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

Performance

WAMCX vs. WAAEX - Performance Comparison

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

-5.00%0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
15.65%
22.48%
WAMCX
WAAEX

Returns By Period

In the year-to-date period, WAMCX achieves a 17.11% return, which is significantly lower than WAAEX's 22.27% return. Over the past 10 years, WAMCX has outperformed WAAEX with an annualized return of 4.09%, while WAAEX has yielded a comparatively lower -1.83% annualized return.


WAMCX

YTD

17.11%

1M

8.59%

6M

15.65%

1Y

38.28%

5Y (annualized)

7.31%

10Y (annualized)

4.09%

WAAEX

YTD

22.27%

1M

10.96%

6M

22.47%

1Y

38.11%

5Y (annualized)

1.11%

10Y (annualized)

-1.83%

Key characteristics


WAMCXWAAEX
Sharpe Ratio1.812.03
Sortino Ratio2.472.85
Omega Ratio1.311.34
Calmar Ratio0.740.71
Martin Ratio7.749.18
Ulcer Index4.95%4.15%
Daily Std Dev21.15%18.80%
Max Drawdown-70.06%-62.47%
Current Drawdown-33.59%-35.90%

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WAMCX vs. WAAEX - Expense Ratio Comparison

WAMCX has a 1.16% expense ratio, which is higher than WAAEX's 1.12% 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 WAMCX and WAAEX 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

WAMCX vs. WAAEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Wasatch Ultra Growth Fund (WAMCX) and Wasatch Small Cap Growth Fund (WAAEX). 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 WAMCX, currently valued at 1.81, compared to the broader market-1.000.001.002.003.004.005.001.812.03
The chart of Sortino ratio for WAMCX, currently valued at 2.47, compared to the broader market0.005.0010.002.472.85
The chart of Omega ratio for WAMCX, currently valued at 1.31, compared to the broader market1.002.003.004.001.311.34
The chart of Calmar ratio for WAMCX, currently valued at 0.74, compared to the broader market0.005.0010.0015.0020.000.740.71
The chart of Martin ratio for WAMCX, currently valued at 7.74, compared to the broader market0.0020.0040.0060.0080.00100.007.749.18
WAMCX
WAAEX

The current WAMCX Sharpe Ratio is 1.81, which is comparable to the WAAEX Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of WAMCX and WAAEX, 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
1.81
2.03
WAMCX
WAAEX

Dividends

WAMCX vs. WAAEX - Dividend Comparison

Neither WAMCX nor WAAEX has paid dividends to shareholders.


TTM2023202220212020201920182017201620152014
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%
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%

Drawdowns

WAMCX vs. WAAEX - Drawdown Comparison

The maximum WAMCX drawdown since its inception was -70.06%, which is greater than WAAEX's maximum drawdown of -62.47%. Use the drawdown chart below to compare losses from any high point for WAMCX and WAAEX. For additional features, visit the drawdowns tool.


-50.00%-45.00%-40.00%-35.00%JuneJulyAugustSeptemberOctoberNovember
-33.59%
-35.90%
WAMCX
WAAEX

Volatility

WAMCX vs. WAAEX - Volatility Comparison

Wasatch Ultra Growth Fund (WAMCX) and Wasatch Small Cap Growth Fund (WAAEX) have volatilities of 6.67% and 6.81%, 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
6.67%
6.81%
WAMCX
WAAEX