RSEGX vs. BFOCX

Last updated Aug 4, 2026

RSEGX (Victory RS Small Cap Growth Fund) and BFOCX (Berkshire Focus Fund) are both mutual funds - RSEGX is a Small Cap Growth Equities fund managed by Victory, while BFOCX is a Technology Equities fund managed by Berkshire. Over the past 10 years, RSEGX returned 8.35%/yr vs 19.13%/yr for BFOCX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. RSEGX charges 1.40%/yr vs 1.94%/yr for BFOCX.

Performance

RSEGX vs. BFOCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victory RS Small Cap Growth Fund (RSEGX) and Berkshire Focus Fund (BFOCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSEGX achieves a 18.94% return, which is significantly lower than BFOCX's 22.00% return. Over the past 10 years, RSEGX has underperformed BFOCX with an annualized return of 8.35%, while BFOCX has yielded a comparatively higher 19.13% annualized return.

RSEGX

• 1D: -0.37%
• 1M: -5.35%
• 6M: 13.51%
• YTD: 18.94%
• 1Y: 31.00%
• 3Y*: 11.26%
• 5Y*: -1.68%
• 10Y*: 8.35%
• ALL TIME*: 9.73%

BFOCX

• 1D: 0.21%
• 1M: -12.24%
• 6M: 21.44%
• YTD: 22.00%
• 1Y: 31.39%
• 3Y*: 34.61%
• 5Y*: 6.07%
• 10Y*: 19.13%
• ALL TIME*: 9.34%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BFOCX Berkshire Focus Fund	$0.00	$0.00	$0.00
RSEGX Victory RS Small Cap Growth Fund	$0.00	$0.00	$0.00

RSEGX vs. BFOCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RSEGX Victory RS Small Cap Growth Fund	18.94%	0.88%	11.08%	19.80%	-37.08%	-11.57%	37.83%	37.94%	-9.31%	36.88%
BFOCX Berkshire Focus Fund	22.00%	28.67%	59.16%	50.20%	-65.06%	-1.79%	90.81%	40.56%	10.04%	44.10%

Correlation

The correlation between RSEGX and BFOCX is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.72
Correlation (3Y) Balances recent behavior with more history.	0.73
Correlation (5Y) Shows whether the relationship held over a longer period.	0.77
Correlation (10Y) Provides a long-term view across more market conditions.	0.77
Correlation (All Time) Calculated using the full available price history since Jun 30, 1997	0.79

The correlation between RSEGX and BFOCX has been stable across timeframes, ranging from 0.72 to 0.79 - a consistent structural relationship.

Return for Risk

RSEGX vs. BFOCX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RSEGX

RSEGX Risk / Return Rank: 40
RSEGX Sharpe Ratio Rank: 39
RSEGX Sortino Ratio Rank: 39
RSEGX Omega Ratio Rank: 34
RSEGX Calmar Ratio Rank: 45
RSEGX Martin Ratio Rank: 44

BFOCX

BFOCX Risk / Return Rank: 15
BFOCX Sharpe Ratio Rank: 12
BFOCX Sortino Ratio Rank: 15
BFOCX Omega Ratio Rank: 17
BFOCX Calmar Ratio Rank: 13
BFOCX Martin Ratio Rank: 18

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RSEGX vs. BFOCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victory RS Small Cap Growth Fund (RSEGX) and Berkshire Focus Fund (BFOCX). 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.

	RSEGX	BFOCX	Difference
Sharpe ratio: Return per unit of total volatility	1.28	0.51	+0.77
Sortino ratio: Return per unit of downside risk	1.86	1.01	+0.85
Omega ratio: Gain probability vs. loss probability	1.22	1.13	+0.08
Calmar ratio: Return relative to maximum drawdown	1.90	0.69	+1.22
Martin ratio: Return relative to average drawdown	6.73	2.74	+3.99

RSEGX vs. BFOCX - Sharpe Ratio Comparison

The current RSEGX Sharpe Ratio is 1.28, which is higher than the BFOCX Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of RSEGX and BFOCX, 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

RSEGX vs. BFOCX - Drawdown Comparison

The maximum RSEGX drawdown since its inception was -82.12%, smaller than the maximum BFOCX drawdown of -95.80%. Use the drawdown chart below to compare losses from any high point for RSEGX and BFOCX.

Drawdown Indicators

	RSEGX	BFOCX	Difference
Max Drawdown Largest peak-to-trough decline	-82.12%	-95.80%	+13.68%
Max Drawdown (1Y) Largest decline over 1 year	-15.15%	-37.96%	+22.81%
Max Drawdown (3Y) Largest decline over 3 years	-33.72%	-40.55%	+6.83%
Max Drawdown (5Y) Largest decline over 5 years	-48.82%	-72.53%	+23.71%
Max Drawdown (10Y) Largest decline over 10 years	-52.89%	-72.53%	+19.64%
Current Drawdown Current decline from peak	-20.38%	-28.06%	+7.68%
Average Drawdown Average peak-to-trough decline	-32.79%	-57.93%	+25.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.27%	9.50%	-5.23%

Volatility

RSEGX vs. BFOCX - Volatility Comparison

The current volatility for Victory RS Small Cap Growth Fund (RSEGX) is 6.15%, while Berkshire Focus Fund (BFOCX) has a volatility of 26.85%. This indicates that RSEGX experiences smaller price fluctuations and is considered to be less risky than BFOCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSEGX	BFOCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.15%	26.85%	-20.70%
Volatility (6M) Calculated over the trailing 6-month period	18.11%	45.56%	-27.45%
Volatility (1Y) Calculated over the trailing 1-year period	22.64%	51.31%	-28.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.66%	46.35%	-18.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.16%	39.23%	-13.07%

RSEGX vs. BFOCX - Expense Ratio Comparison

RSEGX has a 1.40% expense ratio, which is lower than BFOCX's 1.94% expense ratio.

Dividends

RSEGX vs. BFOCX - Dividend Comparison

Neither RSEGX nor BFOCX has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BFOCX Berkshire Focus Fund	0.00%	0.00%	0.00%	0.00%	0.00%	19.54%	21.20%	14.20%	5.70%	21.73%	0.14%	9.52%
RSEGX Victory RS Small Cap Growth Fund	0.00%	0.00%	0.00%	0.00%	6.25%	16.78%	9.05%	9.01%	20.43%	9.55%	0.00%	1.33%

Frequently Asked Questions

Can I hold both RSEGX and BFOCX in my portfolio?

RSEGX and BFOCX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSEGX or BFOCX?

BFOCX has higher volatility (26.85%) compared to RSEGX (6.15%). In terms of maximum drawdown, RSEGX dropped -82.12% vs BFOCX's -95.80%.

Which has better risk-adjusted returns?

RSEGX currently has the higher Sharpe Ratio (1.28 vs 0.51), 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.