OBMCX vs. OWL

Last updated Jun 4, 2026

OBMCX (Oberweis Micro Cap Fund) is Small Cap Growth Equities fund managed by Oberweis, while OWL (Blue Owl Capital Inc.) is a stock. Over the past 5 years, OBMCX returned 19.97%/yr vs -2.82%/yr for OWL. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

OBMCX vs. OWL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oberweis Micro Cap Fund (OBMCX) and Blue Owl Capital Inc. (OWL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OBMCX achieves a 45.67% return, which is significantly higher than OWL's -32.30% return.

OBMCX

• 1D: 2.91%
• 1M: 3.70%
• YTD: 45.67%
• 6M: 45.60%
• 1Y: 77.10%
• 3Y*: 29.76%
• 5Y*: 19.97%
• 10Y*: 21.63%

OWL

• 1D: -3.77%
• 1M: -1.99%
• YTD: -32.30%
• 6M: -35.41%
• 1Y: -44.58%
• 3Y*: 2.69%
• 5Y*: -2.82%
• 10Y*: —

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

OBMCX vs. OWL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
OBMCX Oberweis Micro Cap Fund	45.67%	14.70%	22.82%	18.87%	-10.57%	53.20%	6.28%
OWL Blue Owl Capital Inc.	-32.30%	-32.83%	61.76%	47.40%	-26.29%	32.18%	11.57%

Correlation

The correlation between OBMCX and OWL is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Dec 15, 2020	0.52

The correlation between OBMCX and OWL shifts across timeframes, from 0.38 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

OBMCX vs. OWL — Risk / Return Rank

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

OBMCX

OBMCX Risk / Return Rank: 90
OBMCX Sharpe Ratio Rank: 94
OBMCX Sortino Ratio Rank: 83
OBMCX Omega Ratio Rank: 78
OBMCX Calmar Ratio Rank: 96
OBMCX Martin Ratio Rank: 97

OWL

OWL Risk / Return Rank: 7
OWL Sharpe Ratio Rank: 4
OWL Sortino Ratio Rank: 5
OWL Omega Ratio Rank: 7
OWL Calmar Ratio Rank: 12
OWL Martin Ratio Rank: 8

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.

OBMCX vs. OWL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oberweis Micro Cap Fund (OBMCX) and Blue Owl Capital Inc. (OWL). 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.

	OBMCX	OWL	Difference
Sharpe ratio: Return per unit of total volatility	3.24	-1.03	+4.27
Sortino ratio: Return per unit of downside risk	3.90	-1.57	+5.48
Omega ratio: Gain probability vs. loss probability	1.51	0.82	+0.69
Calmar ratio: Return relative to maximum drawdown	6.47	-0.76	+7.23
Martin ratio: Return relative to average drawdown	25.98	-1.38	+27.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OBMCX vs. OWL - Sharpe Ratio Comparison

The current OBMCX Sharpe Ratio is 3.24, which is higher than the OWL Sharpe Ratio of -1.03. The chart below compares the historical Sharpe Ratios of OBMCX and OWL, 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

	OBMCX	OWL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.24	-1.03	+4.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	-0.07	+0.83
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.07	+0.38

Drawdowns

OBMCX vs. OWL - Drawdown Comparison

The maximum OBMCX drawdown since its inception was -68.24%, roughly equal to the maximum OWL drawdown of -67.10%. Use the drawdown chart below to compare losses from any high point for OBMCX and OWL.

Drawdown Indicators

	OBMCX	OWL	Difference
Max Drawdown Largest peak-to-trough decline	-68.24%	-67.10%	-1.14%
Max Drawdown (1Y) Largest decline over 1 year	-12.45%	-58.59%	+46.14%
Max Drawdown (3Y) Largest decline over 3 years	-28.11%	-67.10%	+38.99%
Max Drawdown (5Y) Largest decline over 5 years	-28.11%	-67.10%	+38.99%
Max Drawdown (10Y) Largest decline over 10 years	-50.04%	—	—
Current Drawdown Current decline from peak	0.00%	-60.35%	+60.35%
Average Drawdown Average peak-to-trough decline	-16.42%	-23.95%	+7.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.09%	32.34%	-29.25%

Volatility

OBMCX vs. OWL - Volatility Comparison

The current volatility for Oberweis Micro Cap Fund (OBMCX) is 8.26%, while Blue Owl Capital Inc. (OWL) has a volatility of 13.25%. This indicates that OBMCX experiences smaller price fluctuations and is considered to be less risky than OWL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OBMCX	OWL	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.26%	13.25%	-4.99%
Volatility (6M) Calculated over the trailing 6-month period	18.66%	34.47%	-15.81%
Volatility (1Y) Calculated over the trailing 1-year period	24.89%	43.25%	-18.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.20%	43.40%	-17.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.88%	42.69%	-16.81%

Dividends

OBMCX vs. OWL - Dividend Comparison

OBMCX's dividend yield for the trailing twelve months is around 0.97%, less than OWL's 9.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OBMCX Oberweis Micro Cap Fund	0.97%	1.41%	2.53%	0.00%	1.37%	24.35%	0.00%	0.00%	19.67%	11.76%	0.05%	3.07%
OWL Blue Owl Capital Inc.	9.34%	5.72%	2.92%	3.69%	4.06%	0.87%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OBMCX and OWL in my portfolio?

OBMCX and OWL have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OBMCX or OWL?

OWL has higher volatility (13.25%) compared to OBMCX (8.26%). In terms of maximum drawdown, OBMCX dropped -68.24% vs OWL's -67.10%.

Which has better risk-adjusted returns?

OBMCX currently has the higher Sharpe Ratio (3.24 vs -1.03), 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.