CSMDX vs. AZBIX

Last updated Apr 1, 2026

Compare and contrast key facts about Copeland SMID Cap Dividend Growth Fund (CSMDX) and Virtus Small-Cap Fund (AZBIX).

CSMDX is managed by Copeland Funds. It was launched on Feb 27, 2017. AZBIX is managed by Allianz. It was launched on Jul 1, 2013.

Performance

CSMDX vs. AZBIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Copeland SMID Cap Dividend Growth Fund (CSMDX) and Virtus Small-Cap Fund (AZBIX). The values are adjusted to include any dividend payments, if applicable.

CSMDX vs. AZBIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CSMDX Copeland SMID Cap Dividend Growth Fund	1.51%	2.72%	2.24%	18.89%	-14.89%	22.60%	8.29%	29.90%	-5.20%	10.44%
AZBIX Virtus Small-Cap Fund	-0.89%	8.49%	19.06%	14.09%	-18.04%	18.92%	16.98%	24.13%	-9.25%	16.64%

Returns By Period

In the year-to-date period, CSMDX achieves a 1.51% return, which is significantly higher than AZBIX's -0.89% return.

CSMDX

• 1D: -0.39%
• 1M: -8.78%
• YTD: 1.51%
• 6M: 1.88%
• 1Y: 9.49%
• 3Y*: 5.94%
• 5Y*: 3.80%
• 10Y*: —

AZBIX

• 1D: -1.25%
• 1M: -7.38%
• YTD: -0.89%
• 6M: -2.42%
• 1Y: 18.07%
• 3Y*: 11.65%
• 5Y*: 5.21%
• 10Y*: 10.25%

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

CSMDX vs. AZBIX - Expense Ratio Comparison

CSMDX has a 0.95% expense ratio, which is higher than AZBIX's 0.89% expense ratio.

CSMDX

Copeland SMID Cap Dividend Growth Fund

AZBIX

Virtus Small-Cap Fund

Return for Risk

CSMDX vs. AZBIX — Risk / Return Rank

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

CSMDX

CSMDX Risk / Return Rank: 19
CSMDX Sharpe Ratio Rank: 19
CSMDX Sortino Ratio Rank: 21
CSMDX Omega Ratio Rank: 18
CSMDX Calmar Ratio Rank: 19
CSMDX Martin Ratio Rank: 20

AZBIX

AZBIX Risk / Return Rank: 48
AZBIX Sharpe Ratio Rank: 45
AZBIX Sortino Ratio Rank: 48
AZBIX Omega Ratio Rank: 39
AZBIX Calmar Ratio Rank: 57
AZBIX Martin Ratio Rank: 50

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.

CSMDX vs. AZBIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Copeland SMID Cap Dividend Growth Fund (CSMDX) and Virtus Small-Cap Fund (AZBIX). 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.

	CSMDX	AZBIX	Difference
Sharpe ratio Return per unit of total volatility	0.51	0.91	-0.39
Sortino ratio Return per unit of downside risk	0.89	1.38	-0.49
Omega ratio Gain probability vs. loss probability	1.12	1.18	-0.06
Calmar ratio Return relative to maximum drawdown	0.58	1.34	-0.76
Martin ratio Return relative to average drawdown	2.19	4.95	-2.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CSMDX vs. AZBIX - Sharpe Ratio Comparison

The current CSMDX Sharpe Ratio is 0.51, which is lower than the AZBIX Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of CSMDX and AZBIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CSMDX	AZBIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.51	0.91	-0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	0.26	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.48	-0.08

Correlation

The correlation between CSMDX and AZBIX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CSMDX vs. AZBIX - Dividend Comparison

CSMDX's dividend yield for the trailing twelve months is around 3.09%, less than AZBIX's 4.94% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSMDX Copeland SMID Cap Dividend Growth Fund	3.09%	3.14%	1.33%	0.81%	4.07%	6.67%	0.38%	2.61%	4.40%	0.13%	0.00%	0.00%
AZBIX Virtus Small-Cap Fund	4.94%	4.90%	10.82%	2.31%	4.78%	13.82%	0.45%	0.38%	9.62%	13.80%	0.03%	3.59%

Drawdowns

CSMDX vs. AZBIX - Drawdown Comparison

The maximum CSMDX drawdown since its inception was -37.28%, smaller than the maximum AZBIX drawdown of -40.80%. Use the drawdown chart below to compare losses from any high point for CSMDX and AZBIX.

Drawdown Indicators

	CSMDX	AZBIX	Difference
Max Drawdown Largest peak-to-trough decline	-37.28%	-40.80%	+3.52%
Max Drawdown (1Y) Largest decline over 1 year	-13.33%	-11.76%	-1.57%
Max Drawdown (5Y) Largest decline over 5 years	-24.60%	-29.85%	+5.25%
Max Drawdown (10Y) Largest decline over 10 years	—	-40.80%	—
Current Drawdown Current decline from peak	-9.20%	-8.46%	-0.74%
Average Drawdown Average peak-to-trough decline	-5.84%	-7.80%	+1.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.52%	3.18%	+0.34%

Volatility

CSMDX vs. AZBIX - Volatility Comparison

The current volatility for Copeland SMID Cap Dividend Growth Fund (CSMDX) is 4.58%, while Virtus Small-Cap Fund (AZBIX) has a volatility of 6.27%. This indicates that CSMDX experiences smaller price fluctuations and is considered to be less risky than AZBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSMDX	AZBIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.58%	6.27%	-1.69%
Volatility (6M) Calculated over the trailing 6-month period	10.22%	12.56%	-2.34%
Volatility (1Y) Calculated over the trailing 1-year period	19.31%	19.73%	-0.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.12%	20.49%	-2.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.25%	21.29%	-2.04%