Driehaus Emerging Markets Opportunities Fund (DMAGX)

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The chart shows the growth of an initial investment of $10,000 in Driehaus Emerging Markets Opportunities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Driehaus Emerging Markets Opportunities Fund (DMAGX) has returned -3.41% so far this year and 23.42% over the past 12 months.

Based on dividend-adjusted daily data since Apr 7, 2017, DMAGX's average daily return is +0.04%, while the average monthly return is +0.89%. At this rate, your investment would double in approximately 6.5 years.

Historically, 62% of months were positive and 38% were negative. The best month was Apr 2020 with a return of +9.8%, 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%.

Driehaus Emerging Markets Opportunities Fund has an annualized alpha of 2.60%, beta of 0.64, and R² of 0.62 versus S&P 500 Index. Calculated based on daily prices since April 10, 2017.

• This fund participated in 74.68% of S&P 500 Index downside but only 72.49% of its upside — more exposed to losses than it benefited from rallies.
• This fund generated an annualized alpha of 2.60% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• Beta of 0.64 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

DMAGX has a high expense ratio of 0.99%, indicating above-average management fees.

DMAGX ranks 74 for risk / return — better than 74% 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.

The table below present risk-adjusted performance metrics for Driehaus Emerging Markets Opportunities Fund (DMAGX) and compare them to a chosen benchmark (S&P 500 Index).

Driehaus Emerging Markets Opportunities Fund provided a 14.49% 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.

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.

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.

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.

The current Driehaus Emerging Markets Opportunities Fund drawdown is 10.18%.

The chart below shows the rolling one-month volatility.