SKSEX vs. MEQFX
SKSEX (AMG GW&K Small Cap Value Fund) and MEQFX (AMG River Road Large Cap Value Select Fund) are both mutual funds - SKSEX is a Small Cap Blend Equities fund managed by AMG, while MEQFX is a Large Cap Blend Equities fund managed by AMG. Over the past 10 years, SKSEX returned 10.44%/yr vs 11.04%/yr for MEQFX. A 0.78 correlation means they provide meaningful diversification when combined. SKSEX charges 1.15%/yr vs 0.64%/yr for MEQFX.
Performance
SKSEX vs. MEQFX - Performance Comparison
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Returns By Period
In the year-to-date period, SKSEX achieves a 25.34% return, which is significantly higher than MEQFX's -3.05% return. Over the past 10 years, SKSEX has underperformed MEQFX with an annualized return of 10.44%, while MEQFX has yielded a comparatively higher 11.04% annualized return.
SKSEX
- 1D
- 0.75%
- 1M
- 4.21%
- YTD
- 25.34%
- 6M
- 22.22%
- 1Y
- 30.64%
- 3Y*
- 15.19%
- 5Y*
- 7.08%
- 10Y*
- 10.44%
MEQFX
- 1D
- 1.06%
- 1M
- 1.06%
- YTD
- -3.05%
- 6M
- -4.56%
- 1Y
- -7.57%
- 3Y*
- 10.53%
- 5Y*
- 9.11%
- 10Y*
- 11.04%
SKSEX vs. MEQFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SKSEX AMG GW&K Small Cap Value Fund | 25.34% | -4.50% | 10.60% | 17.49% | -15.36% | 33.22% | 3.30% | 38.26% | -18.98% | 8.39% |
MEQFX AMG River Road Large Cap Value Select Fund | -3.05% | -2.58% | 24.99% | 19.53% | -9.50% | 43.58% | -4.00% | 16.01% | 8.16% | 15.35% |
Correlation
The correlation between SKSEX and MEQFX is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 1992 | 0.78 |
The correlation between SKSEX and MEQFX has been stable across timeframes, ranging from 0.70 to 0.79 - a consistent structural relationship.
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Return for Risk
SKSEX vs. MEQFX — Risk / Return Rank
SKSEX
MEQFX
SKSEX vs. MEQFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AMG GW&K Small Cap Value Fund (SKSEX) and AMG River Road Large Cap Value Select Fund (MEQFX). 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.
| SKSEX | MEQFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.00 | ||
| Sortino ratioReturn per unit of downside risk | +2.53 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 0.92 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 2.72 | -0.50 | +3.21 |
| Martin ratioReturn relative to average drawdown | 7.57 | -0.90 | +8.47 |
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Drawdowns
SKSEX vs. MEQFX - Drawdown Comparison
The maximum SKSEX drawdown since its inception was -65.26%, which is greater than MEQFX's maximum drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for SKSEX and MEQFX.
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Drawdown Indicators
| SKSEX | MEQFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.26% | -55.38% | -9.88% |
Max Drawdown (1Y)Largest decline over 1 year | -10.83% | -17.43% | +6.60% |
Max Drawdown (3Y)Largest decline over 3 years | -26.39% | -17.43% | -8.96% |
Max Drawdown (5Y)Largest decline over 5 years | -26.39% | -19.48% | -6.91% |
Max Drawdown (10Y)Largest decline over 10 years | -49.36% | -28.69% | -20.67% |
Current DrawdownCurrent decline from peak | 0.00% | -14.47% | +14.47% |
Average DrawdownAverage peak-to-trough decline | -9.22% | -12.19% | +2.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.87% | 9.54% | -5.67% |
Volatility
SKSEX vs. MEQFX - Volatility Comparison
AMG GW&K Small Cap Value Fund (SKSEX) has a higher volatility of 5.26% compared to AMG River Road Large Cap Value Select Fund (MEQFX) at 3.97%. This indicates that SKSEX's price experiences larger fluctuations and is considered to be riskier than MEQFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SKSEX | MEQFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.26% | 3.97% | +1.29% |
Volatility (6M)Calculated over the trailing 6-month period | 12.97% | 9.69% | +3.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.69% | 17.05% | +2.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.43% | 17.52% | +3.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.45% | 19.60% | +4.85% |
SKSEX vs. MEQFX - Expense Ratio Comparison
SKSEX has a 1.15% expense ratio, which is higher than MEQFX's 0.64% expense ratio.
Dividends
SKSEX vs. MEQFX - Dividend Comparison
Neither SKSEX nor MEQFX has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEQFX AMG River Road Large Cap Value Select Fund | 0.00% | 0.00% | 4.48% | 0.98% | 2.13% | 27.90% | 0.00% | 9.17% | 3.40% | 30.28% | 5.96% | 11.63% |
SKSEX AMG GW&K Small Cap Value Fund | 0.00% | 0.00% | 8.62% | 1.51% | 1.69% | 13.94% | 43.15% | 13.91% | 14.98% | 6.75% | 0.02% | 4.98% |
Frequently Asked Questions
SKSEX and MEQFX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SKSEX has higher volatility (5.26%) compared to MEQFX (3.97%). In terms of maximum drawdown, SKSEX dropped -65.26% vs MEQFX's -55.38%.
SKSEX currently has the higher Sharpe Ratio (1.50 vs -0.51), 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.
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