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Virtus KAR Equity Income Fund (PDIAX) Sharpe Ratio: 1.87

Mutual Fund · Currency in USD · Last updated Aug 1, 2026

The investment seeks capital appreciation and current income. The fund invests in a diversified portfolio of primarily high-quality, dividend-paying U.S. companies. The investment strategy emphasizes companies the subadviser believes to have a durable competitive advantage, strong management and low financial risk and to be able to grow over market cycles. The fund typically invests in the securities of medium to large capitalization companies, but it is not limited to investing in the securities of companies of any particular size. Under normal circumstances, the fund invests at least 80% of its assets in dividend paying equity securities.

PDIAX'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 Aug 1, 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.

PDIAX Sharpe Ratio Rank

PDIAX Sharpe Ratio Rank: 78.779
Above Average

PDIAX ranks above 78.7% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. 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

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

PDIAX Sharpe Ratio Market Positioning

The chart shows PDIAX'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%): 0.93 or lower
  • Yellow zone (middle 50%): 0.93 to 1.81
  • Green zone (top 25%): 1.81 or higher
  • Top 1%: 3.74+
  • Median: 1.45 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Virtus KAR Equity Income Fund's Sharpe Ratio with other mutual funds in the Dividend, Large Cap Blend Equities category across multiple time periods, showing how PDIAX'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 Aug 1, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
VIHAXVanguard International High Dividend Yield Index Fund Admiral Shares2.85
SVPFXGoldman Sachs Strategic Volatility Premium Fund2.68
PMAIXPioneer Multi-Asset Income Fund A2.54
EPDPXEuroPac International Dividend Income Fund Class A2.51
SEQAXGuggenheim World Equity Income Fund2.47
SVAAXFederated Hermes Strategic Value Dividend Fund Class A2.47
FTZIXFuller & Thaler Behavioral Unconstrained Equity Fund2.45
VPCCXVanguard PRIMECAP Core Fund2.43
REAYXRussell Investments Equity Income Fund2.41
GSGRXGoldman Sachs Equity Income Fund2.41
PDIAXVirtus KAR Equity Income Fund1.87
Benchmark

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Time Period

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Historical Sharpe Ratio

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

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