WMICX vs. WAGSX
WMICX (Wasatch Micro Cap Fund) and WAGSX (Wasatch Global Select Fund) are both mutual funds - WMICX is a Small Cap Growth Equities fund managed by Wasatch, while WAGSX is a Global Equities fund managed by Wasatch. Over the past 5 years, WMICX returned -0.23%/yr vs -2.18%/yr for WAGSX. Their correlation of 0.81 means they have usually moved in the same direction. WMICX charges 1.63%/yr vs 1.35%/yr for WAGSX.
Performance
WMICX vs. WAGSX - Performance Comparison
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Returns By Period
In the year-to-date period, WMICX achieves a 13.26% return, which is significantly higher than WAGSX's 2.85% return.
WMICX
- 1D
- 0.20%
- 1M
- -6.65%
- 6M
- 7.68%
- YTD
- 13.26%
- 1Y
- 28.70%
- 3Y*
- 12.65%
- 5Y*
- -0.23%
- 10Y*
- 13.61%
- ALL TIME*
- 14.04%
WAGSX
- 1D
- 0.88%
- 1M
- 0.24%
- 6M
- 4.29%
- YTD
- 2.85%
- 1Y
- -0.86%
- 3Y*
- 4.43%
- 5Y*
- -2.18%
- 10Y*
- —
- ALL TIME*
- 5.37%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
WMICX vs. WAGSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WMICX Wasatch Micro Cap Fund | 13.26% | 4.84% | 20.91% | 22.58% | -40.64% | 4.51% | 64.84% | 14.42% |
WAGSX Wasatch Global Select Fund | 2.85% | 1.74% | 0.50% | 27.77% | -33.10% | 7.95% | 34.68% | 9.40% |
Correlation
The correlation between WMICX and WAGSX is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.79 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.82 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2019 | 0.81 |
The correlation between WMICX and WAGSX has been stable across timeframes, ranging from 0.75 to 0.82 - a consistent structural relationship.
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Return for Risk
WMICX vs. WAGSX — Risk / Return Rank
WMICX
WAGSX
WMICX vs. WAGSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Micro Cap Fund (WMICX) and Wasatch Global Select Fund (WAGSX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WMICX | WAGSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.49 | ||
| Sortino ratioReturn per unit of downside risk | +2.15 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.99 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | -0.13 | +2.01 |
| Martin ratioReturn relative to average drawdown | 6.11 | -0.35 | +6.46 |
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Drawdowns
WMICX vs. WAGSX - Drawdown Comparison
The maximum WMICX drawdown since its inception was -65.21%, which is greater than WAGSX's maximum drawdown of -43.62%. Use the drawdown chart below to compare losses from any high point for WMICX and WAGSX.
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Drawdown Indicators
| WMICX | WAGSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.21% | -43.62% | -21.59% |
Max Drawdown (1Y)Largest decline over 1 year | -14.32% | -16.25% | +1.93% |
Max Drawdown (3Y)Largest decline over 3 years | -29.44% | -18.11% | -11.33% |
Max Drawdown (5Y)Largest decline over 5 years | -48.70% | -43.62% | -5.08% |
Max Drawdown (10Y)Largest decline over 10 years | -50.96% | — | — |
Current DrawdownCurrent decline from peak | -10.81% | -16.91% | +6.10% |
Average DrawdownAverage peak-to-trough decline | -13.31% | -17.75% | +4.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.38% | 6.23% | -1.85% |
Volatility
WMICX vs. WAGSX - Volatility Comparison
Wasatch Micro Cap Fund (WMICX) has a higher volatility of 4.88% compared to Wasatch Global Select Fund (WAGSX) at 3.54%. This indicates that WMICX's price experiences larger fluctuations and is considered to be riskier than WAGSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WMICX | WAGSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.88% | 3.54% | +1.34% |
Volatility (6M)Calculated over the trailing 6-month period | 14.72% | 12.62% | +2.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.86% | 15.45% | +4.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.54% | 19.70% | +4.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.40% | 20.98% | +3.42% |
WMICX vs. WAGSX - Expense Ratio Comparison
WMICX has a 1.63% expense ratio, which is higher than WAGSX's 1.35% expense ratio.
Dividends
WMICX vs. WAGSX - Dividend Comparison
Neither WMICX nor WAGSX has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAGSX Wasatch Global Select Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 12.65% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WMICX Wasatch Micro Cap Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 30.82% | 5.68% | 11.40% | 29.75% | 15.30% | 9.30% | 16.58% |
Frequently Asked Questions
WMICX and WAGSX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMICX has higher volatility (4.88%) compared to WAGSX (3.54%). In terms of maximum drawdown, WMICX dropped -65.21% vs WAGSX's -43.62%.
WMICX currently has the higher Sharpe Ratio (1.35 vs -0.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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