WPOPX vs. RPXIX
Compare and contrast key facts about Weitz Partners III Opportunity Fund (WPOPX) and RiverPark Large Growth Fund (RPXIX).
WPOPX is managed by Weitz. It was launched on Dec 29, 2005. RPXIX is managed by RiverPark Funds. It was launched on Sep 30, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WPOPX or RPXIX.
Key characteristics
| WPOPX | RPXIX | |
|---|---|---|
| YTD Return | 12.89% | 13.84% |
| 1Y Return | 15.03% | 31.87% |
| 3Y Return (Ann) | 0.87% | -5.35% |
| 5Y Return (Ann) | 5.13% | 10.55% |
| 10Y Return (Ann) | 5.49% | 10.38% |
| Sharpe Ratio | 1.23 | 1.89 |
| Daily Std Dev | 12.35% | 16.69% |
| Max Drawdown | -55.70% | -54.53% |
| Current Drawdown | -0.07% | -17.03% |
Correlation
The correlation between WPOPX and RPXIX is 0.78, 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.
Performance
WPOPX vs. RPXIX - Performance Comparison
In the year-to-date period, WPOPX achieves a 12.89% return, which is significantly lower than RPXIX's 13.84% return. Over the past 10 years, WPOPX has underperformed RPXIX with an annualized return of 5.49%, while RPXIX has yielded a comparatively higher 10.38% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WPOPX vs. RPXIX - Expense Ratio Comparison
WPOPX has a 1.43% expense ratio, which is higher than RPXIX's 0.91% expense ratio.
Risk-Adjusted Performance
WPOPX vs. RPXIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Weitz Partners III Opportunity Fund (WPOPX) 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.
Dividends
WPOPX vs. RPXIX - Dividend Comparison
WPOPX's dividend yield for the trailing twelve months is around 6.15%, while RPXIX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WPOPX Weitz Partners III Opportunity Fund | 6.15% | 6.95% | 8.47% | 11.86% | 12.50% | 6.51% | 7.99% | 4.65% | 1.35% | 13.50% | 3.02% | 2.28% |
RPXIX RiverPark Large Growth Fund | 0.00% | 0.00% | 0.01% | 13.26% | 6.69% | 11.76% | 15.17% | 9.01% | 0.67% | 1.86% | 3.05% | 0.94% |
Drawdowns
WPOPX vs. RPXIX - Drawdown Comparison
The maximum WPOPX drawdown since its inception was -55.70%, roughly equal to the maximum RPXIX drawdown of -54.53%. Use the drawdown chart below to compare losses from any high point for WPOPX and RPXIX. For additional features, visit the drawdowns tool.
Volatility
WPOPX vs. RPXIX - Volatility Comparison
The current volatility for Weitz Partners III Opportunity Fund (WPOPX) is 2.27%, while RiverPark Large Growth Fund (RPXIX) has a volatility of 4.29%. This indicates that WPOPX 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.