OBEGX vs. OBCHX

Last updated Jun 3, 2026

OBEGX (Oberweis Global Opportunities Fund) and OBCHX (Oberweis China Opportunities Fund) are both mutual funds - OBEGX is a Global Equities fund managed by Oberweis, while OBCHX is a China Equities fund managed by Oberweis. Over the past 10 years, OBEGX returned 11.84%/yr vs 10.47%/yr for OBCHX. A 0.62 correlation means they provide meaningful diversification when combined. OBEGX charges 1.51%/yr vs 2.03%/yr for OBCHX.

Performance

OBEGX vs. OBCHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oberweis Global Opportunities Fund (OBEGX) and Oberweis China Opportunities Fund (OBCHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OBEGX achieves a 26.78% return, which is significantly lower than OBCHX's 30.18% return. Over the past 10 years, OBEGX has outperformed OBCHX with an annualized return of 11.84%, while OBCHX has yielded a comparatively lower 10.47% annualized return.

OBEGX

• 1D: 0.76%
• 1M: 4.95%
• YTD: 26.78%
• 6M: 26.20%
• 1Y: 47.83%
• 3Y*: 19.44%
• 5Y*: 6.30%
• 10Y*: 11.84%

OBCHX

• 1D: -1.34%
• 1M: 4.95%
• YTD: 30.18%
• 6M: 31.49%
• 1Y: 61.59%
• 3Y*: 26.34%
• 5Y*: 1.46%
• 10Y*: 10.47%

*Multi-year figures are annualized to reflect compound growth (CAGR)

OBEGX vs. OBCHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OBEGX Oberweis Global Opportunities Fund	26.78%	19.32%	10.72%	6.40%	-26.76%	20.80%	55.68%	25.67%	-25.62%	33.35%
OBCHX Oberweis China Opportunities Fund	30.18%	40.89%	7.28%	-7.70%	-37.21%	-5.16%	57.06%	36.32%	-25.94%	54.99%

Correlation

The correlation between OBEGX and OBCHX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Oct 5, 2005	0.62

Over the past year, the correlation between OBEGX and OBCHX has dropped to 0.41 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.

Return for Risk

OBEGX vs. OBCHX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OBEGX

OBEGX Risk / Return Rank: 71
OBEGX Sharpe Ratio Rank: 71
OBEGX Sortino Ratio Rank: 59
OBEGX Omega Ratio Rank: 56
OBEGX Calmar Ratio Rank: 88
OBEGX Martin Ratio Rank: 83

OBCHX

OBCHX Risk / Return Rank: 82
OBCHX Sharpe Ratio Rank: 87
OBCHX Sortino Ratio Rank: 72
OBCHX Omega Ratio Rank: 71
OBCHX Calmar Ratio Rank: 96
OBCHX Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OBEGX vs. OBCHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oberweis Global Opportunities Fund (OBEGX) and Oberweis China Opportunities Fund (OBCHX). 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.

	OBEGX	OBCHX	Difference
Sharpe ratio Return per unit of total volatility	2.45	2.85	-0.40
Sortino ratio Return per unit of downside risk	3.24	3.54	-0.30
Omega ratio Gain probability vs. loss probability	1.41	1.48	-0.06
Calmar ratio Return relative to maximum drawdown	4.34	6.36	-2.01
Martin ratio Return relative to average drawdown	15.75	16.09	-0.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OBEGX vs. OBCHX - Sharpe Ratio Comparison

The current OBEGX Sharpe Ratio is 2.45, which is comparable to the OBCHX Sharpe Ratio of 2.85. The chart below compares the historical Sharpe Ratios of OBEGX and OBCHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	OBEGX	OBCHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.45	2.85	-0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.05	+0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.42	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.42	-0.18

Drawdowns

OBEGX vs. OBCHX - Drawdown Comparison

The maximum OBEGX drawdown since its inception was -83.07%, which is greater than OBCHX's maximum drawdown of -74.03%. Use the drawdown chart below to compare losses from any high point for OBEGX and OBCHX.

Drawdown Indicators

	OBEGX	OBCHX	Difference
Max Drawdown Largest peak-to-trough decline	-83.07%	-74.03%	-9.04%
Max Drawdown (1Y) Largest decline over 1 year	-11.24%	-9.59%	-1.65%
Max Drawdown (3Y) Largest decline over 3 years	-25.41%	-23.88%	-1.53%
Max Drawdown (5Y) Largest decline over 5 years	-39.68%	-52.17%	+12.49%
Max Drawdown (10Y) Largest decline over 10 years	-41.54%	-59.47%	+17.93%
Current Drawdown Current decline from peak	-1.02%	-13.23%	+12.21%
Average Drawdown Average peak-to-trough decline	-33.72%	-25.71%	-8.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.10%	3.79%	-0.69%

Volatility

OBEGX vs. OBCHX - Volatility Comparison

The current volatility for Oberweis Global Opportunities Fund (OBEGX) is 6.89%, while Oberweis China Opportunities Fund (OBCHX) has a volatility of 7.38%. This indicates that OBEGX experiences smaller price fluctuations and is considered to be less risky than OBCHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OBEGX	OBCHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.89%	7.38%	-0.49%
Volatility (6M) Calculated over the trailing 6-month period	15.97%	15.73%	+0.24%
Volatility (1Y) Calculated over the trailing 1-year period	20.46%	22.13%	-1.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.19%	26.77%	-3.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.63%	25.11%	-2.48%

OBEGX vs. OBCHX - Expense Ratio Comparison

OBEGX has a 1.51% expense ratio, which is lower than OBCHX's 2.03% expense ratio.

Dividends

OBEGX vs. OBCHX - Dividend Comparison

OBEGX's dividend yield for the trailing twelve months is around 9.98%, more than OBCHX's 0.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OBCHX Oberweis China Opportunities Fund	0.78%	1.01%	2.16%	0.46%	1.22%	41.65%	11.50%	3.37%	26.11%	6.26%	0.81%	11.05%
OBEGX Oberweis Global Opportunities Fund	9.98%	12.66%	0.00%	0.00%	2.64%	25.09%	5.80%	0.00%	6.68%	13.37%	1.12%	14.32%

Frequently Asked Questions

Can I hold both OBEGX and OBCHX in my portfolio?

OBEGX and OBCHX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OBEGX or OBCHX?

OBCHX has higher volatility (7.38%) compared to OBEGX (6.89%). In terms of maximum drawdown, OBEGX dropped -83.07% vs OBCHX's -74.03%.

Which has better risk-adjusted returns?

OBCHX currently has the higher Sharpe Ratio (2.85 vs 2.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.