RMBKX vs. MERDX

Last updated Jun 23, 2026

RMBKX (RMB Mendon Financial Services Fund) and MERDX (Meridian Growth Fund) are both mutual funds - RMBKX is a Financials Equities fund managed by BlackRock, while MERDX is a Small Cap Growth Equities fund managed by Meridian. Over the past 10 years, RMBKX returned 11.00%/yr vs 7.26%/yr for MERDX. A 0.67 correlation means they provide meaningful diversification when combined. RMBKX charges 1.27%/yr vs 0.85%/yr for MERDX.

Performance

RMBKX vs. MERDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RMB Mendon Financial Services Fund (RMBKX) and Meridian Growth Fund (MERDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RMBKX achieves a 12.74% return, which is significantly higher than MERDX's 6.33% return. Over the past 10 years, RMBKX has outperformed MERDX with an annualized return of 11.00%, while MERDX has yielded a comparatively lower 7.26% annualized return.

RMBKX

• 1D: 0.49%
• 1M: 4.32%
• YTD: 12.74%
• 6M: 10.66%
• 1Y: 38.99%
• 3Y*: 21.84%
• 5Y*: 8.61%
• 10Y*: 11.00%

MERDX

• 1D: 2.31%
• 1M: 2.47%
• YTD: 6.33%
• 6M: 3.49%
• 1Y: 7.11%
• 3Y*: 2.58%
• 5Y*: -2.06%
• 10Y*: 7.26%

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

RMBKX vs. MERDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RMBKX RMB Mendon Financial Services Fund	12.74%	12.84%	17.07%	4.56%	-19.18%	56.40%	-5.73%	22.82%	-17.13%	12.17%
MERDX Meridian Growth Fund	6.33%	-6.25%	6.42%	15.29%	-29.13%	15.58%	24.93%	27.67%	-7.30%	25.64%

Correlation

The correlation between RMBKX and MERDX is 0.58, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.66
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012	0.67

The correlation between RMBKX and MERDX has been stable across timeframes, ranging from 0.58 to 0.67 - a consistent structural relationship.

Return for Risk

RMBKX vs. MERDX — Risk / Return Rank

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

RMBKX

RMBKX Risk / Return Rank: 58
RMBKX Sharpe Ratio Rank: 50
RMBKX Sortino Ratio Rank: 47
RMBKX Omega Ratio Rank: 46
RMBKX Calmar Ratio Rank: 89
RMBKX Martin Ratio Rank: 59

MERDX

MERDX Risk / Return Rank: 6
MERDX Sharpe Ratio Rank: 6
MERDX Sortino Ratio Rank: 6
MERDX Omega Ratio Rank: 6
MERDX Calmar Ratio Rank: 6
MERDX 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.

RMBKX vs. MERDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RMB Mendon Financial Services Fund (RMBKX) and Meridian Growth Fund (MERDX). 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.

	RMBKX	MERDX	Difference
Sharpe ratio: Return per unit of total volatility	1.91	0.41	+1.50
Sortino ratio: Return per unit of downside risk	2.68	0.71	+1.97
Omega ratio: Gain probability vs. loss probability	1.34	1.08	+0.26
Calmar ratio: Return relative to maximum drawdown	4.16	0.50	+3.66
Martin ratio: Return relative to average drawdown	11.11	1.36	+9.75

RMBKX vs. MERDX - Sharpe Ratio Comparison

The current RMBKX Sharpe Ratio is 1.91, which is higher than the MERDX Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of RMBKX and MERDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RMBKX vs. MERDX - Drawdown Comparison

The maximum RMBKX drawdown since its inception was -55.45%, which is greater than MERDX's maximum drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for RMBKX and MERDX.

Drawdown Indicators

	RMBKX	MERDX	Difference
Max Drawdown Largest peak-to-trough decline	-55.45%	-48.45%	-7.00%
Max Drawdown (1Y) Largest decline over 1 year	-9.48%	-14.50%	+5.02%
Max Drawdown (3Y) Largest decline over 3 years	-24.98%	-24.32%	-0.66%
Max Drawdown (5Y) Largest decline over 5 years	-44.33%	-37.93%	-6.40%
Max Drawdown (10Y) Largest decline over 10 years	-55.45%	-40.64%	-14.81%
Current Drawdown Current decline from peak	-1.90%	-19.98%	+18.08%
Average Drawdown Average peak-to-trough decline	-11.04%	-10.29%	-0.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.54%	5.31%	-1.77%

Volatility

RMBKX vs. MERDX - Volatility Comparison

The current volatility for RMB Mendon Financial Services Fund (RMBKX) is 5.35%, while Meridian Growth Fund (MERDX) has a volatility of 6.11%. This indicates that RMBKX experiences smaller price fluctuations and is considered to be less risky than MERDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RMBKX	MERDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.35%	6.11%	-0.76%
Volatility (6M) Calculated over the trailing 6-month period	13.74%	12.96%	+0.78%
Volatility (1Y) Calculated over the trailing 1-year period	20.63%	17.74%	+2.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.82%	21.54%	+3.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.17%	21.36%	+5.81%

RMBKX vs. MERDX - Expense Ratio Comparison

RMBKX has a 1.27% expense ratio, which is higher than MERDX's 0.85% expense ratio.

Dividends

RMBKX vs. MERDX - Dividend Comparison

RMBKX's dividend yield for the trailing twelve months is around 5.52%, less than MERDX's 8.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MERDX Meridian Growth Fund	8.49%	9.03%	0.24%	0.00%	13.80%	15.49%	0.88%	9.15%	16.44%	7.07%	0.57%	12.17%
RMBKX RMB Mendon Financial Services Fund	5.52%	6.22%	1.90%	1.29%	17.29%	1.35%	0.00%	0.85%	5.39%	6.63%	1.50%	0.00%

Frequently Asked Questions

Can I hold both RMBKX and MERDX in my portfolio?

RMBKX and MERDX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RMBKX or MERDX?

MERDX has higher volatility (6.11%) compared to RMBKX (5.35%). In terms of maximum drawdown, RMBKX dropped -55.45% vs MERDX's -48.45%.

Which has better risk-adjusted returns?

RMBKX currently has the higher Sharpe Ratio (1.91 vs 0.41), 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.