HSCSX vs. CSMDX

Last updated Jun 4, 2026

HSCSX (Homestead Small Company Stock Fund) and CSMDX (Copeland SMID Cap Dividend Growth Fund) are both Small Cap Blend Equities funds. Over the past 5 years, HSCSX returned 3.19%/yr vs 5.03%/yr for CSMDX. Their correlation of 0.92 suggests significant overlap in exposure. HSCSX charges 1.06%/yr vs 0.95%/yr for CSMDX.

Performance

HSCSX vs. CSMDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Homestead Small Company Stock Fund (HSCSX) and Copeland SMID Cap Dividend Growth Fund (CSMDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HSCSX achieves a 7.78% return, which is significantly lower than CSMDX's 11.73% return.

HSCSX

• 1D: 0.82%
• 1M: 1.18%
• YTD: 7.78%
• 6M: 7.69%
• 1Y: 18.23%
• 3Y*: 10.06%
• 5Y*: 3.19%
• 10Y*: 6.72%

CSMDX

• 1D: 0.53%
• 1M: 2.59%
• YTD: 11.73%
• 6M: 10.42%
• 1Y: 16.91%
• 3Y*: 8.52%
• 5Y*: 5.03%
• 10Y*: —

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

HSCSX vs. CSMDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HSCSX Homestead Small Company Stock Fund	7.78%	0.54%	8.52%	17.21%	-16.97%	20.38%	22.25%	22.41%	-27.09%	10.10%
CSMDX Copeland SMID Cap Dividend Growth Fund	11.73%	2.72%	2.24%	18.89%	-14.89%	22.60%	8.29%	29.90%	-5.20%	10.44%

Correlation

The correlation between HSCSX and CSMDX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Feb 28, 2017	0.92

The correlation between HSCSX and CSMDX has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

Return for Risk

HSCSX vs. CSMDX — Risk / Return Rank

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

HSCSX

HSCSX Risk / Return Rank: 20
HSCSX Sharpe Ratio Rank: 15
HSCSX Sortino Ratio Rank: 17
HSCSX Omega Ratio Rank: 14
HSCSX Calmar Ratio Rank: 26
HSCSX Martin Ratio Rank: 26

CSMDX

CSMDX Risk / Return Rank: 23
CSMDX Sharpe Ratio Rank: 20
CSMDX Sortino Ratio Rank: 22
CSMDX Omega Ratio Rank: 19
CSMDX Calmar Ratio Rank: 29
CSMDX Martin Ratio Rank: 25

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.

HSCSX vs. CSMDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Homestead Small Company Stock Fund (HSCSX) and Copeland SMID Cap Dividend Growth Fund (CSMDX). 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.

	HSCSX	CSMDX	Difference
Sharpe ratio: Return per unit of total volatility	1.10	1.27	-0.17
Sortino ratio: Return per unit of downside risk	1.71	1.97	-0.26
Omega ratio: Gain probability vs. loss probability	1.19	1.22	-0.03
Calmar ratio: Return relative to maximum drawdown	1.90	2.00	-0.10
Martin ratio: Return relative to average drawdown	6.21	6.13	+0.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HSCSX vs. CSMDX - Sharpe Ratio Comparison

The current HSCSX Sharpe Ratio is 1.10, which is comparable to the CSMDX Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of HSCSX and CSMDX, 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

	HSCSX	CSMDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	1.27	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	0.28	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.45	-0.06

Drawdowns

HSCSX vs. CSMDX - Drawdown Comparison

The maximum HSCSX drawdown since its inception was -55.79%, which is greater than CSMDX's maximum drawdown of -37.28%. Use the drawdown chart below to compare losses from any high point for HSCSX and CSMDX.

Drawdown Indicators

	HSCSX	CSMDX	Difference
Max Drawdown Largest peak-to-trough decline	-55.79%	-37.28%	-18.51%
Max Drawdown (1Y) Largest decline over 1 year	-10.95%	-9.20%	-1.75%
Max Drawdown (3Y) Largest decline over 3 years	-29.42%	-24.60%	-4.82%
Max Drawdown (5Y) Largest decline over 5 years	-29.42%	-24.60%	-4.82%
Max Drawdown (10Y) Largest decline over 10 years	-44.64%	—	—
Current Drawdown Current decline from peak	-2.68%	-0.53%	-2.15%
Average Drawdown Average peak-to-trough decline	-9.31%	-5.77%	-3.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.34%	3.00%	+0.34%

Volatility

HSCSX vs. CSMDX - Volatility Comparison

Homestead Small Company Stock Fund (HSCSX) has a higher volatility of 5.72% compared to Copeland SMID Cap Dividend Growth Fund (CSMDX) at 3.70%. This indicates that HSCSX's price experiences larger fluctuations and is considered to be riskier than CSMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HSCSX	CSMDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.72%	3.70%	+2.02%
Volatility (6M) Calculated over the trailing 6-month period	13.30%	10.24%	+3.06%
Volatility (1Y) Calculated over the trailing 1-year period	18.85%	14.46%	+4.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.80%	18.16%	+3.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.42%	19.17%	+3.25%

HSCSX vs. CSMDX - Expense Ratio Comparison

HSCSX has a 1.06% expense ratio, which is higher than CSMDX's 0.95% expense ratio.

Dividends

HSCSX vs. CSMDX - Dividend Comparison

HSCSX's dividend yield for the trailing twelve months is around 10.09%, more than CSMDX's 2.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSMDX Copeland SMID Cap Dividend Growth Fund	2.81%	3.14%	1.33%	0.81%	4.07%	6.67%	0.38%	2.61%	4.40%	0.13%	0.00%	0.00%
HSCSX Homestead Small Company Stock Fund	10.09%	10.88%	5.42%	3.87%	5.12%	18.41%	12.67%	18.73%	26.80%	4.45%	2.43%	5.07%

Frequently Asked Questions

Can I hold both HSCSX and CSMDX in my portfolio?

With a correlation of 0.92, HSCSX and CSMDX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, HSCSX or CSMDX?

HSCSX has higher volatility (5.72%) compared to CSMDX (3.70%). In terms of maximum drawdown, HSCSX dropped -55.79% vs CSMDX's -37.28%.

Which has better risk-adjusted returns?

CSMDX currently has the higher Sharpe Ratio (1.27 vs 1.10), 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.