RMT vs. DES
Compare and contrast key facts about Royce Micro-Cap Trust, Inc. (RMT) and WisdomTree U.S. SmallCap Dividend Fund (DES).
DES is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree SmallCap Dividend (TR). It was launched on Jun 16, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RMT or DES.
Key characteristics
| RMT | DES | |
|---|---|---|
| YTD Return | 15.66% | 15.95% |
| 1Y Return | 33.19% | 28.45% |
| 3Y Return (Ann) | 2.25% | 5.73% |
| 5Y Return (Ann) | 13.02% | 8.43% |
| 10Y Return (Ann) | 9.27% | 7.76% |
| Sharpe Ratio | 1.79 | 1.73 |
| Sortino Ratio | 2.49 | 2.61 |
| Omega Ratio | 1.30 | 1.32 |
| Calmar Ratio | 1.78 | 3.82 |
| Martin Ratio | 9.96 | 9.36 |
| Ulcer Index | 3.78% | 3.77% |
| Daily Std Dev | 21.02% | 20.42% |
| Max Drawdown | -73.93% | -65.49% |
| Current Drawdown | -2.32% | -2.02% |
Correlation
The correlation between RMT and DES is 0.78, 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
RMT vs. DES - Performance Comparison
The year-to-date returns for both investments are quite close, with RMT having a 15.66% return and DES slightly higher at 15.95%. Over the past 10 years, RMT has outperformed DES with an annualized return of 9.27%, while DES has yielded a comparatively lower 7.76% 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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Risk-Adjusted Performance
RMT vs. DES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Royce Micro-Cap Trust, Inc. (RMT) and WisdomTree U.S. SmallCap Dividend Fund (DES). 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
RMT vs. DES - Dividend Comparison
RMT's dividend yield for the trailing twelve months is around 7.43%, more than DES's 2.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RMT Royce Micro-Cap Trust, Inc. | 7.43% | 8.01% | 10.94% | 7.27% | 6.03% | 7.96% | 10.11% | 7.31% | 7.84% | 17.36% | 28.77% | 10.94% |
DES WisdomTree U.S. SmallCap Dividend Fund | 2.76% | 2.65% | 2.89% | 2.31% | 2.75% | 2.68% | 3.65% | 2.89% | 2.70% | 3.55% | 2.68% | 2.44% |
Drawdowns
RMT vs. DES - Drawdown Comparison
The maximum RMT drawdown since its inception was -73.93%, which is greater than DES's maximum drawdown of -65.49%. Use the drawdown chart below to compare losses from any high point for RMT and DES. For additional features, visit the drawdowns tool.
Volatility
RMT vs. DES - Volatility Comparison
The current volatility for Royce Micro-Cap Trust, Inc. (RMT) is 7.03%, while WisdomTree U.S. SmallCap Dividend Fund (DES) has a volatility of 8.28%. This indicates that RMT experiences smaller price fluctuations and is considered to be less risky than DES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.