VTMSX vs. RIVSX
Compare and contrast key facts about Vanguard Tax-Managed Small-Cap Fund Admiral Shares (VTMSX) and River Oak Discovery Fund (RIVSX).
VTMSX is managed by BlackRock. It was launched on Mar 25, 1999. RIVSX is managed by Oak Associates. It was launched on Jun 30, 2005.
Performance
VTMSX vs. RIVSX - Performance Comparison
Loading graphics...
VTMSX vs. RIVSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTMSX Vanguard Tax-Managed Small-Cap Fund Admiral Shares | 0.87% | 5.93% | 8.61% | 15.95% | -16.16% | 27.08% | 11.05% | 23.28% | -8.62% | 13.05% |
RIVSX River Oak Discovery Fund | 4.25% | 9.11% | 4.42% | 8.18% | -14.53% | 24.78% | 29.00% | 30.36% | -13.72% | 11.33% |
Returns By Period
In the year-to-date period, VTMSX achieves a 0.87% return, which is significantly lower than RIVSX's 4.25% return. Both investments have delivered pretty close results over the past 10 years, with VTMSX having a 9.53% annualized return and RIVSX not far ahead at 9.61%.
VTMSX
- 1D
- -0.71%
- 1M
- -6.65%
- YTD
- 0.87%
- 6M
- 2.54%
- 1Y
- 17.33%
- 3Y*
- 9.50%
- 5Y*
- 3.93%
- 10Y*
- 9.53%
RIVSX
- 1D
- -0.97%
- 1M
- -7.33%
- YTD
- 4.25%
- 6M
- 8.20%
- 1Y
- 24.27%
- 3Y*
- 7.47%
- 5Y*
- 4.09%
- 10Y*
- 9.61%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VTMSX vs. RIVSX - Expense Ratio Comparison
VTMSX has a 0.09% expense ratio, which is lower than RIVSX's 1.18% expense ratio.
Return for Risk
VTMSX vs. RIVSX — Risk / Return Rank
VTMSX
RIVSX
VTMSX vs. RIVSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Tax-Managed Small-Cap Fund Admiral Shares (VTMSX) and River Oak Discovery Fund (RIVSX). 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.
| VTMSX | RIVSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.80 | 1.09 | -0.29 |
Sortino ratioReturn per unit of downside risk | 1.26 | 1.67 | -0.41 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.22 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.04 | 1.73 | -0.69 |
Martin ratioReturn relative to average drawdown | 4.23 | 6.62 | -2.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VTMSX | RIVSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | 1.09 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.20 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.44 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.33 | +0.11 |
Correlation
The correlation between VTMSX and RIVSX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
VTMSX vs. RIVSX - Dividend Comparison
VTMSX's dividend yield for the trailing twelve months is around 1.33%, more than RIVSX's 0.28% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTMSX Vanguard Tax-Managed Small-Cap Fund Admiral Shares | 1.33% | 1.28% | 1.44% | 1.50% | 1.51% | 1.16% | 1.09% | 1.15% | 1.26% | 1.11% | 1.01% | 1.26% |
RIVSX River Oak Discovery Fund | 0.28% | 0.29% | 0.00% | 0.00% | 0.15% | 16.84% | 14.54% | 3.81% | 17.54% | 5.48% | 0.00% | 0.11% |
Drawdowns
VTMSX vs. RIVSX - Drawdown Comparison
The maximum VTMSX drawdown since its inception was -57.84%, roughly equal to the maximum RIVSX drawdown of -60.61%. Use the drawdown chart below to compare losses from any high point for VTMSX and RIVSX.
Loading graphics...
Drawdown Indicators
| VTMSX | RIVSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.84% | -60.61% | +2.77% |
Max Drawdown (1Y)Largest decline over 1 year | -14.85% | -12.41% | -2.44% |
Max Drawdown (5Y)Largest decline over 5 years | -27.93% | -25.75% | -2.18% |
Max Drawdown (10Y)Largest decline over 10 years | -43.88% | -41.45% | -2.43% |
Current DrawdownCurrent decline from peak | -8.24% | -9.11% | +0.87% |
Average DrawdownAverage peak-to-trough decline | -8.98% | -10.57% | +1.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.64% | 3.24% | +0.40% |
Volatility
VTMSX vs. RIVSX - Volatility Comparison
Vanguard Tax-Managed Small-Cap Fund Admiral Shares (VTMSX) and River Oak Discovery Fund (RIVSX) have volatilities of 5.51% and 5.47%, 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.
Loading graphics...
Volatility by Period
| VTMSX | RIVSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.51% | 5.47% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 12.75% | 13.56% | -0.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.59% | 22.40% | +0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.54% | 20.34% | +1.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.10% | 21.87% | +1.23% |