Waycross Long/Short Equity Fund (WAYEX)
The advisor pursues the investment objective by investing in long and short equity positions. The fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities traded in the U.S. Under normal market conditions, the adviser expects to maintain a net long exposure (i.e., the market value of the fundâs long positions minus the market value of the fundâs short positions) of at most 60%; however, the adviser seeks to target a net long exposure of approximately 50% over a full market cycle.
Fund Info
US9441742007
90386H784
Apr 28, 2015
$5,000
Large-Cap
Growth
Expense Ratio
WAYEX has a high expense ratio of 2.27%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Waycross Long/Short Equity Fund (WAYEX) returned 1.86% year-to-date (YTD) and 6.21% over the past 12 months. Over the past 10 years, WAYEX returned 7.35% annually, underperforming the S&P 500 benchmark at 10.84%.
WAYEX
1.86%
3.91%
1.26%
6.21%
11.11%
11.03%
7.35%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of WAYEX, 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 | 2.88% | -1.69% | -4.27% | 1.18% | 3.98% | 1.86% | |||||||
| 2024 | 2.21% | 5.33% | 2.05% | -2.18% | 2.11% | 1.89% | -1.28% | 0.76% | 1.05% | -0.06% | 3.29% | -0.98% | 14.89% |
| 2023 | 2.78% | -0.88% | 1.77% | 1.74% | 1.71% | 3.57% | 1.76% | -1.53% | -2.29% | -0.21% | 6.15% | 3.26% | 18.99% |
| 2022 | -4.04% | -1.80% | 1.41% | -5.48% | -0.81% | -3.77% | 3.92% | -2.22% | -3.93% | 4.80% | 2.93% | -2.70% | -11.66% |
| 2021 | -1.19% | 5.11% | 0.54% | 3.22% | 0.46% | 0.52% | -0.52% | 1.75% | -2.74% | 3.93% | -0.94% | 1.02% | 11.43% |
| 2020 | 0.68% | -4.63% | -6.71% | 6.81% | 3.81% | 2.73% | 3.41% | 6.83% | -1.80% | -0.92% | 8.50% | 2.76% | 22.27% |
| 2019 | 8.23% | 2.35% | 2.02% | 3.06% | -4.19% | 4.28% | 0.87% | -0.26% | 0.09% | 1.13% | 0.77% | 1.48% | 21.18% |
| 2018 | 4.73% | -3.54% | -1.65% | 1.77% | 0.73% | 0.18% | 2.27% | 2.13% | 0.00% | -9.04% | 0.57% | -6.46% | -8.80% |
| 2017 | 0.10% | 2.38% | -1.21% | 2.05% | 0.50% | 1.00% | 1.19% | 1.86% | 1.82% | 0.66% | 1.41% | 0.63% | 13.06% |
| 2016 | -2.63% | -1.83% | 1.87% | 0.43% | 0.43% | -1.28% | 3.79% | 0.73% | -0.73% | -1.88% | 2.98% | -0.41% | 1.26% |
| 2015 | 0.00% | -0.80% | -0.40% | 2.23% | -5.45% | -2.20% | 3.53% | 0.52% | -2.06% | -4.80% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of WAYEX is 46, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Waycross Long/Short Equity Fund (WAYEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Waycross Long/Short Equity Fund provided a 6.09% dividend yield over the last twelve months, with an annual payout of $1.04 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.04 | $1.04 | $0.44 | $0.00 | $0.80 | $0.17 | $0.12 | $0.00 | $0.11 |
Dividend yield | 6.09% | 6.21% | 2.86% | 0.00% | 5.33% | 1.17% | 1.05% | 0.00% | 1.01% |
Monthly Dividends
The table displays the monthly dividend distributions for Waycross Long/Short Equity 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 | $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 | $1.04 | $1.04 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.44 |
| 2022 | $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 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 | $0.80 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2018 | $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 |
| 2017 | $0.11 | $0.11 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Waycross Long/Short Equity 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 Waycross Long/Short Equity Fund was 20.77%, occurring on Mar 18, 2020. Recovery took 56 trading sessions.
The current Waycross Long/Short Equity Fund drawdown is 1.56%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.77% | Feb 21, 2020 | 19 | Mar 18, 2020 | 56 | Jun 8, 2020 | 75 |
| -17.31% | Nov 9, 2021 | 221 | Sep 26, 2022 | 290 | Nov 20, 2023 | 511 |
| -17.3% | Aug 30, 2018 | 79 | Dec 21, 2018 | 134 | Jul 8, 2019 | 213 |
| -12.52% | Jul 23, 2015 | 141 | Feb 11, 2016 | 356 | Jul 12, 2017 | 497 |
| -10.83% | Feb 20, 2025 | 34 | Apr 8, 2025 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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