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CION Ares Diversified Credit Fund Class I (CADUX) Sharpe Ratio: 1.38

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The CION Ares Diversified Credit Fund invests in a diversified pool of illiquid and liquid credit investments, seeking superior risk-adjusted returns across various market cycles in a continuously offered interval fund structure.

CADUX's Sharpe Ratio of 1.38 indicates that for each unit of volatility, it generates 1.38 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

CADUX Sharpe Ratio Rank

CADUX Sharpe Ratio Rank: 26.827
Below Average

CADUX ranks above 26.8% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

CADUX Sharpe Ratio Market Positioning

The chart shows CADUX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.33 or lower
  • Yellow zone (middle 50%): 1.33 to 2.32
  • Green zone (top 25%): 2.32 or higher
  • Top 1%: 4.33+
  • Median: 1.93 — half of all investments score higher

How it compares to other similar mutual funds

The table compares CION Ares Diversified Credit Fund Class I's Sharpe Ratio with other mutual funds in the Multisector Bonds category across multiple time periods, showing how CADUX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 23, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
NWXHXNationwide Amundi Strategic Income Fund5.65
NWXEXNationwide Strategic Income A5.34
BWDTXBoyd Watterson Limited Duration Enhanced Income Fund4.57
ICMUXIntrepid Income Fund4.09
CBLDXCrossingBridge Low Duration High Yield Fund3.56
RFXIXRational Special Situations Income Fund3.55
ESIIXEaton Vance Strategic Income Fund Class I3.47
ETSIXEaton Vance Strategic Income Fund Class I3.40
RGCYXRussell Investments Opportunistic Credit Fund3.29
MZLSXMuzinich Low Duration Fund3.24
CADUXCION Ares Diversified Credit Fund Class I1.38

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows CADUX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when CADUX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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How does CADUX fit in your portfolio?

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