SVPIX vs. PMJIX

Last updated Jul 14, 2026

SVPIX (ProFunds Small Cap Value Fund) and PMJIX (PIMCO RAE US Small Fund) are both Small Cap Value Equities funds. Over the past 10 years, SVPIX returned 8.04%/yr vs 13.33%/yr for PMJIX. Their correlation of 0.95 suggests significant overlap in exposure. SVPIX charges 1.61%/yr vs 0.50%/yr for PMJIX.

Performance

SVPIX vs. PMJIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds Small Cap Value Fund (SVPIX) and PIMCO RAE US Small Fund (PMJIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SVPIX achieves a 17.84% return, which is significantly lower than PMJIX's 19.78% return. Over the past 10 years, SVPIX has underperformed PMJIX with an annualized return of 8.04%, while PMJIX has yielded a comparatively higher 13.33% annualized return.

SVPIX

• 1D: 0.46%
• 1M: -0.12%
• 6M: 11.72%
• YTD: 17.84%
• 1Y: 29.19%
• 3Y*: 11.25%
• 5Y*: 4.99%
• 10Y*: 8.04%

PMJIX

• 1D: 0.29%
• 1M: -1.49%
• 6M: 13.62%
• YTD: 19.78%
• 1Y: 30.36%
• 3Y*: 19.40%
• 5Y*: 11.58%
• 10Y*: 13.33%

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

SVPIX vs. PMJIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SVPIX ProFunds Small Cap Value Fund	17.84%	4.52%	4.54%	12.43%	-12.84%	28.86%	1.05%	22.26%	-14.02%	9.52%
PMJIX PIMCO RAE US Small Fund	19.78%	5.11%	22.05%	19.77%	-4.62%	39.15%	6.95%	20.22%	-11.69%	9.22%

Correlation

The correlation between SVPIX and PMJIX is 0.95, 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	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jun 5, 2015	0.95

The correlation between SVPIX and PMJIX has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

Return for Risk

SVPIX vs. PMJIX — Risk / Return Rank

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

SVPIX

SVPIX Risk / Return Rank: 57
SVPIX Sharpe Ratio Rank: 48
SVPIX Sortino Ratio Rank: 51
SVPIX Omega Ratio Rank: 44
SVPIX Calmar Ratio Rank: 80
SVPIX Martin Ratio Rank: 63

PMJIX

PMJIX Risk / Return Rank: 68
PMJIX Sharpe Ratio Rank: 58
PMJIX Sortino Ratio Rank: 62
PMJIX Omega Ratio Rank: 50
PMJIX Calmar Ratio Rank: 91
PMJIX Martin Ratio Rank: 80

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.

SVPIX vs. PMJIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds Small Cap Value Fund (SVPIX) and PIMCO RAE US Small Fund (PMJIX). 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.

	SVPIX	PMJIX	Difference
Sharpe ratio: Return per unit of total volatility	1.54	1.70	-0.16
Sortino ratio: Return per unit of downside risk	2.30	2.48	-0.18
Omega ratio: Gain probability vs. loss probability	1.27	1.29	-0.02
Calmar ratio: Return relative to maximum drawdown	2.92	3.82	-0.90
Martin ratio: Return relative to average drawdown	9.56	11.28	-1.72

SVPIX vs. PMJIX - Sharpe Ratio Comparison

The current SVPIX Sharpe Ratio is 1.54, which is comparable to the PMJIX Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of SVPIX and PMJIX, 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

SVPIX vs. PMJIX - Drawdown Comparison

The maximum SVPIX drawdown since its inception was -60.67%, which is greater than PMJIX's maximum drawdown of -49.75%. Use the drawdown chart below to compare losses from any high point for SVPIX and PMJIX.

Drawdown Indicators

	SVPIX	PMJIX	Difference
Max Drawdown Largest peak-to-trough decline	-60.67%	-49.75%	-10.92%
Max Drawdown (1Y) Largest decline over 1 year	-9.55%	-7.62%	-1.93%
Max Drawdown (3Y) Largest decline over 3 years	-29.67%	-26.04%	-3.63%
Max Drawdown (5Y) Largest decline over 5 years	-29.67%	-49.75%	+20.08%
Max Drawdown (10Y) Largest decline over 10 years	-49.17%	-49.75%	+0.58%
Current Drawdown Current decline from peak	-1.55%	-1.49%	-0.06%
Average Drawdown Average peak-to-trough decline	-11.48%	-16.08%	+4.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	2.59%	+0.34%

Volatility

SVPIX vs. PMJIX - Volatility Comparison

ProFunds Small Cap Value Fund (SVPIX) and PIMCO RAE US Small Fund (PMJIX) have volatilities of 4.47% and 4.31%, 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

	SVPIX	PMJIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.47%	4.31%	+0.16%
Volatility (6M) Calculated over the trailing 6-month period	11.84%	11.70%	+0.14%
Volatility (1Y) Calculated over the trailing 1-year period	18.08%	17.14%	+0.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.88%	39.39%	-17.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.44%	33.03%	-9.59%

SVPIX vs. PMJIX - Expense Ratio Comparison

SVPIX has a 1.61% expense ratio, which is higher than PMJIX's 0.50% expense ratio.

Dividends

SVPIX vs. PMJIX - Dividend Comparison

SVPIX has not paid dividends to shareholders, while PMJIX's dividend yield for the trailing twelve months is around 2.63%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PMJIX PIMCO RAE US Small Fund	2.63%	3.15%	3.26%	1.25%	9.91%	65.79%	9.46%	1.55%	7.65%	4.69%	1.24%	1.67%
SVPIX ProFunds Small Cap Value Fund	0.00%	0.00%	0.00%	0.00%	1.47%	0.18%	0.00%	0.07%	13.10%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SVPIX and PMJIX in my portfolio?

With a correlation of 0.95, SVPIX and PMJIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SVPIX or PMJIX?

SVPIX has higher volatility (4.47%) compared to PMJIX (4.31%). In terms of maximum drawdown, SVPIX dropped -60.67% vs PMJIX's -49.75%.

Which has better risk-adjusted returns?

PMJIX currently has the higher Sharpe Ratio (1.70 vs 1.54), 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.