MBDFX vs. CRAIX
MBDFX (AMG GW&K Core Bond ESG Fund) and CRAIX (CCM Community Impact Bond Fund) are both Intermediate Core Bond funds. Over the past 10 years, MBDFX returned 0.99%/yr vs 0.90%/yr for CRAIX. Their correlation of 0.83 means they have usually moved in the same direction. MBDFX charges 0.56%/yr vs 0.88%/yr for CRAIX.
Performance
MBDFX vs. CRAIX - Performance Comparison
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Returns By Period
In the year-to-date period, MBDFX achieves a -1.16% return, which is significantly lower than CRAIX's -0.12% return. Over the past 10 years, MBDFX has outperformed CRAIX with an annualized return of 0.99%, while CRAIX has yielded a comparatively lower 0.90% annualized return.
MBDFX
- 1D
- 0.11%
- 1M
- -1.00%
- 6M
- -1.47%
- YTD
- -1.16%
- 1Y
- 1.27%
- 3Y*
- 3.52%
- 5Y*
- -1.04%
- 10Y*
- 0.99%
- ALL TIME*
- 2.20%
CRAIX
- 1D
- 0.11%
- 1M
- -0.52%
- 6M
- -0.37%
- YTD
- -0.12%
- 1Y
- 2.32%
- 3Y*
- 3.68%
- 5Y*
- -0.03%
- 10Y*
- 0.90%
- ALL TIME*
- 2.14%
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 |
MBDFX vs. CRAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MBDFX AMG GW&K Core Bond ESG Fund | -1.16% | 7.29% | 1.24% | 5.73% | -13.85% | -3.34% | 7.33% | 9.70% | -1.11% | 3.88% |
CRAIX CCM Community Impact Bond Fund | -0.12% | 6.40% | 1.97% | 3.98% | -10.19% | -1.72% | 3.99% | 5.44% | 0.10% | 2.81% |
Correlation
The correlation between MBDFX and CRAIX is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.91 |
Correlation (3Y) Balances recent behavior with more history. | 0.93 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.90 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 1999 | 0.83 |
The correlation between MBDFX and CRAIX shifts across timeframes, from 0.83 (all time) to 0.93 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
MBDFX vs. CRAIX — Risk / Return Rank
MBDFX
CRAIX
MBDFX vs. CRAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AMG GW&K Core Bond ESG Fund (MBDFX) and CCM Community Impact Bond Fund (CRAIX). 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.
| MBDFX | CRAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.18 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 1.41 | -0.77 |
| Martin ratioReturn relative to average drawdown | 1.45 | 3.55 | -2.10 |
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Drawdowns
MBDFX vs. CRAIX - Drawdown Comparison
The maximum MBDFX drawdown since its inception was -20.66%, which is greater than CRAIX's maximum drawdown of -14.53%. Use the drawdown chart below to compare losses from any high point for MBDFX and CRAIX.
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Drawdown Indicators
| MBDFX | CRAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.66% | -14.53% | -6.13% |
Max Drawdown (1Y)Largest decline over 1 year | -3.25% | -2.15% | -1.10% |
Max Drawdown (3Y)Largest decline over 3 years | -5.74% | -4.02% | -1.72% |
Max Drawdown (5Y)Largest decline over 5 years | -20.47% | -14.28% | -6.19% |
Max Drawdown (10Y)Largest decline over 10 years | -20.66% | -14.53% | -6.13% |
Current DrawdownCurrent decline from peak | -5.57% | -1.64% | -3.93% |
Average DrawdownAverage peak-to-trough decline | -3.97% | -2.45% | -1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 0.85% | +0.57% |
Volatility
MBDFX vs. CRAIX - Volatility Comparison
AMG GW&K Core Bond ESG Fund (MBDFX) has a higher volatility of 1.11% compared to CCM Community Impact Bond Fund (CRAIX) at 0.84%. This indicates that MBDFX's price experiences larger fluctuations and is considered to be riskier than CRAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MBDFX | CRAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.11% | 0.84% | +0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 3.01% | 2.36% | +0.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.85% | 2.98% | +0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.17% | 4.62% | +1.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.06% | 3.65% | +1.41% |
MBDFX vs. CRAIX - Expense Ratio Comparison
MBDFX has a 0.56% expense ratio, which is lower than CRAIX's 0.88% expense ratio.
Dividends
MBDFX vs. CRAIX - Dividend Comparison
MBDFX's dividend yield for the trailing twelve months is around 3.24%, more than CRAIX's 2.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRAIX CCM Community Impact Bond Fund | 2.86% | 3.01% | 2.92% | 2.48% | 1.61% | 1.18% | 1.77% | 2.32% | 2.30% | 2.78% | 2.28% | 2.12% |
MBDFX AMG GW&K Core Bond ESG Fund | 3.24% | 3.66% | 3.50% | 2.92% | 2.16% | 2.35% | 1.84% | 2.40% | 2.30% | 2.10% | 2.06% | 4.17% |
Frequently Asked Questions
With a correlation of 0.91, MBDFX and CRAIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
MBDFX has higher volatility (1.11%) compared to CRAIX (0.84%). In terms of maximum drawdown, MBDFX dropped -20.66% vs CRAIX's -14.53%.
CRAIX currently has the higher Sharpe Ratio (1.02 vs 0.54), 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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