MGFIX vs. ARSVX
MGFIX (AMG GW&K ESG Bond Fund) and ARSVX (AMG River Road Small Cap Value Fund) are both mutual funds - MGFIX is a Intermediate Core-Plus Bond fund managed by AMG, while ARSVX is a Small Cap Value Equities fund managed by AMG. Over the past 10 years, MGFIX returned 1.38%/yr vs 9.24%/yr for ARSVX. At a correlation of -0.00, they often move in opposite directions. MGFIX charges 0.68%/yr vs 1.35%/yr for ARSVX.
Performance
MGFIX vs. ARSVX - Performance Comparison
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Returns By Period
In the year-to-date period, MGFIX achieves a 0.63% return, which is significantly lower than ARSVX's 3.28% return. Over the past 10 years, MGFIX has underperformed ARSVX with an annualized return of 1.38%, while ARSVX has yielded a comparatively higher 9.24% annualized return.
MGFIX
- 1D
- 0.23%
- 1M
- 0.91%
- YTD
- 0.63%
- 6M
- 0.76%
- 1Y
- 4.83%
- 3Y*
- 4.34%
- 5Y*
- -0.08%
- 10Y*
- 1.38%
ARSVX
- 1D
- 1.23%
- 1M
- 3.21%
- YTD
- 3.28%
- 6M
- 1.65%
- 1Y
- -1.46%
- 3Y*
- 6.53%
- 5Y*
- 4.51%
- 10Y*
- 9.24%
MGFIX vs. ARSVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGFIX AMG GW&K ESG Bond Fund | 0.63% | 7.26% | 1.50% | 6.69% | -13.17% | -9.68% | 7.34% | 11.11% | -1.82% | 6.78% |
ARSVX AMG River Road Small Cap Value Fund | 3.28% | -7.36% | 14.05% | 14.86% | -6.49% | 21.14% | 1.84% | 38.29% | -6.96% | 11.73% |
Correlation
The correlation between MGFIX and ARSVX is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2005 | -0.00 |
The correlation between MGFIX and ARSVX shifts across timeframes, from -0.00 (all time) to 0.33 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MGFIX vs. ARSVX — Risk / Return Rank
MGFIX
ARSVX
MGFIX vs. ARSVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AMG GW&K ESG Bond Fund (MGFIX) and AMG River Road Small Cap Value Fund (ARSVX). 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.
| MGFIX | ARSVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.40 | ||
| Sortino ratioReturn per unit of downside risk | +1.92 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.01 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | -0.05 | +1.73 |
| Martin ratioReturn relative to average drawdown | 4.86 | -0.10 | +4.95 |
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Drawdowns
MGFIX vs. ARSVX - Drawdown Comparison
The maximum MGFIX drawdown since its inception was -25.03%, smaller than the maximum ARSVX drawdown of -54.85%. Use the drawdown chart below to compare losses from any high point for MGFIX and ARSVX.
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Drawdown Indicators
| MGFIX | ARSVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.03% | -54.85% | +29.82% |
Max Drawdown (1Y)Largest decline over 1 year | -2.93% | -16.62% | +13.69% |
Max Drawdown (3Y)Largest decline over 3 years | -6.75% | -19.21% | +12.46% |
Max Drawdown (5Y)Largest decline over 5 years | -19.68% | -19.21% | -0.47% |
Max Drawdown (10Y)Largest decline over 10 years | -25.03% | -40.52% | +15.49% |
Current DrawdownCurrent decline from peak | -8.33% | -10.10% | +1.77% |
Average DrawdownAverage peak-to-trough decline | -4.81% | -8.68% | +3.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 8.36% | -7.35% |
Volatility
MGFIX vs. ARSVX - Volatility Comparison
The current volatility for AMG GW&K ESG Bond Fund (MGFIX) is 1.15%, while AMG River Road Small Cap Value Fund (ARSVX) has a volatility of 3.35%. This indicates that MGFIX experiences smaller price fluctuations and is considered to be less risky than ARSVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGFIX | ARSVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 3.35% | -2.20% |
Volatility (6M)Calculated over the trailing 6-month period | 2.78% | 13.85% | -11.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.65% | 17.13% | -13.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.77% | 17.85% | -12.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.25% | 19.36% | -14.11% |
MGFIX vs. ARSVX - Expense Ratio Comparison
MGFIX has a 0.68% expense ratio, which is lower than ARSVX's 1.35% expense ratio.
Dividends
MGFIX vs. ARSVX - Dividend Comparison
MGFIX's dividend yield for the trailing twelve months is around 4.06%, while ARSVX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARSVX AMG River Road Small Cap Value Fund | 0.00% | 0.00% | 8.50% | 4.78% | 3.87% | 7.75% | 0.00% | 12.10% | 13.01% | 14.96% | 4.96% | 6.51% |
MGFIX AMG GW&K ESG Bond Fund | 4.06% | 3.85% | 3.56% | 2.94% | 2.41% | 2.21% | 3.38% | 4.20% | 3.89% | 3.81% | 4.96% | 4.17% |
Frequently Asked Questions
MGFIX and ARSVX have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARSVX has higher volatility (3.35%) compared to MGFIX (1.15%). In terms of maximum drawdown, MGFIX dropped -25.03% vs ARSVX's -54.85%.
MGFIX currently has the higher Sharpe Ratio (1.35 vs -0.05), 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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