OWCIX vs. OWMBX
Compare and contrast key facts about Old Westbury Credit Income Fund (OWCIX) and Old Westbury Municipal Bond Fund (OWMBX).
OWCIX is managed by Old Westbury. It was launched on Sep 30, 2020. OWMBX is managed by Old Westbury. It was launched on Mar 5, 1998.
Performance
OWCIX vs. OWMBX - Performance Comparison
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OWCIX vs. OWMBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
OWCIX Old Westbury Credit Income Fund | -0.32% | 9.35% | 2.32% | 6.42% | -16.20% | 2.77% | 2.78% |
OWMBX Old Westbury Municipal Bond Fund | -0.76% | 4.29% | 0.43% | 4.03% | -5.39% | -0.63% | 0.95% |
Returns By Period
In the year-to-date period, OWCIX achieves a -0.32% return, which is significantly higher than OWMBX's -0.76% return.
OWCIX
- 1D
- 0.38%
- 1M
- -2.52%
- YTD
- -0.32%
- 6M
- 0.34%
- 1Y
- 4.33%
- 3Y*
- 4.91%
- 5Y*
- 0.88%
- 10Y*
- —
OWMBX
- 1D
- 0.09%
- 1M
- -2.36%
- YTD
- -0.76%
- 6M
- 0.32%
- 1Y
- 3.28%
- 3Y*
- 1.96%
- 5Y*
- 0.55%
- 10Y*
- 1.35%
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OWCIX vs. OWMBX - Expense Ratio Comparison
OWCIX has a 0.85% expense ratio, which is higher than OWMBX's 0.57% expense ratio.
Return for Risk
OWCIX vs. OWMBX — Risk / Return Rank
OWCIX
OWMBX
OWCIX vs. OWMBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Old Westbury Credit Income Fund (OWCIX) and Old Westbury Municipal Bond Fund (OWMBX). 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.
| OWCIX | OWMBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.05 | 1.04 | +0.01 |
Sortino ratioReturn per unit of downside risk | 1.48 | 1.40 | +0.08 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.36 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 2.03 | 0.84 | +1.19 |
Martin ratioReturn relative to average drawdown | 6.84 | 3.06 | +3.79 |
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
| OWCIX | OWMBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.05 | 1.04 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.18 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.45 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 1.04 | -0.89 |
Correlation
The correlation between OWCIX and OWMBX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
OWCIX vs. OWMBX - Dividend Comparison
OWCIX's dividend yield for the trailing twelve months is around 5.33%, more than OWMBX's 2.64% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OWCIX Old Westbury Credit Income Fund | 5.33% | 7.01% | 5.83% | 5.44% | 5.30% | 3.91% | 1.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OWMBX Old Westbury Municipal Bond Fund | 2.64% | 2.61% | 2.54% | 2.01% | 1.15% | 2.06% | 2.55% | 1.68% | 1.45% | 1.18% | 1.61% | 1.40% |
Drawdowns
OWCIX vs. OWMBX - Drawdown Comparison
The maximum OWCIX drawdown since its inception was -19.92%, which is greater than OWMBX's maximum drawdown of -9.54%. Use the drawdown chart below to compare losses from any high point for OWCIX and OWMBX.
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Drawdown Indicators
| OWCIX | OWMBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.92% | -9.54% | -10.38% |
Max Drawdown (1Y)Largest decline over 1 year | -3.75% | -3.22% | -0.53% |
Max Drawdown (5Y)Largest decline over 5 years | -19.92% | -9.37% | -10.55% |
Max Drawdown (10Y)Largest decline over 10 years | — | -9.44% | — |
Current DrawdownCurrent decline from peak | -2.52% | -2.36% | -0.16% |
Average DrawdownAverage peak-to-trough decline | -7.83% | -1.64% | -6.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.11% | 0.88% | +0.23% |
Volatility
OWCIX vs. OWMBX - Volatility Comparison
Old Westbury Credit Income Fund (OWCIX) has a higher volatility of 2.04% compared to Old Westbury Municipal Bond Fund (OWMBX) at 0.86%. This indicates that OWCIX's price experiences larger fluctuations and is considered to be riskier than OWMBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OWCIX | OWMBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.04% | 0.86% | +1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 3.32% | 1.43% | +1.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.72% | 4.63% | +1.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.15% | 3.09% | +3.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.96% | 3.03% | +2.93% |