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WAAEX vs. WAMCX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

WAAEX vs. WAMCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wasatch Small Cap Growth Fund (WAAEX) and Wasatch Ultra Growth Fund (WAMCX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
20.37%
14.09%
WAAEX
WAMCX

Returns By Period

In the year-to-date period, WAAEX achieves a 20.17% return, which is significantly higher than WAMCX's 15.53% return. Over the past 10 years, WAAEX has underperformed WAMCX with an annualized return of -2.01%, while WAMCX has yielded a comparatively higher 3.91% annualized return.


WAAEX

YTD

20.17%

1M

8.29%

6M

21.55%

1Y

35.74%

5Y (annualized)

0.76%

10Y (annualized)

-2.01%

WAMCX

YTD

15.53%

1M

6.44%

6M

14.77%

1Y

36.42%

5Y (annualized)

7.03%

10Y (annualized)

3.91%

Key characteristics


WAAEXWAMCX
Sharpe Ratio1.971.77
Sortino Ratio2.782.42
Omega Ratio1.331.30
Calmar Ratio0.690.72
Martin Ratio8.907.57
Ulcer Index4.15%4.95%
Daily Std Dev18.75%21.12%
Max Drawdown-62.47%-70.06%
Current Drawdown-37.00%-34.48%

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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.


WAMCX
Wasatch Ultra Growth Fund
Expense ratio chart for WAMCX: current value at 1.16% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.16%
Expense ratio chart for WAAEX: current value at 1.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.12%

Correlation

-0.50.00.51.00.9

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.

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.


Sharpe ratio
The chart of Sharpe ratio for WAAEX, currently valued at 1.97, compared to the broader market-1.000.001.002.003.004.005.001.971.77
The chart of Sortino ratio for WAAEX, currently valued at 2.78, compared to the broader market0.005.0010.002.782.42
The chart of Omega ratio for WAAEX, currently valued at 1.33, compared to the broader market1.002.003.004.001.331.30
The chart of Calmar ratio for WAAEX, currently valued at 0.69, compared to the broader market0.005.0010.0015.0020.0025.000.690.72
The chart of Martin ratio for WAAEX, currently valued at 8.90, compared to the broader market0.0020.0040.0060.0080.00100.008.907.57
WAAEX
WAMCX

The current WAAEX Sharpe Ratio is 1.97, which is comparable to the WAMCX Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of WAAEX and WAMCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.97
1.77
WAAEX
WAMCX

Dividends

WAAEX vs. WAMCX - Dividend Comparison

Neither WAAEX nor WAMCX has paid dividends to shareholders.


TTM2023202220212020201920182017201620152014
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.


-50.00%-45.00%-40.00%-35.00%JuneJulyAugustSeptemberOctoberNovember
-37.00%
-34.48%
WAAEX
WAMCX

Volatility

WAAEX vs. WAMCX - Volatility Comparison

Wasatch Small Cap Growth Fund (WAAEX) and Wasatch Ultra Growth Fund (WAMCX) have volatilities of 6.68% and 6.61%, 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.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JuneJulyAugustSeptemberOctoberNovember
6.68%
6.61%
WAAEX
WAMCX