DVIPX vs. VALAX
Compare and contrast key facts about Davenport Value & Income Fund (DVIPX) and Al Frank Fund (VALAX).
DVIPX is managed by Davenport. It was launched on Dec 31, 2010. VALAX is managed by Al Frank. It was launched on May 1, 2006.
Performance
DVIPX vs. VALAX - Performance Comparison
Loading graphics...
DVIPX vs. VALAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DVIPX Davenport Value & Income Fund | 0.21% | 13.70% | 9.53% | 8.49% | -12.88% | 23.35% | 1.75% | 25.60% | -12.68% | 18.24% |
VALAX Al Frank Fund | 1.54% | 23.57% | 13.35% | 14.05% | -13.50% | 24.97% | 10.22% | 33.98% | -7.87% | 18.09% |
Returns By Period
In the year-to-date period, DVIPX achieves a 0.21% return, which is significantly lower than VALAX's 1.54% return. Over the past 10 years, DVIPX has underperformed VALAX with an annualized return of 7.74%, while VALAX has yielded a comparatively higher 12.38% annualized return.
DVIPX
- 1D
- 0.00%
- 1M
- -6.77%
- YTD
- 0.21%
- 6M
- 1.68%
- 1Y
- 9.72%
- 3Y*
- 10.13%
- 5Y*
- 6.12%
- 10Y*
- 7.74%
VALAX
- 1D
- -0.77%
- 1M
- -6.61%
- YTD
- 1.54%
- 6M
- 7.86%
- 1Y
- 29.09%
- 3Y*
- 17.10%
- 5Y*
- 8.94%
- 10Y*
- 12.38%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DVIPX vs. VALAX - Expense Ratio Comparison
DVIPX has a 0.87% expense ratio, which is lower than VALAX's 1.24% expense ratio.
Return for Risk
DVIPX vs. VALAX — Risk / Return Rank
DVIPX
VALAX
DVIPX vs. VALAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Davenport Value & Income Fund (DVIPX) and Al Frank Fund (VALAX). 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.
| DVIPX | VALAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.75 | 1.63 | -0.88 |
Sortino ratioReturn per unit of downside risk | 1.14 | 2.23 | -1.09 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.34 | -0.19 |
Calmar ratioReturn relative to maximum drawdown | 0.91 | 2.13 | -1.22 |
Martin ratioReturn relative to average drawdown | 3.54 | 9.00 | -5.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DVIPX | VALAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.75 | 1.63 | -0.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.51 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.64 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.39 | +0.22 |
Correlation
The correlation between DVIPX and VALAX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
DVIPX vs. VALAX - Dividend Comparison
DVIPX's dividend yield for the trailing twelve months is around 6.71%, less than VALAX's 8.52% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVIPX Davenport Value & Income Fund | 6.71% | 6.73% | 6.35% | 1.68% | 5.59% | 4.42% | 4.36% | 4.13% | 3.70% | 4.65% | 2.24% | 6.95% |
VALAX Al Frank Fund | 8.52% | 8.65% | 10.32% | 5.95% | 8.62% | 6.83% | 7.17% | 13.51% | 10.73% | 10.66% | 5.32% | 9.53% |
Drawdowns
DVIPX vs. VALAX - Drawdown Comparison
The maximum DVIPX drawdown since its inception was -38.40%, smaller than the maximum VALAX drawdown of -61.26%. Use the drawdown chart below to compare losses from any high point for DVIPX and VALAX.
Loading graphics...
Drawdown Indicators
| DVIPX | VALAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.40% | -61.26% | +22.86% |
Max Drawdown (1Y)Largest decline over 1 year | -10.43% | -13.03% | +2.60% |
Max Drawdown (5Y)Largest decline over 5 years | -20.67% | -25.81% | +5.14% |
Max Drawdown (10Y)Largest decline over 10 years | -38.40% | -38.22% | -0.18% |
Current DrawdownCurrent decline from peak | -7.52% | -8.56% | +1.04% |
Average DrawdownAverage peak-to-trough decline | -4.51% | -10.83% | +6.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.68% | 3.08% | -0.40% |
Volatility
DVIPX vs. VALAX - Volatility Comparison
The current volatility for Davenport Value & Income Fund (DVIPX) is 3.31%, while Al Frank Fund (VALAX) has a volatility of 4.61%. This indicates that DVIPX experiences smaller price fluctuations and is considered to be less risky than VALAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DVIPX | VALAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.31% | 4.61% | -1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 7.71% | 10.48% | -2.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.25% | 18.57% | -4.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.88% | 17.70% | -3.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.15% | 19.29% | -3.14% |