Grandeur Peak Global Micro Cap Fund (GPMCX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

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

Grandeur Peak Global Micro Cap Fund (GPMCX) has returned -11.91% so far this year and 0.75% over the past 12 months. Over the last ten years, GPMCX has returned 7.66% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 4, 2016, GPMCX's average daily return is +0.03%, while the average monthly return is +0.74%. At this rate, your investment would double in approximately 7.8 years.

Historically, 59% of months were positive and 41% were negative. The best month was Apr 2020 with a return of +17.1%, while the worst month was Mar 2020 at -17.0%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.

On a daily basis, GPMCX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +6.9%, while the worst single day was Mar 16, 2020 at -10.0%.

Grandeur Peak Global Micro Cap Fund has an annualized alpha of 0.86%, beta of 0.59, and R² of 0.52 versus S&P 500 Index. Calculated based on daily prices since January 05, 2016.

• This fund participated in 92.25% of S&P 500 Index downside but only 76.40% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.59 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

GPMCX has a high expense ratio of 1.85%, indicating above-average management fees.

GPMCX ranks 5 for risk / return — in the bottom 5% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Grandeur Peak Global Micro Cap Fund (GPMCX) and compare them to a chosen benchmark (S&P 500 Index).

Grandeur Peak Global Micro Cap Fund provided a 3.78% dividend yield over the last twelve months, with an annual payout of $0.52 per share.

The table displays the monthly dividend distributions for Grandeur Peak Global Micro Cap 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 Grandeur Peak Global Micro Cap 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 Grandeur Peak Global Micro Cap Fund was 44.27%, occurring on Oct 14, 2022. The portfolio has not yet recovered.

The current Grandeur Peak Global Micro Cap Fund drawdown is 26.28%.

The chart below shows the rolling one-month volatility.