SAMFX vs. PHRAX

Last updated Jun 4, 2026

SAMFX (Virtus Seix Total Return Bond Fund) and PHRAX (Virtus Duff & Phelps Real Estate Securities Fund) are both mutual funds - SAMFX is a Intermediate Core-Plus Bond fund managed by Virtus, while PHRAX is a REIT fund managed by Virtus. Over the past 10 years, SAMFX returned 1.36%/yr vs 6.15%/yr for PHRAX. At a correlation of -0.01, they often move in opposite directions. SAMFX charges 0.46%/yr vs 1.36%/yr for PHRAX.

Performance

SAMFX vs. PHRAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Seix Total Return Bond Fund (SAMFX) and Virtus Duff & Phelps Real Estate Securities Fund (PHRAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SAMFX achieves a 0.35% return, which is significantly lower than PHRAX's 11.63% return. Over the past 10 years, SAMFX has underperformed PHRAX with an annualized return of 1.36%, while PHRAX has yielded a comparatively higher 6.15% annualized return.

SAMFX

• 1D: 0.00%
• 1M: 0.52%
• YTD: 0.35%
• 6M: 0.28%
• 1Y: 5.29%
• 3Y*: 3.18%
• 5Y*: -0.32%
• 10Y*: 1.36%

PHRAX

• 1D: 0.41%
• 1M: -1.30%
• YTD: 11.63%
• 6M: 10.47%
• 1Y: 11.41%
• 3Y*: 10.12%
• 5Y*: 3.87%
• 10Y*: 6.15%

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

SAMFX vs. PHRAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SAMFX Virtus Seix Total Return Bond Fund	0.35%	6.87%	0.43%	4.35%	-13.57%	-1.44%	10.24%	7.12%	-0.32%	2.68%
PHRAX Virtus Duff & Phelps Real Estate Securities Fund	11.63%	0.23%	10.15%	10.98%	-26.33%	46.79%	-1.98%	27.09%	-7.41%	5.65%

Correlation

The correlation between SAMFX and PHRAX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (10Y) Calculated over the trailing 10-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jan 5, 1998	-0.01

The correlation between SAMFX and PHRAX shifts across timeframes, from -0.01 (all time) to 0.37 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SAMFX vs. PHRAX — Risk / Return Rank

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

SAMFX

SAMFX Risk / Return Rank: 21
SAMFX Sharpe Ratio Rank: 21
SAMFX Sortino Ratio Rank: 22
SAMFX Omega Ratio Rank: 20
SAMFX Calmar Ratio Rank: 21
SAMFX Martin Ratio Rank: 20

PHRAX

PHRAX Risk / Return Rank: 12
PHRAX Sharpe Ratio Rank: 10
PHRAX Sortino Ratio Rank: 10
PHRAX Omega Ratio Rank: 10
PHRAX Calmar Ratio Rank: 16
PHRAX Martin Ratio Rank: 14

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.

SAMFX vs. PHRAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Seix Total Return Bond Fund (SAMFX) and Virtus Duff & Phelps Real Estate Securities Fund (PHRAX). 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.

	SAMFX	PHRAX	Difference
Sharpe ratio Return per unit of total volatility	1.32	0.85	+0.47
Sortino ratio Return per unit of downside risk	1.96	1.20	+0.76
Omega ratio Gain probability vs. loss probability	1.24	1.15	+0.08
Calmar ratio Return relative to maximum drawdown	1.68	1.42	+0.27
Martin ratio Return relative to average drawdown	5.31	4.15	+1.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SAMFX vs. PHRAX - Sharpe Ratio Comparison

The current SAMFX Sharpe Ratio is 1.32, which is higher than the PHRAX Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of SAMFX and PHRAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SAMFX	PHRAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	0.85	+0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.06	0.20	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	0.29	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.40	+0.18

Drawdowns

SAMFX vs. PHRAX - Drawdown Comparison

The maximum SAMFX drawdown since its inception was -18.72%, smaller than the maximum PHRAX drawdown of -72.56%. Use the drawdown chart below to compare losses from any high point for SAMFX and PHRAX.

Drawdown Indicators

	SAMFX	PHRAX	Difference
Max Drawdown Largest peak-to-trough decline	-18.72%	-72.56%	+53.84%
Max Drawdown (1Y) Largest decline over 1 year	-3.09%	-7.83%	+4.74%
Max Drawdown (3Y) Largest decline over 3 years	-6.48%	-19.09%	+12.61%
Max Drawdown (5Y) Largest decline over 5 years	-17.95%	-33.51%	+15.56%
Max Drawdown (10Y) Largest decline over 10 years	-18.72%	-42.00%	+23.28%
Current Drawdown Current decline from peak	-4.85%	-3.51%	-1.34%
Average Drawdown Average peak-to-trough decline	-3.51%	-11.37%	+7.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.98%	2.67%	-1.69%

Volatility

SAMFX vs. PHRAX - Volatility Comparison

The current volatility for Virtus Seix Total Return Bond Fund (SAMFX) is 1.47%, while Virtus Duff & Phelps Real Estate Securities Fund (PHRAX) has a volatility of 3.94%. This indicates that SAMFX experiences smaller price fluctuations and is considered to be less risky than PHRAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAMFX	PHRAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.47%	3.94%	-2.47%
Volatility (6M) Calculated over the trailing 6-month period	2.83%	9.43%	-6.60%
Volatility (1Y) Calculated over the trailing 1-year period	3.95%	13.12%	-9.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.87%	19.08%	-13.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.89%	20.98%	-16.09%

SAMFX vs. PHRAX - Expense Ratio Comparison

SAMFX has a 0.46% expense ratio, which is lower than PHRAX's 1.36% expense ratio.

Dividends

SAMFX vs. PHRAX - Dividend Comparison

SAMFX's dividend yield for the trailing twelve months is around 4.21%, less than PHRAX's 5.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PHRAX Virtus Duff & Phelps Real Estate Securities Fund	5.30%	5.93%	8.39%	12.35%	11.12%	4.45%	5.58%	21.34%	19.03%	18.54%	21.22%	20.04%
SAMFX Virtus Seix Total Return Bond Fund	4.21%	4.25%	3.57%	3.16%	3.33%	1.09%	1.99%	1.95%	2.09%	2.36%	3.59%	2.12%

Frequently Asked Questions

Can I hold both SAMFX and PHRAX in my portfolio?

SAMFX and PHRAX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SAMFX or PHRAX?

PHRAX has higher volatility (3.94%) compared to SAMFX (1.47%). In terms of maximum drawdown, SAMFX dropped -18.72% vs PHRAX's -72.56%.

Which has better risk-adjusted returns?

SAMFX currently has the higher Sharpe Ratio (1.32 vs 0.85), 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.