CWSIX vs. VRTVX

Last updated Jun 24, 2026

CWSIX (Chartwell Small Cap Value Fund) and VRTVX (Vanguard Russell 2000 Value Index Fund Institutional Shares) are both Small Cap Value Equities funds. Over the past 10 years, CWSIX returned 8.90%/yr vs 10.93%/yr for VRTVX. With a 0.96 correlation, they move nearly in lockstep. CWSIX charges 1.05%/yr vs 0.08%/yr for VRTVX.

Performance

CWSIX vs. VRTVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Chartwell Small Cap Value Fund (CWSIX) and Vanguard Russell 2000 Value Index Fund Institutional Shares (VRTVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with CWSIX having a 21.35% return and VRTVX slightly lower at 21.21%. Over the past 10 years, CWSIX has underperformed VRTVX with an annualized return of 8.90%, while VRTVX has yielded a comparatively higher 10.93% annualized return.

CWSIX

• 1D: 0.00%
• 1M: 4.91%
• YTD: 21.35%
• 6M: 19.63%
• 1Y: 33.86%
• 3Y*: 14.65%
• 5Y*: 7.12%
• 10Y*: 8.90%

VRTVX

• 1D: 0.47%
• 1M: 3.65%
• YTD: 21.21%
• 6M: 19.11%
• 1Y: 43.12%
• 3Y*: 19.49%
• 5Y*: 7.66%
• 10Y*: 10.93%

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

CWSIX vs. VRTVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CWSIX Chartwell Small Cap Value Fund	21.35%	-0.50%	11.09%	12.36%	-9.72%	24.32%	-5.58%	24.58%	-12.73%	8.68%
VRTVX Vanguard Russell 2000 Value Index Fund Institutional Shares	21.21%	12.21%	8.07%	14.71%	-14.52%	28.06%	4.81%	22.40%	-12.83%	7.91%

Correlation

The correlation between CWSIX and VRTVX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Mar 16, 2012	0.96

The correlation between CWSIX and VRTVX has been stable across timeframes, ranging from 0.91 to 0.96 - a consistent structural relationship.

Return for Risk

CWSIX vs. VRTVX — Risk / Return Rank

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

CWSIX

CWSIX Risk / Return Rank: 48
CWSIX Sharpe Ratio Rank: 45
CWSIX Sortino Ratio Rank: 49
CWSIX Omega Ratio Rank: 40
CWSIX Calmar Ratio Rank: 61
CWSIX Martin Ratio Rank: 46

VRTVX

VRTVX Risk / Return Rank: 83
VRTVX Sharpe Ratio Rank: 82
VRTVX Sortino Ratio Rank: 79
VRTVX Omega Ratio Rank: 67
VRTVX Calmar Ratio Rank: 95
VRTVX Martin Ratio Rank: 93

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.

CWSIX vs. VRTVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chartwell Small Cap Value Fund (CWSIX) and Vanguard Russell 2000 Value Index Fund Institutional Shares (VRTVX). 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.

	CWSIX	VRTVX	Difference
Sharpe ratio: Return per unit of total volatility	1.81	2.48	-0.67
Sortino ratio: Return per unit of downside risk	2.69	3.45	-0.76
Omega ratio: Gain probability vs. loss probability	1.31	1.42	-0.10
Calmar ratio: Return relative to maximum drawdown	2.86	5.30	-2.44
Martin ratio: Return relative to average drawdown	9.10	18.02	-8.92

CWSIX vs. VRTVX - Sharpe Ratio Comparison

The current CWSIX Sharpe Ratio is 1.81, which is comparable to the VRTVX Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of CWSIX and VRTVX, 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

CWSIX vs. VRTVX - Drawdown Comparison

The maximum CWSIX drawdown since its inception was -44.08%, roughly equal to the maximum VRTVX drawdown of -45.98%. Use the drawdown chart below to compare losses from any high point for CWSIX and VRTVX.

Drawdown Indicators

	CWSIX	VRTVX	Difference
Max Drawdown Largest peak-to-trough decline	-44.08%	-45.98%	+1.90%
Max Drawdown (1Y) Largest decline over 1 year	-12.47%	-8.54%	-3.93%
Max Drawdown (3Y) Largest decline over 3 years	-29.09%	-26.85%	-2.24%
Max Drawdown (5Y) Largest decline over 5 years	-29.09%	-26.85%	-2.24%
Max Drawdown (10Y) Largest decline over 10 years	-44.08%	-45.98%	+1.90%
Current Drawdown Current decline from peak	-0.07%	0.00%	-0.07%
Average Drawdown Average peak-to-trough decline	-6.77%	-7.75%	+0.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.92%	2.51%	+1.41%

Volatility

CWSIX vs. VRTVX - Volatility Comparison

The current volatility for Chartwell Small Cap Value Fund (CWSIX) is 4.95%, while Vanguard Russell 2000 Value Index Fund Institutional Shares (VRTVX) has a volatility of 5.28%. This indicates that CWSIX experiences smaller price fluctuations and is considered to be less risky than VRTVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CWSIX	VRTVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.95%	5.28%	-0.33%
Volatility (6M) Calculated over the trailing 6-month period	13.69%	12.47%	+1.22%
Volatility (1Y) Calculated over the trailing 1-year period	19.73%	18.28%	+1.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.52%	21.66%	-1.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.74%	23.75%	-1.01%

CWSIX vs. VRTVX - Expense Ratio Comparison

CWSIX has a 1.05% expense ratio, which is higher than VRTVX's 0.08% expense ratio.

Dividends

CWSIX vs. VRTVX - Dividend Comparison

CWSIX's dividend yield for the trailing twelve months is around 18.40%, more than VRTVX's 1.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CWSIX Chartwell Small Cap Value Fund	18.40%	22.32%	41.77%	3.44%	1.20%	10.61%	0.74%	4.17%	8.19%	4.28%	0.47%	0.80%
VRTVX Vanguard Russell 2000 Value Index Fund Institutional Shares	1.65%	1.49%	1.84%	2.08%	2.15%	1.56%	1.54%	1.87%	2.17%	1.74%	1.52%	2.16%

Frequently Asked Questions

Can I hold both CWSIX and VRTVX in my portfolio?

With a correlation of 0.91, CWSIX and VRTVX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, CWSIX or VRTVX?

VRTVX has higher volatility (5.28%) compared to CWSIX (4.95%). In terms of maximum drawdown, CWSIX dropped -44.08% vs VRTVX's -45.98%.

Which has better risk-adjusted returns?

VRTVX currently has the higher Sharpe Ratio (2.48 vs 1.81), 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.