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 1.10%/yr vs 9.64%/yr for ARSVX. Their -0.00 correlation means they have often moved in opposite directions in the past. 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 -0.39% return, which is significantly lower than ARSVX's 9.41% return. Over the past 10 years, MGFIX has underperformed ARSVX with an annualized return of 1.10%, while ARSVX has yielded a comparatively higher 9.64% annualized return.
MGFIX
- 1D
- 0.09%
- 1M
- -1.07%
- 6M
- -0.64%
- YTD
- -0.39%
- 1Y
- 2.12%
- 3Y*
- 4.01%
- 5Y*
- -0.51%
- 10Y*
- 1.10%
- ALL TIME*
- 4.65%
ARSVX
- 1D
- -1.26%
- 1M
- 1.88%
- 6M
- 7.91%
- YTD
- 9.41%
- 1Y
- 2.62%
- 3Y*
- 6.77%
- 5Y*
- 5.53%
- 10Y*
- 9.64%
- ALL TIME*
- 8.23%
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 |
MGFIX vs. ARSVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGFIX AMG GW&K ESG Bond Fund | -0.39% | 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 | 9.41% | -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 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (3Y) Balances recent behavior with more history. | 0.28 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.21 |
Correlation (10Y) Provides a long-term view across more market conditions. | 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 0.34 (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 | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.02 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.97 | 0.00 | +0.97 |
| Martin ratioReturn relative to average drawdown | 2.53 | 0.01 | +2.53 |
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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 | -5.49% | -19.21% | +13.72% |
Max Drawdown (5Y)Largest decline over 5 years | -19.66% | -19.21% | -0.45% |
Max Drawdown (10Y)Largest decline over 10 years | -25.03% | -40.52% | +15.49% |
Current DrawdownCurrent decline from peak | -9.25% | -4.76% | -4.49% |
Average DrawdownAverage peak-to-trough decline | -4.82% | -8.67% | +3.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.12% | 8.52% | -7.40% |
Volatility
MGFIX vs. ARSVX - Volatility Comparison
The current volatility for AMG GW&K ESG Bond Fund (MGFIX) is 0.95%, while AMG River Road Small Cap Value Fund (ARSVX) has a volatility of 3.91%. 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 | 0.95% | 3.91% | -2.96% |
Volatility (6M)Calculated over the trailing 6-month period | 2.89% | 9.19% | -6.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.65% | 17.04% | -13.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.79% | 17.81% | -12.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.25% | 19.31% | -14.06% |
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 4.18%, 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 | 4.18% | 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 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARSVX has higher volatility (3.91%) compared to MGFIX (0.95%). In terms of maximum drawdown, MGFIX dropped -25.03% vs ARSVX's -54.85%.
MGFIX currently has the higher Sharpe Ratio (0.78 vs 0.00), 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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