DISSX vs. ^SP600

Last updated Apr 2, 2026

Compare and contrast key facts about BNY Mellon Smallcap Stock Index Fund (DISSX) and S&P 600 (^SP600).

DISSX is managed by BNY Mellon. It was launched on Jun 30, 1997.

Performance

DISSX vs. ^SP600 - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Smallcap Stock Index Fund (DISSX) and S&P 600 (^SP600). The values are adjusted to include any dividend payments, if applicable.

DISSX vs. ^SP600 - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DISSX BNY Mellon Smallcap Stock Index Fund	3.43%	5.41%	6.87%	14.24%	-16.71%	26.41%	10.92%	22.28%	-8.30%	12.40%
^SP600 S&P 600	3.65%	4.23%	6.82%	13.89%	-17.42%	25.27%	9.57%	20.86%	-9.75%	11.73%

Returns By Period

In the year-to-date period, DISSX achieves a 3.43% return, which is significantly lower than ^SP600's 3.65% return. Over the past 10 years, DISSX has outperformed ^SP600 with an annualized return of 9.14%, while ^SP600 has yielded a comparatively lower 8.26% annualized return.

DISSX

• 1D: 2.83%
• 1M: -4.74%
• YTD: 3.43%
• 6M: 4.70%
• 1Y: 19.56%
• 3Y*: 9.12%
• 5Y*: 3.15%
• 10Y*: 9.14%

^SP600

• 1D: 0.53%
• 1M: -4.39%
• YTD: 3.65%
• 6M: 4.71%
• 1Y: 18.85%
• 3Y*: 8.77%
• 5Y*: 2.57%
• 10Y*: 8.26%

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

Return for Risk

DISSX vs. ^SP600 — Risk / Return Rank

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

DISSX

DISSX Risk / Return Rank: 44
DISSX Sharpe Ratio Rank: 38
DISSX Sortino Ratio Rank: 42
DISSX Omega Ratio Rank: 35
DISSX Calmar Ratio Rank: 52
DISSX Martin Ratio Rank: 53

^SP600

^SP600 Risk / Return Rank: 54
^SP600 Sharpe Ratio Rank: 53
^SP600 Sortino Ratio Rank: 54
^SP600 Omega Ratio Rank: 51
^SP600 Calmar Ratio Rank: 51
^SP600 Martin Ratio Rank: 59

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.

DISSX vs. ^SP600 - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Smallcap Stock Index Fund (DISSX) and S&P 600 (^SP600). 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.

	DISSX	^SP600	Difference
Sharpe ratio Return per unit of total volatility	0.87	0.83	+0.04
Sortino ratio Return per unit of downside risk	1.37	1.31	+0.05
Omega ratio Gain probability vs. loss probability	1.18	1.17	+0.01
Calmar ratio Return relative to maximum drawdown	1.37	1.28	+0.08
Martin ratio Return relative to average drawdown	5.52	5.11	+0.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DISSX vs. ^SP600 - Sharpe Ratio Comparison

The current DISSX Sharpe Ratio is 0.87, which is comparable to the ^SP600 Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of DISSX and ^SP600, 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

	DISSX	^SP600	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.87	0.83	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	0.12	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	0.36	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.44	-0.05

Correlation

The correlation between DISSX and ^SP600 is 1.00, 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.

Drawdowns

DISSX vs. ^SP600 - Drawdown Comparison

The maximum DISSX drawdown since its inception was -58.30%, roughly equal to the maximum ^SP600 drawdown of -59.17%. Use the drawdown chart below to compare losses from any high point for DISSX and ^SP600.

Drawdown Indicators

	DISSX	^SP600	Difference
Max Drawdown Largest peak-to-trough decline	-58.30%	-59.17%	+0.87%
Max Drawdown (1Y) Largest decline over 1 year	-14.96%	-14.89%	-0.07%
Max Drawdown (5Y) Largest decline over 5 years	-29.02%	-28.39%	-0.63%
Max Drawdown (10Y) Largest decline over 10 years	-44.45%	-45.77%	+1.32%
Current Drawdown Current decline from peak	-5.80%	-5.55%	-0.25%
Average Drawdown Average peak-to-trough decline	-9.62%	-9.31%	-0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.70%	3.74%	-0.04%

Volatility

DISSX vs. ^SP600 - Volatility Comparison

BNY Mellon Smallcap Stock Index Fund (DISSX) and S&P 600 (^SP600) have volatilities of 6.31% and 6.26%, 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

	DISSX	^SP600	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.31%	6.26%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	13.08%	13.06%	+0.02%
Volatility (1Y) Calculated over the trailing 1-year period	22.80%	22.74%	+0.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.60%	21.56%	+0.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.16%	23.19%	-0.03%