WPGTX vs. PRVIX

Last updated Aug 1, 2026

WPGTX (WPG Partners Small/Micro Cap Value Fund) and PRVIX (T. Rowe Price Small-Cap Value Fund Class I) are both Small Cap Value Equities funds. Over the past 10 years, WPGTX returned 9.85%/yr vs 10.46%/yr for PRVIX. Their correlation of 0.93 means they have usually moved in the same direction. WPGTX charges 1.10%/yr vs 0.66%/yr for PRVIX.

Performance

WPGTX vs. PRVIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WPG Partners Small/Micro Cap Value Fund (WPGTX) and T. Rowe Price Small-Cap Value Fund Class I (PRVIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with WPGTX having a 19.28% return and PRVIX slightly higher at 20.02%. Over the past 10 years, WPGTX has underperformed PRVIX with an annualized return of 9.85%, while PRVIX has yielded a comparatively higher 10.46% annualized return.

WPGTX

• 1D: 0.85%
• 1M: -1.96%
• 6M: 11.80%
• YTD: 19.28%
• 1Y: 31.11%
• 3Y*: 12.95%
• 5Y*: 12.48%
• 10Y*: 9.85%
• ALL TIME*: 10.23%

PRVIX

• 1D: 0.38%
• 1M: -1.64%
• 6M: 11.97%
• YTD: 20.02%
• 1Y: 34.71%
• 3Y*: 13.78%
• 5Y*: 7.24%
• 10Y*: 10.46%
• ALL TIME*: 10.74%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PRVIX T. Rowe Price Small-Cap Value Fund Class I	$0.00	$0.00	$0.00
WPGTX WPG Partners Small/Micro Cap Value Fund	$0.00	$0.00	$0.00

WPGTX vs. PRVIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WPGTX WPG Partners Small/Micro Cap Value Fund	19.28%	7.08%	10.53%	14.45%	2.10%	40.04%	-1.31%	23.35%	-21.88%	5.58%
PRVIX T. Rowe Price Small-Cap Value Fund Class I	20.02%	8.44%	10.96%	12.46%	-18.42%	25.60%	12.58%	25.95%	-11.49%	12.86%

Correlation

The correlation between WPGTX and PRVIX is 0.89, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.89
Correlation (3Y) Balances recent behavior with more history.	0.91
Correlation (5Y) Shows whether the relationship held over a longer period.	0.93
Correlation (10Y) Provides a long-term view across more market conditions.	0.93
Correlation (All Time) Calculated using the full available price history since Aug 28, 2015	0.93

The correlation between WPGTX and PRVIX has been stable across timeframes, ranging from 0.89 to 0.93 - a consistent structural relationship.

Return for Risk

WPGTX vs. PRVIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WPGTX

WPGTX Risk / Return Rank: 78
WPGTX Sharpe Ratio Rank: 77
WPGTX Sortino Ratio Rank: 77
WPGTX Omega Ratio Rank: 73
WPGTX Calmar Ratio Rank: 81
WPGTX Martin Ratio Rank: 81

PRVIX

PRVIX Risk / Return Rank: 85
PRVIX Sharpe Ratio Rank: 81
PRVIX Sortino Ratio Rank: 81
PRVIX Omega Ratio Rank: 76
PRVIX Calmar Ratio Rank: 92
PRVIX Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WPGTX vs. PRVIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WPG Partners Small/Micro Cap Value Fund (WPGTX) and T. Rowe Price Small-Cap Value Fund Class I (PRVIX). 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	PRVIX	Difference
Sharpe ratio: Return per unit of total volatility	1.79	1.94	-0.15
Sortino ratio: Return per unit of downside risk	2.61	2.84	-0.23
Omega ratio: Gain probability vs. loss probability	1.32	1.34	-0.02
Calmar ratio: Return relative to maximum drawdown	2.69	3.66	-0.97
Martin ratio: Return relative to average drawdown	9.87	13.95	-4.09

WPGTX vs. PRVIX - Sharpe Ratio Comparison

The current WPGTX Sharpe Ratio is 1.79, which is comparable to the PRVIX Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of WPGTX and PRVIX, 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. PRVIX - Drawdown Comparison

The maximum WPGTX drawdown since its inception was -60.60%, which is greater than PRVIX's maximum drawdown of -40.95%. Use the drawdown chart below to compare losses from any high point for WPGTX and PRVIX.

Drawdown Indicators

	WPGTX	PRVIX	Difference
Max Drawdown Largest peak-to-trough decline	-60.60%	-40.95%	-19.65%
Max Drawdown (1Y) Largest decline over 1 year	-10.64%	-8.93%	-1.71%
Max Drawdown (3Y) Largest decline over 3 years	-25.90%	-24.57%	-1.33%
Max Drawdown (5Y) Largest decline over 5 years	-25.90%	-28.00%	+2.10%
Max Drawdown (10Y) Largest decline over 10 years	-50.03%	-40.95%	-9.08%
Current Drawdown Current decline from peak	-3.15%	-2.45%	-0.70%
Average Drawdown Average peak-to-trough decline	-12.97%	-8.22%	-4.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	2.39%	+0.50%

Volatility

WPGTX vs. PRVIX - Volatility Comparison

WPG Partners Small/Micro Cap Value Fund (WPGTX) and T. Rowe Price Small-Cap Value Fund Class I (PRVIX) have volatilities of 3.32% and 3.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WPGTX	PRVIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.32%	3.27%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	11.27%	12.02%	-0.75%
Volatility (1Y) Calculated over the trailing 1-year period	16.00%	16.88%	-0.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.51%	19.76%	-0.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.37%	21.03%	+1.34%

WPGTX vs. PRVIX - Expense Ratio Comparison

WPGTX has a 1.10% expense ratio, which is higher than PRVIX's 0.66% expense ratio.

Dividends

WPGTX vs. PRVIX - Dividend Comparison

WPGTX's dividend yield for the trailing twelve months is around 8.51%, less than PRVIX's 10.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRVIX T. Rowe Price Small-Cap Value Fund Class I	10.09%	12.11%	9.96%	3.40%	5.54%	7.15%	2.12%	4.72%	9.61%	3.79%	3.88%	22.61%
WPGTX WPG Partners Small/Micro Cap Value Fund	8.51%	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 PRVIX in my portfolio?

WPGTX and PRVIX have a correlation of 0.89, 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 PRVIX?

WPGTX has higher volatility (3.32%) compared to PRVIX (3.27%). In terms of maximum drawdown, WPGTX dropped -60.60% vs PRVIX's -40.95%.

Which has better risk-adjusted returns?

PRVIX currently has the higher Sharpe Ratio (1.94 vs 1.79), 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.