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Counterpoint Tactical Equity Fund (CPIEX) Sharpe Ratio: 1.36

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

Under normal market conditions, the fund invests at least 80% of its assets (plus the amount of borrowings, if any) in long and short positions in equity instruments of any market capitalization. Equity instruments include domestic and foreign common stock, preferred stock, depositary receipts, equity swaps (including single-name, index, and basket swaps), options, equity index futures, and other investment companies (such as ETFs, mutual funds, and closed-end funds) that invest in these types of securities.

CPIEX's Sharpe Ratio of 1.36 indicates that for each unit of volatility, it generates 1.36 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.

CPIEX Sharpe Ratio Rank

CPIEX Sharpe Ratio Rank: 32.032
Below Average

CPIEX ranks above 32.0% 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

CPIEX Sharpe Ratio Market Positioning

The chart shows CPIEX'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%): 1.15 or lower
  • Yellow zone (middle 50%): 1.15 to 2.07
  • Green zone (top 25%): 2.07 or higher
  • Top 1%: 4.00+
  • Median: 1.68 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Counterpoint Tactical Equity Fund's Sharpe Ratio with other mutual funds in the Long-Short category across multiple time periods, showing how CPIEX'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
BPLEXBoston Partners Long/Short Equity Fund3.06
BDMIXBlackRock Global Long/Short Equity Fund Class I2.95
VMNIXVanguard Market Neutral Fund Institutional Shares2.61
VMNFXVanguard Market Neutral Fund Investor Shares2.60
CDAZXMulti-Manager Directional Alternative Strategies Fund2.53
JAKVXJohn Hancock Disciplined Value Global Long/Short Fund Class R62.52
JAKRXJohn Hancock Disciplined Value Global Long/Short Fund Class A2.48
LSEIXPersimmon Long/Short Fund2.15
KCEIXKnights of Columbus Long/Short Equity Fund2.13
GARIXGotham Absolute Return Fund1.98
CPIEXCounterpoint Tactical Equity Fund1.36

S&P 500 Index

How to choose period

Historical Sharpe Ratio

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

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Sharpe Ratio Calculator

How does CPIEX fit in your portfolio?

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

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