DSCPX vs. VSTCX

Last updated Jun 25, 2026

DSCPX (Davenport Small Cap Focus Fund) and VSTCX (Vanguard Strategic Small-Cap Equity Fund) are both Small Cap Blend Equities funds. Over the past 10 years, DSCPX returned 10.19%/yr vs 13.37%/yr for VSTCX. Their correlation of 0.90 suggests significant overlap in exposure. DSCPX charges 0.89%/yr vs 0.26%/yr for VSTCX.

Performance

DSCPX vs. VSTCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Davenport Small Cap Focus Fund (DSCPX) and Vanguard Strategic Small-Cap Equity Fund (VSTCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DSCPX achieves a 7.59% return, which is significantly lower than VSTCX's 20.89% return. Over the past 10 years, DSCPX has underperformed VSTCX with an annualized return of 10.19%, while VSTCX has yielded a comparatively higher 13.37% annualized return.

DSCPX

• 1D: -0.88%
• 1M: 1.11%
• YTD: 7.59%
• 6M: 6.40%
• 1Y: 5.67%
• 3Y*: 4.36%
• 5Y*: 2.86%
• 10Y*: 10.19%

VSTCX

• 1D: -0.49%
• 1M: 4.66%
• YTD: 20.89%
• 6M: 18.35%
• 1Y: 41.63%
• 3Y*: 23.06%
• 5Y*: 12.18%
• 10Y*: 13.37%

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

DSCPX vs. VSTCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DSCPX Davenport Small Cap Focus Fund	7.59%	-7.26%	1.25%	22.31%	-15.48%	20.26%	25.81%	40.88%	-15.51%	19.88%
VSTCX Vanguard Strategic Small-Cap Equity Fund	20.89%	15.20%	15.40%	21.34%	-13.00%	33.53%	8.38%	22.18%	-11.87%	9.21%

Correlation

The correlation between DSCPX and VSTCX is 0.79, 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	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015	0.90

The correlation between DSCPX and VSTCX shifts across timeframes, from 0.79 (1 year) to 0.90 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

DSCPX vs. VSTCX — Risk / Return Rank

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

DSCPX

DSCPX Risk / Return Rank: 6
DSCPX Sharpe Ratio Rank: 6
DSCPX Sortino Ratio Rank: 7
DSCPX Omega Ratio Rank: 6
DSCPX Calmar Ratio Rank: 7
DSCPX Martin Ratio Rank: 6

VSTCX

VSTCX Risk / Return Rank: 84
VSTCX Sharpe Ratio Rank: 82
VSTCX Sortino Ratio Rank: 79
VSTCX Omega Ratio Rank: 69
VSTCX Calmar Ratio Rank: 95
VSTCX Martin Ratio Rank: 94

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.

DSCPX vs. VSTCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Davenport Small Cap Focus Fund (DSCPX) and Vanguard Strategic Small-Cap Equity Fund (VSTCX). 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.

	DSCPX	VSTCX	Difference
Sharpe ratio: Return per unit of total volatility	0.41	2.47	-2.06
Sortino ratio: Return per unit of downside risk	0.73	3.42	-2.69
Omega ratio: Gain probability vs. loss probability	1.08	1.42	-0.34
Calmar ratio: Return relative to maximum drawdown	0.51	5.45	-4.93
Martin ratio: Return relative to average drawdown	1.25	19.21	-17.96

DSCPX vs. VSTCX - Sharpe Ratio Comparison

The current DSCPX Sharpe Ratio is 0.41, which is lower than the VSTCX Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of DSCPX and VSTCX, 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

DSCPX vs. VSTCX - Drawdown Comparison

The maximum DSCPX drawdown since its inception was -41.99%, smaller than the maximum VSTCX drawdown of -62.50%. Use the drawdown chart below to compare losses from any high point for DSCPX and VSTCX.

Drawdown Indicators

	DSCPX	VSTCX	Difference
Max Drawdown Largest peak-to-trough decline	-41.99%	-62.50%	+20.51%
Max Drawdown (1Y) Largest decline over 1 year	-13.70%	-8.08%	-5.62%
Max Drawdown (3Y) Largest decline over 3 years	-25.62%	-27.47%	+1.85%
Max Drawdown (5Y) Largest decline over 5 years	-25.62%	-27.47%	+1.85%
Max Drawdown (10Y) Largest decline over 10 years	-41.99%	-48.08%	+6.09%
Current Drawdown Current decline from peak	-7.69%	-0.49%	-7.20%
Average Drawdown Average peak-to-trough decline	-7.22%	-10.62%	+3.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.64%	2.29%	+3.35%

Volatility

DSCPX vs. VSTCX - Volatility Comparison

Davenport Small Cap Focus Fund (DSCPX) and Vanguard Strategic Small-Cap Equity Fund (VSTCX) have volatilities of 5.14% and 5.11%, 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

	DSCPX	VSTCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.14%	5.11%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	11.81%	12.51%	-0.70%
Volatility (1Y) Calculated over the trailing 1-year period	17.44%	17.86%	-0.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.77%	22.01%	-2.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.35%	23.46%	-3.11%

DSCPX vs. VSTCX - Expense Ratio Comparison

DSCPX has a 0.89% expense ratio, which is higher than VSTCX's 0.26% expense ratio.

Dividends

DSCPX vs. VSTCX - Dividend Comparison

DSCPX's dividend yield for the trailing twelve months is around 3.66%, less than VSTCX's 6.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DSCPX Davenport Small Cap Focus Fund	3.66%	0.46%	0.79%	4.60%	6.45%	14.92%	5.95%	2.07%	1.04%	2.66%	0.00%	0.00%
VSTCX Vanguard Strategic Small-Cap Equity Fund	6.24%	7.55%	9.66%	2.50%	7.44%	19.92%	1.24%	4.14%	11.74%	5.76%	1.35%	2.33%

Frequently Asked Questions

Can I hold both DSCPX and VSTCX in my portfolio?

DSCPX and VSTCX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DSCPX or VSTCX?

DSCPX has higher volatility (5.14%) compared to VSTCX (5.11%). In terms of maximum drawdown, DSCPX dropped -41.99% vs VSTCX's -62.50%.

Which has better risk-adjusted returns?

VSTCX currently has the higher Sharpe Ratio (2.47 vs 0.41), 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.