GPMCX vs. ^GSPC
Compare and contrast key facts about Grandeur Peak Global Micro Cap Fund (GPMCX) and S&P 500 (^GSPC).
GPMCX is managed by Grandeur Peak Funds. It was launched on Oct 19, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GPMCX or ^GSPC.
Correlation
The correlation between GPMCX and ^GSPC is 0.60, 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. ^GSPC - Performance Comparison
Key characteristics
GPMCX:
0.27
^GSPC:
1.34
GPMCX:
0.44
^GSPC:
1.84
GPMCX:
1.06
^GSPC:
1.25
GPMCX:
0.08
^GSPC:
2.01
GPMCX:
0.74
^GSPC:
8.13
GPMCX:
4.42%
^GSPC:
2.10%
GPMCX:
12.25%
^GSPC:
12.74%
GPMCX:
-51.97%
^GSPC:
-56.78%
GPMCX:
-35.85%
^GSPC:
-3.07%
Returns By Period
In the year-to-date period, GPMCX achieves a 0.71% return, which is significantly lower than ^GSPC's 1.25% return.
GPMCX
0.71%
1.49%
-4.36%
2.47%
4.59%
N/A
^GSPC
1.25%
-2.39%
5.86%
17.47%
14.92%
10.99%
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Risk-Adjusted Performance
GPMCX vs. ^GSPC — Risk-Adjusted Performance Rank
GPMCX
^GSPC
GPMCX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grandeur Peak Global Micro Cap Fund (GPMCX) and S&P 500 (^GSPC). 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.
Drawdowns
GPMCX vs. ^GSPC - Drawdown Comparison
The maximum GPMCX drawdown since its inception was -51.97%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for GPMCX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
GPMCX vs. ^GSPC - Volatility Comparison
Grandeur Peak Global Micro Cap Fund (GPMCX) and S&P 500 (^GSPC) have volatilities of 3.25% and 3.41%, 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.