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ETEGX vs. RYWCX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ETEGX vs. RYWCX

Last updated Apr 15, 2026

ETEGX (Eaton Vance Small-Cap Fund) and RYWCX (Rydex S&P SmallCap 600 Pure Growth Fund) are both Small Cap Growth Equities funds. Over the past 10 years, ETEGX returned 8.74%/yr vs 6.94%/yr for RYWCX. Their correlation of 0.91 suggests significant overlap in exposure. ETEGX charges 1.21%/yr vs 2.26%/yr for RYWCX.

Performance

ETEGX vs. RYWCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Small-Cap Fund (ETEGX) and Rydex S&P SmallCap 600 Pure Growth Fund (RYWCX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ETEGX achieves a 3.22% return, which is significantly lower than RYWCX's 12.11% return. Over the past 10 years, ETEGX has outperformed RYWCX with an annualized return of 8.74%, while RYWCX has yielded a comparatively lower 6.94% annualized return.

ETEGX

1D
1.25%
1M
6.08%
YTD
3.22%
6M
1.29%
1Y
6.35%
3Y*
5.27%
5Y*
2.38%
10Y*
8.74%

RYWCX

1D
1.35%
1M
9.99%
YTD
12.11%
6M
11.44%
1Y
35.46%
3Y*
14.32%
5Y*
1.40%
10Y*
6.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ETEGX vs. RYWCX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ETEGX
Eaton Vance Small-Cap Fund		3.22%-6.20%14.65%11.28%-15.52%21.45%12.73%27.57%-6.00%14.87%
RYWCX
Rydex S&P SmallCap 600 Pure Growth Fund		12.11%7.76%7.20%17.03%-30.33%16.37%15.23%11.58%-9.55%15.23%

Correlation

The correlation between ETEGX and RYWCX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.87

Correlation (3Y)
Calculated over the trailing 3-year period

0.88

Correlation (5Y)
Calculated over the trailing 5-year period

0.90

Correlation (All Time)
Calculated using the full available price history since Jan 4, 2005

0.91

The correlation between ETEGX and RYWCX has been stable across timeframes, ranging from 0.87 to 0.91 — a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Eaton Vance Small-Cap Fund

Rydex S&P SmallCap 600 Pure Growth Fund

Often compared with ETEGX:
ETEGX vs. ^GSPCETEGX vs. FGROXETEGX vs. NBMIXETEGX vs. WISGXETEGX vs. BIASXETEGX vs. AOFIXETEGX vs. BUFOX
Often compared with RYWCX:
RYWCX vs. WMKSXRYWCX vs. ANOIXRYWCX vs. DSCGXRYWCX vs. WRGCXRYWCX vs. DVSMXRYWCX vs. NBGNXRYWCX vs. FCAGX

Return for Risk

ETEGX vs. RYWCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ETEGX
ETEGX Risk / Return Rank: 33
Overall Rank
ETEGX Sharpe Ratio Rank: 33
Sharpe Ratio Rank
ETEGX Sortino Ratio Rank: 33
Sortino Ratio Rank
ETEGX Omega Ratio Rank: 33
Omega Ratio Rank
ETEGX Calmar Ratio Rank: 44
Calmar Ratio Rank
ETEGX Martin Ratio Rank: 33
Martin Ratio Rank
RYWCX
RYWCX Risk / Return Rank: 4545
Overall Rank
RYWCX Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
RYWCX Sortino Ratio Rank: 3434
Sortino Ratio Rank
RYWCX Omega Ratio Rank: 2727
Omega Ratio Rank
RYWCX Calmar Ratio Rank: 7575
Calmar Ratio Rank
RYWCX Martin Ratio Rank: 5656
Martin Ratio Rank
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.

ETEGX vs. RYWCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Small-Cap Fund (ETEGX) and Rydex S&P SmallCap 600 Pure Growth Fund (RYWCX). 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.

ETEGXRYWCXDifference

Sharpe ratio

Return per unit of total volatility

0.45

1.98

-1.53

Sortino ratio

Return per unit of downside risk

0.80

2.86

-2.06

Omega ratio

Gain probability vs. loss probability

1.09

1.34

-0.25

Calmar ratio

Return relative to maximum drawdown

0.42

4.03

-3.61

Martin ratio

Return relative to average drawdown

1.03

13.34

-12.32

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ETEGX vs. RYWCX - Sharpe Ratio Comparison

The current ETEGX Sharpe Ratio is 0.45, which is lower than the RYWCX Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of ETEGX and RYWCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ETEGXRYWCXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.45

1.98

-1.53

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.13

0.06

+0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.44

0.28

+0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.28

0.26

+0.02

Drawdowns

ETEGX vs. RYWCX - Drawdown Comparison

The maximum ETEGX drawdown since its inception was -67.58%, which is greater than RYWCX's maximum drawdown of -60.64%. Use the drawdown chart below to compare losses from any high point for ETEGX and RYWCX.

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Drawdown Indicators

ETEGXRYWCXDifference

Max Drawdown

Largest peak-to-trough decline

-67.58%

-60.64%

-6.94%

Max Drawdown (1Y)

Largest decline over 1 year

-13.05%

-8.49%

-4.56%

Max Drawdown (5Y)

Largest decline over 5 years

-24.30%

-40.28%

+15.98%

Max Drawdown (10Y)

Largest decline over 10 years

-36.66%

-54.65%

+17.99%

Current Drawdown

Current decline from peak

-8.86%

-2.31%

-6.55%

Average Drawdown

Average peak-to-trough decline

-22.83%

-13.53%

-9.30%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.31%

2.56%

+2.75%

Volatility

ETEGX vs. RYWCX - Volatility Comparison

The current volatility for Eaton Vance Small-Cap Fund (ETEGX) is 5.39%, while Rydex S&P SmallCap 600 Pure Growth Fund (RYWCX) has a volatility of 7.55%. This indicates that ETEGX experiences smaller price fluctuations and is considered to be less risky than RYWCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ETEGXRYWCXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.39%

7.55%

-2.16%

Volatility (6M)

Calculated over the trailing 6-month period

11.56%

14.11%

-2.55%

Volatility (1Y)

Calculated over the trailing 1-year period

16.65%

18.81%

-2.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.80%

22.99%

-4.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.83%

24.70%

-4.87%

ETEGX vs. RYWCX - Expense Ratio Comparison

ETEGX has a 1.21% expense ratio, which is lower than RYWCX's 2.26% expense ratio.

Dividends

ETEGX vs. RYWCX - Dividend Comparison

ETEGX's dividend yield for the trailing twelve months is around 7.97%, while RYWCX has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
ETEGX
Eaton Vance Small-Cap Fund		7.97%8.23%5.13%0.68%3.22%13.87%1.06%7.19%12.29%11.02%13.88%23.25%
RYWCX
Rydex S&P SmallCap 600 Pure Growth Fund		0.00%0.00%14.52%0.00%0.00%59.93%0.00%0.00%9.26%3.92%0.00%0.00%