PXSGX vs. FXAIX
PXSGX (Virtus KAR Small-Cap Growth Fund) and FXAIX (Fidelity 500 Index Fund) are both mutual funds - PXSGX is a Small Cap Growth Equities fund managed by Virtus, while FXAIX is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, PXSGX returned 10.25%/yr vs 15.16%/yr for FXAIX. Their 0.77 correlation means they have sometimes moved together and sometimes differently. PXSGX charges 1.07%/yr vs 0.02%/yr for FXAIX.
Performance
PXSGX vs. FXAIX - Performance Comparison
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Returns By Period
In the year-to-date period, PXSGX achieves a -1.56% return, which is significantly lower than FXAIX's 10.13% return. Over the past 10 years, PXSGX has underperformed FXAIX with an annualized return of 10.25%, while FXAIX has yielded a comparatively higher 15.16% annualized return.
PXSGX
- 1D
- 0.12%
- 1M
- -0.18%
- 6M
- -4.70%
- YTD
- -1.56%
- 1Y
- -13.56%
- 3Y*
- -2.84%
- 5Y*
- -5.11%
- 10Y*
- 10.25%
- ALL TIME*
- 9.33%
FXAIX
- 1D
- 0.71%
- 1M
- 0.15%
- 6M
- 7.97%
- YTD
- 10.13%
- 1Y
- 21.49%
- 3Y*
- 19.42%
- 5Y*
- 12.84%
- 10Y*
- 15.16%
- ALL TIME*
- 13.94%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PXSGX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PXSGX Virtus KAR Small-Cap Growth Fund | -1.56% | -22.97% | 21.11% | 20.27% | -30.04% | 4.47% | 43.46% | 40.26% | 9.05% | 36.99% |
FXAIX Fidelity 500 Index Fund | 10.13% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Correlation
The correlation between PXSGX and FXAIX is 0.48, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.48 |
Correlation (3Y) Balances recent behavior with more history. | 0.62 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.72 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.74 |
Correlation (All Time) Calculated using the full available price history since May 4, 2011 | 0.77 |
Over the past year, the correlation between PXSGX and FXAIX has dropped to 0.48 - well below their long-term average of 0.77, suggesting their price drivers have been diverging.
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Return for Risk
PXSGX vs. FXAIX — Risk / Return Rank
PXSGX
FXAIX
PXSGX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus KAR Small-Cap Growth Fund (PXSGX) and Fidelity 500 Index Fund (FXAIX). 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.
| PXSGX | FXAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.28 | ||
| Sortino ratioReturn per unit of downside risk | -3.17 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.27 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 2.21 | -2.75 |
| Martin ratioReturn relative to average drawdown | -0.89 | 9.48 | -10.38 |
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Drawdowns
PXSGX vs. FXAIX - Drawdown Comparison
The maximum PXSGX drawdown since its inception was -53.72%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for PXSGX and FXAIX.
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Drawdown Indicators
| PXSGX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.72% | -33.79% | -19.93% |
Max Drawdown (1Y)Largest decline over 1 year | -26.52% | -8.89% | -17.63% |
Max Drawdown (3Y)Largest decline over 3 years | -42.49% | -18.76% | -23.73% |
Max Drawdown (5Y)Largest decline over 5 years | -42.49% | -24.50% | -17.99% |
Max Drawdown (10Y)Largest decline over 10 years | -42.49% | -33.79% | -8.70% |
Current DrawdownCurrent decline from peak | -35.05% | -1.41% | -33.64% |
Average DrawdownAverage peak-to-trough decline | -11.96% | -3.77% | -8.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.12% | 2.07% | +14.05% |
Volatility
PXSGX vs. FXAIX - Volatility Comparison
Virtus KAR Small-Cap Growth Fund (PXSGX) has a higher volatility of 6.10% compared to Fidelity 500 Index Fund (FXAIX) at 3.52%. This indicates that PXSGX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PXSGX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.10% | 3.52% | +2.58% |
Volatility (6M)Calculated over the trailing 6-month period | 13.60% | 10.11% | +3.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.16% | 12.87% | +6.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.93% | 17.02% | +7.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.63% | 18.07% | +4.56% |
PXSGX vs. FXAIX - Expense Ratio Comparison
PXSGX has a 1.07% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Dividends
PXSGX vs. FXAIX - Dividend Comparison
PXSGX's dividend yield for the trailing twelve months is around 48.67%, more than FXAIX's 1.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXAIX Fidelity 500 Index Fund | 1.06% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
PXSGX Virtus KAR Small-Cap Growth Fund | 48.67% | 47.91% | 20.72% | 5.31% | 17.32% | 14.31% | 9.64% | 1.52% | 2.31% | 0.00% | 2.69% | 2.99% |
Frequently Asked Questions
PXSGX and FXAIX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PXSGX has higher volatility (6.10%) compared to FXAIX (3.52%). In terms of maximum drawdown, PXSGX dropped -53.72% vs FXAIX's -33.79%.
FXAIX currently has the higher Sharpe Ratio (1.53 vs -0.76), 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.
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