WLIVX vs. WCFOX

Last updated Jun 3, 2026

WLIVX (WCM Focused International Value Fund) and WCFOX (WCM Focused International Opportunities Fund) are both mutual funds - WLIVX is a Foreign Large Cap Equities fund managed by WCM Investment Management, while WCFOX is a Foreign Small & Mid Cap Equities fund managed by WCM Investment Management. Over the past 5 years, WLIVX returned 10.44%/yr vs 6.32%/yr for WCFOX. Their correlation of 0.90 suggests significant overlap in exposure. Both charge a 1.50% expense ratio.

Performance

WLIVX vs. WCFOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WCM Focused International Value Fund (WLIVX) and WCM Focused International Opportunities Fund (WCFOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WLIVX achieves a 12.72% return, which is significantly lower than WCFOX's 13.47% return.

WLIVX

• 1D: 1.06%
• 1M: 4.76%
• YTD: 12.72%
• 6M: 16.63%
• 1Y: 34.70%
• 3Y*: 26.03%
• 5Y*: 10.44%
• 10Y*: —

WCFOX

• 1D: 0.28%
• 1M: 5.58%
• YTD: 13.47%
• 6M: 15.10%
• 1Y: 26.23%
• 3Y*: 20.28%
• 5Y*: 6.32%
• 10Y*: —

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

WLIVX vs. WCFOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WLIVX WCM Focused International Value Fund	12.72%	40.75%	12.13%	18.08%	-26.40%	7.46%
WCFOX WCM Focused International Opportunities Fund	13.47%	31.45%	6.14%	25.65%	-35.42%	7.30%

Correlation

The correlation between WLIVX and WCFOX is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (All Time) Calculated using the full available price history since May 26, 2021	0.90

The correlation between WLIVX and WCFOX has been stable across timeframes, ranging from 0.90 to 0.90 - a consistent structural relationship.

Return for Risk

WLIVX vs. WCFOX — Risk / Return Rank

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

WLIVX

WLIVX Risk / Return Rank: 52
WLIVX Sharpe Ratio Rank: 49
WLIVX Sortino Ratio Rank: 50
WLIVX Omega Ratio Rank: 47
WLIVX Calmar Ratio Rank: 60
WLIVX Martin Ratio Rank: 57

WCFOX

WCFOX Risk / Return Rank: 25
WCFOX Sharpe Ratio Rank: 25
WCFOX Sortino Ratio Rank: 24
WCFOX Omega Ratio Rank: 26
WCFOX Calmar Ratio Rank: 24
WCFOX Martin Ratio Rank: 26

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.

WLIVX vs. WCFOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WCM Focused International Value Fund (WLIVX) and WCM Focused International Opportunities Fund (WCFOX). 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.

	WLIVX	WCFOX	Difference
Sharpe ratio Return per unit of total volatility	2.08	1.43	+0.65
Sortino ratio Return per unit of downside risk	2.98	2.06	+0.92
Omega ratio Gain probability vs. loss probability	1.37	1.27	+0.10
Calmar ratio Return relative to maximum drawdown	2.98	1.81	+1.16
Martin ratio Return relative to average drawdown	11.45	6.36	+5.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WLIVX vs. WCFOX - Sharpe Ratio Comparison

The current WLIVX Sharpe Ratio is 2.08, which is higher than the WCFOX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of WLIVX and WCFOX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WLIVX	WCFOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.08	1.43	+0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.30	+0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.31	+0.57

Drawdowns

WLIVX vs. WCFOX - Drawdown Comparison

The maximum WLIVX drawdown since its inception was -37.86%, smaller than the maximum WCFOX drawdown of -49.83%. Use the drawdown chart below to compare losses from any high point for WLIVX and WCFOX.

Drawdown Indicators

	WLIVX	WCFOX	Difference
Max Drawdown Largest peak-to-trough decline	-37.86%	-49.83%	+11.97%
Max Drawdown (1Y) Largest decline over 1 year	-11.65%	-15.13%	+3.48%
Max Drawdown (3Y) Largest decline over 3 years	-16.44%	-19.34%	+2.90%
Max Drawdown (5Y) Largest decline over 5 years	-37.86%	-49.83%	+11.97%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-10.53%	-21.72%	+11.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.03%	4.31%	-1.28%

Volatility

WLIVX vs. WCFOX - Volatility Comparison

The current volatility for WCM Focused International Value Fund (WLIVX) is 5.54%, while WCM Focused International Opportunities Fund (WCFOX) has a volatility of 6.23%. This indicates that WLIVX experiences smaller price fluctuations and is considered to be less risky than WCFOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WLIVX	WCFOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.54%	6.23%	-0.69%
Volatility (6M) Calculated over the trailing 6-month period	14.62%	16.77%	-2.15%
Volatility (1Y) Calculated over the trailing 1-year period	17.62%	19.42%	-1.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.46%	21.38%	-2.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.08%	21.35%	-3.27%

WLIVX vs. WCFOX - Expense Ratio Comparison

Both WLIVX and WCFOX have an expense ratio of 1.50%.

Dividends

WLIVX vs. WCFOX - Dividend Comparison

WLIVX's dividend yield for the trailing twelve months is around 1.95%, more than WCFOX's 0.29% yield.

Position	TTM	2025	2024	2023	2022	2021
WCFOX WCM Focused International Opportunities Fund	0.29%	0.33%	3.57%	0.24%	0.00%	0.12%
WLIVX WCM Focused International Value Fund	1.95%	2.20%	1.31%	0.65%	0.32%	0.03%

Frequently Asked Questions

Can I hold both WLIVX and WCFOX in my portfolio?

With a correlation of 0.90, WLIVX and WCFOX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, WLIVX or WCFOX?

WCFOX has higher volatility (6.23%) compared to WLIVX (5.54%). In terms of maximum drawdown, WLIVX dropped -37.86% vs WCFOX's -49.83%.

Which has better risk-adjusted returns?

WLIVX currently has the higher Sharpe Ratio (2.08 vs 1.43), 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.