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WRAIX vs. SNOIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

WRAIX vs. SNOIX - Performance Comparison

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

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WRAIX vs. SNOIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
WRAIX
Wilmington Global Alpha Equities Fund
-2.64%9.13%7.74%7.73%-3.41%6.52%1.04%12.34%-2.67%9.75%
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, WRAIX achieves a -2.64% return, which is significantly lower than SNOIX's 4.60% return. Over the past 10 years, WRAIX has underperformed SNOIX with an annualized return of 4.78%, while SNOIX has yielded a comparatively higher 10.60% annualized return.


WRAIX

1D
0.21%
1M
-4.63%
YTD
-2.64%
6M
-1.38%
1Y
4.04%
3Y*
6.90%
5Y*
4.68%
10Y*
4.78%

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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WRAIX vs. SNOIX - Expense Ratio Comparison

WRAIX has a 1.24% expense ratio, which is lower than SNOIX's 1.41% expense ratio.


Return for Risk

WRAIX vs. SNOIX — Risk / Return Rank

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

WRAIX
WRAIX Risk / Return Rank: 2323
Overall Rank
WRAIX Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
WRAIX Sortino Ratio Rank: 1919
Sortino Ratio Rank
WRAIX Omega Ratio Rank: 2222
Omega Ratio Rank
WRAIX Calmar Ratio Rank: 2626
Calmar Ratio Rank
WRAIX Martin Ratio Rank: 2828
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.

WRAIX vs. SNOIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wilmington Global Alpha Equities Fund (WRAIX) 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.


WRAIXSNOIXDifference

Sharpe ratio

Return per unit of total volatility

0.55

1.49

-0.94

Sortino ratio

Return per unit of downside risk

0.84

2.05

-1.20

Omega ratio

Gain probability vs. loss probability

1.13

1.31

-0.18

Calmar ratio

Return relative to maximum drawdown

0.77

1.72

-0.95

Martin ratio

Return relative to average drawdown

3.10

8.69

-5.58

WRAIX vs. SNOIX - Sharpe Ratio Comparison

The current WRAIX Sharpe Ratio is 0.55, which is lower than the SNOIX Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of WRAIX 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


WRAIXSNOIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.55

1.49

-0.94

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.74

0.60

+0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

0.64

+0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

0.62

0.31

+0.31

Correlation

The correlation between WRAIX and SNOIX is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

WRAIX vs. SNOIX - Dividend Comparison

WRAIX's dividend yield for the trailing twelve months is around 0.18%, less than SNOIX's 6.61% yield.


TTM20252024202320222021202020192018201720162015
WRAIX
Wilmington Global Alpha Equities Fund
0.18%0.17%1.47%1.31%2.77%0.52%1.98%1.15%1.25%1.15%0.30%2.38%
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

WRAIX vs. SNOIX - Drawdown Comparison

The maximum WRAIX drawdown since its inception was -15.44%, smaller than the maximum SNOIX drawdown of -65.34%. Use the drawdown chart below to compare losses from any high point for WRAIX and SNOIX.


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Drawdown Indicators


WRAIXSNOIXDifference

Max Drawdown

Largest peak-to-trough decline

-15.44%

-65.34%

+49.90%

Max Drawdown (1Y)

Largest decline over 1 year

-5.03%

-12.55%

+7.52%

Max Drawdown (5Y)

Largest decline over 5 years

-9.24%

-17.66%

+8.42%

Max Drawdown (10Y)

Largest decline over 10 years

-15.44%

-34.43%

+18.99%

Current Drawdown

Current decline from peak

-4.83%

-2.29%

-2.54%

Average Drawdown

Average peak-to-trough decline

-1.99%

-9.86%

+7.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.25%

2.49%

-1.24%

Volatility

WRAIX vs. SNOIX - Volatility Comparison

The current volatility for Wilmington Global Alpha Equities Fund (WRAIX) is 2.70%, while Easterly Snow Capital Long/Short Opportunity Fund (SNOIX) has a volatility of 3.08%. This indicates that WRAIX experiences smaller price fluctuations and is considered to be less risky 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


WRAIXSNOIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.70%

3.08%

-0.38%

Volatility (6M)

Calculated over the trailing 6-month period

4.56%

9.23%

-4.67%

Volatility (1Y)

Calculated over the trailing 1-year period

8.07%

16.05%

-7.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.39%

15.10%

-8.71%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.68%

16.60%

-9.92%