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 higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Waycross Long/Short Equity 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
Waycross Long/Short Equity Fund had a return of 2.94% year-to-date (YTD) and 6.59% in the last 12 months.
WAYEX
2.94%
0.41%
2.04%
6.59%
7.58%
N/A
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
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% | 2.94% | |||||||||||
| 2024 | 2.21% | 5.33% | 2.05% | -2.18% | 2.11% | 1.89% | -1.28% | 0.76% | 1.05% | -0.06% | 3.29% | -5.13% | 10.06% |
| 2023 | 2.78% | -0.88% | 1.77% | 1.74% | 1.71% | 3.57% | 1.76% | -1.53% | -2.29% | -0.21% | 6.15% | 1.17% | 16.58% |
| 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% | -4.07% | 5.82% |
| 2020 | 0.68% | -4.63% | -6.71% | 6.81% | 3.81% | 2.73% | 3.41% | 6.83% | -1.80% | -0.92% | 8.50% | 1.57% | 20.85% |
| 2019 | 8.23% | 2.35% | 2.02% | 3.06% | -4.19% | 4.28% | 0.87% | -0.26% | 0.09% | 1.13% | 0.77% | 0.43% | 19.92% |
| 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% | 1.40% | -0.37% | 11.93% |
| 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 36, 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.
Dividends
Dividend History
Waycross Long/Short Equity Fund provided a 1.73% dividend yield over the last twelve months, with an annual payout of $0.30 per share.
| Period | TTM | 2024 | 2023 |
|---|---|---|---|
| Dividend | $0.30 | $0.30 | $0.12 |
Dividend yield | 1.73% | 1.78% | 0.80% |
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 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2023 | $0.12 | $0.12 |
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 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 21.47%, occurring on Sep 26, 2022. Recovery took 340 trading sessions.
The current Waycross Long/Short Equity Fund drawdown is 3.69%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.47% | Nov 9, 2021 | 221 | Sep 26, 2022 | 340 | Feb 2, 2024 | 561 |
| -20.77% | Feb 21, 2020 | 19 | Mar 18, 2020 | 56 | Jun 8, 2020 | 75 |
| -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 |
| -6.72% | Dec 12, 2024 | 21 | Jan 14, 2025 | — | — | — |
Volatility
Volatility Chart
The current Waycross Long/Short Equity Fund volatility is 1.94%, 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.