WAVLX Performance — Wavelength Fund
Data updated: 2026-09-25
WAVLX returned +3.12% year to date and +10.75% over one year to May 2026. Annualised returns are +7.93% over 3 years and +2.84% over 5 years. The fund trailed its US Multi-Cap Blend category average: $100 invested three years ago grew to $126, against $147 for the category, and to $111 over one year, against $119. Volatility over the past three years was 5.52% a year. In the 12 months to May 2026 the fund took in a net $49.2M, and assets reached $125.21M.
WAVLX Growth of $100
What $100 invested in Wavelength Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Blend category average over the same months.
| Period | WAVLX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $111 | $119 |
| 3 years (Jun 2023 – May 2026) | $126 | $147 |
| 5 years (Jun 2021 – May 2026) | $115 | $136 |
| Since data start (Mar 2020 – May 2026) | $125 | $173 |
WAVLX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +3.12% |
| 1 year | +10.75% |
| 3 years (annualised) | +7.93% |
| 5 years (annualised) | +2.84% |
WAVLX Annual Returns
Calendar-year total returns of Wavelength Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +3.12% |
| 2025 | +10.06% |
| 2024 | +5.22% |
| 2023 | +7.02% |
| 2022 | −11.35% |
| 2021 | +1.72% |
| 2020 (Mar–Dec) | +8.18% |
WAVLX 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 | +1.2% | +1.0% | −2.1% | +2.4% | +0.6% | — | — | — | — | — | — | — |
| 2025 | +1.5% | +1.2% | −0.9% | +0.1% | +0.5% | +2.4% | +0.1% | +1.7% | +1.6% | +0.8% | +0.3% | +0.1% |
| 2024 | −0.1% | −0.2% | +1.4% | −2.6% | +2.3% | +1.3% | +2.0% | +1.4% | +2.2% | −2.0% | +1.9% | −2.2% |
| 2023 | +2.7% | −1.7% | +1.7% | +0.2% | −1.3% | +0.9% | +0.6% | −0.6% | −2.0% | −1.1% | +4.2% | +3.3% |
| 2022 | −2.5% | −1.1% | −0.9% | −3.3% | −0.4% | −3.3% | +2.9% | −2.0% | −4.0% | +0.7% | +3.0% | −0.8% |
| 2021 | −0.4% | −0.9% | −0.3% | +1.3% | +0.5% | +0.6% | +0.8% | +0.5% | −1.4% | +0.7% | −0.5% | +0.9% |
| 2020 | — | — | −0.1% | 0.0% | 0.0% | +1.3% | +2.9% | +1.2% | −1.0% | −0.7% | +2.8% | +1.6% |
WAVLX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 5.52%
- 3-year Sharpe ratio: 0.62 (vs 4.5% risk-free rate)
- Best month: +4.25% (Nov 2023)
- Worst month: −2.63% (Apr 2024)
WAVLX Fund Flows
Monthly money in and out of Wavelength Fund, from SEC Form N-PORT.
- 12-month net flow: $49.2M
- 12-month gross sales (incl. reinvestments): $80.3M
- Sales ÷ redemptions: 2.58×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $4.4M | $2.1M | $2.3M |
| Apr 2026 | $10.2M | $1.2M | $9.0M |
| Mar 2026 | $4.2M | $1.5M | $2.8M |
| Feb 2026 | $8.5M | $1.5M | $7.0M |
| Jan 2026 | $6.2M | $8.2M | −$2.0M |
| Dec 2025 | $4.0M | $1.6M | $2.3M |
| Nov 2025 | $4.7M | $2.0M | $2.7M |
| Oct 2025 | $2.4M | $4.6M | −$2.3M |
| Sep 2025 | $2.8M | $1.8M | $993K |
| Aug 2025 | $2.9M | $1.6M | $1.3M |
| Jul 2025 | $12.6M | $4.0M | $8.6M |
| Jun 2025 | $17.4M | $947K | $16.5M |
WAVLX Assets Under Management
Net assets of Wavelength Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $125.21M |
| 2026-02-28 | $110.92M |
| 2025-11-30 | $102.27M |
| 2025-08-31 | $99.09M |
| 2025-05-31 | $70.30M |
| 2025-02-28 | $78.47M |
| 2024-11-30 | $71.54M |
| 2024-08-31 | $69.41M |
| 2024-05-31 | $68.81M |
| 2024-02-29 | $70.36M |
| 2023-11-30 | $83.95M |
| 2023-08-31 | $101.61M |
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.