BSCFX vs. AKREX

Last updated Jun 3, 2026

BSCFX (Baron Small Cap Fund) and AKREX (Akre Focus Fund Retail Class) are both mutual funds - BSCFX is a Small Cap Growth Equities fund managed by Baron Capital Group, Inc., while AKREX is a Large Cap Growth Equities fund managed by Akre. Their correlation of 0.82 suggests significant overlap in exposure. BSCFX charges 1.29%/yr vs 1.30%/yr for AKREX.

Performance

BSCFX vs. AKREX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baron Small Cap Fund (BSCFX) and Akre Focus Fund Retail Class (AKREX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BSCFX

• 1D: 1.42%
• 1M: 3.64%
• YTD: -0.91%
• 6M: -0.11%
• 1Y: 2.34%
• 3Y*: 9.23%
• 5Y*: 1.18%
• 10Y*: 10.32%

AKREX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BSCFX vs. AKREX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BSCFX Baron Small Cap Fund	-0.91%	-0.92%	13.11%	26.90%	-31.19%	15.42%	40.38%	34.60%	-7.39%	27.34%
AKREX Akre Focus Fund Retail Class	0.00%	1.72%	17.97%	28.39%	-22.95%	24.23%	20.37%	35.05%	5.25%	30.49%

Correlation

The correlation between BSCFX and AKREX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.78
Correlation (All Time) Calculated using the full available price history since Jan 5, 2010	0.82

Over the past year, the correlation between BSCFX and AKREX has dropped to 0.27 - well below their long-term average of 0.82, suggesting their price drivers have been diverging.

Return for Risk

BSCFX vs. AKREX — Risk / Return Rank

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

BSCFX

BSCFX Risk / Return Rank: 3
BSCFX Sharpe Ratio Rank: 3
BSCFX Sortino Ratio Rank: 3
BSCFX Omega Ratio Rank: 3
BSCFX Calmar Ratio Rank: 3
BSCFX Martin Ratio Rank: 3

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.

BSCFX vs. AKREX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baron Small Cap Fund (BSCFX) and Akre Focus Fund Retail Class (AKREX). 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.

	BSCFX	AKREX	Difference
Sharpe ratio Return per unit of total volatility	0.14	—	—
Sortino ratio Return per unit of downside risk	0.33	—	—
Omega ratio Gain probability vs. loss probability	1.04	—	—
Calmar ratio Return relative to maximum drawdown	0.17	—	—
Martin ratio Return relative to average drawdown	0.46	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BSCFX	AKREX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.14	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	—	—

Drawdowns

Drawdown Indicators

	BSCFX	AKREX	Difference
Max Drawdown Largest peak-to-trough decline	-55.59%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-15.00%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-26.91%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-37.94%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.58%	—	—
Current Drawdown Current decline from peak	-10.09%	—	—
Average Drawdown Average peak-to-trough decline	-11.08%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.62%	—	—

Volatility

Volatility by Period

	BSCFX	AKREX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.07%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.06%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.68%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.32%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.37%	—	—

BSCFX vs. AKREX - Expense Ratio Comparison

BSCFX has a 1.29% expense ratio, which is lower than AKREX's 1.30% expense ratio.

Dividends

BSCFX vs. AKREX - Dividend Comparison

BSCFX's dividend yield for the trailing twelve months is around 9.59%, more than AKREX's 4.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AKREX Akre Focus Fund Retail Class	4.80%	4.80%	5.07%	3.56%	6.73%	3.65%	0.00%	2.99%	0.55%	0.62%	0.18%	0.00%
BSCFX Baron Small Cap Fund	9.59%	9.50%	13.96%	3.04%	5.90%	12.47%	11.17%	9.60%	10.91%	13.57%	22.41%	12.56%

Frequently Asked Questions

Can I hold both BSCFX and AKREX in my portfolio?

BSCFX and AKREX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.