RMT vs. DON
Compare and contrast key facts about Royce Micro-Cap Trust, Inc. (RMT) and WisdomTree US MidCap Dividend ETF (DON).
DON is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree MidCap Dividend Index. 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 DON.
Key characteristics
| RMT | DON | |
|---|---|---|
| YTD Return | 16.81% | 19.72% |
| 1Y Return | 39.07% | 36.80% |
| 3Y Return (Ann) | 2.59% | 8.89% |
| 5Y Return (Ann) | 13.41% | 10.44% |
| 10Y Return (Ann) | 9.38% | 9.81% |
| Sharpe Ratio | 1.90 | 2.40 |
| Sortino Ratio | 2.62 | 3.39 |
| Omega Ratio | 1.32 | 1.43 |
| Calmar Ratio | 1.73 | 3.80 |
| Martin Ratio | 10.56 | 14.73 |
| Ulcer Index | 3.78% | 2.47% |
| Daily Std Dev | 21.00% | 15.14% |
| Max Drawdown | -73.93% | -61.94% |
| Current Drawdown | -1.35% | -0.92% |
Correlation
The correlation between RMT and DON is 0.77, 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. DON - Performance Comparison
In the year-to-date period, RMT achieves a 16.81% return, which is significantly lower than DON's 19.72% return. Both investments have delivered pretty close results over the past 10 years, with RMT having a 9.38% annualized return and DON not far ahead at 9.81%. 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. DON - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Royce Micro-Cap Trust, Inc. (RMT) and WisdomTree US MidCap Dividend ETF (DON). 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. DON - Dividend Comparison
RMT's dividend yield for the trailing twelve months is around 7.35%, more than DON's 2.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RMT Royce Micro-Cap Trust, Inc. | 7.35% | 8.01% | 10.94% | 7.27% | 6.03% | 7.96% | 10.11% | 7.31% | 7.84% | 17.36% | 28.77% | 10.94% |
DON WisdomTree US MidCap Dividend ETF | 2.21% | 2.41% | 2.71% | 2.12% | 2.77% | 2.38% | 2.55% | 2.25% | 2.48% | 2.89% | 2.56% | 2.28% |
Drawdowns
RMT vs. DON - Drawdown Comparison
The maximum RMT drawdown since its inception was -73.93%, which is greater than DON's maximum drawdown of -61.94%. Use the drawdown chart below to compare losses from any high point for RMT and DON. For additional features, visit the drawdowns tool.
Volatility
RMT vs. DON - Volatility Comparison
Royce Micro-Cap Trust, Inc. (RMT) has a higher volatility of 6.97% compared to WisdomTree US MidCap Dividend ETF (DON) at 5.26%. This indicates that RMT's price experiences larger fluctuations and is considered to be riskier than DON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.