WAMVX vs. IWM
Compare and contrast key facts about Wasatch Micro Cap Value Fund (WAMVX) and iShares Russell 2000 ETF (IWM).
WAMVX is managed by Wasatch. It was launched on Jul 28, 2003. IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAMVX or IWM.
Key characteristics
| WAMVX | IWM | |
|---|---|---|
| YTD Return | 16.37% | 9.92% |
| 1Y Return | 29.04% | 22.45% |
| 3Y Return (Ann) | -1.98% | 0.90% |
| 5Y Return (Ann) | 12.55% | 8.58% |
| 10Y Return (Ann) | 12.08% | 8.22% |
| Sharpe Ratio | 1.47 | 1.03 |
| Daily Std Dev | 19.21% | 21.40% |
| Max Drawdown | -60.71% | -59.05% |
| Current Drawdown | -22.27% | -6.07% |
Correlation
The correlation between WAMVX and IWM is 0.88, 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
WAMVX vs. IWM - Performance Comparison
In the year-to-date period, WAMVX achieves a 16.37% return, which is significantly higher than IWM's 9.92% return. Over the past 10 years, WAMVX has outperformed IWM with an annualized return of 12.08%, while IWM has yielded a comparatively lower 8.22% 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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WAMVX vs. IWM - Expense Ratio Comparison
WAMVX has a 1.66% expense ratio, which is higher than IWM's 0.19% expense ratio.
Risk-Adjusted Performance
WAMVX vs. IWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Micro Cap Value Fund (WAMVX) and iShares Russell 2000 ETF (IWM). 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
WAMVX vs. IWM - Dividend Comparison
WAMVX has not paid dividends to shareholders, while IWM's dividend yield for the trailing twelve months is around 1.21%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAMVX Wasatch Micro Cap Value Fund | 0.00% | 0.00% | 0.00% | 22.38% | 13.06% | 9.03% | 13.59% | 7.98% | 1.67% | 12.13% | 15.73% | 17.79% |
IWM iShares Russell 2000 ETF | 1.21% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% | 1.23% |
Drawdowns
WAMVX vs. IWM - Drawdown Comparison
The maximum WAMVX drawdown since its inception was -60.71%, roughly equal to the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for WAMVX and IWM. For additional features, visit the drawdowns tool.
Volatility
WAMVX vs. IWM - Volatility Comparison
Wasatch Micro Cap Value Fund (WAMVX) and iShares Russell 2000 ETF (IWM) have volatilities of 6.21% and 6.28%, 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.