BFGIX vs. SECUX
BFGIX (Baron Focused Growth Fund Institutional Shares) and SECUX (Guggenheim StylePlus - Mid Growth Fund) are both Mid Cap Growth Equities funds. Over the past 10 years, BFGIX returned 21.84%/yr vs 11.69%/yr for SECUX. Their correlation of 0.84 suggests significant overlap in exposure. BFGIX charges 1.05%/yr vs 1.42%/yr for SECUX.
Performance
BFGIX vs. SECUX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BFGIX achieves a 4.38% return, which is significantly lower than SECUX's 16.03% return. Over the past 10 years, BFGIX has outperformed SECUX with an annualized return of 21.84%, while SECUX has yielded a comparatively lower 11.69% annualized return.
BFGIX
- 1D
- -6.25%
- 1M
- 5.60%
- YTD
- 4.38%
- 6M
- 2.37%
- 1Y
- 24.01%
- 3Y*
- 21.09%
- 5Y*
- 12.23%
- 10Y*
- 21.84%
SECUX
- 1D
- 0.90%
- 1M
- 2.69%
- YTD
- 16.03%
- 6M
- 13.66%
- 1Y
- 19.34%
- 3Y*
- 15.18%
- 5Y*
- 4.92%
- 10Y*
- 11.69%
BFGIX vs. SECUX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BFGIX Baron Focused Growth Fund Institutional Shares | 4.38% | 22.26% | 29.85% | 27.78% | -28.05% | 19.00% | 122.92% | 30.34% | 4.08% | 26.58% |
SECUX Guggenheim StylePlus - Mid Growth Fund | 16.03% | 1.86% | 14.29% | 26.43% | -28.33% | 13.39% | 31.95% | 32.44% | -7.76% | 24.15% |
Correlation
The correlation between BFGIX and SECUX is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since May 29, 2009 | 0.84 |
Over the past year, the correlation between BFGIX and SECUX has dropped to 0.58 - well below their long-term average of 0.84, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BFGIX vs. SECUX — Risk / Return Rank
BFGIX
SECUX
BFGIX vs. SECUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Focused Growth Fund Institutional Shares (BFGIX) and Guggenheim StylePlus - Mid Growth Fund (SECUX). 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.
| BFGIX | SECUX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.21 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.62 | 2.16 | +0.47 |
| Martin ratioReturn relative to average drawdown | 7.12 | 7.21 | -0.09 |
Loading charts...
Drawdowns
BFGIX vs. SECUX - Drawdown Comparison
The maximum BFGIX drawdown since its inception was -43.62%, smaller than the maximum SECUX drawdown of -71.68%. Use the drawdown chart below to compare losses from any high point for BFGIX and SECUX.
Loading charts...
Drawdown Indicators
| BFGIX | SECUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.62% | -71.68% | +28.06% |
Max Drawdown (1Y)Largest decline over 1 year | -9.92% | -9.17% | -0.75% |
Max Drawdown (3Y)Largest decline over 3 years | -20.97% | -25.43% | +4.46% |
Max Drawdown (5Y)Largest decline over 5 years | -35.71% | -37.80% | +2.09% |
Max Drawdown (10Y)Largest decline over 10 years | -43.62% | -38.56% | -5.06% |
Current DrawdownCurrent decline from peak | -9.92% | -0.11% | -9.81% |
Average DrawdownAverage peak-to-trough decline | -7.85% | -18.38% | +10.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.65% | 2.74% | +0.91% |
Volatility
BFGIX vs. SECUX - Volatility Comparison
Baron Focused Growth Fund Institutional Shares (BFGIX) has a higher volatility of 12.08% compared to Guggenheim StylePlus - Mid Growth Fund (SECUX) at 5.80%. This indicates that BFGIX's price experiences larger fluctuations and is considered to be riskier than SECUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BFGIX | SECUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.08% | 5.80% | +6.28% |
Volatility (6M)Calculated over the trailing 6-month period | 15.73% | 13.39% | +2.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.03% | 16.53% | +5.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.85% | 21.53% | +1.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.24% | 21.24% | +3.00% |
BFGIX vs. SECUX - Expense Ratio Comparison
BFGIX has a 1.05% expense ratio, which is lower than SECUX's 1.42% expense ratio.
Dividends
BFGIX vs. SECUX - Dividend Comparison
Neither BFGIX nor SECUX has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BFGIX Baron Focused Growth Fund Institutional Shares | 0.00% | 0.00% | 0.00% | 0.00% | 11.79% | 15.01% | 2.78% | 1.74% | 1.05% | 2.07% | 5.92% | 6.01% |
SECUX Guggenheim StylePlus - Mid Growth Fund | 0.00% | 0.00% | 0.00% | 2.31% | 41.48% | 6.54% | 14.34% | 2.18% | 27.68% | 12.89% | 0.59% | 14.34% |
Frequently Asked Questions
BFGIX and SECUX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BFGIX has higher volatility (12.08%) compared to SECUX (5.80%). In terms of maximum drawdown, BFGIX dropped -43.62% vs SECUX's -71.68%.
SECUX currently has the higher Sharpe Ratio (1.20 vs 1.18), 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.
Find the right allocation for BFGIX and SECUX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer