MUTHX vs. IWD
MUTHX (Franklin Mutual Shares Fund) and IWD (iShares Russell 1000 Value ETF) are both funds - MUTHX is a Diversified Portfolio fund managed by Franklin Templeton, while IWD is a Large Cap Value Equities fund tracking the Russell 1000 Value Index. Over the past 10 years, MUTHX returned 7.85%/yr vs 11.61%/yr for IWD. Their correlation of 0.91 suggests significant overlap in exposure. MUTHX charges 0.75%/yr vs 0.18%/yr for IWD.
Performance
MUTHX vs. IWD - Performance Comparison
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Returns By Period
In the year-to-date period, MUTHX achieves a 3.90% return, which is significantly lower than IWD's 15.35% return. Over the past 10 years, MUTHX has underperformed IWD with an annualized return of 7.85%, while IWD has yielded a comparatively higher 11.61% annualized return.
MUTHX
- 1D
- 0.15%
- 1M
- -0.30%
- YTD
- 3.90%
- 6M
- 3.14%
- 1Y
- 11.62%
- 3Y*
- 13.05%
- 5Y*
- 7.25%
- 10Y*
- 7.85%
IWD
- 1D
- -1.06%
- 1M
- 2.28%
- YTD
- 15.35%
- 6M
- 14.66%
- 1Y
- 28.22%
- 3Y*
- 18.41%
- 5Y*
- 10.87%
- 10Y*
- 11.61%
MUTHX vs. IWD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MUTHX Franklin Mutual Shares Fund | 3.90% | 11.83% | 12.42% | 13.86% | -7.11% | 19.27% | -4.34% | 23.20% | -9.06% | 8.39% |
IWD iShares Russell 1000 Value ETF | 15.35% | 15.68% | 14.17% | 11.34% | -7.75% | 24.95% | 2.73% | 26.12% | -8.45% | 13.45% |
Correlation
The correlation between MUTHX and IWD is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since May 26, 2000 | 0.91 |
The correlation between MUTHX and IWD has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.
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Return for Risk
MUTHX vs. IWD — Risk / Return Rank
MUTHX
IWD
MUTHX vs. IWD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Mutual Shares Fund (MUTHX) and iShares Russell 1000 Value ETF (IWD). 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.
| MUTHX | IWD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.45 | ||
| Sortino ratioReturn per unit of downside risk | -1.94 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.45 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.34 | 4.18 | -2.84 |
| Martin ratioReturn relative to average drawdown | 4.35 | 17.32 | -12.96 |
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Drawdowns
MUTHX vs. IWD - Drawdown Comparison
The maximum MUTHX drawdown since its inception was -53.53%, smaller than the maximum IWD drawdown of -60.10%. Use the drawdown chart below to compare losses from any high point for MUTHX and IWD.
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Drawdown Indicators
| MUTHX | IWD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.53% | -60.10% | +6.57% |
Max Drawdown (1Y)Largest decline over 1 year | -9.21% | -6.79% | -2.42% |
Max Drawdown (3Y)Largest decline over 3 years | -15.50% | -15.71% | +0.21% |
Max Drawdown (5Y)Largest decline over 5 years | -20.96% | -19.04% | -1.92% |
Max Drawdown (10Y)Largest decline over 10 years | -39.45% | -38.51% | -0.94% |
Current DrawdownCurrent decline from peak | -1.65% | -1.16% | -0.49% |
Average DrawdownAverage peak-to-trough decline | -6.52% | -8.64% | +2.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.82% | 1.63% | +1.19% |
Volatility
MUTHX vs. IWD - Volatility Comparison
The current volatility for Franklin Mutual Shares Fund (MUTHX) is 3.38%, while iShares Russell 1000 Value ETF (IWD) has a volatility of 4.14%. This indicates that MUTHX experiences smaller price fluctuations and is considered to be less risky than IWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MUTHX | IWD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.38% | 4.14% | -0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 8.58% | 8.67% | -0.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.56% | 11.27% | +0.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.64% | 14.84% | +0.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.92% | 17.28% | -0.36% |
MUTHX vs. IWD - Expense Ratio Comparison
MUTHX has a 0.75% expense ratio, which is higher than IWD's 0.18% expense ratio.
Dividends
MUTHX vs. IWD - Dividend Comparison
MUTHX's dividend yield for the trailing twelve months is around 7.30%, more than IWD's 1.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWD iShares Russell 1000 Value ETF | 1.45% | 1.69% | 1.87% | 2.02% | 2.15% | 1.62% | 2.05% | 2.45% | 2.71% | 2.09% | 2.25% | 2.47% |
MUTHX Franklin Mutual Shares Fund | 7.30% | 7.58% | 10.40% | 5.92% | 9.67% | 11.31% | 3.74% | 8.08% | 7.33% | 6.79% | 3.74% | 7.00% |
Frequently Asked Questions
MUTHX and IWD have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IWD has higher volatility (4.14%) compared to MUTHX (3.38%). In terms of maximum drawdown, MUTHX dropped -53.53% vs IWD's -60.10%.
IWD currently has the higher Sharpe Ratio (2.52 vs 1.07), 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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