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 1.17%/yr vs 9.53%/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
Loading charts...
Returns By Period
In the year-to-date period, MGFIX achieves a 0.23% return, which is significantly lower than ARSVX's 8.16% return. Over the past 10 years, MGFIX has underperformed ARSVX with an annualized return of 1.17%, while ARSVX has yielded a comparatively higher 9.53% annualized return.
MGFIX
- 1D
- -0.05%
- 1M
- -0.17%
- 6M
- -0.04%
- YTD
- 0.23%
- 1Y
- 3.99%
- 3Y*
- 4.51%
- 5Y*
- -0.27%
- 10Y*
- 1.17%
ARSVX
- 1D
- 0.78%
- 1M
- 4.37%
- 6M
- 3.95%
- YTD
- 8.16%
- 1Y
- -2.08%
- 3Y*
- 7.12%
- 5Y*
- 5.26%
- 10Y*
- 9.53%
MGFIX vs. ARSVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGFIX AMG GW&K ESG Bond Fund | 0.23% | 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 | 8.16% | -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 price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
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 0.34 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 | +1.16 | ||
| Sortino ratioReturn per unit of downside risk | +1.54 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.98 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.23 | -0.18 | +1.41 |
| Martin ratioReturn relative to average drawdown | 3.47 | -0.35 | +3.82 |
Loading charts...
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.
Loading charts...
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 | -8.69% | -5.85% | -2.84% |
Average DrawdownAverage peak-to-trough decline | -4.82% | -8.68% | +3.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 8.50% | -7.46% |
Volatility
MGFIX vs. ARSVX - Volatility Comparison
The current volatility for AMG GW&K ESG Bond Fund (MGFIX) is 1.13%, while AMG River Road Small Cap Value Fund (ARSVX) has a volatility of 3.39%. 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.
Loading charts...
Volatility by Period
| MGFIX | ARSVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.13% | 3.39% | -2.26% |
Volatility (6M)Calculated over the trailing 6-month period | 2.86% | 9.30% | -6.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.65% | 17.07% | -13.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.78% | 17.84% | -12.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.25% | 19.28% | -14.03% |
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 4.11%, 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 | 4.11% | 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 (3.39%) compared to MGFIX (1.13%). In terms of maximum drawdown, MGFIX dropped -25.03% vs ARSVX's -54.85%.
MGFIX currently has the higher Sharpe Ratio (0.98 vs -0.17), 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.
Find the right allocation for MGFIX and ARSVX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer