LYRIX vs. VMFVX

Last updated Aug 1, 2026

LYRIX (Lyrical U.S. Value Equity Fund) and VMFVX (Vanguard S&P Mid-Cap 400 Value Index Fund Institutional Shares) are both Mid Cap Value Equities funds. Over the past 10 years, LYRIX returned 12.14%/yr vs 10.61%/yr for VMFVX. Their correlation of 0.91 means they have usually moved in the same direction. LYRIX charges 1.01%/yr vs 0.08%/yr for VMFVX.

Performance

LYRIX vs. VMFVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lyrical U.S. Value Equity Fund (LYRIX) and Vanguard S&P Mid-Cap 400 Value Index Fund Institutional Shares (VMFVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LYRIX achieves a 16.22% return, which is significantly higher than VMFVX's 13.52% return. Over the past 10 years, LYRIX has outperformed VMFVX with an annualized return of 12.14%, while VMFVX has yielded a comparatively lower 10.61% annualized return.

LYRIX

• 1D: 0.18%
• 1M: 2.19%
• 6M: 16.46%
• YTD: 16.22%
• 1Y: 24.84%
• 3Y*: 19.58%
• 5Y*: 11.90%
• 10Y*: 12.14%
• ALL TIME*: 10.54%

VMFVX

• 1D: 0.11%
• 1M: 1.00%
• 6M: 9.03%
• YTD: 13.52%
• 1Y: 23.10%
• 3Y*: 12.01%
• 5Y*: 9.25%
• 10Y*: 10.61%
• ALL TIME*: 10.87%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LYRIX Lyrical U.S. Value Equity Fund	$0.00	$0.00	$0.00
VMFVX Vanguard S&P Mid-Cap 400 Value Index Fund Institutional Shares	$0.00	$0.00	$0.00

LYRIX vs. VMFVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LYRIX Lyrical U.S. Value Equity Fund	16.22%	17.86%	13.12%	27.62%	-17.33%	30.11%	8.64%	26.72%	-19.74%	21.39%
VMFVX Vanguard S&P Mid-Cap 400 Value Index Fund Institutional Shares	13.52%	7.57%	10.59%	16.49%	-7.03%	30.54%	3.68%	26.18%	-11.90%	12.27%

Correlation

The correlation between LYRIX and VMFVX is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.79
Correlation (3Y) Balances recent behavior with more history.	0.86
Correlation (5Y) Shows whether the relationship held over a longer period.	0.90
Correlation (10Y) Provides a long-term view across more market conditions.	0.91
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.91

The correlation between LYRIX and VMFVX shifts across timeframes, from 0.79 (1 year) to 0.91 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LYRIX vs. VMFVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LYRIX

LYRIX Risk / Return Rank: 51
LYRIX Sharpe Ratio Rank: 52
LYRIX Sortino Ratio Rank: 51
LYRIX Omega Ratio Rank: 50
LYRIX Calmar Ratio Rank: 52
LYRIX Martin Ratio Rank: 50

VMFVX

VMFVX Risk / Return Rank: 54
VMFVX Sharpe Ratio Rank: 54
VMFVX Sortino Ratio Rank: 59
VMFVX Omega Ratio Rank: 50
VMFVX Calmar Ratio Rank: 56
VMFVX Martin Ratio Rank: 51

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LYRIX vs. VMFVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyrical U.S. Value Equity Fund (LYRIX) and Vanguard S&P Mid-Cap 400 Value Index Fund Institutional Shares (VMFVX). 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	VMFVX	Difference
Sharpe ratio: Return per unit of total volatility	1.39	1.35	+0.03
Sortino ratio: Return per unit of downside risk	1.99	2.07	-0.08
Omega ratio: Gain probability vs. loss probability	1.25	1.24	+0.01
Calmar ratio: Return relative to maximum drawdown	1.93	1.92	+0.01
Martin ratio: Return relative to average drawdown	7.03	6.84	+0.19

LYRIX vs. VMFVX - Sharpe Ratio Comparison

The current LYRIX Sharpe Ratio is 1.39, which is comparable to the VMFVX Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of LYRIX and VMFVX, 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. VMFVX - Drawdown Comparison

The maximum LYRIX drawdown since its inception was -53.90%, which is greater than VMFVX's maximum drawdown of -45.79%. Use the drawdown chart below to compare losses from any high point for LYRIX and VMFVX.

Drawdown Indicators

	LYRIX	VMFVX	Difference
Max Drawdown Largest peak-to-trough decline	-53.90%	-45.79%	-8.11%
Max Drawdown (1Y) Largest decline over 1 year	-12.20%	-10.52%	-1.68%
Max Drawdown (3Y) Largest decline over 3 years	-19.60%	-22.46%	+2.86%
Max Drawdown (5Y) Largest decline over 5 years	-27.51%	-22.46%	-5.05%
Max Drawdown (10Y) Largest decline over 10 years	-53.90%	-45.79%	-8.11%
Current Drawdown Current decline from peak	-0.95%	-1.01%	+0.06%
Average Drawdown Average peak-to-trough decline	-7.73%	-5.43%	-2.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.34%	2.96%	+0.38%

Volatility

LYRIX vs. VMFVX - Volatility Comparison

Lyrical U.S. Value Equity Fund (LYRIX) has a higher volatility of 4.07% compared to Vanguard S&P Mid-Cap 400 Value Index Fund Institutional Shares (VMFVX) at 3.41%. This indicates that LYRIX's price experiences larger fluctuations and is considered to be riskier than VMFVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LYRIX	VMFVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.07%	3.41%	+0.66%
Volatility (6M) Calculated over the trailing 6-month period	13.26%	10.33%	+2.93%
Volatility (1Y) Calculated over the trailing 1-year period	16.96%	14.96%	+2.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.19%	19.27%	+0.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.99%	21.81%	+2.18%

LYRIX vs. VMFVX - Expense Ratio Comparison

LYRIX has a 1.01% expense ratio, which is higher than VMFVX's 0.08% expense ratio.

Dividends

LYRIX vs. VMFVX - Dividend Comparison

LYRIX's dividend yield for the trailing twelve months is around 4.58%, more than VMFVX's 1.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LYRIX Lyrical U.S. Value Equity Fund	4.58%	5.32%	0.43%	0.44%	5.60%	0.13%	0.77%	5.22%	10.50%	6.98%	3.00%	2.78%
VMFVX Vanguard S&P Mid-Cap 400 Value Index Fund Institutional Shares	1.66%	1.88%	1.81%	1.58%	2.04%	1.81%	2.48%	1.94%	2.01%	1.56%	1.42%	1.73%

Frequently Asked Questions

Can I hold both LYRIX and VMFVX in my portfolio?

LYRIX and VMFVX have a correlation of 0.79, 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 VMFVX?

LYRIX has higher volatility (4.07%) compared to VMFVX (3.41%). In terms of maximum drawdown, LYRIX dropped -53.90% vs VMFVX's -45.79%.

Which has better risk-adjusted returns?

LYRIX currently has the higher Sharpe Ratio (1.39 vs 1.35), 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.