TDVFX vs. FESCX

Last updated Jun 3, 2026

TDVFX (Towle Deep Value Fund) and FESCX (First Eagle Small Cap Opportunity Fund) are both Small Cap Value Equities funds. Their correlation of 0.87 suggests significant overlap in exposure. TDVFX charges 1.10%/yr vs 1.00%/yr for FESCX.

Performance

TDVFX vs. FESCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Towle Deep Value Fund (TDVFX) and First Eagle Small Cap Opportunity Fund (FESCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TDVFX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FESCX

• 1D: 0.28%
• 1M: 1.99%
• YTD: 23.60%
• 6M: 25.52%
• 1Y: 50.55%
• 3Y*: 18.08%
• 5Y*: —
• 10Y*: —

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

TDVFX vs. FESCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TDVFX Towle Deep Value Fund	2.30%	1.50%	-17.89%	18.95%	-2.26%	3.98%
FESCX First Eagle Small Cap Opportunity Fund	23.60%	13.33%	6.47%	16.75%	-14.05%	1.23%

Correlation

The correlation between TDVFX and FESCX is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021	0.87

The correlation between TDVFX and FESCX shifts across timeframes, from 0.71 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TDVFX vs. FESCX — Risk / Return Rank

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

FESCX

FESCX Risk / Return Rank: 80
FESCX Sharpe Ratio Rank: 82
FESCX Sortino Ratio Rank: 76
FESCX Omega Ratio Rank: 63
FESCX Calmar Ratio Rank: 92
FESCX Martin Ratio Rank: 89

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.

TDVFX vs. FESCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Towle Deep Value Fund (TDVFX) and First Eagle Small Cap Opportunity Fund (FESCX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TDVFX	FESCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.39	—

Drawdowns

Drawdown Indicators

	TDVFX	FESCX	Difference
Max Drawdown Largest peak-to-trough decline	—	-28.53%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-10.26%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-28.53%	—
Current Drawdown Current decline from peak	—	-0.97%	—
Average Drawdown Average peak-to-trough decline	—	-8.85%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.83%	—

Volatility

Volatility by Period

	TDVFX	FESCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.47%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	19.26%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	22.65%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	22.65%	—

TDVFX vs. FESCX - Expense Ratio Comparison

TDVFX has a 1.10% expense ratio, which is higher than FESCX's 1.00% expense ratio.

Dividends

TDVFX vs. FESCX - Dividend Comparison

TDVFX's dividend yield for the trailing twelve months is around 0.53%, less than FESCX's 0.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FESCX First Eagle Small Cap Opportunity Fund	0.84%	1.03%	1.56%	0.60%	0.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TDVFX Towle Deep Value Fund	0.53%	0.46%	1.72%	2.10%	7.93%	0.00%	0.07%	0.93%	11.24%	22.54%	0.00%	4.33%

Frequently Asked Questions

Can I hold both TDVFX and FESCX in my portfolio?

TDVFX and FESCX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.