OBSOX vs. HRSMX
Compare and contrast key facts about Oberweis Small-Cap Opportunities Fund (OBSOX) and Hood River Small-Cap Growth Fund (HRSMX).
OBSOX is managed by Oberweis. It was launched on Sep 16, 1996. 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: OBSOX or HRSMX.
Key characteristics
| OBSOX | HRSMX | |
|---|---|---|
| YTD Return | 17.22% | 27.23% |
| 1Y Return | 22.77% | 44.33% |
| 3Y Return (Ann) | 10.18% | 4.19% |
| 5Y Return (Ann) | 20.12% | 18.44% |
| 10Y Return (Ann) | 14.21% | 14.03% |
| Sharpe Ratio | 1.15 | 1.88 |
| Daily Std Dev | 19.41% | 23.09% |
| Max Drawdown | -80.48% | -64.92% |
| Current Drawdown | -3.43% | -0.81% |
Correlation
The correlation between OBSOX and HRSMX is 0.93, 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.
Performance
OBSOX vs. HRSMX - Performance Comparison
In the year-to-date period, OBSOX achieves a 17.22% return, which is significantly lower than HRSMX's 27.23% return. Both investments have delivered pretty close results over the past 10 years, with OBSOX having a 14.21% annualized return and HRSMX not far behind at 14.03%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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OBSOX vs. HRSMX - Expense Ratio Comparison
OBSOX has a 1.25% expense ratio, which is higher than HRSMX's 1.09% expense ratio.
Risk-Adjusted Performance
OBSOX vs. HRSMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oberweis Small-Cap Opportunities Fund (OBSOX) 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
OBSOX vs. HRSMX - Dividend Comparison
Neither OBSOX nor HRSMX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OBSOX Oberweis Small-Cap Opportunities Fund | 0.00% | 0.00% | 1.74% | 21.88% | 4.05% | 3.04% | 28.22% | 6.36% | 4.24% | 11.91% | 12.74% | 5.48% |
HRSMX Hood River Small-Cap Growth Fund | 0.00% | 0.00% | 0.00% | 19.96% | 6.28% | 0.00% | 4.59% | 6.74% | 0.00% | 5.73% | 0.00% | 0.00% |
Drawdowns
OBSOX vs. HRSMX - Drawdown Comparison
The maximum OBSOX drawdown since its inception was -80.48%, which is greater than HRSMX's maximum drawdown of -64.92%. Use the drawdown chart below to compare losses from any high point for OBSOX and HRSMX. For additional features, visit the drawdowns tool.
Volatility
OBSOX vs. HRSMX - Volatility Comparison
The current volatility for Oberweis Small-Cap Opportunities Fund (OBSOX) is 6.68%, while Hood River Small-Cap Growth Fund (HRSMX) has a volatility of 7.34%. This indicates that OBSOX experiences smaller price fluctuations and is considered to be less risky than HRSMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.