ARGFX vs. RSVAX

Last updated Apr 2, 2026

Compare and contrast key facts about Ariel Fund (ARGFX) and Victory RS Value Fund (RSVAX).

ARGFX is managed by Ariel Investments. It was launched on Nov 6, 1986. RSVAX is managed by Victory. It was launched on Jun 30, 1993.

Performance

ARGFX vs. RSVAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ariel Fund (ARGFX) and Victory RS Value Fund (RSVAX). The values are adjusted to include any dividend payments, if applicable.

ARGFX vs. RSVAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARGFX Ariel Fund	-1.48%	14.08%	11.56%	15.78%	-18.68%	30.29%	10.05%	24.64%	-13.59%	15.99%
RSVAX Victory RS Value Fund	1.67%	4.58%	12.58%	7.63%	-2.98%	27.30%	-2.60%	31.36%	-10.84%	17.37%

Returns By Period

In the year-to-date period, ARGFX achieves a -1.48% return, which is significantly lower than RSVAX's 1.67% return. Both investments have delivered pretty close results over the past 10 years, with ARGFX having a 9.35% annualized return and RSVAX not far behind at 8.92%.

ARGFX

• 1D: 3.37%
• 1M: -7.96%
• YTD: -1.48%
• 6M: 1.18%
• 1Y: 22.08%
• 3Y*: 10.82%
• 5Y*: 4.86%
• 10Y*: 9.35%

RSVAX

• 1D: 1.80%
• 1M: -6.09%
• YTD: 1.67%
• 6M: 3.14%
• 1Y: 7.80%
• 3Y*: 8.50%
• 5Y*: 7.01%
• 10Y*: 8.92%

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

ARGFX vs. RSVAX - Expense Ratio Comparison

ARGFX has a 1.00% expense ratio, which is lower than RSVAX's 1.30% expense ratio.

RSVAX

Victory RS Value Fund

ARGFX

Ariel Fund

Return for Risk

ARGFX vs. RSVAX — Risk / Return Rank

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

ARGFX

ARGFX Risk / Return Rank: 45
ARGFX Sharpe Ratio Rank: 41
ARGFX Sortino Ratio Rank: 46
ARGFX Omega Ratio Rank: 39
ARGFX Calmar Ratio Rank: 57
ARGFX Martin Ratio Rank: 43

RSVAX

RSVAX Risk / Return Rank: 17
RSVAX Sharpe Ratio Rank: 15
RSVAX Sortino Ratio Rank: 15
RSVAX Omega Ratio Rank: 14
RSVAX Calmar Ratio Rank: 18
RSVAX Martin Ratio Rank: 22

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.

ARGFX vs. RSVAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ariel Fund (ARGFX) and Victory RS Value Fund (RSVAX). 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.

	ARGFX	RSVAX	Difference
Sharpe ratio Return per unit of total volatility	0.90	0.50	+0.40
Sortino ratio Return per unit of downside risk	1.41	0.81	+0.59
Omega ratio Gain probability vs. loss probability	1.19	1.11	+0.08
Calmar ratio Return relative to maximum drawdown	1.43	0.72	+0.71
Martin ratio Return relative to average drawdown	4.66	2.97	+1.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARGFX vs. RSVAX - Sharpe Ratio Comparison

The current ARGFX Sharpe Ratio is 0.90, which is higher than the RSVAX Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of ARGFX and RSVAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ARGFX	RSVAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	0.50	+0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.39	-0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.47	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.40	+0.14

Correlation

The correlation between ARGFX and RSVAX is 0.72, 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

ARGFX vs. RSVAX - Dividend Comparison

ARGFX's dividend yield for the trailing twelve months is around 11.98%, more than RSVAX's 8.69% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARGFX Ariel Fund	11.98%	11.80%	5.49%	5.09%	9.01%	5.56%	5.33%	5.81%	10.35%	6.30%	6.56%	16.28%
RSVAX Victory RS Value Fund	8.69%	8.83%	9.89%	6.48%	6.33%	14.14%	1.93%	7.38%	15.47%	25.04%	12.47%	9.35%

Drawdowns

ARGFX vs. RSVAX - Drawdown Comparison

The maximum ARGFX drawdown since its inception was -71.02%, which is greater than RSVAX's maximum drawdown of -59.23%. Use the drawdown chart below to compare losses from any high point for ARGFX and RSVAX.

Drawdown Indicators

	ARGFX	RSVAX	Difference
Max Drawdown Largest peak-to-trough decline	-71.02%	-59.23%	-11.79%
Max Drawdown (1Y) Largest decline over 1 year	-15.50%	-12.06%	-3.44%
Max Drawdown (5Y) Largest decline over 5 years	-33.00%	-23.58%	-9.42%
Max Drawdown (10Y) Largest decline over 10 years	-45.29%	-43.49%	-1.80%
Current Drawdown Current decline from peak	-9.41%	-6.16%	-3.25%
Average Drawdown Average peak-to-trough decline	-8.47%	-13.88%	+5.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.76%	2.92%	+1.84%

Volatility

ARGFX vs. RSVAX - Volatility Comparison

Ariel Fund (ARGFX) has a higher volatility of 7.12% compared to Victory RS Value Fund (RSVAX) at 4.16%. This indicates that ARGFX's price experiences larger fluctuations and is considered to be riskier than RSVAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARGFX	RSVAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.12%	4.16%	+2.96%
Volatility (6M) Calculated over the trailing 6-month period	14.19%	9.05%	+5.14%
Volatility (1Y) Calculated over the trailing 1-year period	24.69%	16.29%	+8.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.34%	18.18%	+4.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.77%	19.20%	+3.57%