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:
1.04
SPY:
2.25
WMICX:
1.57
SPY:
2.99
WMICX:
1.19
SPY:
1.42
WMICX:
0.41
SPY:
3.34
WMICX:
6.32
SPY:
14.72
WMICX:
3.57%
SPY:
1.90%
WMICX:
21.68%
SPY:
12.45%
WMICX:
-72.45%
SPY:
-55.19%
WMICX:
-41.71%
SPY:
-0.73%
Returns By Period
In the year-to-date period, WMICX achieves a 23.83% return, which is significantly lower than SPY's 28.14% return. Over the past 10 years, WMICX has underperformed SPY with an annualized return of 0.93%, while SPY has yielded a comparatively higher 13.14% annualized return.
WMICX
23.83%
-3.64%
15.08%
22.22%
2.14%
0.93%
SPY
28.14%
0.45%
10.77%
27.82%
15.01%
13.14%
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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 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 1.17%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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) has a higher volatility of 5.31% compared to SPDR S&P 500 ETF (SPY) at 3.96%. This indicates that WMICX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.