DSEFX vs. TVRIX

Last updated Jun 4, 2026

DSEFX (Domini Impact Equity Fund) and TVRIX (Guggenheim Directional Allocation Fund) are both Large Cap Growth Equities funds. Over the past 10 years, DSEFX returned 13.19%/yr vs 10.27%/yr for TVRIX. Their correlation of 0.89 suggests significant overlap in exposure. Both charge a 1.09% expense ratio.

Performance

DSEFX vs. TVRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Domini Impact Equity Fund (DSEFX) and Guggenheim Directional Allocation Fund (TVRIX). 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 DSEFX having a 11.81% return and TVRIX slightly higher at 12.11%. Over the past 10 years, DSEFX has outperformed TVRIX with an annualized return of 13.19%, while TVRIX has yielded a comparatively lower 10.27% annualized return.

DSEFX

• 1D: 0.02%
• 1M: 6.66%
• YTD: 11.81%
• 6M: 11.75%
• 1Y: 25.38%
• 3Y*: 19.17%
• 5Y*: 10.78%
• 10Y*: 13.19%

TVRIX

• 1D: 0.45%
• 1M: 7.76%
• YTD: 12.11%
• 6M: 12.09%
• 1Y: 26.74%
• 3Y*: 14.67%
• 5Y*: 7.68%
• 10Y*: 10.27%

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

DSEFX vs. TVRIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DSEFX Domini Impact Equity Fund	11.81%	11.51%	21.68%	28.43%	-25.70%	21.44%	30.06%	31.66%	-9.25%	15.44%
TVRIX Guggenheim Directional Allocation Fund	12.11%	13.83%	7.87%	11.00%	-17.53%	27.30%	5.08%	30.45%	-7.53%	23.45%

Correlation

The correlation between DSEFX and TVRIX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jun 19, 2012	0.89

The correlation between DSEFX and TVRIX shifts across timeframes, from 0.82 (5 years) to 0.95 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

DSEFX vs. TVRIX — Risk / Return Rank

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

DSEFX

DSEFX Risk / Return Rank: 49
DSEFX Sharpe Ratio Rank: 52
DSEFX Sortino Ratio Rank: 48
DSEFX Omega Ratio Rank: 47
DSEFX Calmar Ratio Rank: 43
DSEFX Martin Ratio Rank: 55

TVRIX

TVRIX Risk / Return Rank: 77
TVRIX Sharpe Ratio Rank: 84
TVRIX Sortino Ratio Rank: 79
TVRIX Omega Ratio Rank: 75
TVRIX Calmar Ratio Rank: 69
TVRIX Martin Ratio Rank: 79

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.

DSEFX vs. TVRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Domini Impact Equity Fund (DSEFX) and Guggenheim Directional Allocation Fund (TVRIX). 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.

	DSEFX	TVRIX	Difference
Sharpe ratio: Return per unit of total volatility	2.12	2.71	-0.59
Sortino ratio: Return per unit of downside risk	2.92	3.75	-0.83
Omega ratio: Gain probability vs. loss probability	1.37	1.49	-0.12
Calmar ratio: Return relative to maximum drawdown	2.48	3.23	-0.75
Martin ratio: Return relative to average drawdown	11.07	14.83	-3.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DSEFX vs. TVRIX - Sharpe Ratio Comparison

The current DSEFX Sharpe Ratio is 2.12, which is comparable to the TVRIX Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of DSEFX and TVRIX, 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

	DSEFX	TVRIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	2.71	-0.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.53	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	0.58	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.62	-0.12

Drawdowns

DSEFX vs. TVRIX - Drawdown Comparison

The maximum DSEFX drawdown since its inception was -57.66%, which is greater than TVRIX's maximum drawdown of -39.36%. Use the drawdown chart below to compare losses from any high point for DSEFX and TVRIX.

Drawdown Indicators

	DSEFX	TVRIX	Difference
Max Drawdown Largest peak-to-trough decline	-57.66%	-39.36%	-18.30%
Max Drawdown (1Y) Largest decline over 1 year	-10.49%	-8.45%	-2.04%
Max Drawdown (3Y) Largest decline over 3 years	-20.32%	-24.87%	+4.55%
Max Drawdown (5Y) Largest decline over 5 years	-30.86%	-24.87%	-5.99%
Max Drawdown (10Y) Largest decline over 10 years	-31.09%	-39.36%	+8.27%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-10.92%	-6.05%	-4.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.35%	1.84%	+0.51%

Volatility

DSEFX vs. TVRIX - Volatility Comparison

Domini Impact Equity Fund (DSEFX) and Guggenheim Directional Allocation Fund (TVRIX) have volatilities of 3.10% and 3.19%, 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

	DSEFX	TVRIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.10%	3.19%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	9.48%	7.90%	+1.58%
Volatility (1Y) Calculated over the trailing 1-year period	12.27%	10.07%	+2.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.01%	14.43%	+3.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.64%	17.82%	+0.82%

DSEFX vs. TVRIX - Expense Ratio Comparison

Both DSEFX and TVRIX have an expense ratio of 1.09%.

Dividends

DSEFX vs. TVRIX - Dividend Comparison

DSEFX's dividend yield for the trailing twelve months is around 10.00%, more than TVRIX's 8.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DSEFX Domini Impact Equity Fund	10.00%	11.18%	5.18%	1.01%	1.83%	6.00%	2.29%	2.42%	14.44%	5.31%	2.67%	6.44%
TVRIX Guggenheim Directional Allocation Fund	8.60%	9.64%	0.00%	2.03%	0.71%	14.34%	0.30%	16.62%	14.33%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DSEFX and TVRIX in my portfolio?

With a correlation of 0.95, DSEFX and TVRIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DSEFX or TVRIX?

TVRIX has higher volatility (3.19%) compared to DSEFX (3.10%). In terms of maximum drawdown, DSEFX dropped -57.66% vs TVRIX's -39.36%.

Which has better risk-adjusted returns?

TVRIX currently has the higher Sharpe Ratio (2.71 vs 2.12), 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.