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Wilmington Global Alpha Equities Fund (WRAIX) Sharpe Ratio: 1.40

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The investment seeks to achieve long-term growth of capital with lower volatility than broader equity markets. The fund invests at least 80%, under normal circumstances, of the value of its net assets in equity securities. It will invest in publicly-traded equity securities, including common stock, preferred stock and depositary receipts, of companies of all market capitalizations. The fund may invest up to 70% of its assets in the equity securities of non-U.S. issuers, including companies that conduct their principal business activities in emerging markets or whose securities are traded principally on exchanges in emerging markets.

WRAIX's Sharpe Ratio of 1.40 indicates that for each unit of volatility, it generates 1.40 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 3, 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.

WRAIX Sharpe Ratio Rank

WRAIX Sharpe Ratio Rank: 23.023
Below Average

WRAIX ranks above 23.0% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-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

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

WRAIX Sharpe Ratio Market Positioning

The chart shows WRAIX'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%): 1.42 or lower
  • Yellow zone (middle 50%): 1.42 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 4.64+
  • Median: 2.09 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Wilmington Global Alpha Equities Fund's Sharpe Ratio with other mutual funds in the Long-Short category across multiple time periods, showing how WRAIX'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 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
JAKVXJohn Hancock Disciplined Value Global Long/Short Fund Class R63.76
JAKRXJohn Hancock Disciplined Value Global Long/Short Fund Class A3.72
BPLEXBoston Partners Long/Short Equity Fund3.32
BDMIXBlackRock Global Long/Short Equity Fund Class I3.19
GARIXGotham Absolute Return Fund2.88
CDAZXMulti-Manager Directional Alternative Strategies Fund2.80
ASILXAB Select US Long/Short Portfolio2.63
FLSPXMeeder Spectrum Fund2.56
SNOIXEasterly Snow Capital Long/Short Opportunity Fund2.49
LSEIXPersimmon Long/Short Fund2.44
WRAIXWilmington Global Alpha Equities Fund1.40

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows WRAIX'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 WRAIX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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