TSCIX vs. ARSVX
TSCIX (AMG TimesSquare Small Cap Growth Fund) and ARSVX (AMG River Road Small Cap Value Fund) are both mutual funds - TSCIX is a Small Cap Growth Equities fund managed by AMG, while ARSVX is a Small Cap Value Equities fund managed by AMG. Over the past 10 years, TSCIX returned 10.65%/yr vs 9.24%/yr for ARSVX. Their correlation of 0.86 suggests significant overlap in exposure. TSCIX charges 0.99%/yr vs 1.35%/yr for ARSVX.
Performance
TSCIX vs. ARSVX - Performance Comparison
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Returns By Period
In the year-to-date period, TSCIX achieves a 11.74% return, which is significantly higher than ARSVX's 3.28% return. Over the past 10 years, TSCIX has outperformed ARSVX with an annualized return of 10.65%, while ARSVX has yielded a comparatively lower 9.24% annualized return.
TSCIX
- 1D
- 2.50%
- 1M
- 3.58%
- YTD
- 11.74%
- 6M
- 8.38%
- 1Y
- 14.96%
- 3Y*
- 9.39%
- 5Y*
- 1.68%
- 10Y*
- 10.65%
ARSVX
- 1D
- 1.23%
- 1M
- 3.21%
- YTD
- 3.28%
- 6M
- 1.65%
- 1Y
- -1.46%
- 3Y*
- 6.53%
- 5Y*
- 4.51%
- 10Y*
- 9.24%
TSCIX vs. ARSVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSCIX AMG TimesSquare Small Cap Growth Fund | 11.74% | 0.84% | 8.50% | 16.73% | -26.42% | 7.34% | 35.36% | 44.90% | -4.05% | 21.17% |
ARSVX AMG River Road Small Cap Value Fund | 3.28% | -7.36% | 14.05% | 14.86% | -6.49% | 21.14% | 1.84% | 38.29% | -6.96% | 11.73% |
Correlation
The correlation between TSCIX and ARSVX is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2005 | 0.86 |
The correlation between TSCIX and ARSVX shifts across timeframes, from 0.69 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
TSCIX vs. ARSVX — Risk / Return Rank
TSCIX
ARSVX
TSCIX vs. ARSVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AMG TimesSquare Small Cap Growth Fund (TSCIX) and AMG River Road Small Cap Value Fund (ARSVX). 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.
| TSCIX | ARSVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.01 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.78 | -0.05 | +0.83 |
| Martin ratioReturn relative to average drawdown | 2.56 | -0.10 | +2.66 |
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Drawdowns
TSCIX vs. ARSVX - Drawdown Comparison
The maximum TSCIX drawdown since its inception was -49.74%, smaller than the maximum ARSVX drawdown of -54.85%. Use the drawdown chart below to compare losses from any high point for TSCIX and ARSVX.
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Drawdown Indicators
| TSCIX | ARSVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.74% | -54.85% | +5.11% |
Max Drawdown (1Y)Largest decline over 1 year | -18.91% | -16.62% | -2.29% |
Max Drawdown (3Y)Largest decline over 3 years | -29.48% | -19.21% | -10.27% |
Max Drawdown (5Y)Largest decline over 5 years | -40.51% | -19.21% | -21.30% |
Max Drawdown (10Y)Largest decline over 10 years | -40.51% | -40.52% | +0.01% |
Current DrawdownCurrent decline from peak | -2.50% | -10.10% | +7.60% |
Average DrawdownAverage peak-to-trough decline | -11.63% | -8.68% | -2.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 8.36% | -2.61% |
Volatility
TSCIX vs. ARSVX - Volatility Comparison
AMG TimesSquare Small Cap Growth Fund (TSCIX) has a higher volatility of 7.15% compared to AMG River Road Small Cap Value Fund (ARSVX) at 3.35%. This indicates that TSCIX's price experiences larger fluctuations and is considered to be riskier than ARSVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSCIX | ARSVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.15% | 3.35% | +3.80% |
Volatility (6M)Calculated over the trailing 6-month period | 17.38% | 13.85% | +3.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.09% | 17.13% | +3.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.76% | 17.85% | +5.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.68% | 19.36% | +4.32% |
TSCIX vs. ARSVX - Expense Ratio Comparison
TSCIX has a 0.99% expense ratio, which is lower than ARSVX's 1.35% expense ratio.
Dividends
TSCIX vs. ARSVX - Dividend Comparison
Neither TSCIX nor ARSVX has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARSVX AMG River Road Small Cap Value Fund | 0.00% | 0.00% | 8.50% | 4.78% | 3.87% | 7.75% | 0.00% | 12.10% | 13.01% | 14.96% | 4.96% | 6.51% |
TSCIX AMG TimesSquare Small Cap Growth Fund | 0.00% | 0.00% | 0.69% | 0.00% | 6.63% | 22.45% | 13.38% | 22.41% | 30.72% | 10.75% | 3.70% | 11.91% |
Frequently Asked Questions
TSCIX and ARSVX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSCIX has higher volatility (7.15%) compared to ARSVX (3.35%). In terms of maximum drawdown, TSCIX dropped -49.74% vs ARSVX's -54.85%.
TSCIX currently has the higher Sharpe Ratio (0.70 vs -0.05), 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.
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