WISIX vs. ADVLX

Last updated Jun 5, 2026

WISIX (William Blair International Small Cap Growth Fund) and ADVLX (Vaughan Nelson International Small Cap Fund) are both Foreign Small & Mid Cap Equities funds. Over the past 10 years, WISIX returned 6.03%/yr vs 9.33%/yr for ADVLX. A 0.78 correlation means they provide meaningful diversification when combined. WISIX charges 1.23%/yr vs 0.99%/yr for ADVLX.

Performance

WISIX vs. ADVLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in William Blair International Small Cap Growth Fund (WISIX) and Vaughan Nelson International Small Cap Fund (ADVLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WISIX achieves a 12.52% return, which is significantly lower than ADVLX's 13.47% return. Over the past 10 years, WISIX has underperformed ADVLX with an annualized return of 6.03%, while ADVLX has yielded a comparatively higher 9.33% annualized return.

WISIX

• 1D: -0.06%
• 1M: 1.28%
• YTD: 12.52%
• 6M: 15.10%
• 1Y: 12.18%
• 3Y*: 10.90%
• 5Y*: 0.48%
• 10Y*: 6.03%

ADVLX

• 1D: -1.58%
• 1M: 1.68%
• YTD: 13.47%
• 6M: 16.17%
• 1Y: 40.50%
• 3Y*: 21.23%
• 5Y*: 6.03%
• 10Y*: 9.33%

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

WISIX vs. ADVLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WISIX William Blair International Small Cap Growth Fund	12.52%	15.31%	0.80%	14.72%	-34.99%	11.01%	29.09%	34.22%	-24.27%	32.71%
ADVLX Vaughan Nelson International Small Cap Fund	13.47%	49.91%	4.50%	2.73%	-26.24%	12.89%	15.65%	23.42%	-15.41%	29.58%

Correlation

The correlation between WISIX and ADVLX is 0.59, 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	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014	0.78

The correlation between WISIX and ADVLX shifts across timeframes, from 0.59 (1 year) to 0.78 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WISIX vs. ADVLX — Risk / Return Rank

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

WISIX

WISIX Risk / Return Rank: 14
WISIX Sharpe Ratio Rank: 13
WISIX Sortino Ratio Rank: 13
WISIX Omega Ratio Rank: 14
WISIX Calmar Ratio Rank: 16
WISIX Martin Ratio Rank: 13

ADVLX

ADVLX Risk / Return Rank: 61
ADVLX Sharpe Ratio Rank: 58
ADVLX Sortino Ratio Rank: 55
ADVLX Omega Ratio Rank: 51
ADVLX Calmar Ratio Rank: 74
ADVLX Martin Ratio Rank: 64

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.

WISIX vs. ADVLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for William Blair International Small Cap Growth Fund (WISIX) and Vaughan Nelson International Small Cap Fund (ADVLX). 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.

	WISIX	ADVLX	Difference
Sharpe ratio: Return per unit of total volatility	0.98	2.19	-1.21
Sortino ratio: Return per unit of downside risk	1.45	3.06	-1.61
Omega ratio: Gain probability vs. loss probability	1.19	1.38	-0.19
Calmar ratio: Return relative to maximum drawdown	1.33	3.28	-1.95
Martin ratio: Return relative to average drawdown	3.69	12.23	-8.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WISIX vs. ADVLX - Sharpe Ratio Comparison

The current WISIX Sharpe Ratio is 0.98, which is lower than the ADVLX Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of WISIX and ADVLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WISIX	ADVLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	2.19	-1.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	0.32	-0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	0.53	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.45	-0.10

Drawdowns

WISIX vs. ADVLX - Drawdown Comparison

The maximum WISIX drawdown since its inception was -64.84%, which is greater than ADVLX's maximum drawdown of -38.90%. Use the drawdown chart below to compare losses from any high point for WISIX and ADVLX.

Drawdown Indicators

	WISIX	ADVLX	Difference
Max Drawdown Largest peak-to-trough decline	-64.84%	-38.90%	-25.94%
Max Drawdown (1Y) Largest decline over 1 year	-10.09%	-12.60%	+2.51%
Max Drawdown (3Y) Largest decline over 3 years	-17.90%	-17.10%	-0.80%
Max Drawdown (5Y) Largest decline over 5 years	-47.76%	-38.90%	-8.86%
Max Drawdown (10Y) Largest decline over 10 years	-47.76%	-38.90%	-8.86%
Current Drawdown Current decline from peak	-9.81%	-2.31%	-7.50%
Average Drawdown Average peak-to-trough decline	-16.56%	-12.08%	-4.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.62%	3.36%	+0.26%

Volatility

WISIX vs. ADVLX - Volatility Comparison

William Blair International Small Cap Growth Fund (WISIX) and Vaughan Nelson International Small Cap Fund (ADVLX) have volatilities of 4.53% and 4.48%, 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

	WISIX	ADVLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.53%	4.48%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	11.37%	14.84%	-3.47%
Volatility (1Y) Calculated over the trailing 1-year period	13.71%	18.87%	-5.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.29%	18.73%	-1.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.35%	17.55%	-0.20%

WISIX vs. ADVLX - Expense Ratio Comparison

WISIX has a 1.23% expense ratio, which is higher than ADVLX's 0.99% expense ratio.

Dividends

WISIX vs. ADVLX - Dividend Comparison

WISIX's dividend yield for the trailing twelve months is around 0.54%, less than ADVLX's 0.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADVLX Vaughan Nelson International Small Cap Fund	0.76%	0.87%	1.59%	1.59%	1.38%	0.96%	0.83%	1.71%	2.15%	5.97%	1.30%	2.67%
WISIX William Blair International Small Cap Growth Fund	0.54%	0.61%	1.78%	0.88%	0.21%	16.20%	2.09%	0.31%	13.84%	9.94%	0.36%	2.31%

Frequently Asked Questions

Can I hold both WISIX and ADVLX in my portfolio?

WISIX and ADVLX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WISIX or ADVLX?

WISIX has higher volatility (4.53%) compared to ADVLX (4.48%). In terms of maximum drawdown, WISIX dropped -64.84% vs ADVLX's -38.90%.

Which has better risk-adjusted returns?

ADVLX currently has the higher Sharpe Ratio (2.19 vs 0.98), 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.