- ISIN
- US4702585187
- CUSIP
- 89833W402
- Issuer
- Snow Capital Funds
- Inception Date
- Apr 27, 2006
- Category
- Long-Short
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
SNOIX Performance Chart
Easterly Snow Capital Long/Short Opportunity Fund (SNOIX) is up 7.4% since the beginning of the year. SNOIX is currently trading at $39 per share. Investors who bought $1,000 worth of SNOIX shares 5 years ago would now be looking at an investment worth $1,556.
Loading charts...
Returns By Period
Easterly Snow Capital Long/Short Opportunity Fund (SNOIX) has returned 7.40% so far this year and 23.16% over the past 12 months. Over the last ten years, SNOIX has returned 10.28% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Easterly Snow Capital Long/Short Opportunity Fund
- 1D
- -0.38%
- 1M
- -1.86%
- YTD
- 7.40%
- 6M
- 6.39%
- 1Y
- 23.16%
- 3Y*
- 13.43%
- 5Y*
- 9.25%
- 10Y*
- 10.28%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SNOIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2007, SNOIX's average daily return is +0.04%, while the average monthly return is +0.71%. At this rate, an investment would double in approximately 8.2 years.
Historically, 59% of months were positive and 41% were negative. The best month was Apr 2009 with a return of +26.7%, while the worst month was Oct 2008 at -20.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, SNOIX closed higher 52% of trading days. The best single day was Mar 23, 2009 with a return of +11.2%, while the worst single day was Nov 20, 2008 at -10.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.77% | 4.95% | -0.54% | 3.74% | -0.86% | -1.69% | 7.40% | ||||||
| 2025 | 3.50% | -0.50% | -0.75% | -3.63% | 3.86% | 3.12% | 0.20% | 6.59% | 1.23% | -1.67% | 6.24% | 1.26% | 20.66% |
| 2024 | 0.06% | 0.83% | 5.92% | -4.15% | 4.39% | -3.80% | 3.14% | -0.81% | 0.38% | 0.61% | 4.75% | -5.53% | 5.17% |
| 2023 | 6.59% | -2.03% | -3.99% | -0.03% | -3.22% | 7.31% | 4.61% | -2.87% | -2.58% | -3.07% | 6.24% | 4.47% | 10.84% |
| 2022 | 1.05% | 0.48% | -0.83% | -3.44% | 2.32% | -9.02% | 5.66% | -1.98% | -8.03% | 11.64% | 4.98% | -4.08% | -3.10% |
| 2021 | 0.49% | 10.20% | 5.82% | 3.21% | 2.39% | -1.83% | -1.98% | 1.55% | -1.56% | 3.28% | -2.30% | 5.02% | 26.26% |
Benchmark Metrics
Easterly Snow Capital Long/Short Opportunity Fund has an annualized alpha of -1.21%, beta of 0.98, and R2 of 0.78 versus S&P 500 Index. Calculated based on daily prices since January 03, 2007.
- This fund participated in 104.35% of S&P 500 Index downside but only 95.59% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.98 and R2 of 0.78, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -1.21%
- Beta
- 0.98
- R²
- 0.78
- Upside Capture
- 95.59%
- Downside Capture
- 104.35%
Expense Ratio
SNOIX has a high expense ratio of 1.41%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SNOIX ranks 69 for risk / return — better than 69% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Easterly Snow Capital Long/Short Opportunity Fund (SNOIX) and compare them to S&P 500 Index.
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.
| SNOIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 5.22 | 2.78 | +2.43 |
| Martin ratioReturn relative to average drawdown | 17.00 | 12.44 | +4.56 |
Dividends
Dividend History
Easterly Snow Capital Long/Short Opportunity Fund provided a 6.44% dividend yield over the last twelve months, with an annual payout of $2.54 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.54 | $2.54 | $1.66 | $0.74 | $2.12 | $2.98 | $0.53 | $0.56 | $0.49 | $1.32 | $0.09 | $0.60 |
Dividend yield | 6.44% | 6.91% | 5.10% | 2.29% | 7.07% | 8.98% | 1.86% | 1.95% | 2.06% | 4.80% | 0.36% | 2.79% |
Monthly Dividends
The table displays the monthly dividend distributions for Easterly Snow Capital Long/Short Opportunity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.54 | $2.54 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.66 | $1.66 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $0.74 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.12 | $2.12 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.98 | $2.98 |
Drawdowns
Drawdowns Chart
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Easterly Snow Capital Long/Short Opportunity 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 Easterly Snow Capital Long/Short Opportunity Fund was 65.34%, occurring on Mar 5, 2009. Recovery took 486 trading sessions.
The current Easterly Snow Capital Long/Short Opportunity Fund drawdown is 2.78%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -65.34%Mar 2009 | 1y 7mo | 1y 11mo | 3y 6moJul 2007 - Feb 2011 |
2016 bear market2016 | -39.16%Feb 2016 | 1y 5mo | 1y 10mo | 3y 3moAug 2014 - Dec 2017 |
COVID crash2020 | -34.43%Mar 2020 | 2mo 2d | 9mo 12d | 11mo 14dJan 2020 - Dec 2020 |
2011 bear market2011 | -30.62%Oct 2011 | 5mo 29d | 1y 3mo | 1y 9moApr 2011 - Jan 2013 |
Rate-hike selloffLate 2018 | -18.99%Dec 2018 | 10mo 29d | 10mo 15d | 1y 9moJan 2018 - Nov 2019 |
Drawdown Indicators
| SNOIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.34% | -56.78% | -8.56% |
Max Drawdown (1Y)Largest decline over 1 year | -4.50% | -9.10% | +4.60% |
Max Drawdown (3Y)Largest decline over 3 years | -15.33% | -18.90% | +3.57% |
Max Drawdown (5Y)Largest decline over 5 years | -17.66% | -25.43% | +7.77% |
Max Drawdown (10Y)Largest decline over 10 years | -34.43% | -33.92% | -0.51% |
Current DrawdownCurrent decline from peak | -2.78% | -1.80% | -0.98% |
Average DrawdownAverage peak-to-trough decline | -9.75% | -10.71% | +0.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 2.03% | -0.65% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with SNOIX
Add Easterly Snow Capital Long/Short Opportunity Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with SNOIX