RYDVX vs. DSMFX
RYDVX (Royce Dividend Value Fund) and DSMFX (Destinations Small-Mid Cap Equity Fund) are both Mid Cap Blend Equities funds. Over the past 5 years, RYDVX returned 11.07%/yr vs 7.75%/yr for DSMFX. Their correlation of 0.87 means they have usually moved in the same direction. RYDVX charges 1.34%/yr vs 1.10%/yr for DSMFX.
Performance
RYDVX vs. DSMFX - Performance Comparison
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Returns By Period
In the year-to-date period, RYDVX achieves a 19.75% return, which is significantly higher than DSMFX's 15.86% return.
RYDVX
- 1D
- -0.38%
- 1M
- 3.54%
- 6M
- 11.63%
- YTD
- 19.75%
- 1Y
- 32.11%
- 3Y*
- 18.49%
- 5Y*
- 11.07%
- 10Y*
- 11.46%
- ALL TIME*
- 9.37%
DSMFX
- 1D
- 1.47%
- 1M
- -3.21%
- 6M
- 9.15%
- YTD
- 15.86%
- 1Y
- 32.51%
- 3Y*
- 15.49%
- 5Y*
- 7.75%
- 10Y*
- —
- ALL TIME*
- 11.95%
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 |
RYDVX vs. DSMFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYDVX Royce Dividend Value Fund | 19.75% | 9.44% | 19.41% | 23.29% | -13.63% | 20.00% | 4.45% | 30.00% | -16.33% | 15.78% |
DSMFX Destinations Small-Mid Cap Equity Fund | 15.86% | 13.94% | 14.72% | 11.61% | -19.89% | 26.65% | 23.63% | 30.82% | -7.68% | 12.35% |
Correlation
The correlation between RYDVX and DSMFX is 0.64, 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. | 0.64 |
Correlation (3Y) Balances recent behavior with more history. | 0.80 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.85 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 2017 | 0.87 |
Over the past year, the correlation between RYDVX and DSMFX has dropped to 0.64 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.
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Return for Risk
RYDVX vs. DSMFX — Risk / Return Rank
RYDVX
DSMFX
RYDVX vs. DSMFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royce Dividend Value Fund (RYDVX) and Destinations Small-Mid Cap Equity Fund (DSMFX). 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.
| RYDVX | DSMFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.28 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | 3.16 | -0.85 |
| Martin ratioReturn relative to average drawdown | 6.68 | 11.18 | -4.51 |
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Drawdowns
RYDVX vs. DSMFX - Drawdown Comparison
The maximum RYDVX drawdown since its inception was -53.36%, which is greater than DSMFX's maximum drawdown of -42.52%. Use the drawdown chart below to compare losses from any high point for RYDVX and DSMFX.
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Drawdown Indicators
| RYDVX | DSMFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.36% | -42.52% | -10.84% |
Max Drawdown (1Y)Largest decline over 1 year | -12.32% | -9.75% | -2.57% |
Max Drawdown (3Y)Largest decline over 3 years | -21.45% | -27.39% | +5.94% |
Max Drawdown (5Y)Largest decline over 5 years | -27.35% | -30.72% | +3.37% |
Max Drawdown (10Y)Largest decline over 10 years | -41.49% | — | — |
Current DrawdownCurrent decline from peak | -0.75% | -5.80% | +5.05% |
Average DrawdownAverage peak-to-trough decline | -7.49% | -8.66% | +1.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.26% | 2.72% | +1.54% |
Volatility
RYDVX vs. DSMFX - Volatility Comparison
Royce Dividend Value Fund (RYDVX) has a higher volatility of 4.57% compared to Destinations Small-Mid Cap Equity Fund (DSMFX) at 4.23%. This indicates that RYDVX's price experiences larger fluctuations and is considered to be riskier than DSMFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYDVX | DSMFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.57% | 4.23% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 11.73% | 14.28% | -2.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.50% | 18.58% | -0.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.07% | 21.03% | -1.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.62% | 21.82% | -2.20% |
RYDVX vs. DSMFX - Expense Ratio Comparison
RYDVX has a 1.34% expense ratio, which is higher than DSMFX's 1.10% expense ratio.
Dividends
RYDVX vs. DSMFX - Dividend Comparison
RYDVX's dividend yield for the trailing twelve months is around 154.32%, more than DSMFX's 6.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DSMFX Destinations Small-Mid Cap Equity Fund | 6.16% | 7.13% | 7.71% | 0.26% | 3.57% | 27.39% | 2.06% | 4.05% | 5.96% | 0.92% | 0.00% | 0.00% |
RYDVX Royce Dividend Value Fund | 154.32% | 185.21% | 21.24% | 11.80% | 0.57% | 14.07% | 5.55% | 15.61% | 14.15% | 14.26% | 10.48% | 11.39% |
Frequently Asked Questions
RYDVX and DSMFX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYDVX has higher volatility (4.57%) compared to DSMFX (4.23%). In terms of maximum drawdown, RYDVX dropped -53.36% vs DSMFX's -42.52%.
DSMFX currently has the higher Sharpe Ratio (1.66 vs 1.54), 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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