KCEIX vs. WTLS

Last updated Aug 1, 2026

KCEIX (Knights of Columbus Long/Short Equity Fund) and WTLS (WisdomTree Efficient Long/Short US Equity Fund) are both Long-Short funds. Their -0.13 correlation means they have often moved in opposite directions in the past. KCEIX charges 1.50%/yr vs 0.88%/yr for WTLS.

Performance

KCEIX vs. WTLS - Performance Comparison

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

Returns By Period

KCEIX

• 1D: -1.14%
• 1M: 3.13%
• 6M: 10.85%
• YTD: 11.56%
• 1Y: 16.72%
• 3Y*: 11.38%
• 5Y*: 10.57%
• 10Y*: —
• ALL TIME*: 7.32%

WTLS

• 1D: 0.97%
• 1M: 3.51%
• 6M: 18.98%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
KCEIX Knights of Columbus Long/Short Equity Fund	$0.00	$0.00	$0.00
WTLS WisdomTree Efficient Long/Short US Equity Fund	$489.28K	$280.56K	$150.36K

KCEIX vs. WTLS - Yearly Performance Comparison

	2026 (YTD)
KCEIX Knights of Columbus Long/Short Equity Fund	11.92%
WTLS WisdomTree Efficient Long/Short US Equity Fund	20.44%

Correlation

The correlation between KCEIX and WTLS is -0.13, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 22, 2026	-0.13

Return for Risk

KCEIX vs. WTLS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

KCEIX

KCEIX Risk / Return Rank: 96
KCEIX Sharpe Ratio Rank: 96
KCEIX Sortino Ratio Rank: 96
KCEIX Omega Ratio Rank: 92
KCEIX Calmar Ratio Rank: 98
KCEIX Martin Ratio Rank: 97

WTLS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

KCEIX vs. WTLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Knights of Columbus Long/Short Equity Fund (KCEIX) 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.

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.

	KCEIX	WTLS	Difference
Sharpe ratio: Return per unit of total volatility	2.72	—	—
Sortino ratio: Return per unit of downside risk	4.11	—	—
Omega ratio: Gain probability vs. loss probability	1.52	—	—
Calmar ratio: Return relative to maximum drawdown	6.27	—	—
Martin ratio: Return relative to average drawdown	19.56	—	—

Drawdowns

KCEIX vs. WTLS - Drawdown Comparison

The maximum KCEIX drawdown since its inception was -16.07%, which is greater than WTLS's maximum drawdown of -8.94%. Use the drawdown chart below to compare losses from any high point for KCEIX and WTLS.

Drawdown Indicators

	KCEIX	WTLS	Difference
Max Drawdown Largest peak-to-trough decline	-16.07%	-8.94%	-7.13%
Max Drawdown (1Y) Largest decline over 1 year	-2.82%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.12%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-7.12%	—	—
Current Drawdown Current decline from peak	-1.14%	0.00%	-1.14%
Average Drawdown Average peak-to-trough decline	-3.40%	-1.98%	-1.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.90%	—	—

Volatility

Volatility by Period

	KCEIX	WTLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.84%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.42%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.62%	18.46%	-11.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.90%	18.46%	-11.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.09%	18.46%	-10.37%

KCEIX vs. WTLS - Expense Ratio Comparison

KCEIX has a 1.50% expense ratio, which is higher than WTLS's 0.88% expense ratio.

Dividends

KCEIX vs. WTLS - Dividend Comparison

KCEIX's dividend yield for the trailing twelve months is around 1.48%, while WTLS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
KCEIX Knights of Columbus Long/Short Equity Fund	1.48%	1.66%	2.35%	2.20%	7.60%	0.00%	0.14%
WTLS WisdomTree Efficient Long/Short US Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KCEIX and WTLS in my portfolio?

KCEIX and WTLS have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.