POLIX vs. POIIX

Last updated Jun 4, 2026

POLIX (Polen Growth Fund) and POIIX (Polen International Growth Fund) are both mutual funds - POLIX is a Large Cap Growth Equities fund managed by Polen Capital, while POIIX is a Foreign Large Cap Equities fund managed by Polen Capital. Over the past 5 years, POLIX returned 3.76%/yr vs -4.07%/yr for POIIX. A 0.77 correlation means they provide meaningful diversification when combined. POLIX charges 0.96%/yr vs 1.03%/yr for POIIX.

Performance

POLIX vs. POIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Polen Growth Fund (POLIX) and Polen International Growth Fund (POIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, POLIX achieves a -4.92% return, which is significantly higher than POIIX's -6.40% return.

POLIX

• 1D: -1.59%
• 1M: 4.71%
• YTD: -4.92%
• 6M: -5.43%
• 1Y: -0.39%
• 3Y*: 11.17%
• 5Y*: 3.76%
• 10Y*: 12.52%

POIIX

• 1D: -0.48%
• 1M: 2.84%
• YTD: -6.40%
• 6M: -6.94%
• 1Y: -12.09%
• 3Y*: -0.66%
• 5Y*: -4.07%
• 10Y*: —

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

POLIX vs. POIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
POLIX Polen Growth Fund	-4.92%	3.87%	22.57%	39.17%	-38.36%	23.51%	33.25%	37.34%	7.74%	25.18%
POIIX Polen International Growth Fund	-6.40%	-0.72%	-3.77%	27.81%	-29.90%	5.62%	9.80%	25.88%	-5.85%	33.67%

Correlation

The correlation between POLIX and POIIX is 0.74, 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	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017	0.77

The correlation between POLIX and POIIX has been stable across timeframes, ranging from 0.74 to 0.79 - a consistent structural relationship.

Return for Risk

POLIX vs. POIIX — Risk / Return Rank

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

POLIX

POLIX Risk / Return Rank: 3
POLIX Sharpe Ratio Rank: 3
POLIX Sortino Ratio Rank: 3
POLIX Omega Ratio Rank: 3
POLIX Calmar Ratio Rank: 3
POLIX Martin Ratio Rank: 2

POIIX

POIIX Risk / Return Rank: 1
POIIX Sharpe Ratio Rank: 1
POIIX Sortino Ratio Rank: 1
POIIX Omega Ratio Rank: 1
POIIX Calmar Ratio Rank: 1
POIIX Martin Ratio Rank: 1

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.

POLIX vs. POIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Polen Growth Fund (POLIX) and Polen International Growth Fund (POIIX). 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.

	POLIX	POIIX	Difference
Sharpe ratio Return per unit of total volatility	0.00	-0.67	+0.67
Sortino ratio Return per unit of downside risk	0.11	-0.83	+0.94
Omega ratio Gain probability vs. loss probability	1.01	0.90	+0.11
Calmar ratio Return relative to maximum drawdown	0.00	-0.57	+0.57
Martin ratio Return relative to average drawdown	0.00	-1.30	+1.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

POLIX vs. POIIX - Sharpe Ratio Comparison

The current POLIX Sharpe Ratio is 0.00, which is higher than the POIIX Sharpe Ratio of -0.67. The chart below compares the historical Sharpe Ratios of POLIX and POIIX, 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

	POLIX	POIIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.00	-0.67	+0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.17	-0.21	+0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.23	+0.44

Drawdowns

POLIX vs. POIIX - Drawdown Comparison

The maximum POLIX drawdown since its inception was -42.84%, which is greater than POIIX's maximum drawdown of -38.81%. Use the drawdown chart below to compare losses from any high point for POLIX and POIIX.

Drawdown Indicators

	POLIX	POIIX	Difference
Max Drawdown Largest peak-to-trough decline	-42.84%	-38.81%	-4.03%
Max Drawdown (1Y) Largest decline over 1 year	-23.94%	-22.47%	-1.47%
Max Drawdown (3Y) Largest decline over 3 years	-23.94%	-25.45%	+1.51%
Max Drawdown (5Y) Largest decline over 5 years	-42.84%	-38.81%	-4.03%
Max Drawdown (10Y) Largest decline over 10 years	-42.84%	—	—
Current Drawdown Current decline from peak	-9.04%	-21.04%	+12.00%
Average Drawdown Average peak-to-trough decline	-7.08%	-10.11%	+3.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.56%	9.74%	-0.18%

Volatility

POLIX vs. POIIX - Volatility Comparison

The current volatility for Polen Growth Fund (POLIX) is 4.44%, while Polen International Growth Fund (POIIX) has a volatility of 5.11%. This indicates that POLIX experiences smaller price fluctuations and is considered to be less risky than POIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	POLIX	POIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.44%	5.11%	-0.67%
Volatility (6M) Calculated over the trailing 6-month period	13.10%	15.45%	-2.35%
Volatility (1Y) Calculated over the trailing 1-year period	16.76%	19.23%	-2.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.96%	19.85%	+3.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.89%	18.63%	+3.26%

POLIX vs. POIIX - Expense Ratio Comparison

POLIX has a 0.96% expense ratio, which is lower than POIIX's 1.03% expense ratio.

Dividends

POLIX vs. POIIX - Dividend Comparison

POLIX's dividend yield for the trailing twelve months is around 38.24%, more than POIIX's 0.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
POIIX Polen International Growth Fund	0.05%	0.05%	0.45%	0.32%	0.00%	0.00%	0.00%	0.01%	0.11%	0.64%	0.00%	0.00%
POLIX Polen Growth Fund	38.24%	36.35%	10.47%	0.00%	10.54%	3.97%	1.25%	0.12%	2.77%	1.66%	0.01%	4.29%

Frequently Asked Questions

Can I hold both POLIX and POIIX in my portfolio?

POLIX and POIIX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, POLIX or POIIX?

POIIX has higher volatility (5.11%) compared to POLIX (4.44%). In terms of maximum drawdown, POLIX dropped -42.84% vs POIIX's -38.81%.

Which has better risk-adjusted returns?

POLIX currently has the higher Sharpe Ratio (0.00 vs -0.67), 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.