WPGTX vs. VRTVX

Last updated Jun 5, 2026

WPGTX (WPG Partners Small/Micro Cap Value Fund) and VRTVX (Vanguard Russell 2000 Value Index Fund Institutional Shares) are both Small Cap Value Equities funds. Over the past 10 years, WPGTX returned 9.85%/yr vs 10.34%/yr for VRTVX. With a 0.95 correlation, they move nearly in lockstep. WPGTX charges 1.10%/yr vs 0.08%/yr for VRTVX.

Performance

WPGTX vs. VRTVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WPG Partners Small/Micro Cap Value Fund (WPGTX) and Vanguard Russell 2000 Value Index Fund Institutional Shares (VRTVX). 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 16.99% return and VRTVX slightly higher at 17.44%. Both investments have delivered pretty close results over the past 10 years, with WPGTX having a 9.85% annualized return and VRTVX not far ahead at 10.34%.

WPGTX

• 1D: -0.54%
• 1M: 1.66%
• YTD: 16.99%
• 6M: 16.14%
• 1Y: 31.61%
• 3Y*: 15.03%
• 5Y*: 10.41%
• 10Y*: 9.85%

VRTVX

• 1D: -1.26%
• 1M: 1.19%
• YTD: 17.44%
• 6M: 16.47%
• 1Y: 42.05%
• 3Y*: 17.82%
• 5Y*: 6.63%
• 10Y*: 10.34%

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

WPGTX vs. VRTVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WPGTX WPG Partners Small/Micro Cap Value Fund	16.99%	7.08%	10.53%	14.45%	2.10%	40.04%	-1.31%	23.35%	-21.88%	5.58%
VRTVX Vanguard Russell 2000 Value Index Fund Institutional Shares	17.44%	12.21%	8.07%	14.71%	-14.52%	28.06%	4.81%	22.40%	-12.83%	7.91%

Correlation

The correlation between WPGTX and VRTVX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Sep 23, 2010	0.95

The correlation between WPGTX and VRTVX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

Return for Risk

WPGTX vs. VRTVX — Risk / Return Rank

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

WPGTX

WPGTX Risk / Return Rank: 51
WPGTX Sharpe Ratio Rank: 47
WPGTX Sortino Ratio Rank: 47
WPGTX Omega Ratio Rank: 45
WPGTX Calmar Ratio Rank: 61
WPGTX Martin Ratio Rank: 54

VRTVX

VRTVX Risk / Return Rank: 71
VRTVX Sharpe Ratio Rank: 63
VRTVX Sortino Ratio Rank: 62
VRTVX Omega Ratio Rank: 52
VRTVX Calmar Ratio Rank: 92
VRTVX Martin Ratio Rank: 87

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. VRTVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WPG Partners Small/Micro Cap Value Fund (WPGTX) and Vanguard Russell 2000 Value Index Fund Institutional Shares (VRTVX). 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.

	WPGTX	VRTVX	Difference
Sharpe ratio: Return per unit of total volatility	2.00	2.32	-0.31
Sortino ratio: Return per unit of downside risk	2.87	3.27	-0.40
Omega ratio: Gain probability vs. loss probability	1.36	1.39	-0.03
Calmar ratio: Return relative to maximum drawdown	2.98	4.87	-1.89
Martin ratio: Return relative to average drawdown	10.86	16.53	-5.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WPGTX vs. VRTVX - Sharpe Ratio Comparison

The current WPGTX Sharpe Ratio is 2.00, which is comparable to the VRTVX Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of WPGTX and VRTVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WPGTX	VRTVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.00	2.32	-0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.31	+0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	0.44	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.47	-0.01

Drawdowns

WPGTX vs. VRTVX - Drawdown Comparison

The maximum WPGTX drawdown since its inception was -60.60%, which is greater than VRTVX's maximum drawdown of -45.98%. Use the drawdown chart below to compare losses from any high point for WPGTX and VRTVX.

Drawdown Indicators

	WPGTX	VRTVX	Difference
Max Drawdown Largest peak-to-trough decline	-60.60%	-45.98%	-14.62%
Max Drawdown (1Y) Largest decline over 1 year	-10.64%	-8.54%	-2.10%
Max Drawdown (3Y) Largest decline over 3 years	-25.90%	-26.85%	+0.95%
Max Drawdown (5Y) Largest decline over 5 years	-25.90%	-26.85%	+0.95%
Max Drawdown (10Y) Largest decline over 10 years	-50.03%	-45.98%	-4.05%
Current Drawdown Current decline from peak	-0.54%	-1.50%	+0.96%
Average Drawdown Average peak-to-trough decline	-13.01%	-7.78%	-5.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	2.51%	+0.40%

Volatility

WPGTX vs. VRTVX - Volatility Comparison

The current volatility for WPG Partners Small/Micro Cap Value Fund (WPGTX) is 4.19%, while Vanguard Russell 2000 Value Index Fund Institutional Shares (VRTVX) has a volatility of 5.01%. This indicates that WPGTX experiences smaller price fluctuations and is considered to be less risky than VRTVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WPGTX	VRTVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	5.01%	-0.82%
Volatility (6M) Calculated over the trailing 6-month period	11.00%	12.04%	-1.04%
Volatility (1Y) Calculated over the trailing 1-year period	15.85%	18.00%	-2.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.75%	21.67%	-1.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.45%	23.71%	-1.26%

WPGTX vs. VRTVX - Expense Ratio Comparison

WPGTX has a 1.10% expense ratio, which is higher than VRTVX's 0.08% expense ratio.

Dividends

WPGTX vs. VRTVX - Dividend Comparison

WPGTX's dividend yield for the trailing twelve months is around 8.67%, more than VRTVX's 1.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VRTVX Vanguard Russell 2000 Value Index Fund Institutional Shares	1.60%	1.49%	1.84%	2.08%	2.15%	1.56%	1.54%	1.87%	2.17%	1.74%	1.52%	2.16%
WPGTX WPG Partners Small/Micro Cap Value Fund	8.67%	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 VRTVX in my portfolio?

With a correlation of 0.92, WPGTX and VRTVX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, WPGTX or VRTVX?

VRTVX has higher volatility (5.01%) compared to WPGTX (4.19%). In terms of maximum drawdown, WPGTX dropped -60.60% vs VRTVX's -45.98%.

Which has better risk-adjusted returns?

VRTVX currently has the higher Sharpe Ratio (2.32 vs 2.00), 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.