SDSAX vs. VMSAX
Compare and contrast key facts about Western Asset Income Fund (SDSAX) and Vanguard Multi-Sector Income Bond Fund Admiral Shares (VMSAX).
SDSAX is managed by Franklin Templeton. It was launched on Nov 5, 1992. VMSAX is an actively managed fund by Vanguard. It was launched on Oct 12, 2021.
Performance
SDSAX vs. VMSAX - Performance Comparison
Loading graphics...
SDSAX vs. VMSAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SDSAX Western Asset Income Fund | -1.36% | 7.99% | 4.35% | 9.03% | -12.51% |
VMSAX Vanguard Multi-Sector Income Bond Fund Admiral Shares | -0.99% | 9.08% | 6.86% | 10.53% | -8.42% |
Returns By Period
In the year-to-date period, SDSAX achieves a -1.36% return, which is significantly lower than VMSAX's -0.99% return.
SDSAX
- 1D
- 0.20%
- 1M
- -2.57%
- YTD
- -1.36%
- 6M
- -0.02%
- 1Y
- 4.92%
- 3Y*
- 5.46%
- 5Y*
- 1.63%
- 10Y*
- 3.39%
VMSAX
- 1D
- 0.22%
- 1M
- -1.98%
- YTD
- -0.99%
- 6M
- 0.66%
- 1Y
- 6.00%
- 3Y*
- 7.21%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SDSAX vs. VMSAX - Expense Ratio Comparison
SDSAX has a 0.92% expense ratio, which is higher than VMSAX's 0.30% expense ratio.
Return for Risk
SDSAX vs. VMSAX — Risk / Return Rank
SDSAX
VMSAX
SDSAX vs. VMSAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Income Fund (SDSAX) and Vanguard Multi-Sector Income Bond Fund Admiral Shares (VMSAX). 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.
| SDSAX | VMSAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.46 | 0.05 | +1.42 |
Sortino ratioReturn per unit of downside risk | 2.21 | 1.32 | +0.89 |
Omega ratioGain probability vs. loss probability | 1.31 | 2.07 | -0.76 |
Calmar ratioReturn relative to maximum drawdown | 1.92 | 0.11 | +1.81 |
Martin ratioReturn relative to average drawdown | 7.34 | 1.75 | +5.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SDSAX | VMSAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 0.05 | +1.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.14 | 0.06 | +1.08 |
Correlation
The correlation between SDSAX and VMSAX is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
SDSAX vs. VMSAX - Dividend Comparison
SDSAX's dividend yield for the trailing twelve months is around 6.33%, more than VMSAX's 5.17% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDSAX Western Asset Income Fund | 6.33% | 6.85% | 6.05% | 6.54% | 4.78% | 3.39% | 4.48% | 5.69% | 5.97% | 4.90% | 5.14% | 9.07% |
VMSAX Vanguard Multi-Sector Income Bond Fund Admiral Shares | 5.17% | 5.66% | 6.48% | 5.52% | 3.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SDSAX vs. VMSAX - Drawdown Comparison
The maximum SDSAX drawdown since its inception was -27.16%, smaller than the maximum VMSAX drawdown of -54.84%. Use the drawdown chart below to compare losses from any high point for SDSAX and VMSAX.
Loading graphics...
Drawdown Indicators
| SDSAX | VMSAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.16% | -54.84% | +27.68% |
Max Drawdown (1Y)Largest decline over 1 year | -2.77% | -54.84% | +52.07% |
Max Drawdown (5Y)Largest decline over 5 years | -17.75% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -20.55% | — | — |
Current DrawdownCurrent decline from peak | -2.57% | -2.03% | -0.54% |
Average DrawdownAverage peak-to-trough decline | -2.41% | -3.21% | +0.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.72% | 3.50% | -2.78% |
Volatility
SDSAX vs. VMSAX - Volatility Comparison
Western Asset Income Fund (SDSAX) and Vanguard Multi-Sector Income Bond Fund Admiral Shares (VMSAX) have volatilities of 1.18% and 1.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SDSAX | VMSAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.18% | 1.19% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.30% | 112.83% | -110.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.66% | 133.59% | -129.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.57% | 65.65% | -61.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.81% | 65.65% | -60.84% |