Paradigm Micro-cap Fund (PVIVX)
The fund invests at least 80% of its net assets in the common stocks of U.S. micro-cap companies. The advisor generally considers a company to be a micro-cap company if, at the time of purchase, its market capitalization is within the range of capitalizations of companies in the Russell Microcap Index as of the most recent reconstitution date. It may be overweight in certain sectors at various times. Stocks are sold when they have realized the value anticipated by the Advisor or if new investment opportunities with higher expected returns are acquired.
Fund Info
| ISIN | US69901E5006 |
|---|---|
| CUSIP | 69901E500 |
| Issuer | Paradigm Funds |
| Inception Date | Dec 31, 2007 |
| Category | Small Cap Blend Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Blend |
Expense Ratio
PVIVX has a high expense ratio of 1.25%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: PVIVX vs. IWC, PVIVX vs. VSIAX, PVIVX vs. FESM, PVIVX vs. WMICX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Paradigm 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.
Returns By Period
Paradigm Micro-cap Fund had a return of 14.47% year-to-date (YTD) and 32.59% in the last 12 months. Over the past 10 years, Paradigm Micro-cap Fund had an annualized return of 7.68%, while the S&P 500 had an annualized return of 11.39%, indicating that Paradigm Micro-cap Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 14.47% | 25.45% |
| 1 month | 0.93% | 2.91% |
| 6 months | 6.68% | 14.05% |
| 1 year | 32.59% | 35.64% |
| 5 years (annualized) | 14.91% | 14.13% |
| 10 years (annualized) | 7.68% | 11.39% |
Monthly Returns
The table below presents the monthly returns of PVIVX, 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 | -1.33% | 8.91% | 2.10% | -8.57% | 6.23% | 0.22% | 8.76% | -0.79% | -2.23% | -2.69% | 14.47% | ||
| 2023 | 8.96% | 1.00% | -2.89% | -7.84% | 6.84% | 9.74% | 2.00% | 0.10% | -6.15% | -10.58% | 7.82% | 10.52% | 17.89% |
| 2022 | -11.31% | -0.58% | 0.17% | -11.12% | -0.51% | -9.36% | 13.59% | -4.40% | -9.34% | 11.62% | 7.11% | -4.73% | -20.62% |
| 2021 | 5.61% | 9.73% | 2.18% | 3.23% | 0.82% | 2.35% | -3.24% | -0.68% | -6.37% | 6.68% | 0.59% | 3.88% | 26.52% |
| 2020 | -1.36% | -7.02% | -22.82% | 20.06% | 5.48% | 6.78% | 10.07% | 1.72% | -2.26% | 2.04% | 25.39% | 4.10% | 39.53% |
| 2019 | 11.60% | 7.66% | -2.44% | 0.57% | -13.97% | 7.69% | 0.11% | -4.78% | 3.69% | 1.87% | 4.64% | 6.33% | 22.37% |
| 2018 | 3.89% | -5.05% | 5.29% | -0.45% | 8.99% | 1.12% | -1.30% | 5.79% | -6.12% | -8.84% | -2.36% | -21.58% | -22.04% |
| 2017 | 0.30% | 1.27% | 4.78% | 1.67% | 2.94% | 3.39% | -0.99% | -4.31% | 6.65% | 0.12% | 2.07% | -8.84% | 8.40% |
| 2016 | -8.68% | 1.44% | 11.32% | -1.83% | -0.49% | -1.31% | 9.76% | 5.95% | 3.13% | -4.31% | 8.18% | -0.43% | 22.90% |
| 2015 | -4.13% | 8.34% | 1.02% | -2.40% | -0.32% | -1.25% | -5.51% | -6.32% | -6.26% | 7.03% | 3.55% | -4.21% | -11.21% |
| 2014 | -3.36% | 1.74% | 1.11% | -6.33% | -2.48% | 2.07% | -4.94% | 6.88% | -5.04% | 2.84% | 2.33% | -4.10% | -9.75% |
| 2013 | 3.87% | -1.28% | 4.32% | 0.24% | 8.67% | 3.73% | 5.95% | -5.04% | 8.39% | 0.36% | 4.03% | -5.10% | 30.59% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PVIVX is 27, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Paradigm Micro-cap Fund (PVIVX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Paradigm 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 Paradigm Micro-cap Fund was 54.12%, occurring on Mar 18, 2020. Recovery took 169 trading sessions.
The current Paradigm Micro-cap Fund drawdown is 2.89%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.12% | Aug 30, 2018 | 389 | Mar 18, 2020 | 169 | Nov 16, 2020 | 558 |
| -49.38% | Jun 2, 2008 | 193 | Mar 9, 2009 | 447 | Dec 14, 2010 | 640 |
| -37.9% | Dec 26, 2013 | 536 | Feb 11, 2016 | 312 | May 9, 2017 | 848 |
| -35% | Nov 9, 2021 | 152 | Jun 16, 2022 | 519 | Jul 12, 2024 | 671 |
| -23.93% | May 2, 2011 | 108 | Oct 3, 2011 | 83 | Feb 1, 2012 | 191 |
Volatility
Volatility Chart
The current Paradigm Micro-cap Fund volatility is 6.78%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.