GPSCX vs. CBYYX

Last updated Jun 4, 2026

GPSCX (Victory RS Small Cap Equity Fund) and CBYYX (Victory Pioneer Cat Bond Fund Class Y) are both mutual funds - GPSCX is a Small Cap Growth Equities fund managed by Victory, while CBYYX is a Nontraditional Bonds fund actively managed by Victory. At a 0.01 correlation, their price movements are largely independent. GPSCX charges 1.25%/yr vs 1.46%/yr for CBYYX.

Performance

GPSCX vs. CBYYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victory RS Small Cap Equity Fund (GPSCX) and Victory Pioneer Cat Bond Fund Class Y (CBYYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GPSCX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CBYYX

• 1D: 0.00%
• 1M: 0.63%
• YTD: 2.27%
• 6M: 2.65%
• 1Y: 10.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GPSCX vs. CBYYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GPSCX Victory RS Small Cap Equity Fund	0.00%	-13.27%	24.26%	1.25%
CBYYX Victory Pioneer Cat Bond Fund Class Y	2.27%	11.09%	15.69%	3.43%

Correlation

The correlation between GPSCX and CBYYX is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 7, 2023	0.01

Return for Risk

GPSCX vs. CBYYX — Risk / Return Rank

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

CBYYX

CBYYX Risk / Return Rank: 100
CBYYX Sharpe Ratio Rank: 100
CBYYX Sortino Ratio Rank: 100
CBYYX Omega Ratio Rank: 100
CBYYX Calmar Ratio Rank: 100
CBYYX Martin Ratio Rank: 100

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.

GPSCX vs. CBYYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victory RS Small Cap Equity Fund (GPSCX) and Victory Pioneer Cat Bond Fund Class Y (CBYYX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GPSCX	CBYYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	8.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.45	—

Drawdowns

Drawdown Indicators

	GPSCX	CBYYX	Difference
Max Drawdown Largest peak-to-trough decline	—	-8.72%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-0.09%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-1.31%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.03%	—

Volatility

Volatility by Period

	GPSCX	CBYYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.61%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	1.23%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	8.22%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	8.22%	—

GPSCX vs. CBYYX - Expense Ratio Comparison

GPSCX has a 1.25% expense ratio, which is lower than CBYYX's 1.46% expense ratio.

Dividends

GPSCX vs. CBYYX - Dividend Comparison

GPSCX has not paid dividends to shareholders, while CBYYX's dividend yield for the trailing twelve months is around 8.93%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CBYYX Victory Pioneer Cat Bond Fund Class Y	8.93%	9.14%	10.33%	9.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GPSCX Victory RS Small Cap Equity Fund	0.00%	0.48%	0.00%	0.00%	11.02%	24.10%	22.25%	11.69%	33.03%	5.00%	0.00%	40.41%

Frequently Asked Questions

Can I hold both GPSCX and CBYYX in my portfolio?

GPSCX and CBYYX have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.