WAAEX vs. WAMCX
Compare and contrast key facts about Wasatch Small Cap Growth Fund (WAAEX) and Wasatch Ultra Growth Fund (WAMCX).
WAAEX is managed by Wasatch. It was launched on Dec 8, 1986. WAMCX is managed by Wasatch. It was launched on Aug 17, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAAEX or WAMCX.
Key characteristics
| WAAEX | WAMCX | |
|---|---|---|
| YTD Return | 20.25% | 18.43% |
| 1Y Return | 46.48% | 54.31% |
| 3Y Return (Ann) | -14.16% | -12.31% |
| 5Y Return (Ann) | 1.11% | 7.92% |
| 10Y Return (Ann) | -1.86% | 4.15% |
| Sharpe Ratio | 2.32 | 2.31 |
| Sortino Ratio | 3.26 | 3.09 |
| Omega Ratio | 1.40 | 1.39 |
| Calmar Ratio | 0.78 | 0.89 |
| Martin Ratio | 10.80 | 10.33 |
| Ulcer Index | 4.10% | 4.88% |
| Daily Std Dev | 19.08% | 21.84% |
| Max Drawdown | -62.47% | -70.06% |
| Current Drawdown | -36.95% | -32.84% |
Correlation
The correlation between WAAEX and WAMCX is 0.94, 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
WAAEX vs. WAMCX - Performance Comparison
In the year-to-date period, WAAEX achieves a 20.25% return, which is significantly higher than WAMCX's 18.43% return. Over the past 10 years, WAAEX has underperformed WAMCX with an annualized return of -1.86%, while WAMCX has yielded a comparatively higher 4.15% 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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WAAEX vs. WAMCX - Expense Ratio Comparison
WAAEX has a 1.12% expense ratio, which is lower than WAMCX's 1.16% expense ratio.
Risk-Adjusted Performance
WAAEX vs. WAMCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Small Cap Growth Fund (WAAEX) and Wasatch Ultra Growth Fund (WAMCX). 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
WAAEX vs. WAMCX - Dividend Comparison
Neither WAAEX nor WAMCX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
WAAEX Wasatch Small Cap Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WAMCX Wasatch Ultra Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.50% | 0.61% | 0.00% | 0.06% |
Drawdowns
WAAEX vs. WAMCX - Drawdown Comparison
The maximum WAAEX drawdown since its inception was -62.47%, smaller than the maximum WAMCX drawdown of -70.06%. Use the drawdown chart below to compare losses from any high point for WAAEX and WAMCX. For additional features, visit the drawdowns tool.
Volatility
WAAEX vs. WAMCX - Volatility Comparison
Wasatch Small Cap Growth Fund (WAAEX) and Wasatch Ultra Growth Fund (WAMCX) have volatilities of 5.71% and 5.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.