ACSMX vs. ACUSX

Last updated Jun 3, 2026

ACSMX (Advisors Capital Small/Mid Cap Fund) and ACUSX (Advisors Capital US Dividend Fund) are both mutual funds - ACSMX is a Small Cap Growth Equities fund managed by Advisors Capital, while ACUSX is a Large Cap Blend Equities fund managed by Advisors Capital. Over the past 5 years, ACSMX returned 0.91%/yr vs 7.63%/yr for ACUSX. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 1.95% expense ratio.

Performance

ACSMX vs. ACUSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Advisors Capital Small/Mid Cap Fund (ACSMX) and Advisors Capital US Dividend Fund (ACUSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACSMX achieves a -4.42% return, which is significantly lower than ACUSX's 9.66% return.

ACSMX

• 1D: 0.84%
• 1M: -1.73%
• YTD: -4.42%
• 6M: -3.91%
• 1Y: 4.24%
• 3Y*: 9.83%
• 5Y*: 0.91%
• 10Y*: —

ACUSX

• 1D: 0.07%
• 1M: 4.21%
• YTD: 9.66%
• 6M: 9.11%
• 1Y: 22.05%
• 3Y*: 16.53%
• 5Y*: 7.63%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ACSMX vs. ACUSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ACSMX Advisors Capital Small/Mid Cap Fund	-4.42%	4.92%	15.29%	22.38%	-28.60%	6.89%
ACUSX Advisors Capital US Dividend Fund	9.66%	13.11%	15.45%	17.27%	-21.05%	15.44%

Correlation

The correlation between ACSMX and ACUSX is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (All Time) Calculated using the full available price history since Mar 23, 2021	0.81

The correlation between ACSMX and ACUSX shifts across timeframes, from 0.70 (1 year) to 0.82 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

ACSMX vs. ACUSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ACSMX

ACSMX Risk / Return Rank: 4
ACSMX Sharpe Ratio Rank: 4
ACSMX Sortino Ratio Rank: 4
ACSMX Omega Ratio Rank: 4
ACSMX Calmar Ratio Rank: 4
ACSMX Martin Ratio Rank: 4

ACUSX

ACUSX Risk / Return Rank: 61
ACUSX Sharpe Ratio Rank: 56
ACUSX Sortino Ratio Rank: 52
ACUSX Omega Ratio Rank: 51
ACUSX Calmar Ratio Rank: 73
ACUSX Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ACSMX vs. ACUSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Advisors Capital Small/Mid Cap Fund (ACSMX) and Advisors Capital US Dividend Fund (ACUSX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ACSMX	ACUSX	Difference
Sharpe ratio Return per unit of total volatility	0.23	2.19	-1.96
Sortino ratio Return per unit of downside risk	0.46	3.04	-2.58
Omega ratio Gain probability vs. loss probability	1.05	1.40	-0.35
Calmar ratio Return relative to maximum drawdown	0.24	3.33	-3.10
Martin ratio Return relative to average drawdown	0.57	13.64	-13.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ACSMX vs. ACUSX - Sharpe Ratio Comparison

The current ACSMX Sharpe Ratio is 0.23, which is lower than the ACUSX Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of ACSMX and ACUSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ACSMX	ACUSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	2.19	-1.96
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.04	0.01	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	0.01	+0.06

Drawdowns

ACSMX vs. ACUSX - Drawdown Comparison

The maximum ACSMX drawdown since its inception was -35.01%, smaller than the maximum ACUSX drawdown of -96.85%. Use the drawdown chart below to compare losses from any high point for ACSMX and ACUSX.

Drawdown Indicators

	ACSMX	ACUSX	Difference
Max Drawdown Largest peak-to-trough decline	-35.01%	-96.85%	+61.84%
Max Drawdown (1Y) Largest decline over 1 year	-16.04%	-6.82%	-9.22%
Max Drawdown (3Y) Largest decline over 3 years	-21.82%	-96.85%	+75.03%
Max Drawdown (5Y) Largest decline over 5 years	-35.01%	-96.85%	+61.84%
Current Drawdown Current decline from peak	-9.69%	-95.57%	+85.88%
Average Drawdown Average peak-to-trough decline	-14.66%	-31.69%	+17.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.71%	1.67%	+5.04%

Volatility

ACSMX vs. ACUSX - Volatility Comparison

Advisors Capital Small/Mid Cap Fund (ACSMX) has a higher volatility of 4.18% compared to Advisors Capital US Dividend Fund (ACUSX) at 2.75%. This indicates that ACSMX's price experiences larger fluctuations and is considered to be riskier than ACUSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACSMX	ACUSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.18%	2.75%	+1.43%
Volatility (6M) Calculated over the trailing 6-month period	12.52%	7.65%	+4.87%
Volatility (1Y) Calculated over the trailing 1-year period	17.37%	10.26%	+7.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.86%	1,173.45%	-1,152.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.73%	1,150.78%	-1,130.05%

ACSMX vs. ACUSX - Expense Ratio Comparison

Both ACSMX and ACUSX have an expense ratio of 1.95%.

Dividends

ACSMX vs. ACUSX - Dividend Comparison

Neither ACSMX nor ACUSX has paid dividends to shareholders.

Position	TTM	2025	2024	2023
ACSMX Advisors Capital Small/Mid Cap Fund	0.00%	0.00%	0.00%	0.00%
ACUSX Advisors Capital US Dividend Fund	0.00%	0.00%	0.04%	0.19%

Frequently Asked Questions

Can I hold both ACSMX and ACUSX in my portfolio?

ACSMX and ACUSX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ACSMX or ACUSX?

ACSMX has higher volatility (4.18%) compared to ACUSX (2.75%). In terms of maximum drawdown, ACSMX dropped -35.01% vs ACUSX's -96.85%.

Which has better risk-adjusted returns?

ACUSX currently has the higher Sharpe Ratio (2.19 vs 0.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.