- ISIN
- US62827L1879
- CUSIP
- 62827L187
- Issuer
- Catalyst Mutual Funds
- Inception Date
- Dec 30, 2013
- Category
- Derivative Income
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
CLPAX Performance Chart
Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) is up 11.7% since the beginning of the year. CLPAX is currently trading at $15 per share. Investors who bought $1,000 worth of CLPAX shares 5 years ago would now be looking at an investment worth $1,454.
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Returns By Period
Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) has returned 11.66% so far this year and 20.97% over the past 12 months. Over the last ten years, CLPAX has returned 8.10% per year, falling short of the S&P 500 Index benchmark, which averaged 13.91% annually.
Catalyst Nasdaq-100 Hedged Equity Fund
- 1D
- -0.46%
- 1M
- -3.59%
- YTD
- 11.66%
- 6M
- 9.46%
- 1Y
- 20.97%
- 3Y*
- 14.74%
- 5Y*
- 7.77%
- 10Y*
- 8.10%
Benchmark (S&P 500 Index)
- 1D
- -0.01%
- 1M
- -2.15%
- YTD
- 7.48%
- 6M
- 6.14%
- 1Y
- 20.77%
- 3Y*
- 19.34%
- 5Y*
- 11.44%
- 10Y*
- 13.91%
CLPAX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2014, CLPAX's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, an investment would double in approximately 9.8 years.
Historically, 62% of months were positive and 38% were negative. The best month was Apr 2026 with a return of +13.4%, while the worst month was Mar 2020 at -12.4%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 3 months.
On a daily basis, CLPAX closed higher 50% of trading days. The best single day was Apr 9, 2025 with a return of +7.5%, while the worst single day was Mar 12, 2020 at -7.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.04% | -2.35% | -4.74% | 13.35% | 9.41% | -4.20% | 11.66% | ||||||
| 2025 | 2.75% | -3.43% | -8.10% | 3.27% | 7.39% | 4.69% | 1.08% | -0.64% | 5.32% | 5.74% | -1.16% | -4.05% | 12.32% |
| 2024 | 0.09% | 3.32% | -0.82% | -3.74% | 3.54% | 4.75% | -1.27% | 1.29% | 1.51% | -0.71% | 2.69% | 0.54% | 11.42% |
| 2023 | 5.68% | 0.66% | 8.39% | -1.61% | 7.05% | 5.06% | 1.54% | -1.16% | -3.89% | -1.32% | 7.25% | 4.36% | 35.92% |
| 2022 | -6.36% | -2.60% | 2.41% | -10.67% | -4.23% | -5.70% | 5.21% | -3.27% | -5.22% | 0.76% | 3.11% | -8.01% | -30.54% |
| 2021 | 1.77% | -3.30% | -0.81% | 3.63% | -1.66% | 4.54% | 3.57% | 2.88% | -4.55% | 5.10% | 1.91% | -0.14% | 13.11% |
Benchmark Metrics
Catalyst Nasdaq-100 Hedged Equity Fund has an annualized alpha of -1.88%, beta of 0.72, and R2 of 0.73 versus S&P 500 Index. Calculated based on daily prices since January 03, 2014.
- This fund participated in 86.44% of S&P 500 Index downside but only 67.19% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- -1.88%
- Beta
- 0.72
- R²
- 0.73
- Upside Capture
- 67.19%
- Downside Capture
- 86.44%
Expense Ratio
CLPAX has a high expense ratio of 1.74%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
CLPAX ranks 29 for risk / return — below 29% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) 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.
| CLPAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.30 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 2.29 | -0.65 |
| Martin ratioReturn relative to average drawdown | 4.52 | 10.09 | -5.57 |
Dividends
Dividend History
Catalyst Nasdaq-100 Hedged Equity Fund provided a 8.15% dividend yield over the last twelve months, with an annual payout of $1.23 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.23 | $1.23 | $0.00 | $0.00 | $0.23 | $0.04 | $0.05 | $0.58 | $0.03 | $0.00 | $0.00 | $1.56 |
Dividend yield | 8.15% | 9.10% | 0.00% | 0.00% | 2.68% | 0.32% | 0.49% | 5.41% | 0.30% | 0.02% | 0.00% | 17.26% |
Monthly Dividends
The table displays the monthly dividend distributions for Catalyst Nasdaq-100 Hedged Equity Fund. 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 | $1.23 | $1.23 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
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 Catalyst Nasdaq-100 Hedged Equity Fund. 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 Catalyst Nasdaq-100 Hedged Equity Fund was 32.47%, occurring on Jan 5, 2023. Recovery took 363 trading sessions.
The current Catalyst Nasdaq-100 Hedged Equity Fund drawdown is 5.11%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 bear market2023 | -32.47%Jan 2023 | 1y 1mo | 1y 5mo | 2y 6moNov 2021 - Jun 2024 |
COVID crash2020 | -28.97%Mar 2020 | 1mo 2d | 8mo 13d | 9mo 15dFeb 2020 - Dec 2020 |
2016 bear market2016 | -26.11%Feb 2016 | 10mo 25d | 3y 2mo | 4y 21dMar 2015 - Apr 2019 |
2025 selloff2025 | -18.37%Apr 2025 | 1mo 13d | 2mo 27d | 4mo 10dFeb 2025 - Jun 2025 |
2026 correction2026 | -12.87%Mar 2026 | 5mo 1d | 25d | 5mo 26dOct 2025 - Apr 2026 |
Drawdown Indicators
| CLPAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.47% | -56.78% | +24.31% |
Max Drawdown (1Y)Largest decline over 1 year | -12.87% | -9.10% | -3.77% |
Max Drawdown (3Y)Largest decline over 3 years | -18.37% | -18.90% | +0.53% |
Max Drawdown (5Y)Largest decline over 5 years | -32.47% | -25.43% | -7.04% |
Max Drawdown (10Y)Largest decline over 10 years | -32.47% | -33.92% | +1.45% |
Current DrawdownCurrent decline from peak | -5.11% | -3.32% | -1.79% |
Average DrawdownAverage peak-to-trough decline | -8.06% | -10.71% | +2.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.67% | 2.06% | +2.61% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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