WPLCX vs. RYN

Last updated Jun 24, 2026

WPLCX (WP Large Cap Income Plus Fund) is Large Cap Value Equities fund managed by WP Trust, while RYN (Rayonier Inc.) is a stock. Over the past 10 years, WPLCX returned 8.66%/yr vs 2.80%/yr for RYN. At a 0.43 correlation, their price movements are largely independent.

Performance

WPLCX vs. RYN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WP Large Cap Income Plus Fund (WPLCX) and Rayonier Inc. (RYN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WPLCX achieves a 10.33% return, which is significantly higher than RYN's 0.26% return. Over the past 10 years, WPLCX has outperformed RYN with an annualized return of 8.66%, while RYN has yielded a comparatively lower 2.80% annualized return.

WPLCX

• 1D: 0.00%
• 1M: 1.11%
• YTD: 10.33%
• 6M: 9.12%
• 1Y: 25.03%
• 3Y*: 20.22%
• 5Y*: 5.32%
• 10Y*: 8.66%

RYN

• 1D: 1.24%
• 1M: 5.25%
• YTD: 0.26%
• 6M: 0.03%
• 1Y: -1.11%
• 3Y*: -2.69%
• 5Y*: -4.57%
• 10Y*: 2.80%

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

WPLCX vs. RYN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WPLCX WP Large Cap Income Plus Fund	10.33%	16.54%	19.35%	25.92%	-35.46%	22.54%	-22.55%	52.10%	-16.58%	23.73%
RYN Rayonier Inc.	0.26%	-12.01%	-13.30%	5.76%	-15.80%	41.56%	-6.47%	22.65%	-9.70%	23.06%

Correlation

The correlation between WPLCX and RYN is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (10Y) Calculated over the trailing 10-year period	0.42
Correlation (All Time) Calculated using the full available price history since Oct 11, 2013	0.43

Over the past year, the correlation between WPLCX and RYN has dropped to 0.15 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.

Return for Risk

WPLCX vs. RYN — Risk / Return Rank

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

WPLCX

WPLCX Risk / Return Rank: 32
WPLCX Sharpe Ratio Rank: 33
WPLCX Sortino Ratio Rank: 36
WPLCX Omega Ratio Rank: 34
WPLCX Calmar Ratio Rank: 29
WPLCX Martin Ratio Rank: 30

RYN

RYN Risk / Return Rank: 38
RYN Sharpe Ratio Rank: 40
RYN Sortino Ratio Rank: 35
RYN Omega Ratio Rank: 34
RYN Calmar Ratio Rank: 41
RYN Martin Ratio Rank: 41

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.

WPLCX vs. RYN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WP Large Cap Income Plus Fund (WPLCX) and Rayonier Inc. (RYN). 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.

	WPLCX	RYN	Difference
Sharpe ratio: Return per unit of total volatility	1.54	-0.04	+1.58
Sortino ratio: Return per unit of downside risk	2.31	0.14	+2.17
Omega ratio: Gain probability vs. loss probability	1.28	1.02	+0.27
Calmar ratio: Return relative to maximum drawdown	1.91	-0.05	+1.95
Martin ratio: Return relative to average drawdown	6.53	-0.08	+6.60

WPLCX vs. RYN - Sharpe Ratio Comparison

The current WPLCX Sharpe Ratio is 1.54, which is higher than the RYN Sharpe Ratio of -0.04. The chart below compares the historical Sharpe Ratios of WPLCX and RYN, 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

WPLCX vs. RYN - Drawdown Comparison

The maximum WPLCX drawdown since its inception was -66.21%, which is greater than RYN's maximum drawdown of -53.16%. Use the drawdown chart below to compare losses from any high point for WPLCX and RYN.

Drawdown Indicators

	WPLCX	RYN	Difference
Max Drawdown Largest peak-to-trough decline	-66.21%	-53.16%	-13.05%
Max Drawdown (1Y) Largest decline over 1 year	-13.68%	-24.61%	+10.93%
Max Drawdown (3Y) Largest decline over 3 years	-23.09%	-33.93%	+10.84%
Max Drawdown (5Y) Largest decline over 5 years	-43.93%	-45.30%	+1.37%
Max Drawdown (10Y) Largest decline over 10 years	-66.21%	-49.84%	-16.37%
Current Drawdown Current decline from peak	-3.06%	-39.89%	+36.83%
Average Drawdown Average peak-to-trough decline	-13.28%	-15.50%	+2.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.99%	14.40%	-10.41%

Volatility

WPLCX vs. RYN - Volatility Comparison

The current volatility for WP Large Cap Income Plus Fund (WPLCX) is 3.46%, while Rayonier Inc. (RYN) has a volatility of 7.52%. This indicates that WPLCX experiences smaller price fluctuations and is considered to be less risky than RYN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WPLCX	RYN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.46%	7.52%	-4.06%
Volatility (6M) Calculated over the trailing 6-month period	14.45%	18.19%	-3.74%
Volatility (1Y) Calculated over the trailing 1-year period	16.99%	26.83%	-9.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.96%	25.72%	+0.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.17%	28.58%	+3.59%

Dividends

WPLCX vs. RYN - Dividend Comparison

WPLCX has not paid dividends to shareholders, while RYN's dividend yield for the trailing twelve months is around 6.68%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RYN Rayonier Inc.	6.68%	6.65%	12.03%	4.01%	3.41%	2.68%	3.68%	3.30%	3.83%	3.16%	3.76%	4.50%
WPLCX WP Large Cap Income Plus Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.28%	0.74%	2.41%	0.11%	2.56%	0.18%	0.19%

Frequently Asked Questions

Can I hold both WPLCX and RYN in my portfolio?

WPLCX and RYN have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WPLCX or RYN?

RYN has higher volatility (7.52%) compared to WPLCX (3.46%). In terms of maximum drawdown, WPLCX dropped -66.21% vs RYN's -53.16%.

Which has better risk-adjusted returns?

WPLCX currently has the higher Sharpe Ratio (1.54 vs -0.04), 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.