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BNY Mellon Active MidCap Fund (DNLDX) Sharpe Ratio: 1.73

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The investment seeks to maximize capital appreciation. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in the stocks of midsize companies. The advisor currently defines "midsize companies" as companies included in the Russell Midcap Index, the fund's benchmark index. Its portfolio managers apply a systematic, quantitative investment approach designed to identify and exploit relative misvaluations primarily within mid-cap stocks in the U.S. stock market. The fund typically will hold between 100 and 250 securities.

DNLDX's Sharpe Ratio of 1.73 indicates that for each unit of volatility, it generates 1.73 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 23, 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. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

DNLDX Sharpe Ratio Rank

DNLDX Sharpe Ratio Rank: 40.941
Average

DNLDX ranks above 40.9% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. 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

  • Returns are proportional to volatility—neither strong nor weak
  • Evaluate whether the volatility profile aligns with your risk tolerance
  • Review higher-ranked alternatives in the same category
  • Monitor rank direction to identify improving or deteriorating trends

DNLDX Sharpe Ratio Market Positioning

The chart shows DNLDX'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%): 1.33 or lower
  • Yellow zone (middle 50%): 1.33 to 2.32
  • Green zone (top 25%): 2.32 or higher
  • Top 1%: 4.30+
  • Median: 1.93 — half of all investments score higher

How it compares to other similar mutual funds

The table compares BNY Mellon Active MidCap Fund's Sharpe Ratio with other mutual funds in the Mid Cap Blend Equities category across multiple time periods, showing how DNLDX'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 23, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
PFSLXParadigm Select Fund3.16
FZAMXFidelity Advisor Mid Cap II Fund Class Z2.44
DSMFXDestinations Small-Mid Cap Equity Fund2.43
FIIMXFidelity Advisor Mid Cap II Fund Class I2.43
HDPMXHodges Fund2.42
VNVYXNatixis Funds Trust II Vaughan Nelson Mid Cap Fund2.41
VSEQXVanguard Strategic Equity Fund2.41
FIIAXFidelity Advisor Mid Cap II Fund Class A2.40
FITIXFidelity Advisor Mid Cap II Fund Class M2.39
FZFLXFidelity SAI Small-Mid Cap 500 Index Fund2.38
DNLDXBNY Mellon Active MidCap Fund1.73

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows DNLDX'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 DNLDX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does DNLDX fit in your portfolio?

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