GVALX vs. GENIX

Last updated Jun 23, 2026

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

Performance

GVALX vs. GENIX - Performance Comparison

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

Returns By Period

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

GVALX

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

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%

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

GVALX vs. GENIX - Yearly Performance Comparison

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

Correlation

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

Return for Risk

GVALX vs. GENIX — Risk / Return Rank

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

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

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

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.

GVALX vs. GENIX - Risk-Adjusted Trends Comparison

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

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

GVALX vs. GENIX - Sharpe Ratio Comparison

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

GVALX vs. GENIX - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

GVALX vs. GENIX - Volatility Comparison

The current volatility for Gotham Large Value Fund (GVALX) is 3.51%, while Gotham Enhanced Return Fund (GENIX) has a volatility of 4.72%. This indicates that GVALX experiences smaller price fluctuations and is considered to be less risky than GENIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

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

GVALX vs. GENIX - Expense Ratio Comparison

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

Dividends

GVALX vs. GENIX - Dividend Comparison

GVALX's dividend yield for the trailing twelve months is around 10.78%, more than GENIX's 1.85% 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 GVALX and GENIX in my portfolio?

GVALX and GENIX 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, GVALX or GENIX?

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

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.