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 0.73, 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:
-0.61
SPY:
-0.09
WMICX:
-0.74
SPY:
-0.02
WMICX:
0.91
SPY:
1.00
WMICX:
-0.25
SPY:
-0.09
WMICX:
-1.71
SPY:
-0.45
WMICX:
8.07%
SPY:
3.31%
WMICX:
22.59%
SPY:
15.87%
WMICX:
-72.45%
SPY:
-55.19%
WMICX:
-55.82%
SPY:
-17.32%
Returns By Period
In the year-to-date period, WMICX achieves a -22.37% return, which is significantly lower than SPY's -13.53% return. Over the past 10 years, WMICX has underperformed SPY with an annualized return of -2.52%, while SPY has yielded a comparatively higher 11.25% annualized return.
WMICX
-22.37%
-12.18%
-19.65%
-13.48%
4.00%
-2.52%
SPY
-13.53%
-13.08%
-11.25%
-0.26%
17.01%
11.25%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 1.42%.
| 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 | 1.42% | 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
Wasatch Micro Cap Fund (WMICX) and SPDR S&P 500 ETF (SPY) have volatilities of 9.46% and 9.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.