Best RV – Equity Mid/Small Cap funds
Ranking of the top 20 RV – Equity Mid/Small Cap funds by composite score (risk-adjusted return). Updated 31/05/2026.
ℹ️ Methodology: period and indicators
All indicators are computed over the last 3 years of prices, with daily data. The risk-free rate used is 2.0%.
Score formula (risk-adjusted return):
0.15·R² + 0.15·Sortino* + 0.2·DD* + 0.2·CAGR_excess* + 0.1·Volatility_inv* + 0.2·Ulcer_inv*
* Components normalized to the analyzed set of funds (best in set = 1, worst = 0). The drawdown term is 1 − (MaxDD / 50.0%)2, 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 | LU1330191898 | Magallanes V.I. UCITS Iberian Equity R | 0.731 | 0.948 | 99.87% | 26.52% | 10.74% | 2.28 | 2.19 | 10.28% | 2.58 |
| 2 | ES0159201013 | Magallanes Iberian Equity M FI | 0.729 | 0.950 | 100.71% | 25.68% | 10.59% | 2.24 | 2.14 | 10.37% | 2.48 |
| 3 | ES0167211038 | Okavango Delta A FI | 0.721 | 0.966 | 135.86% | 32.28% | 15.10% | 2.00 | 1.92 | 14.74% | 2.19 |
| 4 | ES0167211004 | ABANTE OKAVANGO DELTA I FI | 0.721 | 0.966 | 136.01% | 32.30% | 15.14% | 2.00 | 1.92 | 14.88% | 2.17 |
| 5 | ES0175224031 | SANTANDER SMALL CAPS ESPAÑA FI | 0.720 | 0.941 | 134.78% | 33.06% | 15.08% | 2.06 | 1.95 | 14.34% | 2.31 |
| 6 | LU0300834669 | Alken Fund - Small Cap Europe Class R | 0.717 | 0.920 | 136.79% | 33.59% | 15.80% | 2.00 | 1.95 | 12.96% | 2.59 |
| 7 | LU0524465548 | Alken Fund - Small Cap Europe Class A | 0.715 | 0.919 | 135.83% | 33.41% | 15.85% | 1.98 | 1.94 | 12.96% | 2.58 |
| 8 | IE00BH6XSF26 | Heptagon Fund ICAV - Kopernik Global All-Cap Equity Fund AE EUR Acc | 0.712 | 0.920 | 96.23% | 25.57% | 11.93% | 1.98 | 1.84 | 11.74% | 2.18 |
| 9 | LU1372006947 | Cobas Selection Fund Class P Acc EUR | 0.707 | 0.936 | 105.31% | 27.42% | 12.67% | 2.01 | 1.79 | 15.71% | 1.75 |
| 10 | LU1598719752 | Cobas International Fund-P Acc EUR | 0.702 | 0.927 | 102.72% | 26.88% | 13.04% | 1.91 | 1.72 | 15.83% | 1.70 |
| 11 | ES0146311008 | Horos Value Iberia FI | 0.701 | 0.890 | 75.29% | 20.14% | 9.63% | 1.88 | 1.85 | 9.34% | 2.16 |
| 12 | LU1598720172 | Cobas Large Cap Fund-P Acc EUR | 0.698 | 0.915 | 105.86% | 27.54% | 13.00% | 1.97 | 1.78 | 16.97% | 1.62 |
| 13 | ES0112616000 | Azvalor Iberia FI | 0.697 | 0.926 | 70.44% | 20.33% | 11.26% | 1.63 | 1.53 | 11.27% | 1.80 |
| 14 | ES0138800034 | BANKIA SMALL MID CAPS ESPAÑA | 0.697 | 0.949 | 70.76% | 18.87% | 11.61% | 1.45 | 1.48 | 10.12% | 1.86 |
| 15 | ES0165144009 | MUTUAFONDO ESPAÑA A FI | 0.691 | 0.936 | 90.37% | 15.99% | 10.05% | 1.39 | 1.59 | 11.18% | 1.43 |
| 16 | ES0122708037 | CI IBERIAN EQUITY FI | 0.685 | 0.940 | 71.82% | 19.06% | 13.02% | 1.31 | 1.25 | 11.80% | 1.61 |
| 17 | ES0175902008 | Sigma Internacional FI | 0.680 | 0.947 | 76.54% | 19.99% | 12.60% | 1.43 | 1.36 | 15.20% | 1.32 |
| 18 | ES0146309002 | Horos Value Internacional FI | 0.679 | 0.936 | 65.84% | 17.98% | 11.32% | 1.41 | 1.26 | 14.43% | 1.25 |
| 19 | ES0125323008 | Gestión Value A FI | 0.679 | 0.909 | 61.41% | 17.15% | 10.54% | 1.44 | 1.28 | 14.22% | 1.21 |
| 20 | ES0173394034 | RENTA 4 BOLSA FIM | 0.678 | 0.937 | 53.82% | 15.18% | 11.99% | 1.10 | 1.06 | 10.67% | 1.42 |