BSCFX vs. DMCRX
BSCFX (Baron Small Cap Fund) and DMCRX (Driehaus Micro Cap Growth Fund) are both Small Cap Growth Equities funds. Over the past 10 years, BSCFX returned 10.22%/yr vs 20.77%/yr for DMCRX. Their correlation of 0.84 means they have usually moved in the same direction. BSCFX charges 1.29%/yr vs 1.38%/yr for DMCRX.
Performance
BSCFX vs. DMCRX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BSCFX achieves a 0.94% return, which is significantly lower than DMCRX's 18.90% return. Over the past 10 years, BSCFX has underperformed DMCRX with an annualized return of 10.22%, while DMCRX has yielded a comparatively higher 20.77% annualized return.
BSCFX
- 1D
- 0.40%
- 1M
- -3.68%
- 6M
- 0.68%
- YTD
- 0.94%
- 1Y
- -0.88%
- 3Y*
- 6.09%
- 5Y*
- 0.49%
- 10Y*
- 10.22%
- ALL TIME*
- 9.00%
DMCRX
- 1D
- -0.63%
- 1M
- -6.98%
- 6M
- 11.07%
- YTD
- 18.90%
- 1Y
- 60.21%
- 3Y*
- 25.44%
- 5Y*
- 9.88%
- 10Y*
- 20.77%
- ALL TIME*
- 18.10%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
BSCFX Baron Small Cap Fund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
BSCFX vs. DMCRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BSCFX Baron Small Cap Fund | 0.94% | -0.92% | 13.11% | 26.90% | -31.19% | 15.42% | 40.38% | 34.60% | -7.39% | 27.34% |
DMCRX Driehaus Micro Cap Growth Fund | 18.90% | 31.17% | 30.58% | 11.47% | -33.54% | 22.23% | 86.43% | 34.03% | 2.52% | 24.35% |
Correlation
The correlation between BSCFX and DMCRX is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.57 |
Correlation (3Y) Balances recent behavior with more history. | 0.75 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.81 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.84 |
Correlation (All Time) Calculated using the full available price history since Nov 20, 2013 | 0.84 |
Over the past year, the correlation between BSCFX and DMCRX has dropped to 0.57 - 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
BSCFX vs. DMCRX — Risk / Return Rank
BSCFX
DMCRX
BSCFX vs. DMCRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Small Cap Fund (BSCFX) and Driehaus Micro Cap Growth Fund (DMCRX). 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.
| BSCFX | DMCRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.99 | ||
| Sortino ratioReturn per unit of downside risk | -2.43 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.30 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | 3.69 | -3.83 |
| Martin ratioReturn relative to average drawdown | -0.37 | 11.52 | -11.90 |
Loading charts...
Drawdowns
BSCFX vs. DMCRX - Drawdown Comparison
The maximum BSCFX drawdown since its inception was -55.59%, which is greater than DMCRX's maximum drawdown of -46.68%. Use the drawdown chart below to compare losses from any high point for BSCFX and DMCRX.
Loading charts...
Drawdown Indicators
| BSCFX | DMCRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.59% | -46.68% | -8.91% |
Max Drawdown (1Y)Largest decline over 1 year | -15.00% | -15.46% | +0.46% |
Max Drawdown (3Y)Largest decline over 3 years | -26.91% | -34.92% | +8.01% |
Max Drawdown (5Y)Largest decline over 5 years | -37.94% | -46.68% | +8.74% |
Max Drawdown (10Y)Largest decline over 10 years | -39.58% | -46.68% | +7.10% |
Current DrawdownCurrent decline from peak | -8.41% | -11.27% | +2.86% |
Average DrawdownAverage peak-to-trough decline | -11.07% | -14.71% | +3.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.96% | 4.93% | +1.03% |
Volatility
BSCFX vs. DMCRX - Volatility Comparison
The current volatility for Baron Small Cap Fund (BSCFX) is 4.64%, while Driehaus Micro Cap Growth Fund (DMCRX) has a volatility of 9.29%. This indicates that BSCFX experiences smaller price fluctuations and is considered to be less risky than DMCRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BSCFX | DMCRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.64% | 9.29% | -4.65% |
Volatility (6M)Calculated over the trailing 6-month period | 13.83% | 23.95% | -10.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.24% | 30.55% | -12.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.44% | 28.78% | -6.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.38% | 28.12% | -5.74% |
BSCFX vs. DMCRX - Expense Ratio Comparison
BSCFX has a 1.29% expense ratio, which is lower than DMCRX's 1.38% expense ratio.
Dividends
BSCFX vs. DMCRX - Dividend Comparison
BSCFX's dividend yield for the trailing twelve months is around 9.84%, less than DMCRX's 11.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSCFX Baron Small Cap Fund | 9.84% | 9.50% | 13.96% | 3.04% | 5.90% | 12.47% | 11.17% | 9.60% | 10.91% | 13.57% | 22.41% | 12.56% |
DMCRX Driehaus Micro Cap Growth Fund | 11.54% | 13.72% | 3.86% | 0.87% | 8.20% | 48.23% | 19.79% | 14.70% | 33.22% | 8.91% | 0.00% | 4.20% |
Frequently Asked Questions
BSCFX and DMCRX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DMCRX has higher volatility (9.29%) compared to BSCFX (4.64%). In terms of maximum drawdown, BSCFX dropped -55.59% vs DMCRX's -46.68%.
DMCRX currently has the higher Sharpe Ratio (1.87 vs -0.12), 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 BSCFX and DMCRX
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