- ISIN
- US71709W2035
- CUSIP
- 71709W203
- Issuer
- Wireless
- Inception Date
- Apr 3, 2000
- Category
- Technology Equities
- Min. Investment
- $5,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
WIREX Performance Chart
Wireless Fund (WIREX) is up 23.9% since the beginning of the year. WIREX is currently trading at $29 per share. Investors who bought $1,000 worth of WIREX shares 5 years ago would now be looking at an investment worth $2,573.
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Returns By Period
Wireless Fund (WIREX) has returned 23.94% so far this year and 56.64% over the past 12 months. Looking at the last ten years, WIREX has achieved an annualized return of 21.54%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
Wireless Fund
- 1D
- 2.80%
- 1M
- 3.86%
- YTD
- 23.94%
- 6M
- 23.57%
- 1Y
- 56.64%
- 3Y*
- 34.60%
- 5Y*
- 20.81%
- 10Y*
- 21.54%
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%
WIREX Monthly Returns History
Based on dividend-adjusted daily data since Mar 31, 2000, WIREX's average daily return is +0.04%, while the average monthly return is +0.65%. At this rate, an investment would double in approximately 8.9 years.
Historically, 59% of months were positive and 41% were negative. The best month was Nov 2002 with a return of +30.5%, while the worst month was Feb 2001 at -34.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 7 months.
On a daily basis, WIREX closed higher 51% of trading days. The best single day was Jan 29, 2025 with a return of +118.0%, while the worst single day was Jan 30, 2025 at -53.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.11% | -3.00% | -5.44% | 18.41% | 12.24% | 0.55% | 23.94% | ||||||
| 2025 | 0.26% | -5.15% | -8.39% | 0.42% | 10.49% | 10.25% | 5.82% | 0.65% | 9.28% | 5.72% | -3.78% | 0.21% | 26.45% |
| 2024 | 3.47% | 9.30% | 4.01% | -3.37% | 9.34% | 7.69% | -3.44% | 1.59% | 1.99% | -0.53% | 3.19% | 0.59% | 38.24% |
| 2023 | 10.78% | -0.70% | 9.80% | -0.46% | 11.09% | 5.49% | 5.13% | -1.95% | -6.58% | -1.80% | 11.93% | 5.76% | 57.70% |
| 2022 | -9.65% | -3.84% | 2.27% | -14.15% | 0.98% | -10.86% | 11.78% | -6.82% | -12.55% | 3.70% | 9.75% | -8.35% | -34.76% |
| 2021 | 0.57% | 3.12% | -1.79% | 4.98% | -2.20% | 6.62% | 1.28% | 2.53% | -7.40% | 6.39% | 4.13% | 3.75% | 23.22% |
Benchmark Metrics
Wireless Fund has an annualized alpha of 0.75%, beta of 1.29, and R2 of 0.39 versus S&P 500 Index. Calculated based on daily prices since March 31, 2000.
- This fund captured 145.90% of S&P 500 Index gains and 141.81% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.39 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 0.75%
- Beta
- 1.29
- R²
- 0.39
- Upside Capture
- 145.90%
- Downside Capture
- 141.81%
Expense Ratio
WIREX has a high expense ratio of 1.95%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
WIREX 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 Wireless Fund (WIREX) 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.
| WIREX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.39 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.37 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.41 | 2.78 | +0.62 |
| Martin ratioReturn relative to average drawdown | 11.13 | 12.44 | -1.30 |
Dividends
Dividend History
Wireless Fund provided a 2.75% dividend yield over the last twelve months, with an annual payout of $0.80 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.80 | $0.80 | $0.37 | $0.06 | $0.61 | $2.44 | $1.59 | $2.38 | $0.54 |
Dividend yield | 2.75% | 3.41% | 1.95% | 0.45% | 6.80% | 16.58% | 11.36% | 21.52% | 5.51% |
Monthly Dividends
The table displays the monthly dividend distributions for Wireless 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 | $0.80 | $0.80 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.06 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.61 | $0.61 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.44 | $2.44 |
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 Wireless 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 Wireless Fund was 92.42%, occurring on Oct 9, 2002. Recovery took 4618 trading sessions.
The current Wireless Fund drawdown is 28.47%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -92.42%Oct 2002 | 2y 6mo | 18y 4mo | 20y 10moApr 2000 - Feb 2021 |
2025 selloff2025 | -64.74%Apr 2025 | 2mo 8d | — | 1y 4moJan 2025 - now |
Bear market2022 | -40.64%Oct 2022 | 9mo 20d | 1y 2mo | 1y 11moDec 2021 - Dec 2023 |
2024 correction2024 | -16.64%Aug 2024 | 27d | 3mo 29d | 4mo 26dJul 2024 - Dec 2024 |
2021 correction2021 | -14.03%Mar 2021 | 19d | 3mo 22d | 4mo 11dFeb 2021 - Jun 2021 |
Drawdown Indicators
| WIREX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.42% | -56.78% | -35.64% |
Max Drawdown (1Y)Largest decline over 1 year | -16.20% | -9.10% | -7.10% |
Max Drawdown (3Y)Largest decline over 3 years | -64.74% | -18.90% | -45.84% |
Max Drawdown (5Y)Largest decline over 5 years | -64.74% | -25.43% | -39.31% |
Max Drawdown (10Y)Largest decline over 10 years | -64.74% | -33.92% | -30.82% |
Current DrawdownCurrent decline from peak | -28.47% | -1.80% | -26.67% |
Average DrawdownAverage peak-to-trough decline | -58.33% | -10.71% | -47.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.95% | 2.03% | +2.92% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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