Voya MI Dynamic Small Cap Fund Class I (VYSAX) Sharpe Ratio: 0.47

VYSAX's Sharpe Ratio of 0.47 indicates that for each unit of volatility, it generates 0.47 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 2, 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.

VYSAX Sharpe Ratio Rank

Concerning

VYSAX ranks above 12.4% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak 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

Weak risk-adjusted returns relative to category peers
Evaluate whether this holding aligns with your risk-return objectives
Consider reducing exposure or re-evaluating position size
Review higher-ranked alternatives in the same category

VYSAX Sharpe Ratio Market Positioning

The chart shows VYSAX'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%): 0.76 or lower
Yellow zone (middle 50%): 0.76 to 1.49
Green zone (top 25%): 1.49 or higher
Top 1%: 3.53+
Median: 1.10 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Voya MI Dynamic Small Cap Fund Class I's Sharpe Ratio with other mutual funds in the Small Cap Growth Equities category across multiple time periods, showing how VYSAX'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 2, 2026.

Symbol	Name	1Y Sharpe Ratio
NEAIX	Needham Aggressive Growth Fund Institutional Class	2.17
NEAGX	Needham Aggressive Growth Fund	2.14
DMCRX	Driehaus Micro Cap Growth Fund	2.06
OBMCX	Oberweis Micro Cap Fund	1.82
HRSMX	Hood River Small-Cap Growth Fund	1.79
FGROX	Emerald Growth Fund Institutional Class	1.71
HSPGX	Emerald Growth Fund	1.71
ODIIX	Invesco Discovery Fund Class R6	1.68
DSCIX	Dana Epiphany ESG Small Cap Equity Fund	1.62
NESIX	Needham Small Cap Growth Fund Institutional	1.61
VYSAX	Voya MI Dynamic Small Cap Fund Class I	0.47

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

How to choose period

Historical Sharpe Ratio

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

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Explore VYSAX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

VYSAX Sortino Ratio