SCETX vs. PSTAX

Last updated Jun 4, 2026

SCETX (Virtus Ceredex Small-Cap Value Equity Fund) and PSTAX (Virtus KAR Capital Growth Fund) are both mutual funds - SCETX is a Small Cap Blend Equities fund managed by Virtus, while PSTAX is a Large Cap Growth Equities fund managed by Virtus. Over the past 10 years, SCETX returned 8.10%/yr vs 13.73%/yr for PSTAX. A 0.72 correlation means they provide meaningful diversification when combined. SCETX charges 1.15%/yr vs 1.20%/yr for PSTAX.

Performance

SCETX vs. PSTAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Ceredex Small-Cap Value Equity Fund (SCETX) and Virtus KAR Capital Growth Fund (PSTAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCETX achieves a 17.12% return, which is significantly higher than PSTAX's 7.63% return. Over the past 10 years, SCETX has underperformed PSTAX with an annualized return of 8.10%, while PSTAX has yielded a comparatively higher 13.73% annualized return.

SCETX

• 1D: 1.47%
• 1M: 3.23%
• YTD: 17.12%
• 6M: 15.50%
• 1Y: 30.29%
• 3Y*: 13.43%
• 5Y*: 7.27%
• 10Y*: 8.10%

PSTAX

• 1D: -0.28%
• 1M: 11.00%
• YTD: 7.63%
• 6M: 5.82%
• 1Y: 10.30%
• 3Y*: 17.97%
• 5Y*: 7.04%
• 10Y*: 13.73%

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

SCETX vs. PSTAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCETX Virtus Ceredex Small-Cap Value Equity Fund	17.12%	1.59%	8.53%	14.49%	-9.79%	27.43%	0.92%	17.62%	-12.81%	10.30%
PSTAX Virtus KAR Capital Growth Fund	7.63%	6.85%	25.19%	34.35%	-35.74%	11.70%	46.13%	42.83%	-8.07%	35.13%

Correlation

The correlation between SCETX and PSTAX is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Feb 3, 1997	0.72

Over the past year, the correlation between SCETX and PSTAX has dropped to 0.49 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.

Return for Risk

SCETX vs. PSTAX — Risk / Return Rank

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

SCETX

SCETX Risk / Return Rank: 43
SCETX Sharpe Ratio Rank: 39
SCETX Sortino Ratio Rank: 42
SCETX Omega Ratio Rank: 36
SCETX Calmar Ratio Rank: 53
SCETX Martin Ratio Rank: 46

PSTAX

PSTAX Risk / Return Rank: 7
PSTAX Sharpe Ratio Rank: 8
PSTAX Sortino Ratio Rank: 8
PSTAX Omega Ratio Rank: 8
PSTAX Calmar Ratio Rank: 6
PSTAX Martin Ratio Rank: 6

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.

SCETX vs. PSTAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Ceredex Small-Cap Value Equity Fund (SCETX) and Virtus KAR Capital Growth Fund (PSTAX). 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.

	SCETX	PSTAX	Difference
Sharpe ratio: Return per unit of total volatility	1.82	0.64	+1.18
Sortino ratio: Return per unit of downside risk	2.70	1.00	+1.70
Omega ratio: Gain probability vs. loss probability	1.32	1.12	+0.20
Calmar ratio: Return relative to maximum drawdown	2.77	0.55	+2.22
Martin ratio: Return relative to average drawdown	9.56	1.72	+7.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCETX vs. PSTAX - Sharpe Ratio Comparison

The current SCETX Sharpe Ratio is 1.82, which is higher than the PSTAX Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of SCETX and PSTAX, 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

	SCETX	PSTAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	0.64	+1.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	0.28	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	0.58	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.34	+0.13

Drawdowns

SCETX vs. PSTAX - Drawdown Comparison

The maximum SCETX drawdown since its inception was -55.69%, smaller than the maximum PSTAX drawdown of -76.37%. Use the drawdown chart below to compare losses from any high point for SCETX and PSTAX.

Drawdown Indicators

	SCETX	PSTAX	Difference
Max Drawdown Largest peak-to-trough decline	-55.69%	-76.37%	+20.68%
Max Drawdown (1Y) Largest decline over 1 year	-11.82%	-19.58%	+7.76%
Max Drawdown (3Y) Largest decline over 3 years	-31.66%	-29.63%	-2.03%
Max Drawdown (5Y) Largest decline over 5 years	-31.66%	-44.54%	+12.88%
Max Drawdown (10Y) Largest decline over 10 years	-48.64%	-44.54%	-4.10%
Current Drawdown Current decline from peak	0.00%	-3.53%	+3.53%
Average Drawdown Average peak-to-trough decline	-9.63%	-31.92%	+22.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.42%	6.25%	-2.83%

Volatility

SCETX vs. PSTAX - Volatility Comparison

The current volatility for Virtus Ceredex Small-Cap Value Equity Fund (SCETX) is 4.39%, while Virtus KAR Capital Growth Fund (PSTAX) has a volatility of 5.47%. This indicates that SCETX experiences smaller price fluctuations and is considered to be less risky than PSTAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCETX	PSTAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.39%	5.47%	-1.08%
Volatility (6M) Calculated over the trailing 6-month period	12.77%	13.60%	-0.83%
Volatility (1Y) Calculated over the trailing 1-year period	18.01%	16.84%	+1.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.95%	25.19%	-3.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.35%	23.66%	-1.31%

SCETX vs. PSTAX - Expense Ratio Comparison

SCETX has a 1.15% expense ratio, which is lower than PSTAX's 1.20% expense ratio.

Dividends

SCETX vs. PSTAX - Dividend Comparison

SCETX's dividend yield for the trailing twelve months is around 0.93%, less than PSTAX's 7.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSTAX Virtus KAR Capital Growth Fund	7.04%	7.58%	14.19%	6.07%	23.19%	7.73%	3.15%	2.71%	11.57%	6.28%	8.98%	4.59%
SCETX Virtus Ceredex Small-Cap Value Equity Fund	0.93%	1.09%	12.45%	11.39%	22.49%	18.08%	1.29%	5.64%	19.10%	17.59%	4.37%	37.54%

Frequently Asked Questions

Can I hold both SCETX and PSTAX in my portfolio?

SCETX and PSTAX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCETX or PSTAX?

PSTAX has higher volatility (5.47%) compared to SCETX (4.39%). In terms of maximum drawdown, SCETX dropped -55.69% vs PSTAX's -76.37%.

Which has better risk-adjusted returns?

SCETX currently has the higher Sharpe Ratio (1.82 vs 0.64), 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.