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WCM China Quality Growth Fund (WCQGX) Sharpe Ratio: 0.23

WCQGX's Sharpe Ratio of 0.23 indicates that for each unit of volatility, it generates 0.23 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 2, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

WCQGX Sharpe Ratio Rank

WCQGX Sharpe Ratio Rank: 7.07
Concerning

WCQGX ranks above 7.0% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

WCQGX Sharpe Ratio Market Positioning

The chart shows WCQGX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.76 or lower
  • Yellow zone (middle 50%): 0.76 to 1.49
  • Green zone (top 25%): 1.49 or higher
  • Top 1%: 3.53+
  • Median: 1.10 — half of all investments score higher

How it compares to other similar mutual funds

The table compares WCM China Quality Growth Fund's Sharpe Ratio with other mutual funds in the China Equities category across multiple time periods, showing how WCQGX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 2, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FIQFXFidelity Advisor China Region Fund Class Z2.07
FHKIXFidelity Advisor China Region Fund Class I2.06
FHKCXFidelity China Region Fund2.06
FHKAXFidelity Advisor China Region Fund Class A2.05
TRCLXT. Rowe Price China Evolution Equity Fund2.04
FHKTXFidelity Advisor China Region Fund Class M2.03
FCHKXFidelity Advisor China Region Fund Class C2.00
CAFMorgan Stanley China A Share Fund1.78
MCSMXMatthews China Small Companies Fund1.45
CHILXBlackRock China A Opportunities Fund1.33
WCQGXWCM China Quality Growth Fund0.23

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows WCQGX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when WCQGX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Explore WCQGX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

WCQGX Sortino Ratio