VVPLX vs. AFNIX

Last updated Jun 24, 2026

VVPLX (Vulcan Value Partners Fund) and AFNIX (AAM/Bahl & Gaynor Income Growth Fund Class I) are both Large Cap Blend Equities funds. A 0.78 correlation means they provide meaningful diversification when combined. VVPLX charges 1.06%/yr vs 0.83%/yr for AFNIX.

Performance

VVPLX vs. AFNIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vulcan Value Partners Fund (VVPLX) and AAM/Bahl & Gaynor Income Growth Fund Class I (AFNIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VVPLX

• 1D: -1.78%
• 1M: -2.95%
• YTD: -9.56%
• 6M: -9.92%
• 1Y: -4.43%
• 3Y*: 10.12%
• 5Y*: 0.39%
• 10Y*: 9.05%

AFNIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VVPLX vs. AFNIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VVPLX Vulcan Value Partners Fund	-9.56%	7.48%	17.50%	41.77%	-38.08%	21.61%	11.60%	44.43%	-7.83%	16.74%
AFNIX AAM/Bahl & Gaynor Income Growth Fund Class I	1.74%	11.36%	16.23%	6.59%	-8.77%	25.23%	6.60%	25.71%	-1.98%	19.51%

Correlation

The correlation between VVPLX and AFNIX is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.75
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013	0.78

Over the past year, the correlation between VVPLX and AFNIX has dropped to 0.49 - well below their long-term average of 0.78, suggesting their price drivers have been diverging.

Return for Risk

VVPLX vs. AFNIX — Risk / Return Rank

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

VVPLX

VVPLX Risk / Return Rank: 2
VVPLX Sharpe Ratio Rank: 2
VVPLX Sortino Ratio Rank: 2
VVPLX Omega Ratio Rank: 2
VVPLX Calmar Ratio Rank: 2
VVPLX Martin Ratio Rank: 2

AFNIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

VVPLX vs. AFNIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vulcan Value Partners Fund (VVPLX) and AAM/Bahl & Gaynor Income Growth Fund Class I (AFNIX). 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.

	VVPLX	AFNIX	Difference
Sharpe ratio: Return per unit of total volatility	-0.22	—	—
Sortino ratio: Return per unit of downside risk	-0.19	—	—
Omega ratio: Gain probability vs. loss probability	0.98	—	—
Calmar ratio: Return relative to maximum drawdown	-0.19	—	—
Martin ratio: Return relative to average drawdown	-0.46	—	—

Drawdowns

Drawdown Indicators

	VVPLX	AFNIX	Difference
Max Drawdown Largest peak-to-trough decline	-47.95%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-20.19%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.19%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-47.95%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-47.95%	—	—
Current Drawdown Current decline from peak	-13.09%	—	—
Average Drawdown Average peak-to-trough decline	-9.28%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	8.34%	—	—

Volatility

Volatility by Period

	VVPLX	AFNIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.64%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.43%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.10%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.80%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.25%	—	—

VVPLX vs. AFNIX - Expense Ratio Comparison

VVPLX has a 1.06% expense ratio, which is higher than AFNIX's 0.83% expense ratio.

Dividends

VVPLX vs. AFNIX - Dividend Comparison

VVPLX's dividend yield for the trailing twelve months is around 6.47%, less than AFNIX's 31.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AFNIX AAM/Bahl & Gaynor Income Growth Fund Class I	31.18%	14.13%	6.88%	3.43%	4.61%	1.78%	1.75%	2.13%	2.04%	1.72%	1.79%	2.66%
VVPLX Vulcan Value Partners Fund	6.47%	5.85%	0.19%	0.05%	5.95%	11.33%	3.54%	4.37%	8.90%	1.69%	1.31%	0.00%

Frequently Asked Questions

Can I hold both VVPLX and AFNIX in my portfolio?

VVPLX and AFNIX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.