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DRIOX vs. DSMDX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

DRIOX vs. DSMDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Driehaus International Small Cap Growth Fund (DRIOX) and Driehaus Small/Mid Cap Growth Fund (DSMDX). The values are adjusted to include any dividend payments, if applicable.

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DRIOX vs. DSMDX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
DRIOX
Driehaus International Small Cap Growth Fund
-5.42%28.93%3.15%11.96%-24.37%12.44%58.65%
DSMDX
Driehaus Small/Mid Cap Growth Fund
-4.16%9.83%26.45%20.71%-31.46%17.96%74.27%

Returns By Period

In the year-to-date period, DRIOX achieves a -5.42% return, which is significantly lower than DSMDX's -4.16% return.


DRIOX

1D
-0.73%
1M
-14.47%
YTD
-5.42%
6M
-4.72%
1Y
21.81%
3Y*
10.80%
5Y*
2.84%
10Y*
8.60%

DSMDX

1D
-3.04%
1M
-12.82%
YTD
-4.16%
6M
-2.44%
1Y
25.15%
3Y*
15.38%
5Y*
4.30%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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DRIOX vs. DSMDX - Expense Ratio Comparison

DRIOX has a 1.16% expense ratio, which is higher than DSMDX's 0.95% expense ratio.


Return for Risk

DRIOX vs. DSMDX — Risk / Return Rank

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

DRIOX
DRIOX Risk / Return Rank: 5959
Overall Rank
DRIOX Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
DRIOX Sortino Ratio Rank: 6464
Sortino Ratio Rank
DRIOX Omega Ratio Rank: 5757
Omega Ratio Rank
DRIOX Calmar Ratio Rank: 5454
Calmar Ratio Rank
DRIOX Martin Ratio Rank: 5151
Martin Ratio Rank

DSMDX
DSMDX Risk / Return Rank: 4545
Overall Rank
DSMDX Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
DSMDX Sortino Ratio Rank: 4141
Sortino Ratio Rank
DSMDX Omega Ratio Rank: 3636
Omega Ratio Rank
DSMDX Calmar Ratio Rank: 5757
Calmar Ratio Rank
DSMDX Martin Ratio Rank: 4949
Martin Ratio Rank
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.

DRIOX vs. DSMDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Driehaus International Small Cap Growth Fund (DRIOX) and Driehaus Small/Mid Cap Growth Fund (DSMDX). 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.


DRIOXDSMDXDifference

Sharpe ratio

Return per unit of total volatility

1.17

0.88

+0.29

Sortino ratio

Return per unit of downside risk

1.62

1.31

+0.31

Omega ratio

Gain probability vs. loss probability

1.22

1.18

+0.04

Calmar ratio

Return relative to maximum drawdown

1.29

1.37

-0.08

Martin ratio

Return relative to average drawdown

5.03

4.89

+0.15

DRIOX vs. DSMDX - Sharpe Ratio Comparison

The current DRIOX Sharpe Ratio is 1.17, which is higher than the DSMDX Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of DRIOX and DSMDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


DRIOXDSMDXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.17

0.88

+0.29

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.12

0.17

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.42

Sharpe Ratio (All Time)

Calculated using the full available price history

0.34

0.58

-0.24

Correlation

The correlation between DRIOX and DSMDX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

DRIOX vs. DSMDX - Dividend Comparison

DRIOX's dividend yield for the trailing twelve months is around 1.13%, more than DSMDX's 0.43% yield.


TTM20252024202320222021202020192018201720162015
DRIOX
Driehaus International Small Cap Growth Fund
1.13%1.06%0.51%1.16%5.94%27.01%8.26%0.77%16.19%15.63%0.00%2.72%
DSMDX
Driehaus Small/Mid Cap Growth Fund
0.43%0.41%0.33%0.00%3.72%7.93%1.37%0.00%0.00%0.00%0.00%0.00%

Drawdowns

DRIOX vs. DSMDX - Drawdown Comparison

The maximum DRIOX drawdown since its inception was -59.68%, which is greater than DSMDX's maximum drawdown of -41.90%. Use the drawdown chart below to compare losses from any high point for DRIOX and DSMDX.


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Drawdown Indicators


DRIOXDSMDXDifference

Max Drawdown

Largest peak-to-trough decline

-59.68%

-41.90%

-17.78%

Max Drawdown (1Y)

Largest decline over 1 year

-14.47%

-14.51%

+0.04%

Max Drawdown (5Y)

Largest decline over 5 years

-47.73%

-41.90%

-5.83%

Max Drawdown (10Y)

Largest decline over 10 years

-47.73%

Current Drawdown

Current decline from peak

-14.47%

-14.51%

+0.04%

Average Drawdown

Average peak-to-trough decline

-15.41%

-16.11%

+0.70%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.70%

4.11%

-0.41%

Volatility

DRIOX vs. DSMDX - Volatility Comparison

The current volatility for Driehaus International Small Cap Growth Fund (DRIOX) is 7.56%, while Driehaus Small/Mid Cap Growth Fund (DSMDX) has a volatility of 10.34%. This indicates that DRIOX experiences smaller price fluctuations and is considered to be less risky than DSMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DRIOXDSMDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.56%

10.34%

-2.78%

Volatility (6M)

Calculated over the trailing 6-month period

12.07%

19.44%

-7.37%

Volatility (1Y)

Calculated over the trailing 1-year period

17.57%

27.28%

-9.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.67%

25.53%

-1.86%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.76%

25.88%

-5.12%