WCMNX vs. WLIVX

Last updated Jun 24, 2026

WCMNX (WCM Small Cap Growth Fund) and WLIVX (WCM Focused International Value Fund) are both mutual funds - WCMNX is a Small Cap Growth Equities fund managed by WCM Investment Management, while WLIVX is a Foreign Large Cap Equities fund managed by WCM Investment Management. Over the past 5 years, WCMNX returned 1.91%/yr vs 11.09%/yr for WLIVX. A 0.75 correlation means they provide meaningful diversification when combined. WCMNX charges 1.24%/yr vs 1.50%/yr for WLIVX.

Performance

WCMNX vs. WLIVX - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with WCMNX having a 14.91% return and WLIVX slightly lower at 14.88%.

WCMNX

• 1D: 1.17%
• 1M: 6.28%
• YTD: 14.91%
• 6M: 12.34%
• 1Y: 30.58%
• 3Y*: 11.51%
• 5Y*: 1.91%
• 10Y*: —

WLIVX

• 1D: 0.30%
• 1M: 4.25%
• YTD: 14.88%
• 6M: 14.15%
• 1Y: 37.06%
• 3Y*: 27.23%
• 5Y*: 11.09%
• 10Y*: —

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

WCMNX vs. WLIVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
WCMNX WCM Small Cap Growth Fund	14.91%	7.82%	4.02%	15.64%	-23.47%	5.06%	45.24%
WLIVX WCM Focused International Value Fund	14.88%	40.75%	12.13%	18.08%	-26.40%	17.41%	31.80%

Correlation

The correlation between WCMNX and WLIVX is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since Jun 29, 2020	0.75

The correlation between WCMNX and WLIVX has been stable across timeframes, ranging from 0.71 to 0.76 - a consistent structural relationship.

Return for Risk

WCMNX vs. WLIVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WCMNX

WCMNX Risk / Return Rank: 31
WCMNX Sharpe Ratio Rank: 31
WCMNX Sortino Ratio Rank: 32
WCMNX Omega Ratio Rank: 28
WCMNX Calmar Ratio Rank: 32
WCMNX Martin Ratio Rank: 32

WLIVX

WLIVX Risk / Return Rank: 64
WLIVX Sharpe Ratio Rank: 60
WLIVX Sortino Ratio Rank: 60
WLIVX Omega Ratio Rank: 55
WLIVX Calmar Ratio Rank: 76
WLIVX Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WCMNX vs. WLIVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WCM Small Cap Growth Fund (WCMNX) and WCM Focused International Value Fund (WLIVX). 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	WLIVX	Difference
Sharpe ratio: Return per unit of total volatility	1.48	2.10	-0.62
Sortino ratio: Return per unit of downside risk	2.18	2.97	-0.79
Omega ratio: Gain probability vs. loss probability	1.26	1.38	-0.12
Calmar ratio: Return relative to maximum drawdown	1.99	3.29	-1.31
Martin ratio: Return relative to average drawdown	6.90	12.47	-5.57

WCMNX vs. WLIVX - Sharpe Ratio Comparison

The current WCMNX Sharpe Ratio is 1.48, which is comparable to the WLIVX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of WCMNX and WLIVX, 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. WLIVX - Drawdown Comparison

The maximum WCMNX drawdown since its inception was -40.70%, which is greater than WLIVX's maximum drawdown of -37.86%. Use the drawdown chart below to compare losses from any high point for WCMNX and WLIVX.

Drawdown Indicators

	WCMNX	WLIVX	Difference
Max Drawdown Largest peak-to-trough decline	-40.70%	-37.86%	-2.84%
Max Drawdown (1Y) Largest decline over 1 year	-16.38%	-11.65%	-4.73%
Max Drawdown (3Y) Largest decline over 3 years	-30.18%	-16.44%	-13.74%
Max Drawdown (5Y) Largest decline over 5 years	-38.13%	-37.86%	-0.27%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-13.89%	-10.44%	-3.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.69%	3.06%	+1.63%

Volatility

WCMNX vs. WLIVX - Volatility Comparison

WCM Small Cap Growth Fund (WCMNX) has a higher volatility of 7.24% compared to WCM Focused International Value Fund (WLIVX) at 6.15%. This indicates that WCMNX's price experiences larger fluctuations and is considered to be riskier than WLIVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WCMNX	WLIVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.24%	6.15%	+1.09%
Volatility (6M) Calculated over the trailing 6-month period	16.73%	15.48%	+1.25%
Volatility (1Y) Calculated over the trailing 1-year period	22.02%	18.30%	+3.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.88%	18.63%	+6.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.23%	18.15%	+9.08%

WCMNX vs. WLIVX - Expense Ratio Comparison

WCMNX has a 1.24% expense ratio, which is lower than WLIVX's 1.50% expense ratio.

Dividends

WCMNX vs. WLIVX - Dividend Comparison

WCMNX's dividend yield for the trailing twelve months is around 0.86%, less than WLIVX's 1.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
WCMNX WCM Small Cap Growth Fund	0.86%	0.99%	0.00%	0.00%	0.18%	9.16%	1.07%
WLIVX WCM Focused International Value Fund	1.92%	2.20%	1.31%	0.65%	0.32%	0.03%	0.00%

Frequently Asked Questions

Can I hold both WCMNX and WLIVX in my portfolio?

WCMNX and WLIVX have a correlation of 0.71, 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 WLIVX?

WCMNX has higher volatility (7.24%) compared to WLIVX (6.15%). In terms of maximum drawdown, WCMNX dropped -40.70% vs WLIVX's -37.86%.

Which has better risk-adjusted returns?

WLIVX currently has the higher Sharpe Ratio (2.10 vs 1.48), 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.