EMWIX Performance — The Diplomat Fund
Data updated: 2026-09-24
EMWIX returned −5.09% year to date and −4.48% over one year to Jul 2026. The annualised 3-year return is +0.07%. The fund trailed its Intermediate Government Bond category average: $100 invested three years ago grew to $100, against $111 for the category, and to $96 over one year, against $103. Volatility over the past three years was 7.71% a year. In the 12 months to Jul 2026 the fund took in a net $7.5M, and assets reached $13.11M.
EMWIX Growth of $100
What $100 invested in The Diplomat Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Government Bond category average over the same months.
| Period | EMWIX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $96 | $103 |
| 3 years (Aug 2023 – Jul 2026) | $100 | $111 |
| Since data start (Sep 2022 – Jul 2026) | $107 | $110 |
EMWIX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −5.09% |
| 1 year | −4.48% |
| 3 years (annualised) | +0.07% |
EMWIX Annual Returns
Calendar-year total returns of The Diplomat Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −5.09% |
| 2025 | +6.70% |
| 2024 | −0.66% |
| 2023 | +7.68% |
| 2022 (Sep–Dec) | −1.32% |
EMWIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.4% | +2.8% | −3.7% | −0.4% | −1.3% | −0.1% | −1.9% | — | — | — | — | — |
| 2025 | +0.1% | +4.4% | +0.4% | +2.8% | −2.1% | +0.4% | +0.1% | +0.6% | +0.2% | +0.8% | +1.0% | −2.0% |
| 2024 | −0.5% | −4.4% | +2.0% | −0.2% | −0.1% | +2.0% | +3.1% | +0.1% | +3.2% | −1.9% | +0.8% | −4.3% |
| 2023 | +0.1% | 0.0% | +6.6% | +1.1% | −0.4% | +0.7% | −0.1% | +0.2% | −4.3% | −1.9% | +3.0% | +2.9% |
| 2022 | — | — | — | — | — | — | — | — | −1.6% | −1.2% | +2.1% | −0.5% |
EMWIX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 7.71%
- 3-year Sharpe ratio: -0.57 (vs 4.5% risk-free rate)
- Best month: +4.35% (Feb 2025)
- Worst month: −4.42% (Feb 2024)
EMWIX Fund Flows
Monthly money in and out of The Diplomat Fund, from SEC Form N-PORT.
- 12-month net flow: $7.5M
- 12-month gross sales (incl. reinvestments): $10.3M
- Sales ÷ redemptions: 3.66×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $204K | $1.1M | −$911K |
| Jun 2026 | $140K | $191K | −$51K |
| May 2026 | $642K | $243K | $399K |
| Apr 2026 | $42K | $24K | $18K |
| Mar 2026 | $304K | $151K | $153K |
| Feb 2026 | $1.1M | $13K | $1.1M |
| Jan 2026 | $973K | $147K | $826K |
| Dec 2025 | $582K | $623K | −$41K |
| Nov 2025 | $1.3M | $10K | $1.2M |
| Oct 2025 | $1.1M | $2K | $1.1M |
| Sep 2025 | $2.3M | $69K | $2.2M |
| Aug 2025 | $1.8M | $235K | $1.5M |
EMWIX Assets Under Management
Net assets of The Diplomat Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $13.11M |
| 2026-04-30 | $14.25M |
| 2026-01-31 | $13.35M |
| 2025-10-31 | $11.60M |
| 2025-07-31 | $6.73M |
| 2025-04-30 | $4.42M |
| 2025-01-31 | $5.03M |
| 2024-10-31 | $11.06M |
| 2024-07-31 | $10.99M |
| 2024-04-30 | $10.58M |
| 2024-01-31 | $11.31M |
| 2023-10-31 | $10.78M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.