HXBIX vs. STCIX
HXBIX (Virtus Newfleet Tax-Exempt Bond Fund) and STCIX (Virtus Silvant Large-Cap Growth Stock Fund) are both mutual funds - HXBIX is a Municipal Bonds fund managed by Virtus, while STCIX is a Large Cap Growth Equities fund managed by Virtus. Over the past 10 years, HXBIX returned 1.62%/yr vs 17.41%/yr for STCIX. At a correlation of -0.05, they often move in opposite directions. HXBIX charges 0.60%/yr vs 1.23%/yr for STCIX.
Performance
HXBIX vs. STCIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HXBIX achieves a 1.09% return, which is significantly higher than STCIX's 0.76% return. Over the past 10 years, HXBIX has underperformed STCIX with an annualized return of 1.62%, while STCIX has yielded a comparatively higher 17.41% annualized return.
HXBIX
- 1D
- 0.00%
- 1M
- 1.10%
- YTD
- 1.09%
- 6M
- 1.45%
- 1Y
- 5.80%
- 3Y*
- 2.97%
- 5Y*
- 0.45%
- 10Y*
- 1.62%
STCIX
- 1D
- -1.83%
- 1M
- -2.48%
- YTD
- 0.76%
- 6M
- -0.41%
- 1Y
- 17.12%
- 3Y*
- 21.33%
- 5Y*
- 13.07%
- 10Y*
- 17.41%
HXBIX vs. STCIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HXBIX Virtus Newfleet Tax-Exempt Bond Fund | 1.09% | 4.22% | 0.71% | 4.72% | -7.76% | 0.72% | 4.27% | 6.81% | 0.59% | 4.69% |
STCIX Virtus Silvant Large-Cap Growth Stock Fund | 0.76% | 18.87% | 32.68% | 48.92% | -29.37% | 23.90% | 36.00% | 34.08% | -1.12% | 26.84% |
Correlation
The correlation between HXBIX and STCIX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 1996 | -0.05 |
The correlation between HXBIX and STCIX shifts across timeframes, from -0.05 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HXBIX vs. STCIX — Risk / Return Rank
HXBIX
STCIX
HXBIX vs. STCIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Newfleet Tax-Exempt Bond Fund (HXBIX) and Virtus Silvant Large-Cap Growth Stock Fund (STCIX). 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.
| HXBIX | STCIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.38 | ||
| Sortino ratioReturn per unit of downside risk | +2.25 | ||
| Omega ratioGain probability vs. loss probability | 1.67 | 1.20 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | 1.13 | +1.17 |
| Martin ratioReturn relative to average drawdown | 7.65 | 3.90 | +3.75 |
Loading charts...
Drawdowns
HXBIX vs. STCIX - Drawdown Comparison
The maximum HXBIX drawdown since its inception was -13.93%, smaller than the maximum STCIX drawdown of -51.58%. Use the drawdown chart below to compare losses from any high point for HXBIX and STCIX.
Loading charts...
Drawdown Indicators
| HXBIX | STCIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.93% | -51.58% | +37.65% |
Max Drawdown (1Y)Largest decline over 1 year | -2.58% | -16.20% | +13.62% |
Max Drawdown (3Y)Largest decline over 3 years | -4.30% | -22.44% | +18.14% |
Max Drawdown (5Y)Largest decline over 5 years | -11.98% | -33.44% | +21.46% |
Max Drawdown (10Y)Largest decline over 10 years | -11.98% | -33.44% | +21.46% |
Current DrawdownCurrent decline from peak | -0.72% | -6.04% | +5.32% |
Average DrawdownAverage peak-to-trough decline | -1.86% | -10.13% | +8.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.77% | 4.67% | -3.90% |
Volatility
HXBIX vs. STCIX - Volatility Comparison
The current volatility for Virtus Newfleet Tax-Exempt Bond Fund (HXBIX) is 1.34%, while Virtus Silvant Large-Cap Growth Stock Fund (STCIX) has a volatility of 6.39%. This indicates that HXBIX experiences smaller price fluctuations and is considered to be less risky than STCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HXBIX | STCIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.34% | 6.39% | -5.05% |
Volatility (6M)Calculated over the trailing 6-month period | 1.99% | 13.01% | -11.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.39% | 16.49% | -14.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.07% | 22.07% | -19.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.29% | 21.83% | -18.54% |
HXBIX vs. STCIX - Expense Ratio Comparison
HXBIX has a 0.60% expense ratio, which is lower than STCIX's 1.23% expense ratio.
Dividends
HXBIX vs. STCIX - Dividend Comparison
HXBIX's dividend yield for the trailing twelve months is around 3.76%, more than STCIX's 2.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HXBIX Virtus Newfleet Tax-Exempt Bond Fund | 3.76% | 3.01% | 2.47% | 2.61% | 2.58% | 2.05% | 2.93% | 2.60% | 3.41% | 3.51% | 2.78% | 2.87% |
STCIX Virtus Silvant Large-Cap Growth Stock Fund | 2.55% | 2.15% | 1.15% | 3.61% | 7.72% | 12.40% | 11.52% | 14.30% | 19.54% | 52.96% | 17.29% | 9.82% |
Frequently Asked Questions
HXBIX and STCIX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STCIX has higher volatility (6.39%) compared to HXBIX (1.34%). In terms of maximum drawdown, HXBIX dropped -13.93% vs STCIX's -51.58%.
HXBIX currently has the higher Sharpe Ratio (2.49 vs 1.11), 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.
Find the right allocation for HXBIX and STCIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer