VTAIX vs. VKSIX

Last updated Jul 17, 2026

VTAIX (Virtus Tactical Allocation Fund Class I) and VKSIX (Virtus KAR Small-Mid Cap Core Fund) are both mutual funds - VTAIX is a Tactical Allocation fund actively managed by Virtus, while VKSIX is a Mid Cap Growth Equities fund managed by Virtus. Over the past 5 years, VTAIX returned 2.39%/yr vs 0.05%/yr for VKSIX. Their correlation of 0.83 suggests significant overlap in exposure. VTAIX charges 0.76%/yr vs 1.02%/yr for VKSIX.

Performance

VTAIX vs. VKSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Tactical Allocation Fund Class I (VTAIX) and Virtus KAR Small-Mid Cap Core Fund (VKSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VTAIX achieves a 1.95% return, which is significantly higher than VKSIX's -4.24% return.

VTAIX

• 1D: 0.10%
• 1M: -0.12%
• 6M: 0.60%
• YTD: 1.95%
• 1Y: 2.30%
• 3Y*: 9.56%
• 5Y*: 2.39%
• 10Y*: —

VKSIX

• 1D: 0.22%
• 1M: 1.37%
• 6M: -9.34%
• YTD: -4.24%
• 1Y: -8.81%
• 3Y*: 1.70%
• 5Y*: 0.05%
• 10Y*: —

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

VTAIX vs. VKSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VTAIX Virtus Tactical Allocation Fund Class I	1.95%	7.10%	14.31%	22.60%	-28.27%	6.87%	31.40%	21.54%
VKSIX Virtus KAR Small-Mid Cap Core Fund	-4.24%	-4.36%	9.07%	23.61%	-23.83%	19.54%	33.45%	30.06%

Correlation

The correlation between VTAIX and VKSIX is 0.72, 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	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jan 29, 2019	0.83

The correlation between VTAIX and VKSIX shifts across timeframes, from 0.72 (1 year) to 0.83 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

VTAIX vs. VKSIX — Risk / Return Rank

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

VTAIX

VTAIX Risk / Return Rank: 5
VTAIX Sharpe Ratio Rank: 5
VTAIX Sortino Ratio Rank: 5
VTAIX Omega Ratio Rank: 5
VTAIX Calmar Ratio Rank: 5
VTAIX Martin Ratio Rank: 5

VKSIX

VKSIX Risk / Return Rank: 1
VKSIX Sharpe Ratio Rank: 1
VKSIX Sortino Ratio Rank: 1
VKSIX Omega Ratio Rank: 1
VKSIX Calmar Ratio Rank: 1
VKSIX Martin Ratio Rank: 1

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.

VTAIX vs. VKSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Tactical Allocation Fund Class I (VTAIX) and Virtus KAR Small-Mid Cap Core Fund (VKSIX). 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.

	VTAIX	VKSIX	Difference
Sharpe ratio: Return per unit of total volatility	0.26	-0.53	+0.79
Sortino ratio: Return per unit of downside risk	0.44	-0.69	+1.12
Omega ratio: Gain probability vs. loss probability	1.05	0.93	+0.13
Calmar ratio: Return relative to maximum drawdown	0.25	-0.51	+0.75
Martin ratio: Return relative to average drawdown	0.81	-0.94	+1.75

VTAIX vs. VKSIX - Sharpe Ratio Comparison

The current VTAIX Sharpe Ratio is 0.26, which is higher than the VKSIX Sharpe Ratio of -0.53. The chart below compares the historical Sharpe Ratios of VTAIX and VKSIX, 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

VTAIX vs. VKSIX - Drawdown Comparison

The maximum VTAIX drawdown since its inception was -36.37%, roughly equal to the maximum VKSIX drawdown of -35.59%. Use the drawdown chart below to compare losses from any high point for VTAIX and VKSIX.

Drawdown Indicators

	VTAIX	VKSIX	Difference
Max Drawdown Largest peak-to-trough decline	-36.37%	-35.59%	-0.78%
Max Drawdown (1Y) Largest decline over 1 year	-10.12%	-16.70%	+6.58%
Max Drawdown (3Y) Largest decline over 3 years	-11.71%	-20.29%	+8.58%
Max Drawdown (5Y) Largest decline over 5 years	-36.37%	-32.49%	-3.88%
Current Drawdown Current decline from peak	-0.42%	-15.56%	+15.14%
Average Drawdown Average peak-to-trough decline	-9.41%	-8.98%	-0.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.07%	9.00%	-5.93%

Volatility

VTAIX vs. VKSIX - Volatility Comparison

The current volatility for Virtus Tactical Allocation Fund Class I (VTAIX) is 3.29%, while Virtus KAR Small-Mid Cap Core Fund (VKSIX) has a volatility of 4.60%. This indicates that VTAIX experiences smaller price fluctuations and is considered to be less risky than VKSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTAIX	VKSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.29%	4.60%	-1.31%
Volatility (6M) Calculated over the trailing 6-month period	8.09%	12.02%	-3.93%
Volatility (1Y) Calculated over the trailing 1-year period	9.58%	15.94%	-6.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.77%	19.25%	-5.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.35%	20.90%	-6.55%

VTAIX vs. VKSIX - Expense Ratio Comparison

VTAIX has a 0.76% expense ratio, which is lower than VKSIX's 1.02% expense ratio.

Dividends

VTAIX vs. VKSIX - Dividend Comparison

VTAIX's dividend yield for the trailing twelve months is around 16.03%, more than VKSIX's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
VKSIX Virtus KAR Small-Mid Cap Core Fund	0.36%	0.34%	0.43%	0.00%	0.00%	1.13%	0.01%	0.00%	1.47%
VTAIX Virtus Tactical Allocation Fund Class I	16.03%	16.18%	13.67%	2.16%	7.58%	7.79%	2.26%	2.49%	0.00%

Frequently Asked Questions

Can I hold both VTAIX and VKSIX in my portfolio?

VTAIX and VKSIX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VTAIX or VKSIX?

VKSIX has higher volatility (4.60%) compared to VTAIX (3.29%). In terms of maximum drawdown, VTAIX dropped -36.37% vs VKSIX's -35.59%.

Which has better risk-adjusted returns?

VTAIX currently has the higher Sharpe Ratio (0.26 vs -0.53), 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.