ANCIX vs. VSMVX

Last updated Apr 1, 2026

Compare and contrast key facts about Ancora MicroCap Fund (ANCIX) and Vanguard S&P Small-Cap 600 Value Index Fund Institutional Shares (VSMVX).

ANCIX is managed by Ancora. It was launched on Sep 2, 2008. VSMVX is managed by Vanguard. It was launched on Nov 19, 2014.

Performance

ANCIX vs. VSMVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ancora MicroCap Fund (ANCIX) and Vanguard S&P Small-Cap 600 Value Index Fund Institutional Shares (VSMVX). The values are adjusted to include any dividend payments, if applicable.

ANCIX vs. VSMVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ANCIX Ancora MicroCap Fund	5.35%	-2.35%	-2.06%	24.98%	-7.92%	37.42%	4.59%	10.98%	-22.08%	17.97%
VSMVX Vanguard S&P Small-Cap 600 Value Index Fund Institutional Shares	2.15%	6.38%	7.53%	14.85%	-11.12%	30.85%	2.79%	24.47%	-12.67%	11.64%

Returns By Period

ANCIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VSMVX

• 1D: -0.48%
• 1M: -5.37%
• YTD: 2.15%
• 6M: 5.65%
• 1Y: 21.03%
• 3Y*: 9.21%
• 5Y*: 4.68%
• 10Y*: 9.29%

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

ANCIX vs. VSMVX - Expense Ratio Comparison

ANCIX has a 1.74% expense ratio, which is higher than VSMVX's 0.08% expense ratio.

ANCIX

Ancora MicroCap Fund

VSMVX

Vanguard S&P Small-Cap 600 Value Index Fund Institutional Shares

Return for Risk

ANCIX vs. VSMVX — Risk / Return Rank

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

VSMVX

VSMVX Risk / Return Rank: 46
VSMVX Sharpe Ratio Rank: 46
VSMVX Sortino Ratio Rank: 50
VSMVX Omega Ratio Rank: 43
VSMVX Calmar Ratio Rank: 48
VSMVX Martin Ratio Rank: 45

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.

ANCIX vs. VSMVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ancora MicroCap Fund (ANCIX) and Vanguard S&P Small-Cap 600 Value Index Fund Institutional Shares (VSMVX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ANCIX	VSMVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.90	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.21	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.39	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.46	—

Correlation

The correlation between ANCIX and VSMVX is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ANCIX vs. VSMVX - Dividend Comparison

ANCIX's dividend yield for the trailing twelve months is around 15.21%, more than VSMVX's 1.86% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ANCIX Ancora MicroCap Fund	15.21%	4.30%	0.00%	4.57%	0.00%	0.00%	0.00%	1.52%	14.15%	7.81%	1.60%	15.56%
VSMVX Vanguard S&P Small-Cap 600 Value Index Fund Institutional Shares	1.86%	1.45%	1.85%	1.92%	1.88%	1.66%	1.46%	1.65%	1.89%	1.55%	1.26%	1.42%

Drawdowns

Drawdown Indicators

	ANCIX	VSMVX	Difference
Max Drawdown Largest peak-to-trough decline	—	-47.61%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-15.74%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.81%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-47.61%	—
Current Drawdown Current decline from peak	—	-8.13%	—
Average Drawdown Average peak-to-trough decline	—	-7.72%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.13%	—

Volatility

Volatility by Period

	ANCIX	VSMVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.01%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	23.78%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	22.16%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	24.14%	—