RYDVX vs. GENIX

Last updated Aug 1, 2026

RYDVX (Royce Dividend Value Fund) and GENIX (Gotham Enhanced Return Fund) are both Mid Cap Blend Equities funds. Over the past 10 years, RYDVX returned 11.46%/yr vs 13.58%/yr for GENIX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. RYDVX charges 1.34%/yr vs 1.50%/yr for GENIX.

Performance

RYDVX vs. GENIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Royce Dividend Value Fund (RYDVX) and Gotham Enhanced Return Fund (GENIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RYDVX achieves a 19.75% return, which is significantly higher than GENIX's 14.93% return. Over the past 10 years, RYDVX has underperformed GENIX with an annualized return of 11.46%, while GENIX has yielded a comparatively higher 13.58% annualized 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%

GENIX

• 1D: 1.32%
• 1M: 2.93%
• 6M: 12.18%
• YTD: 14.93%
• 1Y: 28.92%
• 3Y*: 23.30%
• 5Y*: 17.22%
• 10Y*: 13.58%
• ALL TIME*: 11.69%

*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)
GENIX Gotham Enhanced Return Fund	$0.00	$0.00	$0.00
RYDVX Royce Dividend Value Fund	$0.00	$0.00	$0.00

RYDVX vs. GENIX - 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%	21.39%
GENIX Gotham Enhanced Return Fund	14.93%	21.16%	27.31%	25.26%	-12.02%	39.66%	-8.21%	21.54%	-5.97%	18.21%

Correlation

The correlation between RYDVX and GENIX is 0.57, 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.	0.57
Correlation (3Y) Balances recent behavior with more history.	0.69
Correlation (5Y) Shows whether the relationship held over a longer period.	0.76
Correlation (10Y) Provides a long-term view across more market conditions.	0.78
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.79

Over the past year, the correlation between RYDVX and GENIX has dropped to 0.57 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.

Return for Risk

RYDVX vs. GENIX — Risk / Return Rank

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

RYDVX

RYDVX Risk / Return Rank: 65
RYDVX Sharpe Ratio Rank: 64
RYDVX Sortino Ratio Rank: 74
RYDVX Omega Ratio Rank: 68
RYDVX Calmar Ratio Rank: 71
RYDVX Martin Ratio Rank: 48

GENIX

GENIX Risk / Return Rank: 88
GENIX Sharpe Ratio Rank: 86
GENIX Sortino Ratio Rank: 83
GENIX Omega Ratio Rank: 80
GENIX Calmar Ratio Rank: 95
GENIX Martin Ratio Rank: 96

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.

RYDVX vs. GENIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Royce Dividend Value Fund (RYDVX) and Gotham Enhanced Return Fund (GENIX). 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	GENIX	Difference
Sharpe ratio: Return per unit of total volatility	1.54	2.11	-0.57
Sortino ratio: Return per unit of downside risk	2.53	2.91	-0.38
Omega ratio: Gain probability vs. loss probability	1.30	1.37	-0.07
Calmar ratio: Return relative to maximum drawdown	2.31	4.16	-1.85
Martin ratio: Return relative to average drawdown	6.68	16.82	-10.14

RYDVX vs. GENIX - Sharpe Ratio Comparison

The current RYDVX Sharpe Ratio is 1.54, which is comparable to the GENIX Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of RYDVX and GENIX, 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

RYDVX vs. GENIX - Drawdown Comparison

The maximum RYDVX drawdown since its inception was -53.36%, which is greater than GENIX's maximum drawdown of -39.35%. Use the drawdown chart below to compare losses from any high point for RYDVX and GENIX.

Drawdown Indicators

	RYDVX	GENIX	Difference
Max Drawdown Largest peak-to-trough decline	-53.36%	-39.35%	-14.01%
Max Drawdown (1Y) Largest decline over 1 year	-12.32%	-6.44%	-5.88%
Max Drawdown (3Y) Largest decline over 3 years	-21.45%	-19.20%	-2.25%
Max Drawdown (5Y) Largest decline over 5 years	-27.35%	-20.74%	-6.61%
Max Drawdown (10Y) Largest decline over 10 years	-41.49%	-39.35%	-2.14%
Current Drawdown Current decline from peak	-0.75%	0.00%	-0.75%
Average Drawdown Average peak-to-trough decline	-7.49%	-5.59%	-1.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.26%	1.59%	+2.67%

Volatility

RYDVX vs. GENIX - Volatility Comparison

Royce Dividend Value Fund (RYDVX) has a higher volatility of 4.57% compared to Gotham Enhanced Return Fund (GENIX) at 3.01%. This indicates that RYDVX's price experiences larger fluctuations and is considered to be riskier than GENIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYDVX	GENIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.57%	3.01%	+1.56%
Volatility (6M) Calculated over the trailing 6-month period	11.73%	9.71%	+2.02%
Volatility (1Y) Calculated over the trailing 1-year period	18.50%	12.71%	+5.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.07%	17.21%	+1.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.62%	18.50%	+1.12%

RYDVX vs. GENIX - Expense Ratio Comparison

RYDVX has a 1.34% expense ratio, which is lower than GENIX's 1.50% expense ratio.

Dividends

RYDVX vs. GENIX - Dividend Comparison

RYDVX's dividend yield for the trailing twelve months is around 154.32%, more than GENIX's 1.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GENIX Gotham Enhanced Return Fund	1.80%	2.07%	19.28%	9.82%	8.02%	19.31%	0.14%	32.49%	9.60%	0.97%	0.00%	1.85%
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

Can I hold both RYDVX and GENIX in my portfolio?

RYDVX and GENIX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RYDVX or GENIX?

RYDVX has higher volatility (4.57%) compared to GENIX (3.01%). In terms of maximum drawdown, RYDVX dropped -53.36% vs GENIX's -39.35%.

Which has better risk-adjusted returns?

GENIX currently has the higher Sharpe Ratio (2.11 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.