WSHFX vs. ASMOX

Last updated Jun 23, 2026

WSHFX (American Funds Washington Mutual Investors Fund Class F-1) and ASMOX (AQR Small Cap Momentum Style Fund) are both mutual funds - WSHFX is a Large Cap Blend Equities fund managed by American Funds, while ASMOX is a Small Cap Growth Equities fund managed by AQR Funds. A 0.79 correlation means they provide meaningful diversification when combined. WSHFX charges 0.64%/yr vs 0.61%/yr for ASMOX.

Performance

WSHFX vs. ASMOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Washington Mutual Investors Fund Class F-1 (WSHFX) and AQR Small Cap Momentum Style Fund (ASMOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WSHFX

• 1D: 0.46%
• 1M: 0.68%
• YTD: 5.91%
• 6M: 5.48%
• 1Y: 17.73%
• 3Y*: 17.29%
• 5Y*: 12.53%
• 10Y*: 12.78%

ASMOX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WSHFX vs. ASMOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WSHFX American Funds Washington Mutual Investors Fund Class F-1	5.91%	17.13%	18.94%	17.15%	-8.50%	28.36%	7.62%	24.82%	-6.27%	19.91%
ASMOX AQR Small Cap Momentum Style Fund	17.33%	16.87%	16.54%	18.37%	-19.56%	15.37%	25.76%	26.47%	-12.14%	17.43%

Correlation

The correlation between WSHFX and ASMOX is 0.70, 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	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Jul 9, 2009	0.79

The correlation between WSHFX and ASMOX has been stable across timeframes, ranging from 0.70 to 0.79 - a consistent structural relationship.

Return for Risk

WSHFX vs. ASMOX — Risk / Return Rank

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

WSHFX

WSHFX Risk / Return Rank: 39
WSHFX Sharpe Ratio Rank: 39
WSHFX Sortino Ratio Rank: 38
WSHFX Omega Ratio Rank: 38
WSHFX Calmar Ratio Rank: 35
WSHFX Martin Ratio Rank: 46

ASMOX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

WSHFX vs. ASMOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Washington Mutual Investors Fund Class F-1 (WSHFX) and AQR Small Cap Momentum Style Fund (ASMOX). 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.

	WSHFX	ASMOX	Difference
Sharpe ratio: Return per unit of total volatility	1.68	—	—
Sortino ratio: Return per unit of downside risk	2.40	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.11	—	—
Martin ratio: Return relative to average drawdown	9.11	—	—

Drawdowns

Drawdown Indicators

	WSHFX	ASMOX	Difference
Max Drawdown Largest peak-to-trough decline	-53.94%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.38%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.65%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.69%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.67%	—	—
Current Drawdown Current decline from peak	-0.58%	—	—
Average Drawdown Average peak-to-trough decline	-7.32%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	—	—

Volatility

Volatility by Period

	WSHFX	ASMOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.96%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.07%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.52%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.12%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.34%	—	—

WSHFX vs. ASMOX - Expense Ratio Comparison

WSHFX has a 0.64% expense ratio, which is higher than ASMOX's 0.61% expense ratio.

Dividends

WSHFX vs. ASMOX - Dividend Comparison

WSHFX's dividend yield for the trailing twelve months is around 9.76%, more than ASMOX's 7.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASMOX AQR Small Cap Momentum Style Fund	7.88%	8.12%	18.80%	3.92%	0.57%	24.81%	5.46%	4.38%	29.63%	9.90%	0.79%	1.23%
WSHFX American Funds Washington Mutual Investors Fund Class F-1	9.76%	10.08%	10.05%	6.11%	6.28%	6.01%	3.02%	6.17%	4.28%	7.19%	6.32%	6.18%

Frequently Asked Questions

Can I hold both WSHFX and ASMOX in my portfolio?

WSHFX and ASMOX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.