CWFIX vs. CWSIX

Last updated Jun 23, 2026

CWFIX (Chartwell Short Duration High Yield Fund) and CWSIX (Chartwell Small Cap Value Fund) are both mutual funds - CWFIX is a High Yield Bonds fund managed by Carillon Family of Funds, while CWSIX is a Small Cap Value Equities fund managed by Carillon Family of Funds. Over the past 10 years, CWFIX returned 3.97%/yr vs 8.59%/yr for CWSIX. At a 0.37 correlation, their price movements are largely independent. CWFIX charges 0.49%/yr vs 1.05%/yr for CWSIX.

Performance

CWFIX vs. CWSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Chartwell Short Duration High Yield Fund (CWFIX) and Chartwell Small Cap Value Fund (CWSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CWFIX achieves a 1.61% return, which is significantly lower than CWSIX's 21.35% return. Over the past 10 years, CWFIX has underperformed CWSIX with an annualized return of 3.97%, while CWSIX has yielded a comparatively higher 8.59% annualized return.

CWFIX

• 1D: 0.00%
• 1M: 0.43%
• YTD: 1.61%
• 6M: 1.83%
• 1Y: 5.27%
• 3Y*: 6.45%
• 5Y*: 3.92%
• 10Y*: 3.97%

CWSIX

• 1D: 1.70%
• 1M: 4.91%
• YTD: 21.35%
• 6M: 19.00%
• 1Y: 35.55%
• 3Y*: 13.45%
• 5Y*: 7.55%
• 10Y*: 8.59%

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

CWFIX vs. CWSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CWFIX Chartwell Short Duration High Yield Fund	1.61%	6.99%	5.78%	7.80%	-3.17%	2.40%	4.38%	7.33%	0.36%	3.06%
CWSIX Chartwell Small Cap Value Fund	21.35%	-0.50%	11.09%	12.36%	-9.72%	24.32%	-5.58%	24.58%	-12.73%	8.68%

Correlation

The correlation between CWFIX and CWSIX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (10Y) Calculated over the trailing 10-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jul 16, 2014	0.37

The correlation between CWFIX and CWSIX shifts across timeframes, from 0.37 (all time) to 0.50 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

CWFIX vs. CWSIX — Risk / Return Rank

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

CWFIX

CWFIX Risk / Return Rank: 97
CWFIX Sharpe Ratio Rank: 98
CWFIX Sortino Ratio Rank: 98
CWFIX Omega Ratio Rank: 97
CWFIX Calmar Ratio Rank: 93
CWFIX Martin Ratio Rank: 97

CWSIX

CWSIX Risk / Return Rank: 48
CWSIX Sharpe Ratio Rank: 45
CWSIX Sortino Ratio Rank: 48
CWSIX Omega Ratio Rank: 40
CWSIX Calmar Ratio Rank: 61
CWSIX Martin Ratio Rank: 46

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.

CWFIX vs. CWSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chartwell Short Duration High Yield Fund (CWFIX) and Chartwell Small Cap Value Fund (CWSIX). 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.

	CWFIX	CWSIX	Difference
Sharpe ratio: Return per unit of total volatility	3.58	1.81	+1.76
Sortino ratio: Return per unit of downside risk	5.91	2.69	+3.22
Omega ratio: Gain probability vs. loss probability	1.98	1.31	+0.66
Calmar ratio: Return relative to maximum drawdown	4.78	2.86	+1.91
Martin ratio: Return relative to average drawdown	25.56	9.10	+16.46

CWFIX vs. CWSIX - Sharpe Ratio Comparison

The current CWFIX Sharpe Ratio is 3.58, which is higher than the CWSIX Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of CWFIX and CWSIX, 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

CWFIX vs. CWSIX - Drawdown Comparison

The maximum CWFIX drawdown since its inception was -12.41%, smaller than the maximum CWSIX drawdown of -44.08%. Use the drawdown chart below to compare losses from any high point for CWFIX and CWSIX.

Drawdown Indicators

	CWFIX	CWSIX	Difference
Max Drawdown Largest peak-to-trough decline	-12.41%	-44.08%	+31.67%
Max Drawdown (1Y) Largest decline over 1 year	-1.13%	-12.47%	+11.34%
Max Drawdown (3Y) Largest decline over 3 years	-1.37%	-29.09%	+27.72%
Max Drawdown (5Y) Largest decline over 5 years	-6.36%	-29.09%	+22.73%
Max Drawdown (10Y) Largest decline over 10 years	-12.41%	-44.08%	+31.67%
Current Drawdown Current decline from peak	-0.10%	-0.07%	-0.03%
Average Drawdown Average peak-to-trough decline	-0.85%	-6.77%	+5.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.21%	3.92%	-3.71%

Volatility

CWFIX vs. CWSIX - Volatility Comparison

The current volatility for Chartwell Short Duration High Yield Fund (CWFIX) is 0.41%, while Chartwell Small Cap Value Fund (CWSIX) has a volatility of 5.45%. This indicates that CWFIX experiences smaller price fluctuations and is considered to be less risky than CWSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CWFIX	CWSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.41%	5.45%	-5.04%
Volatility (6M) Calculated over the trailing 6-month period	1.21%	13.69%	-12.48%
Volatility (1Y) Calculated over the trailing 1-year period	1.51%	19.69%	-18.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.76%	20.54%	-17.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.09%	22.74%	-19.65%

CWFIX vs. CWSIX - Expense Ratio Comparison

CWFIX has a 0.49% expense ratio, which is lower than CWSIX's 1.05% expense ratio.

Dividends

CWFIX vs. CWSIX - Dividend Comparison

CWFIX's dividend yield for the trailing twelve months is around 5.15%, less than CWSIX's 18.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CWFIX Chartwell Short Duration High Yield Fund	5.15%	5.17%	5.09%	4.41%	3.17%	2.79%	3.38%	3.60%	3.24%	2.82%	3.79%	3.32%
CWSIX Chartwell Small Cap Value Fund	18.40%	22.32%	41.77%	3.44%	1.20%	10.61%	0.74%	4.17%	8.19%	4.28%	0.47%	0.80%

Frequently Asked Questions

Can I hold both CWFIX and CWSIX in my portfolio?

CWFIX and CWSIX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CWFIX or CWSIX?

CWSIX has higher volatility (5.45%) compared to CWFIX (0.41%). In terms of maximum drawdown, CWFIX dropped -12.41% vs CWSIX's -44.08%.

Which has better risk-adjusted returns?

CWFIX currently has the higher Sharpe Ratio (3.58 vs 1.81), 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.