- ISIN
- US9367938845
- CUSIP
- 936793884
- Issuer
- Wasatch
- Inception Date
- Sep 30, 2007
- Category
- Emerging Markets Diversified
- Min. Investment
- $2,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
WAEMX Performance Chart
Wasatch Emerging Markets Small Cap Fund (WAEMX) is up 25.3% since the beginning of the year. WAEMX is currently trading at $2 per share. Investors who bought $1,000 worth of WAEMX shares 5 years ago would now be looking at an investment worth $1,117.
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Returns By Period
Wasatch Emerging Markets Small Cap Fund (WAEMX) has returned 25.29% so far this year and 32.15% over the past 12 months. Over the last ten years, WAEMX has returned 8.49% per year, falling short of the S&P 500 Index benchmark, which averaged 13.33% annually.
Wasatch Emerging Markets Small Cap Fund
- 1D
- 0.95%
- 1M
- -0.47%
- YTD
- 25.29%
- 6M
- 29.38%
- 1Y
- 32.15%
- 3Y*
- 13.05%
- 5Y*
- 2.23%
- 10Y*
- 8.49%
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- 0.64%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- 23.05%
- 3Y*
- 19.90%
- 5Y*
- 11.79%
- 10Y*
- 13.33%
WAEMX Monthly Returns History
Based on dividend-adjusted daily data since Sep 28, 2007, WAEMX's average daily return is +0.03%, while the average monthly return is +0.67%. At this rate, an investment would double in approximately 8.7 years.
Historically, 60% of months were positive and 40% were negative. The best month was May 2009 with a return of +22.0%, while the worst month was Oct 2008 at -29.8%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 7 months.
On a daily basis, WAEMX closed higher 44% of trading days. The best single day was Oct 13, 2008 with a return of +9.6%, while the worst single day was Mar 16, 2020 at -10.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.53% | 7.39% | -6.35% | 18.64% | 0.95% | 0.47% | 25.29% | ||||||
| 2025 | -2.15% | -4.40% | -2.68% | 3.54% | 2.66% | 7.04% | -5.19% | 2.19% | -0.36% | 3.58% | 1.04% | 1.14% | 5.85% |
| 2024 | -4.62% | 3.11% | -1.34% | 0.00% | 2.38% | 2.99% | -1.61% | 4.26% | 2.83% | -4.59% | -2.24% | -2.85% | -2.21% |
| 2023 | 7.60% | -0.37% | 0.37% | -1.86% | 2.65% | 2.58% | -0.36% | -1.44% | -1.47% | -6.32% | 12.70% | 6.69% | 21.20% |
| 2022 | -9.50% | -9.45% | -0.29% | -11.05% | -3.27% | -11.15% | 5.70% | 0.36% | -11.47% | 0.40% | 11.69% | -6.93% | -38.76% |
| 2021 | 0.87% | 3.46% | -1.11% | 3.66% | 4.62% | 4.42% | 1.49% | 5.39% | -1.63% | 3.55% | -0.46% | 2.70% | 30.16% |
Benchmark Metrics
Wasatch Emerging Markets Small Cap Fund has an annualized alpha of 0.33%, beta of 0.67, and R2 of 0.50 versus S&P 500 Index. Calculated based on daily prices since October 01, 2007.
- This fund participated in 99.02% of S&P 500 Index downside but only 85.49% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.67 may look defensive, but with R2 of 0.50 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.50 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 0.33%
- Beta
- 0.67
- R²
- 0.50
- Upside Capture
- 85.49%
- Downside Capture
- 99.02%
Expense Ratio
WAEMX has a high expense ratio of 1.91%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
WAEMX ranks 64 for risk / return — better than 64% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Wasatch Emerging Markets Small Cap Fund (WAEMX) and compare them to S&P 500 Index.
| WAEMX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.36 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 4.52 | 2.69 | +1.84 |
| Martin ratioReturn relative to average drawdown | 13.96 | 12.34 | +1.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Wasatch Emerging Markets Small Cap Fund provided a 56.19% dividend yield over the last twelve months, with an annual payout of $1.20 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.20 | $1.20 | $0.18 | $0.00 | $0.08 | $0.25 | $0.25 | $0.16 | $0.30 | $0.00 | $0.00 | $0.00 |
Dividend yield | 56.19% | 70.40% | 6.49% | 0.00% | 3.32% | 6.03% | 7.15% | 5.82% | 12.81% | 0.00% | 0.00% | 0.02% |
Monthly Dividends
The table displays the monthly dividend distributions for Wasatch Emerging Markets Small Cap 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 | $1.20 | $1.20 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 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 | $0.08 | $0.08 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
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 Emerging Markets Small 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 Wasatch Emerging Markets Small Cap Fund was 66.35%, occurring on Nov 20, 2008. Recovery took 423 trading sessions.
The current Wasatch Emerging Markets Small Cap Fund drawdown is 7.30%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -66.35%Nov 2008 | 1y 20d | 1y 8mo | 2y 9moNov 2007 - Jul 2010 |
Bear market2022 | -44.88%Oct 2022 | 11mo | — | 4y 6moNov 2021 - now |
COVID crash2020 | -36.12%Mar 2020 | 1mo 4d | 4mo | 5mo 4dFeb 2020 - Jul 2020 |
2016 bear market2016 | -28.43%Jan 2016 | 2y 8mo | 1y 7mo | 4y 3moMay 2013 - Sep 2017 |
Rate-hike selloffLate 2018 | -28.23%Oct 2018 | 9mo 3d | 1y 2mo | 1y 11moJan 2018 - Jan 2020 |
Drawdown Indicators
| WAEMX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.35% | -56.78% | -9.57% |
Max Drawdown (1Y)Largest decline over 1 year | -7.89% | -9.10% | +1.21% |
Max Drawdown (3Y)Largest decline over 3 years | -25.56% | -18.90% | -6.66% |
Max Drawdown (5Y)Largest decline over 5 years | -44.88% | -25.43% | -19.45% |
Max Drawdown (10Y)Largest decline over 10 years | -44.88% | -33.92% | -10.96% |
Current DrawdownCurrent decline from peak | -7.30% | -2.97% | -4.33% |
Average DrawdownAverage peak-to-trough decline | -16.81% | -10.72% | -6.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 1.97% | +0.58% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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