VSCVX vs. PMJIX

Last updated Aug 1, 2026

VSCVX (Victory Integrity Small-Cap Value Fund) and PMJIX (PIMCO RAE US Small Fund) are both Small Cap Value Equities funds. Over the past 10 years, VSCVX returned 9.93%/yr vs 13.38%/yr for PMJIX. Their correlation of 0.94 means they have usually moved in the same direction. VSCVX charges 1.45%/yr vs 0.50%/yr for PMJIX.

Performance

VSCVX vs. PMJIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victory Integrity Small-Cap Value Fund (VSCVX) 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, VSCVX achieves a 24.81% return, which is significantly higher than PMJIX's 20.55% return. Over the past 10 years, VSCVX has underperformed PMJIX with an annualized return of 9.93%, while PMJIX has yielded a comparatively higher 13.38% annualized return.

VSCVX

• 1D: -0.34%
• 1M: 1.06%
• 6M: 17.05%
• YTD: 24.81%
• 1Y: 40.72%
• 3Y*: 12.34%
• 5Y*: 9.61%
• 10Y*: 9.93%
• ALL TIME*: 9.66%

PMJIX

• 1D: 0.14%
• 1M: 0.50%
• 6M: 16.74%
• YTD: 20.55%
• 1Y: 36.15%
• 3Y*: 18.03%
• 5Y*: 13.12%
• 10Y*: 13.38%
• ALL TIME*: 11.87%

*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)
PMJIX PIMCO RAE US Small Fund	$0.00	$0.00	$0.00
VSCVX Victory Integrity Small-Cap Value Fund	$0.00	$0.00	$0.00

VSCVX vs. PMJIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VSCVX Victory Integrity Small-Cap Value Fund	24.81%	4.85%	4.32%	17.57%	-8.14%	32.74%	0.85%	22.62%	-19.13%	11.97%
PMJIX PIMCO RAE US Small Fund	20.55%	5.11%	22.05%	19.77%	-4.62%	39.15%	6.95%	20.22%	-11.69%	9.22%

Correlation

The correlation between VSCVX and PMJIX is 0.92, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.92
Correlation (3Y) Balances recent behavior with more history.	0.92
Correlation (5Y) Shows whether the relationship held over a longer period.	0.92
Correlation (10Y) Provides a long-term view across more market conditions.	0.94
Correlation (All Time) Calculated using the full available price history since Jun 5, 2015	0.94

The correlation between VSCVX and PMJIX has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

Return for Risk

VSCVX vs. PMJIX — Risk / Return Rank

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

VSCVX

VSCVX Risk / Return Rank: 88
VSCVX Sharpe Ratio Rank: 88
VSCVX Sortino Ratio Rank: 88
VSCVX Omega Ratio Rank: 82
VSCVX Calmar Ratio Rank: 92
VSCVX Martin Ratio Rank: 91

PMJIX

PMJIX Risk / Return Rank: 86
PMJIX Sharpe Ratio Rank: 83
PMJIX Sortino Ratio Rank: 81
PMJIX Omega Ratio Rank: 77
PMJIX Calmar Ratio Rank: 95
PMJIX Martin Ratio Rank: 92

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.

VSCVX vs. PMJIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victory Integrity Small-Cap Value Fund (VSCVX) 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.

	VSCVX	PMJIX	Difference
Sharpe ratio: Return per unit of total volatility	2.20	1.96	+0.24
Sortino ratio: Return per unit of downside risk	3.25	2.82	+0.43
Omega ratio: Gain probability vs. loss probability	1.39	1.34	+0.05
Calmar ratio: Return relative to maximum drawdown	3.70	4.31	-0.61
Martin ratio: Return relative to average drawdown	12.91	13.25	-0.34

VSCVX vs. PMJIX - Sharpe Ratio Comparison

The current VSCVX Sharpe Ratio is 2.20, which is comparable to the PMJIX Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of VSCVX 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

VSCVX vs. PMJIX - Drawdown Comparison

The maximum VSCVX drawdown since its inception was -59.44%, which is greater than PMJIX's maximum drawdown of -49.75%. Use the drawdown chart below to compare losses from any high point for VSCVX and PMJIX.

Drawdown Indicators

	VSCVX	PMJIX	Difference
Max Drawdown Largest peak-to-trough decline	-59.44%	-49.75%	-9.69%
Max Drawdown (1Y) Largest decline over 1 year	-10.01%	-7.62%	-2.39%
Max Drawdown (3Y) Largest decline over 3 years	-28.51%	-26.04%	-2.47%
Max Drawdown (5Y) Largest decline over 5 years	-29.37%	-49.75%	+20.38%
Max Drawdown (10Y) Largest decline over 10 years	-52.59%	-49.75%	-2.84%
Current Drawdown Current decline from peak	-1.22%	-1.27%	+0.05%
Average Drawdown Average peak-to-trough decline	-10.24%	-16.00%	+5.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.87%	2.50%	+0.37%

Volatility

VSCVX vs. PMJIX - Volatility Comparison

Victory Integrity Small-Cap Value Fund (VSCVX) and PIMCO RAE US Small Fund (PMJIX) have volatilities of 3.35% and 3.21%, 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

	VSCVX	PMJIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.35%	3.21%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	11.32%	11.24%	+0.08%
Volatility (1Y) Calculated over the trailing 1-year period	16.89%	16.83%	+0.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.96%	39.27%	-15.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.01%	33.03%	-7.02%

VSCVX vs. PMJIX - Expense Ratio Comparison

VSCVX has a 1.45% expense ratio, which is higher than PMJIX's 0.50% expense ratio.

Dividends

VSCVX vs. PMJIX - Dividend Comparison

VSCVX's dividend yield for the trailing twelve months is around 0.56%, less than PMJIX's 2.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PMJIX PIMCO RAE US Small Fund	2.62%	3.15%	3.26%	1.25%	9.91%	65.79%	9.46%	1.55%	7.65%	4.69%	1.24%	1.67%
VSCVX Victory Integrity Small-Cap Value Fund	0.56%	0.70%	18.80%	10.46%	14.07%	18.06%	0.09%	0.42%	14.93%	5.93%	0.00%	1.53%

Frequently Asked Questions

Can I hold both VSCVX and PMJIX in my portfolio?

With a correlation of 0.92, VSCVX 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, VSCVX or PMJIX?

VSCVX has higher volatility (3.35%) compared to PMJIX (3.21%). In terms of maximum drawdown, VSCVX dropped -59.44% vs PMJIX's -49.75%.

Which has better risk-adjusted returns?

VSCVX currently has the higher Sharpe Ratio (2.20 vs 1.96), 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.