MWIGX vs. MWTIX
Compare and contrast key facts about Metropolitan West Investment Grade Credit Fund (MWIGX) and Metropolitan West Total Return Bond Fund Class I (MWTIX).
MWIGX is managed by Metropolitan West Funds. It was launched on Jun 29, 2018. MWTIX is managed by Metropolitan West Funds.
Performance
MWIGX vs. MWTIX - Performance Comparison
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MWIGX vs. MWTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MWIGX Metropolitan West Investment Grade Credit Fund | -0.85% | 7.99% | 3.82% | 6.55% | -13.01% | -1.13% | 8.41% | 11.21% | 4.27% |
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% | 1.47% |
Returns By Period
In the year-to-date period, MWIGX achieves a -0.85% return, which is significantly lower than MWTIX's -0.48% return.
MWIGX
- 1D
- 0.25%
- 1M
- -2.10%
- YTD
- -0.85%
- 6M
- 0.32%
- 1Y
- 4.36%
- 3Y*
- 4.80%
- 5Y*
- 0.73%
- 10Y*
- —
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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MWIGX vs. MWTIX - Expense Ratio Comparison
MWIGX has a 1.87% expense ratio, which is higher than MWTIX's 0.45% expense ratio.
Return for Risk
MWIGX vs. MWTIX — Risk / Return Rank
MWIGX
MWTIX
MWIGX vs. MWTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Metropolitan West Investment Grade Credit Fund (MWIGX) 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.
| MWIGX | MWTIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.41 | 0.86 | +0.54 |
Sortino ratioReturn per unit of downside risk | 2.11 | 1.24 | +0.87 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.15 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 2.18 | 1.57 | +0.61 |
Martin ratioReturn relative to average drawdown | 8.06 | 4.16 | +3.89 |
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
| MWIGX | MWTIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 0.86 | +0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | -0.05 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.31 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.92 | -0.24 |
Correlation
The correlation between MWIGX and MWTIX is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
MWIGX vs. MWTIX - Dividend Comparison
MWIGX's dividend yield for the trailing twelve months is around 3.41%, less than MWTIX's 3.64% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MWIGX Metropolitan West Investment Grade Credit Fund | 3.41% | 3.70% | 4.52% | 4.97% | 6.33% | 4.25% | 9.21% | 12.03% | 3.98% | 0.00% | 0.00% | 0.00% |
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
MWIGX vs. MWTIX - Drawdown Comparison
The maximum MWIGX drawdown since its inception was -18.32%, smaller than the maximum MWTIX drawdown of -20.58%. Use the drawdown chart below to compare losses from any high point for MWIGX and MWTIX.
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Drawdown Indicators
| MWIGX | MWTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.32% | -20.58% | +2.26% |
Max Drawdown (1Y)Largest decline over 1 year | -2.35% | -3.05% | +0.70% |
Max Drawdown (5Y)Largest decline over 5 years | -18.32% | -20.51% | +2.19% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.58% | — |
Current DrawdownCurrent decline from peak | -2.10% | -4.67% | +2.57% |
Average DrawdownAverage peak-to-trough decline | -4.54% | -2.76% | -1.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.64% | 1.15% | -0.51% |
Volatility
MWIGX vs. MWTIX - Volatility Comparison
The current volatility for Metropolitan West Investment Grade Credit Fund (MWIGX) is 1.20%, while Metropolitan West Total Return Bond Fund Class I (MWTIX) has a volatility of 1.80%. This indicates that MWIGX 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
| MWIGX | MWTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 1.80% | -0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 2.01% | 2.91% | -0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.47% | 4.89% | -1.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.91% | 6.61% | -1.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.78% | 5.30% | -0.52% |