HSGFX vs. WTLS

Last updated Apr 1, 2026

Compare and contrast key facts about Hussman Strategic Growth Fund (HSGFX) and WisdomTree Efficient Long/Short US Equity Fund (WTLS).

HSGFX is managed by Hussman Funds. It was launched on Jul 24, 2000. WTLS is an actively managed fund by WisdomTree. It was launched on Jan 20, 2026.

Performance

HSGFX vs. WTLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hussman Strategic Growth Fund (HSGFX) and WisdomTree Efficient Long/Short US Equity Fund (WTLS). The values are adjusted to include any dividend payments, if applicable.

HSGFX vs. WTLS - Yearly Performance Comparison

	2026 (YTD)
HSGFX Hussman Strategic Growth Fund	8.08%
WTLS WisdomTree Efficient Long/Short US Equity Fund	-2.35%

Returns By Period

HSGFX

• 1D: -0.17%
• 1M: 5.24%
• YTD: 5.80%
• 6M: 2.66%
• 1Y: 0.49%
• 3Y*: -1.32%
• 5Y*: -0.64%
• 10Y*: -1.69%

WTLS

• 1D: 3.22%
• 1M: -4.31%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HSGFX vs. WTLS - Expense Ratio Comparison

HSGFX has a 1.15% expense ratio, which is higher than WTLS's 0.88% expense ratio.

HSGFX

Hussman Strategic Growth Fund

WTLS

WisdomTree Efficient Long/Short US Equity Fund

Return for Risk

HSGFX vs. WTLS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HSGFX

HSGFX Risk / Return Rank: 7
HSGFX Sharpe Ratio Rank: 7
HSGFX Sortino Ratio Rank: 7
HSGFX Omega Ratio Rank: 6
HSGFX Calmar Ratio Rank: 9
HSGFX Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HSGFX vs. WTLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hussman Strategic Growth Fund (HSGFX) and WisdomTree Efficient Long/Short US Equity Fund (WTLS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	HSGFX	WTLS	Difference
Sharpe ratio Return per unit of total volatility	0.09	—	—
Sortino ratio Return per unit of downside risk	0.25	—	—
Omega ratio Gain probability vs. loss probability	1.03	—	—
Calmar ratio Return relative to maximum drawdown	0.14	—	—
Martin ratio Return relative to average drawdown	0.22	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HSGFX	WTLS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.09	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.06	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	-0.61	+0.68

Correlation

The correlation between HSGFX and WTLS is -0.58. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

HSGFX vs. WTLS - Dividend Comparison

HSGFX's dividend yield for the trailing twelve months is around 2.20%, while WTLS has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HSGFX Hussman Strategic Growth Fund	2.20%	2.33%	3.00%	3.10%	1.08%	0.42%	0.16%	1.84%	1.19%	0.50%	0.28%	0.56%
WTLS WisdomTree Efficient Long/Short US Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

HSGFX vs. WTLS - Drawdown Comparison

The maximum HSGFX drawdown since its inception was -60.61%, which is greater than WTLS's maximum drawdown of -8.94%. Use the drawdown chart below to compare losses from any high point for HSGFX and WTLS.

Drawdown Indicators

	HSGFX	WTLS	Difference
Max Drawdown Largest peak-to-trough decline	-60.61%	-8.94%	-51.67%
Max Drawdown (1Y) Largest decline over 1 year	-18.73%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.42%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.70%	—	—
Current Drawdown Current decline from peak	-49.60%	-6.01%	-43.59%
Average Drawdown Average peak-to-trough decline	-26.67%	-2.84%	-23.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.35%	—	—

Volatility

Volatility by Period

	HSGFX	WTLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.42%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.48%	19.88%	-7.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.93%	19.88%	-8.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.59%	19.88%	-9.29%