- Inception Date
- Mar 30, 2020
- Category
- China Equities
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
WCQGX Performance Chart
WCM China Quality Growth Fund (WCQGX) is up 16.4% since the beginning of the year. WCQGX is currently trading at $11 per share. Investors who bought $1,000 worth of WCQGX shares 5 years ago would now be looking at an investment worth $723.
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Returns By Period
WCM China Quality Growth Fund (WCQGX) has returned 16.36% so far this year and 28.81% over the past 12 months.
WCM China Quality Growth Fund
- 1D
- 3.45%
- 1M
- 10.06%
- YTD
- 16.36%
- 6M
- 14.60%
- 1Y
- 28.81%
- 3Y*
- 5.57%
- 5Y*
- -6.27%
- 10Y*
- —
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%
WCQGX Monthly Returns History
Based on dividend-adjusted daily data since Mar 31, 2020, WCQGX's average daily return is +0.03%, while the average monthly return is +0.68%. At this rate, an investment would double in approximately 8.5 years.
Historically, 51% of months were positive and 49% were negative. The best month was Nov 2022 with a return of +24.9%, while the worst month was Jan 2024 at -15.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 6 months.
On a daily basis, WCQGX closed higher 48% of trading days. The best single day was Mar 16, 2022 with a return of +10.3%, while the worst single day was Apr 7, 2025 at -6.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.83% | -3.29% | -5.79% | 6.26% | 3.69% | 9.53% | 16.36% | ||||||
| 2025 | 0.35% | 9.94% | 0.53% | -4.60% | 2.63% | 4.49% | 3.07% | 7.24% | 5.64% | -3.15% | -4.97% | -0.78% | 20.97% |
| 2024 | -14.99% | 6.74% | -0.36% | 4.39% | 1.40% | -4.49% | -6.15% | 1.03% | 20.10% | -5.51% | -3.03% | 1.68% | -3.03% |
| 2023 | 12.21% | -9.37% | -0.00% | -5.00% | -9.69% | 3.98% | 3.73% | -7.29% | -3.27% | -4.44% | 4.64% | -3.43% | -18.49% |
| 2022 | -7.95% | -4.81% | -10.11% | -7.44% | 2.32% | 4.28% | -7.37% | -0.36% | -12.52% | -10.58% | 24.94% | 4.47% | -26.70% |
| 2021 | 4.81% | 5.54% | -3.78% | 5.93% | 2.77% | 4.85% | -11.41% | -0.23% | -1.22% | 2.06% | -2.89% | -1.04% | 4.03% |
Benchmark Metrics
WCM China Quality Growth Fund has an annualized alpha of -1.81%, beta of 0.57, and R2 of 0.17 versus S&P 500 Index. Calculated based on daily prices since March 31, 2020.
- This fund participated in 49.94% of S&P 500 Index downside but only 33.00% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.57 may look defensive, but with R2 of 0.17 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 0.17 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -1.81%
- Beta
- 0.57
- R²
- 0.17
- Upside Capture
- 33.00%
- Downside Capture
- 49.94%
Expense Ratio
WCQGX has a high expense ratio of 1.50%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
WCQGX ranks 22 for risk / return — below 22% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for WCM China Quality Growth Fund (WCQGX) 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.
| WCQGX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.37 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | 2.78 | -0.88 |
| Martin ratioReturn relative to average drawdown | 4.26 | 12.44 | -8.18 |
Dividends
Dividend History
WCM China Quality Growth Fund provided a 5.73% dividend yield over the last twelve months, with an annual payout of $0.65 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.65 | $0.65 | $0.17 | $0.07 | $0.03 | $1.31 | $0.38 |
Dividend yield | 5.73% | 6.67% | 2.02% | 0.82% | 0.28% | 8.54% | 2.38% |
Monthly Dividends
The table displays the monthly dividend distributions for WCM China Quality 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 | $0.65 | $0.65 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.31 | $1.31 |
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 WCM China Quality 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 WCM China Quality Growth Fund was 59.28%, occurring on Aug 5, 2024. The portfolio has not yet recovered.
The current WCM China Quality Growth Fund drawdown is 32.96%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2024 bear market2024 | -59.28%Aug 2024 | 3y 5mo | — | 5y 4moFeb 2021 - now |
2020 pullback2020 | -7.92%Sep 2020 | 7d | 1mo 2d | 1mo 9dSep 2020 - Oct 2020 |
2021 pullback2021 | -6.41%Jan 2021 | 3d | 7d | 10dJan 2021 - Feb 2021 |
2020 pullback2020 | -5.52%Nov 2020 | 20d | 17d | 1mo 7dNov 2020 - Dec 2020 |
2020 pullback2020 | -5.23%May 2020 | 1d | 10d | 11dMay 2020 - Jun 2020 |
Drawdown Indicators
| WCQGX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.28% | -56.78% | -2.50% |
Max Drawdown (1Y)Largest decline over 1 year | -14.91% | -9.10% | -5.81% |
Max Drawdown (3Y)Largest decline over 3 years | -28.20% | -18.90% | -9.30% |
Max Drawdown (5Y)Largest decline over 5 years | -57.82% | -25.43% | -32.39% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -32.96% | -1.80% | -31.16% |
Average DrawdownAverage peak-to-trough decline | -34.30% | -10.71% | -23.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.63% | 2.03% | +4.60% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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