STSVX vs. DLDRX

Last updated Aug 5, 2026

STSVX (BNY Mellon Small Cap Value Fund) and DLDRX (BNY Mellon Natural Resources Fund) are both mutual funds - STSVX is a Small Cap Blend Equities fund managed by Dreyfus, while DLDRX is a Energy Equities fund managed by Dreyfus. Over the past 10 years, STSVX returned 9.57%/yr vs 12.86%/yr for DLDRX. Their 0.69 correlation means they have sometimes moved together and sometimes differently. STSVX charges 1.03%/yr vs 0.91%/yr for DLDRX.

Performance

STSVX vs. DLDRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Small Cap Value Fund (STSVX) and BNY Mellon Natural Resources Fund (DLDRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with STSVX having a 21.99% return and DLDRX slightly lower at 21.43%. Over the past 10 years, STSVX has underperformed DLDRX with an annualized return of 9.57%, while DLDRX has yielded a comparatively higher 12.86% annualized return.

STSVX

• 1D: 1.27%
• 1M: -1.35%
• 6M: 13.24%
• YTD: 21.99%
• 1Y: 28.56%
• 3Y*: 12.06%
• 5Y*: 7.79%
• 10Y*: 9.57%
• ALL TIME*: 10.08%

DLDRX

• 1D: -0.23%
• 1M: 5.74%
• 6M: 4.26%
• YTD: 21.43%
• 1Y: 42.86%
• 3Y*: 10.47%
• 5Y*: 18.12%
• 10Y*: 12.86%
• ALL TIME*: 11.06%

*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)
DLDRX BNY Mellon Natural Resources Fund	$0.00	$0.00	$0.00
STSVX BNY Mellon Small Cap Value Fund	$0.00	$0.00	$0.00

STSVX vs. DLDRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
STSVX BNY Mellon Small Cap Value Fund	21.99%	8.27%	5.04%	6.86%	-9.05%	24.73%	4.21%	24.54%	-8.69%	10.60%
DLDRX BNY Mellon Natural Resources Fund	21.43%	15.04%	0.81%	1.58%	34.18%	38.30%	6.58%	16.64%	-17.57%	14.05%

Correlation

The correlation between STSVX and DLDRX is 0.51, 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.	0.51
Correlation (3Y) Balances recent behavior with more history.	0.64
Correlation (5Y) Shows whether the relationship held over a longer period.	0.67
Correlation (10Y) Provides a long-term view across more market conditions.	0.71
Correlation (All Time) Calculated using the full available price history since Oct 31, 2003	0.69

The correlation between STSVX and DLDRX shifts across timeframes, from 0.51 (1 year) to 0.71 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

STSVX vs. DLDRX — Risk / Return Rank

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

STSVX

STSVX Risk / Return Rank: 70
STSVX Sharpe Ratio Rank: 67
STSVX Sortino Ratio Rank: 70
STSVX Omega Ratio Rank: 56
STSVX Calmar Ratio Rank: 84
STSVX Martin Ratio Rank: 72

DLDRX

DLDRX Risk / Return Rank: 86
DLDRX Sharpe Ratio Rank: 89
DLDRX Sortino Ratio Rank: 82
DLDRX Omega Ratio Rank: 80
DLDRX Calmar Ratio Rank: 91
DLDRX Martin Ratio Rank: 86

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.

STSVX vs. DLDRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Small Cap Value Fund (STSVX) and BNY Mellon Natural Resources Fund (DLDRX). 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.

	STSVX	DLDRX	Difference
Sharpe ratio: Return per unit of total volatility	1.81	2.31	-0.50
Sortino ratio: Return per unit of downside risk	2.63	2.99	-0.36
Omega ratio: Gain probability vs. loss probability	1.31	1.39	-0.08
Calmar ratio: Return relative to maximum drawdown	3.23	3.87	-0.63
Martin ratio: Return relative to average drawdown	10.19	12.07	-1.88

STSVX vs. DLDRX - Sharpe Ratio Comparison

The current STSVX Sharpe Ratio is 1.81, which is comparable to the DLDRX Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of STSVX and DLDRX, 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

STSVX vs. DLDRX - Drawdown Comparison

The maximum STSVX drawdown since its inception was -58.05%, smaller than the maximum DLDRX drawdown of -69.13%. Use the drawdown chart below to compare losses from any high point for STSVX and DLDRX.

Drawdown Indicators

	STSVX	DLDRX	Difference
Max Drawdown Largest peak-to-trough decline	-58.05%	-69.13%	+11.08%
Max Drawdown (1Y) Largest decline over 1 year	-9.45%	-11.26%	+1.81%
Max Drawdown (3Y) Largest decline over 3 years	-27.50%	-32.44%	+4.94%
Max Drawdown (5Y) Largest decline over 5 years	-27.50%	-32.44%	+4.94%
Max Drawdown (10Y) Largest decline over 10 years	-43.41%	-54.24%	+10.83%
Current Drawdown Current decline from peak	-2.18%	-4.97%	+2.79%
Average Drawdown Average peak-to-trough decline	-8.81%	-20.67%	+11.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	3.60%	-0.61%

Volatility

STSVX vs. DLDRX - Volatility Comparison

The current volatility for BNY Mellon Small Cap Value Fund (STSVX) is 3.66%, while BNY Mellon Natural Resources Fund (DLDRX) has a volatility of 4.36%. This indicates that STSVX experiences smaller price fluctuations and is considered to be less risky than DLDRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STSVX	DLDRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.66%	4.36%	-0.70%
Volatility (6M) Calculated over the trailing 6-month period	11.81%	13.82%	-2.01%
Volatility (1Y) Calculated over the trailing 1-year period	16.93%	18.85%	-1.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.51%	25.44%	-4.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.66%	25.48%	-2.82%

STSVX vs. DLDRX - Expense Ratio Comparison

STSVX has a 1.03% expense ratio, which is higher than DLDRX's 0.91% expense ratio.

Dividends

STSVX vs. DLDRX - Dividend Comparison

STSVX's dividend yield for the trailing twelve months is around 31.24%, more than DLDRX's 1.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DLDRX BNY Mellon Natural Resources Fund	1.92%	2.33%	7.45%	12.42%	9.66%	5.07%	1.11%	2.16%	1.87%	0.63%	1.44%	1.25%
STSVX BNY Mellon Small Cap Value Fund	31.24%	38.10%	13.68%	4.85%	9.08%	12.78%	0.77%	8.24%	16.03%	18.50%	8.41%	9.68%

Frequently Asked Questions

Can I hold both STSVX and DLDRX in my portfolio?

STSVX and DLDRX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STSVX or DLDRX?

DLDRX has higher volatility (4.36%) compared to STSVX (3.66%). In terms of maximum drawdown, STSVX dropped -58.05% vs DLDRX's -69.13%.

Which has better risk-adjusted returns?

DLDRX currently has the higher Sharpe Ratio (2.31 vs 1.81), 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.