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ISIN
US69315C1080
Issuer
Papp
Inception Date
Mar 8, 2010
Min. Investment
$5,000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

PAPPX Performance Chart

Papp Small & Mid-Cap Growth Fund (PAPPX) is up 1.6% since the beginning of the year. PAPPX is currently trading at $31 per share. Investors who bought $1,000 worth of PAPPX shares 5 years ago would now be looking at an investment worth $1,040.


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S&P 500 Index

Returns By Period

Papp Small & Mid-Cap Growth Fund (PAPPX) has returned 1.64% so far this year and 6.54% over the past 12 months. Over the last ten years, PAPPX has returned 8.46% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


Papp Small & Mid-Cap Growth Fund

1D
0.68%
1M
1.84%
YTD
1.64%
6M
-0.22%
1Y
6.54%
3Y*
4.35%
5Y*
0.78%
10Y*
8.46%

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PAPPX Monthly Returns History

Based on dividend-adjusted daily data since Mar 8, 2010, PAPPX's average daily return is +0.04%, while the average monthly return is +0.84%. At this rate, an investment would double in approximately 6.9 years.

Historically, 63% of months were positive and 37% were negative. The best month was Oct 2011 with a return of +13.5%, while the worst month was Mar 2020 at -13.0%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.

On a daily basis, PAPPX closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +9.9%, while the worst single day was Mar 16, 2020 at -11.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.66%1.57%-6.90%5.62%-2.47%1.64%1.64%
20255.27%-2.09%-5.34%-2.50%4.42%3.19%3.16%0.50%-2.07%-0.77%2.26%-0.84%4.72%
2024-1.99%5.80%3.47%-6.45%1.02%-0.71%2.52%0.63%1.62%-3.11%6.49%-5.75%2.64%
20235.15%-1.96%2.48%-1.01%-2.85%6.80%1.13%-2.75%-5.26%-6.34%9.31%7.71%11.49%
2022-11.39%-5.03%0.98%-7.74%-1.17%-5.86%10.88%-5.11%-8.99%9.63%7.05%-5.72%-22.71%
2021-2.43%1.77%2.84%3.64%-1.21%2.02%2.82%1.37%-5.82%5.05%-1.54%5.93%14.71%

Benchmark Metrics

Papp Small & Mid-Cap Growth Fund has an annualized alpha of -2.21%, beta of 0.97, and R2 of 0.85 versus S&P 500 Index. Calculated based on daily prices since March 08, 2010.

  • This fund participated in 103.38% of S&P 500 Index downside but only 90.15% of its upside - more exposed to losses than it benefited from rallies.
  • This fund had an annualized alpha of -2.21% versus S&P 500 Index - delivering less than market exposure alone would predict.
  • With beta of 0.97 and R2 of 0.85, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
-2.21%
Beta
0.97
0.85
Upside Capture
90.15%
Downside Capture
103.38%

Expense Ratio

PAPPX has a high expense ratio of 1.27%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

PAPPX ranks 7 for risk / return — in the bottom 7% 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.


PAPPX Risk / Return Rank: 77
Overall Rank
PAPPX Sharpe Ratio Rank: 77
Sharpe Ratio Rank
PAPPX Sortino Ratio Rank: 77
Sortino Ratio Rank
PAPPX Omega Ratio Rank: 66
Omega Ratio Rank
PAPPX Calmar Ratio Rank: 88
Calmar Ratio Rank
PAPPX Martin Ratio Rank: 77
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Papp Small & Mid-Cap Growth Fund (PAPPX) 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.


PAPPXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.55

Sortino ratioReturn per unit of downside risk

-1.95

Omega ratioGain probability vs. loss probability

1.09

1.37

-0.28

Calmar ratioReturn relative to maximum drawdown

0.69

2.78

-2.09

Martin ratioReturn relative to average drawdown

1.77

12.44

-10.67

Dividends

Dividend History

Papp Small & Mid-Cap Growth Fund provided a 3.10% dividend yield over the last twelve months, with an annual payout of $0.96 per share.


0.00%2.00%4.00%6.00%8.00%$0.00$0.50$1.00$1.50$2.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.96$0.96$0.00$0.00$0.00$1.93$0.68$0.76$0.59$1.73$0.00$0.42

Dividend yield

3.10%3.15%0.00%0.00%0.00%5.68%2.19%2.97%3.03%8.33%0.00%2.46%

Monthly Dividends

The table displays the monthly dividend distributions for Papp Small & Mid-Cap Growth Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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$0.96$0.96
2024$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
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$1.93$1.93

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Papp Small & Mid-Cap Growth 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 Papp Small & Mid-Cap Growth Fund was 34.51%, occurring on Mar 23, 2020. Recovery took 82 trading sessions.

The current Papp Small & Mid-Cap Growth Fund drawdown is 6.02%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-34.51%Mar 2020
1mo 2d3mo 29d
5mo 1dFeb 2020 - Jul 2020
Bear market2022
-30.93%Jun 2022
5mo 18d
4y 5moDec 2021 - now
2011 bear market2011
-23.16%Oct 2011
2mo 27d5mo 12d
8mo 9dJul 2011 - Mar 2012
Rate-hike selloffLate 2018
-17.73%Dec 2018
3mo 8d3mo
6mo 8dSep 2018 - Mar 2019
2016 correction2016
-15.98%Feb 2016
7mo 19d6mo 9d
1y 1moJun 2015 - Aug 2016

Drawdown Indicators


PAPPXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-34.51%

-56.78%

+22.27%

Max Drawdown (1Y)

Largest decline over 1 year

-9.55%

-9.10%

-0.45%

Max Drawdown (3Y)

Largest decline over 3 years

-18.62%

-18.90%

+0.28%

Max Drawdown (5Y)

Largest decline over 5 years

-30.93%

-25.43%

-5.50%

Max Drawdown (10Y)

Largest decline over 10 years

-34.51%

-33.92%

-0.59%

Current Drawdown

Current decline from peak

-6.02%

-1.80%

-4.22%

Average Drawdown

Average peak-to-trough decline

-6.54%

-10.71%

+4.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.73%

2.03%

+1.70%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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