AVALX vs. RYSEX
Compare and contrast key facts about Aegis Value Fund (AVALX) and Royce Special Equity Fund (RYSEX).
AVALX is managed by Aegis. It was launched on May 15, 1998. RYSEX is managed by Royce Investment Partners. It was launched on May 1, 1998.
Performance
AVALX vs. RYSEX - Performance Comparison
Loading graphics...
AVALX vs. RYSEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVALX Aegis Value Fund | 13.53% | 67.06% | 8.29% | 13.11% | 10.50% | 37.67% | 18.89% | 25.67% | -16.95% | 17.37% |
RYSEX Royce Special Equity Fund | 3.35% | 3.66% | 2.93% | 12.96% | -6.60% | 22.24% | 7.43% | 12.73% | -9.96% | 7.13% |
Returns By Period
In the year-to-date period, AVALX achieves a 13.53% return, which is significantly higher than RYSEX's 3.35% return. Over the past 10 years, AVALX has outperformed RYSEX with an annualized return of 21.54%, while RYSEX has yielded a comparatively lower 7.57% annualized return.
AVALX
- 1D
- -0.54%
- 1M
- -4.89%
- YTD
- 13.53%
- 6M
- 24.20%
- 1Y
- 69.86%
- 3Y*
- 28.86%
- 5Y*
- 25.16%
- 10Y*
- 21.54%
RYSEX
- 1D
- 0.35%
- 1M
- -3.72%
- YTD
- 3.35%
- 6M
- 5.06%
- 1Y
- 17.66%
- 3Y*
- 6.41%
- 5Y*
- 4.67%
- 10Y*
- 7.57%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AVALX vs. RYSEX - Expense Ratio Comparison
AVALX has a 1.50% expense ratio, which is higher than RYSEX's 1.20% expense ratio.
Return for Risk
AVALX vs. RYSEX — Risk / Return Rank
AVALX
RYSEX
AVALX vs. RYSEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aegis Value Fund (AVALX) and Royce Special Equity Fund (RYSEX). 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.
| AVALX | RYSEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.30 | 0.96 | +2.35 |
Sortino ratioReturn per unit of downside risk | 3.95 | 1.51 | +2.43 |
Omega ratioGain probability vs. loss probability | 1.59 | 1.19 | +0.41 |
Calmar ratioReturn relative to maximum drawdown | 5.11 | 1.41 | +3.71 |
Martin ratioReturn relative to average drawdown | 24.92 | 4.67 | +20.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| AVALX | RYSEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.30 | 0.96 | +2.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.12 | 0.29 | +0.83 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.97 | 0.44 | +0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.51 | +0.02 |
Correlation
The correlation between AVALX and RYSEX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
AVALX vs. RYSEX - Dividend Comparison
AVALX's dividend yield for the trailing twelve months is around 2.06%, less than RYSEX's 11.96% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVALX Aegis Value Fund | 2.06% | 2.34% | 7.07% | 2.23% | 0.16% | 0.00% | 6.62% | 2.36% | 6.18% | 0.00% | 1.45% | 0.04% |
RYSEX Royce Special Equity Fund | 11.96% | 12.36% | 16.35% | 5.32% | 12.34% | 16.53% | 3.70% | 11.56% | 13.11% | 8.24% | 7.72% | 11.68% |
Drawdowns
AVALX vs. RYSEX - Drawdown Comparison
The maximum AVALX drawdown since its inception was -73.72%, which is greater than RYSEX's maximum drawdown of -43.25%. Use the drawdown chart below to compare losses from any high point for AVALX and RYSEX.
Loading graphics...
Drawdown Indicators
| AVALX | RYSEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.72% | -43.25% | -30.47% |
Max Drawdown (1Y)Largest decline over 1 year | -13.02% | -10.97% | -2.05% |
Max Drawdown (5Y)Largest decline over 5 years | -32.00% | -23.03% | -8.97% |
Max Drawdown (10Y)Largest decline over 10 years | -48.34% | -32.13% | -16.21% |
Current DrawdownCurrent decline from peak | -6.09% | -6.33% | +0.24% |
Average DrawdownAverage peak-to-trough decline | -11.01% | -6.39% | -4.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 3.30% | -0.63% |
Volatility
AVALX vs. RYSEX - Volatility Comparison
Aegis Value Fund (AVALX) has a higher volatility of 5.32% compared to Royce Special Equity Fund (RYSEX) at 3.43%. This indicates that AVALX's price experiences larger fluctuations and is considered to be riskier than RYSEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| AVALX | RYSEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.32% | 3.43% | +1.89% |
Volatility (6M)Calculated over the trailing 6-month period | 14.20% | 9.64% | +4.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.15% | 18.16% | +2.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.62% | 16.43% | +6.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.32% | 17.40% | +4.92% |