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.
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
Key characteristics
WAMCX:
0.78
SPY:
2.12
WAMCX:
1.17
SPY:
2.81
WAMCX:
1.14
SPY:
1.39
WAMCX:
0.34
SPY:
3.21
WAMCX:
2.96
SPY:
13.42
WAMCX:
5.33%
SPY:
2.01%
WAMCX:
20.29%
SPY:
12.78%
WAMCX:
-70.06%
SPY:
-55.19%
WAMCX:
-35.09%
SPY:
-0.29%
Returns By Period
In the year-to-date period, WAMCX achieves a 5.73% return, which is significantly higher than SPY's 3.73% return. Over the past 10 years, WAMCX has underperformed SPY with an annualized return of 7.07%, while SPY has yielded a comparatively higher 13.76% annualized return.
WAMCX
5.73%
1.85%
9.07%
16.26%
4.26%
7.07%
SPY
3.73%
1.10%
12.39%
26.33%
15.23%
13.76%
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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 Rank
WAMCX
SPY
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 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAMCX Wasatch Ultra Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.50% | 0.61% | 0.00% | 0.06% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
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 4.40% compared to SPDR S&P 500 ETF (SPY) at 4.00%. 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.