Correlation
The correlation between WCQGX and SPY is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
WCQGX vs. SPY
Compare and contrast key facts about WCM China Quality Growth Fund (WCQGX) and SPDR S&P 500 ETF (SPY).
WCQGX is managed by WCM Investment Management. It was launched on Mar 30, 2020. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WCQGX or SPY.
Performance
WCQGX vs. SPY - Performance Comparison
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Key characteristics
WCQGX:
0.34
SPY:
0.70
WCQGX:
0.61
SPY:
1.02
WCQGX:
1.08
SPY:
1.15
WCQGX:
0.13
SPY:
0.68
WCQGX:
0.68
SPY:
2.57
WCQGX:
11.51%
SPY:
4.93%
WCQGX:
26.49%
SPY:
20.42%
WCQGX:
-59.33%
SPY:
-55.19%
WCQGX:
-48.35%
SPY:
-3.55%
Returns By Period
In the year-to-date period, WCQGX achieves a 8.58% return, which is significantly higher than SPY's 0.87% return.
WCQGX
8.58%
2.63%
10.41%
9.02%
-5.56%
-0.67%
N/A
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
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WCQGX vs. SPY - Expense Ratio Comparison
WCQGX has a 1.50% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
WCQGX vs. SPY — Risk-Adjusted Performance Rank
WCQGX
SPY
WCQGX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WCM China Quality Growth Fund (WCQGX) and SPDR S&P 500 ETF (SPY). 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.
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Dividends
WCQGX vs. SPY - Dividend Comparison
WCQGX's dividend yield for the trailing twelve months is around 1.86%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WCQGX WCM China Quality Growth Fund | 1.86% | 2.02% | 0.82% | 0.15% | 8.54% | 2.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
WCQGX vs. SPY - Drawdown Comparison
The maximum WCQGX drawdown since its inception was -59.33%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for WCQGX and SPY.
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Volatility
WCQGX vs. SPY - Volatility Comparison
WCM China Quality Growth Fund (WCQGX) has a higher volatility of 5.77% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that WCQGX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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