WFEMX vs. WFGGX

Last updated Jun 23, 2026

WFEMX (WCM Focused Emerging Markets Fund) and WFGGX (WCM Focused Global Growth Fund) are both mutual funds - WFEMX is a Emerging Markets Diversified fund managed by WCM Investment Management, while WFGGX is a Global Equities fund managed by WCM Investment Management. Over the past 10 years, WFEMX returned 11.10%/yr vs 15.55%/yr for WFGGX. A 0.72 correlation means they provide meaningful diversification when combined. WFEMX charges 1.50%/yr vs 1.30%/yr for WFGGX.

Performance

WFEMX vs. WFGGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WCM Focused Emerging Markets Fund (WFEMX) 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, WFEMX achieves a 29.51% return, which is significantly higher than WFGGX's 12.35% return. Over the past 10 years, WFEMX has underperformed WFGGX with an annualized return of 11.10%, while WFGGX has yielded a comparatively higher 15.55% annualized return.

WFEMX

• 1D: 3.00%
• 1M: 7.67%
• YTD: 29.51%
• 6M: 31.23%
• 1Y: 48.05%
• 3Y*: 23.00%
• 5Y*: 4.80%
• 10Y*: 11.10%

WFGGX

• 1D: 1.68%
• 1M: 5.27%
• YTD: 12.35%
• 6M: 11.66%
• 1Y: 25.71%
• 3Y*: 26.06%
• 5Y*: 11.68%
• 10Y*: 15.55%

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

WFEMX vs. WFGGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WFEMX WCM Focused Emerging Markets Fund	29.51%	31.13%	9.81%	4.25%	-30.86%	-1.94%	36.15%	37.44%	-12.71%	40.94%
WFGGX WCM Focused Global Growth Fund	12.35%	24.09%	30.71%	26.13%	-30.75%	14.62%	39.10%	33.46%	-3.53%	27.31%

Correlation

The correlation between WFEMX and WFGGX is 0.56, 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	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Jul 2, 2013	0.72

The correlation between WFEMX and WFGGX shifts across timeframes, from 0.56 (1 year) to 0.72 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WFEMX vs. WFGGX — Risk / Return Rank

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

WFEMX

WFEMX Risk / Return Rank: 74
WFEMX Sharpe Ratio Rank: 73
WFEMX Sortino Ratio Rank: 57
WFEMX Omega Ratio Rank: 71
WFEMX Calmar Ratio Rank: 92
WFEMX Martin Ratio Rank: 77

WFGGX

WFGGX Risk / Return Rank: 41
WFGGX Sharpe Ratio Rank: 37
WFGGX Sortino Ratio Rank: 37
WFGGX Omega Ratio Rank: 35
WFGGX Calmar Ratio Rank: 47
WFGGX Martin Ratio Rank: 49

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. WFGGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WCM Focused Emerging Markets Fund (WFEMX) 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.

	WFEMX	WFGGX	Difference
Sharpe ratio: Return per unit of total volatility	2.29	1.64	+0.66
Sortino ratio: Return per unit of downside risk	2.91	2.36	+0.55
Omega ratio: Gain probability vs. loss probability	1.43	1.29	+0.14
Calmar ratio: Return relative to maximum drawdown	4.53	2.52	+2.02
Martin ratio: Return relative to average drawdown	13.49	9.56	+3.93

WFEMX vs. WFGGX - Sharpe Ratio Comparison

The current WFEMX Sharpe Ratio is 2.29, which is higher than the WFGGX Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of WFEMX 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

WFEMX vs. WFGGX - Drawdown Comparison

The maximum WFEMX drawdown since its inception was -46.28%, which is greater than WFGGX's maximum drawdown of -36.91%. Use the drawdown chart below to compare losses from any high point for WFEMX and WFGGX.

Drawdown Indicators

	WFEMX	WFGGX	Difference
Max Drawdown Largest peak-to-trough decline	-46.28%	-36.91%	-9.37%
Max Drawdown (1Y) Largest decline over 1 year	-10.73%	-12.62%	+1.89%
Max Drawdown (3Y) Largest decline over 3 years	-19.06%	-20.15%	+1.09%
Max Drawdown (5Y) Largest decline over 5 years	-44.91%	-36.91%	-8.00%
Max Drawdown (10Y) Largest decline over 10 years	-46.28%	-36.91%	-9.37%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-14.88%	-6.77%	-8.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.59%	3.07%	+0.52%

Volatility

WFEMX vs. WFGGX - Volatility Comparison

WCM Focused Emerging Markets Fund (WFEMX) has a higher volatility of 10.69% compared to WCM Focused Global Growth Fund (WFGGX) at 6.47%. This indicates that WFEMX's price experiences larger fluctuations and is considered to be riskier than WFGGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WFEMX	WFGGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.69%	6.47%	+4.22%
Volatility (6M) Calculated over the trailing 6-month period	18.35%	15.32%	+3.03%
Volatility (1Y) Calculated over the trailing 1-year period	21.24%	19.44%	+1.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.09%	20.42%	-1.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.95%	19.22%	-0.27%

WFEMX vs. WFGGX - Expense Ratio Comparison

WFEMX has a 1.50% expense ratio, which is higher than WFGGX's 1.30% expense ratio.

Dividends

WFEMX vs. WFGGX - Dividend Comparison

WFEMX has not paid dividends to shareholders, while WFGGX's dividend yield for the trailing twelve months is around 3.34%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
WFGGX WCM Focused Global Growth Fund	3.34%	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 WFEMX and WFGGX in my portfolio?

WFEMX 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, WFEMX or WFGGX?

WFEMX has higher volatility (10.69%) compared to WFGGX (6.47%). In terms of maximum drawdown, WFEMX dropped -46.28% vs WFGGX's -36.91%.

Which has better risk-adjusted returns?

WFEMX currently has the higher Sharpe Ratio (2.29 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.