OBSOX vs. IWM
Compare and contrast key facts about Oberweis Small-Cap Opportunities Fund (OBSOX) and iShares Russell 2000 ETF (IWM).
OBSOX is managed by Oberweis. It was launched on Sep 16, 1996. IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OBSOX or IWM.
Key characteristics
| OBSOX | IWM | |
|---|---|---|
| YTD Return | 25.36% | 19.68% |
| 1Y Return | 41.70% | 44.16% |
| 3Y Return (Ann) | 0.83% | 0.95% |
| 5Y Return (Ann) | 14.55% | 9.84% |
| 10Y Return (Ann) | 5.42% | 8.79% |
| Sharpe Ratio | 2.08 | 1.94 |
| Sortino Ratio | 2.84 | 2.78 |
| Omega Ratio | 1.35 | 1.34 |
| Calmar Ratio | 0.93 | 1.44 |
| Martin Ratio | 12.26 | 11.17 |
| Ulcer Index | 3.22% | 3.75% |
| Daily Std Dev | 19.01% | 21.57% |
| Max Drawdown | -86.25% | -59.05% |
| Current Drawdown | -18.73% | 0.00% |
Correlation
The correlation between OBSOX and IWM is 0.89, 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. IWM - Performance Comparison
In the year-to-date period, OBSOX achieves a 25.36% return, which is significantly higher than IWM's 19.68% return. Over the past 10 years, OBSOX has underperformed IWM with an annualized return of 5.42%, while IWM has yielded a comparatively higher 8.79% annualized return. 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. IWM - Expense Ratio Comparison
OBSOX has a 1.25% expense ratio, which is higher than IWM's 0.19% expense ratio.
Risk-Adjusted Performance
OBSOX vs. IWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oberweis Small-Cap Opportunities Fund (OBSOX) and iShares Russell 2000 ETF (IWM). 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. IWM - Dividend Comparison
OBSOX has not paid dividends to shareholders, while IWM's dividend yield for the trailing twelve months is around 1.08%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OBSOX Oberweis Small-Cap Opportunities 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% |
IWM iShares Russell 2000 ETF | 1.08% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% | 1.23% |
Drawdowns
OBSOX vs. IWM - Drawdown Comparison
The maximum OBSOX drawdown since its inception was -86.25%, which is greater than IWM's maximum drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for OBSOX and IWM. For additional features, visit the drawdowns tool.
Volatility
OBSOX vs. IWM - Volatility Comparison
The current volatility for Oberweis Small-Cap Opportunities Fund (OBSOX) is 5.83%, while iShares Russell 2000 ETF (IWM) has a volatility of 7.16%. This indicates that OBSOX experiences smaller price fluctuations and is considered to be less risky than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.