DNLDX vs. DSCVX

Last updated Jun 4, 2026

DNLDX (BNY Mellon Active MidCap Fund) and DSCVX (BNY Mellon Opportunistic Small Cap Fund) are both mutual funds - DNLDX is a Mid Cap Blend Equities fund managed by BNY Mellon, while DSCVX is a Small Cap Blend Equities fund managed by BNY Mellon. Their correlation of 0.86 suggests significant overlap in exposure. DNLDX charges 1.00%/yr vs 1.11%/yr for DSCVX.

Performance

DNLDX vs. DSCVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Active MidCap Fund (DNLDX) and BNY Mellon Opportunistic Small Cap Fund (DSCVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DNLDX

• 1D: 0.43%
• 1M: 3.72%
• YTD: 11.73%
• 6M: 12.09%
• 1Y: 21.00%
• 3Y*: 18.88%
• 5Y*: 10.49%
• 10Y*: 10.01%

DSCVX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DNLDX vs. DSCVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DNLDX BNY Mellon Active MidCap Fund	11.73%	9.79%	22.27%	16.99%	-14.34%	26.49%	9.29%	16.82%	-14.46%	16.64%
DSCVX BNY Mellon Opportunistic Small Cap Fund	10.17%	10.21%	3.68%	9.01%	-17.55%	15.93%	18.98%	21.12%	-19.99%	24.42%

Correlation

The correlation between DNLDX and DSCVX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Dec 30, 1993	0.86

The correlation between DNLDX and DSCVX shifts across timeframes, from 0.72 (1 year) to 0.88 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

DNLDX vs. DSCVX — Risk / Return Rank

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

DNLDX

DNLDX Risk / Return Rank: 44
DNLDX Sharpe Ratio Rank: 35
DNLDX Sortino Ratio Rank: 35
DNLDX Omega Ratio Rank: 31
DNLDX Calmar Ratio Rank: 63
DNLDX Martin Ratio Rank: 57

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.

DNLDX vs. DSCVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Active MidCap Fund (DNLDX) and BNY Mellon Opportunistic Small Cap Fund (DSCVX). 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.

	DNLDX	DSCVX	Difference
Sharpe ratio: Return per unit of total volatility	1.70	—	—
Sortino ratio: Return per unit of downside risk	2.46	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	3.05	—	—
Martin ratio: Return relative to average drawdown	11.45	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DNLDX	DSCVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.70	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	—	—

Drawdowns

Drawdown Indicators

	DNLDX	DSCVX	Difference
Max Drawdown Largest peak-to-trough decline	-63.69%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.29%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.42%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.23%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-9.63%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	—	—

Volatility

Volatility by Period

	DNLDX	DSCVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.36%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.55%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.10%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.48%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.51%	—	—

DNLDX vs. DSCVX - Expense Ratio Comparison

DNLDX has a 1.00% expense ratio, which is lower than DSCVX's 1.11% expense ratio.

Dividends

DNLDX vs. DSCVX - Dividend Comparison

DNLDX's dividend yield for the trailing twelve months is around 13.45%, more than DSCVX's 4.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DNLDX BNY Mellon Active MidCap Fund	13.45%	14.15%	15.24%	1.69%	8.82%	17.74%	2.77%	2.65%	11.14%	11.32%	1.00%	3.12%
DSCVX BNY Mellon Opportunistic Small Cap Fund	4.19%	1.48%	0.50%	1.36%	4.05%	9.75%	0.20%	0.16%	29.45%	12.41%	0.41%	4.10%

Frequently Asked Questions

Can I hold both DNLDX and DSCVX in my portfolio?

DNLDX and DSCVX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.