RLSIX vs. RPXIX

Last updated Apr 1, 2026

Compare and contrast key facts about RiverPark Long/Short Opportunity Fund (RLSIX) and RiverPark Large Growth Fund (RPXIX).

RLSIX is managed by RiverPark Funds. It was launched on Mar 29, 2012. RPXIX is managed by RiverPark Funds. It was launched on Sep 30, 2010.

Performance

RLSIX vs. RPXIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RiverPark Long/Short Opportunity Fund (RLSIX) and RiverPark Large Growth Fund (RPXIX). The values are adjusted to include any dividend payments, if applicable.

RLSIX vs. RPXIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RLSIX RiverPark Long/Short Opportunity Fund	-12.16%	8.57%	16.06%	43.85%	-53.89%	2.10%	54.74%	20.00%	-2.20%	22.10%
RPXIX RiverPark Large Growth Fund	-13.34%	13.18%	22.55%	51.57%	-47.37%	1.09%	55.28%	32.49%	-4.78%	30.27%

Returns By Period

In the year-to-date period, RLSIX achieves a -12.16% return, which is significantly higher than RPXIX's -13.34% return. Over the past 10 years, RLSIX has underperformed RPXIX with an annualized return of 5.37%, while RPXIX has yielded a comparatively higher 10.12% annualized return.

RLSIX

• 1D: 0.15%
• 1M: -6.41%
• YTD: -12.16%
• 6M: -12.05%
• 1Y: 1.19%
• 3Y*: 11.41%
• 5Y*: -5.17%
• 10Y*: 5.37%

RPXIX

• 1D: 0.28%
• 1M: -8.04%
• YTD: -13.34%
• 6M: -12.24%
• 1Y: 5.71%
• 3Y*: 16.04%
• 5Y*: -1.11%
• 10Y*: 10.12%

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

RLSIX vs. RPXIX - Expense Ratio Comparison

RLSIX has a 1.75% expense ratio, which is higher than RPXIX's 0.91% expense ratio.

RLSIX

RiverPark Long/Short Opportunity Fund

RPXIX

RiverPark Large Growth Fund

Return for Risk

RLSIX vs. RPXIX — Risk / Return Rank

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

RLSIX

RLSIX Risk / Return Rank: 6
RLSIX Sharpe Ratio Rank: 7
RLSIX Sortino Ratio Rank: 7
RLSIX Omega Ratio Rank: 7
RLSIX Calmar Ratio Rank: 6
RLSIX Martin Ratio Rank: 5

RPXIX

RPXIX Risk / Return Rank: 11
RPXIX Sharpe Ratio Rank: 12
RPXIX Sortino Ratio Rank: 13
RPXIX Omega Ratio Rank: 13
RPXIX Calmar Ratio Rank: 10
RPXIX Martin Ratio Rank: 10

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.

RLSIX vs. RPXIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RiverPark Long/Short Opportunity Fund (RLSIX) and RiverPark Large Growth Fund (RPXIX). 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.

	RLSIX	RPXIX	Difference
Sharpe ratio Return per unit of total volatility	0.09	0.28	-0.20
Sortino ratio Return per unit of downside risk	0.24	0.56	-0.32
Omega ratio Gain probability vs. loss probability	1.03	1.08	-0.05
Calmar ratio Return relative to maximum drawdown	-0.05	0.20	-0.25
Martin ratio Return relative to average drawdown	-0.17	0.71	-0.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RLSIX vs. RPXIX - Sharpe Ratio Comparison

The current RLSIX Sharpe Ratio is 0.09, which is lower than the RPXIX Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of RLSIX and RPXIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RLSIX	RPXIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.09	0.28	-0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.21	-0.04	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	0.41	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.46	-0.12

Correlation

The correlation between RLSIX and RPXIX is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

RLSIX vs. RPXIX - Dividend Comparison

RLSIX has not paid dividends to shareholders, while RPXIX's dividend yield for the trailing twelve months is around 10.56%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RLSIX RiverPark Long/Short Opportunity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	11.94%	11.66%	1.26%	0.00%	0.00%
RPXIX RiverPark Large Growth Fund	10.56%	9.15%	7.22%	0.00%	0.01%	3.79%	6.69%	11.76%	15.17%	9.01%	0.54%	1.72%

Drawdowns

RLSIX vs. RPXIX - Drawdown Comparison

The maximum RLSIX drawdown since its inception was -60.82%, roughly equal to the maximum RPXIX drawdown of -58.56%. Use the drawdown chart below to compare losses from any high point for RLSIX and RPXIX.

Drawdown Indicators

	RLSIX	RPXIX	Difference
Max Drawdown Largest peak-to-trough decline	-60.82%	-58.56%	-2.26%
Max Drawdown (1Y) Largest decline over 1 year	-14.56%	-15.28%	+0.72%
Max Drawdown (5Y) Largest decline over 5 years	-60.82%	-58.56%	-2.26%
Max Drawdown (10Y) Largest decline over 10 years	-60.82%	-58.56%	-2.26%
Current Drawdown Current decline from peak	-34.87%	-20.17%	-14.70%
Average Drawdown Average peak-to-trough decline	-14.92%	-11.64%	-3.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.36%	4.30%	+0.06%

Volatility

RLSIX vs. RPXIX - Volatility Comparison

The current volatility for RiverPark Long/Short Opportunity Fund (RLSIX) is 3.92%, while RiverPark Large Growth Fund (RPXIX) has a volatility of 4.87%. This indicates that RLSIX experiences smaller price fluctuations and is considered to be less risky than RPXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RLSIX	RPXIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.92%	4.87%	-0.95%
Volatility (6M) Calculated over the trailing 6-month period	8.89%	10.79%	-1.90%
Volatility (1Y) Calculated over the trailing 1-year period	16.58%	21.14%	-4.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.20%	26.37%	-1.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.52%	24.71%	-3.19%