- ISIN
- US9367721027
- CUSIP
- 936772102
- Issuer
- Wasatch
- Inception Date
- Dec 8, 1986
- Category
- Small Cap Growth Equities
- Min. Investment
- $2,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
WAAEX Performance Chart
Wasatch Small Cap Growth Fund (WAAEX) is up 0.6% since the beginning of the year. WAAEX is currently trading at $38 per share. Investors who bought $1,000 worth of WAAEX shares 5 years ago would now be looking at an investment worth $772.
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Returns By Period
Wasatch Small Cap Growth Fund (WAAEX) has returned 0.56% so far this year and -1.02% over the past 12 months. Over the last ten years, WAAEX has returned 9.06% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Wasatch Small Cap Growth Fund
- 1D
- 1.92%
- 1M
- 3.84%
- YTD
- 0.56%
- 6M
- -2.08%
- 1Y
- -1.02%
- 3Y*
- 4.90%
- 5Y*
- -5.04%
- 10Y*
- 9.06%
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%
WAAEX Monthly Returns History
Based on dividend-adjusted daily data since Nov 18, 1986, WAAEX's average daily return is +0.05%, while the average monthly return is +1.01%. At this rate, an investment would double in approximately 5.7 years.
Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +17.5%, while the worst month was Oct 1987 at -27.5%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, WAAEX closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +10.7%, while the worst single day was Mar 16, 2020 at -14.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.25% | -3.09% | -6.59% | 4.83% | 0.83% | 2.79% | 0.56% | ||||||
| 2025 | 4.76% | -9.04% | -9.19% | 0.06% | 7.88% | 3.61% | -2.30% | 0.33% | -1.77% | -0.51% | 1.26% | -2.83% | -8.78% |
| 2024 | -2.85% | 5.77% | 1.24% | -7.07% | 2.94% | 0.50% | 4.45% | 2.01% | 2.72% | -0.05% | 12.58% | -6.24% | 15.50% |
| 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% | 0.19% | 7.68% |
Benchmark Metrics
Wasatch Small Cap Growth Fund has an annualized alpha of 2.46%, beta of 0.94, and R2 of 0.66 versus S&P 500 Index. Calculated based on daily prices since November 18, 1986.
- This fund captured 112.88% of S&P 500 Index gains and 106.57% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 2.46% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.94 and R2 of 0.66, 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
- 2.46%
- Beta
- 0.94
- R²
- 0.66
- Upside Capture
- 112.88%
- Downside Capture
- 106.57%
Expense Ratio
WAAEX has a high expense ratio of 1.12%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
WAAEX ranks 2 for risk / return — in the bottom 2% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Wasatch Small Cap Growth Fund (WAAEX) 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.
| WAAEX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.09 | ||
| Sortino ratioReturn per unit of downside risk | -2.71 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.37 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 2.78 | -2.86 |
| Martin ratioReturn relative to average drawdown | -0.17 | 12.44 | -12.61 |
Dividends
Dividend History
Wasatch Small Cap Growth Fund provided a 1.96% dividend yield over the last twelve months, with an annual payout of $0.74 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.74 | $0.74 | $0.00 | $0.00 | $0.00 | $10.82 | $3.55 | $5.79 | $12.46 | $5.07 | $3.51 | $7.63 |
Dividend yield | 1.96% | 1.97% | 0.00% | 0.00% | 0.00% | 21.65% | 6.25% | 14.78% | 38.79% | 11.70% | 8.83% | 18.47% |
Monthly Dividends
The table displays the monthly dividend distributions for Wasatch Small Cap Growth Fund. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $0.74 | $0.74 |
| 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 | $10.82 | $10.82 |
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 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 56.48%, occurring on Nov 20, 2008. Recovery took 504 trading sessions.
The current Wasatch Small Cap Growth Fund drawdown is 31.96%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -56.48%Nov 2008 | 1y 20d | 2y 2d | 3y 22dNov 2007 - Nov 2010 |
Bear market2022 | -50.51%Oct 2022 | 11mo 9d | — | 4y 7moNov 2021 - now |
Black Monday1987 | -41.59%Oct 1987 | 2mo 2d | 2y 7mo | 2y 9moAug 1987 - Jun 1990 |
COVID crash2020 | -39.63%Mar 2020 | 27d | 2mo 22d | 3mo 19dFeb 2020 - Jun 2020 |
Dot-com crash2000–2002 | -36.75%Oct 2002 | 9mo 5d | 10mo 28d | 1y 7moJan 2002 - Sep 2003 |
Drawdown Indicators
| WAAEX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.48% | -56.78% | +0.30% |
Max Drawdown (1Y)Largest decline over 1 year | -16.76% | -9.10% | -7.66% |
Max Drawdown (3Y)Largest decline over 3 years | -27.68% | -18.90% | -8.78% |
Max Drawdown (5Y)Largest decline over 5 years | -50.51% | -25.43% | -25.08% |
Max Drawdown (10Y)Largest decline over 10 years | -50.51% | -33.92% | -16.59% |
Current DrawdownCurrent decline from peak | -31.96% | -1.80% | -30.16% |
Average DrawdownAverage peak-to-trough decline | -12.15% | -10.71% | -1.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.00% | 2.03% | +4.97% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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