UMBHX vs. OBMCX

Last updated Jul 11, 2026

UMBHX (Carillon Scout Small Cap Fund) and OBMCX (Oberweis Micro Cap Fund) are both Small Cap Growth Equities funds. Their correlation of 0.90 suggests significant overlap in exposure. UMBHX charges 0.90%/yr vs 1.48%/yr for OBMCX.

Performance

UMBHX vs. OBMCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Carillon Scout Small Cap Fund (UMBHX) and Oberweis Micro Cap Fund (OBMCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UMBHX

• 1D: 2.32%
• 1M: 0.82%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

OBMCX

• 1D: 2.97%
• 1M: 0.43%
• 6M: 40.83%
• YTD: 46.88%
• 1Y: 65.25%
• 3Y*: 27.83%
• 5Y*: 19.78%
• 10Y*: 21.31%

*Multi-year figures are annualized to reflect compound growth (CAGR)

UMBHX vs. OBMCX - Yearly Performance Comparison

	2026 (YTD)
UMBHX Carillon Scout Small Cap Fund	2.62%
OBMCX Oberweis Micro Cap Fund	2.31%

Correlation

The correlation between UMBHX and OBMCX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.90

Return for Risk

UMBHX vs. OBMCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UMBHX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

OBMCX

OBMCX Risk / Return Rank: 87
OBMCX Sharpe Ratio Rank: 87
OBMCX Sortino Ratio Rank: 78
OBMCX Omega Ratio Rank: 76
OBMCX Calmar Ratio Rank: 96
OBMCX Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UMBHX vs. OBMCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Carillon Scout Small Cap Fund (UMBHX) and Oberweis Micro Cap Fund (OBMCX). 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.

	UMBHX	OBMCX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.33	—
Sortino ratio: Return per unit of downside risk	—	2.91	—
Omega ratio: Gain probability vs. loss probability	—	1.38	—
Calmar ratio: Return relative to maximum drawdown	—	5.08	—
Martin ratio: Return relative to average drawdown	—	19.08	—

Drawdowns

UMBHX vs. OBMCX - Drawdown Comparison

The maximum UMBHX drawdown since its inception was -6.07%, smaller than the maximum OBMCX drawdown of -68.24%. Use the drawdown chart below to compare losses from any high point for UMBHX and OBMCX.

Drawdown Indicators

	UMBHX	OBMCX	Difference
Max Drawdown Largest peak-to-trough decline	-6.07%	-68.24%	+62.17%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.45%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-28.11%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-50.04%	—
Current Drawdown Current decline from peak	-3.89%	-5.75%	+1.86%
Average Drawdown Average peak-to-trough decline	-1.91%	-16.37%	+14.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.31%	—

Volatility

Volatility by Period

	UMBHX	OBMCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.72%	—
Volatility (1Y) Calculated over the trailing 1-year period	31.56%	27.19%	+4.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.56%	26.63%	+4.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.56%	26.08%	+5.48%

UMBHX vs. OBMCX - Expense Ratio Comparison

UMBHX has a 0.90% expense ratio, which is lower than OBMCX's 1.48% expense ratio.

Dividends

UMBHX vs. OBMCX - Dividend Comparison

UMBHX has not paid dividends to shareholders, while OBMCX's dividend yield for the trailing twelve months is around 0.96%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OBMCX Oberweis Micro Cap Fund	0.96%	1.41%	2.53%	0.00%	1.37%	24.35%	0.00%	0.00%	19.67%	11.76%	0.05%	3.07%
UMBHX Carillon Scout Small Cap 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%

Frequently Asked Questions

Can I hold both UMBHX and OBMCX in my portfolio?

With a correlation of 0.90, UMBHX and OBMCX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.