BINCX vs. BCPIX

Last updated Aug 1, 2026

BINCX (Brandes International Small Cap Equity Fund Class C) and BCPIX (Brandes Core Plus Fixed Income Fund) are both mutual funds - BINCX is a Foreign Small & Mid Cap Equities fund actively managed by Brandes, while BCPIX is a Intermediate Core-Plus Bond fund managed by Brandes. Over the past 10 years, BINCX returned 10.87%/yr vs 1.54%/yr for BCPIX. Their 0.09 correlation means their historical movements had little consistent relationship. BINCX charges 1.99%/yr vs 0.30%/yr for BCPIX.

Performance

BINCX vs. BCPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brandes International Small Cap Equity Fund Class C (BINCX) and Brandes Core Plus Fixed Income Fund (BCPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BINCX achieves a 7.56% return, which is significantly higher than BCPIX's -0.53% return. Over the past 10 years, BINCX has outperformed BCPIX with an annualized return of 10.87%, while BCPIX has yielded a comparatively lower 1.54% annualized return.

BINCX

• 1D: 1.47%
• 1M: 7.58%
• 6M: 3.07%
• YTD: 7.56%
• 1Y: 13.42%
• 3Y*: 27.56%
• 5Y*: 18.21%
• 10Y*: 10.87%
• ALL TIME*: 9.18%

BCPIX

• 1D: 0.12%
• 1M: -1.08%
• 6M: -0.57%
• YTD: -0.53%
• 1Y: 1.72%
• 3Y*: 3.82%
• 5Y*: 0.37%
• 10Y*: 1.54%
• ALL TIME*: 1.27%

*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)
BCPIX Brandes Core Plus Fixed Income Fund	$0.00	$0.00	$0.00
BINCX Brandes International Small Cap Equity Fund Class C	$0.00	$0.00	$0.00

BINCX vs. BCPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BINCX Brandes International Small Cap Equity Fund Class C	7.56%	44.63%	22.20%	37.99%	-9.36%	18.22%	3.79%	6.06%	-20.76%	10.71%
BCPIX Brandes Core Plus Fixed Income Fund	-0.53%	6.71%	1.98%	6.70%	-10.78%	-0.34%	5.77%	6.65%	-0.45%	2.74%

Correlation

The correlation between BINCX and BCPIX is 0.44, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.44
Correlation (3Y) Balances recent behavior with more history.	0.31
Correlation (5Y) Shows whether the relationship held over a longer period.	0.27
Correlation (10Y) Provides a long-term view across more market conditions.	0.13
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.09

Over the past year, BINCX and BCPIX have become more correlated (0.44) than their long-term average of 0.09, meaning their price movements have been converging.

Return for Risk

BINCX vs. BCPIX — Risk / Return Rank

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

BINCX

BINCX Risk / Return Rank: 27
BINCX Sharpe Ratio Rank: 31
BINCX Sortino Ratio Rank: 33
BINCX Omega Ratio Rank: 30
BINCX Calmar Ratio Rank: 24
BINCX Martin Ratio Rank: 18

BCPIX

BCPIX Risk / Return Rank: 22
BCPIX Sharpe Ratio Rank: 23
BCPIX Sortino Ratio Rank: 23
BCPIX Omega Ratio Rank: 21
BCPIX Calmar Ratio Rank: 23
BCPIX Martin Ratio Rank: 21

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.

BINCX vs. BCPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brandes International Small Cap Equity Fund Class C (BINCX) and Brandes Core Plus Fixed Income Fund (BCPIX). 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.

	BINCX	BCPIX	Difference
Sharpe ratio: Return per unit of total volatility	1.03	0.81	+0.22
Sortino ratio: Return per unit of downside risk	1.60	1.20	+0.40
Omega ratio: Gain probability vs. loss probability	1.19	1.14	+0.05
Calmar ratio: Return relative to maximum drawdown	1.14	1.08	+0.06
Martin ratio: Return relative to average drawdown	2.60	2.96	-0.36

BINCX vs. BCPIX - Sharpe Ratio Comparison

The current BINCX Sharpe Ratio is 1.03, which is comparable to the BCPIX Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of BINCX and BCPIX, 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

BINCX vs. BCPIX - Drawdown Comparison

The maximum BINCX drawdown since its inception was -48.15%, which is greater than BCPIX's maximum drawdown of -22.43%. Use the drawdown chart below to compare losses from any high point for BINCX and BCPIX.

Drawdown Indicators

	BINCX	BCPIX	Difference
Max Drawdown Largest peak-to-trough decline	-48.15%	-22.43%	-25.72%
Max Drawdown (1Y) Largest decline over 1 year	-11.66%	-2.63%	-9.03%
Max Drawdown (3Y) Largest decline over 3 years	-11.66%	-4.70%	-6.96%
Max Drawdown (5Y) Largest decline over 5 years	-31.97%	-15.19%	-16.78%
Max Drawdown (10Y) Largest decline over 10 years	-48.15%	-15.19%	-32.96%
Current Drawdown Current decline from peak	-1.24%	-1.74%	+0.50%
Average Drawdown Average peak-to-trough decline	-9.38%	-4.23%	-5.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.10%	0.95%	+4.15%

Volatility

BINCX vs. BCPIX - Volatility Comparison

Brandes International Small Cap Equity Fund Class C (BINCX) has a higher volatility of 3.42% compared to Brandes Core Plus Fixed Income Fund (BCPIX) at 0.95%. This indicates that BINCX's price experiences larger fluctuations and is considered to be riskier than BCPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BINCX	BCPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.42%	0.95%	+2.47%
Volatility (6M) Calculated over the trailing 6-month period	10.80%	2.79%	+8.01%
Volatility (1Y) Calculated over the trailing 1-year period	12.88%	3.50%	+9.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.89%	5.11%	+8.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.10%	4.18%	+9.92%

BINCX vs. BCPIX - Expense Ratio Comparison

BINCX has a 1.99% expense ratio, which is higher than BCPIX's 0.30% expense ratio.

Dividends

BINCX vs. BCPIX - Dividend Comparison

BINCX's dividend yield for the trailing twelve months is around 3.19%, less than BCPIX's 3.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BCPIX Brandes Core Plus Fixed Income Fund	3.94%	4.32%	3.67%	2.91%	2.54%	1.89%	1.76%	2.77%	2.90%	2.49%	2.84%	2.72%
BINCX Brandes International Small Cap Equity Fund Class C	3.19%	3.01%	2.54%	2.45%	2.98%	3.85%	0.60%	0.21%	3.77%	7.83%	3.75%	3.04%

Frequently Asked Questions

Can I hold both BINCX and BCPIX in my portfolio?

BINCX and BCPIX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BINCX or BCPIX?

BINCX has higher volatility (3.42%) compared to BCPIX (0.95%). In terms of maximum drawdown, BINCX dropped -48.15% vs BCPIX's -22.43%.

Which has better risk-adjusted returns?

BINCX currently has the higher Sharpe Ratio (1.03 vs 0.81), 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.