AZBIX vs. BOSOX

Last updated Jun 5, 2026

AZBIX (Virtus Small-Cap Fund) and BOSOX (Boston Trust Small Cap Fund) are both Small Cap Blend Equities funds. Over the past 10 years, AZBIX returned 11.77%/yr vs 10.19%/yr for BOSOX. Their correlation of 0.91 suggests significant overlap in exposure. AZBIX charges 0.89%/yr vs 1.00%/yr for BOSOX.

Performance

AZBIX vs. BOSOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Small-Cap Fund (AZBIX) and Boston Trust Small Cap Fund (BOSOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AZBIX achieves a 17.18% return, which is significantly higher than BOSOX's 6.27% return. Over the past 10 years, AZBIX has outperformed BOSOX with an annualized return of 11.77%, while BOSOX has yielded a comparatively lower 10.19% annualized return.

AZBIX

• 1D: -0.86%
• 1M: 0.84%
• YTD: 17.18%
• 6M: 16.12%
• 1Y: 32.63%
• 3Y*: 17.89%
• 5Y*: 8.04%
• 10Y*: 11.77%

BOSOX

• 1D: -0.34%
• 1M: 1.61%
• YTD: 6.27%
• 6M: 4.35%
• 1Y: 6.72%
• 3Y*: 7.62%
• 5Y*: 4.78%
• 10Y*: 10.19%

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

AZBIX vs. BOSOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AZBIX Virtus Small-Cap Fund	17.18%	8.49%	19.06%	14.09%	-18.04%	18.92%	16.98%	24.13%	-9.25%	21.27%
BOSOX Boston Trust Small Cap Fund	6.27%	-4.04%	12.52%	10.09%	-9.05%	28.10%	8.27%	38.35%	-6.01%	12.24%

Correlation

The correlation between AZBIX and BOSOX is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jul 3, 2013	0.91

The correlation between AZBIX and BOSOX shifts across timeframes, from 0.80 (1 year) to 0.91 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AZBIX vs. BOSOX — Risk / Return Rank

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

AZBIX

AZBIX Risk / Return Rank: 54
AZBIX Sharpe Ratio Rank: 45
AZBIX Sortino Ratio Rank: 45
AZBIX Omega Ratio Rank: 40
AZBIX Calmar Ratio Rank: 78
AZBIX Martin Ratio Rank: 62

BOSOX

BOSOX Risk / Return Rank: 6
BOSOX Sharpe Ratio Rank: 6
BOSOX Sortino Ratio Rank: 6
BOSOX Omega Ratio Rank: 5
BOSOX Calmar Ratio Rank: 7
BOSOX Martin Ratio Rank: 7

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.

AZBIX vs. BOSOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Small-Cap Fund (AZBIX) and Boston Trust Small Cap Fund (BOSOX). 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.

	AZBIX	BOSOX	Difference
Sharpe ratio: Return per unit of total volatility	1.94	0.42	+1.52
Sortino ratio: Return per unit of downside risk	2.78	0.74	+2.04
Omega ratio: Gain probability vs. loss probability	1.34	1.08	+0.25
Calmar ratio: Return relative to maximum drawdown	3.47	0.60	+2.87
Martin ratio: Return relative to average drawdown	12.14	1.78	+10.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AZBIX vs. BOSOX - Sharpe Ratio Comparison

The current AZBIX Sharpe Ratio is 1.94, which is higher than the BOSOX Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of AZBIX and BOSOX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AZBIX	BOSOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.94	0.42	+1.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	0.27	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.52	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.43	+0.11

Drawdowns

AZBIX vs. BOSOX - Drawdown Comparison

The maximum AZBIX drawdown since its inception was -40.80%, smaller than the maximum BOSOX drawdown of -51.32%. Use the drawdown chart below to compare losses from any high point for AZBIX and BOSOX.

Drawdown Indicators

	AZBIX	BOSOX	Difference
Max Drawdown Largest peak-to-trough decline	-40.80%	-51.32%	+10.52%
Max Drawdown (1Y) Largest decline over 1 year	-9.33%	-10.69%	+1.36%
Max Drawdown (3Y) Largest decline over 3 years	-29.01%	-22.36%	-6.65%
Max Drawdown (5Y) Largest decline over 5 years	-29.85%	-22.36%	-7.49%
Max Drawdown (10Y) Largest decline over 10 years	-40.80%	-36.79%	-4.01%
Current Drawdown Current decline from peak	-0.86%	-6.99%	+6.13%
Average Drawdown Average peak-to-trough decline	-7.71%	-7.27%	-0.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	3.57%	-0.91%

Volatility

AZBIX vs. BOSOX - Volatility Comparison

Virtus Small-Cap Fund (AZBIX) has a higher volatility of 5.05% compared to Boston Trust Small Cap Fund (BOSOX) at 3.84%. This indicates that AZBIX's price experiences larger fluctuations and is considered to be riskier than BOSOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AZBIX	BOSOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.05%	3.84%	+1.21%
Volatility (6M) Calculated over the trailing 6-month period	12.17%	10.07%	+2.10%
Volatility (1Y) Calculated over the trailing 1-year period	16.72%	15.10%	+1.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.50%	17.82%	+2.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.36%	19.55%	+1.81%

AZBIX vs. BOSOX - Expense Ratio Comparison

AZBIX has a 0.89% expense ratio, which is lower than BOSOX's 1.00% expense ratio.

Dividends

AZBIX vs. BOSOX - Dividend Comparison

AZBIX's dividend yield for the trailing twelve months is around 4.18%, which matches BOSOX's 4.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AZBIX Virtus Small-Cap Fund	4.18%	4.90%	10.82%	2.31%	4.78%	13.82%	0.45%	0.38%	9.62%	13.80%	0.03%	3.59%
BOSOX Boston Trust Small Cap Fund	4.15%	4.41%	6.52%	0.78%	5.09%	8.93%	2.56%	12.46%	16.19%	9.13%	3.14%	18.92%

Frequently Asked Questions

Can I hold both AZBIX and BOSOX in my portfolio?

AZBIX and BOSOX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AZBIX or BOSOX?

AZBIX has higher volatility (5.05%) compared to BOSOX (3.84%). In terms of maximum drawdown, AZBIX dropped -40.80% vs BOSOX's -51.32%.

Which has better risk-adjusted returns?

AZBIX currently has the higher Sharpe Ratio (1.94 vs 0.42), 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.