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Wireless Fund (WIREX) Sharpe Ratio: 2.42

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund, under normal market conditions, invests at least 80% of its assets in the securities of companies engaged in the development, production, or distribution of wireless related products or services. It invests primarily in growth companies whose revenues and earnings are likely to grow faster than the economy as a whole, offering above-average prospects for capital appreciation and little or no emphasis on dividend income.

WIREX's Sharpe Ratio of 2.42 indicates that for each unit of volatility, it generates 2.42 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

WIREX Sharpe Ratio Rank

WIREX Sharpe Ratio Rank: 79.880
Above Average

WIREX ranks above 79.8% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

WIREX Sharpe Ratio Market Positioning

The chart shows WIREX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.33 or lower
  • Yellow zone (middle 50%): 1.33 to 2.32
  • Green zone (top 25%): 2.32 or higher
  • Top 1%: 4.32+
  • Median: 1.93 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Wireless Fund's Sharpe Ratio with other mutual funds in the Technology Equities category across multiple time periods, showing how WIREX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 23, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FDCPXFidelity Select Tech Hardware Portfolio5.63
RYSIXRydex Electronics Fund4.57
ARKVXARK Venture Fund4.51
FIKGXFidelity Advisor Semiconductors Fund Class Z4.49
FELIXFidelity Advisor Semiconductors Fund Class I4.48
FELAXFidelity Advisor Semiconductors Fund Class A4.46
FELTXFidelity Advisor Semiconductors Fund Class M4.44
FELCXFidelity Advisor Semiconductors Fund Class C4.40
CCOYXColumbia Seligman Technology and Information Fund Institutional 3 Class4.40
SCMIXColumbia Seligman Technology and Information Fund Institutional 2 Class4.40
WIREXWireless Fund2.42

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows WIREX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when WIREX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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