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LLSCX vs. BRMKX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

LLSCX vs. BRMKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Longleaf Partners Small-Cap Fund (LLSCX) and iShares Russell Mid-Cap Index Fund (BRMKX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, LLSCX achieves a -6.08% return, which is significantly lower than BRMKX's 12.81% return. Over the past 10 years, LLSCX has underperformed BRMKX with an annualized return of 5.72%, while BRMKX has yielded a comparatively higher 11.68% annualized return.


LLSCX

1D
-0.58%
1M
-3.05%
YTD
-6.08%
6M
-5.80%
1Y
-1.64%
3Y*
8.14%
5Y*
0.52%
10Y*
5.72%

BRMKX

1D
0.69%
1M
4.12%
YTD
12.81%
6M
12.55%
1Y
22.09%
3Y*
17.50%
5Y*
8.37%
10Y*
11.68%
*Multi-year figures are annualized to reflect compound growth (CAGR)

LLSCX vs. BRMKX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
LLSCX
Longleaf Partners Small-Cap Fund
-6.08%7.56%9.69%20.17%-19.25%11.18%4.17%27.74%-6.52%9.07%
BRMKX
iShares Russell Mid-Cap Index Fund
12.81%10.48%15.28%17.30%-17.22%22.52%17.17%30.47%-9.09%17.74%

Correlation

The correlation between LLSCX and BRMKX is 0.70, 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

0.70

Correlation (3Y)
Calculated over the trailing 3-year period

0.78

Correlation (5Y)
Calculated over the trailing 5-year period

0.83

Correlation (10Y)
Calculated over the trailing 10-year period

0.80

Correlation (All Time)
Calculated using the full available price history since Jan 5, 2016

0.80

The correlation between LLSCX and BRMKX shifts across timeframes, from 0.70 (1 year) to 0.83 (5 years), reflecting how their relationship changes across market environments.

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Return for Risk

LLSCX vs. BRMKX — Risk / Return Rank

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

LLSCX
LLSCX Risk / Return Rank: 22
Overall Rank
LLSCX Sharpe Ratio Rank: 22
Sharpe Ratio Rank
LLSCX Sortino Ratio Rank: 22
Sortino Ratio Rank
LLSCX Omega Ratio Rank: 22
Omega Ratio Rank
LLSCX Calmar Ratio Rank: 22
Calmar Ratio Rank
LLSCX Martin Ratio Rank: 22
Martin Ratio Rank

BRMKX
BRMKX Risk / Return Rank: 4343
Overall Rank
BRMKX Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
BRMKX Sortino Ratio Rank: 3636
Sortino Ratio Rank
BRMKX Omega Ratio Rank: 3434
Omega Ratio Rank
BRMKX Calmar Ratio Rank: 5656
Calmar Ratio Rank
BRMKX Martin Ratio Rank: 5454
Martin Ratio Rank
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.

LLSCX vs. BRMKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Longleaf Partners Small-Cap Fund (LLSCX) and iShares Russell Mid-Cap Index Fund (BRMKX). 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.


LLSCXBRMKXDifference
Sharpe ratioReturn per unit of total volatility

-1.84

Sortino ratioReturn per unit of downside risk

-2.55

Omega ratioGain probability vs. loss probability

1.00

1.30

-0.31

Calmar ratioReturn relative to maximum drawdown

-0.10

2.87

-2.97

Martin ratioReturn relative to average drawdown

-0.26

11.07

-11.33

LLSCX vs. BRMKX - Sharpe Ratio Comparison

The current LLSCX Sharpe Ratio is -0.09, which is lower than the BRMKX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of LLSCX and BRMKX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


LLSCXBRMKXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.09

1.75

-1.84

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.03

0.46

-0.43

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.23

0.61

-0.37

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.62

-0.11

Drawdowns

LLSCX vs. BRMKX - Drawdown Comparison

The maximum LLSCX drawdown since its inception was -63.97%, which is greater than BRMKX's maximum drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for LLSCX and BRMKX.


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Drawdown Indicators


LLSCXBRMKXDifference

Max Drawdown

Largest peak-to-trough decline

-63.97%

-40.20%

-23.77%

Max Drawdown (1Y)

Largest decline over 1 year

-11.30%

-8.17%

-3.13%

Max Drawdown (3Y)

Largest decline over 3 years

-15.40%

-21.07%

+5.67%

Max Drawdown (5Y)

Largest decline over 5 years

-28.37%

-26.04%

-2.33%

Max Drawdown (10Y)

Largest decline over 10 years

-42.23%

-40.20%

-2.03%

Current Drawdown

Current decline from peak

-10.22%

0.00%

-10.22%

Average Drawdown

Average peak-to-trough decline

-8.90%

-5.65%

-3.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.44%

2.11%

+2.33%

Volatility

LLSCX vs. BRMKX - Volatility Comparison

Longleaf Partners Small-Cap Fund (LLSCX) and iShares Russell Mid-Cap Index Fund (BRMKX) have volatilities of 3.31% and 3.31%, 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.


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Volatility by Period


LLSCXBRMKXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.31%

3.31%

0.00%

Volatility (6M)

Calculated over the trailing 6-month period

8.52%

9.93%

-1.41%

Volatility (1Y)

Calculated over the trailing 1-year period

12.75%

13.42%

-0.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.97%

18.24%

-1.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.58%

19.32%

+5.26%

LLSCX vs. BRMKX - Expense Ratio Comparison

LLSCX has a 0.95% expense ratio, which is higher than BRMKX's 0.06% expense ratio.


Dividends

LLSCX vs. BRMKX - Dividend Comparison

LLSCX's dividend yield for the trailing twelve months is around 1.25%, less than BRMKX's 5.28% yield.


PositionTTM20252024202320222021202020192018201720162015
BRMKX
iShares Russell Mid-Cap Index Fund
5.28%5.92%6.43%3.02%3.67%4.07%2.86%3.95%3.87%19.24%2.11%0.00%
LLSCX
Longleaf Partners Small-Cap Fund
1.25%1.17%0.11%0.94%1.20%0.82%5.85%14.89%18.13%8.43%18.01%5.91%

Frequently Asked Questions


LLSCX and BRMKX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BRMKX has higher volatility (3.31%) compared to LLSCX (3.31%). In terms of maximum drawdown, LLSCX dropped -63.97% vs BRMKX's -40.20%.

BRMKX currently has the higher Sharpe Ratio (1.75 vs -0.09), 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.

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