- ISIN
- US2620287647
- Issuer
- Driehaus
- Inception Date
- Apr 6, 2017
- Category
- Emerging Markets Diversified
- Min. Investment
- $10,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
DMAGX Performance Chart
Driehaus Emerging Markets Opportunities Fund (DMAGX) is up 21.1% since the beginning of the year. DMAGX is currently trading at $20 per share. Investors who bought $1,000 worth of DMAGX shares 5 years ago would now be looking at an investment worth $1,701.
Loading charts...
Returns By Period
Driehaus Emerging Markets Opportunities Fund (DMAGX) has returned 21.13% so far this year and 37.82% over the past 12 months.
Driehaus Emerging Markets Opportunities Fund
- 1D
- 1.56%
- 1M
- 3.64%
- YTD
- 21.13%
- 6M
- 20.69%
- 1Y
- 37.82%
- 3Y*
- 26.12%
- 5Y*
- 11.21%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
DMAGX Monthly Returns History
Based on dividend-adjusted daily data since Apr 7, 2017, DMAGX's average daily return is +0.05%, while the average monthly return is +1.08%. At this rate, an investment would double in approximately 5.4 years.
Historically, 62% of months were positive and 38% were negative. The best month was Apr 2026 with a return of +12.1%, while the worst month was Mar 2020 at -13.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, DMAGX closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +7.8%, while the worst single day was Mar 16, 2020 at -8.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.95% | 2.25% | -6.19% | 12.12% | 5.94% | 2.27% | 21.13% | ||||||
| 2025 | 3.53% | -2.48% | -4.83% | 3.07% | 6.87% | 6.74% | 1.48% | 1.96% | 4.12% | 1.69% | -1.14% | 0.34% | 22.77% |
| 2024 | 2.02% | 7.64% | 3.89% | -3.88% | 4.44% | 2.42% | -0.26% | 3.01% | 1.80% | -0.55% | 5.53% | -2.04% | 26.16% |
| 2023 | 7.59% | -5.41% | 3.90% | 0.25% | -0.00% | 5.75% | 2.83% | -2.30% | -3.61% | -2.28% | 8.74% | 3.57% | 19.48% |
| 2022 | -3.58% | -3.06% | -1.58% | -5.87% | 1.38% | -6.95% | 0.95% | 0.68% | -8.20% | -0.18% | 9.59% | -2.66% | -18.85% |
| 2021 | 2.96% | 0.13% | -3.32% | 2.38% | 2.58% | 2.14% | -5.61% | 2.15% | -4.22% | 2.60% | -2.28% | -0.86% | -1.84% |
Benchmark Metrics
Driehaus Emerging Markets Opportunities Fund has an annualized alpha of 3.75%, beta of 0.65, and R2 of 0.62 versus S&P 500 Index. Calculated based on daily prices since April 07, 2017.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (74.83%) than losses (71.96%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 3.75% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.65 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 3.75%
- Beta
- 0.65
- R²
- 0.62
- Upside Capture
- 74.83%
- Downside Capture
- 71.96%
Expense Ratio
DMAGX has a high expense ratio of 0.99%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
DMAGX ranks 77 for risk / return — better than 77% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Driehaus Emerging Markets Opportunities Fund (DMAGX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DMAGX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.37 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.70 | 2.78 | +0.92 |
| Martin ratioReturn relative to average drawdown | 14.74 | 12.44 | +2.30 |
Dividends
Dividend History
Driehaus Emerging Markets Opportunities Fund provided a 11.55% dividend yield over the last twelve months, with an annual payout of $2.34 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.34 | $2.34 | $1.30 | $0.19 | $0.24 | $0.65 | $0.36 | $0.14 | $0.08 | $0.57 |
Dividend yield | 11.55% | 13.99% | 8.34% | 1.45% | 2.08% | 4.57% | 2.34% | 1.15% | 0.84% | 4.91% |
Monthly Dividends
The table displays the monthly dividend distributions for Driehaus Emerging Markets Opportunities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.34 | $2.34 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.30 | $1.30 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $0.65 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Driehaus Emerging Markets Opportunities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Driehaus Emerging Markets Opportunities Fund was 34.21%, occurring on Oct 14, 2022. Recovery took 419 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -34.21%Oct 2022 | 1y 7mo | 1y 8mo | 3y 4moFeb 2021 - Jun 2024 |
COVID crash2020 | -28.21%Mar 2020 | 2mo 2d | 3mo 11d | 5mo 13dJan 2020 - Jul 2020 |
Rate-hike selloffLate 2018 | -20.90%Dec 2018 | 10mo 29d | 1y 20d | 1y 11moJan 2018 - Jan 2020 |
2025 selloff2025 | -18.03%Apr 2025 | 1mo 18d | 1mo 19d | 3mo 7dFeb 2025 - May 2025 |
2026 correction2026 | -10.18%Mar 2026 | 1mo 2d | 15d | 1mo 17dFeb 2026 - Apr 2026 |
Drawdown Indicators
| DMAGX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.21% | -56.78% | +22.57% |
Max Drawdown (1Y)Largest decline over 1 year | -10.18% | -9.10% | -1.08% |
Max Drawdown (3Y)Largest decline over 3 years | -18.03% | -18.90% | +0.87% |
Max Drawdown (5Y)Largest decline over 5 years | -31.38% | -25.43% | -5.95% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -9.78% | -10.71% | +0.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 2.03% | +0.52% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with DMAGX
Add Driehaus Emerging Markets Opportunities Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with DMAGX