Correlation
The correlation between TFAZX and MWTIX is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
TFAZX vs. MWTIX
Compare and contrast key facts about TFA Tactical Income Fund (TFAZX) and Metropolitan West Total Return Bond Fund Class I (MWTIX).
TFAZX is managed by Tactical Fund Advisors. It was launched on Jun 9, 2019. MWTIX is managed by Metropolitan West Funds.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TFAZX or MWTIX.
Performance
TFAZX vs. MWTIX - Performance Comparison
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Key characteristics
TFAZX:
0.65
MWTIX:
0.99
TFAZX:
0.86
MWTIX:
1.45
TFAZX:
1.12
MWTIX:
1.17
TFAZX:
0.20
MWTIX:
0.44
TFAZX:
1.80
MWTIX:
2.25
TFAZX:
1.53%
MWTIX:
2.67%
TFAZX:
4.69%
MWTIX:
6.13%
TFAZX:
-17.69%
MWTIX:
-19.86%
TFAZX:
-10.97%
MWTIX:
-7.94%
Returns By Period
In the year-to-date period, TFAZX achieves a 0.12% return, which is significantly lower than MWTIX's 2.08% return.
TFAZX
0.12%
0.74%
-0.53%
2.88%
-0.74%
1.22%
N/A
MWTIX
2.08%
-0.44%
0.16%
5.27%
1.04%
-0.95%
1.56%
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TFAZX vs. MWTIX - Expense Ratio Comparison
TFAZX has a 1.97% expense ratio, which is higher than MWTIX's 0.45% expense ratio.
Risk-Adjusted Performance
TFAZX vs. MWTIX — Risk-Adjusted Performance Rank
TFAZX
MWTIX
TFAZX vs. MWTIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TFA Tactical Income Fund (TFAZX) and Metropolitan West Total Return Bond Fund Class I (MWTIX). 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.
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Dividends
TFAZX vs. MWTIX - Dividend Comparison
TFAZX's dividend yield for the trailing twelve months is around 2.39%, less than MWTIX's 4.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TFAZX TFA Tactical Income Fund | 2.39% | 2.39% | 3.05% | 0.97% | 16.23% | 0.05% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MWTIX Metropolitan West Total Return Bond Fund Class I | 4.06% | 4.67% | 4.11% | 2.93% | 1.33% | 6.59% | 3.61% | 2.73% | 2.16% | 3.52% | 2.95% | 2.55% |
Drawdowns
TFAZX vs. MWTIX - Drawdown Comparison
The maximum TFAZX drawdown since its inception was -17.69%, smaller than the maximum MWTIX drawdown of -19.86%. Use the drawdown chart below to compare losses from any high point for TFAZX and MWTIX.
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Volatility
TFAZX vs. MWTIX - Volatility Comparison
The current volatility for TFA Tactical Income Fund (TFAZX) is 0.71%, while Metropolitan West Total Return Bond Fund Class I (MWTIX) has a volatility of 1.78%. This indicates that TFAZX experiences smaller price fluctuations and is considered to be less risky than MWTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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