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Heartland Value Plus Fund (HRVIX) Sharpe Ratio: 1.87

Mutual Fund · Currency in USD · Last updated Jun 5, 2026

The fund invests primarily in a concentrated number (generally 40 to 70) of small-capitalization common stocks selected on a value basis. A majority of its assets are generally invested in dividend-paying common stocks. It primarily invests in companies with market capitalizations consistent with the capitalization range of the Russell 2000 Value Index.

HRVIX's Sharpe Ratio of 1.87 indicates that for each unit of volatility, it generates 1.87 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 5, 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.

HRVIX Sharpe Ratio Rank

HRVIX Sharpe Ratio Rank: 43.443
Average

HRVIX ranks above 43.4% 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

HRVIX Sharpe Ratio Market Positioning

The chart shows HRVIX'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%): 1.37 or lower
  • Yellow zone (middle 50%): 1.37 to 2.45
  • Green zone (top 25%): 2.45 or higher
  • Top 1%: 4.59+
  • Median: 2.01 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Heartland Value Plus Fund's Sharpe Ratio with other mutual funds in the Small Cap Value Equities category across multiple time periods, showing how HRVIX'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 Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
AVALXAegis Value Fund3.44
VSCAXInvesco Small Cap Value Fund3.01
MMEYXVictory Integrity Discovery Fund2.70
TSLTXTransamerica Small Cap Value2.60
FESCXFirst Eagle Small Cap Opportunity Fund2.55
RYPNXRoyce Opportunity Fund2.55
WSCVXWalthausen Small Cap Value Fund2.52
QRSVXFPA Queens Road Small Cap Value Fund Investor Class2.49
GSITXGoldman Sachs Small Cap Value Insights Fund2.39
ICISXVY Columbia Small Cap Value II Portfolio2.38
HRVIXHeartland Value Plus Fund1.87

S&P 500 Index

How to choose period

Historical Sharpe Ratio

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

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Sharpe Ratio Calculator

How does HRVIX fit in your portfolio?

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