GPMCX vs. WAEMX
Compare and contrast key facts about Grandeur Peak Global Micro Cap Fund (GPMCX) and Wasatch Emerging Markets Small Cap Fund (WAEMX).
GPMCX is managed by Grandeur Peak Funds. It was launched on Oct 19, 2015. WAEMX is managed by Wasatch. It was launched on Sep 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GPMCX or WAEMX.
Key characteristics
| GPMCX | WAEMX | |
|---|---|---|
| YTD Return | 5.29% | 1.32% |
| 1Y Return | 22.29% | 16.73% |
| 3Y Return (Ann) | -12.77% | -12.55% |
| 5Y Return (Ann) | 4.74% | 1.47% |
| Sharpe Ratio | 1.62 | 1.18 |
| Sortino Ratio | 2.26 | 1.64 |
| Omega Ratio | 1.29 | 1.21 |
| Calmar Ratio | 0.45 | 0.38 |
| Martin Ratio | 6.58 | 5.58 |
| Ulcer Index | 3.20% | 2.92% |
| Daily Std Dev | 13.03% | 13.86% |
| Max Drawdown | -51.97% | -66.28% |
| Current Drawdown | -35.03% | -33.87% |
Correlation
The correlation between GPMCX and WAEMX is 0.66, 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. WAEMX - Performance Comparison
In the year-to-date period, GPMCX achieves a 5.29% return, which is significantly higher than WAEMX's 1.32% 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. WAEMX - Expense Ratio Comparison
GPMCX has a 1.85% expense ratio, which is lower than WAEMX's 1.91% expense ratio.
Risk-Adjusted Performance
GPMCX vs. WAEMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grandeur Peak Global Micro Cap Fund (GPMCX) and Wasatch Emerging Markets Small Cap Fund (WAEMX). 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. WAEMX - Dividend Comparison
Neither GPMCX nor WAEMX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WAEMX Wasatch Emerging Markets Small Cap Fund | 0.00% | 0.00% | 0.00% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.15% |
Drawdowns
GPMCX vs. WAEMX - Drawdown Comparison
The maximum GPMCX drawdown since its inception was -51.97%, smaller than the maximum WAEMX drawdown of -66.28%. Use the drawdown chart below to compare losses from any high point for GPMCX and WAEMX. For additional features, visit the drawdowns tool.
Volatility
GPMCX vs. WAEMX - Volatility Comparison
Grandeur Peak Global Micro Cap Fund (GPMCX) and Wasatch Emerging Markets Small Cap Fund (WAEMX) have volatilities of 3.19% and 3.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.