PSGIX vs. HRSMX

Last updated Apr 2, 2026

Compare and contrast key facts about BlackRock Advantage Small Cap Growth Fund (PSGIX) and Hood River Small-Cap Growth Fund (HRSMX).

PSGIX is managed by BlackRock. It was launched on Sep 14, 1993. HRSMX is managed by Hood River Capital Management. It was launched on Jan 2, 2003.

Performance

PSGIX vs. HRSMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Advantage Small Cap Growth Fund (PSGIX) and Hood River Small-Cap Growth Fund (HRSMX). The values are adjusted to include any dividend payments, if applicable.

PSGIX vs. HRSMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSGIX BlackRock Advantage Small Cap Growth Fund	-2.07%	15.24%	14.07%	18.73%	-24.93%	2.95%	33.47%	33.92%	-5.01%	14.19%
HRSMX Hood River Small-Cap Growth Fund	5.38%	23.85%	35.48%	21.52%	-27.99%	23.19%	60.80%	24.13%	-6.91%	20.60%

Returns By Period

In the year-to-date period, PSGIX achieves a -2.07% return, which is significantly lower than HRSMX's 5.38% return. Over the past 10 years, PSGIX has underperformed HRSMX with an annualized return of 10.47%, while HRSMX has yielded a comparatively higher 17.50% annualized return.

PSGIX

• 1D: 4.32%
• 1M: -7.04%
• YTD: -2.07%
• 6M: -0.26%
• 1Y: 25.82%
• 3Y*: 13.17%
• 5Y*: 2.09%
• 10Y*: 10.47%

HRSMX

• 1D: 5.79%
• 1M: -7.21%
• YTD: 5.38%
• 6M: 10.43%
• 1Y: 54.19%
• 3Y*: 26.46%
• 5Y*: 10.91%
• 10Y*: 17.50%

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

PSGIX vs. HRSMX - Expense Ratio Comparison

PSGIX has a 0.50% expense ratio, which is lower than HRSMX's 1.09% expense ratio.

HRSMX

Hood River Small-Cap Growth Fund

PSGIX

BlackRock Advantage Small Cap Growth Fund

Return for Risk

PSGIX vs. HRSMX — Risk / Return Rank

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

PSGIX

PSGIX Risk / Return Rank: 55
PSGIX Sharpe Ratio Rank: 49
PSGIX Sortino Ratio Rank: 53
PSGIX Omega Ratio Rank: 42
PSGIX Calmar Ratio Rank: 72
PSGIX Martin Ratio Rank: 60

HRSMX

HRSMX Risk / Return Rank: 89
HRSMX Sharpe Ratio Rank: 88
HRSMX Sortino Ratio Rank: 86
HRSMX Omega Ratio Rank: 79
HRSMX Calmar Ratio Rank: 96
HRSMX Martin Ratio Rank: 96

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.

PSGIX vs. HRSMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Small Cap Growth Fund (PSGIX) and Hood River Small-Cap Growth Fund (HRSMX). 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.

	PSGIX	HRSMX	Difference
Sharpe ratio Return per unit of total volatility	1.03	1.79	-0.77
Sortino ratio Return per unit of downside risk	1.56	2.38	-0.82
Omega ratio Gain probability vs. loss probability	1.20	1.32	-0.12
Calmar ratio Return relative to maximum drawdown	1.83	3.49	-1.66
Martin ratio Return relative to average drawdown	6.28	13.94	-7.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSGIX vs. HRSMX - Sharpe Ratio Comparison

The current PSGIX Sharpe Ratio is 1.03, which is lower than the HRSMX Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of PSGIX and HRSMX, 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

	PSGIX	HRSMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.03	1.79	-0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	0.40	-0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.68	-0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.53	-0.15

Correlation

The correlation between PSGIX and HRSMX is 0.94, 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

PSGIX vs. HRSMX - Dividend Comparison

PSGIX's dividend yield for the trailing twelve months is around 0.11%, less than HRSMX's 4.01% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSGIX BlackRock Advantage Small Cap Growth Fund	0.11%	0.11%	0.25%	0.25%	0.47%	18.37%	5.36%	5.37%	24.24%	11.12%	0.05%	6.08%
HRSMX Hood River Small-Cap Growth Fund	4.01%	4.23%	3.75%	0.00%	0.00%	19.96%	6.28%	0.00%	4.59%	6.74%	0.00%	5.73%

Drawdowns

PSGIX vs. HRSMX - Drawdown Comparison

The maximum PSGIX drawdown since its inception was -77.50%, which is greater than HRSMX's maximum drawdown of -64.92%. Use the drawdown chart below to compare losses from any high point for PSGIX and HRSMX.

Drawdown Indicators

	PSGIX	HRSMX	Difference
Max Drawdown Largest peak-to-trough decline	-77.50%	-64.92%	-12.58%
Max Drawdown (1Y) Largest decline over 1 year	-13.78%	-14.89%	+1.11%
Max Drawdown (5Y) Largest decline over 5 years	-40.55%	-38.49%	-2.06%
Max Drawdown (10Y) Largest decline over 10 years	-41.59%	-40.74%	-0.85%
Current Drawdown Current decline from peak	-10.01%	-7.21%	-2.80%
Average Drawdown Average peak-to-trough decline	-25.38%	-13.16%	-12.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.02%	3.73%	+0.29%

Volatility

PSGIX vs. HRSMX - Volatility Comparison

The current volatility for BlackRock Advantage Small Cap Growth Fund (PSGIX) is 9.04%, while Hood River Small-Cap Growth Fund (HRSMX) has a volatility of 12.35%. This indicates that PSGIX experiences smaller price fluctuations and is considered to be less risky than HRSMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSGIX	HRSMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.04%	12.35%	-3.31%
Volatility (6M) Calculated over the trailing 6-month period	16.82%	21.73%	-4.91%
Volatility (1Y) Calculated over the trailing 1-year period	25.29%	30.18%	-4.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.41%	27.18%	-2.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.30%	25.82%	-1.52%