Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | -3.25% | -6.72% | -9.81% | -9.71% | +1.68% | +1.30% | +9.31% | -2.63% | +2.87% | -1.30% |
| Market-price total return | -3.25% | -6.72% | -8.13% | -6.41% | +7.28% | +10.40% | +18.75% | +6.20% | +11.65% | +6.78% |
| NAV return | -0.21% | -1.47% | -5.97% | -0.41% | +9.55% | +8.63% | +10.40% | -1.31% | +3.02% | +1.13% |
| NAV total return | -0.21% | -1.47% | -4.41% | +2.78% | +14.95% | +17.35% | +18.89% | +6.81% | +10.90% | +9.16% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.18% | 0.18% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.20% | 0.25% | as above |
| Volatility, 5 years | 0.22% | 0.24% | as above |
| Maximum drawdown, 3 years | -23.46% | -24.67% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.72 | 0.62 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 1.07 | 0.86 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 1.01 | — | SPY (U.S. equity ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.77 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for Royce Small-Cap Trust, Inc.. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.