CHTTX vs. GWMIX
CHTTX (AMG River Road Mid Cap Value Fund) and GWMIX (AMG GW&K Municipal Bond Fund) are both mutual funds - CHTTX is a Mid Cap Value Equities fund managed by AMG, while GWMIX is a Municipal Bonds fund managed by AMG. Over the past 10 years, CHTTX returned 8.97%/yr vs 2.23%/yr for GWMIX. At a correlation of -0.11, they often move in opposite directions. CHTTX charges 1.10%/yr vs 0.39%/yr for GWMIX.
Performance
CHTTX vs. GWMIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CHTTX achieves a 1.97% return, which is significantly higher than GWMIX's 1.18% return. Over the past 10 years, CHTTX has outperformed GWMIX with an annualized return of 8.97%, while GWMIX has yielded a comparatively lower 2.23% annualized return.
CHTTX
- 1D
- 1.45%
- 1M
- 2.90%
- YTD
- 1.97%
- 6M
- -0.00%
- 1Y
- -1.99%
- 3Y*
- 9.57%
- 5Y*
- 6.93%
- 10Y*
- 8.97%
GWMIX
- 1D
- 0.09%
- 1M
- 1.04%
- YTD
- 1.18%
- 6M
- 1.36%
- 1Y
- 7.02%
- 3Y*
- 3.49%
- 5Y*
- 1.71%
- 10Y*
- 2.23%
CHTTX vs. GWMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CHTTX AMG River Road Mid Cap Value Fund | 1.97% | -1.64% | 13.52% | 22.65% | -8.48% | 27.04% | 3.83% | 23.39% | -18.57% | 11.51% |
GWMIX AMG GW&K Municipal Bond Fund | 1.18% | 5.52% | 0.04% | 6.04% | -7.45% | 4.19% | 4.70% | 7.91% | 0.87% | 4.80% |
Correlation
The correlation between CHTTX and GWMIX is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2010 | -0.11 |
The correlation between CHTTX and GWMIX shifts across timeframes, from -0.11 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CHTTX vs. GWMIX — Risk / Return Rank
CHTTX
GWMIX
CHTTX vs. GWMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AMG River Road Mid Cap Value Fund (CHTTX) and AMG GW&K Municipal Bond Fund (GWMIX). 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.
| CHTTX | GWMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.78 | ||
| Sortino ratioReturn per unit of downside risk | -3.73 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.65 | -0.66 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 1.82 | -1.99 |
| Martin ratioReturn relative to average drawdown | -0.31 | 5.47 | -5.78 |
Loading charts...
Drawdowns
CHTTX vs. GWMIX - Drawdown Comparison
The maximum CHTTX drawdown since its inception was -58.30%, which is greater than GWMIX's maximum drawdown of -12.27%. Use the drawdown chart below to compare losses from any high point for CHTTX and GWMIX.
Loading charts...
Drawdown Indicators
| CHTTX | GWMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.30% | -12.27% | -46.03% |
Max Drawdown (1Y)Largest decline over 1 year | -17.80% | -3.89% | -13.91% |
Max Drawdown (3Y)Largest decline over 3 years | -17.80% | -5.41% | -12.39% |
Max Drawdown (5Y)Largest decline over 5 years | -20.38% | -12.27% | -8.11% |
Max Drawdown (10Y)Largest decline over 10 years | -42.58% | -12.27% | -30.31% |
Current DrawdownCurrent decline from peak | -12.16% | -1.43% | -10.73% |
Average DrawdownAverage peak-to-trough decline | -7.81% | -1.97% | -5.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.78% | 1.29% | +8.49% |
Volatility
CHTTX vs. GWMIX - Volatility Comparison
AMG River Road Mid Cap Value Fund (CHTTX) has a higher volatility of 3.65% compared to AMG GW&K Municipal Bond Fund (GWMIX) at 0.74%. This indicates that CHTTX's price experiences larger fluctuations and is considered to be riskier than GWMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CHTTX | GWMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.65% | 0.74% | +2.91% |
Volatility (6M)Calculated over the trailing 6-month period | 9.75% | 2.24% | +7.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.04% | 2.70% | +16.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.57% | 4.13% | +14.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.39% | 3.99% | +16.40% |
CHTTX vs. GWMIX - Expense Ratio Comparison
CHTTX has a 1.10% expense ratio, which is higher than GWMIX's 0.39% expense ratio.
Dividends
CHTTX vs. GWMIX - Dividend Comparison
CHTTX has not paid dividends to shareholders, while GWMIX's dividend yield for the trailing twelve months is around 2.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHTTX AMG River Road Mid Cap Value Fund | 0.00% | 0.00% | 14.37% | 0.40% | 9.34% | 105.09% | 5.66% | 13.63% | 8.79% | 6.59% | 4.51% | 5.97% |
GWMIX AMG GW&K Municipal Bond Fund | 2.71% | 2.86% | 2.60% | 2.11% | 1.89% | 5.75% | 1.82% | 2.19% | 1.88% | 1.64% | 3.38% | 3.01% |
Frequently Asked Questions
CHTTX and GWMIX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CHTTX has higher volatility (3.65%) compared to GWMIX (0.74%). In terms of maximum drawdown, CHTTX dropped -58.30% vs GWMIX's -12.27%.
GWMIX currently has the higher Sharpe Ratio (2.62 vs -0.16), 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.
Find the right allocation for CHTTX and GWMIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer