USAA Small Cap Stock Fund (USCAX)

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The chart shows the growth of an initial investment of $10,000 in USAA Small Cap Stock Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

USAA Small Cap Stock Fund (USCAX) has returned -2.08% so far this year and 17.94% over the past 12 months. Over the last ten years, USCAX has returned 8.59% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jul 30, 1999, USCAX's average daily return is +0.04%, while the average monthly return is +0.78%. At this rate, your investment would double in approximately 7.4 years.

Historically, 61% of months were positive and 39% were negative. The best month was Feb 2000 with a return of +23.7%, while the worst month was Mar 2020 at -23.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, USCAX closed higher 52% of trading days. The best single day was Dec 16, 2021 with a return of +44.0%, while the worst single day was Dec 17, 2021 at -32.0%.

USAA Small Cap Stock Fund has an annualized alpha of 2.53%, beta of 1.03, and R² of 0.61 versus S&P 500 Index. Calculated based on daily prices since August 02, 1999.

• This fund captured 114.80% of S&P 500 Index gains and 106.32% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 2.53% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 1.03 and R² of 0.61, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

USCAX has a high expense ratio of 1.10%, indicating above-average management fees.

USCAX ranks 37 for risk / return — below 37% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for USAA Small Cap Stock Fund (USCAX) and compare them to a chosen benchmark (S&P 500 Index).

USAA Small Cap Stock Fund provided a 7.69% dividend yield over the last twelve months, with an annual payout of $1.01 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for USAA Small Cap Stock Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the USAA Small Cap Stock 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 USAA Small Cap Stock Fund was 60.17%, occurring on Mar 9, 2009. Recovery took 540 trading sessions.

The current USAA Small Cap Stock Fund drawdown is 25.19%.

The chart below shows the rolling one-month volatility.