LYRIX vs. NCBVX

Last updated Jun 23, 2026

LYRIX (Lyrical U.S. Value Equity Fund) and NCBVX (PGIM Quant Solutions Mid-Cap Value Fund) are both Mid Cap Value Equities funds. Over the past 10 years, LYRIX returned 11.79%/yr vs 8.00%/yr for NCBVX. Their correlation of 0.92 suggests significant overlap in exposure. LYRIX charges 1.01%/yr vs 1.95%/yr for NCBVX.

Performance

LYRIX vs. NCBVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lyrical U.S. Value Equity Fund (LYRIX) and PGIM Quant Solutions Mid-Cap Value Fund (NCBVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LYRIX achieves a 11.85% return, which is significantly lower than NCBVX's 17.24% return. Over the past 10 years, LYRIX has outperformed NCBVX with an annualized return of 11.79%, while NCBVX has yielded a comparatively lower 8.00% annualized return.

LYRIX

• 1D: 0.81%
• 1M: 2.84%
• YTD: 11.85%
• 6M: 10.48%
• 1Y: 21.82%
• 3Y*: 20.44%
• 5Y*: 11.69%
• 10Y*: 11.79%

NCBVX

• 1D: 0.81%
• 1M: 3.29%
• YTD: 17.24%
• 6M: 15.32%
• 1Y: 32.13%
• 3Y*: 16.40%
• 5Y*: 9.39%
• 10Y*: 8.00%

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

LYRIX vs. NCBVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LYRIX Lyrical U.S. Value Equity Fund	11.85%	17.86%	13.12%	27.62%	-17.33%	30.11%	8.64%	26.72%	-19.74%	21.39%
NCBVX PGIM Quant Solutions Mid-Cap Value Fund	17.24%	11.86%	10.49%	10.40%	-10.18%	33.13%	-7.31%	18.78%	-20.51%	11.63%

Correlation

The correlation between LYRIX and NCBVX is 0.86, 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	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.92

The correlation between LYRIX and NCBVX has been stable across timeframes, ranging from 0.86 to 0.92 - a consistent structural relationship.

Return for Risk

LYRIX vs. NCBVX — Risk / Return Rank

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

LYRIX

LYRIX Risk / Return Rank: 26
LYRIX Sharpe Ratio Rank: 24
LYRIX Sortino Ratio Rank: 23
LYRIX Omega Ratio Rank: 23
LYRIX Calmar Ratio Rank: 27
LYRIX Martin Ratio Rank: 30

NCBVX

NCBVX Risk / Return Rank: 84
NCBVX Sharpe Ratio Rank: 81
NCBVX Sortino Ratio Rank: 80
NCBVX Omega Ratio Rank: 71
NCBVX Calmar Ratio Rank: 94
NCBVX Martin Ratio Rank: 94

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.

LYRIX vs. NCBVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyrical U.S. Value Equity Fund (LYRIX) and PGIM Quant Solutions Mid-Cap Value Fund (NCBVX). 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.

	LYRIX	NCBVX	Difference
Sharpe ratio: Return per unit of total volatility	1.31	2.44	-1.14
Sortino ratio: Return per unit of downside risk	1.86	3.46	-1.59
Omega ratio: Gain probability vs. loss probability	1.24	1.43	-0.19
Calmar ratio: Return relative to maximum drawdown	1.81	5.14	-3.33
Martin ratio: Return relative to average drawdown	6.53	18.54	-12.01

LYRIX vs. NCBVX - Sharpe Ratio Comparison

The current LYRIX Sharpe Ratio is 1.31, which is lower than the NCBVX Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of LYRIX and NCBVX, 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

LYRIX vs. NCBVX - Drawdown Comparison

The maximum LYRIX drawdown since its inception was -53.90%, smaller than the maximum NCBVX drawdown of -60.64%. Use the drawdown chart below to compare losses from any high point for LYRIX and NCBVX.

Drawdown Indicators

	LYRIX	NCBVX	Difference
Max Drawdown Largest peak-to-trough decline	-53.90%	-60.64%	+6.74%
Max Drawdown (1Y) Largest decline over 1 year	-12.20%	-6.31%	-5.89%
Max Drawdown (3Y) Largest decline over 3 years	-19.60%	-21.27%	+1.67%
Max Drawdown (5Y) Largest decline over 5 years	-27.51%	-23.15%	-4.36%
Max Drawdown (10Y) Largest decline over 10 years	-53.90%	-57.50%	+3.60%
Current Drawdown Current decline from peak	-1.97%	-0.69%	-1.28%
Average Drawdown Average peak-to-trough decline	-7.79%	-9.09%	+1.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.37%	1.75%	+1.62%

Volatility

LYRIX vs. NCBVX - Volatility Comparison

Lyrical U.S. Value Equity Fund (LYRIX) has a higher volatility of 5.58% compared to PGIM Quant Solutions Mid-Cap Value Fund (NCBVX) at 4.12%. This indicates that LYRIX's price experiences larger fluctuations and is considered to be riskier than NCBVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LYRIX	NCBVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.58%	4.12%	+1.46%
Volatility (6M) Calculated over the trailing 6-month period	13.37%	9.80%	+3.57%
Volatility (1Y) Calculated over the trailing 1-year period	16.87%	13.29%	+3.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.29%	18.80%	+1.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.13%	22.68%	+1.45%

LYRIX vs. NCBVX - Expense Ratio Comparison

LYRIX has a 1.01% expense ratio, which is lower than NCBVX's 1.95% expense ratio.

Dividends

LYRIX vs. NCBVX - Dividend Comparison

LYRIX's dividend yield for the trailing twelve months is around 4.76%, more than NCBVX's 0.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LYRIX Lyrical U.S. Value Equity Fund	4.76%	5.32%	0.43%	0.44%	5.60%	0.13%	0.77%	5.22%	10.50%	6.98%	3.00%	2.78%
NCBVX PGIM Quant Solutions Mid-Cap Value Fund	0.58%	0.68%	1.03%	1.59%	1.17%	0.74%	1.60%	1.93%	13.70%	6.69%	2.83%	7.89%

Frequently Asked Questions

Can I hold both LYRIX and NCBVX in my portfolio?

LYRIX and NCBVX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LYRIX or NCBVX?

LYRIX has higher volatility (5.58%) compared to NCBVX (4.12%). In terms of maximum drawdown, LYRIX dropped -53.90% vs NCBVX's -60.64%.

Which has better risk-adjusted returns?

NCBVX currently has the higher Sharpe Ratio (2.44 vs 1.31), 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.