WAMCX vs. SPY
Compare and contrast key facts about Wasatch Ultra Growth Fund (WAMCX) and SPDR S&P 500 ETF (SPY).
WAMCX is managed by Wasatch. It was launched on Aug 17, 1992. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAMCX or SPY.
Key characteristics
| WAMCX | SPY | |
|---|---|---|
| YTD Return | 18.43% | 27.04% |
| 1Y Return | 54.31% | 39.75% |
| 3Y Return (Ann) | -12.31% | 10.21% |
| 5Y Return (Ann) | 7.92% | 15.93% |
| 10Y Return (Ann) | 4.15% | 13.36% |
| Sharpe Ratio | 2.31 | 3.15 |
| Sortino Ratio | 3.09 | 4.19 |
| Omega Ratio | 1.39 | 1.59 |
| Calmar Ratio | 0.89 | 4.60 |
| Martin Ratio | 10.33 | 20.85 |
| Ulcer Index | 4.88% | 1.85% |
| Daily Std Dev | 21.84% | 12.29% |
| Max Drawdown | -70.06% | -55.19% |
| Current Drawdown | -32.84% | 0.00% |
Correlation
The correlation between WAMCX and SPY is 0.75, 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
WAMCX vs. SPY - Performance Comparison
In the year-to-date period, WAMCX achieves a 18.43% return, which is significantly lower than SPY's 27.04% return. Over the past 10 years, WAMCX has underperformed SPY with an annualized return of 4.15%, while SPY has yielded a comparatively higher 13.36% 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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WAMCX vs. SPY - Expense Ratio Comparison
WAMCX has a 1.16% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
WAMCX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Ultra Growth Fund (WAMCX) and SPDR S&P 500 ETF (SPY). 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
WAMCX vs. SPY - Dividend Comparison
WAMCX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.17%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
WAMCX vs. SPY - Drawdown Comparison
The maximum WAMCX drawdown since its inception was -70.06%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for WAMCX and SPY. For additional features, visit the drawdowns tool.
Volatility
WAMCX vs. SPY - Volatility Comparison
Wasatch Ultra Growth Fund (WAMCX) has a higher volatility of 5.53% compared to SPDR S&P 500 ETF (SPY) at 3.95%. This indicates that WAMCX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.