FTVNX vs. FTXSX

Last updated Jun 4, 2026

FTVNX (Fuller & Thaler Behavioral Mid-Cap Value Fund) and FTXSX (FullerThaler Behavioral Small-Cap Growth Fund) are both mutual funds - FTVNX is a Mid Cap Value Equities fund managed by Fuller & Thaler Asset Mgmt, while FTXSX is a Small Cap Growth Equities fund tracking the Russell 2000 Growth Index. Over the past 5 years, FTVNX returned 3.60%/yr vs 16.27%/yr for FTXSX. A 0.62 correlation means they provide meaningful diversification when combined. FTVNX charges 1.31%/yr vs 1.00%/yr for FTXSX.

Performance

FTVNX vs. FTXSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fuller & Thaler Behavioral Mid-Cap Value Fund (FTVNX) and FullerThaler Behavioral Small-Cap Growth Fund (FTXSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTVNX achieves a 1.62% return, which is significantly lower than FTXSX's 35.58% return.

FTVNX

• 1D: -0.57%
• 1M: 1.07%
• YTD: 1.62%
• 6M: 3.49%
• 1Y: 1.68%
• 3Y*: 7.78%
• 5Y*: 3.60%
• 10Y*: —

FTXSX

• 1D: 2.75%
• 1M: 8.05%
• YTD: 35.58%
• 6M: 33.32%
• 1Y: 66.21%
• 3Y*: 31.34%
• 5Y*: 16.27%
• 10Y*: —

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

FTVNX vs. FTXSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FTVNX Fuller & Thaler Behavioral Mid-Cap Value Fund	1.62%	-1.98%	9.77%	12.04%	-7.49%	32.93%	6.32%	27.76%	-13.29%
FTXSX FullerThaler Behavioral Small-Cap Growth Fund	35.58%	12.44%	28.86%	33.15%	-27.48%	25.50%	51.32%	19.19%	-3.71%

Correlation

The correlation between FTVNX and FTXSX is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Jan 16, 2018	0.62

Over the past year, the correlation between FTVNX and FTXSX has dropped to 0.39 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.

Return for Risk

FTVNX vs. FTXSX — Risk / Return Rank

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

FTVNX

FTVNX Risk / Return Rank: 4
FTVNX Sharpe Ratio Rank: 4
FTVNX Sortino Ratio Rank: 4
FTVNX Omega Ratio Rank: 4
FTVNX Calmar Ratio Rank: 4
FTVNX Martin Ratio Rank: 4

FTXSX

FTXSX Risk / Return Rank: 77
FTXSX Sharpe Ratio Rank: 81
FTXSX Sortino Ratio Rank: 58
FTXSX Omega Ratio Rank: 58
FTXSX Calmar Ratio Rank: 94
FTXSX Martin Ratio Rank: 95

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.

FTVNX vs. FTXSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fuller & Thaler Behavioral Mid-Cap Value Fund (FTVNX) and FullerThaler Behavioral Small-Cap Growth Fund (FTXSX). 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.

	FTVNX	FTXSX	Difference
Sharpe ratio Return per unit of total volatility	0.21	2.64	-2.42
Sortino ratio Return per unit of downside risk	0.44	3.20	-2.76
Omega ratio Gain probability vs. loss probability	1.05	1.42	-0.37
Calmar ratio Return relative to maximum drawdown	0.24	5.56	-5.32
Martin ratio Return relative to average drawdown	0.58	22.57	-21.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTVNX vs. FTXSX - Sharpe Ratio Comparison

The current FTVNX Sharpe Ratio is 0.21, which is lower than the FTXSX Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of FTVNX and FTXSX, 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

	FTVNX	FTXSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.21	2.64	-2.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	0.61	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.67	-0.34

Drawdowns

FTVNX vs. FTXSX - Drawdown Comparison

The maximum FTVNX drawdown since its inception was -42.81%, roughly equal to the maximum FTXSX drawdown of -45.03%. Use the drawdown chart below to compare losses from any high point for FTVNX and FTXSX.

Drawdown Indicators

	FTVNX	FTXSX	Difference
Max Drawdown Largest peak-to-trough decline	-42.81%	-45.03%	+2.22%
Max Drawdown (1Y) Largest decline over 1 year	-14.52%	-12.37%	-2.15%
Max Drawdown (3Y) Largest decline over 3 years	-20.46%	-32.37%	+11.91%
Max Drawdown (5Y) Largest decline over 5 years	-20.46%	-39.58%	+19.12%
Current Drawdown Current decline from peak	-6.52%	0.00%	-6.52%
Average Drawdown Average peak-to-trough decline	-6.33%	-12.47%	+6.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.97%	3.04%	+2.93%

Volatility

FTVNX vs. FTXSX - Volatility Comparison

The current volatility for Fuller & Thaler Behavioral Mid-Cap Value Fund (FTVNX) is 4.36%, while FullerThaler Behavioral Small-Cap Growth Fund (FTXSX) has a volatility of 8.51%. This indicates that FTVNX experiences smaller price fluctuations and is considered to be less risky than FTXSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTVNX	FTXSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.36%	8.51%	-4.15%
Volatility (6M) Calculated over the trailing 6-month period	11.40%	20.52%	-9.12%
Volatility (1Y) Calculated over the trailing 1-year period	16.37%	26.08%	-9.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.32%	26.75%	-8.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.64%	27.67%	-6.03%

FTVNX vs. FTXSX - Expense Ratio Comparison

FTVNX has a 1.31% expense ratio, which is higher than FTXSX's 1.00% expense ratio.

Dividends

FTVNX vs. FTXSX - Dividend Comparison

FTVNX's dividend yield for the trailing twelve months is around 1.57%, while FTXSX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FTVNX Fuller & Thaler Behavioral Mid-Cap Value Fund	1.57%	1.59%	1.08%	1.31%	2.13%	1.41%	0.14%	1.03%	0.51%
FTXSX FullerThaler Behavioral Small-Cap Growth Fund	0.00%	0.00%	0.00%	0.00%	0.00%	17.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FTVNX and FTXSX in my portfolio?

FTVNX and FTXSX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTVNX or FTXSX?

FTXSX has higher volatility (8.51%) compared to FTVNX (4.36%). In terms of maximum drawdown, FTVNX dropped -42.81% vs FTXSX's -45.03%.

Which has better risk-adjusted returns?

FTXSX currently has the higher Sharpe Ratio (2.64 vs 0.21), 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.