Persimmon Long/Short Fund (LSEIX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Persimmon Long/Short Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Persimmon Long/Short Fund (LSEIX) has returned -0.63% so far this year and 14.87% over the past 12 months. Over the last ten years, LSEIX has returned 6.28% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 2013, LSEIX's average daily return is +0.02%, while the average monthly return is +0.49%. At this rate, your investment would double in approximately 11.8 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2023 with a return of +8.1%, while the worst month was Mar 2020 at -6.5%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 3 months.

On a daily basis, LSEIX closed higher 50% of trading days. The best single day was Apr 9, 2025 with a return of +4.0%, while the worst single day was Mar 16, 2020 at -5.2%.

Persimmon Long/Short Fund has an annualized alpha of -0.44%, beta of 0.51, and R² of 0.79 versus S&P 500 Index. Calculated based on daily prices since January 03, 2013.

• This fund participated in 60.57% of S&P 500 Index downside but only 48.20% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.51 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

LSEIX has a high expense ratio of 1.91%, indicating above-average management fees.

LSEIX ranks 72 for risk / return — better than 72% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Persimmon Long/Short Fund (LSEIX) and compare them to a chosen benchmark (S&P 500 Index).

Persimmon Long/Short Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.

The table displays the monthly dividend distributions for Persimmon Long/Short Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Persimmon Long/Short Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Persimmon Long/Short Fund was 19.92%, occurring on Mar 23, 2020. Recovery took 114 trading sessions.

The current Persimmon Long/Short Fund drawdown is 3.90%.

The chart below shows the rolling one-month volatility.