SAOPX vs. WBREOX

Last updated Jun 3, 2026

SAOPX (Barrett Opportunity Fund) and WBREOX (CIT: BlackRock Equity Index Fund Class 1) are both Large Cap Blend Equities funds. Over the past year, SAOPX returned 30.62% vs 29.56% for WBREOX. A 0.58 correlation means they provide meaningful diversification when combined. SAOPX charges 1.18%/yr vs 0.02%/yr for WBREOX.

Performance

SAOPX vs. WBREOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Barrett Opportunity Fund (SAOPX) and CIT: BlackRock Equity Index Fund Class 1 (WBREOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SAOPX achieves a 7.76% return, which is significantly lower than WBREOX's 11.56% return.

SAOPX

• 1D: 0.38%
• 1M: 0.53%
• YTD: 7.76%
• 6M: 8.50%
• 1Y: 30.62%
• 3Y*: 18.73%
• 5Y*: 13.13%
• 10Y*: 12.09%

WBREOX

• 1D: 0.27%
• 1M: 5.24%
• YTD: 11.56%
• 6M: 11.93%
• 1Y: 29.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SAOPX vs. WBREOX - Yearly Performance Comparison

	2026 (YTD)	2025
SAOPX Barrett Opportunity Fund	7.76%	11.61%
WBREOX CIT: BlackRock Equity Index Fund Class 1	11.56%	16.64%

Correlation

The correlation between SAOPX and WBREOX is 0.55, 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	0.55
Correlation (All Time) Calculated using the full available price history since Jan 6, 2025	0.58

The correlation between SAOPX and WBREOX has been stable across timeframes, ranging from 0.55 to 0.58 - a consistent structural relationship.

Return for Risk

SAOPX vs. WBREOX — Risk / Return Rank

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

SAOPX

SAOPX Risk / Return Rank: 73
SAOPX Sharpe Ratio Rank: 80
SAOPX Sortino Ratio Rank: 73
SAOPX Omega Ratio Rank: 71
SAOPX Calmar Ratio Rank: 84
SAOPX Martin Ratio Rank: 56

WBREOX

WBREOX Risk / Return Rank: 88
WBREOX Sharpe Ratio Rank: 87
WBREOX Sortino Ratio Rank: 84
WBREOX Omega Ratio Rank: 78
WBREOX Calmar Ratio Rank: 95
WBREOX Martin Ratio Rank: 97

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.

SAOPX vs. WBREOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Barrett Opportunity Fund (SAOPX) and CIT: BlackRock Equity Index Fund Class 1 (WBREOX). 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.

	SAOPX	WBREOX	Difference
Sharpe ratio Return per unit of total volatility	2.61	2.83	-0.22
Sortino ratio Return per unit of downside risk	3.58	3.98	-0.40
Omega ratio Gain probability vs. loss probability	1.47	1.51	-0.04
Calmar ratio Return relative to maximum drawdown	3.99	5.72	-1.73
Martin ratio Return relative to average drawdown	11.25	26.81	-15.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SAOPX vs. WBREOX - Sharpe Ratio Comparison

The current SAOPX Sharpe Ratio is 2.61, which is comparable to the WBREOX Sharpe Ratio of 2.83. The chart below compares the historical Sharpe Ratios of SAOPX and WBREOX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SAOPX	WBREOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.61	2.83	-0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	1.25	-0.88

Drawdowns

SAOPX vs. WBREOX - Drawdown Comparison

The maximum SAOPX drawdown since its inception was -65.75%, which is greater than WBREOX's maximum drawdown of -19.07%. Use the drawdown chart below to compare losses from any high point for SAOPX and WBREOX.

Drawdown Indicators

	SAOPX	WBREOX	Difference
Max Drawdown Largest peak-to-trough decline	-65.75%	-19.07%	-46.68%
Max Drawdown (1Y) Largest decline over 1 year	-7.64%	-8.89%	+1.25%
Max Drawdown (3Y) Largest decline over 3 years	-52.45%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-52.45%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.45%	—	—
Current Drawdown Current decline from peak	-28.99%	0.00%	-28.99%
Average Drawdown Average peak-to-trough decline	-12.43%	-2.61%	-9.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.71%	1.90%	+0.81%

Volatility

SAOPX vs. WBREOX - Volatility Comparison

The current volatility for Barrett Opportunity Fund (SAOPX) is 2.18%, while CIT: BlackRock Equity Index Fund Class 1 (WBREOX) has a volatility of 2.82%. This indicates that SAOPX experiences smaller price fluctuations and is considered to be less risky than WBREOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAOPX	WBREOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.18%	2.82%	-0.64%
Volatility (6M) Calculated over the trailing 6-month period	8.59%	9.55%	-0.96%
Volatility (1Y) Calculated over the trailing 1-year period	11.82%	12.25%	-0.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.69%	18.67%	+19.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.85%	18.67%	+11.18%

SAOPX vs. WBREOX - Expense Ratio Comparison

SAOPX has a 1.18% expense ratio, which is higher than WBREOX's 0.02% expense ratio.

Dividends

SAOPX vs. WBREOX - Dividend Comparison

SAOPX's dividend yield for the trailing twelve months is around 40.61%, while WBREOX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SAOPX Barrett Opportunity Fund	40.61%	43.76%	68.76%	28.25%	13.34%	12.53%	6.24%	10.08%	15.51%	6.06%	26.77%	11.55%
WBREOX CIT: BlackRock Equity Index Fund Class 1	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 SAOPX and WBREOX in my portfolio?

SAOPX and WBREOX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SAOPX or WBREOX?

WBREOX has higher volatility (2.82%) compared to SAOPX (2.18%). In terms of maximum drawdown, SAOPX dropped -65.75% vs WBREOX's -19.07%.

Which has better risk-adjusted returns?

WBREOX currently has the higher Sharpe Ratio (2.83 vs 2.61), 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.