DSIBX vs. DREVX

Last updated Jun 23, 2026

DSIBX (BNY Mellon Short-Intermediate Municipal Bond Fund) and DREVX (BNY Mellon Large Cap Securities Fund) are both mutual funds - DSIBX is a Municipal Bonds fund managed by BNY Mellon, while DREVX is a Large Cap Growth Equities fund managed by BNY Mellon. Over the past 10 years, DSIBX returned 1.37%/yr vs 16.01%/yr for DREVX. At a 0.02 correlation, their price movements are largely independent. DSIBX charges 0.49%/yr vs 0.70%/yr for DREVX.

Performance

DSIBX vs. DREVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Short-Intermediate Municipal Bond Fund (DSIBX) and BNY Mellon Large Cap Securities Fund (DREVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DSIBX achieves a 1.13% return, which is significantly lower than DREVX's 7.56% return. Over the past 10 years, DSIBX has underperformed DREVX with an annualized return of 1.37%, while DREVX has yielded a comparatively higher 16.01% annualized return.

DSIBX

• 1D: 0.00%
• 1M: 0.70%
• YTD: 1.13%
• 6M: 1.45%
• 1Y: 3.45%
• 3Y*: 3.60%
• 5Y*: 1.42%
• 10Y*: 1.37%

DREVX

• 1D: 1.51%
• 1M: 1.76%
• YTD: 7.56%
• 6M: 7.12%
• 1Y: 23.25%
• 3Y*: 20.95%
• 5Y*: 14.72%
• 10Y*: 16.01%

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

DSIBX vs. DREVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DSIBX BNY Mellon Short-Intermediate Municipal Bond Fund	1.13%	4.53%	2.66%	3.01%	-3.79%	-0.36%	2.39%	3.27%	1.22%	1.21%
DREVX BNY Mellon Large Cap Securities Fund	7.56%	16.70%	27.17%	31.07%	-17.94%	27.17%	26.52%	27.09%	-1.29%	20.12%

Correlation

The correlation between DSIBX and DREVX is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (10Y) Calculated over the trailing 10-year period	0.04
Correlation (All Time) Calculated using the full available price history since Apr 30, 1987	0.02

Return for Risk

DSIBX vs. DREVX — Risk / Return Rank

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

DSIBX

DSIBX Risk / Return Rank: 77
DSIBX Sharpe Ratio Rank: 91
DSIBX Sortino Ratio Rank: 97
DSIBX Omega Ratio Rank: 97
DSIBX Calmar Ratio Rank: 59
DSIBX Martin Ratio Rank: 43

DREVX

DREVX Risk / Return Rank: 36
DREVX Sharpe Ratio Rank: 37
DREVX Sortino Ratio Rank: 34
DREVX Omega Ratio Rank: 35
DREVX Calmar Ratio Rank: 32
DREVX Martin Ratio Rank: 41

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.

DSIBX vs. DREVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Short-Intermediate Municipal Bond Fund (DSIBX) and BNY Mellon Large Cap Securities Fund (DREVX). 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.

	DSIBX	DREVX	Difference
Sharpe ratio: Return per unit of total volatility	2.80	1.63	+1.17
Sortino ratio: Return per unit of downside risk	5.31	2.24	+3.07
Omega ratio: Gain probability vs. loss probability	1.94	1.29	+0.65
Calmar ratio: Return relative to maximum drawdown	2.82	2.02	+0.80
Martin ratio: Return relative to average drawdown	8.59	8.37	+0.22

DSIBX vs. DREVX - Sharpe Ratio Comparison

The current DSIBX Sharpe Ratio is 2.80, which is higher than the DREVX Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of DSIBX and DREVX, 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

DSIBX vs. DREVX - Drawdown Comparison

The maximum DSIBX drawdown since its inception was -6.02%, smaller than the maximum DREVX drawdown of -54.68%. Use the drawdown chart below to compare losses from any high point for DSIBX and DREVX.

Drawdown Indicators

	DSIBX	DREVX	Difference
Max Drawdown Largest peak-to-trough decline	-6.02%	-54.68%	+48.66%
Max Drawdown (1Y) Largest decline over 1 year	-1.23%	-11.41%	+10.18%
Max Drawdown (3Y) Largest decline over 3 years	-1.56%	-22.52%	+20.96%
Max Drawdown (5Y) Largest decline over 5 years	-6.02%	-24.69%	+18.67%
Max Drawdown (10Y) Largest decline over 10 years	-6.02%	-32.25%	+26.23%
Current Drawdown Current decline from peak	-0.15%	-0.38%	+0.23%
Average Drawdown Average peak-to-trough decline	-0.52%	-13.00%	+12.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.40%	2.75%	-2.35%

Volatility

DSIBX vs. DREVX - Volatility Comparison

The current volatility for BNY Mellon Short-Intermediate Municipal Bond Fund (DSIBX) is 0.40%, while BNY Mellon Large Cap Securities Fund (DREVX) has a volatility of 5.68%. This indicates that DSIBX experiences smaller price fluctuations and is considered to be less risky than DREVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DSIBX	DREVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.40%	5.68%	-5.28%
Volatility (6M) Calculated over the trailing 6-month period	0.98%	11.21%	-10.23%
Volatility (1Y) Calculated over the trailing 1-year period	1.24%	14.16%	-12.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.47%	18.80%	-17.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.54%	19.00%	-17.46%

DSIBX vs. DREVX - Expense Ratio Comparison

DSIBX has a 0.49% expense ratio, which is lower than DREVX's 0.70% expense ratio.

Dividends

DSIBX vs. DREVX - Dividend Comparison

DSIBX's dividend yield for the trailing twelve months is around 2.53%, less than DREVX's 9.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DREVX BNY Mellon Large Cap Securities Fund	9.83%	12.89%	8.77%	5.12%	4.82%	11.43%	6.28%	6.74%	9.01%	9.11%	8.71%	11.24%
DSIBX BNY Mellon Short-Intermediate Municipal Bond Fund	2.53%	2.93%	2.07%	1.12%	0.62%	0.72%	1.20%	1.66%	1.29%	1.05%	0.92%	1.01%

Frequently Asked Questions

Can I hold both DSIBX and DREVX in my portfolio?

DSIBX and DREVX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DSIBX or DREVX?

DREVX has higher volatility (5.68%) compared to DSIBX (0.40%). In terms of maximum drawdown, DSIBX dropped -6.02% vs DREVX's -54.68%.

Which has better risk-adjusted returns?

DSIBX currently has the higher Sharpe Ratio (2.80 vs 1.63), 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.