ERShares US Small Cap™ (IMPAX)
The fund seeks investment results that exceed the performance, before fees and expenses, of the Russell 2000 Index. It will invest at least 80% of its assets in equity securities of small capitalization companies domiciled or headquartered within the United States, or whose primary business activities or principal trading markets are located within the United States ("Entrepreneurial Companies"). The manager defines small capitalization companies as those with market capitalizations below that of the largest member of the Russell 2000 Index at the time of initial purchase.
Fund Info
US2938285051
293828505
Dec 17, 2013
$2,500
Small-Cap
Growth
Expense Ratio
IMPAX has an expense ratio of 0.86%, placing it in the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
IMPAX
N/A
N/A
N/A
N/A
N/A
N/A
N/A
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of IMPAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -7.26% | 7.51% | 0.59% | -9.60% | 0.98% | -0.97% | 1.14% | -3.88% | 0.34% | 0.67% | -10.96% | ||
| 2023 | 11.51% | -1.94% | -1.15% | -2.33% | 2.39% | 7.99% | 6.78% | -7.79% | -8.92% | -9.45% | 10.63% | 15.78% | 21.40% |
| 2022 | -12.48% | 1.49% | -1.32% | -12.91% | -1.36% | -5.70% | 11.17% | -0.49% | -8.94% | 6.18% | 0.51% | -5.28% | -27.70% |
| 2021 | 7.62% | -0.85% | -12.12% | 0.70% | -1.67% | 6.29% | -3.33% | 0.07% | -3.51% | 7.27% | -6.91% | -0.45% | -8.43% |
| 2020 | 0.67% | -4.41% | -17.75% | 16.72% | 4.90% | 3.80% | 5.58% | 3.79% | 0.46% | 4.54% | 16.64% | 7.83% | 45.59% |
| 2019 | 13.01% | 5.63% | 1.41% | 1.78% | -7.45% | 4.35% | 1.26% | -4.51% | -2.68% | 1.00% | 5.55% | -0.02% | 19.36% |
| 2018 | 3.56% | -1.76% | 1.32% | 1.23% | 11.29% | 3.95% | 0.98% | 8.56% | -1.43% | -14.12% | 1.62% | -9.94% | 2.52% |
| 2017 | 1.06% | 2.10% | 0.43% | 2.39% | 1.50% | 4.77% | 1.55% | 1.17% | 4.05% | 1.17% | 2.68% | -1.18% | 23.83% |
| 2016 | -8.71% | 0.57% | 6.66% | 0.85% | 1.89% | 0.12% | 6.38% | 0.58% | 1.15% | -4.37% | 9.64% | 2.62% | 17.31% |
| 2015 | -2.58% | 6.05% | 1.16% | -2.12% | 1.98% | 1.15% | -0.09% | -7.52% | -5.39% | 6.10% | 1.51% | -4.80% | -5.41% |
| 2014 | -3.26% | 5.64% | -2.15% | -3.26% | 1.39% | 4.20% | -4.31% | 4.99% | -3.54% | 4.06% | 1.11% | -0.32% | 3.87% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of IMPAX is 6, meaning it’s performing worse than 94% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ERShares US Small Cap™ (IMPAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
ERShares US Small Cap™ provided a 100.05% dividend yield over the last twelve months, with an annual payout of $6.01 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $6.01 | $0.00 | $0.00 | $0.16 | $2.27 | $0.01 | $2.28 | $1.35 | $0.02 | $0.61 | $0.00 |
Dividend yield | 100.05% | 0.00% | 0.00% | 2.02% | 14.92% | 0.07% | 21.32% | 10.66% | 0.18% | 6.34% | 0.04% |
Monthly Dividends
The table displays the monthly dividend distributions for ERShares US Small Cap™. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.01 | $6.01 | ||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.27 | $2.27 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.28 | $2.28 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.35 | $1.35 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.61 | $0.61 |
| 2014 | $0.00 | $0.00 |
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 data...
Worst Drawdowns
The table below displays the maximum drawdowns of the ERShares US Small Cap™. 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 ERShares US Small Cap™ was 50.45%, occurring on Jun 16, 2022. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -50.45% | Feb 10, 2021 | 341 | Jun 16, 2022 | — | — | — |
| -36.83% | Sep 5, 2018 | 386 | Mar 18, 2020 | 97 | Aug 5, 2020 | 483 |
| -26.81% | Jun 24, 2015 | 161 | Feb 11, 2016 | 198 | Nov 22, 2016 | 359 |
| -12.03% | Dec 23, 2020 | 7 | Jan 4, 2021 | 8 | Jan 14, 2021 | 15 |
| -10.62% | Jan 24, 2018 | 12 | Feb 8, 2018 | 18 | Mar 7, 2018 | 30 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...