MFQTX vs. MBDFX
MFQTX (AMG Veritas Global Focus Fund) and MBDFX (AMG GW&K Core Bond ESG Fund) are both mutual funds - MFQTX is a Large Cap Growth Equities fund managed by AMG, while MBDFX is a Intermediate Core Bond fund managed by AMG. Over the past 10 years, MFQTX returned 8.86%/yr vs 0.99%/yr for MBDFX. Their -0.10 correlation means they have often moved in opposite directions in the past. MFQTX charges 0.88%/yr vs 0.56%/yr for MBDFX.
Performance
MFQTX vs. MBDFX - Performance Comparison
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Returns By Period
In the year-to-date period, MFQTX achieves a 1.26% return, which is significantly higher than MBDFX's -1.16% return. Over the past 10 years, MFQTX has outperformed MBDFX with an annualized return of 8.86%, while MBDFX has yielded a comparatively lower 0.99% annualized return.
MFQTX
- 1D
- 0.53%
- 1M
- 1.87%
- 6M
- 2.79%
- YTD
- 1.26%
- 1Y
- -2.48%
- 3Y*
- 7.94%
- 5Y*
- 3.78%
- 10Y*
- 8.86%
- ALL TIME*
- 7.38%
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%
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 |
MFQTX vs. MBDFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MFQTX AMG Veritas Global Focus Fund | 1.26% | -1.59% | 23.14% | 22.81% | -21.08% | 17.63% | 8.44% | 28.37% | -3.66% | 18.28% |
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% |
Correlation
The correlation between MFQTX and MBDFX is 0.45, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.45 |
Correlation (3Y) Balances recent behavior with more history. | 0.33 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.25 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2000 | -0.10 |
The correlation between MFQTX and MBDFX shifts across timeframes, from -0.10 (all time) to 0.45 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MFQTX vs. MBDFX — Risk / Return Rank
MFQTX
MBDFX
MFQTX vs. MBDFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AMG Veritas Global Focus Fund (MFQTX) 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.
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.
| MFQTX | MBDFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.09 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.20 | 0.64 | -0.84 |
| Martin ratioReturn relative to average drawdown | -0.40 | 1.45 | -1.86 |
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Drawdowns
MFQTX vs. MBDFX - Drawdown Comparison
The maximum MFQTX drawdown since its inception was -57.67%, which is greater than MBDFX's maximum drawdown of -20.66%. Use the drawdown chart below to compare losses from any high point for MFQTX and MBDFX.
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Drawdown Indicators
| MFQTX | MBDFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.67% | -20.66% | -37.01% |
Max Drawdown (1Y)Largest decline over 1 year | -23.00% | -3.25% | -19.75% |
Max Drawdown (3Y)Largest decline over 3 years | -23.60% | -5.74% | -17.86% |
Max Drawdown (5Y)Largest decline over 5 years | -27.69% | -20.47% | -7.22% |
Max Drawdown (10Y)Largest decline over 10 years | -37.58% | -20.66% | -16.92% |
Current DrawdownCurrent decline from peak | -10.85% | -5.57% | -5.28% |
Average DrawdownAverage peak-to-trough decline | -10.33% | -3.97% | -6.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.70% | 1.42% | +10.28% |
Volatility
MFQTX vs. MBDFX - Volatility Comparison
AMG Veritas Global Focus Fund (MFQTX) has a higher volatility of 4.11% compared to AMG GW&K Core Bond ESG Fund (MBDFX) at 1.11%. This indicates that MFQTX'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.
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Volatility by Period
| MFQTX | MBDFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.11% | 1.11% | +3.00% |
Volatility (6M)Calculated over the trailing 6-month period | 10.89% | 3.01% | +7.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.16% | 3.85% | +13.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.53% | 6.17% | +12.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.98% | 5.06% | +13.92% |
MFQTX vs. MBDFX - Expense Ratio Comparison
MFQTX has a 0.88% expense ratio, which is higher than MBDFX's 0.56% expense ratio.
Dividends
MFQTX vs. MBDFX - Dividend Comparison
MFQTX has not paid dividends to shareholders, while MBDFX's dividend yield for the trailing twelve months is around 3.24%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
MFQTX AMG Veritas Global Focus Fund | 0.00% | 0.00% | 18.87% | 2.45% | 5.59% | 139.81% | 1.67% | 0.72% | 1.95% | 0.47% | 1.19% | 0.57% |
Frequently Asked Questions
MFQTX and MBDFX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MFQTX has higher volatility (4.11%) compared to MBDFX (1.11%). In terms of maximum drawdown, MFQTX dropped -57.67% vs MBDFX's -20.66%.
MBDFX currently has the higher Sharpe Ratio (0.54 vs -0.27), 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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