Fees on the firm's open-end and exchange-traded funds are a weakness, contributing negatively to the rating and creating a larger performance hurdle on funds. On average, Volumetric charges fees on its funds that are in the most expensive quintile of similarly distributed funds. With the current market environment of fee compression, this is cause for concern, as investors may flock over time to alternate asset managers to get a better deal. The firm's risk-adjusted performance is poor. Across all open-end and exchange-traded products, the firm’s average five-year Morningstar Rating is 1.0 stars. Average tenure of eight years among the longest-tenured managers at Volumetric is on par with peer firms. In isolation, seasoned teams tend to have more experience to draw upon should they need to weather turbulent market conditions.
Volumetric has a ways to go to become an industry-standard steward, resulting in a Below Average Parent Pillar rating.