HRSMX vs. OBSOX
Compare and contrast key facts about Hood River Small-Cap Growth Fund (HRSMX) and Oberweis Small-Cap Opportunities Fund (OBSOX).
HRSMX is managed by Hood River Capital Management. It was launched on Jan 2, 2003. OBSOX is managed by Oberweis. It was launched on Sep 16, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HRSMX or OBSOX.
Key characteristics
| HRSMX | OBSOX | |
|---|---|---|
| YTD Return | 26.33% | 16.59% |
| 1Y Return | 39.06% | 20.29% |
| 3Y Return (Ann) | 4.25% | 10.58% |
| 5Y Return (Ann) | 18.21% | 19.76% |
| 10Y Return (Ann) | 14.01% | 14.14% |
| Sharpe Ratio | 1.76 | 1.11 |
| Daily Std Dev | 23.19% | 19.48% |
| Max Drawdown | -64.92% | -80.48% |
| Current Drawdown | -1.51% | -3.95% |
Correlation
The correlation between HRSMX and OBSOX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HRSMX vs. OBSOX - Performance Comparison
In the year-to-date period, HRSMX achieves a 26.33% return, which is significantly higher than OBSOX's 16.59% return. Both investments have delivered pretty close results over the past 10 years, with HRSMX having a 14.01% annualized return and OBSOX not far ahead at 14.14%. 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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HRSMX vs. OBSOX - Expense Ratio Comparison
HRSMX has a 1.09% expense ratio, which is lower than OBSOX's 1.25% expense ratio.
Risk-Adjusted Performance
HRSMX vs. OBSOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hood River Small-Cap Growth Fund (HRSMX) and Oberweis Small-Cap Opportunities Fund (OBSOX). 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
HRSMX vs. OBSOX - Dividend Comparison
Neither HRSMX nor OBSOX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HRSMX Hood River Small-Cap Growth Fund | 0.00% | 0.00% | 0.00% | 19.96% | 6.28% | 0.00% | 4.59% | 6.74% | 0.00% | 5.73% | 0.00% | 0.00% |
OBSOX Oberweis Small-Cap Opportunities Fund | 0.00% | 0.00% | 1.74% | 21.88% | 4.05% | 3.04% | 28.22% | 6.36% | 4.24% | 11.91% | 12.74% | 5.48% |
Drawdowns
HRSMX vs. OBSOX - Drawdown Comparison
The maximum HRSMX drawdown since its inception was -64.92%, smaller than the maximum OBSOX drawdown of -80.48%. Use the drawdown chart below to compare losses from any high point for HRSMX and OBSOX. For additional features, visit the drawdowns tool.
Volatility
HRSMX vs. OBSOX - Volatility Comparison
Hood River Small-Cap Growth Fund (HRSMX) has a higher volatility of 7.76% compared to Oberweis Small-Cap Opportunities Fund (OBSOX) at 7.08%. This indicates that HRSMX's price experiences larger fluctuations and is considered to be riskier than OBSOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.