SSSFX vs. MRESX

Last updated Jun 24, 2026

SSSFX (SouthernSun Small Cap) and MRESX (Cromwell CenterSquare Real Estate Fund) are both mutual funds - SSSFX is a Small Cap Blend Equities fund managed by AMG, while MRESX is a REIT fund managed by AMG. Over the past 5 years, SSSFX returned 7.62%/yr vs 6.27%/yr for MRESX. A 0.51 correlation means they provide meaningful diversification when combined. SSSFX charges 1.30%/yr vs 1.02%/yr for MRESX.

Performance

SSSFX vs. MRESX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SouthernSun Small Cap (SSSFX) and Cromwell CenterSquare Real Estate Fund (MRESX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SSSFX achieves a 13.44% return, which is significantly lower than MRESX's 15.05% return.

SSSFX

• 1D: -0.25%
• 1M: 3.78%
• YTD: 13.44%
• 6M: 11.45%
• 1Y: 23.37%
• 3Y*: 9.29%
• 5Y*: 7.62%
• 10Y*: 9.79%

MRESX

• 1D: 1.25%
• 1M: 0.23%
• YTD: 15.05%
• 6M: 15.51%
• 1Y: 12.55%
• 3Y*: 12.25%
• 5Y*: 6.27%
• 10Y*: —

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

SSSFX vs. MRESX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SSSFX SouthernSun Small Cap	13.44%	4.72%	3.46%	12.52%	-1.86%	21.87%	14.08%	35.45%	-24.32%	10.33%
MRESX Cromwell CenterSquare Real Estate Fund	15.05%	0.87%	7.09%	11.77%	-24.59%	57.10%	-2.46%	28.85%	-5.41%	2.66%

Correlation

The correlation between SSSFX and MRESX is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Feb 24, 2017	0.51

The correlation between SSSFX and MRESX shifts across timeframes, from 0.44 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

SSSFX vs. MRESX — Risk / Return Rank

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

SSSFX

SSSFX Risk / Return Rank: 22
SSSFX Sharpe Ratio Rank: 21
SSSFX Sortino Ratio Rank: 24
SSSFX Omega Ratio Rank: 20
SSSFX Calmar Ratio Rank: 25
SSSFX Martin Ratio Rank: 19

MRESX

MRESX Risk / Return Rank: 21
MRESX Sharpe Ratio Rank: 17
MRESX Sortino Ratio Rank: 16
MRESX Omega Ratio Rank: 16
MRESX Calmar Ratio Rank: 31
MRESX Martin Ratio Rank: 25

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.

SSSFX vs. MRESX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SouthernSun Small Cap (SSSFX) and Cromwell CenterSquare Real Estate Fund (MRESX). 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.

	SSSFX	MRESX	Difference
Sharpe ratio: Return per unit of total volatility	1.22	1.08	+0.14
Sortino ratio: Return per unit of downside risk	1.88	1.50	+0.38
Omega ratio: Gain probability vs. loss probability	1.21	1.19	+0.02
Calmar ratio: Return relative to maximum drawdown	1.72	1.94	-0.23
Martin ratio: Return relative to average drawdown	4.48	5.61	-1.13

SSSFX vs. MRESX - Sharpe Ratio Comparison

The current SSSFX Sharpe Ratio is 1.22, which is comparable to the MRESX Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of SSSFX and MRESX, 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

SSSFX vs. MRESX - Drawdown Comparison

The maximum SSSFX drawdown since its inception was -65.85%, which is greater than MRESX's maximum drawdown of -40.84%. Use the drawdown chart below to compare losses from any high point for SSSFX and MRESX.

Drawdown Indicators

	SSSFX	MRESX	Difference
Max Drawdown Largest peak-to-trough decline	-65.85%	-40.84%	-25.01%
Max Drawdown (1Y) Largest decline over 1 year	-14.39%	-7.92%	-6.47%
Max Drawdown (3Y) Largest decline over 3 years	-32.76%	-17.29%	-15.47%
Max Drawdown (5Y) Largest decline over 5 years	-32.76%	-32.98%	+0.22%
Max Drawdown (10Y) Largest decline over 10 years	-45.20%	—	—
Current Drawdown Current decline from peak	-4.19%	-1.67%	-2.52%
Average Drawdown Average peak-to-trough decline	-10.89%	-9.47%	-1.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.50%	2.65%	+2.85%

Volatility

SSSFX vs. MRESX - Volatility Comparison

SouthernSun Small Cap (SSSFX) and Cromwell CenterSquare Real Estate Fund (MRESX) have volatilities of 5.37% and 5.15%, 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

	SSSFX	MRESX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.37%	5.15%	+0.22%
Volatility (6M) Calculated over the trailing 6-month period	14.57%	10.53%	+4.04%
Volatility (1Y) Calculated over the trailing 1-year period	20.33%	14.36%	+5.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.53%	20.66%	+1.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.35%	22.03%	+1.32%

SSSFX vs. MRESX - Expense Ratio Comparison

SSSFX has a 1.30% expense ratio, which is higher than MRESX's 1.02% expense ratio.

Dividends

SSSFX vs. MRESX - Dividend Comparison

SSSFX's dividend yield for the trailing twelve months is around 4.44%, more than MRESX's 1.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MRESX Cromwell CenterSquare Real Estate Fund	1.39%	1.49%	2.40%	2.01%	6.49%	14.54%	2.19%	10.71%	3.24%	10.34%	0.00%	0.00%
SSSFX SouthernSun Small Cap	4.44%	5.04%	13.93%	13.87%	9.40%	11.51%	0.23%	5.29%	4.77%	0.00%	0.00%	12.69%

Frequently Asked Questions

Can I hold both SSSFX and MRESX in my portfolio?

SSSFX and MRESX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SSSFX or MRESX?

SSSFX has higher volatility (5.37%) compared to MRESX (5.15%). In terms of maximum drawdown, SSSFX dropped -65.85% vs MRESX's -40.84%.

Which has better risk-adjusted returns?

SSSFX currently has the higher Sharpe Ratio (1.22 vs 1.08), 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.