SBASX vs. SBHVX

Last updated Jun 4, 2026

SBASX (Segall Bryant & Hamill Small Cap Core Fund) and SBHVX (Segall Bryant & Hamill Small Cap Value Fund) are both mutual funds - SBASX is a Small Cap Growth Equities fund managed by Segall Bryant & Hamill, while SBHVX is a Small Cap Blend Equities fund managed by Segall Bryant & Hamill. Over the past 5 years, SBASX returned 7.40%/yr vs 7.47%/yr for SBHVX. Their correlation of 0.93 suggests significant overlap in exposure. SBASX charges 0.99%/yr vs 0.97%/yr for SBHVX.

Performance

SBASX vs. SBHVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Segall Bryant & Hamill Small Cap Core Fund (SBASX) and Segall Bryant & Hamill Small Cap Value Fund (SBHVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SBASX achieves a 14.87% return, which is significantly lower than SBHVX's 20.69% return.

SBASX

• 1D: 1.49%
• 1M: 3.03%
• YTD: 14.87%
• 6M: 12.80%
• 1Y: 26.11%
• 3Y*: 14.41%
• 5Y*: 7.40%
• 10Y*: —

SBHVX

• 1D: 1.46%
• 1M: 4.81%
• YTD: 20.69%
• 6M: 20.39%
• 1Y: 44.43%
• 3Y*: 18.41%
• 5Y*: 7.47%
• 10Y*: 10.55%

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

SBASX vs. SBHVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SBASX Segall Bryant & Hamill Small Cap Core Fund	14.87%	3.95%	11.89%	13.96%	-13.13%	23.52%	22.80%
SBHVX Segall Bryant & Hamill Small Cap Value Fund	20.69%	12.27%	12.31%	11.97%	-14.66%	16.61%	6.22%

Correlation

The correlation between SBASX and SBHVX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jan 2, 2020	0.93

The correlation between SBASX and SBHVX has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.

Return for Risk

SBASX vs. SBHVX — Risk / Return Rank

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

SBASX

SBASX Risk / Return Rank: 35
SBASX Sharpe Ratio Rank: 30
SBASX Sortino Ratio Rank: 32
SBASX Omega Ratio Rank: 28
SBASX Calmar Ratio Rank: 42
SBASX Martin Ratio Rank: 42

SBHVX

SBHVX Risk / Return Rank: 66
SBHVX Sharpe Ratio Rank: 65
SBHVX Sortino Ratio Rank: 63
SBHVX Omega Ratio Rank: 53
SBHVX Calmar Ratio Rank: 83
SBHVX Martin Ratio Rank: 68

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.

SBASX vs. SBHVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Segall Bryant & Hamill Small Cap Core Fund (SBASX) and Segall Bryant & Hamill Small Cap Value Fund (SBHVX). 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.

	SBASX	SBHVX	Difference
Sharpe ratio: Return per unit of total volatility	1.58	2.36	-0.78
Sortino ratio: Return per unit of downside risk	2.36	3.33	-0.98
Omega ratio: Gain probability vs. loss probability	1.28	1.40	-0.12
Calmar ratio: Return relative to maximum drawdown	2.47	3.91	-1.44
Martin ratio: Return relative to average drawdown	8.95	13.27	-4.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SBASX vs. SBHVX - Sharpe Ratio Comparison

The current SBASX Sharpe Ratio is 1.58, which is lower than the SBHVX Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of SBASX and SBHVX, 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

	SBASX	SBHVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.58	2.36	-0.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	0.35	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.45	+0.07

Drawdowns

SBASX vs. SBHVX - Drawdown Comparison

The maximum SBASX drawdown since its inception was -34.34%, smaller than the maximum SBHVX drawdown of -41.54%. Use the drawdown chart below to compare losses from any high point for SBASX and SBHVX.

Drawdown Indicators

	SBASX	SBHVX	Difference
Max Drawdown Largest peak-to-trough decline	-34.34%	-41.54%	+7.20%
Max Drawdown (1Y) Largest decline over 1 year	-11.44%	-12.18%	+0.74%
Max Drawdown (3Y) Largest decline over 3 years	-26.56%	-29.43%	+2.87%
Max Drawdown (5Y) Largest decline over 5 years	-26.56%	-29.43%	+2.87%
Max Drawdown (10Y) Largest decline over 10 years	—	-41.54%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.28%	-7.27%	-1.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.15%	3.58%	-0.43%

Volatility

SBASX vs. SBHVX - Volatility Comparison

Segall Bryant & Hamill Small Cap Core Fund (SBASX) and Segall Bryant & Hamill Small Cap Value Fund (SBHVX) have volatilities of 5.29% and 5.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SBASX	SBHVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.29%	5.48%	-0.19%
Volatility (6M) Calculated over the trailing 6-month period	13.25%	13.70%	-0.45%
Volatility (1Y) Calculated over the trailing 1-year period	17.86%	20.15%	-2.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.80%	21.25%	-1.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.23%	21.29%	+0.94%

SBASX vs. SBHVX - Expense Ratio Comparison

SBASX has a 0.99% expense ratio, which is higher than SBHVX's 0.97% expense ratio.

Dividends

SBASX vs. SBHVX - Dividend Comparison

SBASX's dividend yield for the trailing twelve months is around 4.86%, less than SBHVX's 9.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SBASX Segall Bryant & Hamill Small Cap Core Fund	4.86%	5.58%	5.48%	3.65%	2.10%	18.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SBHVX Segall Bryant & Hamill Small Cap Value Fund	9.65%	11.65%	4.61%	1.37%	1.25%	4.66%	0.95%	6.05%	10.28%	6.78%	0.22%	5.76%

Frequently Asked Questions

Can I hold both SBASX and SBHVX in my portfolio?

With a correlation of 0.94, SBASX and SBHVX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SBASX or SBHVX?

SBHVX has higher volatility (5.48%) compared to SBASX (5.29%). In terms of maximum drawdown, SBASX dropped -34.34% vs SBHVX's -41.54%.

Which has better risk-adjusted returns?

SBHVX currently has the higher Sharpe Ratio (2.36 vs 1.58), 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.