TGRGX vs. THYIX

Last updated Jul 14, 2026

TGRGX (Transamerica International Focus) and THYIX (Transamerica High Yield Muni) are both mutual funds - TGRGX is a Foreign Large Cap Equities fund managed by Transamerica, while THYIX is a High Yield Muni fund managed by Transamerica. Over the past 5 years, TGRGX returned 0.55%/yr vs 0.01%/yr for THYIX. At a 0.10 correlation, their price movements are largely independent. TGRGX charges 1.05%/yr vs 0.76%/yr for THYIX.

Performance

TGRGX vs. THYIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Transamerica International Focus (TGRGX) and Transamerica High Yield Muni (THYIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TGRGX achieves a 5.07% return, which is significantly higher than THYIX's 2.95% return.

TGRGX

• 1D: 0.00%
• 1M: 1.54%
• 6M: 3.12%
• YTD: 5.07%
• 1Y: -1.26%
• 3Y*: 5.30%
• 5Y*: 0.55%
• 10Y*: —

THYIX

• 1D: -0.10%
• 1M: 0.67%
• 6M: 2.55%
• YTD: 2.95%
• 1Y: 7.58%
• 3Y*: 5.47%
• 5Y*: 0.01%
• 10Y*: 2.25%

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

TGRGX vs. THYIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TGRGX Transamerica International Focus	5.07%	6.79%	-0.73%	12.65%	-20.27%	10.78%	21.16%	14.39%
THYIX Transamerica High Yield Muni	2.95%	3.17%	6.05%	8.24%	-18.68%	7.94%	3.15%	7.02%

Correlation

The correlation between TGRGX and THYIX is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since Mar 22, 2019	0.10

Over the past year, TGRGX and THYIX have become more correlated (0.31) than their long-term average of 0.10, meaning their price movements have been converging.

Return for Risk

TGRGX vs. THYIX — Risk / Return Rank

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

TGRGX

TGRGX Risk / Return Rank: 3
TGRGX Sharpe Ratio Rank: 3
TGRGX Sortino Ratio Rank: 3
TGRGX Omega Ratio Rank: 3
TGRGX Calmar Ratio Rank: 3
TGRGX Martin Ratio Rank: 3

THYIX

THYIX Risk / Return Rank: 82
THYIX Sharpe Ratio Rank: 88
THYIX Sortino Ratio Rank: 90
THYIX Omega Ratio Rank: 90
THYIX Calmar Ratio Rank: 73
THYIX Martin Ratio Rank: 71

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.

TGRGX vs. THYIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Transamerica International Focus (TGRGX) and Transamerica High Yield Muni (THYIX). 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.

	TGRGX	THYIX	Difference
Sharpe ratio: Return per unit of total volatility	-0.11	2.34	-2.45
Sortino ratio: Return per unit of downside risk	-0.03	3.74	-3.77
Omega ratio: Gain probability vs. loss probability	1.00	1.55	-0.56
Calmar ratio: Return relative to maximum drawdown	-0.11	2.66	-2.77
Martin ratio: Return relative to average drawdown	-0.27	10.31	-10.58

TGRGX vs. THYIX - Sharpe Ratio Comparison

The current TGRGX Sharpe Ratio is -0.11, which is lower than the THYIX Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of TGRGX and THYIX, 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

TGRGX vs. THYIX - Drawdown Comparison

The maximum TGRGX drawdown since its inception was -35.21%, which is greater than THYIX's maximum drawdown of -23.56%. Use the drawdown chart below to compare losses from any high point for TGRGX and THYIX.

Drawdown Indicators

	TGRGX	THYIX	Difference
Max Drawdown Largest peak-to-trough decline	-35.21%	-23.56%	-11.65%
Max Drawdown (1Y) Largest decline over 1 year	-16.12%	-2.74%	-13.38%
Max Drawdown (3Y) Largest decline over 3 years	-17.88%	-6.66%	-11.22%
Max Drawdown (5Y) Largest decline over 5 years	-34.46%	-23.56%	-10.90%
Max Drawdown (10Y) Largest decline over 10 years	—	-23.56%	—
Current Drawdown Current decline from peak	-3.34%	-0.87%	-2.47%
Average Drawdown Average peak-to-trough decline	-9.48%	-4.55%	-4.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.67%	0.75%	+5.92%

Volatility

TGRGX vs. THYIX - Volatility Comparison

Transamerica International Focus (TGRGX) has a higher volatility of 7.61% compared to Transamerica High Yield Muni (THYIX) at 0.67%. This indicates that TGRGX's price experiences larger fluctuations and is considered to be riskier than THYIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TGRGX	THYIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.61%	0.67%	+6.94%
Volatility (6M) Calculated over the trailing 6-month period	14.93%	2.28%	+12.65%
Volatility (1Y) Calculated over the trailing 1-year period	16.84%	3.11%	+13.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.97%	5.37%	+12.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.42%	4.98%	+14.44%

TGRGX vs. THYIX - Expense Ratio Comparison

TGRGX has a 1.05% expense ratio, which is higher than THYIX's 0.76% expense ratio.

Dividends

TGRGX vs. THYIX - Dividend Comparison

TGRGX's dividend yield for the trailing twelve months is around 0.87%, less than THYIX's 4.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TGRGX Transamerica International Focus	0.87%	0.91%	20.50%	8.42%	1.74%	5.85%	0.78%	1.72%	0.00%	0.00%	0.00%	0.00%
THYIX Transamerica High Yield Muni	4.34%	4.52%	3.93%	3.18%	2.81%	3.10%	3.64%	3.65%	3.81%	3.10%	4.42%	3.40%

Frequently Asked Questions

Can I hold both TGRGX and THYIX in my portfolio?

TGRGX and THYIX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TGRGX or THYIX?

TGRGX has higher volatility (7.61%) compared to THYIX (0.67%). In terms of maximum drawdown, TGRGX dropped -35.21% vs THYIX's -23.56%.

Which has better risk-adjusted returns?

THYIX currently has the higher Sharpe Ratio (2.34 vs -0.11), 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.