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ISIN
US88166L6526
CUSIP
88166L652
Inception Date
May 11, 1998
Min. Investment
$1,000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Small-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

WEMMX Performance Chart

TETON Westwood Mighty Mites Fund (WEMMX) is up 25.7% since the beginning of the year. WEMMX is currently trading at $18 per share. Investors who bought $1,000 worth of WEMMX shares 5 years ago would now be looking at an investment worth $1,374.


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S&P 500 Index

Returns By Period

TETON Westwood Mighty Mites Fund (WEMMX) has returned 25.73% so far this year and 36.99% over the past 12 months. Over the last ten years, WEMMX has returned 9.87% per year, falling short of the S&P 500 Index benchmark, which averaged 13.70% annually.


TETON Westwood Mighty Mites Fund

1D
-0.17%
1M
7.54%
YTD
25.73%
6M
23.40%
1Y
36.99%
3Y*
16.91%
5Y*
6.56%
10Y*
9.87%

Benchmark (S&P 500 Index)

1D
-0.10%
1M
-1.54%
YTD
7.49%
6M
6.15%
1Y
20.78%
3Y*
19.17%
5Y*
11.44%
10Y*
13.70%
*Multi-year figures are annualized to reflect compound growth (CAGR)

WEMMX Monthly Returns History

Based on dividend-adjusted daily data since May 11, 1998, WEMMX's average daily return is +0.04%, while the average monthly return is +0.92%. At this rate, an investment would double in approximately 6.3 years.

Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +17.6%, while the worst month was Mar 2020 at -22.2%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 5 months.

On a daily basis, WEMMX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +8.1%, while the worst single day was Mar 18, 2020 at -11.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20267.34%5.08%-5.33%8.06%4.12%4.66%25.73%
20251.70%-2.48%-5.85%-3.78%7.79%5.79%1.42%6.01%0.69%-3.89%1.68%2.44%11.02%
2024-2.97%2.15%4.83%-6.21%2.46%-2.71%10.53%-2.74%0.69%-2.93%7.95%-5.76%3.83%
20238.18%0.58%-4.74%-3.47%-1.70%7.97%3.85%-2.65%-5.44%-5.80%6.00%12.01%13.53%
2022-7.38%0.04%-0.16%-8.02%0.30%-5.97%7.97%-2.52%-10.72%10.95%4.94%-3.61%-15.37%
20211.61%8.22%3.55%3.84%3.73%-0.75%-1.83%0.10%-3.11%2.35%-2.43%4.92%21.44%

Benchmark Metrics

TETON Westwood Mighty Mites Fund has an annualized alpha of 6.10%, beta of 0.61, and R2 of 0.54 versus S&P 500 Index. Calculated based on daily prices since May 11, 1998.

  • This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (86.25%) than losses (71.23%) - typical of diversified or defensive assets.
  • This fund generated an annualized alpha of 6.10% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • Beta of 0.61 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
6.10%
Beta
0.61
0.54
Upside Capture
86.25%
Downside Capture
71.23%

Expense Ratio

WEMMX has a high expense ratio of 1.41%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

WEMMX ranks 74 for risk / return — better than 74% 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.


WEMMX Risk / Return Rank: 7474
Overall Rank
WEMMX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
WEMMX Sortino Ratio Rank: 7474
Sortino Ratio Rank
WEMMX Omega Ratio Rank: 5858
Omega Ratio Rank
WEMMX Calmar Ratio Rank: 9090
Calmar Ratio Rank
WEMMX Martin Ratio Rank: 7777
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for TETON Westwood Mighty Mites Fund (WEMMX) 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.


WEMMXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.50

Sortino ratioReturn per unit of downside risk

+0.87

Omega ratioGain probability vs. loss probability

1.37

1.30

+0.06

Calmar ratioReturn relative to maximum drawdown

4.19

2.29

+1.89

Martin ratioReturn relative to average drawdown

12.87

10.15

+2.72

Dividends

Dividend History

TETON Westwood Mighty Mites Fund provided a 18.14% dividend yield over the last twelve months, with an annual payout of $3.26 per share.


5.00%10.00%15.00%20.00%25.00%$0.00$1.00$2.00$3.00$4.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$3.26$3.26$4.25$3.62$2.79$4.25$2.41$1.08$0.97$1.81$1.19$0.52

Dividend yield

18.14%22.80%26.79%18.86%13.60%15.44%9.23%4.11%4.16%6.44%4.61%2.35%

Monthly Dividends

The table displays the monthly dividend distributions for TETON Westwood Mighty Mites Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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$3.26$0.00$0.00$3.26
2024$0.00$0.00$0.00$0.00$0.00$0.00$4.25$0.00$0.00$0.00$0.00$0.00$4.25
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.62$0.00$0.00$3.62
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.79$0.00$2.79
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$4.25$0.00$4.25

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 TETON Westwood Mighty Mites 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 TETON Westwood Mighty Mites Fund was 42.48%, occurring on Mar 9, 2009. Recovery took 276 trading sessions.

The current TETON Westwood Mighty Mites Fund drawdown is 0.33%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-42.48%Mar 2009
1y 7mo1y 1mo
2y 8moJul 2007 - Apr 2010
COVID crash2020
-41.73%Mar 2020
1y 6mo8mo 16d
2y 3moSep 2018 - Dec 2020
Bear market2022
-27.11%Sep 2022
10mo 22d1y 10mo
2y 8moNov 2021 - Jul 2024
2011 bear market2011
-22.29%Oct 2011
5mo 4d11mo 17d
1y 4moMay 2011 - Sep 2012
2025 selloff2025
-21.44%Apr 2025
4mo 27d2mo 26d
7mo 23dNov 2024 - Jul 2025

Drawdown Indicators


WEMMXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-42.48%

-56.78%

+14.30%

Max Drawdown (1Y)

Largest decline over 1 year

-9.31%

-9.10%

-0.21%

Max Drawdown (3Y)

Largest decline over 3 years

-21.44%

-18.90%

-2.54%

Max Drawdown (5Y)

Largest decline over 5 years

-27.11%

-25.43%

-1.68%

Max Drawdown (10Y)

Largest decline over 10 years

-41.73%

-33.92%

-7.81%

Current Drawdown

Current decline from peak

-0.33%

-3.31%

+2.98%

Average Drawdown

Average peak-to-trough decline

-6.61%

-10.71%

+4.10%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.02%

2.05%

+0.97%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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