WTLS vs. HSGFX

Last updated Jun 4, 2026

WTLS (WisdomTree Efficient Long/Short US Equity Fund) and HSGFX (Hussman Strategic Growth Fund) are both Long-Short funds. At a correlation of -0.63, they often move in opposite directions. WTLS charges 0.88%/yr vs 1.15%/yr for HSGFX.

Performance

WTLS vs. HSGFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Efficient Long/Short US Equity Fund (WTLS) and Hussman Strategic Growth Fund (HSGFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WTLS

• 1D: -1.04%
• 1M: 9.27%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HSGFX

• 1D: -0.77%
• 1M: -4.47%
• YTD: -9.84%
• 6M: -9.50%
• 1Y: -18.99%
• 3Y*: -4.49%
• 5Y*: -3.66%
• 10Y*: -2.97%

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

WTLS vs. HSGFX - Yearly Performance Comparison

	2026 (YTD)
WTLS WisdomTree Efficient Long/Short US Equity Fund	20.44%
HSGFX Hussman Strategic Growth Fund	-7.90%

Correlation

The correlation between WTLS and HSGFX is -0.63, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 23, 2026	-0.63

Return for Risk

WTLS vs. HSGFX — Risk / Return Rank

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

HSGFX

HSGFX Risk / Return Rank: 0
HSGFX Sharpe Ratio Rank: 0
HSGFX Sortino Ratio Rank: 0
HSGFX Omega Ratio Rank: 0
HSGFX Calmar Ratio Rank: 0
HSGFX Martin Ratio Rank: 0

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.

WTLS vs. HSGFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Long/Short US Equity Fund (WTLS) and Hussman Strategic Growth Fund (HSGFX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	WTLS	HSGFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-1.77	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.33	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.67	0.00	+3.67

Drawdowns

WTLS vs. HSGFX - Drawdown Comparison

The maximum WTLS drawdown since its inception was -8.94%, smaller than the maximum HSGFX drawdown of -60.61%. Use the drawdown chart below to compare losses from any high point for WTLS and HSGFX.

Drawdown Indicators

	WTLS	HSGFX	Difference
Max Drawdown Largest peak-to-trough decline	-8.94%	-60.61%	+51.67%
Max Drawdown (1Y) Largest decline over 1 year	—	-19.80%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-24.22%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.22%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.41%	—
Current Drawdown Current decline from peak	-1.04%	-57.05%	+56.01%
Average Drawdown Average peak-to-trough decline	-1.78%	-26.86%	+25.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.29%	—

Volatility

Volatility by Period

	WTLS	HSGFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.72%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.47%	11.14%	+7.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.47%	11.06%	+7.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.47%	10.70%	+7.77%

WTLS vs. HSGFX - Expense Ratio Comparison

WTLS has a 0.88% expense ratio, which is lower than HSGFX's 1.15% expense ratio.

Dividends

WTLS vs. HSGFX - Dividend Comparison

WTLS has not paid dividends to shareholders, while HSGFX's dividend yield for the trailing twelve months is around 2.58%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HSGFX Hussman Strategic Growth Fund	2.58%	2.33%	3.00%	3.10%	1.08%	0.42%	0.16%	1.84%	1.19%	0.50%	0.28%	0.56%
WTLS WisdomTree Efficient Long/Short US Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WTLS and HSGFX in my portfolio?

WTLS and HSGFX have a correlation of -0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.