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NSMRX vs. FTHSX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

NSMRX vs. FTHSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Small/Mid Cap Value Fund (NSMRX) and FullerThaler Behavioral Small-Cap Equity Fund Class I (FTHSX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, NSMRX achieves a 18.66% return, which is significantly higher than FTHSX's 14.90% return. Over the past 10 years, NSMRX has underperformed FTHSX with an annualized return of 12.55%, while FTHSX has yielded a comparatively higher 13.99% annualized return.


NSMRX

1D
1.10%
1M
-0.60%
6M
12.26%
YTD
18.66%
1Y
30.07%
3Y*
19.36%
5Y*
13.61%
10Y*
12.55%

FTHSX

1D
1.34%
1M
1.09%
6M
11.24%
YTD
14.90%
1Y
25.21%
3Y*
18.95%
5Y*
12.64%
10Y*
13.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NSMRX vs. FTHSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
NSMRX
Nuveen Small/Mid Cap Value Fund
18.66%12.10%20.17%14.45%-5.69%39.41%0.97%30.56%-19.00%10.35%
FTHSX
FullerThaler Behavioral Small-Cap Equity Fund Class I
14.90%12.02%16.17%22.55%-7.49%30.83%10.38%28.06%-13.18%17.35%

Correlation

The correlation between NSMRX and FTHSX is 0.87, 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

0.87

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

0.92

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

0.93

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

0.92

Correlation (All Time)
Calculated using the full available price history since Oct 28, 2015

0.92

The correlation between NSMRX and FTHSX has been stable across timeframes, ranging from 0.87 to 0.93 - a consistent structural relationship.

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Return for Risk

NSMRX vs. FTHSX — Risk / Return Rank

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

NSMRX
NSMRX Risk / Return Rank: 6464
Overall Rank
NSMRX Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
NSMRX Sortino Ratio Rank: 5959
Sortino Ratio Rank
NSMRX Omega Ratio Rank: 5151
Omega Ratio Rank
NSMRX Calmar Ratio Rank: 7979
Calmar Ratio Rank
NSMRX Martin Ratio Rank: 7171
Martin Ratio Rank

FTHSX
FTHSX Risk / Return Rank: 6060
Overall Rank
FTHSX Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
FTHSX Sortino Ratio Rank: 6161
Sortino Ratio Rank
FTHSX Omega Ratio Rank: 4949
Omega Ratio Rank
FTHSX Calmar Ratio Rank: 7373
Calmar Ratio Rank
FTHSX Martin Ratio Rank: 6262
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.

NSMRX vs. FTHSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Small/Mid Cap Value Fund (NSMRX) and FullerThaler Behavioral Small-Cap Equity Fund Class I (FTHSX). 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.


NSMRXFTHSXDifference
Sharpe ratioReturn per unit of total volatility

+0.05

Sortino ratioReturn per unit of downside risk

-0.03

Omega ratioGain probability vs. loss probability

1.29

1.29

+0.01

Calmar ratioReturn relative to maximum drawdown

2.88

2.66

+0.22

Martin ratioReturn relative to average drawdown

10.36

9.48

+0.88

NSMRX vs. FTHSX - Sharpe Ratio Comparison

The current NSMRX Sharpe Ratio is 1.70, which is comparable to the FTHSX Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of NSMRX and FTHSX, 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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Drawdowns

NSMRX vs. FTHSX - Drawdown Comparison

The maximum NSMRX drawdown since its inception was -68.14%, which is greater than FTHSX's maximum drawdown of -37.74%. Use the drawdown chart below to compare losses from any high point for NSMRX and FTHSX.


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Drawdown Indicators


NSMRXFTHSXDifference

Max Drawdown

Largest peak-to-trough decline

-68.14%

-37.74%

-30.40%

Max Drawdown (1Y)

Largest decline over 1 year

-10.55%

-9.42%

-1.13%

Max Drawdown (3Y)

Largest decline over 3 years

-24.02%

-24.58%

+0.56%

Max Drawdown (5Y)

Largest decline over 5 years

-24.02%

-24.58%

+0.56%

Max Drawdown (10Y)

Largest decline over 10 years

-44.57%

-37.74%

-6.83%

Current Drawdown

Current decline from peak

-2.51%

-0.64%

-1.87%

Average Drawdown

Average peak-to-trough decline

-11.37%

-5.60%

-5.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.92%

2.63%

+0.29%

Volatility

NSMRX vs. FTHSX - Volatility Comparison

Nuveen Small/Mid Cap Value Fund (NSMRX) has a higher volatility of 5.28% compared to FullerThaler Behavioral Small-Cap Equity Fund Class I (FTHSX) at 4.00%. This indicates that NSMRX's price experiences larger fluctuations and is considered to be riskier than FTHSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NSMRXFTHSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.28%

4.00%

+1.28%

Volatility (6M)

Calculated over the trailing 6-month period

13.33%

10.97%

+2.36%

Volatility (1Y)

Calculated over the trailing 1-year period

17.93%

15.20%

+2.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.35%

18.86%

+0.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.37%

20.06%

+1.31%

NSMRX vs. FTHSX - Expense Ratio Comparison

NSMRX has a 1.05% expense ratio, which is higher than FTHSX's 0.76% expense ratio.


Dividends

NSMRX vs. FTHSX - Dividend Comparison

NSMRX's dividend yield for the trailing twelve months is around 5.80%, more than FTHSX's 0.47% yield.


PositionTTM20252024202320222021202020192018201720162015
FTHSX
FullerThaler Behavioral Small-Cap Equity Fund Class I
0.47%0.54%8.05%1.81%1.23%3.77%0.35%0.39%0.55%0.26%0.00%15.40%
NSMRX
Nuveen Small/Mid Cap Value Fund
5.80%6.89%11.02%0.69%5.19%19.32%0.46%0.55%43.81%5.27%0.00%0.00%

Frequently Asked Questions


NSMRX and FTHSX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

NSMRX has higher volatility (5.28%) compared to FTHSX (4.00%). In terms of maximum drawdown, NSMRX dropped -68.14% vs FTHSX's -37.74%.

NSMRX currently has the higher Sharpe Ratio (1.70 vs 1.65), 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.

Portfolio Optimizer

Find the right allocation for NSMRX and FTHSX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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