OBMCX vs. UMBHX

Last updated Jun 4, 2026

OBMCX (Oberweis Micro Cap Fund) and UMBHX (Carillon Scout Small Cap Fund) are both Small Cap Growth Equities funds. A 0.50 correlation means they provide meaningful diversification when combined. OBMCX charges 1.48%/yr vs 0.90%/yr for UMBHX.

Performance

OBMCX vs. UMBHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oberweis Micro Cap Fund (OBMCX) and Carillon Scout Small Cap Fund (UMBHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

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%

UMBHX

• 1D: 2.34%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OBMCX vs. UMBHX - Yearly Performance Comparison

	2026 (YTD)
OBMCX Oberweis Micro Cap Fund	1.89%
UMBHX Carillon Scout Small Cap Fund	0.44%

Correlation

The correlation between OBMCX and UMBHX is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.50

Return for Risk

OBMCX vs. UMBHX — 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

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. UMBHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oberweis Micro Cap Fund (OBMCX) and Carillon Scout Small Cap Fund (UMBHX). 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	UMBHX	Difference
Sharpe ratio Return per unit of total volatility	3.24	—	—
Sortino ratio Return per unit of downside risk	3.90	—	—
Omega ratio Gain probability vs. loss probability	1.51	—	—
Calmar ratio Return relative to maximum drawdown	6.47	—	—
Martin ratio Return relative to average drawdown	25.98	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	OBMCX	UMBHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.24	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	—	—
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	1.79	-1.34

Drawdowns

OBMCX vs. UMBHX - Drawdown Comparison

The maximum OBMCX drawdown since its inception was -68.24%, which is greater than UMBHX's maximum drawdown of -1.86%. Use the drawdown chart below to compare losses from any high point for OBMCX and UMBHX.

Drawdown Indicators

	OBMCX	UMBHX	Difference
Max Drawdown Largest peak-to-trough decline	-68.24%	-1.86%	-66.38%
Max Drawdown (1Y) Largest decline over 1 year	-12.45%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-28.11%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.11%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-50.04%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-16.42%	-0.84%	-15.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.09%	—	—

Volatility

Volatility by Period

	OBMCX	UMBHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.66%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.89%	30.30%	-5.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.20%	30.30%	-4.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.88%	30.30%	-4.42%

OBMCX vs. UMBHX - Expense Ratio Comparison

OBMCX has a 1.48% expense ratio, which is higher than UMBHX's 0.90% expense ratio.

Dividends

OBMCX vs. UMBHX - Dividend Comparison

OBMCX's dividend yield for the trailing twelve months is around 0.97%, while UMBHX has not paid dividends to shareholders.

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%
UMBHX Carillon Scout Small 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%

Frequently Asked Questions

Can I hold both OBMCX and UMBHX in my portfolio?

OBMCX and UMBHX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.