Driehaus Small Cap Growth Fund (DVSMX)
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. small-capitalization ("small cap") companies. The fund may invest in companies with limited or no operating histories.
Fund Info
| ISIN | US2620287498 |
|---|---|
| CUSIP | 262028749 |
| Issuer | Driehaus |
| Inception Date | Aug 21, 2017 |
| Category | Small Cap Growth Equities |
| Min. Investment | $10,000 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Growth |
Expense Ratio
DVSMX has a high expense ratio of 0.99%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: DVSMX vs. FTHNX, DVSMX vs. HFMDX, DVSMX vs. TMCIX, DVSMX vs. FCPGX, DVSMX vs. CALF, DVSMX vs. OBMCX, DVSMX vs. NEAGX, DVSMX vs. POAGX, DVSMX vs. VDIGX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Driehaus Small Cap Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Driehaus Small Cap Growth Fund had a return of 35.44% year-to-date (YTD) and 56.39% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 35.44% | 25.23% |
| 1 month | 7.61% | 3.86% |
| 6 months | 15.76% | 14.56% |
| 1 year | 56.39% | 36.29% |
| 5 years (annualized) | 10.20% | 14.10% |
| 10 years (annualized) | N/A | 11.37% |
Monthly Returns
The table below presents the monthly returns of DVSMX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.74% | 11.25% | 2.86% | -6.49% | 6.40% | 0.84% | 0.83% | 2.02% | 3.64% | -0.65% | 35.44% | ||
| 2023 | 6.00% | 0.18% | -2.09% | -0.06% | 0.94% | 8.39% | 4.01% | -1.65% | -6.33% | -8.26% | 8.15% | 10.03% | 18.93% |
| 2022 | -19.40% | 1.15% | -1.14% | -11.85% | -2.78% | -8.29% | 9.50% | 1.52% | -7.41% | 9.30% | -0.06% | -9.34% | -35.44% |
| 2021 | 6.31% | 6.49% | -3.63% | 3.26% | -2.56% | 4.36% | -1.66% | 3.46% | -1.20% | 8.53% | -2.81% | -17.18% | 0.59% |
| 2020 | -0.00% | -5.08% | -19.19% | 17.05% | 15.43% | 6.21% | 5.97% | 6.41% | 1.00% | 1.61% | 16.50% | 3.55% | 53.68% |
| 2019 | 12.44% | 9.53% | 0.21% | 2.57% | -2.64% | 8.77% | 3.58% | -2.22% | -8.21% | 4.89% | 3.81% | -2.84% | 31.82% |
| 2018 | 3.36% | 0.25% | 2.41% | -0.16% | 10.89% | 2.64% | 0.07% | 12.70% | -0.51% | -14.31% | 0.07% | -13.50% | 0.34% |
| 2017 | 4.60% | 4.88% | 3.19% | 3.62% | -0.94% | 16.20% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DVSMX is 61, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Driehaus Small Cap Growth Fund (DVSMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Driehaus Small Cap Growth Fund provided a 0.28% dividend yield over the last twelve months, with an annual payout of $0.07 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $0.07 | $0.07 |
Dividend yield | 0.28% | 0.38% |
Monthly Dividends
The table displays the monthly dividend distributions for Driehaus Small Cap Growth Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.07 | $0.07 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Driehaus Small Cap Growth Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Driehaus Small Cap Growth Fund was 53.84%, occurring on Jun 16, 2022. The portfolio has not yet recovered.
The current Driehaus Small Cap Growth Fund drawdown is 21.56%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -53.84% | Nov 9, 2021 | 152 | Jun 16, 2022 | — | — | — |
| -39.75% | Feb 20, 2020 | 20 | Mar 18, 2020 | 64 | Jun 18, 2020 | 84 |
| -32.7% | Sep 17, 2018 | 69 | Dec 24, 2018 | 131 | Jul 3, 2019 | 200 |
| -16.46% | Feb 16, 2021 | 61 | May 12, 2021 | 118 | Oct 28, 2021 | 179 |
| -14.28% | Jul 29, 2019 | 47 | Oct 2, 2019 | 95 | Feb 19, 2020 | 142 |
Volatility
Volatility Chart
The current Driehaus Small Cap Growth Fund volatility is 6.36%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.