WAYEX vs. BDMIX
Compare and contrast key facts about Waycross Long/Short Equity Fund (WAYEX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX).
WAYEX is managed by Waycross. It was launched on Apr 28, 2015. BDMIX is managed by BlackRock. It was launched on Dec 20, 2012.
Performance
WAYEX vs. BDMIX - Performance Comparison
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WAYEX vs. BDMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WAYEX Waycross Long/Short Equity Fund | -7.02% | 13.16% | 22.40% | 18.99% | -11.66% | 11.43% | 22.27% | 21.17% | -8.80% | 13.05% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 3.57% | 18.30% | 21.39% | 14.55% | 1.80% | 3.34% | 0.29% | -0.85% | 2.20% | 12.85% |
Returns By Period
In the year-to-date period, WAYEX achieves a -7.02% return, which is significantly lower than BDMIX's 3.57% return. Over the past 10 years, WAYEX has outperformed BDMIX with an annualized return of 9.10%, while BDMIX has yielded a comparatively lower 7.21% annualized return.
WAYEX
- 1D
- -0.36%
- 1M
- -5.87%
- YTD
- -7.02%
- 6M
- -4.88%
- 1Y
- 8.66%
- 3Y*
- 13.91%
- 5Y*
- 7.63%
- 10Y*
- 9.10%
BDMIX
- 1D
- -0.46%
- 1M
- 0.87%
- YTD
- 3.57%
- 6M
- 6.57%
- 1Y
- 16.65%
- 3Y*
- 18.58%
- 5Y*
- 11.16%
- 10Y*
- 7.21%
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WAYEX vs. BDMIX - Expense Ratio Comparison
WAYEX has a 2.27% expense ratio, which is higher than BDMIX's 1.57% expense ratio.
Return for Risk
WAYEX vs. BDMIX — Risk / Return Rank
WAYEX
BDMIX
WAYEX vs. BDMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Waycross Long/Short Equity Fund (WAYEX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX). 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.
| WAYEX | BDMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 2.57 | -1.67 |
Sortino ratioReturn per unit of downside risk | 1.37 | 3.76 | -2.40 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.48 | -0.29 |
Calmar ratioReturn relative to maximum drawdown | 0.95 | 4.90 | -3.95 |
Martin ratioReturn relative to average drawdown | 4.11 | 13.59 | -9.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WAYEX | BDMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 2.57 | -1.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 1.72 | -0.98 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 1.25 | -0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 1.14 | -0.47 |
Correlation
The correlation between WAYEX and BDMIX is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
WAYEX vs. BDMIX - Dividend Comparison
WAYEX's dividend yield for the trailing twelve months is around 5.69%, less than BDMIX's 8.63% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAYEX Waycross Long/Short Equity Fund | 5.69% | 5.29% | 12.41% | 2.86% | 0.00% | 5.33% | 1.17% | 1.05% | 0.00% | 1.01% | 0.00% | 0.00% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 8.63% | 8.94% | 13.26% | 7.42% | 0.00% | 1.23% | 0.30% | 6.78% | 0.94% | 0.00% | 0.00% | 1.86% |
Drawdowns
WAYEX vs. BDMIX - Drawdown Comparison
The maximum WAYEX drawdown since its inception was -20.77%, which is greater than BDMIX's maximum drawdown of -11.89%. Use the drawdown chart below to compare losses from any high point for WAYEX and BDMIX.
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Drawdown Indicators
| WAYEX | BDMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.77% | -11.89% | -8.88% |
Max Drawdown (1Y)Largest decline over 1 year | -8.05% | -3.60% | -4.45% |
Max Drawdown (5Y)Largest decline over 5 years | -17.31% | -7.45% | -9.86% |
Max Drawdown (10Y)Largest decline over 10 years | -20.77% | -9.44% | -11.33% |
Current DrawdownCurrent decline from peak | -8.05% | -0.85% | -7.20% |
Average DrawdownAverage peak-to-trough decline | -4.16% | -2.72% | -1.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 1.30% | +0.56% |
Volatility
WAYEX vs. BDMIX - Volatility Comparison
Waycross Long/Short Equity Fund (WAYEX) has a higher volatility of 2.40% compared to BlackRock Global Long/Short Equity Fund Class I (BDMIX) at 1.58%. This indicates that WAYEX's price experiences larger fluctuations and is considered to be riskier than BDMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WAYEX | BDMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.40% | 1.58% | +0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 5.37% | 4.74% | +0.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.95% | 6.91% | +3.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.36% | 6.53% | +3.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.53% | 5.77% | +5.76% |