MFQTX vs. VTMGX
MFQTX (AMG Veritas Global Focus Fund) and VTMGX (Vanguard Developed Markets Index Fund Admiral Shares) are both mutual funds - MFQTX is a Large Cap Growth Equities fund managed by AMG, while VTMGX is a Foreign Large Cap Equities fund tracking the FTSE Developed All Cap ex US Index. Over the past 10 years, MFQTX returned 8.86%/yr vs 10.04%/yr for VTMGX. Their 0.74 correlation means they have sometimes moved together and sometimes differently. MFQTX charges 0.88%/yr vs 0.07%/yr for VTMGX.
Performance
MFQTX vs. VTMGX - Performance Comparison
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Returns By Period
In the year-to-date period, MFQTX achieves a 1.26% return, which is significantly lower than VTMGX's 14.59% return. Over the past 10 years, MFQTX has underperformed VTMGX with an annualized return of 8.86%, while VTMGX has yielded a comparatively higher 10.04% 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%
VTMGX
- 1D
- 3.12%
- 1M
- 0.75%
- 6M
- 8.12%
- YTD
- 14.59%
- 1Y
- 30.61%
- 3Y*
- 17.88%
- 5Y*
- 9.89%
- 10Y*
- 10.04%
- ALL TIME*
- 5.84%
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. VTMGX - 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% |
VTMGX Vanguard Developed Markets Index Fund Admiral Shares | 14.59% | 35.17% | 3.03% | 17.65% | -15.33% | 11.39% | 10.25% | 22.04% | -14.48% | 26.39% |
Correlation
The correlation between MFQTX and VTMGX is 0.60, 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. | 0.60 |
Correlation (3Y) Balances recent behavior with more history. | 0.72 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.77 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.77 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2000 | 0.74 |
The correlation between MFQTX and VTMGX shifts across timeframes, from 0.60 (1 year) to 0.77 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
MFQTX vs. VTMGX — Risk / Return Rank
MFQTX
VTMGX
MFQTX vs. VTMGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AMG Veritas Global Focus Fund (MFQTX) and Vanguard Developed Markets Index Fund Admiral Shares (VTMGX). 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 | VTMGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.02 | ||
| Sortino ratioReturn per unit of downside risk | -2.63 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.32 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.20 | 2.51 | -2.72 |
| Martin ratioReturn relative to average drawdown | -0.40 | 9.35 | -9.75 |
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Drawdowns
MFQTX vs. VTMGX - Drawdown Comparison
The maximum MFQTX drawdown since its inception was -57.67%, roughly equal to the maximum VTMGX drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for MFQTX and VTMGX.
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Drawdown Indicators
| MFQTX | VTMGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.67% | -60.58% | +2.91% |
Max Drawdown (1Y)Largest decline over 1 year | -23.00% | -11.67% | -11.33% |
Max Drawdown (3Y)Largest decline over 3 years | -23.60% | -13.18% | -10.42% |
Max Drawdown (5Y)Largest decline over 5 years | -27.69% | -29.71% | +2.02% |
Max Drawdown (10Y)Largest decline over 10 years | -37.58% | -35.68% | -1.90% |
Current DrawdownCurrent decline from peak | -10.85% | -1.68% | -9.17% |
Average DrawdownAverage peak-to-trough decline | -10.33% | -14.58% | +4.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.70% | 3.13% | +8.57% |
Volatility
MFQTX vs. VTMGX - Volatility Comparison
The current volatility for AMG Veritas Global Focus Fund (MFQTX) is 4.11%, while Vanguard Developed Markets Index Fund Admiral Shares (VTMGX) has a volatility of 5.76%. This indicates that MFQTX experiences smaller price fluctuations and is considered to be less risky than VTMGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MFQTX | VTMGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.11% | 5.76% | -1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 10.89% | 14.78% | -3.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.16% | 16.81% | +0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.53% | 16.20% | +2.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.98% | 16.41% | +2.57% |
MFQTX vs. VTMGX - Expense Ratio Comparison
MFQTX has a 0.88% expense ratio, which is higher than VTMGX's 0.07% expense ratio.
Dividends
MFQTX vs. VTMGX - Dividend Comparison
MFQTX has not paid dividends to shareholders, while VTMGX's dividend yield for the trailing twelve months is around 2.53%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VTMGX Vanguard Developed Markets Index Fund Admiral Shares | 2.53% | 3.20% | 3.34% | 3.14% | 2.88% | 3.14% | 2.02% | 3.03% | 3.33% | 2.77% | 3.06% | 2.91% |
Frequently Asked Questions
MFQTX and VTMGX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VTMGX has higher volatility (5.76%) compared to MFQTX (4.11%). In terms of maximum drawdown, MFQTX dropped -57.67% vs VTMGX's -60.58%.
VTMGX currently has the higher Sharpe Ratio (1.75 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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