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OBMCX vs. SPGP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OBMCX and SPGP is 0.72, 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.


-0.50.00.51.00.7

Performance

OBMCX vs. SPGP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oberweis Micro Cap Fund (OBMCX) and Invesco S&P 500 GARP ETF (SPGP). The values are adjusted to include any dividend payments, if applicable.

200.00%300.00%400.00%500.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
289.01%
524.92%
OBMCX
SPGP

Key characteristics

Sharpe Ratio

OBMCX:

1.03

SPGP:

0.55

Sortino Ratio

OBMCX:

1.53

SPGP:

0.84

Omega Ratio

OBMCX:

1.18

SPGP:

1.10

Calmar Ratio

OBMCX:

1.05

SPGP:

0.85

Martin Ratio

OBMCX:

5.66

SPGP:

2.50

Ulcer Index

OBMCX:

4.22%

SPGP:

3.25%

Daily Std Dev

OBMCX:

23.09%

SPGP:

14.86%

Max Drawdown

OBMCX:

-81.09%

SPGP:

-42.08%

Current Drawdown

OBMCX:

-8.37%

SPGP:

-7.45%

Returns By Period

In the year-to-date period, OBMCX achieves a 21.43% return, which is significantly higher than SPGP's 7.30% return. Over the past 10 years, OBMCX has underperformed SPGP with an annualized return of 9.66%, while SPGP has yielded a comparatively higher 13.46% annualized return.


OBMCX

YTD

21.43%

1M

-0.37%

6M

10.74%

1Y

21.69%

5Y*

15.44%

10Y*

9.66%

SPGP

YTD

7.30%

1M

-4.57%

6M

1.47%

1Y

6.89%

5Y*

11.82%

10Y*

13.46%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


OBMCX vs. SPGP - Expense Ratio Comparison

OBMCX has a 1.48% expense ratio, which is higher than SPGP's 0.36% expense ratio.


OBMCX
Oberweis Micro Cap Fund
Expense ratio chart for OBMCX: current value at 1.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.48%
Expense ratio chart for SPGP: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%

Risk-Adjusted Performance

OBMCX vs. SPGP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Oberweis Micro Cap Fund (OBMCX) and Invesco S&P 500 GARP ETF (SPGP). 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.


Sharpe ratio
The chart of Sharpe ratio for OBMCX, currently valued at 1.03, compared to the broader market-1.000.001.002.003.004.001.030.55
The chart of Sortino ratio for OBMCX, currently valued at 1.53, compared to the broader market-2.000.002.004.006.008.0010.001.530.84
The chart of Omega ratio for OBMCX, currently valued at 1.18, compared to the broader market0.501.001.502.002.503.003.501.181.10
The chart of Calmar ratio for OBMCX, currently valued at 1.05, compared to the broader market0.005.0010.0015.001.050.85
The chart of Martin ratio for OBMCX, currently valued at 5.66, compared to the broader market0.0020.0040.0060.005.662.50
OBMCX
SPGP

The current OBMCX Sharpe Ratio is 1.03, which is higher than the SPGP Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of OBMCX and SPGP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
1.03
0.55
OBMCX
SPGP

Dividends

OBMCX vs. SPGP - Dividend Comparison

OBMCX has not paid dividends to shareholders, while SPGP's dividend yield for the trailing twelve months is around 1.00%.


TTM20232022202120202019201820172016201520142013
OBMCX
Oberweis Micro Cap Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPGP
Invesco S&P 500 GARP ETF
1.00%1.24%1.22%0.69%1.10%0.86%0.95%0.68%0.89%1.12%1.52%2.11%

Drawdowns

OBMCX vs. SPGP - Drawdown Comparison

The maximum OBMCX drawdown since its inception was -81.09%, which is greater than SPGP's maximum drawdown of -42.08%. Use the drawdown chart below to compare losses from any high point for OBMCX and SPGP. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.37%
-7.45%
OBMCX
SPGP

Volatility

OBMCX vs. SPGP - Volatility Comparison

Oberweis Micro Cap Fund (OBMCX) has a higher volatility of 6.66% compared to Invesco S&P 500 GARP ETF (SPGP) at 4.05%. This indicates that OBMCX's price experiences larger fluctuations and is considered to be riskier than SPGP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
6.66%
4.05%
OBMCX
SPGP
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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