DRIPX vs. DQIRX

Last updated Jul 14, 2026

DRIPX (The MP 63 Fund) and DQIRX (BNY Mellon Equity Income Fund) are both Large Cap Value Equities funds. Over the past 10 years, DRIPX returned 9.74%/yr vs 14.08%/yr for DQIRX. Their correlation of 0.91 suggests significant overlap in exposure. DRIPX charges 0.63%/yr vs 0.78%/yr for DQIRX.

Performance

DRIPX vs. DQIRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The MP 63 Fund (DRIPX) and BNY Mellon Equity Income Fund (DQIRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with DRIPX having a 14.23% return and DQIRX slightly higher at 14.56%. Over the past 10 years, DRIPX has underperformed DQIRX with an annualized return of 9.74%, while DQIRX has yielded a comparatively higher 14.08% annualized return.

DRIPX

• 1D: 0.54%
• 1M: 2.31%
• 6M: 11.77%
• YTD: 14.23%
• 1Y: 22.47%
• 3Y*: 12.31%
• 5Y*: 7.17%
• 10Y*: 9.74%

DQIRX

• 1D: 0.57%
• 1M: 1.38%
• 6M: 12.69%
• YTD: 14.56%
• 1Y: 27.12%
• 3Y*: 23.29%
• 5Y*: 15.34%
• 10Y*: 14.08%

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

DRIPX vs. DQIRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DRIPX The MP 63 Fund	14.23%	13.89%	4.75%	5.93%	-8.37%	20.46%	8.13%	28.65%	-5.55%	18.19%
DQIRX BNY Mellon Equity Income Fund	14.56%	19.01%	26.93%	19.21%	-9.35%	29.13%	4.81%	24.98%	-3.60%	17.40%

Correlation

The correlation between DRIPX and DQIRX is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.86
Correlation (All Time) Calculated using the full available price history since Jul 5, 2006	0.91

Over the past year, the correlation between DRIPX and DQIRX has dropped to 0.71 - well below their long-term average of 0.91, suggesting their price drivers have been diverging.

Return for Risk

DRIPX vs. DQIRX — Risk / Return Rank

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

DRIPX

DRIPX Risk / Return Rank: 78
DRIPX Sharpe Ratio Rank: 78
DRIPX Sortino Ratio Rank: 80
DRIPX Omega Ratio Rank: 74
DRIPX Calmar Ratio Rank: 78
DRIPX Martin Ratio Rank: 79

DQIRX

DQIRX Risk / Return Rank: 88
DQIRX Sharpe Ratio Rank: 88
DQIRX Sortino Ratio Rank: 83
DQIRX Omega Ratio Rank: 84
DQIRX Calmar Ratio Rank: 92
DQIRX Martin Ratio Rank: 93

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.

DRIPX vs. DQIRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The MP 63 Fund (DRIPX) and BNY Mellon Equity Income Fund (DQIRX). 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.

	DRIPX	DQIRX	Difference
Sharpe ratio: Return per unit of total volatility	2.02	2.35	-0.32
Sortino ratio: Return per unit of downside risk	2.99	3.15	-0.16
Omega ratio: Gain probability vs. loss probability	1.36	1.44	-0.07
Calmar ratio: Return relative to maximum drawdown	2.84	3.93	-1.09
Martin ratio: Return relative to average drawdown	11.17	15.11	-3.94

DRIPX vs. DQIRX - Sharpe Ratio Comparison

The current DRIPX Sharpe Ratio is 2.02, which is comparable to the DQIRX Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of DRIPX and DQIRX, 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

DRIPX vs. DQIRX - Drawdown Comparison

The maximum DRIPX drawdown since its inception was -53.54%, which is greater than DQIRX's maximum drawdown of -50.77%. Use the drawdown chart below to compare losses from any high point for DRIPX and DQIRX.

Drawdown Indicators

	DRIPX	DQIRX	Difference
Max Drawdown Largest peak-to-trough decline	-53.54%	-50.77%	-2.77%
Max Drawdown (1Y) Largest decline over 1 year	-7.70%	-6.79%	-0.91%
Max Drawdown (3Y) Largest decline over 3 years	-19.58%	-18.48%	-1.10%
Max Drawdown (5Y) Largest decline over 5 years	-19.97%	-20.34%	+0.37%
Max Drawdown (10Y) Largest decline over 10 years	-35.20%	-36.82%	+1.62%
Current Drawdown Current decline from peak	-0.69%	-0.97%	+0.28%
Average Drawdown Average peak-to-trough decline	-6.56%	-6.91%	+0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.96%	1.76%	+0.20%

Volatility

DRIPX vs. DQIRX - Volatility Comparison

The MP 63 Fund (DRIPX) and BNY Mellon Equity Income Fund (DQIRX) have volatilities of 3.45% and 3.44%, 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

	DRIPX	DQIRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.45%	3.44%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	8.58%	8.61%	-0.03%
Volatility (1Y) Calculated over the trailing 1-year period	10.84%	11.39%	-0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.20%	15.87%	-1.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.41%	17.38%	-0.97%

DRIPX vs. DQIRX - Expense Ratio Comparison

DRIPX has a 0.63% expense ratio, which is lower than DQIRX's 0.78% expense ratio.

Dividends

DRIPX vs. DQIRX - Dividend Comparison

DRIPX's dividend yield for the trailing twelve months is around 6.16%, more than DQIRX's 2.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DQIRX BNY Mellon Equity Income Fund	2.86%	3.12%	7.05%	4.56%	6.54%	2.61%	3.42%	2.50%	5.29%	8.45%	4.04%	8.22%
DRIPX The MP 63 Fund	6.16%	7.04%	0.00%	3.13%	4.27%	3.55%	3.48%	3.46%	6.25%	1.68%	4.27%	6.80%

Frequently Asked Questions

Can I hold both DRIPX and DQIRX in my portfolio?

DRIPX and DQIRX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DRIPX or DQIRX?

DRIPX has higher volatility (3.45%) compared to DQIRX (3.44%). In terms of maximum drawdown, DRIPX dropped -53.54% vs DQIRX's -50.77%.

Which has better risk-adjusted returns?

DQIRX currently has the higher Sharpe Ratio (2.35 vs 2.02), 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.