PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
DVSMX vs. OBMCX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


DVSMXOBMCX
YTD Return37.09%26.24%
1Y Return52.13%41.48%
3Y Return (Ann)-6.79%1.37%
5Y Return (Ann)10.18%17.10%
Sharpe Ratio2.622.07
Sortino Ratio3.392.82
Omega Ratio1.421.34
Calmar Ratio1.181.75
Martin Ratio15.1211.82
Ulcer Index3.82%4.07%
Daily Std Dev22.04%23.22%
Max Drawdown-53.84%-81.09%
Current Drawdown-20.60%-2.42%

Correlation

-0.50.00.51.00.9

The correlation between DVSMX and OBMCX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

DVSMX vs. OBMCX - Performance Comparison

In the year-to-date period, DVSMX achieves a 37.09% return, which is significantly higher than OBMCX's 26.24% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
13.49%
17.64%
DVSMX
OBMCX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


DVSMX vs. OBMCX - Expense Ratio Comparison

DVSMX has a 0.99% expense ratio, which is lower than OBMCX's 1.48% expense ratio.


OBMCX
Oberweis Micro Cap Fund
Expense ratio chart for OBMCX: current value at 1.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.48%
Expense ratio chart for DVSMX: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Risk-Adjusted Performance

DVSMX vs. OBMCX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Driehaus Small Cap Growth Fund (DVSMX) and Oberweis Micro Cap Fund (OBMCX). 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.


DVSMX
Sharpe ratio
The chart of Sharpe ratio for DVSMX, currently valued at 2.62, compared to the broader market0.002.004.002.62
Sortino ratio
The chart of Sortino ratio for DVSMX, currently valued at 3.39, compared to the broader market0.005.0010.003.39
Omega ratio
The chart of Omega ratio for DVSMX, currently valued at 1.42, compared to the broader market1.002.003.004.001.42
Calmar ratio
The chart of Calmar ratio for DVSMX, currently valued at 1.18, compared to the broader market0.005.0010.0015.0020.001.18
Martin ratio
The chart of Martin ratio for DVSMX, currently valued at 15.12, compared to the broader market0.0020.0040.0060.0080.00100.0015.12
OBMCX
Sharpe ratio
The chart of Sharpe ratio for OBMCX, currently valued at 2.07, compared to the broader market0.002.004.002.07
Sortino ratio
The chart of Sortino ratio for OBMCX, currently valued at 2.82, compared to the broader market0.005.0010.002.82
Omega ratio
The chart of Omega ratio for OBMCX, currently valued at 1.34, compared to the broader market1.002.003.004.001.34
Calmar ratio
The chart of Calmar ratio for OBMCX, currently valued at 1.75, compared to the broader market0.005.0010.0015.0020.001.75
Martin ratio
The chart of Martin ratio for OBMCX, currently valued at 11.82, compared to the broader market0.0020.0040.0060.0080.00100.0011.82

DVSMX vs. OBMCX - Sharpe Ratio Comparison

The current DVSMX Sharpe Ratio is 2.62, which is comparable to the OBMCX Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of DVSMX and OBMCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.62
2.07
DVSMX
OBMCX

Dividends

DVSMX vs. OBMCX - Dividend Comparison

DVSMX's dividend yield for the trailing twelve months is around 0.28%, while OBMCX has not paid dividends to shareholders.


TTM2023
DVSMX
Driehaus Small Cap Growth Fund
0.28%0.38%
OBMCX
Oberweis Micro Cap Fund
0.00%0.00%

Drawdowns

DVSMX vs. OBMCX - Drawdown Comparison

The maximum DVSMX drawdown since its inception was -53.84%, smaller than the maximum OBMCX drawdown of -81.09%. Use the drawdown chart below to compare losses from any high point for DVSMX and OBMCX. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-20.60%
-2.42%
DVSMX
OBMCX

Volatility

DVSMX vs. OBMCX - Volatility Comparison

Driehaus Small Cap Growth Fund (DVSMX) has a higher volatility of 6.95% compared to Oberweis Micro Cap Fund (OBMCX) at 6.45%. This indicates that DVSMX's price experiences larger fluctuations and is considered to be riskier than OBMCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.95%
6.45%
DVSMX
OBMCX