DREVX vs. DNLDX

Last updated Jun 5, 2026

DREVX (BNY Mellon Large Cap Securities Fund) and DNLDX (BNY Mellon Active MidCap Fund) are both mutual funds - DREVX is a Large Cap Growth Equities fund managed by BNY Mellon, while DNLDX is a Mid Cap Blend Equities fund managed by BNY Mellon. Over the past 10 years, DREVX returned 15.79%/yr vs 10.00%/yr for DNLDX. Their correlation of 0.84 suggests significant overlap in exposure. DREVX charges 0.70%/yr vs 1.00%/yr for DNLDX.

Performance

DREVX vs. DNLDX - Performance Comparison

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

Returns By Period

In the year-to-date period, DREVX achieves a 6.74% return, which is significantly lower than DNLDX's 11.62% return. Over the past 10 years, DREVX has outperformed DNLDX with an annualized return of 15.79%, while DNLDX has yielded a comparatively lower 10.00% annualized return.

DREVX

• 1D: -0.82%
• 1M: 2.89%
• YTD: 6.74%
• 6M: 7.34%
• 1Y: 22.31%
• 3Y*: 21.80%
• 5Y*: 14.48%
• 10Y*: 15.79%

DNLDX

• 1D: -0.09%
• 1M: 2.52%
• YTD: 11.62%
• 6M: 11.64%
• 1Y: 21.35%
• 3Y*: 18.84%
• 5Y*: 10.34%
• 10Y*: 10.00%

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

DREVX vs. DNLDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DREVX BNY Mellon Large Cap Securities Fund	6.74%	16.70%	27.17%	31.07%	-17.94%	27.17%	26.52%	27.09%	-1.29%	20.12%
DNLDX BNY Mellon Active MidCap Fund	11.62%	9.79%	22.27%	16.99%	-14.34%	26.49%	9.29%	16.82%	-14.46%	16.64%

Correlation

The correlation between DREVX and DNLDX is 0.74, 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	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jan 30, 1985	0.84

The correlation between DREVX and DNLDX shifts across timeframes, from 0.74 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DREVX vs. DNLDX — Risk / Return Rank

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

DREVX

DREVX Risk / Return Rank: 33
DREVX Sharpe Ratio Rank: 34
DREVX Sortino Ratio Rank: 32
DREVX Omega Ratio Rank: 32
DREVX Calmar Ratio Rank: 28
DREVX Martin Ratio Rank: 38

DNLDX

DNLDX Risk / Return Rank: 41
DNLDX Sharpe Ratio Rank: 32
DNLDX Sortino Ratio Rank: 32
DNLDX Omega Ratio Rank: 29
DNLDX Calmar Ratio Rank: 57
DNLDX Martin Ratio Rank: 54

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.

DREVX vs. DNLDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Large Cap Securities Fund (DREVX) and BNY Mellon Active MidCap Fund (DNLDX). 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.

	DREVX	DNLDX	Difference
Sharpe ratio: Return per unit of total volatility	1.68	1.60	+0.07
Sortino ratio: Return per unit of downside risk	2.34	2.34	0.00
Omega ratio: Gain probability vs. loss probability	1.30	1.28	+0.02
Calmar ratio: Return relative to maximum drawdown	1.96	2.88	-0.91
Martin ratio: Return relative to average drawdown	8.27	10.82	-2.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DREVX vs. DNLDX - Sharpe Ratio Comparison

The current DREVX Sharpe Ratio is 1.68, which is comparable to the DNLDX Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of DREVX and DNLDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DREVX	DNLDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.68	1.60	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.56	+0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.84	0.51	+0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.55	-0.17

Drawdowns

DREVX vs. DNLDX - Drawdown Comparison

The maximum DREVX drawdown since its inception was -54.68%, smaller than the maximum DNLDX drawdown of -63.69%. Use the drawdown chart below to compare losses from any high point for DREVX and DNLDX.

Drawdown Indicators

	DREVX	DNLDX	Difference
Max Drawdown Largest peak-to-trough decline	-54.68%	-63.69%	+9.01%
Max Drawdown (1Y) Largest decline over 1 year	-11.41%	-7.29%	-4.12%
Max Drawdown (3Y) Largest decline over 3 years	-22.52%	-20.42%	-2.10%
Max Drawdown (5Y) Largest decline over 5 years	-24.69%	-23.42%	-1.27%
Max Drawdown (10Y) Largest decline over 10 years	-32.25%	-42.23%	+9.98%
Current Drawdown Current decline from peak	-0.82%	-0.09%	-0.73%
Average Drawdown Average peak-to-trough decline	-13.01%	-9.63%	-3.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.70%	1.94%	+0.76%

Volatility

DREVX vs. DNLDX - Volatility Comparison

BNY Mellon Large Cap Securities Fund (DREVX) and BNY Mellon Active MidCap Fund (DNLDX) have volatilities of 3.23% and 3.34%, 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

	DREVX	DNLDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.23%	3.34%	-0.11%
Volatility (6M) Calculated over the trailing 6-month period	10.11%	9.53%	+0.58%
Volatility (1Y) Calculated over the trailing 1-year period	13.36%	13.10%	+0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.68%	18.48%	+0.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.94%	19.51%	-0.57%

DREVX vs. DNLDX - Expense Ratio Comparison

DREVX has a 0.70% expense ratio, which is lower than DNLDX's 1.00% expense ratio.

Dividends

DREVX vs. DNLDX - Dividend Comparison

DREVX's dividend yield for the trailing twelve months is around 9.91%, less than DNLDX's 13.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DNLDX BNY Mellon Active MidCap Fund	13.46%	14.15%	15.24%	1.69%	8.82%	17.74%	2.77%	2.65%	11.14%	11.32%	1.00%	3.12%
DREVX BNY Mellon Large Cap Securities Fund	9.91%	12.89%	8.77%	5.12%	4.82%	11.43%	6.28%	6.74%	9.01%	9.11%	8.71%	11.24%

Frequently Asked Questions

Can I hold both DREVX and DNLDX in my portfolio?

DREVX and DNLDX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DREVX or DNLDX?

DNLDX has higher volatility (3.34%) compared to DREVX (3.23%). In terms of maximum drawdown, DREVX dropped -54.68% vs DNLDX's -63.69%.

Which has better risk-adjusted returns?

DREVX currently has the higher Sharpe Ratio (1.68 vs 1.60), 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.