TWQZX vs. THYIX
TWQZX (Transamerica Large Cap Value Fund) and THYIX (Transamerica High Yield Muni) are both mutual funds - TWQZX is a Large Cap Value Equities fund managed by Transamerica, while THYIX is a High Yield Muni fund managed by Transamerica. Over the past 10 years, TWQZX returned 11.67%/yr vs 2.11%/yr for THYIX. Their -0.07 correlation means they have often moved in opposite directions in the past. TWQZX charges 0.61%/yr vs 0.76%/yr for THYIX.
Performance
TWQZX vs. THYIX - Performance Comparison
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Returns By Period
In the year-to-date period, TWQZX achieves a 14.23% return, which is significantly higher than THYIX's 1.48% return. Over the past 10 years, TWQZX has outperformed THYIX with an annualized return of 11.67%, while THYIX has yielded a comparatively lower 2.11% annualized return.
TWQZX
- 1D
- 1.24%
- 1M
- 2.67%
- 6M
- 9.03%
- YTD
- 14.23%
- 1Y
- 29.53%
- 3Y*
- 19.93%
- 5Y*
- 13.50%
- 10Y*
- 11.67%
- ALL TIME*
- 12.53%
THYIX
- 1D
- -0.29%
- 1M
- -1.90%
- 6M
- 0.84%
- YTD
- 1.48%
- 1Y
- 6.24%
- 3Y*
- 4.60%
- 5Y*
- -0.37%
- 10Y*
- 2.11%
- ALL TIME*
- 4.02%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TWQZX vs. THYIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TWQZX Transamerica Large Cap Value Fund | 14.23% | 23.94% | 17.19% | 13.20% | -7.13% | 31.23% | 1.29% | 18.09% | -10.40% | 12.48% |
THYIX Transamerica High Yield Muni | 1.48% | 3.17% | 6.05% | 8.24% | -18.68% | 7.94% | 3.15% | 9.62% | 0.66% | 9.67% |
Correlation
The correlation between TWQZX and THYIX is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.09 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.01 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | -0.07 |
The correlation between TWQZX and THYIX shifts across timeframes, from -0.07 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
TWQZX vs. THYIX — Risk / Return Rank
TWQZX
THYIX
TWQZX vs. THYIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica Large Cap Value Fund (TWQZX) 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.
| TWQZX | THYIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.58 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.59 | 2.71 | +0.88 |
| Martin ratioReturn relative to average drawdown | 16.12 | 10.42 | +5.71 |
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Drawdowns
TWQZX vs. THYIX - Drawdown Comparison
The maximum TWQZX drawdown since its inception was -42.44%, which is greater than THYIX's maximum drawdown of -23.56%. Use the drawdown chart below to compare losses from any high point for TWQZX and THYIX.
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Drawdown Indicators
| TWQZX | THYIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.44% | -23.56% | -18.88% |
Max Drawdown (1Y)Largest decline over 1 year | -7.61% | -2.74% | -4.87% |
Max Drawdown (3Y)Largest decline over 3 years | -15.22% | -6.27% | -8.95% |
Max Drawdown (5Y)Largest decline over 5 years | -18.69% | -23.56% | +4.87% |
Max Drawdown (10Y)Largest decline over 10 years | -42.44% | -23.56% | -18.88% |
Current DrawdownCurrent decline from peak | 0.00% | -2.29% | +2.29% |
Average DrawdownAverage peak-to-trough decline | -4.36% | -4.53% | +0.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.70% | 0.71% | +0.99% |
Volatility
TWQZX vs. THYIX - Volatility Comparison
Transamerica Large Cap Value Fund (TWQZX) has a higher volatility of 2.97% compared to Transamerica High Yield Muni (THYIX) at 0.92%. This indicates that TWQZX'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.
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Volatility by Period
| TWQZX | THYIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.97% | 0.92% | +2.05% |
Volatility (6M)Calculated over the trailing 6-month period | 8.87% | 2.44% | +6.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.60% | 3.10% | +8.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.55% | 5.39% | +10.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.16% | 4.98% | +13.18% |
TWQZX vs. THYIX - Expense Ratio Comparison
TWQZX has a 0.61% expense ratio, which is lower than THYIX's 0.76% expense ratio.
Dividends
TWQZX vs. THYIX - Dividend Comparison
TWQZX's dividend yield for the trailing twelve months is around 3.44%, less than THYIX's 4.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THYIX Transamerica High Yield Muni | 4.02% | 4.52% | 3.93% | 3.18% | 2.81% | 3.10% | 3.64% | 3.65% | 3.81% | 3.10% | 4.42% | 3.40% |
TWQZX Transamerica Large Cap Value Fund | 3.44% | 4.01% | 3.06% | 8.74% | 7.07% | 2.41% | 1.97% | 4.88% | 13.02% | 13.17% | 9.91% | 13.44% |
Frequently Asked Questions
TWQZX and THYIX have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TWQZX has higher volatility (2.97%) compared to THYIX (0.92%). In terms of maximum drawdown, TWQZX dropped -42.44% vs THYIX's -23.56%.
THYIX currently has the higher Sharpe Ratio (2.40 vs 2.36), 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.
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