SAMFX vs. MWIGX

Last updated Jun 24, 2026

SAMFX (Virtus Seix Total Return Bond Fund) and MWIGX (Metropolitan West Investment Grade Credit Fund) are both Intermediate Core-Plus Bond funds. Over the past 5 years, SAMFX returned -0.55%/yr vs 0.71%/yr for MWIGX. Their correlation of 0.84 suggests significant overlap in exposure. SAMFX charges 0.46%/yr vs 1.87%/yr for MWIGX.

Performance

SAMFX vs. MWIGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Seix Total Return Bond Fund (SAMFX) and Metropolitan West Investment Grade Credit Fund (MWIGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SAMFX achieves a -0.09% return, which is significantly lower than MWIGX's -0.05% return.

SAMFX

• 1D: -0.32%
• 1M: 0.52%
• YTD: -0.09%
• 6M: 0.27%
• 1Y: 4.05%
• 3Y*: 2.99%
• 5Y*: -0.55%
• 10Y*: 1.26%

MWIGX

• 1D: -0.25%
• 1M: 0.35%
• YTD: -0.05%
• 6M: 0.32%
• 1Y: 4.37%
• 3Y*: 5.41%
• 5Y*: 0.71%
• 10Y*: —

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

SAMFX vs. MWIGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SAMFX Virtus Seix Total Return Bond Fund	-0.09%	6.87%	0.43%	4.35%	-13.57%	-1.44%	10.24%	7.12%	1.50%
MWIGX Metropolitan West Investment Grade Credit Fund	-0.05%	7.99%	3.82%	6.55%	-13.01%	-1.13%	8.41%	11.21%	4.27%

Correlation

The correlation between SAMFX and MWIGX is 0.91, 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	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jul 18, 2018	0.84

The correlation between SAMFX and MWIGX has been stable across timeframes, ranging from 0.84 to 0.92 - a consistent structural relationship.

Return for Risk

SAMFX vs. MWIGX — Risk / Return Rank

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

SAMFX

SAMFX Risk / Return Rank: 16
SAMFX Sharpe Ratio Rank: 17
SAMFX Sortino Ratio Rank: 17
SAMFX Omega Ratio Rank: 15
SAMFX Calmar Ratio Rank: 17
SAMFX Martin Ratio Rank: 16

MWIGX

MWIGX Risk / Return Rank: 29
MWIGX Sharpe Ratio Rank: 28
MWIGX Sortino Ratio Rank: 32
MWIGX Omega Ratio Rank: 29
MWIGX Calmar Ratio Rank: 30
MWIGX Martin Ratio Rank: 27

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.

SAMFX vs. MWIGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Seix Total Return Bond Fund (SAMFX) and Metropolitan West Investment Grade Credit Fund (MWIGX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SAMFX	MWIGX	Difference
Sharpe ratio: Return per unit of total volatility	1.07	1.39	-0.33
Sortino ratio: Return per unit of downside risk	1.59	2.17	-0.58
Omega ratio: Gain probability vs. loss probability	1.19	1.26	-0.07
Calmar ratio: Return relative to maximum drawdown	1.35	1.93	-0.57
Martin ratio: Return relative to average drawdown	3.98	6.03	-2.05

SAMFX vs. MWIGX - Sharpe Ratio Comparison

The current SAMFX Sharpe Ratio is 1.07, which is comparable to the MWIGX Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of SAMFX and MWIGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SAMFX vs. MWIGX - Drawdown Comparison

The maximum SAMFX drawdown since its inception was -18.72%, roughly equal to the maximum MWIGX drawdown of -18.32%. Use the drawdown chart below to compare losses from any high point for SAMFX and MWIGX.

Drawdown Indicators

	SAMFX	MWIGX	Difference
Max Drawdown Largest peak-to-trough decline	-18.72%	-18.32%	-0.40%
Max Drawdown (1Y) Largest decline over 1 year	-3.09%	-2.35%	-0.74%
Max Drawdown (3Y) Largest decline over 3 years	-6.48%	-3.88%	-2.60%
Max Drawdown (5Y) Largest decline over 5 years	-17.95%	-18.32%	+0.37%
Max Drawdown (10Y) Largest decline over 10 years	-18.72%	—	—
Current Drawdown Current decline from peak	-5.26%	-1.31%	-3.95%
Average Drawdown Average peak-to-trough decline	-3.51%	-4.45%	+0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.05%	0.75%	+0.30%

Volatility

SAMFX vs. MWIGX - Volatility Comparison

Virtus Seix Total Return Bond Fund (SAMFX) has a higher volatility of 1.24% compared to Metropolitan West Investment Grade Credit Fund (MWIGX) at 1.15%. This indicates that SAMFX's price experiences larger fluctuations and is considered to be riskier than MWIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAMFX	MWIGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.24%	1.15%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	2.93%	2.48%	+0.45%
Volatility (1Y) Calculated over the trailing 1-year period	3.91%	3.25%	+0.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.88%	4.95%	+0.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.90%	4.76%	+0.14%

SAMFX vs. MWIGX - Expense Ratio Comparison

SAMFX has a 0.46% expense ratio, which is lower than MWIGX's 1.87% expense ratio.

Dividends

SAMFX vs. MWIGX - Dividend Comparison

SAMFX's dividend yield for the trailing twelve months is around 4.23%, more than MWIGX's 4.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MWIGX Metropolitan West Investment Grade Credit Fund	4.07%	3.70%	4.52%	4.97%	6.33%	4.25%	9.21%	12.03%	3.98%	0.00%	0.00%	0.00%
SAMFX Virtus Seix Total Return Bond Fund	4.23%	4.25%	3.57%	3.16%	3.33%	1.09%	1.99%	1.95%	2.09%	2.36%	3.59%	2.12%

Frequently Asked Questions

Can I hold both SAMFX and MWIGX in my portfolio?

With a correlation of 0.91, SAMFX and MWIGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SAMFX or MWIGX?

SAMFX has higher volatility (1.24%) compared to MWIGX (1.15%). In terms of maximum drawdown, SAMFX dropped -18.72% vs MWIGX's -18.32%.

Which has better risk-adjusted returns?

MWIGX currently has the higher Sharpe Ratio (1.39 vs 1.07), 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.