AZNIX vs. ARTFX
Compare and contrast key facts about Virtus Income & Growth Fund (AZNIX) and Artisan High Income Fund (ARTFX).
AZNIX is managed by Allianz Global Investors. It was launched on Feb 27, 2007. ARTFX is managed by Artisan Partners Funds. It was launched on Mar 19, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AZNIX or ARTFX.
Key characteristics
| AZNIX | ARTFX | |
|---|---|---|
| YTD Return | 4.06% | 1.84% |
| 1Y Return | 18.10% | 12.58% |
| 3Y Return (Ann) | 2.93% | 3.07% |
| 5Y Return (Ann) | 8.33% | 5.68% |
| 10Y Return (Ann) | 7.27% | 5.86% |
| Sharpe Ratio | 2.32 | 2.68 |
| Daily Std Dev | 7.57% | 4.59% |
| Max Drawdown | -44.08% | -21.42% |
| Current Drawdown | -1.87% | 0.00% |
Correlation
The correlation between AZNIX and ARTFX is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AZNIX vs. ARTFX - Performance Comparison
In the year-to-date period, AZNIX achieves a 4.06% return, which is significantly higher than ARTFX's 1.84% return. Over the past 10 years, AZNIX has outperformed ARTFX with an annualized return of 7.27%, while ARTFX has yielded a comparatively lower 5.86% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AZNIX vs. ARTFX - Expense Ratio Comparison
AZNIX has a 0.92% expense ratio, which is lower than ARTFX's 0.96% expense ratio.
Risk-Adjusted Performance
AZNIX vs. ARTFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Income & Growth Fund (AZNIX) and Artisan High Income Fund (ARTFX). 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.
Dividends
AZNIX vs. ARTFX - Dividend Comparison
AZNIX's dividend yield for the trailing twelve months is around 7.85%, more than ARTFX's 7.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AZNIX Virtus Income & Growth Fund | 7.85% | 7.96% | 7.78% | 6.21% | 6.59% | 7.72% | 9.24% | 8.53% | 9.55% | 9.33% | 8.41% | 8.15% |
ARTFX Artisan High Income Fund | 7.45% | 7.25% | 7.30% | 7.47% | 5.83% | 6.15% | 7.00% | 7.82% | 6.53% | 7.31% | 3.85% | 0.00% |
Drawdowns
AZNIX vs. ARTFX - Drawdown Comparison
The maximum AZNIX drawdown since its inception was -44.08%, which is greater than ARTFX's maximum drawdown of -21.42%. Use the drawdown chart below to compare losses from any high point for AZNIX and ARTFX. For additional features, visit the drawdowns tool.
Volatility
AZNIX vs. ARTFX - Volatility Comparison
Virtus Income & Growth Fund (AZNIX) has a higher volatility of 2.14% compared to Artisan High Income Fund (ARTFX) at 0.84%. This indicates that AZNIX's price experiences larger fluctuations and is considered to be riskier than ARTFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.