WTLS vs. LSEIX

Last updated Jun 23, 2026

WTLS (WisdomTree Efficient Long/Short US Equity Fund) and LSEIX (Persimmon Long/Short Fund) are both Long-Short funds. A 0.69 correlation means they provide meaningful diversification when combined. WTLS charges 0.88%/yr vs 1.91%/yr for LSEIX.

Performance

WTLS vs. LSEIX - Performance Comparison

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

Returns By Period

WTLS

• 1D: 0.90%
• 1M: 2.58%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LSEIX

• 1D: 0.86%
• 1M: 2.35%
• YTD: 8.19%
• 6M: 7.94%
• 1Y: 22.61%
• 3Y*: 15.64%
• 5Y*: 10.19%
• 10Y*: 7.39%

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

WTLS vs. LSEIX - Yearly Performance Comparison

	2026 (YTD)
WTLS WisdomTree Efficient Long/Short US Equity Fund	18.17%
LSEIX Persimmon Long/Short Fund	6.47%

Correlation

The correlation between WTLS and LSEIX is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 22, 2026	0.69

Return for Risk

WTLS vs. LSEIX — Risk / Return Rank

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

WTLS

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

LSEIX

LSEIX Risk / Return Rank: 88
LSEIX Sharpe Ratio Rank: 85
LSEIX Sortino Ratio Rank: 82
LSEIX Omega Ratio Rank: 80
LSEIX Calmar Ratio Rank: 96
LSEIX Martin Ratio Rank: 96

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. LSEIX - Risk-Adjusted Trends Comparison

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

	WTLS	LSEIX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.57	—
Sortino ratio: Return per unit of downside risk	—	3.56	—
Omega ratio: Gain probability vs. loss probability	—	1.48	—
Calmar ratio: Return relative to maximum drawdown	—	5.76	—
Martin ratio: Return relative to average drawdown	—	22.57	—

Drawdowns

WTLS vs. LSEIX - Drawdown Comparison

The maximum WTLS drawdown since its inception was -8.94%, smaller than the maximum LSEIX drawdown of -19.92%. Use the drawdown chart below to compare losses from any high point for WTLS and LSEIX.

Drawdown Indicators

	WTLS	LSEIX	Difference
Max Drawdown Largest peak-to-trough decline	-8.94%	-19.92%	+10.98%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.63%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.63%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-19.92%	—
Current Drawdown Current decline from peak	-1.80%	0.00%	-1.80%
Average Drawdown Average peak-to-trough decline	-2.02%	-4.03%	+2.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.99%	—

Volatility

Volatility by Period

	WTLS	LSEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.37%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.79%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.25%	8.74%	+10.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.25%	10.92%	+8.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.25%	10.68%	+8.57%

WTLS vs. LSEIX - Expense Ratio Comparison

WTLS has a 0.88% expense ratio, which is lower than LSEIX's 1.91% expense ratio.

Dividends

WTLS vs. LSEIX - Dividend Comparison

Neither WTLS nor LSEIX has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LSEIX Persimmon Long/Short Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.23%	3.49%	6.18%	0.00%	4.88%
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 LSEIX in my portfolio?

WTLS and LSEIX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.