TSMWX vs. WEMMX
TSMWX (TIAA-CREF Quant Small/Mid-Cap Equity Fund) and WEMMX (TETON Westwood Mighty Mites Fund) are both Small Cap Blend Equities funds. Over the past 5 years, TSMWX returned 13.19%/yr vs 8.06%/yr for WEMMX. Their correlation of 0.91 means they have usually moved in the same direction. TSMWX charges 0.47%/yr vs 1.41%/yr for WEMMX.
Performance
TSMWX vs. WEMMX - Performance Comparison
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Returns By Period
In the year-to-date period, TSMWX achieves a 25.49% return, which is significantly lower than WEMMX's 30.63% return.
TSMWX
- 1D
- 1.76%
- 1M
- 0.61%
- 6M
- 20.13%
- YTD
- 25.49%
- 1Y
- 37.34%
- 3Y*
- 22.57%
- 5Y*
- 13.19%
- 10Y*
- —
- ALL TIME*
- 14.81%
WEMMX
- 1D
- 2.19%
- 1M
- 1.63%
- 6M
- 18.98%
- YTD
- 30.63%
- 1Y
- 38.97%
- 3Y*
- 15.93%
- 5Y*
- 8.06%
- 10Y*
- 9.60%
- ALL TIME*
- 10.48%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TSMWX vs. WEMMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSMWX TIAA-CREF Quant Small/Mid-Cap Equity Fund | 25.49% | 16.07% | 18.33% | 20.97% | -16.46% | 32.06% | 15.98% | 30.01% | -7.82% | 17.44% |
WEMMX TETON Westwood Mighty Mites Fund | 30.63% | 11.02% | 3.83% | 13.53% | -15.37% | 21.44% | 10.02% | 16.94% | -13.69% | 15.47% |
Correlation
The correlation between TSMWX and WEMMX is 0.85, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.85 |
Correlation (3Y) Balances recent behavior with more history. | 0.88 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.91 |
The correlation between TSMWX and WEMMX has been stable across timeframes, ranging from 0.85 to 0.91 - a consistent structural relationship.
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Return for Risk
TSMWX vs. WEMMX — Risk / Return Rank
TSMWX
WEMMX
TSMWX vs. WEMMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Quant Small/Mid-Cap Equity Fund (TSMWX) and TETON Westwood Mighty Mites Fund (WEMMX). 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.
| TSMWX | WEMMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 4.32 | 4.21 | +0.11 |
| Martin ratioReturn relative to average drawdown | 15.20 | 12.15 | +3.05 |
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Drawdowns
TSMWX vs. WEMMX - Drawdown Comparison
The maximum TSMWX drawdown since its inception was -44.34%, roughly equal to the maximum WEMMX drawdown of -42.48%. Use the drawdown chart below to compare losses from any high point for TSMWX and WEMMX.
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Drawdown Indicators
| TSMWX | WEMMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.34% | -42.48% | -1.86% |
Max Drawdown (1Y)Largest decline over 1 year | -8.78% | -9.31% | +0.53% |
Max Drawdown (3Y)Largest decline over 3 years | -24.27% | -21.44% | -2.83% |
Max Drawdown (5Y)Largest decline over 5 years | -25.87% | -27.11% | +1.24% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.73% | — |
Current DrawdownCurrent decline from peak | -0.96% | -1.11% | +0.15% |
Average DrawdownAverage peak-to-trough decline | -6.67% | -6.60% | -0.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 3.22% | -0.74% |
Volatility
TSMWX vs. WEMMX - Volatility Comparison
The current volatility for TIAA-CREF Quant Small/Mid-Cap Equity Fund (TSMWX) is 4.66%, while TETON Westwood Mighty Mites Fund (WEMMX) has a volatility of 5.31%. This indicates that TSMWX experiences smaller price fluctuations and is considered to be less risky than WEMMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSMWX | WEMMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.66% | 5.31% | -0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 14.26% | 13.22% | +1.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.70% | 18.09% | +0.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.80% | 19.05% | +1.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.23% | 20.51% | +1.72% |
TSMWX vs. WEMMX - Expense Ratio Comparison
TSMWX has a 0.47% expense ratio, which is lower than WEMMX's 1.41% expense ratio.
Dividends
TSMWX vs. WEMMX - Dividend Comparison
TSMWX's dividend yield for the trailing twelve months is around 7.11%, less than WEMMX's 17.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSMWX TIAA-CREF Quant Small/Mid-Cap Equity Fund | 7.11% | 8.92% | 12.84% | 2.50% | 7.84% | 20.81% | 1.81% | 5.84% | 13.26% | 4.51% | 0.00% | 0.00% |
WEMMX TETON Westwood Mighty Mites Fund | 17.46% | 22.80% | 26.79% | 18.86% | 13.60% | 15.44% | 9.23% | 4.11% | 4.16% | 6.44% | 4.61% | 2.35% |
Frequently Asked Questions
TSMWX and WEMMX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WEMMX has higher volatility (5.31%) compared to TSMWX (4.66%). In terms of maximum drawdown, TSMWX dropped -44.34% vs WEMMX's -42.48%.
WEMMX currently has the higher Sharpe Ratio (2.18 vs 2.04), 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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