TWHIX vs. BIGRX

Last updated Jun 3, 2026

TWHIX (American Century Heritage Fund) and BIGRX (American Century Disciplined Core Value Fund) are both mutual funds - TWHIX is a Mid Cap Growth Equities fund managed by American Century, while BIGRX is a Large Cap Value Equities fund managed by American Century. Over the past 10 years, TWHIX returned 12.13%/yr vs 11.25%/yr for BIGRX. Their correlation of 0.81 suggests significant overlap in exposure. TWHIX charges 1.00%/yr vs 0.65%/yr for BIGRX.

Performance

TWHIX vs. BIGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Heritage Fund (TWHIX) and American Century Disciplined Core Value Fund (BIGRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TWHIX achieves a 6.98% return, which is significantly lower than BIGRX's 11.39% return. Over the past 10 years, TWHIX has outperformed BIGRX with an annualized return of 12.13%, while BIGRX has yielded a comparatively lower 11.25% annualized return.

TWHIX

• 1D: 1.18%
• 1M: 6.72%
• YTD: 6.98%
• 6M: 5.65%
• 1Y: 8.70%
• 3Y*: 15.62%
• 5Y*: 6.21%
• 10Y*: 12.13%

BIGRX

• 1D: 0.16%
• 1M: 3.04%
• YTD: 11.39%
• 6M: 13.17%
• 1Y: 28.70%
• 3Y*: 17.22%
• 5Y*: 7.45%
• 10Y*: 11.25%

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

TWHIX vs. BIGRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TWHIX American Century Heritage Fund	6.98%	6.53%	24.66%	20.64%	-28.13%	11.52%	42.61%	35.50%	-5.08%	21.83%
BIGRX American Century Disciplined Core Value Fund	11.39%	14.85%	13.26%	8.44%	-12.59%	24.22%	11.86%	24.00%	-6.37%	20.63%

Correlation

The correlation between TWHIX and BIGRX is 0.77, 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	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Dec 18, 1990	0.81

The correlation between TWHIX and BIGRX has been stable across timeframes, ranging from 0.75 to 0.81 - a consistent structural relationship.

Return for Risk

TWHIX vs. BIGRX — Risk / Return Rank

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

TWHIX

TWHIX Risk / Return Rank: 6
TWHIX Sharpe Ratio Rank: 6
TWHIX Sortino Ratio Rank: 7
TWHIX Omega Ratio Rank: 6
TWHIX Calmar Ratio Rank: 6
TWHIX Martin Ratio Rank: 6

BIGRX

BIGRX Risk / Return Rank: 76
BIGRX Sharpe Ratio Rank: 77
BIGRX Sortino Ratio Rank: 76
BIGRX Omega Ratio Rank: 68
BIGRX Calmar Ratio Rank: 79
BIGRX Martin Ratio Rank: 81

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.

TWHIX vs. BIGRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Heritage Fund (TWHIX) and American Century Disciplined Core Value Fund (BIGRX). 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.

	TWHIX	BIGRX	Difference
Sharpe ratio Return per unit of total volatility	0.54	2.56	-2.02
Sortino ratio Return per unit of downside risk	0.87	3.66	-2.78
Omega ratio Gain probability vs. loss probability	1.10	1.46	-0.36
Calmar ratio Return relative to maximum drawdown	0.66	3.60	-2.94
Martin ratio Return relative to average drawdown	1.92	15.23	-13.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TWHIX vs. BIGRX - Sharpe Ratio Comparison

The current TWHIX Sharpe Ratio is 0.54, which is lower than the BIGRX Sharpe Ratio of 2.56. The chart below compares the historical Sharpe Ratios of TWHIX and BIGRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TWHIX	BIGRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.54	2.56	-2.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.50	-0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.67	-0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.58	-0.05

Drawdowns

TWHIX vs. BIGRX - Drawdown Comparison

The maximum TWHIX drawdown since its inception was -56.98%, roughly equal to the maximum BIGRX drawdown of -58.04%. Use the drawdown chart below to compare losses from any high point for TWHIX and BIGRX.

Drawdown Indicators

	TWHIX	BIGRX	Difference
Max Drawdown Largest peak-to-trough decline	-56.98%	-58.04%	+1.06%
Max Drawdown (1Y) Largest decline over 1 year	-15.82%	-7.95%	-7.87%
Max Drawdown (3Y) Largest decline over 3 years	-26.30%	-18.24%	-8.06%
Max Drawdown (5Y) Largest decline over 5 years	-40.34%	-22.19%	-18.15%
Max Drawdown (10Y) Largest decline over 10 years	-40.34%	-32.62%	-7.72%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-12.25%	-9.00%	-3.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.43%	1.88%	+3.55%

Volatility

TWHIX vs. BIGRX - Volatility Comparison

American Century Heritage Fund (TWHIX) has a higher volatility of 4.09% compared to American Century Disciplined Core Value Fund (BIGRX) at 2.89%. This indicates that TWHIX's price experiences larger fluctuations and is considered to be riskier than BIGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TWHIX	BIGRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.09%	2.89%	+1.20%
Volatility (6M) Calculated over the trailing 6-month period	13.71%	8.36%	+5.35%
Volatility (1Y) Calculated over the trailing 1-year period	17.39%	11.26%	+6.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.25%	14.94%	+8.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.82%	16.82%	+6.00%

TWHIX vs. BIGRX - Expense Ratio Comparison

TWHIX has a 1.00% expense ratio, which is higher than BIGRX's 0.65% expense ratio.

Dividends

TWHIX vs. BIGRX - Dividend Comparison

TWHIX's dividend yield for the trailing twelve months is around 20.69%, more than BIGRX's 8.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIGRX American Century Disciplined Core Value Fund	8.13%	9.05%	1.32%	1.55%	1.88%	28.04%	16.19%	3.90%	13.40%	9.32%	3.91%	9.22%
TWHIX American Century Heritage Fund	20.69%	22.14%	15.58%	0.78%	0.98%	12.00%	13.72%	11.32%	25.33%	9.38%	8.71%	0.00%

Frequently Asked Questions

Can I hold both TWHIX and BIGRX in my portfolio?

TWHIX and BIGRX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TWHIX or BIGRX?

TWHIX has higher volatility (4.09%) compared to BIGRX (2.89%). In terms of maximum drawdown, TWHIX dropped -56.98% vs BIGRX's -58.04%.

Which has better risk-adjusted returns?

BIGRX currently has the higher Sharpe Ratio (2.56 vs 0.54), 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.