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.
Key characteristics
| TFAZX | MWTIX | |
|---|---|---|
| YTD Return | 1.08% | 2.08% |
| 1Y Return | 5.55% | 9.65% |
| 3Y Return (Ann) | -7.85% | -2.92% |
| 5Y Return (Ann) | -3.02% | -1.03% |
| Sharpe Ratio | 1.07 | 1.28 |
| Sortino Ratio | 1.48 | 1.89 |
| Omega Ratio | 1.21 | 1.23 |
| Calmar Ratio | 0.20 | 0.43 |
| Martin Ratio | 2.67 | 4.37 |
| Ulcer Index | 1.94% | 2.01% |
| Daily Std Dev | 4.81% | 6.88% |
| Max Drawdown | -26.90% | -23.26% |
| Current Drawdown | -21.70% | -12.78% |
Correlation
The correlation between TFAZX and MWTIX is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TFAZX vs. MWTIX - Performance Comparison
In the year-to-date period, TFAZX achieves a 1.08% return, which is significantly lower than MWTIX's 2.08% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 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.
Dividends
TFAZX vs. MWTIX - Dividend Comparison
TFAZX's dividend yield for the trailing twelve months is around 3.02%, less than MWTIX's 4.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TFAZX TFA Tactical Income Fund | 3.02% | 3.05% | 0.84% | 0.00% | 0.06% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MWTIX Metropolitan West Total Return Bond Fund Class I | 4.33% | 4.11% | 2.93% | 1.30% | 1.78% | 2.76% | 2.73% | 2.16% | 2.09% | 1.84% | 2.30% | 3.13% |
Drawdowns
TFAZX vs. MWTIX - Drawdown Comparison
The maximum TFAZX drawdown since its inception was -26.90%, which is greater than MWTIX's maximum drawdown of -23.26%. Use the drawdown chart below to compare losses from any high point for TFAZX and MWTIX. For additional features, visit the drawdowns tool.
Volatility
TFAZX vs. MWTIX - Volatility Comparison
The current volatility for TFA Tactical Income Fund (TFAZX) is 1.14%, while Metropolitan West Total Return Bond Fund Class I (MWTIX) has a volatility of 1.72%. 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.