WMICX vs. SPY
Compare and contrast key facts about Wasatch Micro Cap Fund (WMICX) and SPDR S&P 500 ETF (SPY).
WMICX is managed by Wasatch. It was launched on Jun 19, 1995. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WMICX or SPY.
Correlation
The correlation between WMICX and SPY is 0.74, 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. SPY - Performance Comparison
Key characteristics
WMICX:
-0.09
SPY:
0.54
WMICX:
0.04
SPY:
0.89
WMICX:
1.00
SPY:
1.13
WMICX:
-0.04
SPY:
0.58
WMICX:
-0.23
SPY:
2.39
WMICX:
9.82%
SPY:
4.51%
WMICX:
24.43%
SPY:
20.07%
WMICX:
-72.45%
SPY:
-55.19%
WMICX:
-52.79%
SPY:
-10.54%
Returns By Period
In the year-to-date period, WMICX achieves a -17.05% return, which is significantly lower than SPY's -6.44% return. Over the past 10 years, WMICX has underperformed SPY with an annualized return of -1.80%, while SPY has yielded a comparatively higher 11.95% annualized return.
WMICX
-17.05%
-4.59%
-15.41%
-3.52%
1.03%
-1.80%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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WMICX vs. SPY - Expense Ratio Comparison
WMICX has a 1.63% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
WMICX vs. SPY — Risk-Adjusted Performance Rank
WMICX
SPY
WMICX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Micro Cap Fund (WMICX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
WMICX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.31%.
TTM | 2024 | 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% | 0.00% | 0.08% | 0.00% | 0.03% |
SPY SPDR S&P 500 ETF | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
WMICX vs. SPY - Drawdown Comparison
The maximum WMICX drawdown since its inception was -72.45%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for WMICX and SPY. For additional features, visit the drawdowns tool.
Volatility
WMICX vs. SPY - Volatility Comparison
The current volatility for Wasatch Micro Cap Fund (WMICX) is 12.79%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.13%. This indicates that WMICX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.