ATGAX vs. WHGMX

Last updated Jun 24, 2026

ATGAX (Aquila Opportunity Growth Fund) and WHGMX (Westwood Quality SMidCap Fund) are both Mid Cap Blend Equities funds. A 0.70 correlation means they provide meaningful diversification when combined. ATGAX charges 1.50%/yr vs 0.88%/yr for WHGMX.

Performance

ATGAX vs. WHGMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aquila Opportunity Growth Fund (ATGAX) and Westwood Quality SMidCap Fund (WHGMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ATGAX

• 1D: 1.02%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WHGMX

• 1D: 0.47%
• 1M: 3.45%
• YTD: 17.38%
• 6M: 15.35%
• 1Y: 26.83%
• 3Y*: 17.36%
• 5Y*: 9.12%
• 10Y*: 10.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ATGAX vs. WHGMX - Yearly Performance Comparison

	2026 (YTD)
ATGAX Aquila Opportunity Growth Fund	3.43%
WHGMX Westwood Quality SMidCap Fund	3.12%

Correlation

The correlation between ATGAX and WHGMX is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.70

Return for Risk

ATGAX vs. WHGMX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ATGAX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

WHGMX

WHGMX Risk / Return Rank: 48
WHGMX Sharpe Ratio Rank: 43
WHGMX Sortino Ratio Rank: 46
WHGMX Omega Ratio Rank: 38
WHGMX Calmar Ratio Rank: 63
WHGMX Martin Ratio Rank: 50

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.

ATGAX vs. WHGMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aquila Opportunity Growth Fund (ATGAX) and Westwood Quality SMidCap Fund (WHGMX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	ATGAX	WHGMX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.77	—
Sortino ratio: Return per unit of downside risk	—	2.63	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	2.90	—
Martin ratio: Return relative to average drawdown	—	9.70	—

Drawdowns

ATGAX vs. WHGMX - Drawdown Comparison

The maximum ATGAX drawdown since its inception was -3.70%, smaller than the maximum WHGMX drawdown of -47.99%. Use the drawdown chart below to compare losses from any high point for ATGAX and WHGMX.

Drawdown Indicators

	ATGAX	WHGMX	Difference
Max Drawdown Largest peak-to-trough decline	-3.70%	-47.99%	+44.29%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.68%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.78%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.78%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.26%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.93%	-7.18%	+6.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.89%	—

Volatility

Volatility by Period

	ATGAX	WHGMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.20%	15.91%	+3.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.20%	18.86%	+0.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.20%	20.33%	-1.13%

ATGAX vs. WHGMX - Expense Ratio Comparison

ATGAX has a 1.50% expense ratio, which is higher than WHGMX's 0.88% expense ratio.

Dividends

ATGAX vs. WHGMX - Dividend Comparison

ATGAX has not paid dividends to shareholders, while WHGMX's dividend yield for the trailing twelve months is around 4.43%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ATGAX Aquila Opportunity Growth Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WHGMX Westwood Quality SMidCap Fund	4.43%	5.19%	1.21%	2.92%	1.52%	16.39%	2.83%	11.93%	19.09%	12.12%	1.40%	7.40%

Frequently Asked Questions

Can I hold both ATGAX and WHGMX in my portfolio?

ATGAX and WHGMX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.