- CUSIP
- 90470L584
- Issuer
- Ultimus Fund
- Inception Date
- Dec 30, 2019
- Category
- Diversified Portfolio
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
Share Price Chart
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Performance
BLNDX Performance Chart
Standpoint Multi-Asset Fund Institutional (BLNDX) is up 12.9% since the beginning of the year. BLNDX is currently trading at $17 per share. Investors who bought $1,000 worth of BLNDX shares 5 years ago would now be looking at an investment worth $1,557.
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Returns By Period
Standpoint Multi-Asset Fund Institutional (BLNDX) has returned 12.91% so far this year and 30.93% over the past 12 months.
Standpoint Multi-Asset Fund Institutional
- 1D
- 0.48%
- 1M
- -3.47%
- YTD
- 12.91%
- 6M
- 12.69%
- 1Y
- 30.93%
- 3Y*
- 10.21%
- 5Y*
- 9.26%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
BLNDX Monthly Returns History
Based on dividend-adjusted daily data since Dec 31, 2019, BLNDX's average daily return is +0.05%, while the average monthly return is +0.94%. At this rate, an investment would double in approximately 6.2 years.
Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +8.4%, while the worst month was Nov 2021 at -5.3%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 3 months.
On a daily basis, BLNDX closed higher 52% of trading days. The best single day was Mar 6, 2020 with a return of +3.5%, while the worst single day was Nov 26, 2021 at -5.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.77% | 3.82% | 0.63% | 7.49% | 0.12% | -2.28% | 12.91% | ||||||
| 2025 | 2.03% | -3.90% | -2.64% | -4.76% | 2.00% | -1.13% | 0.30% | 4.33% | 4.52% | 1.60% | 1.03% | 1.15% | 4.12% |
| 2024 | 2.39% | 6.72% | 4.93% | -2.41% | 2.27% | 0.52% | 0.72% | -0.26% | 0.71% | -4.24% | 3.15% | -1.61% | 13.11% |
| 2023 | 2.44% | -0.60% | -0.15% | 1.12% | -0.15% | 2.15% | 0.22% | -1.23% | 1.69% | -1.01% | 0.22% | 1.01% | 5.79% |
| 2022 | -2.85% | 2.46% | 6.26% | 1.24% | 1.08% | -2.49% | 0.15% | -0.87% | -1.40% | 2.68% | -0.44% | -1.81% | 3.71% |
| 2021 | 0.26% | 5.56% | 2.88% | 3.76% | 1.31% | 0.68% | 0.83% | 0.97% | -0.22% | 4.98% | -5.31% | 3.26% | 20.16% |
Benchmark Metrics
Standpoint Multi-Asset Fund Institutional has an annualized alpha of 6.74%, beta of 0.34, and R2 of 0.36 versus S&P 500 Index. Calculated based on daily prices since December 31, 2019.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (47.25%) than losses (36.32%) - typical of diversified or defensive assets.
- Beta of 0.34 may look defensive, but with R2 of 0.36 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.36 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 6.74%
- Beta
- 0.34
- R²
- 0.36
- Upside Capture
- 47.25%
- Downside Capture
- 36.32%
Expense Ratio
BLNDX has a high expense ratio of 1.27%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
BLNDX ranks 81 for risk / return — in the top 81% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Standpoint Multi-Asset Fund Institutional (BLNDX) and compare them to S&P 500 Index.
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.
| BLNDX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.37 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 5.89 | 2.78 | +3.10 |
| Martin ratioReturn relative to average drawdown | 18.90 | 12.44 | +6.46 |
Dividends
Dividend History
Standpoint Multi-Asset Fund Institutional provided a 0.65% dividend yield over the last twelve months, with an annual payout of $0.11 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.11 | $0.11 | $0.82 | $0.50 | $0.35 | $0.79 | $0.14 |
Dividend yield | 0.65% | 0.73% | 5.74% | 3.71% | 2.67% | 6.11% | 1.21% |
Monthly Dividends
The table displays the monthly dividend distributions for Standpoint Multi-Asset Fund Institutional. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.82 | $0.82 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 | $0.50 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.79 | $0.79 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Standpoint Multi-Asset Fund Institutional. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Standpoint Multi-Asset Fund Institutional was 17.69%, occurring on Apr 8, 2025. Recovery took 181 trading sessions.
The current Standpoint Multi-Asset Fund Institutional drawdown is 4.73%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -17.69%Apr 2025 | 8mo 25d | 8mo 22d | 1y 5moJul 2024 - Dec 2025 |
COVID crash2020 | -9.33%Mar 2020 | 1mo 4d | 1mo 10d | 2mo 14dFeb 2020 - Apr 2020 |
Bear market2022 | -8.42%Jan 2022 | 1mo 29d | 1mo 9d | 3mo 8dNov 2021 - Mar 2022 |
Bear market2022 | -7.55%Dec 2022 | 6mo 9d | 9mo 3d | 1y 3moJun 2022 - Sep 2023 |
2020 pullback2020 | -5.45%Sep 2020 | 20d | 1mo 18d | 2mo 8dSep 2020 - Nov 2020 |
Drawdown Indicators
| BLNDX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.69% | -56.78% | +39.09% |
Max Drawdown (1Y)Largest decline over 1 year | -5.19% | -9.10% | +3.91% |
Max Drawdown (3Y)Largest decline over 3 years | -17.69% | -18.90% | +1.21% |
Max Drawdown (5Y)Largest decline over 5 years | -17.69% | -25.43% | +7.74% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -4.73% | -1.80% | -2.93% |
Average DrawdownAverage peak-to-trough decline | -3.19% | -10.71% | +7.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 2.03% | -0.42% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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