DFDMX vs. EEOFX

Last updated Aug 1, 2026

DFDMX (DF Dent Midcap Growth Fund) and EEOFX (Essex Environmental Opportunities Fund) are both Mid Cap Growth Equities funds. Over the past 5 years, DFDMX returned -1.64%/yr vs -1.26%/yr for EEOFX. Their 0.71 correlation means they have sometimes moved together and sometimes differently. DFDMX charges 0.85%/yr vs 2.11%/yr for EEOFX.

Performance

DFDMX vs. EEOFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DF Dent Midcap Growth Fund (DFDMX) and Essex Environmental Opportunities Fund (EEOFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFDMX achieves a -4.46% return, which is significantly lower than EEOFX's 9.60% return.

DFDMX

• 1D: -1.94%
• 1M: -0.03%
• 6M: -3.58%
• YTD: -4.46%
• 1Y: -10.31%
• 3Y*: 3.74%
• 5Y*: -1.64%
• 10Y*: 9.19%
• ALL TIME*: 10.08%

EEOFX

• 1D: 3.33%
• 1M: -9.00%
• 6M: 5.11%
• YTD: 9.60%
• 1Y: 18.15%
• 3Y*: 5.98%
• 5Y*: -1.26%
• 10Y*: —
• ALL TIME*: 7.57%

*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)
DFDMX DF Dent Midcap Growth Fund	$0.00	$0.00	$0.00
EEOFX Essex Environmental Opportunities Fund	$0.00	$0.00	$0.00

DFDMX vs. EEOFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFDMX DF Dent Midcap Growth Fund	-4.46%	0.49%	11.15%	22.91%	-30.52%	12.26%	30.43%	40.14%	-0.24%	9.14%
EEOFX Essex Environmental Opportunities Fund	9.60%	23.55%	1.32%	-1.53%	-27.88%	10.83%	62.80%	25.43%	-15.79%	3.20%

Correlation

The correlation between DFDMX and EEOFX is 0.31, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.31
Correlation (3Y) Balances recent behavior with more history.	0.57
Correlation (5Y) Shows whether the relationship held over a longer period.	0.69
Correlation (All Time) Calculated using the full available price history since Sep 1, 2017	0.71

Over the past year, the correlation between DFDMX and EEOFX has dropped to 0.31 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.

Return for Risk

DFDMX vs. EEOFX — Risk / Return Rank

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

DFDMX

DFDMX Risk / Return Rank: 1
DFDMX Sharpe Ratio Rank: 1
DFDMX Sortino Ratio Rank: 1
DFDMX Omega Ratio Rank: 1
DFDMX Calmar Ratio Rank: 1
DFDMX Martin Ratio Rank: 1

EEOFX

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

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.

DFDMX vs. EEOFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DF Dent Midcap Growth Fund (DFDMX) and Essex Environmental Opportunities Fund (EEOFX). 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.

	DFDMX	EEOFX	Difference
Sharpe ratio: Return per unit of total volatility	-0.64	0.69	-1.33
Sortino ratio: Return per unit of downside risk	-0.84	1.11	-1.95
Omega ratio: Gain probability vs. loss probability	0.91	1.13	-0.22
Calmar ratio: Return relative to maximum drawdown	-0.49	0.91	-1.40
Martin ratio: Return relative to average drawdown	-0.90	2.93	-3.83

DFDMX vs. EEOFX - Sharpe Ratio Comparison

The current DFDMX Sharpe Ratio is -0.64, which is lower than the EEOFX Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of DFDMX and EEOFX, 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

DFDMX vs. EEOFX - Drawdown Comparison

The maximum DFDMX drawdown since its inception was -40.46%, smaller than the maximum EEOFX drawdown of -50.17%. Use the drawdown chart below to compare losses from any high point for DFDMX and EEOFX.

Drawdown Indicators

	DFDMX	EEOFX	Difference
Max Drawdown Largest peak-to-trough decline	-40.46%	-50.17%	+9.71%
Max Drawdown (1Y) Largest decline over 1 year	-22.32%	-19.43%	-2.89%
Max Drawdown (3Y) Largest decline over 3 years	-22.32%	-27.36%	+5.04%
Max Drawdown (5Y) Largest decline over 5 years	-40.46%	-50.17%	+9.71%
Max Drawdown (10Y) Largest decline over 10 years	-40.46%	—	—
Current Drawdown Current decline from peak	-13.03%	-16.75%	+3.72%
Average Drawdown Average peak-to-trough decline	-8.14%	-19.48%	+11.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.09%	5.99%	+6.10%

Volatility

DFDMX vs. EEOFX - Volatility Comparison

The current volatility for DF Dent Midcap Growth Fund (DFDMX) is 6.24%, while Essex Environmental Opportunities Fund (EEOFX) has a volatility of 8.18%. This indicates that DFDMX experiences smaller price fluctuations and is considered to be less risky than EEOFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFDMX	EEOFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.24%	8.18%	-1.94%
Volatility (6M) Calculated over the trailing 6-month period	13.48%	20.53%	-7.05%
Volatility (1Y) Calculated over the trailing 1-year period	16.99%	25.48%	-8.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.02%	25.49%	-4.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.46%	24.97%	-4.51%

DFDMX vs. EEOFX - Expense Ratio Comparison

DFDMX has a 0.85% expense ratio, which is lower than EEOFX's 2.11% expense ratio.

Dividends

DFDMX vs. EEOFX - Dividend Comparison

DFDMX has not paid dividends to shareholders, while EEOFX's dividend yield for the trailing twelve months is around 0.06%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFDMX DF Dent Midcap Growth Fund	0.00%	0.00%	0.00%	0.00%	0.00%	2.79%	0.30%	0.87%	3.52%	0.30%	0.09%	3.21%
EEOFX Essex Environmental Opportunities Fund	0.06%	0.06%	0.00%	0.00%	0.01%	6.63%	1.62%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DFDMX and EEOFX in my portfolio?

DFDMX and EEOFX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFDMX or EEOFX?

EEOFX has higher volatility (8.18%) compared to DFDMX (6.24%). In terms of maximum drawdown, DFDMX dropped -40.46% vs EEOFX's -50.17%.

Which has better risk-adjusted returns?

EEOFX currently has the higher Sharpe Ratio (0.69 vs -0.64), 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.