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OBMCX vs. QASGX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

OBMCX vs. QASGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oberweis Micro Cap Fund (OBMCX) and Federated Hermes MDT Small Cap Growth Fund Class A (QASGX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, OBMCX achieves a 35.57% return, which is significantly higher than QASGX's 18.79% return. Over the past 10 years, OBMCX has outperformed QASGX with an annualized return of 20.12%, while QASGX has yielded a comparatively lower 12.51% annualized return.


OBMCX

1D
5.04%
1M
-6.99%
6M
28.25%
YTD
35.57%
1Y
52.75%
3Y*
22.46%
5Y*
18.01%
10Y*
20.12%
ALL TIME*
11.14%

QASGX

1D
2.11%
1M
-2.68%
6M
13.06%
YTD
18.79%
1Y
34.94%
3Y*
17.55%
5Y*
8.14%
10Y*
12.51%
ALL TIME*
9.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$0.00$0.00$0.00
$0.00$0.00$0.00

OBMCX vs. QASGX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
OBMCX
Oberweis Micro Cap Fund
35.57%14.70%22.82%18.87%-10.57%53.20%29.91%21.94%-12.04%27.90%
QASGX
Federated Hermes MDT Small Cap Growth Fund Class A
18.79%17.47%15.32%19.33%-28.47%17.88%29.55%20.87%-6.58%24.88%

Correlation

The correlation between OBMCX and QASGX is 0.42, which is low. Their historical price movements had little consistent relationship.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.42

Correlation (3Y)
Balances recent behavior with more history.

0.62

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.76

Correlation (10Y)
Provides a long-term view across more market conditions.

0.83

Correlation (All Time)
Calculated using the full available price history since Jan 3, 2006

0.86

Over the past year, the correlation between OBMCX and QASGX has dropped to 0.42 - well below their long-term average of 0.86, suggesting their price drivers have been diverging.

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Return for Risk

OBMCX vs. QASGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

OBMCX
OBMCX Risk / Return Rank: 7979
Overall Rank
OBMCX Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
OBMCX Sortino Ratio Rank: 7272
Sortino Ratio Rank
OBMCX Omega Ratio Rank: 7070
Omega Ratio Rank
OBMCX Calmar Ratio Rank: 8686
Calmar Ratio Rank
OBMCX Martin Ratio Rank: 9090
Martin Ratio Rank

QASGX
QASGX Risk / Return Rank: 6868
Overall Rank
QASGX Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
QASGX Sortino Ratio Rank: 6565
Sortino Ratio Rank
QASGX Omega Ratio Rank: 6464
Omega Ratio Rank
QASGX Calmar Ratio Rank: 7777
Calmar Ratio Rank
QASGX Martin Ratio Rank: 7171
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

OBMCX vs. QASGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oberweis Micro Cap Fund (OBMCX) and Federated Hermes MDT Small Cap Growth Fund Class A (QASGX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


OBMCXQASGXDifference
Sharpe ratioReturn per unit of total volatility

+0.21

Sortino ratioReturn per unit of downside risk

+0.04

Omega ratioGain probability vs. loss probability

1.30

1.30

0.00

Calmar ratioReturn relative to maximum drawdown

2.99

2.58

+0.41

Martin ratioReturn relative to average drawdown

12.18

9.21

+2.97

OBMCX vs. QASGX - Sharpe Ratio Comparison

The current OBMCX Sharpe Ratio is 1.79, which is comparable to the QASGX Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of OBMCX and QASGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

OBMCX vs. QASGX - Drawdown Comparison

The maximum OBMCX drawdown since its inception was -68.24%, which is greater than QASGX's maximum drawdown of -60.88%. Use the drawdown chart below to compare losses from any high point for OBMCX and QASGX.


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Drawdown Indicators


OBMCXQASGXDifference

Max Drawdown

Largest peak-to-trough decline

-68.24%

-60.88%

-7.36%

Max Drawdown (1Y)

Largest decline over 1 year

-17.19%

-13.27%

-3.92%

Max Drawdown (3Y)

Largest decline over 3 years

-28.11%

-27.33%

-0.78%

Max Drawdown (5Y)

Largest decline over 5 years

-28.11%

-38.71%

+10.60%

Max Drawdown (10Y)

Largest decline over 10 years

-50.04%

-45.30%

-4.74%

Current Drawdown

Current decline from peak

-13.01%

-4.31%

-8.70%

Average Drawdown

Average peak-to-trough decline

-16.36%

-14.08%

-2.28%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.21%

3.72%

+0.49%

Volatility

OBMCX vs. QASGX - Volatility Comparison

Oberweis Micro Cap Fund (OBMCX) has a higher volatility of 11.67% compared to Federated Hermes MDT Small Cap Growth Fund Class A (QASGX) at 5.14%. This indicates that OBMCX's price experiences larger fluctuations and is considered to be riskier than QASGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


OBMCXQASGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.67%

5.14%

+6.53%

Volatility (6M)

Calculated over the trailing 6-month period

23.58%

16.24%

+7.34%

Volatility (1Y)

Calculated over the trailing 1-year period

28.71%

21.72%

+6.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.80%

24.61%

+2.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.25%

24.68%

+1.57%

OBMCX vs. QASGX - Expense Ratio Comparison

OBMCX has a 1.48% expense ratio, which is higher than QASGX's 1.14% expense ratio.


Dividends

OBMCX vs. QASGX - Dividend Comparison

OBMCX's dividend yield for the trailing twelve months is around 1.04%, less than QASGX's 3.57% yield.


PositionTTM20252024202320222021202020192018201720162015
OBMCX
Oberweis Micro Cap Fund
1.04%1.41%2.53%0.00%1.37%24.35%0.00%0.00%19.67%11.76%0.05%3.07%
QASGX
Federated Hermes MDT Small Cap Growth Fund Class A
3.57%4.24%0.00%0.00%3.33%31.38%0.47%0.00%7.34%5.29%1.67%19.08%

Frequently Asked Questions


OBMCX and QASGX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

OBMCX has higher volatility (11.67%) compared to QASGX (5.14%). In terms of maximum drawdown, OBMCX dropped -68.24% vs QASGX's -60.88%.

OBMCX currently has the higher Sharpe Ratio (1.79 vs 1.58), 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.

Portfolio Optimizer

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