RPXIX vs. WPGTX

Last updated Jun 23, 2026

RPXIX (RiverPark Large Growth Fund) and WPGTX (WPG Partners Small/Micro Cap Value Fund) are both mutual funds - RPXIX is a Large Cap Growth Equities fund managed by RiverPark Funds, while WPGTX is a Small Cap Value Equities fund managed by Boston Partners. Over the past 10 years, RPXIX returned 11.83%/yr vs 10.19%/yr for WPGTX. A 0.67 correlation means they provide meaningful diversification when combined. RPXIX charges 0.91%/yr vs 1.10%/yr for WPGTX.

Performance

RPXIX vs. WPGTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RiverPark Large Growth Fund (RPXIX) and WPG Partners Small/Micro Cap Value Fund (WPGTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RPXIX achieves a -0.24% return, which is significantly lower than WPGTX's 20.07% return. Over the past 10 years, RPXIX has outperformed WPGTX with an annualized return of 11.83%, while WPGTX has yielded a comparatively lower 10.19% annualized return.

RPXIX

• 1D: 1.04%
• 1M: -0.21%
• YTD: -0.24%
• 6M: -0.58%
• 1Y: 11.67%
• 3Y*: 17.08%
• 5Y*: -0.18%
• 10Y*: 11.83%

WPGTX

• 1D: 1.25%
• 1M: 4.43%
• YTD: 20.07%
• 6M: 18.50%
• 1Y: 34.35%
• 3Y*: 15.05%
• 5Y*: 12.38%
• 10Y*: 10.19%

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

RPXIX vs. WPGTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RPXIX RiverPark Large Growth Fund	-0.24%	13.18%	22.55%	51.57%	-47.37%	1.09%	55.28%	32.49%	-4.78%	30.27%
WPGTX WPG Partners Small/Micro Cap Value Fund	20.07%	7.08%	10.53%	14.45%	2.10%	40.04%	-1.31%	23.35%	-21.88%	5.58%

Correlation

The correlation between RPXIX and WPGTX is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (10Y) Calculated over the trailing 10-year period	0.60
Correlation (All Time) Calculated using the full available price history since Jan 3, 2011	0.67

The correlation between RPXIX and WPGTX shifts across timeframes, from 0.53 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.

Return for Risk

RPXIX vs. WPGTX — Risk / Return Rank

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

RPXIX

RPXIX Risk / Return Rank: 9
RPXIX Sharpe Ratio Rank: 10
RPXIX Sortino Ratio Rank: 9
RPXIX Omega Ratio Rank: 9
RPXIX Calmar Ratio Rank: 8
RPXIX Martin Ratio Rank: 9

WPGTX

WPGTX Risk / Return Rank: 63
WPGTX Sharpe Ratio Rank: 61
WPGTX Sortino Ratio Rank: 62
WPGTX Omega Ratio Rank: 55
WPGTX Calmar Ratio Rank: 75
WPGTX Martin Ratio Rank: 64

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.

RPXIX vs. WPGTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RiverPark Large Growth Fund (RPXIX) and WPG Partners Small/Micro Cap Value Fund (WPGTX). 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.

	RPXIX	WPGTX	Difference
Sharpe ratio: Return per unit of total volatility	0.74	2.12	-1.37
Sortino ratio: Return per unit of downside risk	1.10	3.00	-1.90
Omega ratio: Gain probability vs. loss probability	1.14	1.37	-0.23
Calmar ratio: Return relative to maximum drawdown	0.72	3.23	-2.51
Martin ratio: Return relative to average drawdown	2.41	11.77	-9.36

RPXIX vs. WPGTX - Sharpe Ratio Comparison

The current RPXIX Sharpe Ratio is 0.74, which is lower than the WPGTX Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of RPXIX and WPGTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RPXIX vs. WPGTX - Drawdown Comparison

The maximum RPXIX drawdown since its inception was -58.56%, roughly equal to the maximum WPGTX drawdown of -60.60%. Use the drawdown chart below to compare losses from any high point for RPXIX and WPGTX.

Drawdown Indicators

	RPXIX	WPGTX	Difference
Max Drawdown Largest peak-to-trough decline	-58.56%	-60.60%	+2.04%
Max Drawdown (1Y) Largest decline over 1 year	-15.28%	-10.64%	-4.64%
Max Drawdown (3Y) Largest decline over 3 years	-21.93%	-25.90%	+3.97%
Max Drawdown (5Y) Largest decline over 5 years	-58.56%	-25.90%	-32.66%
Max Drawdown (10Y) Largest decline over 10 years	-58.56%	-50.03%	-8.53%
Current Drawdown Current decline from peak	-8.10%	-0.31%	-7.79%
Average Drawdown Average peak-to-trough decline	-11.61%	-13.00%	+1.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.56%	2.91%	+1.65%

Volatility

RPXIX vs. WPGTX - Volatility Comparison

RiverPark Large Growth Fund (RPXIX) and WPG Partners Small/Micro Cap Value Fund (WPGTX) have volatilities of 5.30% and 5.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RPXIX	WPGTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.30%	5.09%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	11.84%	11.40%	+0.44%
Volatility (1Y) Calculated over the trailing 1-year period	14.81%	16.25%	-1.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.32%	19.74%	+6.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.76%	22.47%	+2.29%

RPXIX vs. WPGTX - Expense Ratio Comparison

RPXIX has a 0.91% expense ratio, which is lower than WPGTX's 1.10% expense ratio.

Dividends

RPXIX vs. WPGTX - Dividend Comparison

RPXIX's dividend yield for the trailing twelve months is around 9.17%, more than WPGTX's 8.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RPXIX RiverPark Large Growth Fund	9.17%	9.15%	7.22%	0.00%	0.01%	3.79%	6.69%	11.76%	15.17%	9.01%	0.54%	1.72%
WPGTX WPG Partners Small/Micro Cap Value Fund	8.45%	10.15%	6.38%	7.58%	17.82%	1.47%	0.64%	0.44%	8.44%	6.83%	0.42%	3.03%

Frequently Asked Questions

Can I hold both RPXIX and WPGTX in my portfolio?

RPXIX and WPGTX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RPXIX or WPGTX?

RPXIX has higher volatility (5.30%) compared to WPGTX (5.09%). In terms of maximum drawdown, RPXIX dropped -58.56% vs WPGTX's -60.60%.

Which has better risk-adjusted returns?

WPGTX currently has the higher Sharpe Ratio (2.12 vs 0.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.