WMICX vs. WAGSX

Last updated Apr 2, 2026

Compare and contrast key facts about Wasatch Micro Cap Fund (WMICX) and Wasatch Global Select Fund (WAGSX).

WMICX is managed by Wasatch. It was launched on Jun 19, 1995. WAGSX is managed by Wasatch. It was launched on Sep 30, 2019.

Performance

WMICX vs. WAGSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wasatch Micro Cap Fund (WMICX) and Wasatch Global Select Fund (WAGSX). The values are adjusted to include any dividend payments, if applicable.

WMICX vs. WAGSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
WMICX Wasatch Micro Cap Fund	-3.23%	4.84%	20.91%	22.58%	-40.64%	4.51%	64.84%	16.77%
WAGSX Wasatch Global Select Fund	-8.14%	1.74%	0.50%	27.77%	-33.10%	7.95%	34.68%	9.40%

Returns By Period

In the year-to-date period, WMICX achieves a -3.23% return, which is significantly higher than WAGSX's -8.14% return.

WMICX

• 1D: 3.07%
• 1M: -8.41%
• YTD: -3.23%
• 6M: -1.41%
• 1Y: 20.89%
• 3Y*: 10.67%
• 5Y*: -3.77%
• 10Y*: 13.09%

WAGSX

• 1D: 3.20%
• 1M: -6.62%
• YTD: -8.14%
• 6M: -9.69%
• 1Y: -5.29%
• 3Y*: 3.04%
• 5Y*: -2.05%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WMICX vs. WAGSX - Expense Ratio Comparison

WMICX has a 1.63% expense ratio, which is higher than WAGSX's 1.35% expense ratio.

WMICX

Wasatch Micro Cap Fund

WAGSX

Wasatch Global Select Fund

Return for Risk

WMICX vs. WAGSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WMICX

WMICX Risk / Return Rank: 49
WMICX Sharpe Ratio Rank: 45
WMICX Sortino Ratio Rank: 52
WMICX Omega Ratio Rank: 36
WMICX Calmar Ratio Rank: 60
WMICX Martin Ratio Rank: 52

WAGSX

WAGSX Risk / Return Rank: 2
WAGSX Sharpe Ratio Rank: 2
WAGSX Sortino Ratio Rank: 2
WAGSX Omega Ratio Rank: 2
WAGSX Calmar Ratio Rank: 2
WAGSX Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

	WMICX	WAGSX	Difference
Sharpe ratio Return per unit of total volatility	0.96	-0.29	+1.25
Sortino ratio Return per unit of downside risk	1.51	-0.31	+1.82
Omega ratio Gain probability vs. loss probability	1.18	0.96	+0.22
Calmar ratio Return relative to maximum drawdown	1.51	-0.32	+1.83
Martin ratio Return relative to average drawdown	5.33	-0.87	+6.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WMICX vs. WAGSX - Sharpe Ratio Comparison

The current WMICX Sharpe Ratio is 0.96, which is higher than the WAGSX Sharpe Ratio of -0.29. The chart below compares the historical Sharpe Ratios of WMICX and WAGSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WMICX	WAGSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.96	-0.29	+1.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.15	-0.11	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.18	+0.45

Correlation

The correlation between WMICX and WAGSX is 0.81, 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.

Dividends

WMICX vs. WAGSX - Dividend Comparison

Neither WMICX nor WAGSX has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
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%

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.

Drawdown Indicators

	WMICX	WAGSX	Difference
Max Drawdown Largest peak-to-trough decline	-65.21%	-43.62%	-21.59%
Max Drawdown (1Y) Largest decline over 1 year	-14.32%	-17.76%	+3.44%
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 Drawdown Current decline from peak	-23.80%	-25.80%	+2.00%
Average Drawdown Average peak-to-trough decline	-13.32%	-17.70%	+4.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.05%	6.55%	-2.50%

Volatility

WMICX vs. WAGSX - Volatility Comparison

Wasatch Micro Cap Fund (WMICX) has a higher volatility of 7.26% compared to Wasatch Global Select Fund (WAGSX) at 6.59%. 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.

Volatility by Period

	WMICX	WAGSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.26%	6.59%	+0.67%
Volatility (6M) Calculated over the trailing 6-month period	14.22%	10.85%	+3.37%
Volatility (1Y) Calculated over the trailing 1-year period	22.52%	17.59%	+4.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.51%	19.51%	+5.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.33%	21.18%	+3.15%