GWMEX vs. MBDFX
Compare and contrast key facts about AMG GW&K Municipal Enhanced Yield Fund (GWMEX) and AMG GW&K Core Bond ESG Fund (MBDFX).
GWMEX is managed by AMG. It was launched on Dec 29, 2005. MBDFX is managed by AMG. It was launched on Apr 30, 1993.
Performance
GWMEX vs. MBDFX - Performance Comparison
Loading graphics...
GWMEX vs. MBDFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GWMEX AMG GW&K Municipal Enhanced Yield Fund | -1.47% | 2.50% | 2.61% | 10.89% | -17.86% | 15.05% | 6.32% | 12.51% | -0.06% | 9.79% |
MBDFX AMG GW&K Core Bond ESG Fund | -0.93% | 7.29% | 1.24% | 5.73% | -13.85% | -3.34% | 7.33% | 9.70% | -1.11% | 3.88% |
Returns By Period
In the year-to-date period, GWMEX achieves a -1.47% return, which is significantly lower than MBDFX's -0.93% return. Over the past 10 years, GWMEX has outperformed MBDFX with an annualized return of 3.39%, while MBDFX has yielded a comparatively lower 1.31% annualized return.
GWMEX
- 1D
- 0.35%
- 1M
- -3.61%
- YTD
- -1.47%
- 6M
- 0.39%
- 1Y
- 2.09%
- 3Y*
- 3.07%
- 5Y*
- 1.70%
- 10Y*
- 3.39%
MBDFX
- 1D
- 0.56%
- 1M
- -2.70%
- YTD
- -0.93%
- 6M
- 0.00%
- 1Y
- 3.46%
- 3Y*
- 3.27%
- 5Y*
- -0.45%
- 10Y*
- 1.31%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GWMEX vs. MBDFX - Expense Ratio Comparison
GWMEX has a 0.64% expense ratio, which is higher than MBDFX's 0.56% expense ratio.
Return for Risk
GWMEX vs. MBDFX — Risk / Return Rank
GWMEX
MBDFX
GWMEX vs. MBDFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AMG GW&K Municipal Enhanced Yield Fund (GWMEX) and AMG GW&K Core Bond ESG Fund (MBDFX). 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.
| GWMEX | MBDFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.32 | 0.85 | -0.53 |
Sortino ratioReturn per unit of downside risk | 0.47 | 1.19 | -0.72 |
Omega ratioGain probability vs. loss probability | 1.09 | 1.15 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.30 | 1.31 | -1.00 |
Martin ratioReturn relative to average drawdown | 0.79 | 4.39 | -3.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GWMEX | MBDFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.32 | 0.85 | -0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | -0.07 | +0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.26 | +0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.48 | +0.15 |
Correlation
The correlation between GWMEX and MBDFX is 0.48, 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.
Dividends
GWMEX vs. MBDFX - Dividend Comparison
GWMEX's dividend yield for the trailing twelve months is around 3.48%, more than MBDFX's 3.43% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GWMEX AMG GW&K Municipal Enhanced Yield Fund | 3.48% | 3.67% | 3.38% | 3.10% | 3.33% | 13.26% | 3.63% | 4.59% | 5.82% | 2.97% | 7.96% | 4.77% |
MBDFX AMG GW&K Core Bond ESG Fund | 3.43% | 3.66% | 3.50% | 2.92% | 2.16% | 2.35% | 1.84% | 2.40% | 2.30% | 2.10% | 2.06% | 4.17% |
Drawdowns
GWMEX vs. MBDFX - Drawdown Comparison
The maximum GWMEX drawdown since its inception was -36.30%, which is greater than MBDFX's maximum drawdown of -20.66%. Use the drawdown chart below to compare losses from any high point for GWMEX and MBDFX.
Loading graphics...
Drawdown Indicators
| GWMEX | MBDFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.30% | -20.66% | -15.64% |
Max Drawdown (1Y)Largest decline over 1 year | -7.14% | -3.24% | -3.90% |
Max Drawdown (5Y)Largest decline over 5 years | -24.06% | -20.54% | -3.52% |
Max Drawdown (10Y)Largest decline over 10 years | -24.06% | -20.66% | -3.40% |
Current DrawdownCurrent decline from peak | -5.69% | -5.35% | -0.34% |
Average DrawdownAverage peak-to-trough decline | -5.72% | -3.96% | -1.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 0.97% | +1.79% |
Volatility
GWMEX vs. MBDFX - Volatility Comparison
AMG GW&K Municipal Enhanced Yield Fund (GWMEX) has a higher volatility of 1.73% compared to AMG GW&K Core Bond ESG Fund (MBDFX) at 1.64%. This indicates that GWMEX's price experiences larger fluctuations and is considered to be riskier than MBDFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GWMEX | MBDFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.73% | 1.64% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 2.41% | 2.64% | -0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.30% | 4.40% | +2.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.77% | 6.13% | +1.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.73% | 5.05% | +1.68% |