SNIEX vs. DISRX

Last updated Jun 24, 2026

SNIEX (BNY Mellon International Equity Fund) and DISRX (BNY Mellon International Stock Fund) are both Foreign Large Cap Equities funds from Dreyfus. Over the past 10 years, SNIEX returned 7.51%/yr vs 8.06%/yr for DISRX. Their correlation of 0.91 suggests significant overlap in exposure. SNIEX charges 0.82%/yr vs 0.92%/yr for DISRX.

Performance

SNIEX vs. DISRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon International Equity Fund (SNIEX) and BNY Mellon International Stock Fund (DISRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNIEX achieves a 8.55% return, which is significantly higher than DISRX's 4.52% return. Over the past 10 years, SNIEX has underperformed DISRX with an annualized return of 7.51%, while DISRX has yielded a comparatively higher 8.06% annualized return.

SNIEX

• 1D: 0.00%
• 1M: 2.18%
• YTD: 8.55%
• 6M: 8.29%
• 1Y: 22.86%
• 3Y*: 13.56%
• 5Y*: 5.43%
• 10Y*: 7.51%

DISRX

• 1D: -0.95%
• 1M: -0.17%
• YTD: 4.52%
• 6M: 4.14%
• 1Y: 6.42%
• 3Y*: 5.28%
• 5Y*: 1.73%
• 10Y*: 8.06%

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

SNIEX vs. DISRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SNIEX BNY Mellon International Equity Fund	8.55%	39.57%	-7.97%	13.97%	-19.01%	7.69%	13.91%	20.39%	-17.20%	28.69%
DISRX BNY Mellon International Stock Fund	4.52%	5.92%	1.62%	18.48%	-22.02%	11.18%	19.26%	27.86%	-7.65%	27.01%

Correlation

The correlation between SNIEX and DISRX is 0.86, 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	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Dec 29, 2006	0.91

The correlation between SNIEX and DISRX has been stable across timeframes, ranging from 0.86 to 0.91 - a consistent structural relationship.

Return for Risk

SNIEX vs. DISRX — Risk / Return Rank

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

SNIEX

SNIEX Risk / Return Rank: 32
SNIEX Sharpe Ratio Rank: 32
SNIEX Sortino Ratio Rank: 33
SNIEX Omega Ratio Rank: 32
SNIEX Calmar Ratio Rank: 33
SNIEX Martin Ratio Rank: 31

DISRX

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

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.

SNIEX vs. DISRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon International Equity Fund (SNIEX) and BNY Mellon International Stock Fund (DISRX). 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.

	SNIEX	DISRX	Difference
Sharpe ratio: Return per unit of total volatility	1.51	0.47	+1.04
Sortino ratio: Return per unit of downside risk	2.22	0.78	+1.44
Omega ratio: Gain probability vs. loss probability	1.28	1.09	+0.19
Calmar ratio: Return relative to maximum drawdown	2.05	0.57	+1.48
Martin ratio: Return relative to average drawdown	6.61	1.73	+4.88

SNIEX vs. DISRX - Sharpe Ratio Comparison

The current SNIEX Sharpe Ratio is 1.51, which is higher than the DISRX Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of SNIEX and DISRX, 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

SNIEX vs. DISRX - Drawdown Comparison

The maximum SNIEX drawdown since its inception was -56.96%, which is greater than DISRX's maximum drawdown of -45.82%. Use the drawdown chart below to compare losses from any high point for SNIEX and DISRX.

Drawdown Indicators

	SNIEX	DISRX	Difference
Max Drawdown Largest peak-to-trough decline	-56.96%	-45.82%	-11.14%
Max Drawdown (1Y) Largest decline over 1 year	-11.22%	-12.82%	+1.60%
Max Drawdown (3Y) Largest decline over 3 years	-35.87%	-19.16%	-16.71%
Max Drawdown (5Y) Largest decline over 5 years	-35.87%	-35.09%	-0.78%
Max Drawdown (10Y) Largest decline over 10 years	-36.74%	-35.09%	-1.65%
Current Drawdown Current decline from peak	-1.83%	-1.55%	-0.28%
Average Drawdown Average peak-to-trough decline	-15.45%	-8.16%	-7.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.48%	4.22%	-0.74%

Volatility

SNIEX vs. DISRX - Volatility Comparison

BNY Mellon International Equity Fund (SNIEX) and BNY Mellon International Stock Fund (DISRX) have volatilities of 4.79% and 4.93%, 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

	SNIEX	DISRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.79%	4.93%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	12.61%	12.56%	+0.05%
Volatility (1Y) Calculated over the trailing 1-year period	15.33%	15.57%	-0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.55%	16.58%	+9.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.26%	15.89%	+6.37%

SNIEX vs. DISRX - Expense Ratio Comparison

SNIEX has a 0.82% expense ratio, which is lower than DISRX's 0.92% expense ratio.

Dividends

SNIEX vs. DISRX - Dividend Comparison

SNIEX's dividend yield for the trailing twelve months is around 17.34%, more than DISRX's 9.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DISRX BNY Mellon International Stock Fund	9.81%	10.25%	6.09%	2.13%	2.56%	0.85%	3.08%	2.53%	1.71%	1.05%	1.23%	1.30%
SNIEX BNY Mellon International Equity Fund	17.34%	18.82%	38.06%	7.05%	3.67%	3.35%	1.51%	2.55%	2.26%	1.34%	1.40%	1.13%

Frequently Asked Questions

Can I hold both SNIEX and DISRX in my portfolio?

SNIEX and DISRX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNIEX or DISRX?

DISRX has higher volatility (4.93%) compared to SNIEX (4.79%). In terms of maximum drawdown, SNIEX dropped -56.96% vs DISRX's -45.82%.

Which has better risk-adjusted returns?

SNIEX currently has the higher Sharpe Ratio (1.51 vs 0.47), 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.