WIGRX vs. HSPGX
WIGRX (Wasatch Core Growth Fund Institutional Class) and HSPGX (Emerald Growth Fund) are both Small Cap Growth Equities funds. Over the past 10 years, WIGRX returned 10.84%/yr vs 15.55%/yr for HSPGX. Their correlation of 0.88 means they have usually moved in the same direction. WIGRX charges 1.05%/yr vs 1.03%/yr for HSPGX.
Performance
WIGRX vs. HSPGX - Performance Comparison
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Returns By Period
In the year-to-date period, WIGRX achieves a 5.10% return, which is significantly lower than HSPGX's 25.46% return. Over the past 10 years, WIGRX has underperformed HSPGX with an annualized return of 10.84%, while HSPGX has yielded a comparatively higher 15.55% annualized return.
WIGRX
- 1D
- 1.54%
- 1M
- -2.19%
- 6M
- -0.36%
- YTD
- 5.10%
- 1Y
- -2.81%
- 3Y*
- 5.83%
- 5Y*
- 0.68%
- 10Y*
- 10.84%
- ALL TIME*
- 11.33%
HSPGX
- 1D
- 0.36%
- 1M
- -6.33%
- 6M
- 16.74%
- YTD
- 25.46%
- 1Y
- 52.19%
- 3Y*
- 28.80%
- 5Y*
- 13.57%
- 10Y*
- 15.55%
- ALL TIME*
- 11.00%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
HSPGX Emerald Growth Fund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
WIGRX vs. HSPGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WIGRX Wasatch Core Growth Fund Institutional Class | 5.10% | -10.26% | 13.24% | 33.58% | -30.75% | 20.89% | 36.92% | 33.49% | -3.63% | 24.47% |
HSPGX Emerald Growth Fund | 25.46% | 31.62% | 28.04% | 18.66% | -24.65% | 3.59% | 38.49% | 28.33% | -12.16% | 27.72% |
Correlation
The correlation between WIGRX and HSPGX is 0.80, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.88 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.89 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2012 | 0.88 |
The correlation between WIGRX and HSPGX has been stable across timeframes, ranging from 0.80 to 0.89 - a consistent structural relationship.
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Return for Risk
WIGRX vs. HSPGX — Risk / Return Rank
WIGRX
HSPGX
WIGRX vs. HSPGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Core Growth Fund Institutional Class (WIGRX) and Emerald Growth Fund (HSPGX). 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.
| WIGRX | HSPGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.08 | ||
| Sortino ratioReturn per unit of downside risk | -2.64 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.31 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | 3.68 | -3.85 |
| Martin ratioReturn relative to average drawdown | -0.45 | 13.62 | -14.06 |
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Drawdowns
WIGRX vs. HSPGX - Drawdown Comparison
The maximum WIGRX drawdown since its inception was -40.07%, smaller than the maximum HSPGX drawdown of -60.28%. Use the drawdown chart below to compare losses from any high point for WIGRX and HSPGX.
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Drawdown Indicators
| WIGRX | HSPGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.07% | -60.28% | +20.21% |
Max Drawdown (1Y)Largest decline over 1 year | -15.43% | -14.41% | -1.02% |
Max Drawdown (3Y)Largest decline over 3 years | -27.59% | -28.63% | +1.04% |
Max Drawdown (5Y)Largest decline over 5 years | -40.07% | -38.65% | -1.42% |
Max Drawdown (10Y)Largest decline over 10 years | -40.07% | -41.48% | +1.41% |
Current DrawdownCurrent decline from peak | -14.63% | -9.10% | -5.53% |
Average DrawdownAverage peak-to-trough decline | -8.60% | -18.94% | +10.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.04% | 3.87% | +2.17% |
Volatility
WIGRX vs. HSPGX - Volatility Comparison
The current volatility for Wasatch Core Growth Fund Institutional Class (WIGRX) is 4.95%, while Emerald Growth Fund (HSPGX) has a volatility of 7.29%. This indicates that WIGRX experiences smaller price fluctuations and is considered to be less risky than HSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WIGRX | HSPGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.95% | 7.29% | -2.34% |
Volatility (6M)Calculated over the trailing 6-month period | 14.48% | 21.20% | -6.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.64% | 27.26% | -7.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.10% | 25.82% | -2.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.08% | 25.27% | -2.19% |
WIGRX vs. HSPGX - Expense Ratio Comparison
WIGRX has a 1.05% expense ratio, which is higher than HSPGX's 1.03% expense ratio.
Dividends
WIGRX vs. HSPGX - Dividend Comparison
WIGRX's dividend yield for the trailing twelve months is around 7.94%, less than HSPGX's 10.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSPGX Emerald Growth Fund | 10.16% | 12.74% | 21.85% | 6.43% | 8.77% | 19.11% | 8.48% | 1.45% | 11.86% | 0.00% | 0.00% | 0.00% |
WIGRX Wasatch Core Growth Fund Institutional Class | 7.94% | 8.34% | 9.02% | 0.00% | 0.70% | 16.54% | 7.12% | 10.61% | 10.06% | 6.20% | 0.20% | 12.66% |
Frequently Asked Questions
WIGRX and HSPGX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSPGX has higher volatility (7.29%) compared to WIGRX (4.95%). In terms of maximum drawdown, WIGRX dropped -40.07% vs HSPGX's -60.28%.
HSPGX currently has the higher Sharpe Ratio (1.95 vs -0.14), 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.
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