FRVLX vs. FSCCX

Last updated Jun 4, 2026

FRVLX (Franklin Small Cap Value Fund) and FSCCX (Nuveen Small Cap Value Fund) are both Small Cap Value Equities funds. Over the past 10 years, FRVLX returned 10.28%/yr vs 7.54%/yr for FSCCX. Their correlation of 0.92 suggests significant overlap in exposure. FRVLX charges 1.00%/yr vs 0.95%/yr for FSCCX.

Performance

FRVLX vs. FSCCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Small Cap Value Fund (FRVLX) and Nuveen Small Cap Value Fund (FSCCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FRVLX achieves a 17.09% return, which is significantly higher than FSCCX's 13.50% return. Over the past 10 years, FRVLX has outperformed FSCCX with an annualized return of 10.28%, while FSCCX has yielded a comparatively lower 7.54% annualized return.

FRVLX

• 1D: 1.57%
• 1M: 3.75%
• YTD: 17.09%
• 6M: 17.78%
• 1Y: 31.44%
• 3Y*: 16.62%
• 5Y*: 6.91%
• 10Y*: 10.28%

FSCCX

• 1D: 0.53%
• 1M: 2.55%
• YTD: 13.50%
• 6M: 11.87%
• 1Y: 23.94%
• 3Y*: 14.98%
• 5Y*: 6.72%
• 10Y*: 7.54%

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

FRVLX vs. FSCCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FRVLX Franklin Small Cap Value Fund	17.09%	7.36%	13.16%	12.81%	-10.25%	22.51%	5.45%	26.08%	-12.92%	9.91%
FSCCX Nuveen Small Cap Value Fund	13.50%	3.21%	14.82%	11.86%	-12.42%	35.38%	-4.21%	17.28%	-20.65%	6.35%

Correlation

The correlation between FRVLX and FSCCX is 0.92, 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	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Mar 12, 1996	0.92

The correlation between FRVLX and FSCCX has been stable across timeframes, ranging from 0.92 to 0.96 - a consistent structural relationship.

Return for Risk

FRVLX vs. FSCCX — Risk / Return Rank

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

FRVLX

FRVLX Risk / Return Rank: 43
FRVLX Sharpe Ratio Rank: 40
FRVLX Sortino Ratio Rank: 42
FRVLX Omega Ratio Rank: 36
FRVLX Calmar Ratio Rank: 54
FRVLX Martin Ratio Rank: 44

FSCCX

FSCCX Risk / Return Rank: 32
FSCCX Sharpe Ratio Rank: 28
FSCCX Sortino Ratio Rank: 29
FSCCX Omega Ratio Rank: 26
FSCCX Calmar Ratio Rank: 42
FSCCX Martin Ratio Rank: 33

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.

FRVLX vs. FSCCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Small Cap Value Fund (FRVLX) and Nuveen Small Cap Value Fund (FSCCX). 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.

	FRVLX	FSCCX	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.51	+0.31
Sortino ratio: Return per unit of downside risk	2.70	2.25	+0.45
Omega ratio: Gain probability vs. loss probability	1.32	1.27	+0.05
Calmar ratio: Return relative to maximum drawdown	2.80	2.47	+0.33
Martin ratio: Return relative to average drawdown	9.29	7.42	+1.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FRVLX vs. FSCCX - Sharpe Ratio Comparison

The current FRVLX Sharpe Ratio is 1.82, which is comparable to the FSCCX Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of FRVLX and FSCCX, 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

	FRVLX	FSCCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	1.51	+0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.33	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.32	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.34	+0.09

Drawdowns

FRVLX vs. FSCCX - Drawdown Comparison

The maximum FRVLX drawdown since its inception was -60.27%, smaller than the maximum FSCCX drawdown of -65.90%. Use the drawdown chart below to compare losses from any high point for FRVLX and FSCCX.

Drawdown Indicators

	FRVLX	FSCCX	Difference
Max Drawdown Largest peak-to-trough decline	-60.27%	-65.90%	+5.63%
Max Drawdown (1Y) Largest decline over 1 year	-12.04%	-10.36%	-1.68%
Max Drawdown (3Y) Largest decline over 3 years	-25.09%	-24.81%	-0.28%
Max Drawdown (5Y) Largest decline over 5 years	-25.09%	-24.81%	-0.28%
Max Drawdown (10Y) Largest decline over 10 years	-44.10%	-53.80%	+9.70%
Current Drawdown Current decline from peak	0.00%	-0.55%	+0.55%
Average Drawdown Average peak-to-trough decline	-10.31%	-13.38%	+3.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.62%	3.43%	+0.19%

Volatility

FRVLX vs. FSCCX - Volatility Comparison

Franklin Small Cap Value Fund (FRVLX) has a higher volatility of 5.15% compared to Nuveen Small Cap Value Fund (FSCCX) at 4.21%. This indicates that FRVLX's price experiences larger fluctuations and is considered to be riskier than FSCCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FRVLX	FSCCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.15%	4.21%	+0.94%
Volatility (6M) Calculated over the trailing 6-month period	12.83%	11.10%	+1.73%
Volatility (1Y) Calculated over the trailing 1-year period	18.46%	16.88%	+1.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.59%	20.73%	+0.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.82%	23.41%	-0.59%

FRVLX vs. FSCCX - Expense Ratio Comparison

FRVLX has a 1.00% expense ratio, which is higher than FSCCX's 0.95% expense ratio.

Dividends

FRVLX vs. FSCCX - Dividend Comparison

FRVLX's dividend yield for the trailing twelve months is around 6.83%, more than FSCCX's 0.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FRVLX Franklin Small Cap Value Fund	6.83%	7.99%	8.45%	4.54%	3.21%	7.55%	2.20%	6.31%	18.48%	8.06%	4.76%	11.04%
FSCCX Nuveen Small Cap Value Fund	0.96%	1.09%	1.52%	1.02%	1.24%	0.52%	0.54%	1.16%	4.21%	1.03%	2.63%	1.80%

Frequently Asked Questions

Can I hold both FRVLX and FSCCX in my portfolio?

With a correlation of 0.92, FRVLX and FSCCX 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, FRVLX or FSCCX?

FRVLX has higher volatility (5.15%) compared to FSCCX (4.21%). In terms of maximum drawdown, FRVLX dropped -60.27% vs FSCCX's -65.90%.

Which has better risk-adjusted returns?

FRVLX currently has the higher Sharpe Ratio (1.82 vs 1.51), 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.