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.
Performance
GPMCX vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, GPMCX achieves a 5.07% return, which is significantly lower than ^GSPC's 25.15% return.
GPMCX
5.07%
0.83%
5.07%
15.16%
4.53%
N/A
^GSPC
25.15%
2.74%
12.53%
30.93%
13.79%
11.18%
Key characteristics
| GPMCX | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 1.21 | 2.53 |
| Sortino Ratio | 1.69 | 3.39 |
| Omega Ratio | 1.22 | 1.47 |
| Calmar Ratio | 0.35 | 3.65 |
| Martin Ratio | 4.55 | 16.21 |
| Ulcer Index | 3.33% | 1.91% |
| Daily Std Dev | 12.56% | 12.23% |
| Max Drawdown | -51.97% | -56.78% |
| Current Drawdown | -35.17% | -0.53% |
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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.
Risk-Adjusted Performance
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
The current volatility for Grandeur Peak Global Micro Cap Fund (GPMCX) is 2.70%, while S&P 500 (^GSPC) has a volatility of 3.97%. This indicates that GPMCX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.