GENIX vs. GVALX

Last updated Jun 23, 2026

GENIX (Gotham Enhanced Return Fund) and GVALX (Gotham Large Value Fund) are both mutual funds - GENIX is a Mid Cap Blend Equities fund managed by Gotham, while GVALX is a Large Cap Value Equities fund managed by Gotham. Over the past 5 years, GENIX returned 18.30%/yr vs 10.50%/yr for GVALX. Their correlation of 0.86 suggests significant overlap in exposure. GENIX charges 1.50%/yr vs 1.05%/yr for GVALX.

Performance

GENIX vs. GVALX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gotham Enhanced Return Fund (GENIX) and Gotham Large Value Fund (GVALX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GENIX achieves a 12.07% return, which is significantly higher than GVALX's 9.60% return.

GENIX

• 1D: 0.31%
• 1M: 0.67%
• YTD: 12.07%
• 6M: 11.61%
• 1Y: 26.94%
• 3Y*: 24.74%
• 5Y*: 18.30%
• 10Y*: 13.82%

GVALX

• 1D: 0.00%
• 1M: 0.26%
• YTD: 9.60%
• 6M: 8.67%
• 1Y: 20.74%
• 3Y*: 14.87%
• 5Y*: 10.50%
• 10Y*: —

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

GENIX vs. GVALX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
GENIX Gotham Enhanced Return Fund	12.07%	21.16%	27.31%	25.26%	-12.02%	39.66%	-8.21%	11.78%
GVALX Gotham Large Value Fund	9.60%	13.83%	11.88%	11.74%	-6.84%	28.96%	3.42%	12.79%

Correlation

The correlation between GENIX and GVALX is 0.72, 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	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Feb 22, 2019	0.87

The correlation between GENIX and GVALX shifts across timeframes, from 0.72 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GENIX vs. GVALX — Risk / Return Rank

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

GENIX

GENIX Risk / Return Rank: 74
GENIX Sharpe Ratio Rank: 67
GENIX Sortino Ratio Rank: 63
GENIX Omega Ratio Rank: 58
GENIX Calmar Ratio Rank: 89
GENIX Martin Ratio Rank: 93

GVALX

GVALX Risk / Return Rank: 51
GVALX Sharpe Ratio Rank: 48
GVALX Sortino Ratio Rank: 51
GVALX Omega Ratio Rank: 44
GVALX Calmar Ratio Rank: 60
GVALX Martin Ratio Rank: 51

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.

GENIX vs. GVALX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gotham Enhanced Return Fund (GENIX) and Gotham Large Value Fund (GVALX). 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.

	GENIX	GVALX	Difference
Sharpe ratio: Return per unit of total volatility	2.20	1.88	+0.31
Sortino ratio: Return per unit of downside risk	3.03	2.77	+0.26
Omega ratio: Gain probability vs. loss probability	1.39	1.33	+0.05
Calmar ratio: Return relative to maximum drawdown	4.26	2.84	+1.42
Martin ratio: Return relative to average drawdown	18.01	9.82	+8.19

GENIX vs. GVALX - Sharpe Ratio Comparison

The current GENIX Sharpe Ratio is 2.20, which is comparable to the GVALX Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of GENIX and GVALX, 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

GENIX vs. GVALX - Drawdown Comparison

The maximum GENIX drawdown since its inception was -39.35%, roughly equal to the maximum GVALX drawdown of -38.56%. Use the drawdown chart below to compare losses from any high point for GENIX and GVALX.

Drawdown Indicators

	GENIX	GVALX	Difference
Max Drawdown Largest peak-to-trough decline	-39.35%	-38.56%	-0.79%
Max Drawdown (1Y) Largest decline over 1 year	-6.44%	-7.46%	+1.02%
Max Drawdown (3Y) Largest decline over 3 years	-19.20%	-15.66%	-3.54%
Max Drawdown (5Y) Largest decline over 5 years	-20.74%	-18.68%	-2.06%
Max Drawdown (10Y) Largest decline over 10 years	-39.35%	—	—
Current Drawdown Current decline from peak	-2.14%	-1.91%	-0.23%
Average Drawdown Average peak-to-trough decline	-5.63%	-4.45%	-1.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.51%	2.15%	-0.64%

Volatility

GENIX vs. GVALX - Volatility Comparison

Gotham Enhanced Return Fund (GENIX) has a higher volatility of 4.72% compared to Gotham Large Value Fund (GVALX) at 3.51%. This indicates that GENIX's price experiences larger fluctuations and is considered to be riskier than GVALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GENIX	GVALX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	3.51%	+1.21%
Volatility (6M) Calculated over the trailing 6-month period	9.70%	8.39%	+1.31%
Volatility (1Y) Calculated over the trailing 1-year period	12.47%	11.24%	+1.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.25%	15.41%	+1.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.56%	19.47%	-0.91%

GENIX vs. GVALX - Expense Ratio Comparison

GENIX has a 1.50% expense ratio, which is higher than GVALX's 1.05% expense ratio.

Dividends

GENIX vs. GVALX - Dividend Comparison

GENIX's dividend yield for the trailing twelve months is around 1.85%, less than GVALX's 10.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GENIX Gotham Enhanced Return Fund	1.85%	2.07%	19.28%	9.82%	8.02%	19.31%	0.14%	32.49%	9.60%	0.97%	0.00%	1.85%
GVALX Gotham Large Value Fund	10.78%	11.81%	10.72%	9.77%	7.59%	18.49%	1.61%	2.40%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GENIX and GVALX in my portfolio?

GENIX and GVALX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GENIX or GVALX?

GENIX has higher volatility (4.72%) compared to GVALX (3.51%). In terms of maximum drawdown, GENIX dropped -39.35% vs GVALX's -38.56%.

Which has better risk-adjusted returns?

GENIX currently has the higher Sharpe Ratio (2.20 vs 1.88), 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.