Wasatch Small Cap Growth Fund (WAAEX)
The investment seeks long-term growth of capital; income is a secondary consideration. The fund invests primarily in small growth companies. It will invest at least 80% of the fund's net assets (plus borrowings for investment purposes) in the equity securities of small-capitalization companies. The fund may invest up to 20% of its total assets at the time of purchase in securities issued by foreign companies in developed markets, emerging markets, or frontier markets.
Fund Info
| ISIN | US9367721027 |
|---|---|
| CUSIP | 936772102 |
| Issuer | Wasatch |
| Inception Date | Dec 8, 1986 |
| Category | Small Cap Growth Equities |
| Min. Investment | $2,000 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Growth |
Expense Ratio
WAAEX has a high expense ratio of 1.12%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: WAAEX vs. OBSOX, WAAEX vs. WAMCX, WAAEX vs. WGROX, WAAEX vs. FCPGX, WAAEX vs. VFINX, WAAEX vs. VGT, WAAEX vs. VBR, WAAEX vs. ^GSPC, WAAEX vs. VTI, WAAEX vs. INDEX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Wasatch Small Cap Growth 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
Wasatch Small Cap Growth Fund had a return of 20.48% year-to-date (YTD) and 44.75% in the last 12 months. Over the past 10 years, Wasatch Small Cap Growth Fund had an annualized return of -1.88%, while the S&P 500 had an annualized return of 11.39%, indicating that Wasatch Small Cap Growth Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 20.48% | 25.45% |
| 1 month | 8.35% | 2.91% |
| 6 months | 21.55% | 14.05% |
| 1 year | 44.75% | 35.64% |
| 5 years (annualized) | 1.04% | 14.13% |
| 10 years (annualized) | -1.88% | 11.39% |
Monthly Returns
The table below presents the monthly returns of WAAEX, 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 | -2.85% | 5.77% | 1.24% | -7.07% | 2.94% | 0.50% | 4.45% | 2.01% | 2.72% | -0.05% | 20.48% | ||
| 2023 | 13.10% | -3.11% | -1.93% | -1.18% | -2.78% | 10.42% | 5.11% | -2.94% | -7.00% | -8.95% | 10.34% | 11.56% | 21.24% |
| 2022 | -15.93% | -2.24% | -0.44% | -12.96% | -5.51% | -8.89% | 9.17% | -2.93% | -10.10% | 6.68% | 1.64% | -5.69% | -40.26% |
| 2021 | 0.48% | 7.09% | -3.27% | 5.73% | -3.49% | 4.19% | 1.43% | 1.08% | -3.15% | 6.47% | -8.14% | -18.20% | -12.09% |
| 2020 | 1.40% | -5.29% | -20.40% | 17.47% | 13.54% | 5.31% | 5.73% | 7.24% | -2.16% | 2.21% | 16.07% | 2.73% | 45.19% |
| 2019 | 12.55% | 7.08% | -0.03% | 5.56% | -2.74% | 5.99% | 1.69% | -2.97% | -3.15% | 0.67% | 7.26% | -9.88% | 21.92% |
| 2018 | 5.47% | 0.55% | 1.72% | -1.71% | 5.98% | 2.69% | 1.86% | 11.01% | -2.25% | -10.52% | 3.54% | -37.32% | -25.95% |
| 2017 | 3.72% | 0.51% | 1.06% | 2.51% | 0.81% | 0.88% | 0.41% | -0.00% | 4.22% | 1.22% | 4.34% | -10.21% | 9.00% |
| 2016 | -9.64% | -2.09% | 8.10% | 0.56% | 1.59% | -0.69% | 6.69% | -0.19% | 2.02% | -2.90% | 4.14% | -9.61% | -3.66% |
| 2015 | -1.61% | 7.91% | 1.32% | -3.60% | 1.45% | 1.70% | -0.76% | -6.41% | -5.72% | 4.83% | 4.07% | -17.67% | -15.84% |
| 2014 | -0.72% | 3.26% | -1.60% | -6.08% | 0.04% | 5.41% | -5.13% | 4.38% | -3.20% | 4.50% | 0.86% | -7.36% | -6.50% |
| 2013 | 4.80% | 0.28% | 3.83% | -0.16% | 3.82% | 0.26% | 4.74% | -1.59% | 6.32% | 0.25% | 2.51% | -0.49% | 27.08% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of WAAEX is 47, 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 Wasatch Small Cap Growth Fund (WAAEX) 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 Wasatch Small 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 Wasatch Small Cap Growth Fund was 62.47%, occurring on Nov 20, 2008. Recovery took 659 trading sessions.
The current Wasatch Small Cap Growth Fund drawdown is 36.84%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -62.47% | Aug 3, 2005 | 830 | Nov 20, 2008 | 659 | Jul 6, 2011 | 1489 |
| -59.6% | Nov 9, 2021 | 235 | Oct 14, 2022 | — | — | — |
| -54.83% | Sep 5, 2018 | 386 | Mar 18, 2020 | 184 | Dec 8, 2020 | 570 |
| -49.73% | Oct 15, 1997 | 257 | Oct 8, 1998 | 361 | Feb 29, 2000 | 618 |
| -38.49% | Mar 7, 2014 | 488 | Feb 11, 2016 | 639 | Aug 24, 2018 | 1127 |
Volatility
Volatility Chart
The current Wasatch Small Cap Growth Fund volatility is 5.84%, 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.