GPMCX vs. EEM
Compare and contrast key facts about Grandeur Peak Global Micro Cap Fund (GPMCX) and iShares MSCI Emerging Markets ETF (EEM).
GPMCX is managed by Grandeur Peak Funds. It was launched on Oct 19, 2015. EEM is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Index. It was launched on Apr 11, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GPMCX or EEM.
Key characteristics
| GPMCX | EEM | |
|---|---|---|
| YTD Return | 5.29% | 8.85% |
| 1Y Return | 22.29% | 16.32% |
| 3Y Return (Ann) | -12.77% | -3.53% |
| 5Y Return (Ann) | 4.74% | 2.62% |
| Sharpe Ratio | 1.62 | 1.03 |
| Sortino Ratio | 2.26 | 1.54 |
| Omega Ratio | 1.29 | 1.19 |
| Calmar Ratio | 0.45 | 0.54 |
| Martin Ratio | 6.58 | 5.32 |
| Ulcer Index | 3.20% | 3.06% |
| Daily Std Dev | 13.03% | 15.77% |
| Max Drawdown | -51.97% | -66.44% |
| Current Drawdown | -35.03% | -19.07% |
Correlation
The correlation between GPMCX and EEM is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GPMCX vs. EEM - Performance Comparison
In the year-to-date period, GPMCX achieves a 5.29% return, which is significantly lower than EEM's 8.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GPMCX vs. EEM - Expense Ratio Comparison
GPMCX has a 1.85% expense ratio, which is higher than EEM's 0.68% expense ratio.
Risk-Adjusted Performance
GPMCX vs. EEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grandeur Peak Global Micro Cap Fund (GPMCX) and iShares MSCI Emerging Markets ETF (EEM). 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.
Dividends
GPMCX vs. EEM - Dividend Comparison
GPMCX has not paid dividends to shareholders, while EEM's dividend yield for the trailing twelve months is around 2.39%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GPMCX Grandeur Peak Global Micro Cap Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.99% | 1.10% | 0.00% | 0.46% | 0.22% | 0.00% | 0.00% | 0.00% |
EEM iShares MSCI Emerging Markets ETF | 2.39% | 2.63% | 2.50% | 1.99% | 1.45% | 2.76% | 2.24% | 1.89% | 1.89% | 2.49% | 2.23% | 2.06% |
Drawdowns
GPMCX vs. EEM - Drawdown Comparison
The maximum GPMCX drawdown since its inception was -51.97%, smaller than the maximum EEM drawdown of -66.44%. Use the drawdown chart below to compare losses from any high point for GPMCX and EEM. For additional features, visit the drawdowns tool.
Volatility
GPMCX vs. EEM - Volatility Comparison
The current volatility for Grandeur Peak Global Micro Cap Fund (GPMCX) is 3.19%, while iShares MSCI Emerging Markets ETF (EEM) has a volatility of 5.23%. This indicates that GPMCX experiences smaller price fluctuations and is considered to be less risky than EEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.