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.
Performance
OBMCX vs. HRSMX - Performance Comparison
Returns By Period
In the year-to-date period, OBMCX achieves a 24.14% return, which is significantly lower than HRSMX's 41.38% return. Over the past 10 years, OBMCX has underperformed HRSMX with an annualized return of 9.49%, while HRSMX has yielded a comparatively higher 10.22% annualized return.
OBMCX
24.14%
3.37%
15.26%
38.34%
16.75%
9.49%
HRSMX
41.38%
3.40%
21.49%
57.27%
15.13%
10.22%
Key characteristics
| OBMCX | HRSMX | |
|---|---|---|
| Sharpe Ratio | 1.73 | 2.65 |
| Sortino Ratio | 2.38 | 3.42 |
| Omega Ratio | 1.29 | 1.42 |
| Calmar Ratio | 1.46 | 1.48 |
| Martin Ratio | 9.64 | 17.60 |
| Ulcer Index | 4.12% | 3.37% |
| Daily Std Dev | 23.01% | 22.35% |
| Max Drawdown | -81.09% | -65.94% |
| Current Drawdown | -4.05% | -4.59% |
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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.
Correlation
The correlation between OBMCX and HRSMX is 0.88, 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.
Risk-Adjusted Performance
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 -81.09%, which is greater than HRSMX's maximum 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
Oberweis Micro Cap Fund (OBMCX) and Hood River Small-Cap Growth Fund (HRSMX) have volatilities of 7.14% and 7.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.