SAWMX vs. SABTX

Last updated Jun 23, 2026

SAWMX (SA Worldwide Moderate Growth Fund) and SABTX (SA U.S. Value Fund) are both mutual funds - SAWMX is a Global Allocation fund managed by SA Funds, while SABTX is a Large Cap Value Equities fund managed by SA Funds. Over the past 10 years, SAWMX returned 8.76%/yr vs 11.58%/yr for SABTX. Their correlation of 0.90 suggests significant overlap in exposure. SAWMX charges 0.00%/yr vs 0.73%/yr for SABTX.

Performance

SAWMX vs. SABTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SA Worldwide Moderate Growth Fund (SAWMX) and SA U.S. Value Fund (SABTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SAWMX achieves a 10.51% return, which is significantly lower than SABTX's 17.85% return. Over the past 10 years, SAWMX has underperformed SABTX with an annualized return of 8.76%, while SABTX has yielded a comparatively higher 11.58% annualized return.

SAWMX

• 1D: 0.22%
• 1M: 1.23%
• YTD: 10.51%
• 6M: 10.42%
• 1Y: 23.19%
• 3Y*: 13.86%
• 5Y*: 8.51%
• 10Y*: 8.76%

SABTX

• 1D: 0.31%
• 1M: 2.76%
• YTD: 17.85%
• 6M: 17.13%
• 1Y: 35.82%
• 3Y*: 18.73%
• 5Y*: 12.03%
• 10Y*: 11.58%

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

SAWMX vs. SABTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SAWMX SA Worldwide Moderate Growth Fund	10.51%	18.15%	6.40%	13.60%	-8.96%	16.67%	4.12%	17.03%	-7.87%	13.89%
SABTX SA U.S. Value Fund	17.85%	17.69%	11.32%	11.82%	-6.35%	27.06%	-2.04%	24.85%	-12.14%	18.45%

Correlation

The correlation between SAWMX and SABTX is 0.85, 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	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.90

The correlation between SAWMX and SABTX has been stable across timeframes, ranging from 0.85 to 0.90 - a consistent structural relationship.

Return for Risk

SAWMX vs. SABTX — Risk / Return Rank

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

SAWMX

SAWMX Risk / Return Rank: 93
SAWMX Sharpe Ratio Rank: 97
SAWMX Sortino Ratio Rank: 96
SAWMX Omega Ratio Rank: 91
SAWMX Calmar Ratio Rank: 91
SAWMX Martin Ratio Rank: 92

SABTX

SABTX Risk / Return Rank: 95
SABTX Sharpe Ratio Rank: 97
SABTX Sortino Ratio Rank: 95
SABTX Omega Ratio Rank: 88
SABTX Calmar Ratio Rank: 97
SABTX 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.

SAWMX vs. SABTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SA Worldwide Moderate Growth Fund (SAWMX) and SA U.S. Value Fund (SABTX). 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.

	SAWMX	SABTX	Difference
Sharpe ratio: Return per unit of total volatility	3.40	3.34	+0.06
Sortino ratio: Return per unit of downside risk	4.94	4.63	+0.31
Omega ratio: Gain probability vs. loss probability	1.64	1.58	+0.06
Calmar ratio: Return relative to maximum drawdown	4.44	6.26	-1.83
Martin ratio: Return relative to average drawdown	17.54	22.52	-4.97

SAWMX vs. SABTX - Sharpe Ratio Comparison

The current SAWMX Sharpe Ratio is 3.40, which is comparable to the SABTX Sharpe Ratio of 3.34. The chart below compares the historical Sharpe Ratios of SAWMX and SABTX, 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

SAWMX vs. SABTX - Drawdown Comparison

The maximum SAWMX drawdown since its inception was -30.56%, smaller than the maximum SABTX drawdown of -66.96%. Use the drawdown chart below to compare losses from any high point for SAWMX and SABTX.

Drawdown Indicators

	SAWMX	SABTX	Difference
Max Drawdown Largest peak-to-trough decline	-30.56%	-66.96%	+36.40%
Max Drawdown (1Y) Largest decline over 1 year	-5.79%	-6.36%	+0.57%
Max Drawdown (3Y) Largest decline over 3 years	-11.86%	-16.63%	+4.77%
Max Drawdown (5Y) Largest decline over 5 years	-17.57%	-20.42%	+2.85%
Max Drawdown (10Y) Largest decline over 10 years	-30.56%	-42.00%	+11.44%
Current Drawdown Current decline from peak	-0.57%	-1.13%	+0.56%
Average Drawdown Average peak-to-trough decline	-3.68%	-11.30%	+7.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.40%	1.74%	-0.34%

Volatility

SAWMX vs. SABTX - Volatility Comparison

The current volatility for SA Worldwide Moderate Growth Fund (SAWMX) is 2.51%, while SA U.S. Value Fund (SABTX) has a volatility of 3.93%. This indicates that SAWMX experiences smaller price fluctuations and is considered to be less risky than SABTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAWMX	SABTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.51%	3.93%	-1.42%
Volatility (6M) Calculated over the trailing 6-month period	5.82%	8.60%	-2.78%
Volatility (1Y) Calculated over the trailing 1-year period	7.55%	11.95%	-4.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.91%	16.39%	-6.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.10%	19.18%	-8.08%

SAWMX vs. SABTX - Expense Ratio Comparison

SAWMX has a 0.00% expense ratio, which is lower than SABTX's 0.73% expense ratio.

Dividends

SAWMX vs. SABTX - Dividend Comparison

SAWMX's dividend yield for the trailing twelve months is around 5.38%, more than SABTX's 3.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SABTX SA U.S. Value Fund	3.29%	3.88%	2.60%	1.67%	7.66%	4.25%	1.52%	5.14%	9.80%	10.36%	5.08%	6.83%
SAWMX SA Worldwide Moderate Growth Fund	5.38%	5.95%	3.34%	4.20%	8.36%	4.52%	4.88%	5.66%	6.82%	1.28%	1.96%	0.00%

Frequently Asked Questions

Can I hold both SAWMX and SABTX in my portfolio?

SAWMX and SABTX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SAWMX or SABTX?

SABTX has higher volatility (3.93%) compared to SAWMX (2.51%). In terms of maximum drawdown, SAWMX dropped -30.56% vs SABTX's -66.96%.

Which has better risk-adjusted returns?

SAWMX currently has the higher Sharpe Ratio (3.40 vs 3.34), 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.