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TSI vs. ANGLX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

TSI vs. ANGLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCW Strategic Income Fund Inc. (TSI) and Angel Oak Multi-Strategy Income Fund (ANGLX). The values are adjusted to include any dividend payments, if applicable.

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TSI vs. ANGLX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
TSI
TCW Strategic Income Fund Inc.
-7.86%9.72%13.45%7.13%-14.33%8.08%3.77%17.97%-3.83%16.42%
ANGLX
Angel Oak Multi-Strategy Income Fund
0.41%7.45%7.60%4.06%-14.00%4.26%-1.99%4.73%2.62%5.47%

Returns By Period

In the year-to-date period, TSI achieves a -7.86% return, which is significantly lower than ANGLX's 0.41% return. Over the past 10 years, TSI has outperformed ANGLX with an annualized return of 5.28%, while ANGLX has yielded a comparatively lower 2.49% annualized return.


TSI

1D
0.45%
1M
-4.02%
YTD
-7.86%
6M
-5.00%
1Y
-1.27%
3Y*
6.20%
5Y*
2.49%
10Y*
5.28%

ANGLX

1D
0.23%
1M
-1.24%
YTD
0.41%
6M
1.99%
1Y
5.50%
3Y*
6.11%
5Y*
1.36%
10Y*
2.49%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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TSI vs. ANGLX - Expense Ratio Comparison


Return for Risk

TSI vs. ANGLX — Risk / Return Rank

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

TSI
TSI Risk / Return Rank: 44
Overall Rank
TSI Sharpe Ratio Rank: 33
Sharpe Ratio Rank
TSI Sortino Ratio Rank: 33
Sortino Ratio Rank
TSI Omega Ratio Rank: 33
Omega Ratio Rank
TSI Calmar Ratio Rank: 55
Calmar Ratio Rank
TSI Martin Ratio Rank: 55
Martin Ratio Rank

ANGLX
ANGLX Risk / Return Rank: 9797
Overall Rank
ANGLX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
ANGLX Sortino Ratio Rank: 9898
Sortino Ratio Rank
ANGLX Omega Ratio Rank: 9797
Omega Ratio Rank
ANGLX Calmar Ratio Rank: 9797
Calmar Ratio Rank
ANGLX Martin Ratio Rank: 9696
Martin Ratio Rank
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.

TSI vs. ANGLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Strategic Income Fund Inc. (TSI) and Angel Oak Multi-Strategy Income Fund (ANGLX). 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.


TSIANGLXDifference

Sharpe ratio

Return per unit of total volatility

-0.14

2.57

-2.71

Sortino ratio

Return per unit of downside risk

-0.12

4.73

-4.85

Omega ratio

Gain probability vs. loss probability

0.98

1.64

-0.65

Calmar ratio

Return relative to maximum drawdown

-0.07

4.23

-4.30

Martin ratio

Return relative to average drawdown

-0.25

14.83

-15.08

TSI vs. ANGLX - Sharpe Ratio Comparison

The current TSI Sharpe Ratio is -0.14, which is lower than the ANGLX Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of TSI and ANGLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


TSIANGLXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.14

2.57

-2.71

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.23

0.49

-0.27

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.38

0.76

-0.38

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

1.26

-0.79

Correlation

The correlation between TSI and ANGLX is 0.11, 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.


Dividends

TSI vs. ANGLX - Dividend Comparison

TSI's dividend yield for the trailing twelve months is around 7.24%, more than ANGLX's 4.88% yield.


TTM20252024202320222021202020192018201720162015
TSI
TCW Strategic Income Fund Inc.
7.24%6.58%8.00%7.73%7.00%6.36%4.83%7.39%7.07%5.36%5.21%4.08%
ANGLX
Angel Oak Multi-Strategy Income Fund
4.88%5.41%5.89%4.78%3.69%4.69%4.38%4.53%4.70%4.97%5.83%6.74%

Drawdowns

TSI vs. ANGLX - Drawdown Comparison

The maximum TSI drawdown since its inception was -60.35%, which is greater than ANGLX's maximum drawdown of -16.40%. Use the drawdown chart below to compare losses from any high point for TSI and ANGLX.


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Drawdown Indicators


TSIANGLXDifference

Max Drawdown

Largest peak-to-trough decline

-60.35%

-16.40%

-43.95%

Max Drawdown (1Y)

Largest decline over 1 year

-8.30%

-1.47%

-6.83%

Max Drawdown (5Y)

Largest decline over 5 years

-18.56%

-14.34%

-4.22%

Max Drawdown (10Y)

Largest decline over 10 years

-30.00%

-16.40%

-13.60%

Current Drawdown

Current decline from peak

-7.89%

-1.24%

-6.65%

Average Drawdown

Average peak-to-trough decline

-7.70%

-2.78%

-4.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.20%

0.42%

+1.78%

Volatility

TSI vs. ANGLX - Volatility Comparison

TCW Strategic Income Fund Inc. (TSI) has a higher volatility of 4.87% compared to Angel Oak Multi-Strategy Income Fund (ANGLX) at 0.61%. This indicates that TSI's price experiences larger fluctuations and is considered to be riskier than ANGLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TSIANGLXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.87%

0.61%

+4.26%

Volatility (6M)

Calculated over the trailing 6-month period

7.31%

1.45%

+5.86%

Volatility (1Y)

Calculated over the trailing 1-year period

9.21%

2.34%

+6.87%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.03%

2.76%

+8.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.07%

3.28%

+10.79%