WFEMX vs. GTDDX

Last updated Jul 11, 2026

WFEMX (WCM Focused Emerging Markets Fund) and GTDDX (Invesco EQV Emerging Markets All Cap Fd) are both Emerging Markets Diversified funds. Over the past 10 years, WFEMX returned 10.28%/yr vs 9.14%/yr for GTDDX. Their correlation of 0.85 suggests significant overlap in exposure. WFEMX charges 1.50%/yr vs 1.39%/yr for GTDDX.

Performance

WFEMX vs. GTDDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WCM Focused Emerging Markets Fund (WFEMX) and Invesco EQV Emerging Markets All Cap Fd (GTDDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WFEMX achieves a 23.90% return, which is significantly lower than GTDDX's 38.78% return. Over the past 10 years, WFEMX has outperformed GTDDX with an annualized return of 10.28%, while GTDDX has yielded a comparatively lower 9.14% annualized return.

WFEMX

• 1D: 1.68%
• 1M: 0.30%
• 6M: 19.45%
• YTD: 23.90%
• 1Y: 36.88%
• 3Y*: 22.76%
• 5Y*: 3.88%
• 10Y*: 10.28%

GTDDX

• 1D: -0.19%
• 1M: -2.65%
• 6M: 33.40%
• YTD: 38.78%
• 1Y: 59.67%
• 3Y*: 21.64%
• 5Y*: 8.25%
• 10Y*: 9.14%

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

WFEMX vs. GTDDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WFEMX WCM Focused Emerging Markets Fund	23.90%	31.13%	9.81%	4.25%	-30.86%	-1.94%	36.15%	37.44%	-12.71%	40.94%
GTDDX Invesco EQV Emerging Markets All Cap Fd	38.78%	29.88%	-0.66%	8.82%	-17.70%	-7.00%	17.19%	29.99%	-18.77%	30.34%

Correlation

The correlation between WFEMX and GTDDX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jul 2, 2013	0.85

The correlation between WFEMX and GTDDX has been stable across timeframes, ranging from 0.83 to 0.86 - a consistent structural relationship.

Return for Risk

WFEMX vs. GTDDX — Risk / Return Rank

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

WFEMX

WFEMX Risk / Return Rank: 62
WFEMX Sharpe Ratio Rank: 54
WFEMX Sortino Ratio Rank: 45
WFEMX Omega Ratio Rank: 56
WFEMX Calmar Ratio Rank: 87
WFEMX Martin Ratio Rank: 66

GTDDX

GTDDX Risk / Return Rank: 90
GTDDX Sharpe Ratio Rank: 94
GTDDX Sortino Ratio Rank: 85
GTDDX Omega Ratio Rank: 87
GTDDX Calmar Ratio Rank: 93
GTDDX Martin Ratio Rank: 93

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.

WFEMX vs. GTDDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WCM Focused Emerging Markets Fund (WFEMX) and Invesco EQV Emerging Markets All Cap Fd (GTDDX). 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.

	WFEMX	GTDDX	Difference
Sharpe ratio: Return per unit of total volatility	1.64	2.69	-1.05
Sortino ratio: Return per unit of downside risk	2.15	3.28	-1.13
Omega ratio: Gain probability vs. loss probability	1.31	1.49	-0.18
Calmar ratio: Return relative to maximum drawdown	3.41	4.20	-0.78
Martin ratio: Return relative to average drawdown	9.81	15.06	-5.25

WFEMX vs. GTDDX - Sharpe Ratio Comparison

The current WFEMX Sharpe Ratio is 1.64, which is lower than the GTDDX Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of WFEMX and GTDDX, 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

WFEMX vs. GTDDX - Drawdown Comparison

The maximum WFEMX drawdown since its inception was -46.28%, smaller than the maximum GTDDX drawdown of -62.89%. Use the drawdown chart below to compare losses from any high point for WFEMX and GTDDX.

Drawdown Indicators

	WFEMX	GTDDX	Difference
Max Drawdown Largest peak-to-trough decline	-46.28%	-62.89%	+16.61%
Max Drawdown (1Y) Largest decline over 1 year	-10.73%	-14.49%	+3.76%
Max Drawdown (3Y) Largest decline over 3 years	-19.06%	-16.08%	-2.98%
Max Drawdown (5Y) Largest decline over 5 years	-44.91%	-34.92%	-9.99%
Max Drawdown (10Y) Largest decline over 10 years	-46.28%	-39.58%	-6.70%
Current Drawdown Current decline from peak	-4.95%	-7.46%	+2.51%
Average Drawdown Average peak-to-trough decline	-14.84%	-18.71%	+3.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.71%	4.02%	-0.31%

Volatility

WFEMX vs. GTDDX - Volatility Comparison

WCM Focused Emerging Markets Fund (WFEMX) and Invesco EQV Emerging Markets All Cap Fd (GTDDX) have volatilities of 11.23% and 10.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WFEMX	GTDDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.23%	10.86%	+0.37%
Volatility (6M) Calculated over the trailing 6-month period	19.55%	20.72%	-1.17%
Volatility (1Y) Calculated over the trailing 1-year period	22.30%	22.61%	-0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.33%	17.23%	+2.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.99%	17.24%	+1.75%

WFEMX vs. GTDDX - Expense Ratio Comparison

WFEMX has a 1.50% expense ratio, which is higher than GTDDX's 1.39% expense ratio.

Dividends

WFEMX vs. GTDDX - Dividend Comparison

WFEMX has not paid dividends to shareholders, while GTDDX's dividend yield for the trailing twelve months is around 15.22%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GTDDX Invesco EQV Emerging Markets All Cap Fd	15.22%	21.13%	1.16%	1.51%	1.17%	4.46%	5.05%	1.49%	1.53%	0.71%	0.86%	0.99%
WFEMX WCM Focused Emerging Markets Fund	0.00%	0.00%	0.00%	0.15%	0.32%	4.42%	0.88%	0.37%	0.76%	0.76%	0.76%	0.29%

Frequently Asked Questions

Can I hold both WFEMX and GTDDX in my portfolio?

WFEMX and GTDDX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WFEMX or GTDDX?

WFEMX has higher volatility (11.23%) compared to GTDDX (10.86%). In terms of maximum drawdown, WFEMX dropped -46.28% vs GTDDX's -62.89%.

Which has better risk-adjusted returns?

GTDDX currently has the higher Sharpe Ratio (2.69 vs 1.64), 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.