DRMCX vs. ALOIX

Last updated Jun 4, 2026

DRMCX (Virtus Mid-Cap Growth Fund) and ALOIX (Virtus International Small-Cap Fund) are both mutual funds - DRMCX is a Mid Cap Growth Equities fund managed by Allianz, while ALOIX is a Foreign Small & Mid Cap Equities fund managed by Allianz. Over the past 10 years, DRMCX returned 14.99%/yr vs 7.84%/yr for ALOIX. A 0.55 correlation means they provide meaningful diversification when combined. DRMCX charges 0.83%/yr vs 1.04%/yr for ALOIX.

Performance

DRMCX vs. ALOIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Mid-Cap Growth Fund (DRMCX) and Virtus International Small-Cap Fund (ALOIX). 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 DRMCX having a 15.08% return and ALOIX slightly higher at 15.15%. Over the past 10 years, DRMCX has outperformed ALOIX with an annualized return of 14.99%, while ALOIX has yielded a comparatively lower 7.84% annualized return.

DRMCX

• 1D: 0.59%
• 1M: 8.02%
• YTD: 15.08%
• 6M: 12.70%
• 1Y: 23.31%
• 3Y*: 23.04%
• 5Y*: 8.50%
• 10Y*: 14.99%

ALOIX

• 1D: -0.04%
• 1M: 2.16%
• YTD: 15.15%
• 6M: 18.70%
• 1Y: 36.38%
• 3Y*: 21.31%
• 5Y*: 6.72%
• 10Y*: 7.84%

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

DRMCX vs. ALOIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DRMCX Virtus Mid-Cap Growth Fund	15.08%	18.09%	20.49%	24.81%	-32.59%	14.91%	55.27%	41.73%	-11.16%	25.08%
ALOIX Virtus International Small-Cap Fund	15.15%	36.22%	2.65%	19.43%	-26.96%	6.02%	15.92%	24.57%	-22.78%	37.59%

Correlation

The correlation between DRMCX and ALOIX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (10Y) Calculated over the trailing 10-year period	0.64
Correlation (All Time) Calculated using the full available price history since Jan 5, 1998	0.55

The correlation between DRMCX and ALOIX shifts across timeframes, from 0.48 (1 year) to 0.64 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

DRMCX vs. ALOIX — Risk / Return Rank

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

DRMCX

DRMCX Risk / Return Rank: 22
DRMCX Sharpe Ratio Rank: 21
DRMCX Sortino Ratio Rank: 21
DRMCX Omega Ratio Rank: 19
DRMCX Calmar Ratio Rank: 24
DRMCX Martin Ratio Rank: 27

ALOIX

ALOIX Risk / Return Rank: 79
ALOIX Sharpe Ratio Rank: 87
ALOIX Sortino Ratio Rank: 81
ALOIX Omega Ratio Rank: 80
ALOIX Calmar Ratio Rank: 79
ALOIX Martin Ratio Rank: 69

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.

DRMCX vs. ALOIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Mid-Cap Growth Fund (DRMCX) and Virtus International Small-Cap Fund (ALOIX). 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.

	DRMCX	ALOIX	Difference
Sharpe ratio: Return per unit of total volatility	1.31	2.85	-1.54
Sortino ratio: Return per unit of downside risk	1.91	3.83	-1.92
Omega ratio: Gain probability vs. loss probability	1.23	1.52	-0.30
Calmar ratio: Return relative to maximum drawdown	1.81	3.56	-1.75
Martin ratio: Return relative to average drawdown	6.39	13.40	-7.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DRMCX vs. ALOIX - Sharpe Ratio Comparison

The current DRMCX Sharpe Ratio is 1.31, which is lower than the ALOIX Sharpe Ratio of 2.85. The chart below compares the historical Sharpe Ratios of DRMCX and ALOIX, 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

	DRMCX	ALOIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	2.85	-1.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.45	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.47	+0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.31	+0.02

Drawdowns

DRMCX vs. ALOIX - Drawdown Comparison

The maximum DRMCX drawdown since its inception was -67.97%, smaller than the maximum ALOIX drawdown of -79.29%. Use the drawdown chart below to compare losses from any high point for DRMCX and ALOIX.

Drawdown Indicators

	DRMCX	ALOIX	Difference
Max Drawdown Largest peak-to-trough decline	-67.97%	-79.29%	+11.32%
Max Drawdown (1Y) Largest decline over 1 year	-13.75%	-10.07%	-3.68%
Max Drawdown (3Y) Largest decline over 3 years	-26.83%	-14.03%	-12.80%
Max Drawdown (5Y) Largest decline over 5 years	-43.47%	-39.41%	-4.06%
Max Drawdown (10Y) Largest decline over 10 years	-43.47%	-42.79%	-0.68%
Current Drawdown Current decline from peak	0.00%	-0.49%	+0.49%
Average Drawdown Average peak-to-trough decline	-22.10%	-34.87%	+12.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.90%	2.67%	+1.23%

Volatility

DRMCX vs. ALOIX - Volatility Comparison

Virtus Mid-Cap Growth Fund (DRMCX) has a higher volatility of 5.07% compared to Virtus International Small-Cap Fund (ALOIX) at 3.96%. This indicates that DRMCX's price experiences larger fluctuations and is considered to be riskier than ALOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DRMCX	ALOIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.07%	3.96%	+1.11%
Volatility (6M) Calculated over the trailing 6-month period	14.97%	10.25%	+4.72%
Volatility (1Y) Calculated over the trailing 1-year period	18.99%	12.59%	+6.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.04%	14.96%	+9.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.60%	16.65%	+6.95%

DRMCX vs. ALOIX - Expense Ratio Comparison

DRMCX has a 0.83% expense ratio, which is lower than ALOIX's 1.04% expense ratio.

Dividends

DRMCX vs. ALOIX - Dividend Comparison

DRMCX's dividend yield for the trailing twelve months is around 14.37%, more than ALOIX's 3.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALOIX Virtus International Small-Cap Fund	3.94%	4.54%	3.50%	4.93%	1.25%	19.08%	1.38%	1.62%	18.17%	1.52%	1.04%	0.54%
DRMCX Virtus Mid-Cap Growth Fund	14.37%	16.53%	0.00%	0.00%	0.00%	27.44%	9.02%	4.12%	14.34%	8.78%	7.35%	5.65%

Frequently Asked Questions

Can I hold both DRMCX and ALOIX in my portfolio?

DRMCX and ALOIX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DRMCX or ALOIX?

DRMCX has higher volatility (5.07%) compared to ALOIX (3.96%). In terms of maximum drawdown, DRMCX dropped -67.97% vs ALOIX's -79.29%.

Which has better risk-adjusted returns?

ALOIX currently has the higher Sharpe Ratio (2.85 vs 1.31), 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.