WPGTX vs. NSDVX

Last updated Jul 14, 2026

WPGTX (WPG Partners Small/Micro Cap Value Fund) and NSDVX (North Star Dividend Fund) are both Small Cap Value Equities funds. Over the past 10 years, WPGTX returned 9.98%/yr vs 7.17%/yr for NSDVX. Their correlation of 0.82 suggests significant overlap in exposure. WPGTX charges 1.10%/yr vs 1.37%/yr for NSDVX.

Performance

WPGTX vs. NSDVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WPG Partners Small/Micro Cap Value Fund (WPGTX) and North Star Dividend Fund (NSDVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with WPGTX having a 21.51% return and NSDVX slightly lower at 21.37%. Over the past 10 years, WPGTX has outperformed NSDVX with an annualized return of 9.98%, while NSDVX has yielded a comparatively lower 7.17% annualized return.

WPGTX

• 1D: 0.13%
• 1M: 0.88%
• 6M: 15.91%
• YTD: 21.51%
• 1Y: 28.71%
• 3Y*: 14.79%
• 5Y*: 12.34%
• 10Y*: 9.98%

NSDVX

• 1D: 0.75%
• 1M: 1.61%
• 6M: 17.67%
• YTD: 21.37%
• 1Y: 21.36%
• 3Y*: 12.15%
• 5Y*: 5.50%
• 10Y*: 7.17%

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

WPGTX vs. NSDVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WPGTX WPG Partners Small/Micro Cap Value Fund	21.51%	7.08%	10.53%	14.45%	2.10%	40.04%	-1.31%	23.35%	-21.88%	5.58%
NSDVX North Star Dividend Fund	21.37%	-1.31%	9.25%	8.06%	-6.36%	16.16%	6.51%	16.13%	-12.35%	8.27%

Correlation

The correlation between WPGTX and NSDVX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since May 31, 2013	0.82

The correlation between WPGTX and NSDVX shifts across timeframes, from 0.72 (1 year) to 0.84 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

WPGTX vs. NSDVX — Risk / Return Rank

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

WPGTX

WPGTX Risk / Return Rank: 63
WPGTX Sharpe Ratio Rank: 60
WPGTX Sortino Ratio Rank: 64
WPGTX Omega Ratio Rank: 56
WPGTX Calmar Ratio Rank: 72
WPGTX Martin Ratio Rank: 63

NSDVX

NSDVX Risk / Return Rank: 38
NSDVX Sharpe Ratio Rank: 38
NSDVX Sortino Ratio Rank: 43
NSDVX Omega Ratio Rank: 36
NSDVX Calmar Ratio Rank: 40
NSDVX Martin Ratio Rank: 32

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.

WPGTX vs. NSDVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WPG Partners Small/Micro Cap Value Fund (WPGTX) and North Star Dividend Fund (NSDVX). 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.

	WPGTX	NSDVX	Difference
Sharpe ratio: Return per unit of total volatility	1.73	1.37	+0.36
Sortino ratio: Return per unit of downside risk	2.51	2.11	+0.40
Omega ratio: Gain probability vs. loss probability	1.31	1.24	+0.06
Calmar ratio: Return relative to maximum drawdown	2.62	1.94	+0.68
Martin ratio: Return relative to average drawdown	9.58	5.71	+3.87

WPGTX vs. NSDVX - Sharpe Ratio Comparison

The current WPGTX Sharpe Ratio is 1.73, which is comparable to the NSDVX Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of WPGTX and NSDVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WPGTX vs. NSDVX - Drawdown Comparison

The maximum WPGTX drawdown since its inception was -60.60%, which is greater than NSDVX's maximum drawdown of -38.64%. Use the drawdown chart below to compare losses from any high point for WPGTX and NSDVX.

Drawdown Indicators

	WPGTX	NSDVX	Difference
Max Drawdown Largest peak-to-trough decline	-60.60%	-38.64%	-21.96%
Max Drawdown (1Y) Largest decline over 1 year	-10.64%	-10.48%	-0.16%
Max Drawdown (3Y) Largest decline over 3 years	-25.90%	-16.41%	-9.49%
Max Drawdown (5Y) Largest decline over 5 years	-25.90%	-21.27%	-4.63%
Max Drawdown (10Y) Largest decline over 10 years	-50.03%	-38.64%	-11.39%
Current Drawdown Current decline from peak	-1.34%	-1.10%	-0.24%
Average Drawdown Average peak-to-trough decline	-12.98%	-6.50%	-6.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.92%	3.58%	-0.66%

Volatility

WPGTX vs. NSDVX - Volatility Comparison

WPG Partners Small/Micro Cap Value Fund (WPGTX) has a higher volatility of 4.24% compared to North Star Dividend Fund (NSDVX) at 3.80%. This indicates that WPGTX's price experiences larger fluctuations and is considered to be riskier than NSDVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WPGTX	NSDVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.24%	3.80%	+0.44%
Volatility (6M) Calculated over the trailing 6-month period	11.43%	9.80%	+1.63%
Volatility (1Y) Calculated over the trailing 1-year period	16.14%	14.81%	+1.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.64%	16.04%	+3.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.36%	17.72%	+4.64%

WPGTX vs. NSDVX - Expense Ratio Comparison

WPGTX has a 1.10% expense ratio, which is lower than NSDVX's 1.37% expense ratio.

Dividends

WPGTX vs. NSDVX - Dividend Comparison

WPGTX's dividend yield for the trailing twelve months is around 8.35%, more than NSDVX's 2.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NSDVX North Star Dividend Fund	2.76%	3.45%	7.00%	2.52%	6.57%	3.31%	1.52%	2.64%	6.87%	2.48%	4.67%	3.51%
WPGTX WPG Partners Small/Micro Cap Value Fund	8.35%	10.15%	6.38%	7.58%	17.82%	1.47%	0.64%	0.44%	8.44%	6.83%	0.42%	3.03%

Frequently Asked Questions

Can I hold both WPGTX and NSDVX in my portfolio?

WPGTX and NSDVX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WPGTX or NSDVX?

WPGTX has higher volatility (4.24%) compared to NSDVX (3.80%). In terms of maximum drawdown, WPGTX dropped -60.60% vs NSDVX's -38.64%.

Which has better risk-adjusted returns?

WPGTX currently has the higher Sharpe Ratio (1.73 vs 1.37), 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.