MWHYX vs. MWTIX
Compare and contrast key facts about Metropolitan West High Yield Bond Fund (MWHYX) and Metropolitan West Total Return Bond Fund Class I (MWTIX).
MWHYX is managed by Metropolitan West Funds. It was launched on Sep 30, 2002. MWTIX is managed by Metropolitan West Funds.
Performance
MWHYX vs. MWTIX - Performance Comparison
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MWHYX vs. MWTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MWHYX Metropolitan West High Yield Bond Fund | -1.19% | 6.09% | 6.24% | 10.77% | -12.58% | 2.85% | 11.47% | 12.30% | -0.91% | 6.23% |
MWTIX Metropolitan West Total Return Bond Fund Class I | -0.48% | 7.51% | 0.77% | 6.02% | -15.49% | -1.32% | 9.00% | 9.10% | 0.36% | 3.43% |
Returns By Period
In the year-to-date period, MWHYX achieves a -1.19% return, which is significantly lower than MWTIX's -0.48% return. Over the past 10 years, MWHYX has outperformed MWTIX with an annualized return of 4.55%, while MWTIX has yielded a comparatively lower 1.64% annualized return.
MWHYX
- 1D
- 0.11%
- 1M
- -1.74%
- YTD
- -1.19%
- 6M
- -0.43%
- 1Y
- 3.68%
- 3Y*
- 6.37%
- 5Y*
- 2.21%
- 10Y*
- 4.55%
MWTIX
- 1D
- 0.55%
- 1M
- -2.47%
- YTD
- -0.48%
- 6M
- 0.53%
- 1Y
- 3.79%
- 3Y*
- 3.48%
- 5Y*
- -0.32%
- 10Y*
- 1.64%
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MWHYX vs. MWTIX - Expense Ratio Comparison
MWHYX has a 0.85% expense ratio, which is higher than MWTIX's 0.45% expense ratio.
Return for Risk
MWHYX vs. MWTIX — Risk / Return Rank
MWHYX
MWTIX
MWHYX vs. MWTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Metropolitan West High Yield Bond Fund (MWHYX) and Metropolitan West Total Return Bond Fund Class I (MWTIX). 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.
| MWHYX | MWTIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 0.86 | +0.43 |
Sortino ratioReturn per unit of downside risk | 1.97 | 1.24 | +0.72 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.15 | +0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.66 | 1.57 | +0.09 |
Martin ratioReturn relative to average drawdown | 6.86 | 4.16 | +2.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MWHYX | MWTIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 0.86 | +0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | -0.05 | +0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.03 | 0.31 | +0.72 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.39 | 0.92 | +0.47 |
Correlation
The correlation between MWHYX and MWTIX is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
MWHYX vs. MWTIX - Dividend Comparison
MWHYX's dividend yield for the trailing twelve months is around 5.60%, more than MWTIX's 3.64% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MWHYX Metropolitan West High Yield Bond Fund | 5.60% | 6.04% | 6.59% | 6.20% | 3.94% | 2.90% | 3.54% | 4.11% | 4.60% | 3.42% | 4.17% | 4.37% |
MWTIX Metropolitan West Total Return Bond Fund Class I | 3.64% | 3.89% | 4.38% | 4.11% | 2.08% | 1.12% | 6.48% | 3.61% | 2.91% | 2.14% | 3.35% | 2.94% |
Drawdowns
MWHYX vs. MWTIX - Drawdown Comparison
The maximum MWHYX drawdown since its inception was -28.94%, which is greater than MWTIX's maximum drawdown of -20.58%. Use the drawdown chart below to compare losses from any high point for MWHYX and MWTIX.
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Drawdown Indicators
| MWHYX | MWTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.94% | -20.58% | -8.36% |
Max Drawdown (1Y)Largest decline over 1 year | -2.49% | -3.05% | +0.56% |
Max Drawdown (5Y)Largest decline over 5 years | -15.95% | -20.51% | +4.56% |
Max Drawdown (10Y)Largest decline over 10 years | -15.95% | -20.58% | +4.63% |
Current DrawdownCurrent decline from peak | -1.90% | -4.67% | +2.77% |
Average DrawdownAverage peak-to-trough decline | -2.41% | -2.76% | +0.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.60% | 1.15% | -0.55% |
Volatility
MWHYX vs. MWTIX - Volatility Comparison
The current volatility for Metropolitan West High Yield Bond Fund (MWHYX) is 1.01%, while Metropolitan West Total Return Bond Fund Class I (MWTIX) has a volatility of 1.80%. This indicates that MWHYX experiences smaller price fluctuations and is considered to be less risky than MWTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MWHYX | MWTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 1.80% | -0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 2.08% | 2.91% | -0.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.20% | 4.89% | -1.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.53% | 6.61% | -2.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.45% | 5.30% | -0.85% |