MMEYX vs. PCFIX

Last updated Apr 1, 2026

Compare and contrast key facts about Victory Integrity Discovery Fund (MMEYX) and PIMCO RAE PLUS Small Fund (PCFIX).

MMEYX is managed by Victory. It was launched on Dec 26, 1996. PCFIX is managed by PIMCO. It was launched on Sep 30, 2011.

Performance

MMEYX vs. PCFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victory Integrity Discovery Fund (MMEYX) and PIMCO RAE PLUS Small Fund (PCFIX). The values are adjusted to include any dividend payments, if applicable.

MMEYX vs. PCFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MMEYX Victory Integrity Discovery Fund	6.96%	14.25%	11.36%	14.83%	-12.01%	37.20%	-1.34%	21.60%	-16.10%	11.07%
PCFIX PIMCO RAE PLUS Small Fund	-2.10%	6.78%	20.88%	18.04%	-12.46%	-36.92%	9.77%	21.53%	-12.19%	12.90%

Returns By Period

In the year-to-date period, MMEYX achieves a 6.96% return, which is significantly higher than PCFIX's -2.10% return. Over the past 10 years, MMEYX has outperformed PCFIX with an annualized return of 10.78%, while PCFIX has yielded a comparatively lower 3.59% annualized return.

MMEYX

• 1D: -0.80%
• 1M: -4.29%
• YTD: 6.96%
• 6M: 10.49%
• 1Y: 32.77%
• 3Y*: 17.18%
• 5Y*: 8.44%
• 10Y*: 10.78%

PCFIX

• 1D: -0.95%
• 1M: -7.45%
• YTD: -2.10%
• 6M: 1.30%
• 1Y: 14.37%
• 3Y*: 14.75%
• 5Y*: -8.08%
• 10Y*: 3.59%

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

MMEYX vs. PCFIX - Expense Ratio Comparison

MMEYX has a 1.38% expense ratio, which is higher than PCFIX's 0.85% expense ratio.

MMEYX

Victory Integrity Discovery Fund

PCFIX

PIMCO RAE PLUS Small Fund

Return for Risk

MMEYX vs. PCFIX — Risk / Return Rank

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

MMEYX

MMEYX Risk / Return Rank: 78
MMEYX Sharpe Ratio Rank: 77
MMEYX Sortino Ratio Rank: 79
MMEYX Omega Ratio Rank: 70
MMEYX Calmar Ratio Rank: 84
MMEYX Martin Ratio Rank: 81

PCFIX

PCFIX Risk / Return Rank: 28
PCFIX Sharpe Ratio Rank: 27
PCFIX Sortino Ratio Rank: 30
PCFIX Omega Ratio Rank: 26
PCFIX Calmar Ratio Rank: 28
PCFIX Martin Ratio Rank: 30

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.

MMEYX vs. PCFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victory Integrity Discovery Fund (MMEYX) and PIMCO RAE PLUS Small Fund (PCFIX). 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.

	MMEYX	PCFIX	Difference
Sharpe ratio Return per unit of total volatility	1.39	0.66	+0.73
Sortino ratio Return per unit of downside risk	2.00	1.07	+0.93
Omega ratio Gain probability vs. loss probability	1.27	1.14	+0.12
Calmar ratio Return relative to maximum drawdown	2.11	0.80	+1.30
Martin ratio Return relative to average drawdown	8.08	3.22	+4.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MMEYX vs. PCFIX - Sharpe Ratio Comparison

The current MMEYX Sharpe Ratio is 1.39, which is higher than the PCFIX Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of MMEYX and PCFIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MMEYX	PCFIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	0.66	+0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	-0.24	+0.62
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.12	+0.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.29	+0.19

Correlation

The correlation between MMEYX and PCFIX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

MMEYX vs. PCFIX - Dividend Comparison

MMEYX's dividend yield for the trailing twelve months is around 9.05%, more than PCFIX's 3.05% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MMEYX Victory Integrity Discovery Fund	9.05%	9.68%	8.36%	1.33%	8.53%	4.34%	0.00%	2.17%	14.87%	10.31%	3.73%	7.64%
PCFIX PIMCO RAE PLUS Small Fund	3.05%	2.24%	6.12%	2.12%	13.29%	96.19%	18.00%	2.63%	12.78%	9.33%	0.00%	26.50%

Drawdowns

MMEYX vs. PCFIX - Drawdown Comparison

The maximum MMEYX drawdown since its inception was -69.05%, roughly equal to the maximum PCFIX drawdown of -67.77%. Use the drawdown chart below to compare losses from any high point for MMEYX and PCFIX.

Drawdown Indicators

	MMEYX	PCFIX	Difference
Max Drawdown Largest peak-to-trough decline	-69.05%	-67.77%	-1.28%
Max Drawdown (1Y) Largest decline over 1 year	-13.92%	-15.69%	+1.77%
Max Drawdown (5Y) Largest decline over 5 years	-26.82%	-67.77%	+40.95%
Max Drawdown (10Y) Largest decline over 10 years	-54.35%	-67.77%	+13.42%
Current Drawdown Current decline from peak	-5.84%	-45.84%	+40.00%
Average Drawdown Average peak-to-trough decline	-15.65%	-21.20%	+5.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.63%	3.92%	-0.29%

Volatility

MMEYX vs. PCFIX - Volatility Comparison

Victory Integrity Discovery Fund (MMEYX) has a higher volatility of 6.30% compared to PIMCO RAE PLUS Small Fund (PCFIX) at 5.43%. This indicates that MMEYX's price experiences larger fluctuations and is considered to be riskier than PCFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MMEYX	PCFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.30%	5.43%	+0.87%
Volatility (6M) Calculated over the trailing 6-month period	14.03%	12.64%	+1.39%
Volatility (1Y) Calculated over the trailing 1-year period	23.40%	22.79%	+0.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.48%	33.66%	-11.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.36%	30.13%	-4.77%