Best Mid/Small Cap funds
Ranking of the top 20 Mid/Small Cap funds (Equity) by composite score (risk-adjusted return). Updated 04/06/2026.
This page ranks 20 Mid/Small Cap funds, a subcategory of Equity, ordered by a composite score that rewards risk-adjusted return and curve stability while penalizing drawdowns. Use it to compare options within the same investment style before exploring each fund's history in the interactive view.
ℹ️ Methodology: period and indicators
All indicators are computed over the last 1.0 years (365 trading days), with daily data. The risk-free rate used is 2.0%.
Score formula (risk-adjusted return):
0.25·R² + 0.15·Sortino* + 0.2·DD* + 0.2·CAGR_excess* + 0.1·Volatility_inv* + 0.1·Ulcer_inv*
* Components normalized to the analyzed set of funds (best in set = 1, worst = 0). The drawdown term is 1 − (MaxDD / 25.0%)3, clamped to [0,1]. Volatility and Ulcer are inverted (less = better).
A higher score means better relative behavior within the analyzed set, not an investment recommendation.
🏆 Ranking
| # | ISIN | Name | Score | R² | Total Ret. | Annual Ret. | Volatility | Sharpe | Sortino | Max Drawdown | Calmar |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ES0112611001 | Azvalor Internacional FI | 0.728 | 0.953 | 53.93% | 59.76% | 14.86% | 3.89 | 4.23 | 4.93% | 12.13 |
| 2 | LU2388163516 | DIP - Paradigma Value Catalyst Equity A EUR Acc | 0.728 | 0.932 | 66.04% | 66.72% | 13.31% | 4.86 | 4.94 | 5.71% | 11.69 |
| 3 | ES0112609005 | AZVALOR BLUE CHIPS FI | 0.728 | 0.949 | 59.70% | 66.28% | 16.22% | 3.96 | 4.38 | 5.68% | 11.66 |
| 4 | LU1651854041 | Azvalor Lux SICAV Azvalor Blue Chips R | 0.722 | 0.945 | 56.61% | 58.93% | 15.67% | 3.63 | 4.24 | 5.66% | 10.42 |
| 5 | LU1598720172 | Cobas Large Cap Fund-P Acc EUR | 0.719 | 0.952 | 48.48% | 48.95% | 11.20% | 4.19 | 4.06 | 6.18% | 7.92 |
| 6 | LU0997586861 | Fidelity Funds - Nordic Fund A-Acc-USD (hedged) | 0.718 | 0.980 | 34.44% | 33.22% | 11.11% | 2.81 | 2.85 | 3.67% | 9.04 |
| 7 | LU1333148903 | Azvalor Lux SICAV Azvalor International R | 0.717 | 0.944 | 50.53% | 51.02% | 14.35% | 3.42 | 3.70 | 4.98% | 10.24 |
| 8 | LU1598719752 | Cobas International Fund-P Acc EUR | 0.713 | 0.951 | 42.29% | 42.69% | 10.97% | 3.71 | 3.52 | 6.25% | 6.83 |
| 9 | LU1372006947 | Cobas Selection Fund Class P Acc EUR | 0.713 | 0.958 | 41.05% | 41.44% | 10.76% | 3.67 | 3.35 | 6.49% | 6.38 |
| 10 | ES0168799023 | GB IV EQUITY SMALL CAPS | 0.710 | 0.969 | 42.98% | 42.38% | 13.04% | 3.10 | 3.16 | 8.20% | 5.17 |
| 11 | ES0112602000 | Azvalor Managers FI | 0.705 | 0.936 | 37.16% | 42.91% | 12.11% | 3.38 | 3.13 | 6.63% | 6.47 |
| 12 | IE00BH6XSF26 | Heptagon Fund ICAV - Kopernik Global All-Cap Equity Fund AE EUR Acc | 0.701 | 0.951 | 44.88% | 45.53% | 12.23% | 3.56 | 3.24 | 9.07% | 5.02 |
| 13 | ES0161842002 | UVE EQUITY FUND, F.I | 0.700 | 0.927 | 41.02% | 40.26% | 14.16% | 2.70 | 2.87 | 4.95% | 8.13 |
| 14 | LU1998107665 | AZVALOR MANAGERS I ACC EUR | 0.700 | 0.932 | 35.18% | 36.52% | 11.49% | 3.01 | 3.07 | 6.59% | 5.54 |
| 15 | ES0125323008 | Gestión Value A FI | 0.694 | 0.946 | 26.27% | 25.93% | 9.39% | 2.55 | 2.49 | 7.74% | 3.35 |
| 16 | LU0275317336 | SWC (LU) EF Sustainable Climate AT | 0.692 | 0.903 | 51.94% | 54.03% | 17.65% | 2.95 | 3.14 | 7.79% | 6.94 |
| 17 | LU2417103780 | SWC (LU) EF Sustainable Climate AA | 0.692 | 0.903 | 51.93% | 54.03% | 17.66% | 2.95 | 3.14 | 7.79% | 6.94 |
| 18 | ES0146311008 | Horos Value Iberia FI | 0.692 | 0.916 | 27.55% | 26.83% | 9.38% | 2.65 | 2.74 | 6.27% | 4.28 |
| 19 | IE00B42LF923 | Vanguard Global Small Cap INS US | 0.689 | 0.931 | 30.19% | 29.27% | 11.96% | 2.28 | 2.35 | 7.72% | 3.79 |
| 20 | IE00B42W3S00 | Vanguard Global Small-Cap Index Fund Investor EUR Accumulation | 0.689 | 0.931 | 30.20% | 29.27% | 11.96% | 2.28 | 2.35 | 7.72% | 3.79 |
📊 Compared evolution (base 100)
❓ Frequently asked questions
How is the fund ranking calculated?
Each fund gets a composite score from 0 to 1 that combines risk-adjusted return (excess CAGR and Sortino), curve stability (R² and inverted volatility) and drawdown control (a non-linear penalty plus the Ulcer Index). Funds are then ordered by that score.
What does the score mean for Mid/Small Cap funds?
A higher score means better relative behavior within the analyzed set: more stable growth and smaller drawdowns for the return achieved. It is a comparison tool, not an investment recommendation.
How often is the data updated?
The ranking is recomputed from daily NAV data each time the site is regenerated. This page was last updated on 04/06/2026.
Is this investment advice?
No. All content is educational and based on historical data. Past performance does not guarantee future results. Consult a licensed advisor before investing.