COPLX vs. DQIRX

Last updated Aug 1, 2026

COPLX (Copley Fund) and DQIRX (BNY Mellon Equity Income Fund) are both mutual funds - COPLX is a Large Cap Value Equities fund managed by Copley, while DQIRX is a Dividend fund managed by Dreyfus. Over the past 10 years, COPLX returned 11.15%/yr vs 13.98%/yr for DQIRX. Their correlation of 0.81 means they have usually moved in the same direction. COPLX charges 2.37%/yr vs 0.78%/yr for DQIRX.

Performance

COPLX vs. DQIRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Copley Fund (COPLX) and BNY Mellon Equity Income Fund (DQIRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COPLX achieves a 10.44% return, which is significantly lower than DQIRX's 13.79% return. Over the past 10 years, COPLX has underperformed DQIRX with an annualized return of 11.15%, while DQIRX has yielded a comparatively higher 13.98% annualized return.

COPLX

• 1D: 0.33%
• 1M: 1.98%
• 6M: 10.55%
• YTD: 10.44%
• 1Y: 19.09%
• 3Y*: 16.08%
• 5Y*: 10.24%
• 10Y*: 11.15%
• ALL TIME*: 7.80%

DQIRX

• 1D: 1.03%
• 1M: 1.33%
• 6M: 10.63%
• YTD: 13.79%
• 1Y: 26.77%
• 3Y*: 21.54%
• 5Y*: 15.36%
• 10Y*: 13.98%
• ALL TIME*: 10.37%

*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)
COPLX Copley Fund	$0.00	$0.00	$0.00
DQIRX BNY Mellon Equity Income Fund	$0.00	$0.00	$0.00

COPLX vs. DQIRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
COPLX Copley Fund	10.44%	16.24%	18.18%	17.33%	-15.21%	18.39%	1.09%	25.59%	15.65%	9.49%
DQIRX BNY Mellon Equity Income Fund	13.79%	19.01%	26.93%	19.21%	-9.35%	29.13%	4.81%	24.98%	-3.60%	17.40%

Correlation

The correlation between COPLX and DQIRX is 0.76, 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.	0.76
Correlation (3Y) Balances recent behavior with more history.	0.84
Correlation (5Y) Shows whether the relationship held over a longer period.	0.89
Correlation (10Y) Provides a long-term view across more market conditions.	0.79
Correlation (All Time) Calculated using the full available price history since Jul 5, 2006	0.81

The correlation between COPLX and DQIRX shifts across timeframes, from 0.76 (1 year) to 0.89 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

COPLX vs. DQIRX — Risk / Return Rank

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

COPLX

COPLX Risk / Return Rank: 66
COPLX Sharpe Ratio Rank: 70
COPLX Sortino Ratio Rank: 68
COPLX Omega Ratio Rank: 65
COPLX Calmar Ratio Rank: 68
COPLX Martin Ratio Rank: 58

DQIRX

DQIRX Risk / Return Rank: 87
DQIRX Sharpe Ratio Rank: 86
DQIRX Sortino Ratio Rank: 81
DQIRX Omega Ratio Rank: 82
DQIRX Calmar Ratio Rank: 92
DQIRX Martin Ratio Rank: 93

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.

COPLX vs. DQIRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Copley Fund (COPLX) and BNY Mellon Equity Income Fund (DQIRX). 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.

	COPLX	DQIRX	Difference
Sharpe ratio: Return per unit of total volatility	1.64	2.10	-0.45
Sortino ratio: Return per unit of downside risk	2.31	2.82	-0.51
Omega ratio: Gain probability vs. loss probability	1.29	1.38	-0.10
Calmar ratio: Return relative to maximum drawdown	2.24	3.59	-1.35
Martin ratio: Return relative to average drawdown	7.58	13.49	-5.91

COPLX vs. DQIRX - Sharpe Ratio Comparison

The current COPLX Sharpe Ratio is 1.64, which is comparable to the DQIRX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of COPLX and DQIRX, 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

COPLX vs. DQIRX - Drawdown Comparison

The maximum COPLX drawdown since its inception was -44.70%, smaller than the maximum DQIRX drawdown of -50.77%. Use the drawdown chart below to compare losses from any high point for COPLX and DQIRX.

Drawdown Indicators

	COPLX	DQIRX	Difference
Max Drawdown Largest peak-to-trough decline	-44.70%	-50.77%	+6.07%
Max Drawdown (1Y) Largest decline over 1 year	-7.88%	-6.79%	-1.09%
Max Drawdown (3Y) Largest decline over 3 years	-18.21%	-18.48%	+0.27%
Max Drawdown (5Y) Largest decline over 5 years	-20.23%	-20.34%	+0.11%
Max Drawdown (10Y) Largest decline over 10 years	-36.61%	-36.82%	+0.21%
Current Drawdown Current decline from peak	-0.71%	-1.63%	+0.92%
Average Drawdown Average peak-to-trough decline	-8.92%	-6.90%	-2.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	1.81%	+0.52%

Volatility

COPLX vs. DQIRX - Volatility Comparison

Copley Fund (COPLX) and BNY Mellon Equity Income Fund (DQIRX) have volatilities of 3.06% and 2.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COPLX	DQIRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.06%	2.99%	+0.07%
Volatility (6M) Calculated over the trailing 6-month period	8.18%	8.61%	-0.43%
Volatility (1Y) Calculated over the trailing 1-year period	10.76%	11.63%	-0.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.03%	15.85%	-1.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.63%	17.39%	-0.76%

COPLX vs. DQIRX - Expense Ratio Comparison

COPLX has a 2.37% expense ratio, which is higher than DQIRX's 0.78% expense ratio.

Dividends

COPLX vs. DQIRX - Dividend Comparison

COPLX has not paid dividends to shareholders, while DQIRX's dividend yield for the trailing twelve months is around 2.88%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COPLX Copley Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DQIRX BNY Mellon Equity Income Fund	2.81%	3.12%	7.05%	4.56%	6.54%	2.61%	3.42%	2.50%	5.29%	8.45%	4.04%	8.22%

Frequently Asked Questions

Can I hold both COPLX and DQIRX in my portfolio?

COPLX and DQIRX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, COPLX or DQIRX?

COPLX has higher volatility (3.06%) compared to DQIRX (2.99%). In terms of maximum drawdown, COPLX dropped -44.70% vs DQIRX's -50.77%.

Which has better risk-adjusted returns?

DQIRX currently has the higher Sharpe Ratio (2.10 vs 1.64), 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.