WEBAX vs. WEMMX
WEBAX (TETON Westwood Balanced Fund) and WEMMX (TETON Westwood Mighty Mites Fund) are both mutual funds - WEBAX is a Diversified Portfolio fund managed by Teton Westwood, while WEMMX is a Small Cap Blend Equities fund managed by Teton Westwood. Over the past 10 years, WEBAX returned 6.79%/yr vs 9.67%/yr for WEMMX. A 0.72 correlation means they provide meaningful diversification when combined. Both charge a 1.41% expense ratio.
Performance
WEBAX vs. WEMMX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WEBAX achieves a 4.31% return, which is significantly lower than WEMMX's 26.15% return. Over the past 10 years, WEBAX has underperformed WEMMX with an annualized return of 6.79%, while WEMMX has yielded a comparatively higher 9.67% annualized return.
WEBAX
- 1D
- 0.62%
- 1M
- 0.10%
- YTD
- 4.31%
- 6M
- 4.09%
- 1Y
- 11.12%
- 3Y*
- 8.96%
- 5Y*
- 5.19%
- 10Y*
- 6.79%
WEMMX
- 1D
- 1.52%
- 1M
- 7.89%
- YTD
- 26.15%
- 6M
- 23.90%
- 1Y
- 40.85%
- 3Y*
- 16.31%
- 5Y*
- 7.24%
- 10Y*
- 9.67%
WEBAX vs. WEMMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WEBAX TETON Westwood Balanced Fund | 4.31% | 7.91% | 9.63% | 9.71% | -12.42% | 14.66% | 4.60% | 18.75% | -3.66% | 14.15% |
WEMMX TETON Westwood Mighty Mites Fund | 26.15% | 11.02% | 3.83% | 13.53% | -15.37% | 21.44% | 10.02% | 16.94% | -13.69% | 15.47% |
Correlation
The correlation between WEBAX and WEMMX is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since May 11, 1998 | 0.72 |
The correlation between WEBAX and WEMMX has been stable across timeframes, ranging from 0.72 to 0.78 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WEBAX vs. WEMMX — Risk / Return Rank
WEBAX
WEMMX
WEBAX vs. WEMMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TETON Westwood Balanced Fund (WEBAX) and TETON Westwood Mighty Mites Fund (WEMMX). 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.
| WEBAX | WEMMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.38 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 4.40 | -2.44 |
| Martin ratioReturn relative to average drawdown | 8.00 | 13.52 | -5.52 |
Loading charts...
Drawdowns
WEBAX vs. WEMMX - Drawdown Comparison
The maximum WEBAX drawdown since its inception was -34.24%, smaller than the maximum WEMMX drawdown of -42.48%. Use the drawdown chart below to compare losses from any high point for WEBAX and WEMMX.
Loading charts...
Drawdown Indicators
| WEBAX | WEMMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.24% | -42.48% | +8.24% |
Max Drawdown (1Y)Largest decline over 1 year | -5.73% | -9.31% | +3.58% |
Max Drawdown (3Y)Largest decline over 3 years | -10.44% | -21.44% | +11.00% |
Max Drawdown (5Y)Largest decline over 5 years | -19.20% | -27.11% | +7.91% |
Max Drawdown (10Y)Largest decline over 10 years | -23.43% | -41.73% | +18.30% |
Current DrawdownCurrent decline from peak | -0.71% | 0.00% | -0.71% |
Average DrawdownAverage peak-to-trough decline | -3.82% | -6.61% | +2.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.40% | 3.02% | -1.62% |
Volatility
WEBAX vs. WEMMX - Volatility Comparison
The current volatility for TETON Westwood Balanced Fund (WEBAX) is 2.88%, while TETON Westwood Mighty Mites Fund (WEMMX) has a volatility of 5.46%. This indicates that WEBAX experiences smaller price fluctuations and is considered to be less risky than WEMMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WEBAX | WEMMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.88% | 5.46% | -2.58% |
Volatility (6M)Calculated over the trailing 6-month period | 6.28% | 12.91% | -6.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.73% | 17.95% | -10.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.26% | 19.01% | -8.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.74% | 20.49% | -9.75% |
WEBAX vs. WEMMX - Expense Ratio Comparison
Both WEBAX and WEMMX have an expense ratio of 1.41%.
Dividends
WEBAX vs. WEMMX - Dividend Comparison
WEBAX's dividend yield for the trailing twelve months is around 13.86%, less than WEMMX's 18.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WEBAX TETON Westwood Balanced Fund | 13.86% | 14.68% | 7.48% | 3.69% | 7.37% | 13.13% | 5.13% | 7.79% | 13.20% | 7.23% | 6.40% | 8.36% |
WEMMX TETON Westwood Mighty Mites Fund | 18.08% | 22.80% | 26.79% | 18.86% | 13.60% | 15.44% | 9.23% | 4.11% | 4.16% | 6.44% | 4.61% | 2.35% |
Frequently Asked Questions
WEBAX and WEMMX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WEMMX has higher volatility (5.46%) compared to WEBAX (2.88%). In terms of maximum drawdown, WEBAX dropped -34.24% vs WEMMX's -42.48%.
WEMMX currently has the higher Sharpe Ratio (2.28 vs 1.45), 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.
Find the right allocation for WEBAX and WEMMX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer