FWMIX vs. SABTX

Last updated Jun 25, 2026

FWMIX (American Funds Washington Mutual F3) and SABTX (SA U.S. Value Fund) are both Large Cap Value Equities funds. Over the past 5 years, FWMIX returned 12.29%/yr vs 11.40%/yr for SABTX. Their correlation of 0.86 suggests significant overlap in exposure. FWMIX charges 0.26%/yr vs 0.73%/yr for SABTX.

Performance

FWMIX vs. SABTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Washington Mutual F3 (FWMIX) and SA U.S. Value Fund (SABTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FWMIX achieves a 5.31% return, which is significantly lower than SABTX's 17.93% return.

FWMIX

• 1D: -0.29%
• 1M: -0.03%
• YTD: 5.31%
• 6M: 4.14%
• 1Y: 15.23%
• 3Y*: 18.12%
• 5Y*: 12.29%
• 10Y*: —

SABTX

• 1D: -0.89%
• 1M: 2.84%
• YTD: 17.93%
• 6M: 16.65%
• 1Y: 33.80%
• 3Y*: 19.64%
• 5Y*: 11.40%
• 10Y*: 11.90%

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

FWMIX vs. SABTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FWMIX American Funds Washington Mutual F3	5.31%	17.55%	19.35%	17.58%	-8.17%	28.85%	8.01%	25.14%	-5.90%	19.05%
SABTX SA U.S. Value Fund	17.93%	17.69%	11.32%	11.82%	-6.35%	27.06%	-2.04%	24.85%	-12.14%	16.85%

Correlation

The correlation between FWMIX and SABTX is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017	0.86

The correlation between FWMIX and SABTX shifts across timeframes, from 0.70 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FWMIX vs. SABTX — Risk / Return Rank

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

FWMIX

FWMIX Risk / Return Rank: 39
FWMIX Sharpe Ratio Rank: 38
FWMIX Sortino Ratio Rank: 38
FWMIX Omega Ratio Rank: 37
FWMIX Calmar Ratio Rank: 34
FWMIX Martin Ratio Rank: 45

SABTX

SABTX Risk / Return Rank: 94
SABTX Sharpe Ratio Rank: 97
SABTX Sortino Ratio Rank: 94
SABTX Omega Ratio Rank: 88
SABTX Calmar Ratio Rank: 97
SABTX Martin Ratio Rank: 96

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.

FWMIX vs. SABTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Washington Mutual F3 (FWMIX) and SA U.S. Value Fund (SABTX). 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.

	FWMIX	SABTX	Difference
Sharpe ratio: Return per unit of total volatility	1.57	3.21	-1.64
Sortino ratio: Return per unit of downside risk	2.25	4.46	-2.21
Omega ratio: Gain probability vs. loss probability	1.28	1.56	-0.27
Calmar ratio: Return relative to maximum drawdown	1.98	6.03	-4.06
Martin ratio: Return relative to average drawdown	8.53	21.72	-13.19

FWMIX vs. SABTX - Sharpe Ratio Comparison

The current FWMIX Sharpe Ratio is 1.57, which is lower than the SABTX Sharpe Ratio of 3.21. The chart below compares the historical Sharpe Ratios of FWMIX and SABTX, 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

FWMIX vs. SABTX - Drawdown Comparison

The maximum FWMIX drawdown since its inception was -34.65%, smaller than the maximum SABTX drawdown of -66.96%. Use the drawdown chart below to compare losses from any high point for FWMIX and SABTX.

Drawdown Indicators

	FWMIX	SABTX	Difference
Max Drawdown Largest peak-to-trough decline	-34.65%	-66.96%	+32.31%
Max Drawdown (1Y) Largest decline over 1 year	-8.34%	-6.36%	-1.98%
Max Drawdown (3Y) Largest decline over 3 years	-14.63%	-16.63%	+2.00%
Max Drawdown (5Y) Largest decline over 5 years	-18.46%	-20.42%	+1.96%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.00%	—
Current Drawdown Current decline from peak	-1.30%	-1.06%	-0.24%
Average Drawdown Average peak-to-trough decline	-3.64%	-11.30%	+7.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.93%	1.74%	+0.19%

Volatility

FWMIX vs. SABTX - Volatility Comparison

The current volatility for American Funds Washington Mutual F3 (FWMIX) is 2.91%, while SA U.S. Value Fund (SABTX) has a volatility of 4.07%. This indicates that FWMIX experiences smaller price fluctuations and is considered to be less risky than SABTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FWMIX	SABTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.91%	4.07%	-1.16%
Volatility (6M) Calculated over the trailing 6-month period	8.03%	8.70%	-0.67%
Volatility (1Y) Calculated over the trailing 1-year period	10.52%	12.00%	-1.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.11%	16.38%	-2.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.67%	19.14%	-2.47%

FWMIX vs. SABTX - Expense Ratio Comparison

FWMIX has a 0.26% expense ratio, which is lower than SABTX's 0.73% expense ratio.

Dividends

FWMIX vs. SABTX - Dividend Comparison

FWMIX's dividend yield for the trailing twelve months is around 10.15%, more than SABTX's 3.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FWMIX American Funds Washington Mutual F3	10.15%	10.38%	10.37%	6.43%	6.64%	6.34%	3.35%	6.40%	4.67%	7.54%	0.00%	0.00%
SABTX SA U.S. Value Fund	3.29%	3.88%	2.60%	1.67%	7.66%	4.25%	1.52%	5.14%	9.80%	10.36%	5.08%	6.83%

Frequently Asked Questions

Can I hold both FWMIX and SABTX in my portfolio?

FWMIX and SABTX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FWMIX or SABTX?

SABTX has higher volatility (4.07%) compared to FWMIX (2.91%). In terms of maximum drawdown, FWMIX dropped -34.65% vs SABTX's -66.96%.

Which has better risk-adjusted returns?

SABTX currently has the higher Sharpe Ratio (3.21 vs 1.57), 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.