OBIIX vs. HRIIX

Last updated Apr 1, 2026

Compare and contrast key facts about Oberweis International Opportunities Institutional Fund (OBIIX) and Hood River International Opportunity Fund Investor Class (HRIIX).

OBIIX is managed by Oberweis. It was launched on Mar 9, 2014. HRIIX is an actively managed fund by Hood River. It was launched on Aug 11, 2023.

Performance

OBIIX vs. HRIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oberweis International Opportunities Institutional Fund (OBIIX) and Hood River International Opportunity Fund Investor Class (HRIIX). The values are adjusted to include any dividend payments, if applicable.

OBIIX vs. HRIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
OBIIX Oberweis International Opportunities Institutional Fund	-5.91%	31.07%	4.35%	17.78%
HRIIX Hood River International Opportunity Fund Investor Class	6.14%	42.94%	19.95%	20.39%

Returns By Period

In the year-to-date period, OBIIX achieves a -5.91% return, which is significantly lower than HRIIX's 6.14% return.

OBIIX

• 1D: -1.01%
• 1M: -15.67%
• YTD: -5.91%
• 6M: -6.51%
• 1Y: 18.25%
• 3Y*: 8.98%
• 5Y*: -2.66%
• 10Y*: 6.20%

HRIIX

• 1D: -2.33%
• 1M: -13.38%
• YTD: 6.14%
• 6M: 13.09%
• 1Y: 70.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OBIIX vs. HRIIX - Expense Ratio Comparison

OBIIX has a 1.10% expense ratio, which is lower than HRIIX's 1.51% expense ratio.

HRIIX

Hood River International Opportunity Fund Investor Class

OBIIX

Oberweis International Opportunities Institutional Fund

Return for Risk

OBIIX vs. HRIIX — Risk / Return Rank

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

OBIIX

OBIIX Risk / Return Rank: 39
OBIIX Sharpe Ratio Rank: 46
OBIIX Sortino Ratio Rank: 39
OBIIX Omega Ratio Rank: 41
OBIIX Calmar Ratio Rank: 35
OBIIX Martin Ratio Rank: 34

HRIIX

HRIIX Risk / Return Rank: 97
HRIIX Sharpe Ratio Rank: 98
HRIIX Sortino Ratio Rank: 96
HRIIX Omega Ratio Rank: 94
HRIIX Calmar Ratio Rank: 98
HRIIX Martin Ratio Rank: 98

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.

OBIIX vs. HRIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oberweis International Opportunities Institutional Fund (OBIIX) and Hood River International Opportunity Fund Investor Class (HRIIX). 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.

	OBIIX	HRIIX	Difference
Sharpe ratio Return per unit of total volatility	0.91	2.87	-1.95
Sortino ratio Return per unit of downside risk	1.25	3.49	-2.24
Omega ratio Gain probability vs. loss probability	1.18	1.49	-0.31
Calmar ratio Return relative to maximum drawdown	0.96	4.78	-3.83
Martin ratio Return relative to average drawdown	3.67	19.50	-15.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OBIIX vs. HRIIX - Sharpe Ratio Comparison

The current OBIIX Sharpe Ratio is 0.91, which is lower than the HRIIX Sharpe Ratio of 2.87. The chart below compares the historical Sharpe Ratios of OBIIX and HRIIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OBIIX	HRIIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	2.87	-1.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.14	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	1.80	-1.52

Correlation

The correlation between OBIIX and HRIIX 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.

Dividends

OBIIX vs. HRIIX - Dividend Comparison

OBIIX's dividend yield for the trailing twelve months is around 1.17%, less than HRIIX's 5.43% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OBIIX Oberweis International Opportunities Institutional Fund	1.17%	1.10%	0.00%	1.93%	0.00%	31.91%	0.51%	1.31%	13.63%	7.30%	0.40%	0.55%
HRIIX Hood River International Opportunity Fund Investor Class	5.43%	5.76%	0.03%	1.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

OBIIX vs. HRIIX - Drawdown Comparison

The maximum OBIIX drawdown since its inception was -51.22%, which is greater than HRIIX's maximum drawdown of -24.78%. Use the drawdown chart below to compare losses from any high point for OBIIX and HRIIX.

Drawdown Indicators

	OBIIX	HRIIX	Difference
Max Drawdown Largest peak-to-trough decline	-51.22%	-24.78%	-26.44%
Max Drawdown (1Y) Largest decline over 1 year	-15.67%	-13.78%	-1.89%
Max Drawdown (5Y) Largest decline over 5 years	-51.22%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-51.22%	—	—
Current Drawdown Current decline from peak	-25.15%	-13.78%	-11.37%
Average Drawdown Average peak-to-trough decline	-17.27%	-3.59%	-13.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.09%	3.38%	+0.71%

Volatility

OBIIX vs. HRIIX - Volatility Comparison

The current volatility for Oberweis International Opportunities Institutional Fund (OBIIX) is 7.02%, while Hood River International Opportunity Fund Investor Class (HRIIX) has a volatility of 9.80%. This indicates that OBIIX experiences smaller price fluctuations and is considered to be less risky than HRIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OBIIX	HRIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.02%	9.80%	-2.78%
Volatility (6M) Calculated over the trailing 6-month period	11.90%	17.84%	-5.94%
Volatility (1Y) Calculated over the trailing 1-year period	18.04%	24.39%	-6.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.56%	21.43%	-1.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.51%	21.43%	-1.92%