RWGIX vs. CHASX

Last updated Jun 4, 2026

RWGIX (Wedgewood Fund) and CHASX (Chase Growth Fund) are both Large Cap Growth Equities funds. Over the past 10 years, RWGIX returned 25.05%/yr vs 20.37%/yr for CHASX. Their correlation of 0.86 suggests significant overlap in exposure. RWGIX charges 0.95%/yr vs 1.14%/yr for CHASX.

Performance

RWGIX vs. CHASX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wedgewood Fund (RWGIX) and Chase Growth Fund (CHASX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RWGIX achieves a 2.65% return, which is significantly lower than CHASX's 26.84% return. Over the past 10 years, RWGIX has outperformed CHASX with an annualized return of 25.05%, while CHASX has yielded a comparatively lower 20.37% annualized return.

RWGIX

• 1D: -0.59%
• 1M: 0.80%
• YTD: 2.65%
• 6M: 2.97%
• 1Y: 10.68%
• 3Y*: 16.23%
• 5Y*: 32.32%
• 10Y*: 25.05%

CHASX

• 1D: 0.70%
• 1M: 7.92%
• YTD: 26.84%
• 6M: 27.99%
• 1Y: 53.84%
• 3Y*: 42.38%
• 5Y*: 22.68%
• 10Y*: 20.37%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RWGIX vs. CHASX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RWGIX Wedgewood Fund	2.65%	4.33%	29.94%	29.09%	-26.13%	242.06%	31.48%	32.67%	-6.36%	20.04%
CHASX Chase Growth Fund	26.84%	20.61%	64.71%	25.91%	-20.41%	22.32%	18.27%	42.63%	-3.96%	24.49%

Correlation

The correlation between RWGIX and CHASX is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jan 4, 2011	0.86

Over the past year, the correlation between RWGIX and CHASX has dropped to 0.62 - well below their long-term average of 0.86, suggesting their price drivers have been diverging.

Return for Risk

RWGIX vs. CHASX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RWGIX

RWGIX Risk / Return Rank: 11
RWGIX Sharpe Ratio Rank: 11
RWGIX Sortino Ratio Rank: 11
RWGIX Omega Ratio Rank: 11
RWGIX Calmar Ratio Rank: 9
RWGIX Martin Ratio Rank: 11

CHASX

CHASX Risk / Return Rank: 90
CHASX Sharpe Ratio Rank: 93
CHASX Sortino Ratio Rank: 86
CHASX Omega Ratio Rank: 81
CHASX Calmar Ratio Rank: 94
CHASX Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RWGIX vs. CHASX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wedgewood Fund (RWGIX) and Chase Growth Fund (CHASX). 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.

	RWGIX	CHASX	Difference
Sharpe ratio Return per unit of total volatility	0.86	3.19	-2.33
Sortino ratio Return per unit of downside risk	1.28	4.09	-2.81
Omega ratio Gain probability vs. loss probability	1.16	1.54	-0.38
Calmar ratio Return relative to maximum drawdown	0.93	5.63	-4.71
Martin ratio Return relative to average drawdown	3.26	24.23	-20.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RWGIX vs. CHASX - Sharpe Ratio Comparison

The current RWGIX Sharpe Ratio is 0.86, which is lower than the CHASX Sharpe Ratio of 3.19. The chart below compares the historical Sharpe Ratios of RWGIX and CHASX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RWGIX	CHASX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.86	3.19	-2.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	1.13	-0.70
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	1.03	-0.59
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.63	-0.22

Drawdowns

RWGIX vs. CHASX - Drawdown Comparison

The maximum RWGIX drawdown since its inception was -47.12%, roughly equal to the maximum CHASX drawdown of -45.94%. Use the drawdown chart below to compare losses from any high point for RWGIX and CHASX.

Drawdown Indicators

	RWGIX	CHASX	Difference
Max Drawdown Largest peak-to-trough decline	-47.12%	-45.94%	-1.18%
Max Drawdown (1Y) Largest decline over 1 year	-12.05%	-9.90%	-2.15%
Max Drawdown (3Y) Largest decline over 3 years	-19.16%	-23.40%	+4.24%
Max Drawdown (5Y) Largest decline over 5 years	-30.62%	-24.63%	-5.99%
Max Drawdown (10Y) Largest decline over 10 years	-47.12%	-30.40%	-16.72%
Current Drawdown Current decline from peak	-1.18%	0.00%	-1.18%
Average Drawdown Average peak-to-trough decline	-6.71%	-9.15%	+2.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.41%	2.30%	+1.11%

Volatility

RWGIX vs. CHASX - Volatility Comparison

The current volatility for Wedgewood Fund (RWGIX) is 3.08%, while Chase Growth Fund (CHASX) has a volatility of 5.51%. This indicates that RWGIX experiences smaller price fluctuations and is considered to be less risky than CHASX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RWGIX	CHASX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.08%	5.51%	-2.43%
Volatility (6M) Calculated over the trailing 6-month period	9.78%	13.68%	-3.90%
Volatility (1Y) Calculated over the trailing 1-year period	12.97%	17.47%	-4.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.15%	20.23%	+55.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.95%	19.88%	+38.07%

RWGIX vs. CHASX - Expense Ratio Comparison

RWGIX has a 0.95% expense ratio, which is lower than CHASX's 1.14% expense ratio.

Dividends

RWGIX vs. CHASX - Dividend Comparison

RWGIX's dividend yield for the trailing twelve months is around 11.20%, more than CHASX's 7.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHASX Chase Growth Fund	7.19%	9.12%	36.67%	5.80%	5.49%	20.15%	7.83%	22.82%	12.92%	11.92%	9.14%	10.24%
RWGIX Wedgewood Fund	11.20%	11.50%	15.61%	2.14%	15.90%	71.14%	88.03%	39.95%	124.71%	16.61%	0.17%	4.63%

Frequently Asked Questions

Can I hold both RWGIX and CHASX in my portfolio?

RWGIX and CHASX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RWGIX or CHASX?

CHASX has higher volatility (5.51%) compared to RWGIX (3.08%). In terms of maximum drawdown, RWGIX dropped -47.12% vs CHASX's -45.94%.

Which has better risk-adjusted returns?

CHASX currently has the higher Sharpe Ratio (3.19 vs 0.86), 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.