DRESX Performance — Driehaus Emerging Markets Small Cap Growth Fund
Data updated: 2026-08-26
DRESX returned +16.01% year to date and +30.17% over one year to Jun 2026. Annualised returns are +19.49% over 3 years and +7.44% over 5 years. The fund trailed its Emerging Markets Equity category average: $100 invested three years ago grew to $171, against $179 for the category, and to $130 over one year, against $141. Volatility over the past three years was 16.37% a year. In the 12 months to Jun 2026 the fund lost a net $666K, and assets reached $161.61M.
DRESX Growth of $100
What $100 invested in Driehaus Emerging Markets Small Cap Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | DRESX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $130 | $141 |
| 3 years (Jul 2023 – Jun 2026) | $171 | $179 |
| 5 years (Jul 2021 – Jun 2026) | $143 | $144 |
| Since data start (Jul 2019 – Jun 2026) | $248 | $195 |
DRESX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +16.01% |
| 1 year | +30.17% |
| 3 years (annualised) | +19.49% |
| 5 years (annualised) | +7.44% |
DRESX Annual Returns
Calendar-year total returns of Driehaus Emerging Markets Small Cap Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +16.01% |
| 2025 | +24.05% |
| 2024 | +14.88% |
| 2023 | +10.30% |
| 2022 | −21.18% |
| 2021 | +15.94% |
| 2020 | +33.55% |
| 2019 (Jul–Dec) | +11.34% |
DRESX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +8.9% | +6.6% | −8.4% | +15.2% | −1.6% | −3.8% | — | — | — | — | — | — |
| 2025 | −3.7% | −2.7% | +1.6% | +2.4% | +6.1% | +6.8% | −0.4% | +5.4% | +2.6% | +4.8% | −1.8% | +1.2% |
| 2024 | +1.2% | +3.5% | +2.4% | +0.8% | +4.0% | +4.3% | −0.3% | +1.8% | +1.4% | −3.5% | −0.4% | −0.9% |
| 2023 | +8.0% | −4.1% | +0.4% | −0.7% | −1.7% | +5.4% | +6.0% | −5.5% | −2.4% | −5.3% | +8.9% | +2.4% |
| 2022 | −6.7% | −1.7% | −1.0% | −5.0% | −1.0% | −5.7% | +1.7% | +0.2% | −8.1% | +0.2% | +6.3% | −1.9% |
| 2021 | +1.1% | +3.9% | −3.1% | +4.9% | +3.2% | +5.6% | −1.6% | −0.4% | −1.8% | +0.7% | +0.4% | +2.4% |
| 2020 | −0.5% | −3.6% | −19.1% | +14.7% | +7.0% | +7.7% | +6.8% | +0.9% | −1.4% | +1.8% | +9.0% | +10.2% |
| 2019 | — | — | — | — | — | — | +0.1% | −2.2% | +1.1% | +4.9% | +0.3% | +7.0% |
DRESX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 16.37%
- 3-year Sharpe ratio: 0.92 (vs 4.5% risk-free rate)
- Best month: +15.16% (Apr 2026)
- Worst month: −8.36% (Mar 2026)
DRESX Fund Flows
Monthly money in and out of Driehaus Emerging Markets Small Cap Growth Fund, from SEC Form N-PORT.
- 12-month net flow: −$666K
- 12-month gross sales (incl. reinvestments): $21.2M
- Sales ÷ redemptions: 0.97×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.1M | $3.5M | −$2.4M |
| May 2026 | $928K | $1.1M | −$201K |
| Apr 2026 | $1.6M | $2.0M | −$384K |
| Mar 2026 | $4.2M | $3.0M | $1.2M |
| Feb 2026 | $1.6M | $2.6M | −$986K |
| Jan 2026 | $4.1M | $1.1M | $3.0M |
| Dec 2025 | $3.7M | $2.6M | $1.0M |
| Nov 2025 | $554K | $1.2M | −$680K |
| Oct 2025 | $857K | $1.1M | −$210K |
| Sep 2025 | $1.0M | $1.4M | −$377K |
| Aug 2025 | $555K | $729K | −$173K |
| Jul 2025 | $859K | $1.3M | −$478K |
DRESX Assets Under Management
Net assets of Driehaus Emerging Markets Small Cap Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $161.61M |
| 2026-03-31 | $150.85M |
| 2025-12-31 | $138.59M |
| 2025-09-30 | $135.97M |
| 2025-06-30 | $127.18M |
| 2025-03-31 | $114.44M |
| 2024-12-31 | $124.75M |
| 2024-09-30 | $124.88M |
| 2024-06-28 | $118.11M |
| 2024-03-28 | $109.31M |
| 2023-12-29 | $107.76M |
| 2023-09-29 | $103.16M |
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.