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Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) Sharpe Ratio: 1.42

Mutual Fund · Currency in USD · Last updated Jun 26, 2026

Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of borrowings for investment purposes, in equity securities that constitute the NASDAQ-100 Index ® (“NDX”). The NDX is a large-capitalization growth index comprised of the 100 largest domestic and international (including emerging markets) non-financial companies listed on the Nasdaq Stock Market based on market capitalization.

CLPAX's Sharpe Ratio of 1.42 indicates that for each unit of volatility, it generates 1.42 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 26, 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.

CLPAX Sharpe Ratio Rank

CLPAX Sharpe Ratio Rank: 34.134
Below Average

CLPAX ranks above 34.1% 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

CLPAX Sharpe Ratio Market Positioning

The chart shows CLPAX'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%): 1.16 or lower
  • Yellow zone (middle 50%): 1.16 to 2.07
  • Green zone (top 25%): 2.07 or higher
  • Top 1%: 3.96+
  • Median: 1.68 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Catalyst Nasdaq-100 Hedged Equity Fund's Sharpe Ratio with other mutual funds in the Derivative Income category across multiple time periods, showing how CLPAX'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 26, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CIIBlackRock Enhanced Large Cap Core Fund2.62
NIEVirtus Equity & Convertible Income Fund2.02
TCBIXThe Covered Bridge Fund1.89
BMCIXBlackRock High Equity Income Fund1.85
BMEAXBlackRock High Equity Income Fund Class A1.82
SCAUXInvesco Income Advantage U.S. Fund1.71
PUTWWisdomTree Equity Premium Income Fund1.67
BDJBlackRock Enhanced Equity Dividend Fund1.55
EQTIXShelton Equity Income Fund1.53
ECATBlackRock ESG Capital Allocation Term Trust1.52
CLPAXCatalyst Nasdaq-100 Hedged Equity Fund1.42

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows CLPAX'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 CLPAX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does CLPAX fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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