ALOIX vs. ANVIX

Last updated Aug 1, 2026

ALOIX (Virtus International Small-Cap Fund) and ANVIX (Virtus NFJ Large-Cap Value Fund) are both mutual funds - ALOIX is a Foreign Small & Mid Cap Equities fund managed by Allianz, while ANVIX is a Large Cap Value Equities fund managed by Allianz. Over the past 10 years, ALOIX returned 8.18%/yr vs 10.26%/yr for ANVIX. Their 0.58 correlation means they have sometimes moved together and sometimes differently. ALOIX charges 1.04%/yr vs 0.74%/yr for ANVIX.

Performance

ALOIX vs. ANVIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus International Small-Cap Fund (ALOIX) and Virtus NFJ Large-Cap Value Fund (ANVIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ALOIX achieves a 14.50% return, which is significantly lower than ANVIX's 18.53% return. Over the past 10 years, ALOIX has underperformed ANVIX with an annualized return of 8.18%, while ANVIX has yielded a comparatively higher 10.26% annualized return.

ALOIX

• 1D: 2.43%
• 1M: 0.54%
• 6M: 6.90%
• YTD: 14.50%
• 1Y: 32.78%
• 3Y*: 17.80%
• 5Y*: 6.36%
• 10Y*: 8.18%
• ALL TIME*: 6.89%

ANVIX

• 1D: 1.83%
• 1M: 3.01%
• 6M: 15.21%
• YTD: 18.53%
• 1Y: 23.80%
• 3Y*: 11.15%
• 5Y*: 7.72%
• 10Y*: 10.26%
• ALL TIME*: 8.10%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ALOIX Virtus International Small-Cap Fund	$0.00	$0.00	$0.00
ANVIX Virtus NFJ Large-Cap Value Fund	$0.00	$0.00	$0.00

ALOIX vs. ANVIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ALOIX Virtus International Small-Cap Fund	14.50%	36.22%	2.65%	19.43%	-26.96%	6.02%	15.92%	24.57%	-22.78%	37.59%
ANVIX Virtus NFJ Large-Cap Value Fund	18.53%	6.78%	6.28%	17.92%	-14.81%	26.52%	2.29%	25.03%	-9.38%	21.36%

Correlation

The correlation between ALOIX and ANVIX is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.52
Correlation (3Y) Balances recent behavior with more history.	0.53
Correlation (5Y) Shows whether the relationship held over a longer period.	0.62
Correlation (10Y) Provides a long-term view across more market conditions.	0.65
Correlation (All Time) Calculated using the full available price history since May 8, 2000	0.58

The correlation between ALOIX and ANVIX shifts across timeframes, from 0.52 (1 year) to 0.65 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

ALOIX vs. ANVIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ALOIX

ALOIX Risk / Return Rank: 88
ALOIX Sharpe Ratio Rank: 92
ALOIX Sortino Ratio Rank: 87
ALOIX Omega Ratio Rank: 85
ALOIX Calmar Ratio Rank: 89
ALOIX Martin Ratio Rank: 88

ANVIX

ANVIX Risk / Return Rank: 74
ANVIX Sharpe Ratio Rank: 71
ANVIX Sortino Ratio Rank: 69
ANVIX Omega Ratio Rank: 67
ANVIX Calmar Ratio Rank: 85
ANVIX Martin Ratio Rank: 78

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ALOIX vs. ANVIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus International Small-Cap Fund (ALOIX) and Virtus NFJ Large-Cap Value Fund (ANVIX). 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.

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.

	ALOIX	ANVIX	Difference
Sharpe ratio: Return per unit of total volatility	2.35	1.65	+0.70
Sortino ratio: Return per unit of downside risk	3.16	2.35	+0.81
Omega ratio: Gain probability vs. loss probability	1.42	1.30	+0.13
Calmar ratio: Return relative to maximum drawdown	3.27	2.95	+0.31
Martin ratio: Return relative to average drawdown	11.69	9.46	+2.24

ALOIX vs. ANVIX - Sharpe Ratio Comparison

The current ALOIX Sharpe Ratio is 2.35, which is higher than the ANVIX Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of ALOIX and ANVIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ALOIX vs. ANVIX - Drawdown Comparison

The maximum ALOIX drawdown since its inception was -79.29%, which is greater than ANVIX's maximum drawdown of -62.48%. Use the drawdown chart below to compare losses from any high point for ALOIX and ANVIX.

Drawdown Indicators

	ALOIX	ANVIX	Difference
Max Drawdown Largest peak-to-trough decline	-79.29%	-62.48%	-16.81%
Max Drawdown (1Y) Largest decline over 1 year	-10.07%	-7.20%	-2.87%
Max Drawdown (3Y) Largest decline over 3 years	-14.03%	-19.65%	+5.62%
Max Drawdown (5Y) Largest decline over 5 years	-39.41%	-23.67%	-15.74%
Max Drawdown (10Y) Largest decline over 10 years	-42.79%	-38.41%	-4.38%
Current Drawdown Current decline from peak	-1.05%	0.00%	-1.05%
Average Drawdown Average peak-to-trough decline	-34.68%	-9.58%	-25.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	2.26%	+0.55%

Volatility

ALOIX vs. ANVIX - Volatility Comparison

Virtus International Small-Cap Fund (ALOIX) has a higher volatility of 5.02% compared to Virtus NFJ Large-Cap Value Fund (ANVIX) at 2.95%. This indicates that ALOIX's price experiences larger fluctuations and is considered to be riskier than ANVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALOIX	ANVIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.02%	2.95%	+2.07%
Volatility (6M) Calculated over the trailing 6-month period	11.91%	9.08%	+2.83%
Volatility (1Y) Calculated over the trailing 1-year period	13.99%	12.89%	+1.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.11%	16.61%	-1.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.44%	18.21%	-1.77%

ALOIX vs. ANVIX - Expense Ratio Comparison

ALOIX has a 1.04% expense ratio, which is higher than ANVIX's 0.74% expense ratio.

Dividends

ALOIX vs. ANVIX - Dividend Comparison

ALOIX's dividend yield for the trailing twelve months is around 3.96%, less than ANVIX's 8.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALOIX Virtus International Small-Cap Fund	3.96%	4.54%	3.50%	4.93%	1.25%	19.08%	1.38%	1.62%	18.17%	1.52%	1.04%	0.54%
ANVIX Virtus NFJ Large-Cap Value Fund	8.65%	10.78%	2.80%	7.28%	20.66%	6.43%	1.43%	3.54%	2.02%	1.89%	2.13%	2.26%

Frequently Asked Questions

Can I hold both ALOIX and ANVIX in my portfolio?

ALOIX and ANVIX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ALOIX or ANVIX?

ALOIX has higher volatility (5.02%) compared to ANVIX (2.95%). In terms of maximum drawdown, ALOIX dropped -79.29% vs ANVIX's -62.48%.

Which has better risk-adjusted returns?

ALOIX currently has the higher Sharpe Ratio (2.35 vs 1.65), 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.