OBMCX vs. HRSMX
Compare and contrast key facts about Oberweis Micro Cap Fund (OBMCX) and Hood River Small-Cap Growth Fund (HRSMX).
OBMCX is managed by Oberweis. It was launched on Dec 29, 1995. HRSMX is managed by Hood River Capital Management. It was launched on Jan 2, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OBMCX or HRSMX.
Correlation
The correlation between OBMCX and HRSMX is 0.76, 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
OBMCX vs. HRSMX - Performance Comparison
Key characteristics
OBMCX:
0.27
HRSMX:
-0.01
OBMCX:
0.54
HRSMX:
0.15
OBMCX:
1.07
HRSMX:
1.02
OBMCX:
0.24
HRSMX:
-0.03
OBMCX:
0.71
HRSMX:
-0.07
OBMCX:
9.63%
HRSMX:
13.03%
OBMCX:
27.77%
HRSMX:
29.15%
OBMCX:
-67.42%
HRSMX:
-65.94%
OBMCX:
-16.80%
HRSMX:
-24.01%
Returns By Period
In the year-to-date period, OBMCX achieves a -10.23% return, which is significantly higher than HRSMX's -13.33% return. Over the past 10 years, OBMCX has outperformed HRSMX with an annualized return of 15.30%, while HRSMX has yielded a comparatively lower 6.82% annualized return.
OBMCX
-10.23%
15.73%
-12.11%
7.32%
24.07%
15.30%
HRSMX
-13.33%
17.43%
-20.89%
-0.39%
10.56%
6.82%
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OBMCX vs. HRSMX - Expense Ratio Comparison
OBMCX has a 1.48% expense ratio, which is higher than HRSMX's 1.09% expense ratio.
Risk-Adjusted Performance
OBMCX vs. HRSMX — Risk-Adjusted Performance Rank
OBMCX
HRSMX
OBMCX vs. HRSMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oberweis Micro Cap Fund (OBMCX) and Hood River Small-Cap Growth Fund (HRSMX). 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
OBMCX vs. HRSMX - Dividend Comparison
Neither OBMCX nor HRSMX has paid dividends to shareholders.
Drawdowns
OBMCX vs. HRSMX - Drawdown Comparison
The maximum OBMCX drawdown since its inception was -67.42%, roughly equal to the maximum HRSMX drawdown of -65.94%. Use the drawdown chart below to compare losses from any high point for OBMCX and HRSMX. For additional features, visit the drawdowns tool.
Volatility
OBMCX vs. HRSMX - Volatility Comparison
The current volatility for Oberweis Micro Cap Fund (OBMCX) is 11.97%, while Hood River Small-Cap Growth Fund (HRSMX) has a volatility of 12.78%. This indicates that OBMCX experiences smaller price fluctuations and is considered to be less risky than HRSMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.