ICISX vs. SCYVX

Last updated Jul 15, 2026

ICISX (VY Columbia Small Cap Value II Portfolio) and SCYVX (AB Small Cap Value Portfolio) are both Small Cap Value Equities funds. Over the past 10 years, ICISX returned 10.73%/yr vs 9.19%/yr for SCYVX. Their correlation of 0.94 suggests significant overlap in exposure. Both charge a 0.92% expense ratio.

Performance

ICISX vs. SCYVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VY Columbia Small Cap Value II Portfolio (ICISX) and AB Small Cap Value Portfolio (SCYVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ICISX achieves a 24.13% return, which is significantly lower than SCYVX's 26.59% return. Over the past 10 years, ICISX has outperformed SCYVX with an annualized return of 10.73%, while SCYVX has yielded a comparatively lower 9.19% annualized return.

ICISX

• 1D: 0.23%
• 1M: 1.76%
• 6M: 18.78%
• YTD: 24.13%
• 1Y: 35.56%
• 3Y*: 16.78%
• 5Y*: 10.03%
• 10Y*: 10.73%

SCYVX

• 1D: 0.00%
• 1M: 1.42%
• 6M: 19.97%
• YTD: 26.59%
• 1Y: 28.21%
• 3Y*: 14.27%
• 5Y*: 6.46%
• 10Y*: 9.19%

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

ICISX vs. SCYVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ICISX VY Columbia Small Cap Value II Portfolio	24.13%	8.38%	11.15%	14.13%	-13.57%	34.53%	9.95%	20.26%	-17.54%	11.24%
SCYVX AB Small Cap Value Portfolio	26.59%	-0.02%	11.46%	7.82%	-16.68%	35.56%	3.45%	25.72%	-16.43%	8.97%

Correlation

The correlation between ICISX and SCYVX is 0.82, 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	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015	0.94

The correlation between ICISX and SCYVX shifts across timeframes, from 0.82 (1 year) to 0.94 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ICISX vs. SCYVX — Risk / Return Rank

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

ICISX

ICISX Risk / Return Rank: 87
ICISX Sharpe Ratio Rank: 86
ICISX Sortino Ratio Rank: 85
ICISX Omega Ratio Rank: 79
ICISX Calmar Ratio Rank: 93
ICISX Martin Ratio Rank: 91

SCYVX

SCYVX Risk / Return Rank: 65
SCYVX Sharpe Ratio Rank: 58
SCYVX Sortino Ratio Rank: 63
SCYVX Omega Ratio Rank: 53
SCYVX Calmar Ratio Rank: 86
SCYVX Martin Ratio Rank: 65

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.

ICISX vs. SCYVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VY Columbia Small Cap Value II Portfolio (ICISX) and AB Small Cap Value Portfolio (SCYVX). 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.

	ICISX	SCYVX	Difference
Sharpe ratio: Return per unit of total volatility	2.26	1.67	+0.59
Sortino ratio: Return per unit of downside risk	3.27	2.46	+0.81
Omega ratio: Gain probability vs. loss probability	1.39	1.30	+0.09
Calmar ratio: Return relative to maximum drawdown	4.02	3.27	+0.75
Martin ratio: Return relative to average drawdown	14.06	9.68	+4.38

ICISX vs. SCYVX - Sharpe Ratio Comparison

The current ICISX Sharpe Ratio is 2.26, which is higher than the SCYVX Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of ICISX and SCYVX, 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

ICISX vs. SCYVX - Drawdown Comparison

The maximum ICISX drawdown since its inception was -59.91%, which is greater than SCYVX's maximum drawdown of -47.74%. Use the drawdown chart below to compare losses from any high point for ICISX and SCYVX.

Drawdown Indicators

	ICISX	SCYVX	Difference
Max Drawdown Largest peak-to-trough decline	-59.91%	-47.74%	-12.17%
Max Drawdown (1Y) Largest decline over 1 year	-9.50%	-8.71%	-0.79%
Max Drawdown (3Y) Largest decline over 3 years	-28.05%	-27.12%	-0.93%
Max Drawdown (5Y) Largest decline over 5 years	-28.05%	-29.12%	+1.07%
Max Drawdown (10Y) Largest decline over 10 years	-49.01%	-47.74%	-1.27%
Current Drawdown Current decline from peak	-0.74%	-1.59%	+0.85%
Average Drawdown Average peak-to-trough decline	-10.76%	-9.38%	-1.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	2.94%	-0.31%

Volatility

ICISX vs. SCYVX - Volatility Comparison

VY Columbia Small Cap Value II Portfolio (ICISX) and AB Small Cap Value Portfolio (SCYVX) have volatilities of 4.24% and 4.32%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ICISX	SCYVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.24%	4.32%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	11.91%	11.43%	+0.48%
Volatility (1Y) Calculated over the trailing 1-year period	16.96%	17.12%	-0.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.57%	21.64%	-0.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.60%	23.89%	-0.29%

ICISX vs. SCYVX - Expense Ratio Comparison

Both ICISX and SCYVX have an expense ratio of 0.92%.

Dividends

ICISX vs. SCYVX - Dividend Comparison

ICISX's dividend yield for the trailing twelve months is around 22.52%, more than SCYVX's 3.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ICISX VY Columbia Small Cap Value II Portfolio	22.52%	27.95%	11.14%	7.68%	17.24%	0.74%	4.30%	13.90%	14.67%	4.45%	4.26%	0.62%
SCYVX AB Small Cap Value Portfolio	3.85%	4.87%	4.23%	0.52%	5.15%	7.39%	0.55%	5.37%	6.44%	5.67%	0.54%	0.52%

Frequently Asked Questions

Can I hold both ICISX and SCYVX in my portfolio?

ICISX and SCYVX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ICISX or SCYVX?

SCYVX has higher volatility (4.32%) compared to ICISX (4.24%). In terms of maximum drawdown, ICISX dropped -59.91% vs SCYVX's -47.74%.

Which has better risk-adjusted returns?

ICISX currently has the higher Sharpe Ratio (2.26 vs 1.67), 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.