STVTX vs. PKSFX

Last updated Aug 1, 2026

STVTX (Virtus Ceredex Large-Cap Value Equity Fund) and PKSFX (Virtus KAR Small-Cap Core Fund) are both mutual funds - STVTX is a Large Cap Value Equities fund managed by Virtus, while PKSFX is a Mid Cap Growth Equities fund managed by Virtus. Over the past 10 years, STVTX returned 10.54%/yr vs 15.08%/yr for PKSFX. Their correlation of 0.82 means they have usually moved in the same direction. STVTX charges 0.97%/yr vs 1.00%/yr for PKSFX.

Performance

STVTX vs. PKSFX - Performance Comparison

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

Returns By Period

In the year-to-date period, STVTX achieves a 19.01% return, which is significantly higher than PKSFX's 7.36% return. Over the past 10 years, STVTX has underperformed PKSFX with an annualized return of 10.54%, while PKSFX has yielded a comparatively higher 15.08% annualized return.

STVTX

• 1D: 1.38%
• 1M: 0.45%
• 6M: 13.95%
• YTD: 19.01%
• 1Y: 27.64%
• 3Y*: 15.44%
• 5Y*: 9.27%
• 10Y*: 10.54%
• ALL TIME*: 9.44%

PKSFX

• 1D: -0.70%
• 1M: -2.66%
• 6M: 0.46%
• YTD: 7.36%
• 1Y: 6.06%
• 3Y*: 8.90%
• 5Y*: 8.16%
• 10Y*: 15.08%
• ALL TIME*: 10.85%

*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)
PKSFX Virtus KAR Small-Cap Core Fund	$0.00	$0.00	$0.00
STVTX Virtus Ceredex Large-Cap Value Equity Fund	$0.00	$0.00	$0.00

STVTX vs. PKSFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
STVTX Virtus Ceredex Large-Cap Value Equity Fund	19.01%	11.95%	9.91%	14.84%	-13.97%	25.70%	3.75%	31.00%	-10.77%	16.24%
PKSFX Virtus KAR Small-Cap Core Fund	7.36%	-2.58%	13.67%	32.32%	-10.77%	19.03%	21.38%	40.21%	-1.99%	34.98%

Correlation

The correlation between STVTX and PKSFX is 0.73, 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.	0.73
Correlation (3Y) Balances recent behavior with more history.	0.82
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (10Y) Provides a long-term view across more market conditions.	0.83
Correlation (All Time) Calculated using the full available price history since Oct 18, 1996	0.82

The correlation between STVTX and PKSFX shifts across timeframes, from 0.73 (1 year) to 0.85 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

STVTX vs. PKSFX — Risk / Return Rank

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

STVTX

STVTX Risk / Return Rank: 80
STVTX Sharpe Ratio Rank: 76
STVTX Sortino Ratio Rank: 75
STVTX Omega Ratio Rank: 71
STVTX Calmar Ratio Rank: 87
STVTX Martin Ratio Rank: 89

PKSFX

PKSFX Risk / Return Rank: 8
PKSFX Sharpe Ratio Rank: 8
PKSFX Sortino Ratio Rank: 9
PKSFX Omega Ratio Rank: 8
PKSFX Calmar Ratio Rank: 9
PKSFX Martin Ratio Rank: 8

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.

STVTX vs. PKSFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Ceredex Large-Cap Value Equity Fund (STVTX) and Virtus KAR Small-Cap Core Fund (PKSFX). 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.

	STVTX	PKSFX	Difference
Sharpe ratio: Return per unit of total volatility	1.81	0.25	+1.56
Sortino ratio: Return per unit of downside risk	2.61	0.50	+2.10
Omega ratio: Gain probability vs. loss probability	1.32	1.05	+0.27
Calmar ratio: Return relative to maximum drawdown	3.17	0.36	+2.81
Martin ratio: Return relative to average drawdown	12.26	0.71	+11.55

STVTX vs. PKSFX - Sharpe Ratio Comparison

The current STVTX Sharpe Ratio is 1.81, which is higher than the PKSFX Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of STVTX and PKSFX, 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

STVTX vs. PKSFX - Drawdown Comparison

The maximum STVTX drawdown since its inception was -53.12%, roughly equal to the maximum PKSFX drawdown of -54.46%. Use the drawdown chart below to compare losses from any high point for STVTX and PKSFX.

Drawdown Indicators

	STVTX	PKSFX	Difference
Max Drawdown Largest peak-to-trough decline	-53.12%	-54.46%	+1.34%
Max Drawdown (1Y) Largest decline over 1 year	-8.06%	-11.19%	+3.13%
Max Drawdown (3Y) Largest decline over 3 years	-29.49%	-21.82%	-7.67%
Max Drawdown (5Y) Largest decline over 5 years	-29.49%	-22.02%	-7.47%
Max Drawdown (10Y) Largest decline over 10 years	-41.46%	-33.45%	-8.01%
Current Drawdown Current decline from peak	0.00%	-4.23%	+4.23%
Average Drawdown Average peak-to-trough decline	-7.66%	-7.16%	-0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.08%	5.61%	-3.53%

Volatility

STVTX vs. PKSFX - Volatility Comparison

The current volatility for Virtus Ceredex Large-Cap Value Equity Fund (STVTX) is 2.95%, while Virtus KAR Small-Cap Core Fund (PKSFX) has a volatility of 4.20%. This indicates that STVTX experiences smaller price fluctuations and is considered to be less risky than PKSFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STVTX	PKSFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.95%	4.20%	-1.25%
Volatility (6M) Calculated over the trailing 6-month period	11.15%	11.00%	+0.15%
Volatility (1Y) Calculated over the trailing 1-year period	14.16%	15.68%	-1.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.15%	18.00%	+3.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.33%	18.80%	+1.53%

STVTX vs. PKSFX - Expense Ratio Comparison

STVTX has a 0.97% expense ratio, which is lower than PKSFX's 1.00% expense ratio.

Dividends

STVTX vs. PKSFX - Dividend Comparison

STVTX's dividend yield for the trailing twelve months is around 15.49%, more than PKSFX's 13.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PKSFX Virtus KAR Small-Cap Core Fund	13.32%	14.30%	4.07%	4.12%	6.65%	12.05%	7.45%	4.03%	4.33%	0.17%	5.69%	19.83%
STVTX Virtus Ceredex Large-Cap Value Equity Fund	15.49%	15.05%	22.34%	2.47%	11.17%	31.52%	5.63%	6.98%	29.94%	17.07%	0.39%	10.54%

Frequently Asked Questions

Can I hold both STVTX and PKSFX in my portfolio?

STVTX and PKSFX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STVTX or PKSFX?

PKSFX has higher volatility (4.20%) compared to STVTX (2.95%). In terms of maximum drawdown, STVTX dropped -53.12% vs PKSFX's -54.46%.

Which has better risk-adjusted returns?

STVTX currently has the higher Sharpe Ratio (1.81 vs 0.25), 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.