MWTIX vs. TFAZX
Compare and contrast key facts about Metropolitan West Total Return Bond Fund Class I (MWTIX) and TFA Tactical Income Fund (TFAZX).
MWTIX is managed by Metropolitan West Funds. TFAZX is managed by Tactical Fund Advisors. It was launched on Jun 9, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MWTIX or TFAZX.
Correlation
The correlation between MWTIX and TFAZX is 0.39, 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.
Performance
MWTIX vs. TFAZX - Performance Comparison
Key characteristics
MWTIX:
1.19
TFAZX:
0.40
MWTIX:
1.78
TFAZX:
0.59
MWTIX:
1.21
TFAZX:
1.08
MWTIX:
0.40
TFAZX:
0.07
MWTIX:
2.85
TFAZX:
1.42
MWTIX:
2.55%
TFAZX:
1.32%
MWTIX:
6.08%
TFAZX:
4.64%
MWTIX:
-23.26%
TFAZX:
-26.90%
MWTIX:
-11.76%
TFAZX:
-23.46%
Returns By Period
In the year-to-date period, MWTIX achieves a 2.19% return, which is significantly higher than TFAZX's -1.95% return.
MWTIX
2.19%
-0.16%
-0.09%
7.74%
-1.67%
0.59%
TFAZX
-1.95%
-1.59%
-2.82%
2.13%
-1.87%
N/A
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MWTIX vs. TFAZX - Expense Ratio Comparison
MWTIX has a 0.45% expense ratio, which is lower than TFAZX's 1.97% expense ratio.
Risk-Adjusted Performance
MWTIX vs. TFAZX — Risk-Adjusted Performance Rank
MWTIX
TFAZX
MWTIX vs. TFAZX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Metropolitan West Total Return Bond Fund Class I (MWTIX) and TFA Tactical Income Fund (TFAZX). 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.
Dividends
MWTIX vs. TFAZX - Dividend Comparison
MWTIX's dividend yield for the trailing twelve months is around 4.40%, more than TFAZX's 2.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MWTIX Metropolitan West Total Return Bond Fund Class I | 4.40% | 4.67% | 4.11% | 2.93% | 1.30% | 1.78% | 2.76% | 2.73% | 2.16% | 2.09% | 1.84% | 2.30% |
TFAZX TFA Tactical Income Fund | 2.44% | 2.39% | 3.05% | 0.84% | 0.00% | 0.06% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MWTIX vs. TFAZX - Drawdown Comparison
The maximum MWTIX drawdown since its inception was -23.26%, smaller than the maximum TFAZX drawdown of -26.90%. Use the drawdown chart below to compare losses from any high point for MWTIX and TFAZX. For additional features, visit the drawdowns tool.
Volatility
MWTIX vs. TFAZX - Volatility Comparison
The current volatility for Metropolitan West Total Return Bond Fund Class I (MWTIX) is 2.16%, while TFA Tactical Income Fund (TFAZX) has a volatility of 2.91%. This indicates that MWTIX experiences smaller price fluctuations and is considered to be less risky than TFAZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.