Wasatch Long/Short Alpha Fund (WALSX)
The mutual fund aims to achieve higher risk-adjusted returns by investing in a portfolio of long and short positions in U.S. equity securities, focusing on companies of various market capitalizations. The fund primarily invests in U.S.-based or listed companies and is non-diversified.
Fund Info
Sep 30, 2021
$2,000
Large-Cap
Growth
Expense Ratio
WALSX has a high expense ratio of 1.75%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Wasatch Long/Short Alpha Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Wasatch Long/Short Alpha Fund had a return of 2.56% year-to-date (YTD) and 4.04% in the last 12 months.
WALSX
2.56%
-0.76%
-3.99%
4.04%
N/A
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of WALSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.98% | 2.56% | |||||||||||
| 2024 | -0.15% | 10.31% | 0.48% | -4.89% | 1.23% | 0.86% | 6.52% | 1.26% | 0.85% | -1.83% | 1.66% | -8.10% | 7.24% |
| 2023 | 5.36% | -0.92% | 0.00% | -0.47% | -1.22% | 4.93% | 1.81% | 5.06% | -2.79% | -4.96% | 8.69% | 10.44% | 27.75% |
| 2022 | -8.29% | -1.75% | -0.69% | -3.39% | -1.13% | -5.01% | 9.33% | -3.92% | -5.85% | 9.77% | 6.88% | -2.75% | -8.38% |
| 2021 | 6.40% | 1.69% | 3.70% | 12.20% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of WALSX is 14, meaning it’s performing worse than 86% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Wasatch Long/Short Alpha Fund (WALSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Wasatch Long/Short Alpha Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.01 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.09% |
Monthly Dividends
The table displays the monthly dividend distributions for Wasatch Long/Short Alpha 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.01 | $0.01 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Wasatch Long/Short Alpha 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 Wasatch Long/Short Alpha Fund was 21.33%, occurring on Sep 26, 2022. Recovery took 212 trading sessions.
The current Wasatch Long/Short Alpha Fund drawdown is 9.70%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.33% | Dec 30, 2021 | 186 | Sep 26, 2022 | 212 | Aug 1, 2023 | 398 |
| -13.14% | Nov 12, 2024 | 38 | Jan 7, 2025 | — | — | — |
| -9.42% | Sep 5, 2023 | 39 | Oct 27, 2023 | 24 | Dec 1, 2023 | 63 |
| -5.05% | Nov 22, 2021 | 20 | Dec 20, 2021 | 6 | Dec 29, 2021 | 26 |
| -4.96% | Mar 28, 2024 | 23 | Apr 30, 2024 | 51 | Jul 15, 2024 | 74 |
Volatility
Volatility Chart
The current Wasatch Long/Short Alpha Fund volatility is 2.58%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.