IVVIX Performance — Nomura Smid Cap Core Fund, Institutional Class
Data updated: 2026-08-26
IVVIX returned +21.53% year to date and +32.94% over one year to Jun 2026. Annualised returns are +17.85% over 3 years and +8.69% over 5 years. The fund beat its US Mid-Cap Blend category average: $100 invested three years ago grew to $164, against $150 for the category, and to $133 over one year, against $122. Volatility over the past three years was 17.18% a year. In the 12 months to Jun 2026 the fund lost a net $38.7M, and assets reached $395.98M.
IVVIX Growth of $100
What $100 invested in Nomura Smid Cap Core Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | IVVIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $133 | $122 |
| 3 years (Jul 2023 – Jun 2026) | $164 | $150 |
| 5 years (Jul 2021 – Jun 2026) | $152 | $147 |
| Since data start (Jul 2019 – Jun 2026) | $152 | $208 |
IVVIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +21.53% |
| 1 year | +32.94% |
| 3 years (annualised) | +17.85% |
| 5 years (annualised) | +8.69% |
IVVIX Annual Returns
Calendar-year total returns of Nomura Smid Cap Core Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +21.53% |
| 2025 | +8.97% |
| 2024 | +14.86% |
| 2023 | +16.84% |
| 2022 | −14.68% |
| 2021 | +0.20% |
| 2020 | +0.13% |
| 2019 (Jul–Dec) | +0.04% |
IVVIX 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 | +3.4% | +3.2% | −5.2% | +10.0% | +2.8% | +6.3% | — | — | — | — | — | — |
| 2025 | +5.0% | −5.8% | −5.3% | −2.9% | +5.2% | +4.1% | +0.7% | +3.3% | −0.6% | +0.6% | +5.3% | −0.1% |
| 2024 | −1.6% | +4.2% | +4.3% | −5.9% | +4.9% | −1.4% | +7.5% | −0.1% | +1.5% | −0.4% | +9.8% | −7.5% |
| 2023 | +9.1% | −1.2% | −4.2% | −0.8% | −2.4% | +8.6% | +4.4% | −3.7% | −5.3% | −5.2% | +8.7% | +9.6% |
| 2022 | −7.1% | +1.2% | +0.5% | −7.5% | +0.4% | −8.6% | +9.5% | −1.9% | −8.9% | +9.2% | +5.4% | −5.4% |
| 2021 | 0.0% | +0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +0.1% | −0.1% | +0.1% |
| 2020 | 0.0% | −0.1% | −0.2% | +0.1% | +0.1% | 0.0% | +0.1% | 0.0% | −0.1% | 0.0% | +0.1% | +0.1% |
| 2019 | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
IVVIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 17.18%
- 3-year Sharpe ratio: 0.78 (vs 4.5% risk-free rate)
- Best month: +9.96% (Apr 2026)
- Worst month: −7.53% (Dec 2024)
IVVIX Fund Flows
Monthly money in and out of Nomura Smid Cap Core Fund, from SEC Form N-PORT.
- 12-month net flow: −$38.7M
- 12-month gross sales (incl. reinvestments): $79.8M
- Sales ÷ redemptions: 0.67×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $2.2M | $15.4M | −$13.3M |
| May 2026 | $2.9M | $7.7M | −$4.9M |
| Apr 2026 | $3.4M | $7.7M | −$4.2M |
| Mar 2026 | $4.0M | $7.6M | −$3.6M |
| Feb 2026 | $5.0M | $8.5M | −$3.5M |
| Jan 2026 | $4.0M | $10.0M | −$6.0M |
| Dec 2025 | $8.7M | $8.1M | $575K |
| Nov 2025 | $4.7M | $8.1M | −$3.4M |
| Oct 2025 | $3.4M | $10.1M | −$6.8M |
| Sep 2025 | $3.2M | $16.6M | −$13.4M |
| Aug 2025 | $3.3M | $11.4M | −$8.1M |
| Jul 2025 | $35.1M | $7.2M | $27.9M |
IVVIX Assets Under Management
Net assets of Nomura Smid Cap Core Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $395.98M |
| 2026-03-31 | $349.58M |
| 2025-12-31 | $358.64M |
| 2025-09-30 | $353.61M |
| 2025-06-30 | $335.16M |
| 2025-03-31 | $323.44M |
| 2024-12-31 | $351.69M |
| 2024-09-30 | $353.26M |
| 2024-06-28 | $327.96M |
| 2024-03-28 | $340.17M |
| 2023-12-29 | $332.27M |
| 2023-09-29 | $306.44M |
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.