WCMNX vs. WFGGX

Last updated Aug 1, 2026

WCMNX (WCM Small Cap Growth Fund) and WFGGX (WCM Focused Global Growth Fund) are both mutual funds - WCMNX is a Small Cap Growth Equities fund managed by WCM, while WFGGX is a Global Equities fund managed by WCM. Over the past 5 years, WCMNX returned 1.07%/yr vs 9.62%/yr for WFGGX. Their 0.77 correlation means they have sometimes moved together and sometimes differently. WCMNX charges 1.24%/yr vs 1.30%/yr for WFGGX.

Performance

WCMNX vs. WFGGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WCM Small Cap Growth Fund (WCMNX) and WCM Focused Global Growth Fund (WFGGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WCMNX achieves a 8.78% return, which is significantly higher than WFGGX's 8.33% return.

WCMNX

• 1D: 1.38%
• 1M: -5.75%
• 6M: 3.80%
• YTD: 8.78%
• 1Y: 17.47%
• 3Y*: 6.50%
• 5Y*: 1.07%
• 10Y*: —
• ALL TIME*: 7.66%

WFGGX

• 1D: 2.47%
• 1M: -4.65%
• 6M: 2.59%
• YTD: 8.33%
• 1Y: 17.54%
• 3Y*: 22.82%
• 5Y*: 9.62%
• 10Y*: 14.38%
• ALL TIME*: 13.75%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
WCMNX WCM Small Cap Growth Fund	$0.00	$0.00	$0.00
WFGGX WCM Focused Global Growth Fund	$0.00	$0.00	$0.00

WCMNX vs. WFGGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
WCMNX WCM Small Cap Growth Fund	8.78%	7.82%	4.02%	15.64%	-23.47%	5.06%	38.85%	4.50%
WFGGX WCM Focused Global Growth Fund	8.33%	24.09%	30.71%	26.13%	-30.75%	14.62%	39.10%	6.17%

Correlation

The correlation between WCMNX and WFGGX is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.56
Correlation (3Y) Balances recent behavior with more history.	0.65
Correlation (5Y) Shows whether the relationship held over a longer period.	0.76
Correlation (All Time) Calculated using the full available price history since Oct 30, 2019	0.77

Over the past year, the correlation between WCMNX and WFGGX has dropped to 0.56 - well below their long-term average of 0.77, suggesting their price drivers have been diverging.

Return for Risk

WCMNX vs. WFGGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WCMNX

WCMNX Risk / Return Rank: 18
WCMNX Sharpe Ratio Rank: 16
WCMNX Sortino Ratio Rank: 18
WCMNX Omega Ratio Rank: 16
WCMNX Calmar Ratio Rank: 17
WCMNX Martin Ratio Rank: 20

WFGGX

WFGGX Risk / Return Rank: 36
WFGGX Sharpe Ratio Rank: 32
WFGGX Sortino Ratio Rank: 34
WFGGX Omega Ratio Rank: 31
WFGGX Calmar Ratio Rank: 40
WFGGX Martin Ratio Rank: 41

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WCMNX vs. WFGGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WCM Small Cap Growth Fund (WCMNX) and WCM Focused Global Growth Fund (WFGGX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WCMNX	WFGGX	Difference
Sharpe ratio: Return per unit of total volatility	0.65	1.05	-0.41
Sortino ratio: Return per unit of downside risk	1.09	1.61	-0.52
Omega ratio: Gain probability vs. loss probability	1.12	1.19	-0.07
Calmar ratio: Return relative to maximum drawdown	0.88	1.66	-0.78
Martin ratio: Return relative to average drawdown	2.90	5.95	-3.05

WCMNX vs. WFGGX - Sharpe Ratio Comparison

The current WCMNX Sharpe Ratio is 0.65, which is lower than the WFGGX Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of WCMNX and WFGGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WCMNX vs. WFGGX - Drawdown Comparison

The maximum WCMNX drawdown since its inception was -40.70%, which is greater than WFGGX's maximum drawdown of -36.91%. Use the drawdown chart below to compare losses from any high point for WCMNX and WFGGX.

Drawdown Indicators

	WCMNX	WFGGX	Difference
Max Drawdown Largest peak-to-trough decline	-40.70%	-36.91%	-3.79%
Max Drawdown (1Y) Largest decline over 1 year	-16.38%	-12.62%	-3.76%
Max Drawdown (3Y) Largest decline over 3 years	-30.18%	-20.15%	-10.03%
Max Drawdown (5Y) Largest decline over 5 years	-38.13%	-36.91%	-1.22%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.91%	—
Current Drawdown Current decline from peak	-7.64%	-5.67%	-1.97%
Average Drawdown Average peak-to-trough decline	-13.73%	-6.74%	-6.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.95%	3.29%	+1.66%

Volatility

WCMNX vs. WFGGX - Volatility Comparison

The current volatility for WCM Small Cap Growth Fund (WCMNX) is 4.90%, while WCM Focused Global Growth Fund (WFGGX) has a volatility of 5.30%. This indicates that WCMNX experiences smaller price fluctuations and is considered to be less risky than WFGGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WCMNX	WFGGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.90%	5.30%	-0.40%
Volatility (6M) Calculated over the trailing 6-month period	16.89%	15.33%	+1.56%
Volatility (1Y) Calculated over the trailing 1-year period	22.26%	19.84%	+2.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.91%	20.53%	+4.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.11%	19.22%	+7.89%

WCMNX vs. WFGGX - Expense Ratio Comparison

WCMNX has a 1.24% expense ratio, which is lower than WFGGX's 1.30% expense ratio.

Dividends

WCMNX vs. WFGGX - Dividend Comparison

WCMNX's dividend yield for the trailing twelve months is around 0.91%, less than WFGGX's 3.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WCMNX WCM Small Cap Growth Fund	0.91%	0.99%	0.00%	0.00%	0.18%	9.16%	1.07%	0.00%	0.00%	0.00%	0.00%	0.00%
WFGGX WCM Focused Global Growth Fund	3.46%	3.75%	4.75%	0.00%	3.58%	10.47%	3.41%	1.77%	2.93%	1.49%	12.79%	0.38%

Frequently Asked Questions

Can I hold both WCMNX and WFGGX in my portfolio?

WCMNX and WFGGX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WCMNX or WFGGX?

WFGGX has higher volatility (5.30%) compared to WCMNX (4.90%). In terms of maximum drawdown, WCMNX dropped -40.70% vs WFGGX's -36.91%.

Which has better risk-adjusted returns?

WFGGX currently has the higher Sharpe Ratio (1.05 vs 0.65), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.