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WPOPX vs. SNOIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

WPOPX vs. SNOIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Weitz Partners III Opportunity Fund (WPOPX) and Easterly Snow Capital Long/Short Opportunity Fund (SNOIX). The values are adjusted to include any dividend payments, if applicable.

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WPOPX vs. SNOIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
WPOPX
Weitz Partners III Opportunity Fund
-9.58%3.23%16.32%17.35%-22.53%12.55%9.45%34.24%-5.26%5.48%
SNOIX
Easterly Snow Capital Long/Short Opportunity Fund
4.60%20.66%5.17%10.84%-3.10%26.26%1.44%22.44%-11.25%12.80%

Returns By Period

In the year-to-date period, WPOPX achieves a -9.58% return, which is significantly lower than SNOIX's 4.60% return. Over the past 10 years, WPOPX has underperformed SNOIX with an annualized return of 5.41%, while SNOIX has yielded a comparatively higher 10.60% annualized return.


WPOPX

1D
0.86%
1M
-7.28%
YTD
-9.58%
6M
-8.92%
1Y
-6.23%
3Y*
7.33%
5Y*
0.70%
10Y*
5.41%

SNOIX

1D
-0.47%
1M
-2.06%
YTD
4.60%
6M
10.65%
1Y
23.47%
3Y*
13.63%
5Y*
8.96%
10Y*
10.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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WPOPX vs. SNOIX - Expense Ratio Comparison

WPOPX has a 1.43% expense ratio, which is higher than SNOIX's 1.41% expense ratio.


Return for Risk

WPOPX vs. SNOIX — Risk / Return Rank

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

WPOPX
WPOPX Risk / Return Rank: 22
Overall Rank
WPOPX Sharpe Ratio Rank: 22
Sharpe Ratio Rank
WPOPX Sortino Ratio Rank: 22
Sortino Ratio Rank
WPOPX Omega Ratio Rank: 22
Omega Ratio Rank
WPOPX Calmar Ratio Rank: 11
Calmar Ratio Rank
WPOPX Martin Ratio Rank: 11
Martin Ratio Rank

SNOIX
SNOIX Risk / Return Rank: 8080
Overall Rank
SNOIX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
SNOIX Sortino Ratio Rank: 8181
Sortino Ratio Rank
SNOIX Omega Ratio Rank: 8080
Omega Ratio Rank
SNOIX Calmar Ratio Rank: 7474
Calmar Ratio Rank
SNOIX Martin Ratio Rank: 8585
Martin Ratio Rank
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.

WPOPX vs. SNOIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Weitz Partners III Opportunity Fund (WPOPX) and Easterly Snow Capital Long/Short Opportunity Fund (SNOIX). 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.


WPOPXSNOIXDifference

Sharpe ratio

Return per unit of total volatility

-0.34

1.49

-1.83

Sortino ratio

Return per unit of downside risk

-0.40

2.05

-2.44

Omega ratio

Gain probability vs. loss probability

0.95

1.31

-0.36

Calmar ratio

Return relative to maximum drawdown

-0.64

1.72

-2.36

Martin ratio

Return relative to average drawdown

-1.93

8.69

-10.62

WPOPX vs. SNOIX - Sharpe Ratio Comparison

The current WPOPX Sharpe Ratio is -0.34, which is lower than the SNOIX Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of WPOPX and SNOIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


WPOPXSNOIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.34

1.49

-1.83

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.04

0.60

-0.55

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.34

0.64

-0.30

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

0.31

+0.07

Correlation

The correlation between WPOPX and SNOIX 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.


Dividends

WPOPX vs. SNOIX - Dividend Comparison

WPOPX's dividend yield for the trailing twelve months is around 6.22%, less than SNOIX's 6.61% yield.


TTM20252024202320222021202020192018201720162015
WPOPX
Weitz Partners III Opportunity Fund
6.22%5.62%7.04%6.85%8.47%11.86%12.50%6.51%7.99%4.65%1.35%13.50%
SNOIX
Easterly Snow Capital Long/Short Opportunity Fund
6.61%6.91%5.10%2.29%7.07%8.98%1.86%1.95%2.06%4.80%0.36%2.79%

Drawdowns

WPOPX vs. SNOIX - Drawdown Comparison

The maximum WPOPX drawdown since its inception was -55.70%, smaller than the maximum SNOIX drawdown of -65.34%. Use the drawdown chart below to compare losses from any high point for WPOPX and SNOIX.


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Drawdown Indicators


WPOPXSNOIXDifference

Max Drawdown

Largest peak-to-trough decline

-55.70%

-65.34%

+9.64%

Max Drawdown (1Y)

Largest decline over 1 year

-12.44%

-12.55%

+0.11%

Max Drawdown (5Y)

Largest decline over 5 years

-28.73%

-17.66%

-11.07%

Max Drawdown (10Y)

Largest decline over 10 years

-28.73%

-34.43%

+5.70%

Current Drawdown

Current decline from peak

-11.69%

-2.29%

-9.40%

Average Drawdown

Average peak-to-trough decline

-8.37%

-9.86%

+1.49%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.13%

2.49%

+1.64%

Volatility

WPOPX vs. SNOIX - Volatility Comparison

Weitz Partners III Opportunity Fund (WPOPX) has a higher volatility of 4.30% compared to Easterly Snow Capital Long/Short Opportunity Fund (SNOIX) at 3.08%. This indicates that WPOPX's price experiences larger fluctuations and is considered to be riskier than SNOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


WPOPXSNOIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.30%

3.08%

+1.22%

Volatility (6M)

Calculated over the trailing 6-month period

8.85%

9.23%

-0.38%

Volatility (1Y)

Calculated over the trailing 1-year period

17.09%

16.05%

+1.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.81%

15.10%

+0.71%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.94%

16.60%

-0.66%