Victory INCORE Investment Grade Convertible Fund Class A (SBFCX) Sharpe Ratio: 1.77

SBFCX's Sharpe Ratio of 1.77 indicates that for each unit of volatility, it generates 1.77 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 24, 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.

SBFCX Sharpe Ratio Rank

Average

SBFCX ranks above 42.5% 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

SBFCX Sharpe Ratio Market Positioning

The chart shows SBFCX'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%): 1.30 or lower
Yellow zone (middle 50%): 1.30 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 Victory INCORE Investment Grade Convertible Fund Class A's Sharpe Ratio with other mutual funds in the Preferred Stock/Convertible Bonds category across multiple time periods, showing how SBFCX'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 24, 2026.

Symbol	Name	1Y Sharpe Ratio
DPIIX	Destra Flaherty & Crumrine Preferred and Income Fund	3.35
PISHX	Cohen & Steers Preferred Securities and Income SMA Shares	3.33
PCSFX	Principal Capital Securities Fund	3.14
LPXZX	Cohen & Steers Low Duration Preferred and Income Fund	3.09
CPXIX	Cohen & Steers Preferred Securities and Income Fund, Inc.	3.02
CICVX	Calamos Convertible Fund	2.87
CCVIX	Calamos Convertible Fund	2.85
NPSRX	Nuveen Preferred Securities & Income Fund	2.68
FIQVX	Fidelity Advisor Convertible Securities Fund Class Z	2.65
FICVX	Fidelity Advisor Convertible Securities Fund Class I	2.64
SBFCX	Victory INCORE Investment Grade Convertible Fund Class A	1.77

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

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Historical Sharpe Ratio

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

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Sharpe Ratio Calculator

How does SBFCX fit in your portfolio?

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