Transamerica Small/Mid Cap Value Fund (IIVAX) Sortino Ratio: 1.16
IIVAX's Sortino Ratio of 1.16 indicates that for each unit of downside volatility, it generates 1.16 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 1, 2026).
Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.
IIVAX Sortino Ratio Rank
IIVAX ranks above 34.7% of all investments in our database based on Sortino Ratio over the past 12 months, indicating below-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with minimal downside volatility → Higher rank
- Severe or frequent drawdowns → Lower rank
- Upside volatility → No impact (Sortino doesn't penalize upside swings)
What you can do with this information
- Returns may not adequately compensate for downside risk taken
- Consider smaller allocation given below-average risk-adjusted profile
- Explore higher-ranked investments with better downside protection
- Assess whether downside exposure aligns with your portfolio goals
IIVAX Sortino Ratio Market Positioning
The chart shows IIVAX's Sortino Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.
- Red zone (bottom 25%): 1.02 or lower
- Yellow zone (middle 50%): 1.02 to 1.91
- Green zone (top 25%): 1.91 or higher
- Top 1%: 7.33+
- Median: 1.45 — half of all investments score higher
How it compares to other similar mutual funds
The table compares Transamerica Small/Mid Cap Value Fund's Sortino Ratio with other mutual funds in the Mid Cap Value Equities category across multiple time periods, showing how IIVAX'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 Apr 1, 2026.
| Symbol | Name | 1Y Sortino Ratio | 5Y Sortino Ratio | 10Y Sortino Ratio | All Time Sortino Ratio |
|---|---|---|---|---|---|
| ARFFX | Ariel Focus Fund | 2.38 | |||
| SMVTX | Virtus Ceredex Mid-Cap Value Equity Fund | 2.13 | |||
| FIUSX | Delaware Opportunity Fund | 1.98 | |||
| UMCVX | Invesco V.I. American Value Fund | 1.90 | |||
| VVOIX | Invesco Value Opportunities Fund Class Y | 1.88 | |||
| VVOAX | Invesco Value Opportunities Fund | 1.86 | |||
| HAMVX | Harbor Mid Cap Value Fund | 1.80 | |||
| NAMAX | Columbia Select Mid Cap Value Fund | 1.75 | |||
| TGVOX | TCW Relative Value Mid Cap Fund | 1.64 | |||
| NQVRX | Nuveen Multi Cap Value Fund | 1.56 | |||
| IIVAX | Transamerica Small/Mid Cap Value Fund | 1.16 |
Historical Sortino Ratio
The chart shows IIVAX'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 IIVAX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.
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Explore IIVAX risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.