FAMFX vs. FAMEX

Last updated Jun 24, 2026

FAMFX (FAM Small Cap Fund) and FAMEX (FAM Dividend Focus Fund) are both mutual funds - FAMFX is a Small Cap Growth Equities fund managed by FAM, while FAMEX is a Mid Cap Blend Equities fund managed by FAM. Over the past 10 years, FAMFX returned 6.76%/yr vs 10.93%/yr for FAMEX. Their correlation of 0.82 suggests significant overlap in exposure. FAMFX charges 1.27%/yr vs 1.23%/yr for FAMEX.

Performance

FAMFX vs. FAMEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FAM Small Cap Fund (FAMFX) and FAM Dividend Focus Fund (FAMEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FAMFX achieves a -6.70% return, which is significantly lower than FAMEX's 2.03% return. Over the past 10 years, FAMFX has underperformed FAMEX with an annualized return of 6.76%, while FAMEX has yielded a comparatively higher 10.93% annualized return.

FAMFX

• 1D: -1.03%
• 1M: 0.86%
• YTD: -6.70%
• 6M: -8.44%
• 1Y: -14.56%
• 3Y*: 1.12%
• 5Y*: 0.97%
• 10Y*: 6.76%

FAMEX

• 1D: 0.04%
• 1M: 4.43%
• YTD: 2.03%
• 6M: 0.58%
• 1Y: -2.22%
• 3Y*: 7.86%
• 5Y*: 5.36%
• 10Y*: 10.93%

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

FAMFX vs. FAMEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FAMFX FAM Small Cap Fund	-6.70%	-11.60%	12.43%	20.10%	-12.42%	27.72%	10.10%	26.89%	-8.54%	4.56%
FAMEX FAM Dividend Focus Fund	2.03%	1.91%	7.56%	19.70%	-13.40%	25.61%	13.19%	32.56%	0.06%	12.64%

Correlation

The correlation between FAMFX and FAMEX is 0.77, 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	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.82
Correlation (All Time) Calculated using the full available price history since Mar 1, 2012	0.82

The correlation between FAMFX and FAMEX has been stable across timeframes, ranging from 0.77 to 0.83 - a consistent structural relationship.

Return for Risk

FAMFX vs. FAMEX — Risk / Return Rank

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

FAMFX

FAMFX Risk / Return Rank: 1
FAMFX Sharpe Ratio Rank: 1
FAMFX Sortino Ratio Rank: 1
FAMFX Omega Ratio Rank: 1
FAMFX Calmar Ratio Rank: 1
FAMFX Martin Ratio Rank: 1

FAMEX

FAMEX Risk / Return Rank: 2
FAMEX Sharpe Ratio Rank: 2
FAMEX Sortino Ratio Rank: 2
FAMEX Omega Ratio Rank: 2
FAMEX Calmar Ratio Rank: 2
FAMEX Martin Ratio Rank: 2

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.

FAMFX vs. FAMEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FAM Small Cap Fund (FAMFX) and FAM Dividend Focus Fund (FAMEX). 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.

	FAMFX	FAMEX	Difference
Sharpe ratio: Return per unit of total volatility	-0.74	-0.08	-0.66
Sortino ratio: Return per unit of downside risk	-1.01	-0.02	-0.99
Omega ratio: Gain probability vs. loss probability	0.89	1.00	-0.11
Calmar ratio: Return relative to maximum drawdown	-0.58	-0.08	-0.51
Martin ratio: Return relative to average drawdown	-1.05	-0.16	-0.89

FAMFX vs. FAMEX - Sharpe Ratio Comparison

The current FAMFX Sharpe Ratio is -0.74, which is lower than the FAMEX Sharpe Ratio of -0.08. The chart below compares the historical Sharpe Ratios of FAMFX and FAMEX, 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

FAMFX vs. FAMEX - Drawdown Comparison

The maximum FAMFX drawdown since its inception was -39.66%, smaller than the maximum FAMEX drawdown of -54.68%. Use the drawdown chart below to compare losses from any high point for FAMFX and FAMEX.

Drawdown Indicators

	FAMFX	FAMEX	Difference
Max Drawdown Largest peak-to-trough decline	-39.66%	-54.68%	+15.02%
Max Drawdown (1Y) Largest decline over 1 year	-22.23%	-13.83%	-8.40%
Max Drawdown (3Y) Largest decline over 3 years	-28.71%	-15.36%	-13.35%
Max Drawdown (5Y) Largest decline over 5 years	-28.71%	-24.10%	-4.61%
Max Drawdown (10Y) Largest decline over 10 years	-39.66%	-35.96%	-3.70%
Current Drawdown Current decline from peak	-24.19%	-6.10%	-18.09%
Average Drawdown Average peak-to-trough decline	-6.01%	-6.80%	+0.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.30%	6.72%	+5.58%

Volatility

FAMFX vs. FAMEX - Volatility Comparison

The current volatility for FAM Small Cap Fund (FAMFX) is 4.29%, while FAM Dividend Focus Fund (FAMEX) has a volatility of 4.82%. This indicates that FAMFX experiences smaller price fluctuations and is considered to be less risky than FAMEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FAMFX	FAMEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.29%	4.82%	-0.53%
Volatility (6M) Calculated over the trailing 6-month period	12.99%	10.60%	+2.39%
Volatility (1Y) Calculated over the trailing 1-year period	17.59%	13.58%	+4.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.76%	16.73%	+2.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.54%	17.97%	+1.57%

FAMFX vs. FAMEX - Expense Ratio Comparison

FAMFX has a 1.27% expense ratio, which is higher than FAMEX's 1.23% expense ratio.

Dividends

FAMFX vs. FAMEX - Dividend Comparison

FAMFX's dividend yield for the trailing twelve months is around 3.65%, which matches FAMEX's 3.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FAMEX FAM Dividend Focus Fund	3.66%	3.74%	3.34%	0.67%	1.36%	1.36%	2.18%	2.97%	1.35%	0.70%	8.80%	5.19%
FAMFX FAM Small Cap Fund	3.65%	3.41%	4.43%	6.44%	0.36%	6.55%	0.00%	0.47%	10.85%	2.15%	2.99%	0.24%

Frequently Asked Questions

Can I hold both FAMFX and FAMEX in my portfolio?

FAMFX and FAMEX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FAMFX or FAMEX?

FAMEX has higher volatility (4.82%) compared to FAMFX (4.29%). In terms of maximum drawdown, FAMFX dropped -39.66% vs FAMEX's -54.68%.

Which has better risk-adjusted returns?

FAMEX currently has the higher Sharpe Ratio (-0.08 vs -0.74), 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.