78%	2.65%	27.85%	-12.48%	17.07%

Returns By Period

In the year-to-date period, AWMIX achieves a -5.30% return, which is significantly lower than VOE's 4.46% return. Over the past 10 years, AWMIX has underperformed VOE with an annualized return of 7.41%, while VOE has yielded a comparatively higher 10.21% annualized return.

AWMIX

• 1D: -0.99%
• 1M: -9.82%
• YTD: -5.30%
• 6M: -8.78%
• 1Y: 3.06%
• 3Y*: 4.14%
• 5Y*: 1.44%
• 10Y*: 7.41%

VOE

• 1D: 1.55%
• 1M: -4.65%
• YTD: 4.46%
• 6M: 6.69%
• 1Y: 17.22%
• 3Y*: 13.73%
• 5Y*: 8.61%
• 10Y*: 10.21%

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

AWMIX vs. VOE - Expense Ratio Comparison

AWMIX has a 0.83% expense ratio, which is higher than VOE's 0.07% expense ratio.

AWMIX

CIBC Atlas Mid Cap Equity Fund

VOE

Vanguard Mid-Cap Value ETF

Return for Risk

AWMIX vs. VOE — Risk / Return Rank

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

AWMIX

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

VOE

VOE Risk / Return Rank: 65
VOE Sharpe Ratio Rank: 63
VOE Sortino Ratio Rank: 63
VOE Omega Ratio Rank: 63
VOE Calmar Ratio Rank: 63
VOE Martin Ratio Rank: 72

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.

AWMIX vs. VOE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CIBC Atlas Mid Cap Equity Fund (AWMIX) and Vanguard Mid-Cap Value ETF (VOE). 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.

	AWMIX	VOE	Difference
Sharpe ratio Return per unit of total volatility	0.16	1.05	-0.89
Sortino ratio Return per unit of downside risk	0.38	1.53	-1.15
Omega ratio Gain probability vs. loss probability	1.05	1.22	-0.17
Calmar ratio Return relative to maximum drawdown	0.09	1.47	-1.38
Martin ratio Return relative to average drawdown	0.34	6.87	-6.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AWMIX vs. VOE - Sharpe Ratio Comparison

The current AWMIX Sharpe Ratio is 0.16, which is lower than the VOE Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of AWMIX and VOE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AWMIX	VOE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.16	1.05	-0.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	0.54	-0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.54	-0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.43	-0.05

Correlation

The correlation between AWMIX and VOE is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

AWMIX vs. VOE - Dividend Comparison

AWMIX's dividend yield for the trailing twelve months is around 11.88%, more than VOE's 1.99% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AWMIX CIBC Atlas Mid Cap Equity Fund	11.88%	11.25%	0.00%	4.34%	1.57%	10.46%	2.48%	0.00%	0.00%	0.00%	1.34%	0.09%
VOE Vanguard Mid-Cap Value ETF	1.99%	2.10%	2.11%	2.27%	2.27%	1.78%	2.36%	2.05%	2.75%	1.86%	1.92%	2.05%

Drawdowns

AWMIX vs. VOE - Drawdown Comparison

The maximum AWMIX drawdown since its inception was -37.53%, smaller than the maximum VOE drawdown of -61.50%. Use the drawdown chart below to compare losses from any high point for AWMIX and VOE.

Drawdown Indicators

	AWMIX	VOE	Difference
Max Drawdown Largest peak-to-trough decline	-37.53%	-61.50%	+23.97%
Max Drawdown (1Y) Largest decline over 1 year	-13.24%	-12.42%	-0.82%
Max Drawdown (5Y) Largest decline over 5 years	-29.81%	-19.70%	-10.11%
Max Drawdown (10Y) Largest decline over 10 years	-37.53%	-43.18%	+5.65%
Current Drawdown Current decline from peak	-16.37%	-4.73%	-11.64%
Average Drawdown Average peak-to-trough decline	-7.31%	-8.42%	+1.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.52%	2.67%	+0.85%

Volatility

AWMIX vs. VOE - Volatility Comparison

CIBC Atlas Mid Cap Equity Fund (AWMIX) has a higher volatility of 5.18% compared to Vanguard Mid-Cap Value ETF (VOE) at 4.23%. This indicates that AWMIX's price experiences larger fluctuations and is considered to be riskier than VOE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AWMIX	VOE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.18%	4.23%	+0.95%
Volatility (6M) Calculated over the trailing 6-month period	11.04%	8.78%	+2.26%
Volatility (1Y) Calculated over the trailing 1-year period	20.26%	16.48%	+3.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.85%	16.11%	+3.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.16%	18.84%	+1.32%