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FSSAX vs. DMCRX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSSAX vs. DMCRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Small Cap Growth Fund (FSSAX) and Driehaus Micro Cap Growth Fund (DMCRX). The values are adjusted to include any dividend payments, if applicable.

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FSSAX vs. DMCRX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSSAX
Franklin Small Cap Growth Fund
-7.69%7.88%13.02%31.05%-30.29%-0.24%41.68%42.14%-3.08%21.32%
DMCRX
Driehaus Micro Cap Growth Fund
-3.06%31.17%30.58%11.47%-33.54%22.23%86.43%34.03%2.52%24.35%

Returns By Period

In the year-to-date period, FSSAX achieves a -7.69% return, which is significantly lower than DMCRX's -3.06% return. Over the past 10 years, FSSAX has underperformed DMCRX with an annualized return of 10.94%, while DMCRX has yielded a comparatively higher 19.96% annualized return.


FSSAX

1D
-1.36%
1M
-9.02%
YTD
-7.69%
6M
-1.97%
1Y
14.20%
3Y*
10.07%
5Y*
-0.60%
10Y*
10.94%

DMCRX

1D
-3.72%
1M
-10.28%
YTD
-3.06%
6M
5.92%
1Y
55.58%
3Y*
22.06%
5Y*
5.94%
10Y*
19.96%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSSAX vs. DMCRX - Expense Ratio Comparison

FSSAX has a 0.78% expense ratio, which is lower than DMCRX's 1.38% expense ratio.


Return for Risk

FSSAX vs. DMCRX — Risk / Return Rank

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

FSSAX
FSSAX Risk / Return Rank: 2121
Overall Rank
FSSAX Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
FSSAX Sortino Ratio Rank: 2323
Sortino Ratio Rank
FSSAX Omega Ratio Rank: 2020
Omega Ratio Rank
FSSAX Calmar Ratio Rank: 2020
Calmar Ratio Rank
FSSAX Martin Ratio Rank: 2222
Martin Ratio Rank

DMCRX
DMCRX Risk / Return Rank: 8686
Overall Rank
DMCRX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
DMCRX Sortino Ratio Rank: 8686
Sortino Ratio Rank
DMCRX Omega Ratio Rank: 7777
Omega Ratio Rank
DMCRX Calmar Ratio Rank: 9393
Calmar Ratio Rank
DMCRX Martin Ratio Rank: 8989
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.

FSSAX vs. DMCRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Small Cap Growth Fund (FSSAX) and Driehaus Micro Cap Growth Fund (DMCRX). 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.


FSSAXDMCRXDifference

Sharpe ratio

Return per unit of total volatility

0.53

1.73

-1.20

Sortino ratio

Return per unit of downside risk

0.92

2.26

-1.34

Omega ratio

Gain probability vs. loss probability

1.12

1.29

-0.17

Calmar ratio

Return relative to maximum drawdown

0.59

2.97

-2.39

Martin ratio

Return relative to average drawdown

2.43

9.91

-7.49

FSSAX vs. DMCRX - Sharpe Ratio Comparison

The current FSSAX Sharpe Ratio is 0.53, which is lower than the DMCRX Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of FSSAX and DMCRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FSSAXDMCRXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.53

1.73

-1.20

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.02

0.15

-0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.46

0.59

-0.13

Sharpe Ratio (All Time)

Calculated using the full available price history

0.32

0.52

-0.20

Correlation

The correlation between FSSAX and DMCRX is 0.89, 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

FSSAX vs. DMCRX - Dividend Comparison

FSSAX's dividend yield for the trailing twelve months is around 8.28%, less than DMCRX's 14.15% yield.


TTM20252024202320222021202020192018201720162015
FSSAX
Franklin Small Cap Growth Fund
8.28%7.64%0.00%0.00%0.54%16.49%9.31%12.17%22.72%1.77%0.00%1.92%
DMCRX
Driehaus Micro Cap Growth Fund
14.15%13.72%3.86%0.87%8.20%48.23%19.79%14.70%33.22%8.91%0.00%4.20%

Drawdowns

FSSAX vs. DMCRX - Drawdown Comparison

The maximum FSSAX drawdown since its inception was -59.61%, roughly equal to the maximum DMCRX drawdown of -59.16%. Use the drawdown chart below to compare losses from any high point for FSSAX and DMCRX.


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Drawdown Indicators


FSSAXDMCRXDifference

Max Drawdown

Largest peak-to-trough decline

-59.61%

-59.16%

-0.45%

Max Drawdown (1Y)

Largest decline over 1 year

-14.18%

-15.46%

+1.28%

Max Drawdown (5Y)

Largest decline over 5 years

-42.58%

-59.16%

+16.58%

Max Drawdown (10Y)

Largest decline over 10 years

-42.80%

-59.16%

+16.36%

Current Drawdown

Current decline from peak

-11.99%

-15.41%

+3.42%

Average Drawdown

Average peak-to-trough decline

-14.83%

-20.35%

+5.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.75%

4.85%

-1.10%

Volatility

FSSAX vs. DMCRX - Volatility Comparison

The current volatility for Franklin Small Cap Growth Fund (FSSAX) is 6.78%, while Driehaus Micro Cap Growth Fund (DMCRX) has a volatility of 11.21%. This indicates that FSSAX experiences smaller price fluctuations and is considered to be less risky than DMCRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSSAXDMCRXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.78%

11.21%

-4.43%

Volatility (6M)

Calculated over the trailing 6-month period

13.63%

22.57%

-8.94%

Volatility (1Y)

Calculated over the trailing 1-year period

24.14%

31.03%

-6.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.29%

39.50%

-15.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.91%

33.84%

-9.93%