STCIX vs. NIE

Last updated Aug 1, 2026

STCIX (Virtus Silvant Large-Cap Growth Stock Fund) and NIE (Virtus Equity & Convertible Income Fund) are both mutual funds - STCIX is a Large Cap Growth Equities fund managed by Virtus, while NIE is a Derivative Income fund actively managed by Virtus. Over the past 10 years, STCIX returned 16.27%/yr vs 13.53%/yr for NIE. Their 0.74 correlation means they have sometimes moved together and sometimes differently. STCIX charges 1.23%/yr vs 1.12%/yr for NIE.

Performance

STCIX vs. NIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Silvant Large-Cap Growth Stock Fund (STCIX) and Virtus Equity & Convertible Income Fund (NIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STCIX achieves a -1.31% return, which is significantly lower than NIE's 8.69% return. Over the past 10 years, STCIX has outperformed NIE with an annualized return of 16.27%, while NIE has yielded a comparatively lower 13.53% annualized return.

STCIX

• 1D: 2.14%
• 1M: -2.15%
• 6M: 0.76%
• YTD: -1.31%
• 1Y: 8.07%
• 3Y*: 18.54%
• 5Y*: 11.65%
• 10Y*: 16.27%
• ALL TIME*: 10.05%

NIE

• 1D: 0.93%
• 1M: -1.82%
• 6M: 6.42%
• YTD: 8.69%
• 1Y: 20.42%
• 3Y*: 16.45%
• 5Y*: 9.57%
• 10Y*: 13.53%
• ALL TIME*: 9.44%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NIE Virtus Equity & Convertible Income Fund	$1.43M	$1.33M	$1.69M
STCIX Virtus Silvant Large-Cap Growth Stock Fund	$0.00	$0.00	$0.00

STCIX vs. NIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
STCIX Virtus Silvant Large-Cap Growth Stock Fund	-1.31%	18.87%	32.68%	48.92%	-29.37%	23.90%	36.00%	34.08%	-1.12%	26.84%
NIE Virtus Equity & Convertible Income Fund	8.69%	12.15%	28.64%	26.71%	-26.73%	18.89%	33.78%	31.09%	-5.69%	23.68%

Correlation

The correlation between STCIX and NIE is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.77
Correlation (3Y) Balances recent behavior with more history.	0.74
Correlation (5Y) Shows whether the relationship held over a longer period.	0.80
Correlation (10Y) Provides a long-term view across more market conditions.	0.77
Correlation (All Time) Calculated using the full available price history since Feb 23, 2007	0.74

The correlation between STCIX and NIE has been stable across timeframes, ranging from 0.74 to 0.80 - a consistent structural relationship.

Return for Risk

STCIX vs. NIE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

STCIX

STCIX Risk / Return Rank: 10
STCIX Sharpe Ratio Rank: 10
STCIX Sortino Ratio Rank: 10
STCIX Omega Ratio Rank: 10
STCIX Calmar Ratio Rank: 10
STCIX Martin Ratio Rank: 10

NIE

NIE Risk / Return Rank: 64
NIE Sharpe Ratio Rank: 64
NIE Sortino Ratio Rank: 62
NIE Omega Ratio Rank: 60
NIE Calmar Ratio Rank: 64
NIE Martin Ratio Rank: 68

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

STCIX vs. NIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Silvant Large-Cap Growth Stock Fund (STCIX) and Virtus Equity & Convertible Income Fund (NIE). 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.

	STCIX	NIE	Difference
Sharpe ratio: Return per unit of total volatility	0.37	1.54	-1.16
Sortino ratio: Return per unit of downside risk	0.63	2.18	-1.55
Omega ratio: Gain probability vs. loss probability	1.08	1.27	-0.20
Calmar ratio: Return relative to maximum drawdown	0.40	2.15	-1.76
Martin ratio: Return relative to average drawdown	1.24	8.40	-7.16

STCIX vs. NIE - Sharpe Ratio Comparison

The current STCIX Sharpe Ratio is 0.37, which is lower than the NIE Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of STCIX and NIE, 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

STCIX vs. NIE - Drawdown Comparison

The maximum STCIX drawdown since its inception was -51.58%, smaller than the maximum NIE drawdown of -57.90%. Use the drawdown chart below to compare losses from any high point for STCIX and NIE.

Drawdown Indicators

	STCIX	NIE	Difference
Max Drawdown Largest peak-to-trough decline	-51.58%	-57.90%	+6.32%
Max Drawdown (1Y) Largest decline over 1 year	-16.20%	-8.99%	-7.21%
Max Drawdown (3Y) Largest decline over 3 years	-22.44%	-20.79%	-1.65%
Max Drawdown (5Y) Largest decline over 5 years	-33.44%	-31.04%	-2.40%
Max Drawdown (10Y) Largest decline over 10 years	-33.44%	-38.99%	+5.55%
Current Drawdown Current decline from peak	-7.97%	-3.39%	-4.58%
Average Drawdown Average peak-to-trough decline	-10.12%	-7.96%	-2.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.16%	2.30%	+2.86%

Volatility

STCIX vs. NIE - Volatility Comparison

Virtus Silvant Large-Cap Growth Stock Fund (STCIX) has a higher volatility of 4.97% compared to Virtus Equity & Convertible Income Fund (NIE) at 3.96%. This indicates that STCIX's price experiences larger fluctuations and is considered to be riskier than NIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STCIX	NIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.97%	3.96%	+1.01%
Volatility (6M) Calculated over the trailing 6-month period	13.63%	10.47%	+3.16%
Volatility (1Y) Calculated over the trailing 1-year period	17.12%	12.59%	+4.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.16%	17.67%	+4.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.80%	19.80%	+2.00%

STCIX vs. NIE - Expense Ratio Comparison

STCIX has a 1.23% expense ratio, which is higher than NIE's 1.12% expense ratio.

Dividends

STCIX vs. NIE - Dividend Comparison

STCIX's dividend yield for the trailing twelve months is around 2.61%, less than NIE's 10.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NIE Virtus Equity & Convertible Income Fund	10.04%	10.14%	8.11%	9.56%	21.81%	10.86%	5.37%	6.71%	8.20%	7.19%	8.25%	8.46%
STCIX Virtus Silvant Large-Cap Growth Stock Fund	2.61%	2.15%	1.15%	3.61%	7.72%	12.40%	11.52%	14.30%	19.54%	52.96%	17.29%	9.82%

Frequently Asked Questions

Can I hold both STCIX and NIE in my portfolio?

STCIX and NIE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STCIX or NIE?

STCIX has higher volatility (4.97%) compared to NIE (3.96%). In terms of maximum drawdown, STCIX dropped -51.58% vs NIE's -57.90%.

Which has better risk-adjusted returns?

NIE currently has the higher Sharpe Ratio (1.54 vs 0.37), 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.