WMICX vs. PVIVX
Compare and contrast key facts about Wasatch Micro Cap Fund (WMICX) and Paradigm Micro-cap Fund (PVIVX).
WMICX is managed by Wasatch. It was launched on Jun 19, 1995. PVIVX is managed by Paradigm Funds. It was launched on Dec 31, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WMICX or PVIVX.
Key characteristics
| WMICX | PVIVX | |
|---|---|---|
| YTD Return | 27.63% | 14.47% |
| 1Y Return | 51.83% | 32.59% |
| 3Y Return (Ann) | -14.02% | 0.94% |
| 5Y Return (Ann) | 2.34% | 14.91% |
| 10Y Return (Ann) | 1.13% | 7.68% |
| Sharpe Ratio | 2.37 | 1.42 |
| Sortino Ratio | 3.27 | 2.01 |
| Omega Ratio | 1.40 | 1.25 |
| Calmar Ratio | 0.86 | 1.41 |
| Martin Ratio | 15.57 | 7.17 |
| Ulcer Index | 3.33% | 4.54% |
| Daily Std Dev | 21.86% | 22.88% |
| Max Drawdown | -72.45% | -54.12% |
| Current Drawdown | -39.92% | -2.89% |
Correlation
The correlation between WMICX and PVIVX is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
WMICX vs. PVIVX - Performance Comparison
In the year-to-date period, WMICX achieves a 27.63% return, which is significantly higher than PVIVX's 14.47% return. Over the past 10 years, WMICX has underperformed PVIVX with an annualized return of 1.13%, while PVIVX has yielded a comparatively higher 7.68% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WMICX vs. PVIVX - Expense Ratio Comparison
WMICX has a 1.63% expense ratio, which is higher than PVIVX's 1.25% expense ratio.
Risk-Adjusted Performance
WMICX vs. PVIVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Micro Cap Fund (WMICX) and Paradigm Micro-cap Fund (PVIVX). 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.
Dividends
WMICX vs. PVIVX - Dividend Comparison
Neither WMICX nor PVIVX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
WMICX Wasatch Micro Cap Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.00% | 0.03% |
PVIVX Paradigm Micro-cap Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WMICX vs. PVIVX - Drawdown Comparison
The maximum WMICX drawdown since its inception was -72.45%, which is greater than PVIVX's maximum drawdown of -54.12%. Use the drawdown chart below to compare losses from any high point for WMICX and PVIVX. For additional features, visit the drawdowns tool.
Volatility
WMICX vs. PVIVX - Volatility Comparison
Wasatch Micro Cap Fund (WMICX) has a higher volatility of 7.61% compared to Paradigm Micro-cap Fund (PVIVX) at 6.78%. This indicates that WMICX's price experiences larger fluctuations and is considered to be riskier than PVIVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.