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Driehaus Micro Cap Growth Fund (DMCRX) Sharpe Ratio: 2.97

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The fund uses a growth style of investment in equity securities, including common stocks and other equity securities of issuers. Under normal market conditions, it invests at least 80% of its net assets (plus the amount of borrowings for investment purposes) in the equity securities of U.S. micro-capitalization ("micro-cap") companies. For purposes of the fund, the investment adviser considers a company to be a micro-cap company if it is within the same market capitalization range at the time of investment as those included in the Russell Microcap Growth Index.

DMCRX's Sharpe Ratio of 2.97 indicates that for each unit of volatility, it generates 2.97 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

DMCRX Sharpe Ratio Rank

DMCRX Sharpe Ratio Rank: 89.990
Exceptional

DMCRX ranks above 89.9% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

DMCRX Sharpe Ratio Market Positioning

The chart shows DMCRX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.42 or lower
  • Yellow zone (middle 50%): 1.42 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 4.64+
  • Median: 2.09 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Driehaus Micro Cap Growth Fund's Sharpe Ratio with other mutual funds in the Small Cap Growth Equities category across multiple time periods, showing how DMCRX'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 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
NESIXNeedham Small Cap Growth Fund Institutional4.16
NESGXNeedham Small Cap Growth Fund4.11
NEAIXNeedham Aggressive Growth Fund Institutional Class3.71
NEAGXNeedham Aggressive Growth Fund3.67
HRSMXHood River Small-Cap Growth Fund3.22
OBMCXOberweis Micro Cap Fund3.09
DMCRXDriehaus Micro Cap Growth Fund2.97
FGROXEmerald Growth Fund Institutional Class2.88
HSPGXEmerald Growth Fund2.86
DSCIXDana Epiphany ESG Small Cap Equity Fund2.75

S&P 500 Index

How to choose period

Historical Sharpe Ratio

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

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

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