MAWIX vs. TPINX
MAWIX (BlackRock Strategic Global Bond Fund) and TPINX (Templeton Global Bond Fund) are both Global Bonds funds. Over the past 10 years, MAWIX returned 1.60%/yr vs 0.20%/yr for TPINX. Their 0.33 correlation means their historical movements had little consistent relationship. MAWIX charges 0.57%/yr vs 0.94%/yr for TPINX.
Performance
MAWIX vs. TPINX - Performance Comparison
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Returns By Period
In the year-to-date period, MAWIX achieves a 0.07% return, which is significantly lower than TPINX's 3.06% return. Over the past 10 years, MAWIX has outperformed TPINX with an annualized return of 1.60%, while TPINX has yielded a comparatively lower 0.20% annualized return.
MAWIX
- 1D
- 0.38%
- 1M
- -1.13%
- 6M
- -1.03%
- YTD
- 0.07%
- 1Y
- 2.52%
- 3Y*
- 4.33%
- 5Y*
- -0.59%
- 10Y*
- 1.60%
- ALL TIME*
- 3.57%
TPINX
- 1D
- 1.27%
- 1M
- 1.33%
- 6M
- 0.36%
- YTD
- 3.06%
- 1Y
- 6.42%
- 3Y*
- 1.95%
- 5Y*
- -0.27%
- 10Y*
- 0.20%
- ALL TIME*
- 4.87%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MAWIX vs. TPINX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MAWIX BlackRock Strategic Global Bond Fund | 0.07% | 8.49% | 0.43% | 6.58% | -15.37% | -1.07% | 9.05% | 8.35% | -0.81% | 7.31% |
TPINX Templeton Global Bond Fund | 3.06% | 15.02% | -11.95% | 2.45% | -6.17% | -5.06% | -4.41% | 0.63% | 1.26% | 2.36% |
Correlation
The correlation between MAWIX and TPINX is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.74 |
Correlation (3Y) Balances recent behavior with more history. | 0.76 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.72 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.38 |
Correlation (All Time) Calculated using the full available price history since May 31, 1996 | 0.33 |
Over the past year, MAWIX and TPINX have become more correlated (0.74) than their long-term average of 0.33, meaning their price movements have been converging.
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Return for Risk
MAWIX vs. TPINX — Risk / Return Rank
MAWIX
TPINX
MAWIX vs. TPINX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Strategic Global Bond Fund (MAWIX) and Templeton Global Bond Fund (TPINX). 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.
| MAWIX | TPINX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.18 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.85 | 1.13 | -0.29 |
| Martin ratioReturn relative to average drawdown | 2.48 | 3.24 | -0.76 |
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Drawdowns
MAWIX vs. TPINX - Drawdown Comparison
The maximum MAWIX drawdown since its inception was -32.07%, which is greater than TPINX's maximum drawdown of -26.45%. Use the drawdown chart below to compare losses from any high point for MAWIX and TPINX.
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Drawdown Indicators
| MAWIX | TPINX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.07% | -26.45% | -5.62% |
Max Drawdown (1Y)Largest decline over 1 year | -4.39% | -6.36% | +1.97% |
Max Drawdown (3Y)Largest decline over 3 years | -4.68% | -13.03% | +8.35% |
Max Drawdown (5Y)Largest decline over 5 years | -20.79% | -17.85% | -2.94% |
Max Drawdown (10Y)Largest decline over 10 years | -20.79% | -26.45% | +5.66% |
Current DrawdownCurrent decline from peak | -3.09% | -12.26% | +9.17% |
Average DrawdownAverage peak-to-trough decline | -5.89% | -4.87% | -1.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.50% | 2.22% | -0.72% |
Volatility
MAWIX vs. TPINX - Volatility Comparison
The current volatility for BlackRock Strategic Global Bond Fund (MAWIX) is 1.18%, while Templeton Global Bond Fund (TPINX) has a volatility of 1.96%. This indicates that MAWIX experiences smaller price fluctuations and is considered to be less risky than TPINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAWIX | TPINX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.18% | 1.96% | -0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 3.74% | 6.10% | -2.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.64% | 7.32% | -2.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.43% | 8.17% | -2.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.81% | 7.15% | -2.34% |
MAWIX vs. TPINX - Expense Ratio Comparison
MAWIX has a 0.57% expense ratio, which is lower than TPINX's 0.94% expense ratio.
Dividends
MAWIX vs. TPINX - Dividend Comparison
MAWIX's dividend yield for the trailing twelve months is around 4.26%, less than TPINX's 4.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAWIX BlackRock Strategic Global Bond Fund | 4.26% | 4.32% | 2.93% | 2.65% | 2.38% | 1.81% | 4.68% | 2.62% | 2.61% | 3.13% | 2.73% | 5.77% |
TPINX Templeton Global Bond Fund | 4.97% | 4.29% | 5.77% | 3.87% | 5.17% | 5.38% | 4.59% | 6.12% | 6.53% | 3.34% | 2.33% | 3.11% |
Frequently Asked Questions
MAWIX and TPINX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TPINX has higher volatility (1.96%) compared to MAWIX (1.18%). In terms of maximum drawdown, MAWIX dropped -32.07% vs TPINX's -26.45%.
TPINX currently has the higher Sharpe Ratio (0.99 vs 0.81), 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.
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