AVFIX vs. DHSIX

Last updated Aug 5, 2026

AVFIX (American Beacon Small Cap Value Fund) and DHSIX (Diamond Hill Small Cap Fund Class I) are both Small Cap Value Equities funds. Over the past 10 years, AVFIX returned 10.49%/yr vs 10.94%/yr for DHSIX. Their correlation of 0.94 means they have usually moved in the same direction. AVFIX charges 0.81%/yr vs 0.97%/yr for DHSIX.

Performance

AVFIX vs. DHSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Beacon Small Cap Value Fund (AVFIX) and Diamond Hill Small Cap Fund Class I (DHSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with AVFIX having a 28.52% return and DHSIX slightly higher at 29.57%. Both investments have delivered pretty close results over the past 10 years, with AVFIX having a 10.49% annualized return and DHSIX not far ahead at 10.94%.

AVFIX

• 1D: 1.59%
• 1M: 2.14%
• 6M: 17.15%
• YTD: 28.52%
• 1Y: 39.70%
• 3Y*: 14.68%
• 5Y*: 11.14%
• 10Y*: 10.49%
• ALL TIME*: 10.47%

DHSIX

• 1D: 1.39%
• 1M: 0.89%
• 6M: 18.72%
• YTD: 29.57%
• 1Y: 42.22%
• 3Y*: 21.09%
• 5Y*: 14.25%
• 10Y*: 10.94%
• ALL TIME*: 8.92%

*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)
AVFIX American Beacon Small Cap Value Fund	$0.00	$0.00	$0.00
DHSIX Diamond Hill Small Cap Fund Class I	$0.00	$0.00	$0.00

AVFIX vs. DHSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AVFIX American Beacon Small Cap Value Fund	28.52%	4.91%	7.48%	16.76%	-8.03%	28.32%	4.05%	23.52%	-15.78%	8.74%
DHSIX Diamond Hill Small Cap Fund Class I	29.57%	11.83%	13.10%	24.25%	-14.85%	32.69%	-0.27%	21.83%	-15.00%	10.89%

Correlation

The correlation between AVFIX and DHSIX is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (3Y) Balances recent behavior with more history.	0.93
Correlation (5Y) Shows whether the relationship held over a longer period.	0.94
Correlation (10Y) Provides a long-term view across more market conditions.	0.94
Correlation (All Time) Calculated using the full available price history since Apr 29, 2005	0.94

The correlation between AVFIX and DHSIX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

Return for Risk

AVFIX vs. DHSIX — Risk / Return Rank

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

AVFIX

AVFIX Risk / Return Rank: 90
AVFIX Sharpe Ratio Rank: 91
AVFIX Sortino Ratio Rank: 90
AVFIX Omega Ratio Rank: 83
AVFIX Calmar Ratio Rank: 96
AVFIX Martin Ratio Rank: 93

DHSIX

DHSIX Risk / Return Rank: 87
DHSIX Sharpe Ratio Rank: 88
DHSIX Sortino Ratio Rank: 88
DHSIX Omega Ratio Rank: 80
DHSIX Calmar Ratio Rank: 92
DHSIX Martin Ratio Rank: 89

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.

AVFIX vs. DHSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon Small Cap Value Fund (AVFIX) and Diamond Hill Small Cap Fund Class I (DHSIX). 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.

	AVFIX	DHSIX	Difference
Sharpe ratio: Return per unit of total volatility	2.33	2.27	+0.06
Sortino ratio: Return per unit of downside risk	3.36	3.29	+0.06
Omega ratio: Gain probability vs. loss probability	1.40	1.39	+0.01
Calmar ratio: Return relative to maximum drawdown	4.62	4.08	+0.53
Martin ratio: Return relative to average drawdown	14.63	13.36	+1.27

AVFIX vs. DHSIX - Sharpe Ratio Comparison

The current AVFIX Sharpe Ratio is 2.33, which is comparable to the DHSIX Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of AVFIX and DHSIX, 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

AVFIX vs. DHSIX - Drawdown Comparison

The maximum AVFIX drawdown since its inception was -61.40%, which is greater than DHSIX's maximum drawdown of -52.83%. Use the drawdown chart below to compare losses from any high point for AVFIX and DHSIX.

Drawdown Indicators

	AVFIX	DHSIX	Difference
Max Drawdown Largest peak-to-trough decline	-61.40%	-52.83%	-8.57%
Max Drawdown (1Y) Largest decline over 1 year	-9.17%	-10.97%	+1.80%
Max Drawdown (3Y) Largest decline over 3 years	-28.94%	-28.33%	-0.61%
Max Drawdown (5Y) Largest decline over 5 years	-28.94%	-28.33%	-0.61%
Max Drawdown (10Y) Largest decline over 10 years	-49.78%	-45.96%	-3.82%
Current Drawdown Current decline from peak	0.00%	-0.27%	+0.27%
Average Drawdown Average peak-to-trough decline	-9.16%	-8.32%	-0.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	3.35%	-0.46%

Volatility

AVFIX vs. DHSIX - Volatility Comparison

The current volatility for American Beacon Small Cap Value Fund (AVFIX) is 3.95%, while Diamond Hill Small Cap Fund Class I (DHSIX) has a volatility of 5.80%. This indicates that AVFIX experiences smaller price fluctuations and is considered to be less risky than DHSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVFIX	DHSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	5.80%	-1.85%
Volatility (6M) Calculated over the trailing 6-month period	12.39%	14.12%	-1.73%
Volatility (1Y) Calculated over the trailing 1-year period	18.21%	19.81%	-1.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.29%	21.49%	+0.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.47%	22.25%	+2.22%

AVFIX vs. DHSIX - Expense Ratio Comparison

AVFIX has a 0.81% expense ratio, which is lower than DHSIX's 0.97% expense ratio.

Dividends

AVFIX vs. DHSIX - Dividend Comparison

AVFIX's dividend yield for the trailing twelve months is around 8.33%, more than DHSIX's 4.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVFIX American Beacon Small Cap Value Fund	8.33%	10.70%	8.67%	4.91%	17.72%	11.86%	0.88%	1.84%	15.05%	9.66%	3.04%	6.00%
DHSIX Diamond Hill Small Cap Fund Class I	4.43%	5.74%	15.81%	30.09%	18.06%	17.39%	0.61%	7.13%	10.46%	6.90%	2.68%	1.95%

Frequently Asked Questions

Can I hold both AVFIX and DHSIX in my portfolio?

AVFIX and DHSIX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVFIX or DHSIX?

DHSIX has higher volatility (5.80%) compared to AVFIX (3.95%). In terms of maximum drawdown, AVFIX dropped -61.40% vs DHSIX's -52.83%.

Which has better risk-adjusted returns?

AVFIX currently has the higher Sharpe Ratio (2.33 vs 2.27), 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.