MPMCX vs. DREVX

Last updated Jun 26, 2026

MPMCX (BNY Mellon Mid Cap Multi-Strategy Fund) and DREVX (BNY Mellon Large Cap Securities Fund) are both mutual funds - MPMCX is a Mid Cap Growth Equities fund managed by BNY Mellon, while DREVX is a Large Cap Growth Equities fund managed by BNY Mellon. Their correlation of 0.90 suggests significant overlap in exposure. MPMCX charges 0.90%/yr vs 0.70%/yr for DREVX.

Performance

MPMCX vs. DREVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Mid Cap Multi-Strategy Fund (MPMCX) and BNY Mellon Large Cap Securities Fund (DREVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MPMCX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DREVX

• 1D: 0.00%
• 1M: -1.45%
• YTD: 5.18%
• 6M: 3.85%
• 1Y: 17.69%
• 3Y*: 20.49%
• 5Y*: 13.57%
• 10Y*: 15.99%

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

MPMCX vs. DREVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MPMCX BNY Mellon Mid Cap Multi-Strategy Fund	5.08%	3.40%	49.81%	18.30%	-18.35%	19.07%	22.87%	30.77%	-9.17%	18.68%
DREVX BNY Mellon Large Cap Securities Fund	5.18%	16.70%	27.17%	31.07%	-17.94%	27.17%	26.52%	27.09%	-1.29%	20.12%

Correlation

The correlation between MPMCX and DREVX is 0.67, 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	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.86
Correlation (All Time) Calculated using the full available price history since Sep 29, 2000	0.90

Over the past year, the correlation between MPMCX and DREVX has dropped to 0.67 - well below their long-term average of 0.90, suggesting their price drivers have been diverging.

Return for Risk

MPMCX vs. DREVX — Risk / Return Rank

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

MPMCX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

DREVX

DREVX Risk / Return Rank: 28
DREVX Sharpe Ratio Rank: 28
DREVX Sortino Ratio Rank: 26
DREVX Omega Ratio Rank: 27
DREVX Calmar Ratio Rank: 25
DREVX Martin Ratio Rank: 33

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.

MPMCX vs. DREVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Mid Cap Multi-Strategy Fund (MPMCX) and BNY Mellon Large Cap Securities Fund (DREVX). 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.

	MPMCX	DREVX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.27	—
Sortino ratio: Return per unit of downside risk	—	1.78	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	1.58	—
Martin ratio: Return relative to average drawdown	—	6.51	—

Drawdowns

Drawdown Indicators

	MPMCX	DREVX	Difference
Max Drawdown Largest peak-to-trough decline	—	-54.68%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.41%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.52%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.69%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.25%	—
Current Drawdown Current decline from peak	—	-2.59%	—
Average Drawdown Average peak-to-trough decline	—	-13.00%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.76%	—

Volatility

Volatility by Period

	MPMCX	DREVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.87%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.18%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	14.27%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	18.81%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.98%	—

MPMCX vs. DREVX - Expense Ratio Comparison

MPMCX has a 0.90% expense ratio, which is higher than DREVX's 0.70% expense ratio.

Dividends

MPMCX vs. DREVX - Dividend Comparison

MPMCX's dividend yield for the trailing twelve months is around 531.29%, more than DREVX's 10.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DREVX BNY Mellon Large Cap Securities Fund	10.05%	12.89%	8.77%	5.12%	4.82%	11.43%	6.28%	6.74%	9.01%	9.11%	8.71%	11.24%
MPMCX BNY Mellon Mid Cap Multi-Strategy Fund	531.29%	558.31%	53.86%	15.92%	13.31%	13.10%	7.73%	3.36%	8.53%	4.69%	1.71%	4.78%

Frequently Asked Questions

Can I hold both MPMCX and DREVX in my portfolio?

MPMCX and DREVX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.