WMICX vs. USNQX
Compare and contrast key facts about Wasatch Micro Cap Fund (WMICX) and USAA Nasdaq 100 Index Fund (USNQX).
WMICX is managed by Wasatch. It was launched on Jun 19, 1995. USNQX is managed by Victory Capital. It was launched on Oct 27, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WMICX or USNQX.
Key characteristics
| WMICX | USNQX | |
|---|---|---|
| YTD Return | 14.77% | 15.80% |
| 1Y Return | 25.40% | 28.35% |
| 3Y Return (Ann) | -7.21% | 8.64% |
| 5Y Return (Ann) | 9.93% | 20.29% |
| 10Y Return (Ann) | 12.41% | 17.48% |
| Sharpe Ratio | 1.07 | 1.47 |
| Daily Std Dev | 21.72% | 17.65% |
| Max Drawdown | -65.44% | -74.36% |
| Current Drawdown | -28.70% | -5.98% |
Correlation
The correlation between WMICX and USNQX is 0.77, 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. USNQX - Performance Comparison
In the year-to-date period, WMICX achieves a 14.77% return, which is significantly lower than USNQX's 15.80% return. Over the past 10 years, WMICX has underperformed USNQX with an annualized return of 12.41%, while USNQX has yielded a comparatively higher 17.48% 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. USNQX - Expense Ratio Comparison
WMICX has a 1.63% expense ratio, which is higher than USNQX's 0.42% expense ratio.
Risk-Adjusted Performance
WMICX vs. USNQX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Micro Cap Fund (WMICX) and USAA Nasdaq 100 Index Fund (USNQX). 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. USNQX - Dividend Comparison
WMICX has not paid dividends to shareholders, while USNQX's dividend yield for the trailing twelve months is around 2.24%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WMICX Wasatch Micro Cap Fund | 0.00% | 0.00% | 0.00% | 30.82% | 5.68% | 11.40% | 29.75% | 15.30% | 9.30% | 16.58% | 4.59% | 0.00% |
USNQX USAA Nasdaq 100 Index Fund | 2.24% | 2.60% | 4.13% | 4.48% | 1.53% | 0.88% | 0.69% | 1.97% | 0.50% | 2.73% | 0.21% | 0.28% |
Drawdowns
WMICX vs. USNQX - Drawdown Comparison
The maximum WMICX drawdown since its inception was -65.44%, smaller than the maximum USNQX drawdown of -74.36%. Use the drawdown chart below to compare losses from any high point for WMICX and USNQX. For additional features, visit the drawdowns tool.
Volatility
WMICX vs. USNQX - Volatility Comparison
Wasatch Micro Cap Fund (WMICX) has a higher volatility of 7.06% compared to USAA Nasdaq 100 Index Fund (USNQX) at 5.20%. This indicates that WMICX's price experiences larger fluctuations and is considered to be riskier than USNQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.