ADSIX vs. TVRIX

Last updated Jun 5, 2026

ADSIX (American Century Disciplined Growth Fund) and TVRIX (Guggenheim Directional Allocation Fund) are both Large Cap Growth Equities funds. Over the past 10 years, ADSIX returned 15.99%/yr vs 10.21%/yr for TVRIX. Their correlation of 0.85 suggests significant overlap in exposure. ADSIX charges 0.99%/yr vs 1.09%/yr for TVRIX.

Performance

ADSIX vs. TVRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Disciplined Growth Fund (ADSIX) and Guggenheim Directional Allocation Fund (TVRIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADSIX achieves a 6.52% return, which is significantly lower than TVRIX's 11.50% return. Over the past 10 years, ADSIX has outperformed TVRIX with an annualized return of 15.99%, while TVRIX has yielded a comparatively lower 10.21% annualized return.

ADSIX

• 1D: -1.33%
• 1M: 6.01%
• YTD: 6.52%
• 6M: 5.78%
• 1Y: 23.45%
• 3Y*: 23.96%
• 5Y*: 13.58%
• 10Y*: 15.99%

TVRIX

• 1D: -0.54%
• 1M: 5.99%
• YTD: 11.50%
• 6M: 11.42%
• 1Y: 25.84%
• 3Y*: 14.46%
• 5Y*: 7.36%
• 10Y*: 10.21%

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

ADSIX vs. TVRIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ADSIX American Century Disciplined Growth Fund	6.52%	17.24%	31.19%	43.07%	-31.44%	24.46%	33.28%	30.00%	-5.57%	26.05%
TVRIX Guggenheim Directional Allocation Fund	11.50%	13.83%	7.87%	11.00%	-17.53%	27.30%	5.08%	30.45%	-7.53%	23.45%

Correlation

The correlation between ADSIX and TVRIX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jun 19, 2012	0.85

The correlation between ADSIX and TVRIX shifts across timeframes, from 0.78 (5 years) to 0.90 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

ADSIX vs. TVRIX — Risk / Return Rank

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

ADSIX

ADSIX Risk / Return Rank: 23
ADSIX Sharpe Ratio Rank: 30
ADSIX Sortino Ratio Rank: 26
ADSIX Omega Ratio Rank: 27
ADSIX Calmar Ratio Rank: 17
ADSIX Martin Ratio Rank: 17

TVRIX

TVRIX Risk / Return Rank: 74
TVRIX Sharpe Ratio Rank: 80
TVRIX Sortino Ratio Rank: 75
TVRIX Omega Ratio Rank: 72
TVRIX Calmar Ratio Rank: 67
TVRIX Martin Ratio Rank: 77

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.

ADSIX vs. TVRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Disciplined Growth Fund (ADSIX) and Guggenheim Directional Allocation Fund (TVRIX). 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.

	ADSIX	TVRIX	Difference
Sharpe ratio: Return per unit of total volatility	1.54	2.59	-1.05
Sortino ratio: Return per unit of downside risk	2.11	3.61	-1.50
Omega ratio: Gain probability vs. loss probability	1.27	1.47	-0.20
Calmar ratio: Return relative to maximum drawdown	1.43	3.10	-1.67
Martin ratio: Return relative to average drawdown	4.52	14.21	-9.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ADSIX vs. TVRIX - Sharpe Ratio Comparison

The current ADSIX Sharpe Ratio is 1.54, which is lower than the TVRIX Sharpe Ratio of 2.59. The chart below compares the historical Sharpe Ratios of ADSIX and TVRIX, 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

	ADSIX	TVRIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.54	2.59	-1.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.51	+0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	0.57	+0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.61	-0.04

Drawdowns

ADSIX vs. TVRIX - Drawdown Comparison

The maximum ADSIX drawdown since its inception was -53.04%, which is greater than TVRIX's maximum drawdown of -39.36%. Use the drawdown chart below to compare losses from any high point for ADSIX and TVRIX.

Drawdown Indicators

	ADSIX	TVRIX	Difference
Max Drawdown Largest peak-to-trough decline	-53.04%	-39.36%	-13.68%
Max Drawdown (1Y) Largest decline over 1 year	-16.79%	-8.45%	-8.34%
Max Drawdown (3Y) Largest decline over 3 years	-24.11%	-24.87%	+0.76%
Max Drawdown (5Y) Largest decline over 5 years	-34.49%	-24.87%	-9.62%
Max Drawdown (10Y) Largest decline over 10 years	-34.49%	-39.36%	+4.87%
Current Drawdown Current decline from peak	-1.65%	-0.54%	-1.11%
Average Drawdown Average peak-to-trough decline	-8.23%	-6.05%	-2.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.28%	1.84%	+3.44%

Volatility

ADSIX vs. TVRIX - Volatility Comparison

American Century Disciplined Growth Fund (ADSIX) has a higher volatility of 3.55% compared to Guggenheim Directional Allocation Fund (TVRIX) at 3.27%. This indicates that ADSIX's price experiences larger fluctuations and is considered to be riskier than TVRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADSIX	TVRIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.55%	3.27%	+0.28%
Volatility (6M) Calculated over the trailing 6-month period	11.68%	7.89%	+3.79%
Volatility (1Y) Calculated over the trailing 1-year period	15.53%	10.09%	+5.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.39%	14.43%	+6.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.10%	17.82%	+3.28%

ADSIX vs. TVRIX - Expense Ratio Comparison

ADSIX has a 0.99% expense ratio, which is lower than TVRIX's 1.09% expense ratio.

Dividends

ADSIX vs. TVRIX - Dividend Comparison

ADSIX's dividend yield for the trailing twelve months is around 12.77%, more than TVRIX's 8.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADSIX American Century Disciplined Growth Fund	12.77%	13.61%	43.82%	0.04%	0.00%	21.63%	19.18%	9.12%	18.62%	9.40%	0.62%	1.76%
TVRIX Guggenheim Directional Allocation Fund	8.64%	9.64%	0.00%	2.03%	0.71%	14.34%	0.30%	16.62%	14.33%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ADSIX and TVRIX in my portfolio?

With a correlation of 0.90, ADSIX and TVRIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ADSIX or TVRIX?

ADSIX has higher volatility (3.55%) compared to TVRIX (3.27%). In terms of maximum drawdown, ADSIX dropped -53.04% vs TVRIX's -39.36%.

Which has better risk-adjusted returns?

TVRIX currently has the higher Sharpe Ratio (2.59 vs 1.54), 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.