SSMGX Performance — Sit Small Cap Growth Fund
Data updated: 2026-09-08
SSMGX returned +22.20% year to date and +33.96% over one year to Jun 2026. Annualised returns are +16.15% over 3 years and +6.42% over 5 years. The fund beat its US Mid-Cap Blend category average: $100 invested three years ago grew to $157, against $150 for the category, and to $134 over one year, against $122. Volatility over the past three years was 18.04% a year. In the 12 months to Jun 2026 the fund lost a net $308K, and assets reached $144.60M.
SSMGX Growth of $100
What $100 invested in Sit Small Cap Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | SSMGX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $134 | $122 |
| 3 years (Jul 2023 – Jun 2026) | $157 | $150 |
| 5 years (Jul 2021 – Jun 2026) | $137 | $147 |
| Since data start (Jul 2019 – Jun 2026) | $216 | $208 |
SSMGX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +22.20% |
| 1 year | +33.96% |
| 3 years (annualised) | +16.15% |
| 5 years (annualised) | +6.42% |
SSMGX Annual Returns
Calendar-year total returns of Sit Small Cap Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +22.20% |
| 2025 | +9.43% |
| 2024 | +13.48% |
| 2023 | +16.84% |
| 2022 | −25.56% |
| 2021 | +16.27% |
| 2020 | +35.93% |
| 2019 (Jul–Dec) | +3.50% |
SSMGX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.8% | +5.8% | −6.2% | +12.5% | −1.5% | +5.1% | — | — | — | — | — | — |
| 2025 | +3.5% | −7.8% | −5.9% | +0.3% | +5.7% | +4.8% | +4.0% | +2.2% | +1.1% | +2.1% | +0.4% | −0.5% |
| 2024 | −1.1% | +7.1% | +5.2% | −6.1% | +3.9% | −0.5% | +4.8% | +1.0% | +1.8% | −1.1% | +6.0% | −7.2% |
| 2023 | +9.8% | −1.1% | −2.1% | −1.6% | −1.1% | +9.4% | +3.6% | −2.4% | −6.5% | −8.1% | +8.3% | +9.7% |
| 2022 | −11.9% | +1.2% | −0.3% | −10.9% | −0.3% | −8.9% | +11.3% | −3.3% | −9.8% | +6.5% | +5.8% | −5.5% |
| 2021 | +1.1% | +4.6% | +1.9% | +5.0% | −1.5% | +0.9% | +0.6% | +2.7% | −5.2% | +5.8% | −4.3% | +4.3% |
| 2020 | +2.1% | −7.1% | −16.2% | +14.1% | +10.1% | +2.2% | +6.5% | +4.7% | −2.7% | +0.3% | +14.0% | +7.3% |
| 2019 | — | — | — | — | — | — | +1.1% | −4.7% | −0.6% | +1.6% | +3.7% | +2.5% |
SSMGX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 18.04%
- 3-year Sharpe ratio: 0.65 (vs 4.5% risk-free rate)
- Best month: +12.49% (Apr 2026)
- Worst month: −8.06% (Oct 2023)
SSMGX Fund Flows
Monthly money in and out of Sit Small Cap Growth Fund, from SEC Form N-PORT.
- 12-month net flow: −$308K
- 12-month gross sales (incl. reinvestments): $5.9M
- Sales ÷ redemptions: 0.95×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $554K | $1.3M | −$712K |
| May 2026 | $134K | $525K | −$391K |
| Apr 2026 | $186K | $226K | −$40K |
| Mar 2026 | $18K | $468K | −$450K |
| Feb 2026 | $54K | $169K | −$115K |
| Jan 2026 | $9K | $502K | −$492K |
| Dec 2025 | $4.6M | $601K | $4.0M |
| Nov 2025 | $6K | $653K | −$647K |
| Oct 2025 | $9K | $688K | −$680K |
| Sep 2025 | $35K | $910K | −$875K |
| Aug 2025 | $119K | $35K | $83K |
| Jul 2025 | $166K | $127K | $39K |
SSMGX Assets Under Management
Net assets of Sit Small Cap Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $144.60M |
| 2026-03-31 | $125.18M |
| 2025-12-31 | $120.33M |
| 2025-09-30 | $121.63M |
| 2025-06-30 | $113.88M |
| 2025-03-31 | $103.71M |
| 2024-12-31 | $117.07M |
| 2024-09-30 | $121.94M |
| 2024-06-28 | $112.28M |
| 2024-03-28 | $116.06M |
| 2023-12-29 | $109.19M |
| 2023-09-29 | $100.47M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.