SAGWX vs. AZBIX

Last updated Jun 3, 2026

SAGWX (Touchstone Small Company Fund) and AZBIX (Virtus Small-Cap Fund) are both Small Cap Blend Equities funds. Over the past 10 years, SAGWX returned 11.54%/yr vs 11.71%/yr for AZBIX. Their correlation of 0.92 suggests significant overlap in exposure. SAGWX charges 1.17%/yr vs 0.89%/yr for AZBIX.

Performance

SAGWX vs. AZBIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Touchstone Small Company Fund (SAGWX) and Virtus Small-Cap Fund (AZBIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SAGWX achieves a 6.77% return, which is significantly lower than AZBIX's 16.49% return. Both investments have delivered pretty close results over the past 10 years, with SAGWX having a 11.54% annualized return and AZBIX not far ahead at 11.71%.

SAGWX

• 1D: 0.61%
• 1M: 2.16%
• YTD: 6.77%
• 6M: 6.33%
• 1Y: 20.43%
• 3Y*: 14.24%
• 5Y*: 6.51%
• 10Y*: 11.54%

AZBIX

• 1D: -0.10%
• 1M: 2.02%
• YTD: 16.49%
• 6M: 17.19%
• 1Y: 32.84%
• 3Y*: 17.66%
• 5Y*: 7.93%
• 10Y*: 11.71%

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

SAGWX vs. AZBIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SAGWX Touchstone Small Company Fund	6.77%	9.58%	13.32%	15.71%	-14.64%	22.83%	17.58%	29.44%	-8.42%	17.32%
AZBIX Virtus Small-Cap Fund	16.49%	8.49%	19.06%	14.09%	-18.04%	18.92%	16.98%	24.13%	-9.25%	21.27%

Correlation

The correlation between SAGWX and AZBIX is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Jul 3, 2013	0.92

The correlation between SAGWX and AZBIX has been stable across timeframes, ranging from 0.84 to 0.93 - a consistent structural relationship.

Return for Risk

SAGWX vs. AZBIX — Risk / Return Rank

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

SAGWX

SAGWX Risk / Return Rank: 24
SAGWX Sharpe Ratio Rank: 21
SAGWX Sortino Ratio Rank: 22
SAGWX Omega Ratio Rank: 19
SAGWX Calmar Ratio Rank: 30
SAGWX Martin Ratio Rank: 29

AZBIX

AZBIX Risk / Return Rank: 55
AZBIX Sharpe Ratio Rank: 46
AZBIX Sortino Ratio Rank: 46
AZBIX Omega Ratio Rank: 42
AZBIX Calmar Ratio Rank: 79
AZBIX Martin Ratio Rank: 63

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.

SAGWX vs. AZBIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Small Company Fund (SAGWX) and Virtus Small-Cap Fund (AZBIX). 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.

	SAGWX	AZBIX	Difference
Sharpe ratio Return per unit of total volatility	1.34	2.00	-0.67
Sortino ratio Return per unit of downside risk	2.01	2.86	-0.86
Omega ratio Gain probability vs. loss probability	1.23	1.35	-0.11
Calmar ratio Return relative to maximum drawdown	2.11	3.57	-1.46
Martin ratio Return relative to average drawdown	6.98	12.52	-5.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SAGWX vs. AZBIX - Sharpe Ratio Comparison

The current SAGWX Sharpe Ratio is 1.34, which is lower than the AZBIX Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of SAGWX and AZBIX, 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

	SAGWX	AZBIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	2.00	-0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.39	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.55	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.54	-0.02

Drawdowns

SAGWX vs. AZBIX - Drawdown Comparison

The maximum SAGWX drawdown since its inception was -51.87%, which is greater than AZBIX's maximum drawdown of -40.80%. Use the drawdown chart below to compare losses from any high point for SAGWX and AZBIX.

Drawdown Indicators

	SAGWX	AZBIX	Difference
Max Drawdown Largest peak-to-trough decline	-51.87%	-40.80%	-11.07%
Max Drawdown (1Y) Largest decline over 1 year	-9.60%	-9.33%	-0.27%
Max Drawdown (3Y) Largest decline over 3 years	-22.69%	-29.01%	+6.32%
Max Drawdown (5Y) Largest decline over 5 years	-37.07%	-29.85%	-7.22%
Max Drawdown (10Y) Largest decline over 10 years	-41.75%	-40.80%	-0.95%
Current Drawdown Current decline from peak	0.00%	-0.55%	+0.55%
Average Drawdown Average peak-to-trough decline	-8.88%	-7.72%	-1.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	2.66%	+0.24%

Volatility

SAGWX vs. AZBIX - Volatility Comparison

The current volatility for Touchstone Small Company Fund (SAGWX) is 4.31%, while Virtus Small-Cap Fund (AZBIX) has a volatility of 4.83%. This indicates that SAGWX experiences smaller price fluctuations and is considered to be less risky than AZBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAGWX	AZBIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.31%	4.83%	-0.52%
Volatility (6M) Calculated over the trailing 6-month period	10.32%	12.11%	-1.79%
Volatility (1Y) Calculated over the trailing 1-year period	15.35%	16.67%	-1.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.86%	20.49%	+2.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.65%	21.35%	+1.30%

SAGWX vs. AZBIX - Expense Ratio Comparison

SAGWX has a 1.17% expense ratio, which is higher than AZBIX's 0.89% expense ratio.

Dividends

SAGWX vs. AZBIX - Dividend Comparison

SAGWX's dividend yield for the trailing twelve months is around 5.45%, more than AZBIX's 4.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AZBIX Virtus Small-Cap Fund	4.21%	4.90%	10.82%	2.31%	4.78%	13.82%	0.45%	0.38%	9.62%	13.80%	0.03%	3.59%
SAGWX Touchstone Small Company Fund	5.45%	5.82%	6.03%	0.15%	2.57%	19.71%	0.10%	11.83%	14.83%	9.03%	8.71%	21.16%

Frequently Asked Questions

Can I hold both SAGWX and AZBIX in my portfolio?

SAGWX and AZBIX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SAGWX or AZBIX?

AZBIX has higher volatility (4.83%) compared to SAGWX (4.31%). In terms of maximum drawdown, SAGWX dropped -51.87% vs AZBIX's -40.80%.

Which has better risk-adjusted returns?

AZBIX currently has the higher Sharpe Ratio (2.00 vs 1.34), 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.