SBHVX vs. WITAX
SBHVX (Segall Bryant & Hamill Small Cap Value Fund) and WITAX (Segall Bryant & Hamill Municipal Opportunities Fund) are both mutual funds - SBHVX is a Small Cap Blend Equities fund managed by Segall Bryant & Hamill, while WITAX is a Municipal Bonds fund managed by Segall Bryant & Hamill. Over the past 5 years, SBHVX returned 8.52%/yr vs 0.90%/yr for WITAX. At a 0.01 correlation, their price movements are largely independent. SBHVX charges 0.97%/yr vs 0.50%/yr for WITAX.
Performance
SBHVX vs. WITAX - Performance Comparison
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Returns By Period
In the year-to-date period, SBHVX achieves a 23.03% return, which is significantly higher than WITAX's 1.74% return.
SBHVX
- 1D
- -0.16%
- 1M
- 4.89%
- YTD
- 23.03%
- 6M
- 20.86%
- 1Y
- 44.84%
- 3Y*
- 19.11%
- 5Y*
- 8.52%
- 10Y*
- 11.14%
WITAX
- 1D
- -0.10%
- 1M
- 1.21%
- YTD
- 1.74%
- 6M
- 1.98%
- 1Y
- 5.95%
- 3Y*
- 4.57%
- 5Y*
- 0.90%
- 10Y*
- —
SBHVX vs. WITAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SBHVX Segall Bryant & Hamill Small Cap Value Fund | 23.03% | 12.27% | 12.31% | 11.97% | -14.66% | 16.61% | 6.22% | 24.65% | -4.54% | 10.92% |
WITAX Segall Bryant & Hamill Municipal Opportunities Fund | 1.74% | 5.32% | 3.09% | 5.50% | -11.11% | 2.87% | 6.71% | 7.20% | 1.46% | 8.57% |
Correlation
The correlation between SBHVX and WITAX is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.01 |
Over the past year, SBHVX and WITAX have become more correlated (0.21) than their long-term average of 0.01, meaning their price movements have been converging.
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Return for Risk
SBHVX vs. WITAX — Risk / Return Rank
SBHVX
WITAX
SBHVX vs. WITAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Segall Bryant & Hamill Small Cap Value Fund (SBHVX) and Segall Bryant & Hamill Municipal Opportunities Fund (WITAX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SBHVX | WITAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -2.11 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.84 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | 3.82 | 3.01 | +0.81 |
| Martin ratioReturn relative to average drawdown | 13.03 | 11.41 | +1.62 |
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Drawdowns
SBHVX vs. WITAX - Drawdown Comparison
The maximum SBHVX drawdown since its inception was -41.54%, which is greater than WITAX's maximum drawdown of -13.87%. Use the drawdown chart below to compare losses from any high point for SBHVX and WITAX.
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Drawdown Indicators
| SBHVX | WITAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.54% | -13.87% | -27.67% |
Max Drawdown (1Y)Largest decline over 1 year | -12.18% | -2.02% | -10.16% |
Max Drawdown (3Y)Largest decline over 3 years | -29.43% | -3.27% | -26.16% |
Max Drawdown (5Y)Largest decline over 5 years | -29.43% | -13.87% | -15.56% |
Max Drawdown (10Y)Largest decline over 10 years | -41.54% | — | — |
Current DrawdownCurrent decline from peak | -0.54% | -0.10% | -0.44% |
Average DrawdownAverage peak-to-trough decline | -7.24% | -2.92% | -4.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.56% | 0.53% | +3.03% |
Volatility
SBHVX vs. WITAX - Volatility Comparison
Segall Bryant & Hamill Small Cap Value Fund (SBHVX) has a higher volatility of 6.22% compared to Segall Bryant & Hamill Municipal Opportunities Fund (WITAX) at 0.54%. This indicates that SBHVX's price experiences larger fluctuations and is considered to be riskier than WITAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SBHVX | WITAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.22% | 0.54% | +5.68% |
Volatility (6M)Calculated over the trailing 6-month period | 14.19% | 1.40% | +12.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.55% | 1.82% | +18.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.33% | 2.90% | +18.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.34% | 3.10% | +18.24% |
SBHVX vs. WITAX - Expense Ratio Comparison
SBHVX has a 0.97% expense ratio, which is higher than WITAX's 0.50% expense ratio.
Dividends
SBHVX vs. WITAX - Dividend Comparison
SBHVX's dividend yield for the trailing twelve months is around 9.47%, more than WITAX's 3.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SBHVX Segall Bryant & Hamill Small Cap Value Fund | 9.47% | 11.65% | 4.61% | 1.37% | 1.25% | 4.66% | 0.95% | 6.05% | 10.28% | 6.78% | 0.22% | 5.76% |
WITAX Segall Bryant & Hamill Municipal Opportunities Fund | 3.18% | 3.49% | 3.68% | 3.61% | 3.17% | 2.75% | 3.30% | 4.19% | 3.56% | 3.76% | 0.00% | 0.00% |
Frequently Asked Questions
SBHVX and WITAX have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SBHVX has higher volatility (6.22%) compared to WITAX (0.54%). In terms of maximum drawdown, SBHVX dropped -41.54% vs WITAX's -13.87%.
WITAX currently has the higher Sharpe Ratio (3.35 vs 2.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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