- ISIN
- US94904P7087
- CUSIP
- 94904P708
- Issuer
- Weitz
- Inception Date
- Dec 29, 2005
- Category
- Long-Short
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
WPOPX Performance Chart
Weitz Partners III Opportunity Fund (WPOPX) is down 1.8% since the beginning of the year. WPOPX is currently trading at $13 per share. Investors who bought $1,000 worth of WPOPX shares 5 years ago would now be looking at an investment worth $1,085.
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Returns By Period
Weitz Partners III Opportunity Fund (WPOPX) has returned -1.78% so far this year and 1.70% over the past 12 months. Over the last ten years, WPOPX has returned 6.17% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
Weitz Partners III Opportunity Fund
- 1D
- -0.78%
- 1M
- 0.24%
- YTD
- -1.78%
- 6M
- -1.29%
- 1Y
- 1.70%
- 3Y*
- 8.92%
- 5Y*
- 1.64%
- 10Y*
- 6.17%
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
WPOPX Monthly Returns History
Based on dividend-adjusted daily data since Dec 30, 2005, WPOPX's average daily return is +0.03%, while the average monthly return is +0.63%. At this rate, an investment would double in approximately 9.2 years.
Historically, 59% of months were positive and 41% were negative. The best month was Apr 2009 with a return of +15.8%, while the worst month was Oct 2008 at -17.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 7 months.
On a daily basis, WPOPX closed higher 51% of trading days. The best single day was Mar 10, 2009 with a return of +8.3%, while the worst single day was Mar 16, 2020 at -10.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.77% | -1.71% | -5.62% | 6.46% | 1.02% | -0.78% | -1.78% | ||||||
| 2025 | 4.45% | -3.75% | -0.98% | -3.26% | 3.60% | 2.57% | -1.99% | 3.61% | -1.38% | -0.66% | 1.48% | -0.09% | 3.23% |
| 2024 | 2.38% | 3.37% | 2.25% | -5.46% | 1.85% | 0.79% | 5.08% | 2.83% | 1.23% | -0.50% | 5.68% | -3.69% | 16.32% |
| 2023 | 8.45% | -3.65% | -1.38% | 2.53% | -0.77% | 6.17% | 2.99% | 0.86% | -4.28% | -4.22% | 6.53% | 3.90% | 17.35% |
| 2022 | -1.48% | -4.38% | 0.75% | -7.73% | 2.06% | -8.50% | 7.01% | -5.30% | -11.27% | 4.90% | 6.93% | -6.08% | -22.53% |
| 2021 | -1.29% | 5.50% | 3.04% | 3.61% | 0.12% | 0.17% | 1.68% | 1.14% | -2.82% | 0.87% | -3.62% | 3.89% | 12.55% |
Benchmark Metrics
Weitz Partners III Opportunity Fund has an annualized alpha of -0.31%, beta of 0.75, and R2 of 0.78 versus S&P 500 Index. Calculated based on daily prices since January 03, 2006.
- This fund participated in 86.55% of S&P 500 Index downside but only 76.22% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- -0.31%
- Beta
- 0.75
- R²
- 0.78
- Upside Capture
- 76.22%
- Downside Capture
- 86.55%
Expense Ratio
WPOPX has a high expense ratio of 1.43%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
WPOPX ranks 3 for risk / return — in the bottom 3% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Weitz Partners III Opportunity Fund (WPOPX) and compare them to S&P 500 Index.
| WPOPX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.14 | 2.39 | -2.25 |
Sortino ratioReturn per unit of downside risk | 0.27 | 3.25 | -2.98 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.43 | -0.40 |
Calmar ratioReturn relative to maximum drawdown | 0.13 | 3.11 | -2.98 |
Martin ratioReturn relative to average drawdown | 0.39 | 14.38 | -13.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Weitz Partners III Opportunity Fund provided a 5.73% dividend yield over the last twelve months, with an annual payout of $0.73 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.73 | $0.73 | $0.93 | $0.83 | $0.94 | $1.84 | $1.93 | $1.04 | $1.02 | $0.67 | $0.19 | $1.84 |
Dividend yield | 5.73% | 5.62% | 7.04% | 6.85% | 8.47% | 11.86% | 12.50% | 6.51% | 7.99% | 4.65% | 1.35% | 13.50% |
Monthly Dividends
The table displays the monthly dividend distributions for Weitz Partners III Opportunity 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 | $0.73 | $0.73 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.93 | $0.93 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.83 | $0.83 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.94 | $0.94 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.84 | $1.84 |
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 Weitz Partners III Opportunity 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 Weitz Partners III Opportunity Fund was 55.70%, occurring on Nov 20, 2008. Recovery took 517 trading sessions.
The current Weitz Partners III Opportunity Fund drawdown is 4.07%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -55.70%Nov 2008 | 1y 5mo | 2y 20d | 3y 6moJun 2007 - Dec 2010 |
Bear market2022 | -28.73%Nov 2022 | 11mo 23d | 1y 10mo | 2y 9moNov 2021 - Aug 2024 |
COVID crash2020 | -28.40%Mar 2020 | 1mo 1d | 7mo 23d | 8mo 24dFeb 2020 - Nov 2020 |
2016 bear market2016 | -21.05%Feb 2016 | 10mo 1d | 1y 5mo | 2y 3moApr 2015 - Jul 2017 |
2011 correction2011 | -18.13%Oct 2011 | 2mo 27d | 4mo 3d | 7moJul 2011 - Feb 2012 |
Drawdown Indicators
| WPOPX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.70% | -56.78% | +1.08% |
Max Drawdown (1Y)Largest decline over 1 year | -12.44% | -9.10% | -3.34% |
Max Drawdown (3Y)Largest decline over 3 years | -14.79% | -18.90% | +4.11% |
Max Drawdown (5Y)Largest decline over 5 years | -28.73% | -25.43% | -3.30% |
Max Drawdown (10Y)Largest decline over 10 years | -28.73% | -33.92% | +5.19% |
Current DrawdownCurrent decline from peak | -4.07% | 0.00% | -4.07% |
Average DrawdownAverage peak-to-trough decline | -8.35% | -10.72% | +2.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.13% | 1.97% | +2.16% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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