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Sortino ratio is not yet available for DEVDX. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar mutual funds

The table compares Driehaus Event Driven Fund's Sortino Ratio with other mutual funds in the Event Driven category across multiple time periods, showing how DEVDX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 5, 2026.


SymbolName1Y Sortino Ratio5Y Sortino Ratio10Y Sortino RatioAll Time Sortino Ratio
HMEZXNexPoint Merger Arbitrage Fund8.08
MERIXThe Merger Fund Class I6.81
VARBXVivaldi Merger Arbitrage Fund Class I6.22
ARBNXThe Arbitrage Fund Class Institutional6.20
DAMDXDunham Monthly Distribution Fund5.93
MERFXThe Merger Fund5.92
ARBFXThe Arbitrage Fund5.87
AEDNXWater Island Event-Driven Fund4.79
EMAYXGabelli Enterprise Mergers and Acquisitions Fund3.53
WCFRXVirtus Westchester Credit Event Fund3.05
DEVDXDriehaus Event Driven Fund

S&P 500 Index

How to choose period

Historical Sortino Ratio

The chart shows DEVDX's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when DEVDX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.


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