PGFIX vs. PSTAX

Last updated Jun 4, 2026

PGFIX (Virtus Silvant Focused Growth Fund Class Inst) and PSTAX (Virtus KAR Capital Growth Fund) are both Large Cap Growth Equities funds from Virtus. Over the past 10 years, PGFIX returned 19.11%/yr vs 13.73%/yr for PSTAX. Their correlation of 0.93 suggests significant overlap in exposure. PGFIX charges 0.67%/yr vs 1.20%/yr for PSTAX.

Performance

PGFIX vs. PSTAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Silvant Focused Growth Fund Class Inst (PGFIX) and Virtus KAR Capital Growth Fund (PSTAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with PGFIX having a 7.51% return and PSTAX slightly higher at 7.63%. Over the past 10 years, PGFIX has outperformed PSTAX with an annualized return of 19.11%, while PSTAX has yielded a comparatively lower 13.73% annualized return.

PGFIX

• 1D: -0.93%
• 1M: 6.49%
• YTD: 7.51%
• 6M: 7.73%
• 1Y: 26.02%
• 3Y*: 29.16%
• 5Y*: 16.87%
• 10Y*: 19.11%

PSTAX

• 1D: -0.28%
• 1M: 11.00%
• YTD: 7.63%
• 6M: 5.82%
• 1Y: 10.30%
• 3Y*: 17.97%
• 5Y*: 7.04%
• 10Y*: 13.73%

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

PGFIX vs. PSTAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PGFIX Virtus Silvant Focused Growth Fund Class Inst	7.51%	20.55%	44.11%	53.88%	-34.27%	21.43%	49.12%	34.42%	-5.66%	31.76%
PSTAX Virtus KAR Capital Growth Fund	7.63%	6.85%	25.19%	34.35%	-35.74%	11.70%	46.13%	42.83%	-8.07%	35.13%

Correlation

The correlation between PGFIX and PSTAX is 0.85, 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	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Apr 1, 1999	0.93

The correlation between PGFIX and PSTAX has been stable across timeframes, ranging from 0.85 to 0.93 - a consistent structural relationship.

Return for Risk

PGFIX vs. PSTAX — Risk / Return Rank

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

PGFIX

PGFIX Risk / Return Rank: 28
PGFIX Sharpe Ratio Rank: 33
PGFIX Sortino Ratio Rank: 30
PGFIX Omega Ratio Rank: 30
PGFIX Calmar Ratio Rank: 22
PGFIX Martin Ratio Rank: 26

PSTAX

PSTAX Risk / Return Rank: 7
PSTAX Sharpe Ratio Rank: 8
PSTAX Sortino Ratio Rank: 8
PSTAX Omega Ratio Rank: 8
PSTAX Calmar Ratio Rank: 6
PSTAX Martin Ratio Rank: 6

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.

PGFIX vs. PSTAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Silvant Focused Growth Fund Class Inst (PGFIX) and Virtus KAR Capital Growth Fund (PSTAX). 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.

	PGFIX	PSTAX	Difference
Sharpe ratio: Return per unit of total volatility	1.66	0.64	+1.02
Sortino ratio: Return per unit of downside risk	2.31	1.00	+1.31
Omega ratio: Gain probability vs. loss probability	1.29	1.12	+0.17
Calmar ratio: Return relative to maximum drawdown	1.70	0.55	+1.15
Martin ratio: Return relative to average drawdown	6.31	1.72	+4.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PGFIX vs. PSTAX - Sharpe Ratio Comparison

The current PGFIX Sharpe Ratio is 1.66, which is higher than the PSTAX Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of PGFIX and PSTAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PGFIX	PSTAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.66	0.64	+1.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.28	+0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.84	0.58	+0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.34	+0.06

Drawdowns

PGFIX vs. PSTAX - Drawdown Comparison

The maximum PGFIX drawdown since its inception was -66.04%, smaller than the maximum PSTAX drawdown of -76.37%. Use the drawdown chart below to compare losses from any high point for PGFIX and PSTAX.

Drawdown Indicators

	PGFIX	PSTAX	Difference
Max Drawdown Largest peak-to-trough decline	-66.04%	-76.37%	+10.33%
Max Drawdown (1Y) Largest decline over 1 year	-15.94%	-19.58%	+3.64%
Max Drawdown (3Y) Largest decline over 3 years	-25.21%	-29.63%	+4.42%
Max Drawdown (5Y) Largest decline over 5 years	-38.15%	-44.54%	+6.39%
Max Drawdown (10Y) Largest decline over 10 years	-38.15%	-44.54%	+6.39%
Current Drawdown Current decline from peak	-0.93%	-3.53%	+2.60%
Average Drawdown Average peak-to-trough decline	-22.12%	-31.92%	+9.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.28%	6.25%	-1.97%

Volatility

PGFIX vs. PSTAX - Volatility Comparison

The current volatility for Virtus Silvant Focused Growth Fund Class Inst (PGFIX) is 4.07%, while Virtus KAR Capital Growth Fund (PSTAX) has a volatility of 5.47%. This indicates that PGFIX experiences smaller price fluctuations and is considered to be less risky than PSTAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PGFIX	PSTAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.07%	5.47%	-1.40%
Volatility (6M) Calculated over the trailing 6-month period	12.59%	13.60%	-1.01%
Volatility (1Y) Calculated over the trailing 1-year period	16.32%	16.84%	-0.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.73%	25.19%	-1.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.96%	23.66%	-0.70%

PGFIX vs. PSTAX - Expense Ratio Comparison

PGFIX has a 0.67% expense ratio, which is lower than PSTAX's 1.20% expense ratio.

Dividends

PGFIX vs. PSTAX - Dividend Comparison

PGFIX's dividend yield for the trailing twelve months is around 5.05%, less than PSTAX's 7.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PGFIX Virtus Silvant Focused Growth Fund Class Inst	5.05%	5.42%	10.27%	2.77%	7.28%	21.59%	9.64%	15.08%	14.71%	1.45%	2.69%	7.16%
PSTAX Virtus KAR Capital Growth Fund	7.04%	7.58%	14.19%	6.07%	23.19%	7.73%	3.15%	2.71%	11.57%	6.28%	8.98%	4.59%

Frequently Asked Questions

Can I hold both PGFIX and PSTAX in my portfolio?

PGFIX and PSTAX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PGFIX or PSTAX?

PSTAX has higher volatility (5.47%) compared to PGFIX (4.07%). In terms of maximum drawdown, PGFIX dropped -66.04% vs PSTAX's -76.37%.

Which has better risk-adjusted returns?

PGFIX currently has the higher Sharpe Ratio (1.66 vs 0.64), 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.