GABSX vs. PRCGX

Last updated Jun 5, 2026

GABSX (Gabelli Small Cap Growth Fund) and PRCGX (Perritt MicroCap Opportunities Fund) are both Small Cap Blend Equities funds. Their correlation of 0.81 suggests significant overlap in exposure. GABSX charges 1.38%/yr vs 1.56%/yr for PRCGX.

Performance

GABSX vs. PRCGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Small Cap Growth Fund (GABSX) and Perritt MicroCap Opportunities Fund (PRCGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GABSX

• 1D: -0.32%
• 1M: -0.04%
• YTD: 9.81%
• 6M: 9.61%
• 1Y: 23.30%
• 3Y*: 14.15%
• 5Y*: 7.90%
• 10Y*: 10.43%

PRCGX

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

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

GABSX vs. PRCGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GABSX Gabelli Small Cap Growth Fund	9.81%	8.65%	10.22%	21.45%	-12.63%	24.82%	13.63%	21.56%	-15.25%	19.05%
PRCGX Perritt MicroCap Opportunities Fund	13.20%	8.36%	10.29%	12.07%	-16.05%	31.15%	8.88%	9.37%	-17.61%	6.60%

Correlation

The correlation between GABSX and PRCGX is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Oct 23, 1991	0.81

The correlation between GABSX and PRCGX shifts across timeframes, from 0.62 (1 year) to 0.84 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

GABSX vs. PRCGX — Risk / Return Rank

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

GABSX

GABSX Risk / Return Rank: 27
GABSX Sharpe Ratio Rank: 24
GABSX Sortino Ratio Rank: 27
GABSX Omega Ratio Rank: 23
GABSX Calmar Ratio Rank: 30
GABSX Martin Ratio Rank: 29

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.

GABSX vs. PRCGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Small Cap Growth Fund (GABSX) and Perritt MicroCap Opportunities Fund (PRCGX). 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.

	GABSX	PRCGX	Difference
Sharpe ratio: Return per unit of total volatility	1.40	—	—
Sortino ratio: Return per unit of downside risk	2.16	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	2.01	—	—
Martin ratio: Return relative to average drawdown	6.74	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GABSX	PRCGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	—	—

Drawdowns

Drawdown Indicators

	GABSX	PRCGX	Difference
Max Drawdown Largest peak-to-trough decline	-57.24%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.45%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.43%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.19%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.74%	—	—
Current Drawdown Current decline from peak	-1.68%	—	—
Average Drawdown Average peak-to-trough decline	-6.98%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.42%	—	—

Volatility

Volatility by Period

	GABSX	PRCGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.03%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.50%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.07%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.99%	—	—

GABSX vs. PRCGX - Expense Ratio Comparison

GABSX has a 1.38% expense ratio, which is lower than PRCGX's 1.56% expense ratio.

Dividends

GABSX vs. PRCGX - Dividend Comparison

GABSX's dividend yield for the trailing twelve months is around 3.63%, less than PRCGX's 12.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GABSX Gabelli Small Cap Growth Fund	3.63%	3.98%	6.61%	8.68%	9.53%	13.50%	22.21%	21.36%	4.70%	5.38%	3.87%	3.78%
PRCGX Perritt MicroCap Opportunities Fund	12.01%	8.78%	8.28%	7.34%	3.26%	15.00%	0.00%	3.50%	14.70%	28.27%	9.03%	1.67%

Frequently Asked Questions

Can I hold both GABSX and PRCGX in my portfolio?

GABSX and PRCGX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.