BSCFX vs. NVDA

Last updated Aug 1, 2026

BSCFX (Baron Small Cap Fund) is Small Cap Growth Equities fund managed by Baron Capital, while NVDA (NVIDIA Corporation) is a stock. Over the past 10 years, BSCFX returned 10.13%/yr vs 64.62%/yr for NVDA. Their 0.52 correlation means they have sometimes moved together and sometimes differently.

Performance

BSCFX vs. NVDA - Performance Comparison

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

Returns By Period

In the year-to-date period, BSCFX achieves a 0.54% return, which is significantly lower than NVDA's 7.77% return. Over the past 10 years, BSCFX has underperformed NVDA with an annualized return of 10.13%, while NVDA has yielded a comparatively higher 64.62% annualized return.

BSCFX

• 1D: -0.55%
• 1M: -4.06%
• 6M: 0.35%
• YTD: 0.54%
• 1Y: -1.28%
• 3Y*: 5.89%
• 5Y*: 0.41%
• 10Y*: 10.13%
• ALL TIME*: 8.98%

NVDA

• 1D: 2.93%
• 1M: 3.04%
• 6M: 5.16%
• YTD: 7.77%
• 1Y: 15.71%
• 3Y*: 62.93%
• 5Y*: 59.52%
• 10Y*: 64.62%
• ALL TIME*: 36.28%

*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)
BSCFX Baron Small Cap Fund	$0.00	$0.00	$0.00
NVDA NVIDIA Corporation	$25.46B	$26.13B	$31.85B

BSCFX vs. NVDA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BSCFX Baron Small Cap Fund	0.54%	-0.92%	13.11%	26.90%	-31.19%	15.42%	40.38%	34.60%	-7.39%	27.34%
NVDA NVIDIA Corporation	7.77%	38.92%	171.25%	239.02%	-50.26%	125.48%	122.30%	76.94%	-30.82%	81.99%

Correlation

The correlation between BSCFX and NVDA is 0.24, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.24
Correlation (3Y) Balances recent behavior with more history.	0.39
Correlation (5Y) Shows whether the relationship held over a longer period.	0.55
Correlation (10Y) Provides a long-term view across more market conditions.	0.55
Correlation (All Time) Calculated using the full available price history since Jan 22, 1999	0.52

Over the past year, the correlation between BSCFX and NVDA has dropped to 0.24 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.

Return for Risk

BSCFX vs. NVDA — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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

NVDA

NVDA Risk / Return Rank: 56
NVDA Sharpe Ratio Rank: 58
NVDA Sortino Ratio Rank: 53
NVDA Omega Ratio Rank: 51
NVDA Calmar Ratio Rank: 60
NVDA Martin Ratio Rank: 59

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.

BSCFX vs. NVDA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baron Small Cap Fund (BSCFX) and NVIDIA Corporation (NVDA). 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	NVDA	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	0.36	-0.54
Sortino ratio: Return per unit of downside risk	-0.14	0.76	-0.89
Omega ratio: Gain probability vs. loss probability	0.99	1.09	-0.10
Calmar ratio: Return relative to maximum drawdown	-0.22	0.65	-0.87
Martin ratio: Return relative to average drawdown	-0.56	1.32	-1.87

BSCFX vs. NVDA - Sharpe Ratio Comparison

The current BSCFX Sharpe Ratio is -0.18, which is lower than the NVDA Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of BSCFX and NVDA, 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

BSCFX vs. NVDA - Drawdown Comparison

The maximum BSCFX drawdown since its inception was -55.59%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for BSCFX and NVDA.

Drawdown Indicators

	BSCFX	NVDA	Difference
Max Drawdown Largest peak-to-trough decline	-55.59%	-89.72%	+34.13%
Max Drawdown (1Y) Largest decline over 1 year	-15.00%	-20.21%	+5.21%
Max Drawdown (3Y) Largest decline over 3 years	-26.91%	-36.88%	+9.97%
Max Drawdown (5Y) Largest decline over 5 years	-37.94%	-66.34%	+28.40%
Max Drawdown (10Y) Largest decline over 10 years	-39.58%	-66.34%	+26.76%
Current Drawdown Current decline from peak	-8.77%	-14.74%	+5.97%
Average Drawdown Average peak-to-trough decline	-11.07%	-36.07%	+25.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.97%	9.90%	-3.93%

Volatility

BSCFX vs. NVDA - Volatility Comparison

The current volatility for Baron Small Cap Fund (BSCFX) is 4.65%, while NVIDIA Corporation (NVDA) has a volatility of 12.04%. This indicates that BSCFX experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSCFX	NVDA	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.65%	12.04%	-7.39%
Volatility (6M) Calculated over the trailing 6-month period	13.86%	28.30%	-14.44%
Volatility (1Y) Calculated over the trailing 1-year period	18.25%	36.41%	-18.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.45%	51.87%	-29.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.38%	49.95%	-27.57%

Dividends

BSCFX vs. NVDA - Dividend Comparison

BSCFX's dividend yield for the trailing twelve months is around 9.88%, more than NVDA's 0.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSCFX Baron Small Cap Fund	9.88%	9.50%	13.96%	3.04%	5.90%	12.47%	11.17%	9.60%	10.91%	13.57%	22.41%	12.56%
NVDA NVIDIA Corporation	0.14%	0.02%	0.03%	0.03%	0.11%	0.05%	0.12%	0.27%	0.46%	0.29%	0.45%	1.20%

Frequently Asked Questions

Can I hold both BSCFX and NVDA in my portfolio?

BSCFX and NVDA have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BSCFX or NVDA?

NVDA has higher volatility (12.04%) compared to BSCFX (4.65%). In terms of maximum drawdown, BSCFX dropped -55.59% vs NVDA's -89.72%.

Which has better risk-adjusted returns?

NVDA currently has the higher Sharpe Ratio (0.36 vs -0.18), 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.