DEVDX Performance — Driehaus Event Driven Fund
Data updated: 2026-03-10
DEVDX returned +5.98% over one year to Dec 2025. Annualised returns are +6.17% over 3 years and +2.94% over 5 years. The fund trailed its Moderate Allocation category average: $100 invested three years ago grew to $120, against $139 for the category, and to $106 over one year, against $113. Volatility over the past three years was 5.30% a year. In the 12 months to Dec 2025 the fund lost a net $124.6M, and assets reached $89.05M.
DEVDX Growth of $100
What $100 invested in Driehaus Event Driven Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Moderate Allocation category average over the same months.
| Period | DEVDX | Category average |
|---|---|---|
| 1 year (Jan 2025 – Dec 2025) | $106 | $113 |
| 3 years (Jan 2023 – Dec 2025) | $120 | $139 |
| 5 years (Jan 2021 – Dec 2025) | $116 | $134 |
| Since data start (Jul 2019 – Dec 2025) | $147 | $157 |
DEVDX Trailing Returns
Total returns to Dec 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +5.98% |
| 3 years (annualised) | +6.17% |
| 5 years (annualised) | +2.94% |
DEVDX Annual Returns
Calendar-year total returns of Driehaus Event Driven Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 | +5.98% |
| 2024 | +3.05% |
| 2023 | +9.57% |
| 2022 | −9.99% |
| 2021 | +7.29% |
| 2020 | +24.75% |
| 2019 (Jul–Dec) | +1.89% |
DEVDX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | −0.7% | −1.2% | −2.0% | −0.6% | +0.3% | +2.7% | +1.2% | +0.8% | +1.7% | +0.5% | +2.9% | +0.2% |
| 2024 | −0.5% | +0.7% | +1.9% | −2.4% | −0.3% | 0.0% | +3.9% | −0.5% | +1.2% | −0.1% | +1.3% | −2.0% |
| 2023 | +3.0% | +0.8% | −1.6% | −0.1% | −0.1% | +0.8% | +0.7% | −0.6% | +2.2% | −0.6% | +1.5% | +3.0% |
| 2022 | −5.0% | +1.7% | +1.6% | −3.4% | −3.0% | −2.9% | +1.2% | −1.7% | −1.1% | +3.6% | +1.0% | −2.0% |
| 2021 | +2.7% | +0.2% | +0.2% | +1.5% | +0.3% | +1.0% | −1.4% | +1.0% | +0.3% | +0.8% | −1.4% | +2.0% |
| 2020 | +3.1% | +1.7% | −13.5% | +4.8% | +3.7% | +5.6% | +1.0% | +3.9% | +1.7% | +1.2% | +6.9% | +3.7% |
| 2019 | — | — | — | — | — | — | −0.1% | −1.3% | −1.6% | +0.4% | 0.0% | +4.6% |
DEVDX Risk
Risk measures from monthly returns over Jan 2023 – Dec 2025.
- 3-year volatility (annualised): 5.30%
- 3-year Sharpe ratio: 0.32 (vs 4.5% risk-free rate)
- Best month: +3.91% (Jul 2024)
- Worst month: −2.38% (Apr 2024)
DEVDX Fund Flows
Monthly money in and out of Driehaus Event Driven Fund, from SEC Form N-PORT.
- 12-month net flow: −$124.6M
- 12-month gross sales (incl. reinvestments): $44.8M
- Sales ÷ redemptions: 0.26×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2025 | $14.6M | $8.6M | $6.0M |
| Nov 2025 | $3.3M | $1.8M | $1.4M |
| Oct 2025 | $2.7M | $2.8M | −$95K |
| Sep 2025 | $2.1M | $12.7M | −$10.6M |
| Aug 2025 | $1.0M | $9.8M | −$8.8M |
| Jul 2025 | $1.7M | $11.4M | −$9.7M |
| Jun 2025 | $4.4M | $21.2M | −$16.7M |
| May 2025 | $2.3M | $51.7M | −$49.4M |
| Apr 2025 | $3.1M | $15.3M | −$12.2M |
| Mar 2025 | $4.2M | $5.8M | −$1.7M |
| Feb 2025 | $2.8M | $19.4M | −$16.6M |
| Jan 2025 | $2.7M | $8.9M | −$6.3M |
DEVDX Assets Under Management
Net assets of Driehaus Event Driven Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-12-31 | $89.05M |
| 2025-09-30 | $90.11M |
| 2025-06-30 | $115.29M |
| 2025-03-31 | $190.62M |
| 2024-12-31 | $223.44M |
| 2024-09-30 | $213.39M |
| 2024-06-28 | $207.30M |
| 2024-03-28 | $216.72M |
| 2023-12-29 | $216.64M |
| 2023-09-29 | $218.44M |
| 2023-06-30 | $203.97M |
| 2023-03-31 | $202.79M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.