LSEIX vs. WTLS

Last updated Jun 23, 2026

LSEIX (Persimmon Long/Short Fund) and WTLS (WisdomTree Efficient Long/Short US Equity Fund) are both Long-Short funds. A 0.69 correlation means they provide meaningful diversification when combined. LSEIX charges 1.91%/yr vs 0.88%/yr for WTLS.

Performance

LSEIX vs. WTLS - Performance Comparison

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

Returns By Period

LSEIX

• 1D: 0.86%
• 1M: 2.35%
• YTD: 8.19%
• 6M: 7.94%
• 1Y: 22.61%
• 3Y*: 15.64%
• 5Y*: 10.19%
• 10Y*: 7.39%

WTLS

• 1D: 0.90%
• 1M: 2.58%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LSEIX vs. WTLS - Yearly Performance Comparison

	2026 (YTD)
LSEIX Persimmon Long/Short Fund	6.47%
WTLS WisdomTree Efficient Long/Short US Equity Fund	18.17%

Correlation

The correlation between LSEIX and WTLS is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 22, 2026	0.69

Return for Risk

LSEIX vs. WTLS — Risk / Return Rank

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

LSEIX

LSEIX Risk / Return Rank: 88
LSEIX Sharpe Ratio Rank: 85
LSEIX Sortino Ratio Rank: 82
LSEIX Omega Ratio Rank: 80
LSEIX Calmar Ratio Rank: 96
LSEIX Martin Ratio Rank: 96

WTLS

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

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.

LSEIX vs. WTLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Persimmon Long/Short Fund (LSEIX) 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.

	LSEIX	WTLS	Difference
Sharpe ratio: Return per unit of total volatility	2.57	—	—
Sortino ratio: Return per unit of downside risk	3.56	—	—
Omega ratio: Gain probability vs. loss probability	1.48	—	—
Calmar ratio: Return relative to maximum drawdown	5.76	—	—
Martin ratio: Return relative to average drawdown	22.57	—	—

Drawdowns

LSEIX vs. WTLS - Drawdown Comparison

The maximum LSEIX drawdown since its inception was -19.92%, which is greater than WTLS's maximum drawdown of -8.94%. Use the drawdown chart below to compare losses from any high point for LSEIX and WTLS.

Drawdown Indicators

	LSEIX	WTLS	Difference
Max Drawdown Largest peak-to-trough decline	-19.92%	-8.94%	-10.98%
Max Drawdown (1Y) Largest decline over 1 year	-3.90%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.63%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.63%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-19.92%	—	—
Current Drawdown Current decline from peak	0.00%	-1.80%	+1.80%
Average Drawdown Average peak-to-trough decline	-4.03%	-2.02%	-2.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.99%	—	—

Volatility

Volatility by Period

	LSEIX	WTLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.37%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.79%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.74%	19.25%	-10.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.92%	19.25%	-8.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.68%	19.25%	-8.57%

LSEIX vs. WTLS - Expense Ratio Comparison

LSEIX has a 1.91% expense ratio, which is higher than WTLS's 0.88% expense ratio.

Dividends

LSEIX vs. WTLS - Dividend Comparison

Neither LSEIX nor WTLS has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LSEIX Persimmon Long/Short Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.23%	3.49%	6.18%	0.00%	4.88%
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%

Frequently Asked Questions

Can I hold both LSEIX and WTLS in my portfolio?

LSEIX and WTLS have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.