GNXIX vs. VTWAX

Last updated Jul 17, 2026

GNXIX (AlphaCentric Robotics and Automation Fund) and VTWAX (Vanguard Total World Stock Index Fund Admiral Shares) are both Global Equities funds. Over the past 5 years, GNXIX returned -0.28%/yr vs 10.86%/yr for VTWAX. A 0.73 correlation means they provide meaningful diversification when combined. GNXIX charges 1.40%/yr vs 0.09%/yr for VTWAX.

Performance

GNXIX vs. VTWAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AlphaCentric Robotics and Automation Fund (GNXIX) and Vanguard Total World Stock Index Fund Admiral Shares (VTWAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GNXIX achieves a -13.26% return, which is significantly lower than VTWAX's 11.38% return.

GNXIX

• 1D: -1.01%
• 1M: -13.54%
• 6M: -26.88%
• YTD: -13.26%
• 1Y: -7.22%
• 3Y*: 8.24%
• 5Y*: -0.28%
• 10Y*: —

VTWAX

• 1D: -0.68%
• 1M: 0.26%
• 6M: 8.44%
• YTD: 11.38%
• 1Y: 22.29%
• 3Y*: 18.61%
• 5Y*: 10.86%
• 10Y*: —

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

GNXIX vs. VTWAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
GNXIX AlphaCentric Robotics and Automation Fund	-13.26%	22.71%	24.96%	7.21%	-32.53%	5.95%	40.26%	12.43%
VTWAX Vanguard Total World Stock Index Fund Admiral Shares	11.38%	22.43%	16.43%	21.85%	-18.02%	18.17%	16.67%	17.53%

Correlation

The correlation between GNXIX and VTWAX is 0.63, 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	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (All Time) Calculated using the full available price history since Feb 7, 2019	0.73

The correlation between GNXIX and VTWAX has been stable across timeframes, ranging from 0.63 to 0.73 - a consistent structural relationship.

Return for Risk

GNXIX vs. VTWAX — Risk / Return Rank

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

GNXIX

GNXIX Risk / Return Rank: 3
GNXIX Sharpe Ratio Rank: 2
GNXIX Sortino Ratio Rank: 3
GNXIX Omega Ratio Rank: 3
GNXIX Calmar Ratio Rank: 2
GNXIX Martin Ratio Rank: 2

VTWAX

VTWAX Risk / Return Rank: 55
VTWAX Sharpe Ratio Rank: 53
VTWAX Sortino Ratio Rank: 51
VTWAX Omega Ratio Rank: 52
VTWAX Calmar Ratio Rank: 54
VTWAX Martin Ratio Rank: 64

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.

GNXIX vs. VTWAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AlphaCentric Robotics and Automation Fund (GNXIX) and Vanguard Total World Stock Index Fund Admiral Shares (VTWAX). 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.

	GNXIX	VTWAX	Difference
Sharpe ratio: Return per unit of total volatility	-0.11	1.73	-1.84
Sortino ratio: Return per unit of downside risk	0.13	2.39	-2.26
Omega ratio: Gain probability vs. loss probability	1.01	1.31	-0.30
Calmar ratio: Return relative to maximum drawdown	-0.15	2.39	-2.54
Martin ratio: Return relative to average drawdown	-0.31	10.22	-10.53

GNXIX vs. VTWAX - Sharpe Ratio Comparison

The current GNXIX Sharpe Ratio is -0.11, which is lower than the VTWAX Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of GNXIX and VTWAX, 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

GNXIX vs. VTWAX - Drawdown Comparison

The maximum GNXIX drawdown since its inception was -46.17%, which is greater than VTWAX's maximum drawdown of -34.20%. Use the drawdown chart below to compare losses from any high point for GNXIX and VTWAX.

Drawdown Indicators

	GNXIX	VTWAX	Difference
Max Drawdown Largest peak-to-trough decline	-46.17%	-34.20%	-11.97%
Max Drawdown (1Y) Largest decline over 1 year	-30.56%	-9.64%	-20.92%
Max Drawdown (3Y) Largest decline over 3 years	-30.69%	-16.43%	-14.26%
Max Drawdown (5Y) Largest decline over 5 years	-45.91%	-26.40%	-19.51%
Current Drawdown Current decline from peak	-28.62%	-1.57%	-27.05%
Average Drawdown Average peak-to-trough decline	-17.17%	-5.24%	-11.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.39%	2.25%	+12.14%

Volatility

GNXIX vs. VTWAX - Volatility Comparison

AlphaCentric Robotics and Automation Fund (GNXIX) has a higher volatility of 10.84% compared to Vanguard Total World Stock Index Fund Admiral Shares (VTWAX) at 3.88%. This indicates that GNXIX's price experiences larger fluctuations and is considered to be riskier than VTWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GNXIX	VTWAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.84%	3.88%	+6.96%
Volatility (6M) Calculated over the trailing 6-month period	30.73%	11.17%	+19.56%
Volatility (1Y) Calculated over the trailing 1-year period	40.60%	13.36%	+27.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.17%	15.87%	+12.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.63%	18.18%	+6.45%

GNXIX vs. VTWAX - Expense Ratio Comparison

GNXIX has a 1.40% expense ratio, which is higher than VTWAX's 0.09% expense ratio.

Dividends

GNXIX vs. VTWAX - Dividend Comparison

GNXIX's dividend yield for the trailing twelve months is around 1.37%, less than VTWAX's 1.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
GNXIX AlphaCentric Robotics and Automation Fund	1.37%	1.19%	0.00%	0.00%	5.18%	4.23%	0.00%	0.00%	3.38%	1.85%
VTWAX Vanguard Total World Stock Index Fund Admiral Shares	1.56%	1.80%	1.92%	2.06%	2.17%	1.79%	1.64%	2.28%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GNXIX and VTWAX in my portfolio?

GNXIX and VTWAX have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GNXIX or VTWAX?

GNXIX has higher volatility (10.84%) compared to VTWAX (3.88%). In terms of maximum drawdown, GNXIX dropped -46.17% vs VTWAX's -34.20%.

Which has better risk-adjusted returns?

VTWAX currently has the higher Sharpe Ratio (1.73 vs -0.11), 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.