AWWIX vs. AWMIX

Last updated Aug 1, 2026

AWWIX (CIBC Atlas International Growth Fund) and AWMIX (CIBC Atlas Mid Cap Equity Fund) are both mutual funds - AWWIX is a Foreign Large Cap 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 5 years, AWWIX returned 6.54%/yr vs 1.98%/yr for AWMIX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. AWWIX charges 0.94%/yr vs 0.83%/yr for AWMIX.

Performance

AWWIX vs. AWMIX - Performance Comparison

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

Returns By Period

In the year-to-date period, AWWIX achieves a 6.07% return, which is significantly lower than AWMIX's 7.80% return.

AWWIX

• 1D: 2.57%
• 1M: 1.24%
• 6M: 2.39%
• YTD: 6.07%
• 1Y: 16.27%
• 3Y*: 12.31%
• 5Y*: 6.54%
• 10Y*: —
• ALL TIME*: 8.83%

AWMIX

• 1D: 1.42%
• 1M: -1.23%
• 6M: 5.97%
• YTD: 7.80%
• 1Y: 5.10%
• 3Y*: 5.98%
• 5Y*: 1.98%
• 10Y*: 8.40%
• ALL TIME*: 8.35%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AWMIX CIBC Atlas Mid Cap Equity Fund	$0.00	$0.00	$0.00
AWWIX CIBC Atlas International Growth Fund	$0.00	$0.00	$0.00

AWWIX vs. AWMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AWWIX CIBC Atlas International Growth Fund	6.07%	26.10%	5.39%	15.31%	-14.12%	2.01%	17.03%	9.68%
AWMIX CIBC Atlas Mid Cap Equity Fund	7.80%	2.14%	4.16%	19.63%	-23.66%	19.86%	18.38%	10.52%

Correlation

The correlation between AWWIX and AWMIX is 0.75, 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.	0.75
Correlation (3Y) Balances recent behavior with more history.	0.70
Correlation (5Y) Shows whether the relationship held over a longer period.	0.74
Correlation (All Time) Calculated using the full available price history since Jun 13, 2019	0.76

The correlation between AWWIX and AWMIX has been stable across timeframes, ranging from 0.70 to 0.76 - a consistent structural relationship.

Return for Risk

AWWIX vs. AWMIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AWWIX

AWWIX Risk / Return Rank: 26
AWWIX Sharpe Ratio Rank: 26
AWWIX Sortino Ratio Rank: 27
AWWIX Omega Ratio Rank: 26
AWWIX Calmar Ratio Rank: 25
AWWIX Martin Ratio Rank: 27

AWMIX

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AWWIX vs. AWMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CIBC Atlas International Growth Fund (AWWIX) 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.

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.

	AWWIX	AWMIX	Difference
Sharpe ratio: Return per unit of total volatility	0.89	0.14	+0.74
Sortino ratio: Return per unit of downside risk	1.34	0.32	+1.02
Omega ratio: Gain probability vs. loss probability	1.17	1.04	+0.13
Calmar ratio: Return relative to maximum drawdown	1.17	0.21	+0.96
Martin ratio: Return relative to average drawdown	3.88	0.69	+3.19

AWWIX vs. AWMIX - Sharpe Ratio Comparison

The current AWWIX Sharpe Ratio is 0.89, which is higher than the AWMIX Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of AWWIX 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.

Drawdowns

AWWIX vs. AWMIX - Drawdown Comparison

The maximum AWWIX drawdown since its inception was -32.98%, smaller than the maximum AWMIX drawdown of -37.53%. Use the drawdown chart below to compare losses from any high point for AWWIX and AWMIX.

Drawdown Indicators

	AWWIX	AWMIX	Difference
Max Drawdown Largest peak-to-trough decline	-32.98%	-37.53%	+4.55%
Max Drawdown (1Y) Largest decline over 1 year	-12.25%	-10.42%	-1.83%
Max Drawdown (3Y) Largest decline over 3 years	-14.78%	-28.10%	+13.32%
Max Drawdown (5Y) Largest decline over 5 years	-30.35%	-29.81%	-0.54%
Max Drawdown (10Y) Largest decline over 10 years	—	-37.53%	—
Current Drawdown Current decline from peak	-0.58%	-4.80%	+4.22%
Average Drawdown Average peak-to-trough decline	-6.65%	-7.29%	+0.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.69%	3.27%	+0.42%

Volatility

AWWIX vs. AWMIX - Volatility Comparison

CIBC Atlas International Growth Fund (AWWIX) has a higher volatility of 4.96% compared to CIBC Atlas Mid Cap Equity Fund (AWMIX) at 3.59%. This indicates that AWWIX'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

	AWWIX	AWMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.96%	3.59%	+1.37%
Volatility (6M) Calculated over the trailing 6-month period	13.57%	12.45%	+1.12%
Volatility (1Y) Calculated over the trailing 1-year period	16.25%	15.74%	+0.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.18%	20.03%	-2.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.80%	20.22%	-1.42%

AWWIX vs. AWMIX - Expense Ratio Comparison

AWWIX has a 0.94% expense ratio, which is higher than AWMIX's 0.83% expense ratio.

Dividends

AWWIX vs. AWMIX - Dividend Comparison

AWWIX's dividend yield for the trailing twelve months is around 0.68%, less than AWMIX's 10.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AWMIX CIBC Atlas Mid Cap Equity Fund	10.44%	11.25%	0.00%	4.34%	1.57%	10.46%	2.48%	0.00%	0.00%	0.00%	1.34%	0.09%
AWWIX CIBC Atlas International Growth Fund	0.68%	0.73%	1.14%	1.16%	1.53%	1.97%	0.26%	0.11%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AWWIX and AWMIX in my portfolio?

AWWIX and AWMIX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AWWIX or AWMIX?

AWWIX has higher volatility (4.96%) compared to AWMIX (3.59%). In terms of maximum drawdown, AWWIX dropped -32.98% vs AWMIX's -37.53%.

Which has better risk-adjusted returns?

AWWIX currently has the higher Sharpe Ratio (0.89 vs 0.14), 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.