WCMIX vs. IMTM
Compare and contrast key facts about WCM Focused International Growth Fund (WCMIX) and iShares MSCI Intl Momentum Factor ETF (IMTM).
WCMIX is managed by WCM Investment Management. It was launched on May 30, 2011. IMTM is a passively managed fund by iShares that tracks the performance of the MSCI World ex USA Momentum. It was launched on Jan 13, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WCMIX or IMTM.
Performance
WCMIX vs. IMTM - Performance Comparison
Returns By Period
In the year-to-date period, WCMIX achieves a 12.04% return, which is significantly lower than IMTM's 14.61% return.
WCMIX
12.04%
-2.63%
1.27%
17.51%
7.41%
8.03%
IMTM
14.61%
-1.47%
0.03%
18.83%
7.97%
N/A
Key characteristics
| WCMIX | IMTM | |
|---|---|---|
| Sharpe Ratio | 1.23 | 1.21 |
| Sortino Ratio | 1.80 | 1.68 |
| Omega Ratio | 1.21 | 1.22 |
| Calmar Ratio | 0.65 | 1.57 |
| Martin Ratio | 6.29 | 5.84 |
| Ulcer Index | 2.81% | 3.23% |
| Daily Std Dev | 14.40% | 15.55% |
| Max Drawdown | -42.39% | -30.68% |
| Current Drawdown | -14.34% | -5.69% |
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WCMIX vs. IMTM - Expense Ratio Comparison
WCMIX has a 1.04% expense ratio, which is higher than IMTM's 0.30% expense ratio.
Correlation
The correlation between WCMIX and IMTM is 0.79, 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
WCMIX vs. IMTM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WCM Focused International Growth Fund (WCMIX) and iShares MSCI Intl Momentum Factor ETF (IMTM). 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
WCMIX vs. IMTM - Dividend Comparison
WCMIX has not paid dividends to shareholders, while IMTM's dividend yield for the trailing twelve months is around 2.24%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WCMIX WCM Focused International Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.06% | 0.22% | 0.38% | 0.45% | 0.51% | 0.32% | 0.23% | 0.27% |
IMTM iShares MSCI Intl Momentum Factor ETF | 2.24% | 2.29% | 2.68% | 5.41% | 0.97% | 2.13% | 2.36% | 1.91% | 2.75% | 1.56% | 0.00% | 0.00% |
Drawdowns
WCMIX vs. IMTM - Drawdown Comparison
The maximum WCMIX drawdown since its inception was -42.39%, which is greater than IMTM's maximum drawdown of -30.68%. Use the drawdown chart below to compare losses from any high point for WCMIX and IMTM. For additional features, visit the drawdowns tool.
Volatility
WCMIX vs. IMTM - Volatility Comparison
WCM Focused International Growth Fund (WCMIX) has a higher volatility of 3.62% compared to iShares MSCI Intl Momentum Factor ETF (IMTM) at 3.42%. This indicates that WCMIX's price experiences larger fluctuations and is considered to be riskier than IMTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.