- ISIN
- US9204401049
- CUSIP
- 920440104
- Issuer
- T. Rowe Price
- Inception Date
- Sep 29, 1952
- Category
- Diversified Portfolio
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
VALIX Performance Chart
Value Line Capital Appreciation Fund, Inc. (VALIX) is up 11.3% since the beginning of the year. VALIX is currently trading at $16 per share. Investors who bought $1,000 worth of VALIX shares 5 years ago would now be looking at an investment worth $1,514.
Loading charts...
Returns By Period
Value Line Capital Appreciation Fund, Inc. (VALIX) has returned 11.34% so far this year and 25.78% over the past 12 months. Over the last ten years, VALIX has had an annualized return of 13.51%, just under the S&P 500 Index benchmark’s 13.71%.
Value Line Capital Appreciation Fund, Inc.
- 1D
- -0.44%
- 1M
- 3.02%
- YTD
- 11.34%
- 6M
- 9.96%
- 1Y
- 25.78%
- 3Y*
- 22.28%
- 5Y*
- 8.65%
- 10Y*
- 13.51%
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
VALIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 1980, VALIX's average daily return is +0.04%, while the average monthly return is +0.76%. At this rate, an investment would double in approximately 7.6 years.
Historically, 62% of months were positive and 38% were negative. The best month was Apr 2020 with a return of +17.3%, while the worst month was Jan 1982 at -22.0%. The longest winning streak lasted 16 consecutive months, and the longest losing streak was 6 months.
On a daily basis, VALIX closed higher 45% of trading days. The best single day was Dec 27, 2000 with a return of +10.8%, while the worst single day was Jan 29, 1982 at -22.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.56% | -3.99% | -3.13% | 10.83% | 10.18% | -1.42% | 11.34% | ||||||
| 2025 | 3.48% | -2.37% | -5.80% | 2.33% | 6.91% | 6.69% | 1.00% | 1.41% | 5.22% | 2.98% | -1.41% | -0.64% | 20.76% |
| 2024 | -0.19% | 6.01% | 3.96% | -6.15% | 3.41% | 3.48% | -0.78% | 1.48% | 3.08% | 0.75% | 7.58% | -2.48% | 21.20% |
| 2023 | 13.47% | -2.58% | 3.22% | -0.45% | 2.24% | 4.49% | 4.61% | -2.50% | -4.31% | -3.76% | 10.37% | 6.88% | 34.45% |
| 2022 | -5.73% | -3.85% | 0.89% | -12.09% | -1.71% | -9.91% | 8.28% | -1.15% | -9.22% | 5.48% | 3.87% | -7.46% | -29.86% |
| 2021 | 0.85% | 2.54% | -0.90% | 3.40% | -1.17% | 3.70% | -0.50% | 2.44% | -3.64% | 4.14% | -4.88% | 0.97% | 6.69% |
Benchmark Metrics
Value Line Capital Appreciation Fund, Inc. has an annualized alpha of 2.61%, beta of 0.61, and R2 of 0.55 versus S&P 500 Index. Calculated based on daily prices since January 02, 1980.
- This fund participated in 78.18% of S&P 500 Index downside but only 75.96% of its upside - more exposed to losses than it benefited from rallies.
- This fund generated an annualized alpha of 2.61% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.61 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 2.61%
- Beta
- 0.61
- R²
- 0.55
- Upside Capture
- 75.96%
- Downside Capture
- 78.18%
Expense Ratio
VALIX has a high expense ratio of 1.07%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
VALIX ranks 39 for risk / return — below 39% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Value Line Capital Appreciation Fund, Inc. (VALIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VALIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.32 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | 2.46 | -0.27 |
| Martin ratioReturn relative to average drawdown | 7.06 | 10.92 | -3.86 |
Dividends
Dividend History
Value Line Capital Appreciation Fund, Inc. provided a 5.41% dividend yield over the last twelve months, with an annual payout of $0.87 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.87 | $0.87 | $0.10 | $0.08 | $0.87 | $1.34 | $0.71 | $1.00 | $0.74 | $0.55 | $0.49 | $0.60 |
Dividend yield | 5.41% | 6.03% | 0.79% | 0.75% | 11.01% | 10.83% | 5.49% | 9.79% | 8.28% | 5.57% | 5.75% | 6.86% |
Monthly Dividends
The table displays the monthly dividend distributions for Value Line Capital Appreciation Fund, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.87 | $0.87 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.87 | $0.87 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.34 | $1.34 |
Drawdowns
Drawdowns Chart
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Value Line Capital Appreciation Fund, Inc.. 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 Value Line Capital Appreciation Fund, Inc. was 35.14%, occurring on Oct 14, 2022. Recovery took 431 trading sessions.
The current Value Line Capital Appreciation Fund, Inc. drawdown is 2.50%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -35.14%Oct 2022 | 11mo 9d | 1y 8mo | 2y 7moNov 2021 - Jul 2024 |
Financial crisis2007–2009 | -32.97%Mar 2009 | 1y 4mo | 1y 1mo | 2y 5moNov 2007 - Apr 2010 |
COVID crash2020 | -28.40%Mar 2020 | 27d | 2mo 15d | 3mo 12dFeb 2020 - Jun 2020 |
Black Monday1987 | -27.66%Dec 1987 | 1y 5mo | 2y 1d | 3y 5moJul 1986 - Dec 1989 |
1984 bear market1984 | -27.53%May 1984 | 3y 5mo | 2y 27d | 5y 5moDec 1980 - Jun 1986 |
Drawdown Indicators
| VALIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.14% | -56.78% | +21.64% |
Max Drawdown (1Y)Largest decline over 1 year | -12.36% | -9.10% | -3.26% |
Max Drawdown (3Y)Largest decline over 3 years | -17.62% | -18.90% | +1.28% |
Max Drawdown (5Y)Largest decline over 5 years | -35.14% | -25.43% | -9.71% |
Max Drawdown (10Y)Largest decline over 10 years | -35.14% | -33.92% | -1.22% |
Current DrawdownCurrent decline from peak | -2.50% | -3.21% | +0.71% |
Average DrawdownAverage peak-to-trough decline | -6.56% | -10.71% | +4.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.82% | 2.04% | +1.78% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with VALIX
Add Value Line Capital Appreciation Fund, Inc. to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with VALIX