TVRIX vs. VPMCX

Last updated Jun 25, 2026

TVRIX (Guggenheim Directional Allocation Fund) and VPMCX (Vanguard PRIMECAP Fund Investor Shares) are both Large Cap Growth Equities funds. Over the past 10 years, TVRIX returned 10.30%/yr vs 18.18%/yr for VPMCX. Their correlation of 0.86 suggests significant overlap in exposure. TVRIX charges 1.09%/yr vs 0.35%/yr for VPMCX.

Performance

TVRIX vs. VPMCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Guggenheim Directional Allocation Fund (TVRIX) and Vanguard PRIMECAP Fund Investor Shares (VPMCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TVRIX achieves a 9.24% return, which is significantly lower than VPMCX's 25.39% return. Over the past 10 years, TVRIX has underperformed VPMCX with an annualized return of 10.30%, while VPMCX has yielded a comparatively higher 18.18% annualized return.

TVRIX

• 1D: -1.79%
• 1M: 0.15%
• YTD: 9.24%
• 6M: 8.17%
• 1Y: 21.14%
• 3Y*: 14.06%
• 5Y*: 6.57%
• 10Y*: 10.30%

VPMCX

• 1D: -3.36%
• 1M: 4.54%
• YTD: 25.39%
• 6M: 23.93%
• 1Y: 53.83%
• 3Y*: 27.19%
• 5Y*: 15.71%
• 10Y*: 18.18%

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

TVRIX vs. VPMCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TVRIX Guggenheim Directional Allocation Fund	9.24%	13.83%	7.87%	11.00%	-17.53%	27.30%	5.08%	30.45%	-7.53%	23.45%
VPMCX Vanguard PRIMECAP Fund Investor Shares	25.39%	29.60%	13.23%	28.16%	-15.22%	21.64%	17.16%	27.78%	-1.99%	28.17%

Correlation

The correlation between TVRIX and VPMCX is 0.88, 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	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jun 18, 2012	0.86

The correlation between TVRIX and VPMCX has been stable across timeframes, ranging from 0.79 to 0.88 - a consistent structural relationship.

Return for Risk

TVRIX vs. VPMCX — Risk / Return Rank

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

TVRIX

TVRIX Risk / Return Rank: 58
TVRIX Sharpe Ratio Rank: 58
TVRIX Sortino Ratio Rank: 54
TVRIX Omega Ratio Rank: 56
TVRIX Calmar Ratio Rank: 56
TVRIX Martin Ratio Rank: 65

VPMCX

VPMCX Risk / Return Rank: 92
VPMCX Sharpe Ratio Rank: 96
VPMCX Sortino Ratio Rank: 91
VPMCX Omega Ratio Rank: 87
VPMCX Calmar Ratio Rank: 93
VPMCX Martin Ratio Rank: 96

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.

TVRIX vs. VPMCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Guggenheim Directional Allocation Fund (TVRIX) and Vanguard PRIMECAP Fund Investor Shares (VPMCX). 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.

	TVRIX	VPMCX	Difference
Sharpe ratio: Return per unit of total volatility	2.00	3.15	-1.16
Sortino ratio: Return per unit of downside risk	2.72	4.12	-1.40
Omega ratio: Gain probability vs. loss probability	1.36	1.56	-0.20
Calmar ratio: Return relative to maximum drawdown	2.64	4.80	-2.16
Martin ratio: Return relative to average drawdown	11.56	21.75	-10.19

TVRIX vs. VPMCX - Sharpe Ratio Comparison

The current TVRIX Sharpe Ratio is 2.00, which is lower than the VPMCX Sharpe Ratio of 3.15. The chart below compares the historical Sharpe Ratios of TVRIX and VPMCX, 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

TVRIX vs. VPMCX - Drawdown Comparison

The maximum TVRIX drawdown since its inception was -39.36%, smaller than the maximum VPMCX drawdown of -50.45%. Use the drawdown chart below to compare losses from any high point for TVRIX and VPMCX.

Drawdown Indicators

	TVRIX	VPMCX	Difference
Max Drawdown Largest peak-to-trough decline	-39.36%	-50.45%	+11.09%
Max Drawdown (1Y) Largest decline over 1 year	-8.45%	-11.73%	+3.28%
Max Drawdown (3Y) Largest decline over 3 years	-24.87%	-20.56%	-4.31%
Max Drawdown (5Y) Largest decline over 5 years	-24.87%	-25.25%	+0.38%
Max Drawdown (10Y) Largest decline over 10 years	-39.36%	-32.65%	-6.71%
Current Drawdown Current decline from peak	-2.57%	-3.36%	+0.79%
Average Drawdown Average peak-to-trough decline	-6.04%	-7.40%	+1.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.93%	2.59%	-0.66%

Volatility

TVRIX vs. VPMCX - Volatility Comparison

The current volatility for Guggenheim Directional Allocation Fund (TVRIX) is 5.47%, while Vanguard PRIMECAP Fund Investor Shares (VPMCX) has a volatility of 9.16%. This indicates that TVRIX experiences smaller price fluctuations and is considered to be less risky than VPMCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TVRIX	VPMCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.47%	9.16%	-3.69%
Volatility (6M) Calculated over the trailing 6-month period	9.25%	15.11%	-5.86%
Volatility (1Y) Calculated over the trailing 1-year period	11.21%	17.90%	-6.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.57%	18.61%	-4.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.84%	19.32%	-1.48%

TVRIX vs. VPMCX - Expense Ratio Comparison

TVRIX has a 1.09% expense ratio, which is higher than VPMCX's 0.35% expense ratio.

Dividends

TVRIX vs. VPMCX - Dividend Comparison

TVRIX's dividend yield for the trailing twelve months is around 8.82%, less than VPMCX's 13.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TVRIX Guggenheim Directional Allocation Fund	8.82%	9.64%	0.00%	2.03%	0.71%	14.34%	0.30%	16.62%	14.33%	0.00%	0.00%	0.00%
VPMCX Vanguard PRIMECAP Fund Investor Shares	13.04%	16.36%	6.62%	7.16%	9.85%	10.08%	9.74%	7.15%	8.32%	4.53%	5.05%	5.91%

Frequently Asked Questions

Can I hold both TVRIX and VPMCX in my portfolio?

TVRIX and VPMCX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TVRIX or VPMCX?

VPMCX has higher volatility (9.16%) compared to TVRIX (5.47%). In terms of maximum drawdown, TVRIX dropped -39.36% vs VPMCX's -50.45%.

Which has better risk-adjusted returns?

VPMCX currently has the higher Sharpe Ratio (3.15 vs 2.00), 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.