DAGVX vs. DSPIX
Compare and contrast key facts about BNY Mellon Dynamic Value Fund (DAGVX) and BNY Mellon Institutional S&P 500 Stock Index Fund (DSPIX).
DAGVX is managed by BNY Mellon. It was launched on Sep 29, 1995. DSPIX is a passively managed fund by BNY Mellon that tracks the performance of the S&P 500 Index. It was launched on Sep 30, 1993.
Performance
DAGVX vs. DSPIX - Performance Comparison
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DAGVX vs. DSPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DAGVX BNY Mellon Dynamic Value Fund | 0.06% | 18.20% | 14.16% | 12.54% | 1.43% | 30.90% | 3.66% | 26.74% | -10.76% | 14.78% |
DSPIX BNY Mellon Institutional S&P 500 Stock Index Fund | -7.09% | 17.81% | 24.40% | 26.36% | -18.51% | 28.64% | 14.18% | 31.31% | -4.36% | 21.59% |
Returns By Period
In the year-to-date period, DAGVX achieves a 0.06% return, which is significantly higher than DSPIX's -7.09% return. Over the past 10 years, DAGVX has underperformed DSPIX with an annualized return of 12.48%, while DSPIX has yielded a comparatively higher 13.17% annualized return.
DAGVX
- 1D
- -0.31%
- 1M
- -6.18%
- YTD
- 0.06%
- 6M
- 4.90%
- 1Y
- 15.24%
- 3Y*
- 14.80%
- 5Y*
- 12.22%
- 10Y*
- 12.48%
DSPIX
- 1D
- -0.38%
- 1M
- -7.69%
- YTD
- -7.09%
- 6M
- -4.53%
- 1Y
- 14.39%
- 3Y*
- 17.00%
- 5Y*
- 11.19%
- 10Y*
- 13.17%
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DAGVX vs. DSPIX - Expense Ratio Comparison
DAGVX has a 0.93% expense ratio, which is higher than DSPIX's 0.20% expense ratio.
Return for Risk
DAGVX vs. DSPIX — Risk / Return Rank
DAGVX
DSPIX
DAGVX vs. DSPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Dynamic Value Fund (DAGVX) and BNY Mellon Institutional S&P 500 Stock Index Fund (DSPIX). 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.
| DAGVX | DSPIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 0.83 | +0.14 |
Sortino ratioReturn per unit of downside risk | 1.41 | 1.29 | +0.12 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.20 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.19 | 1.05 | +0.14 |
Martin ratioReturn relative to average drawdown | 5.28 | 5.11 | +0.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DAGVX | DSPIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 0.83 | +0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.67 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.73 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.55 | +0.01 |
Correlation
The correlation between DAGVX and DSPIX is 0.90, 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
DAGVX vs. DSPIX - Dividend Comparison
DAGVX's dividend yield for the trailing twelve months is around 6.68%, less than DSPIX's 36.45% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DAGVX BNY Mellon Dynamic Value Fund | 6.68% | 6.69% | 6.85% | 5.09% | 7.96% | 21.64% | 2.64% | 3.29% | 17.81% | 10.71% | 2.72% | 15.78% |
DSPIX BNY Mellon Institutional S&P 500 Stock Index Fund | 36.45% | 33.86% | 27.60% | 27.46% | 18.33% | 12.91% | 1.15% | 5.01% | 6.33% | 2.53% | 2.91% | 2.63% |
Drawdowns
DAGVX vs. DSPIX - Drawdown Comparison
The maximum DAGVX drawdown since its inception was -55.04%, roughly equal to the maximum DSPIX drawdown of -55.32%. Use the drawdown chart below to compare losses from any high point for DAGVX and DSPIX.
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Drawdown Indicators
| DAGVX | DSPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.04% | -55.32% | +0.28% |
Max Drawdown (1Y)Largest decline over 1 year | -12.23% | -12.15% | -0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -16.96% | -24.62% | +7.66% |
Max Drawdown (10Y)Largest decline over 10 years | -42.62% | -33.79% | -8.83% |
Current DrawdownCurrent decline from peak | -6.69% | -8.92% | +2.23% |
Average DrawdownAverage peak-to-trough decline | -7.69% | -9.32% | +1.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.75% | 2.50% | +0.25% |
Volatility
DAGVX vs. DSPIX - Volatility Comparison
The current volatility for BNY Mellon Dynamic Value Fund (DAGVX) is 4.02%, while BNY Mellon Institutional S&P 500 Stock Index Fund (DSPIX) has a volatility of 4.24%. This indicates that DAGVX experiences smaller price fluctuations and is considered to be less risky than DSPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DAGVX | DSPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.02% | 4.24% | -0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 8.88% | 9.11% | -0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.79% | 18.18% | -1.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.56% | 16.89% | -1.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.81% | 17.99% | +0.82% |