- ISIN
- US58510R4083
- CUSIP
- 58510R408
- Issuer
- Meeder Funds
- Inception Date
- Jan 1, 2015
- Category
- Long-Short
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FLSPX Performance Chart
Meeder Spectrum Fund (FLSPX) is up 11.5% since the beginning of the year. FLSPX is currently trading at $17 per share. Investors who bought $1,000 worth of FLSPX shares 5 years ago would now be looking at an investment worth $1,792.
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Returns By Period
Meeder Spectrum Fund (FLSPX) has returned 11.48% so far this year and 29.66% over the past 12 months. Over the last ten years, FLSPX has returned 10.90% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
Meeder Spectrum Fund
- 1D
- 0.30%
- 1M
- 4.47%
- YTD
- 11.48%
- 6M
- 12.41%
- 1Y
- 29.66%
- 3Y*
- 21.41%
- 5Y*
- 12.38%
- 10Y*
- 10.90%
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
FLSPX Monthly Returns History
Based on dividend-adjusted daily data since Jan 6, 2015, FLSPX's average daily return is +0.04%, while the average monthly return is +0.82%. At this rate, an investment would double in approximately 7.1 years.
Historically, 68% of months were positive and 32% were negative. The best month was Nov 2020 with a return of +9.6%, while the worst month was Mar 2020 at -12.3%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FLSPX closed higher 51% of trading days. The best single day was Dec 12, 2024 with a return of +7.9%, while the worst single day was Mar 16, 2020 at -6.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.11% | 1.28% | -5.88% | 8.29% | 4.42% | 0.30% | 11.48% | ||||||
| 2025 | 2.50% | -0.93% | -6.02% | -0.54% | 4.42% | 4.83% | 1.42% | 3.29% | 3.05% | 1.78% | 1.03% | 0.71% | 16.15% |
| 2024 | 0.32% | 5.16% | 3.70% | -4.44% | 5.95% | 1.29% | 2.56% | 1.60% | 0.89% | -1.56% | 4.49% | 5.49% | 27.96% |
| 2023 | 4.10% | -2.41% | 1.15% | 1.22% | -0.81% | 5.04% | 2.48% | -1.51% | -3.84% | -2.97% | 6.20% | 5.18% | 14.00% |
| 2022 | -3.96% | -1.05% | 0.61% | -5.28% | 0.08% | -3.66% | 2.97% | -2.32% | -3.60% | 3.50% | 3.60% | -2.50% | -11.49% |
| 2021 | 0.08% | 2.30% | 3.70% | 4.50% | 1.11% | 1.69% | 1.01% | 2.57% | -3.68% | 4.92% | -1.52% | 2.49% | 20.56% |
Benchmark Metrics
Meeder Spectrum Fund has an annualized alpha of 1.31%, beta of 0.67, and R2 of 0.77 versus S&P 500 Index. Calculated based on daily prices since January 07, 2015.
- This fund participated in 75.72% of S&P 500 Index downside but only 70.78% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.67 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.31%
- Beta
- 0.67
- R²
- 0.77
- Upside Capture
- 70.78%
- Downside Capture
- 75.72%
Expense Ratio
FLSPX has a high expense ratio of 1.52%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FLSPX ranks 74 for risk / return — better than 74% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Meeder Spectrum Fund (FLSPX) and compare them to S&P 500 Index.
| FLSPX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.56 | 2.39 | +0.17 |
Sortino ratioReturn per unit of downside risk | 3.49 | 3.25 | +0.24 |
Omega ratioGain probability vs. loss probability | 1.45 | 1.43 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 3.53 | 3.11 | +0.41 |
Martin ratioReturn relative to average drawdown | 15.20 | 14.38 | +0.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Meeder Spectrum Fund provided a 4.06% dividend yield over the last twelve months, with an annual payout of $0.68 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.68 | $0.65 | $2.36 | $1.06 | $0.34 | $0.77 | $0.01 | $0.12 | $0.14 | $0.78 | $0.26 | $0.15 |
Dividend yield | 4.06% | 4.32% | 17.39% | 8.41% | 2.81% | 5.55% | 0.09% | 0.96% | 1.26% | 6.78% | 2.52% | 1.55% |
Monthly Dividends
The table displays the monthly dividend distributions for Meeder Spectrum 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 | $0.04 | $0.00 | $0.00 | $0.00 | $0.04 | ||||||
| 2025 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.62 | $0.65 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $2.28 | $2.36 |
| 2023 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.96 | $1.06 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.24 | $0.06 | $0.34 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.75 | $0.77 |
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 Meeder Spectrum 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 Meeder Spectrum Fund was 27.07%, occurring on Mar 23, 2020. Recovery took 209 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -27.07%Mar 2020 | 1mo 9d | 10mo 3d | 11mo 12dFeb 2020 - Jan 2021 |
Bear market2022 | -20.01%Sep 2022 | 9mo 3d | 1y 4mo | 2y 1moDec 2021 - Feb 2024 |
2025 selloff2025 | -16.23%Apr 2025 | 1mo 17d | 2mo 25d | 4mo 12dFeb 2025 - Jul 2025 |
2016 correction2016 | -12.84%Feb 2016 | 9mo 20d | 9mo 18d | 1y 7moApr 2015 - Nov 2016 |
Rate-hike selloffLate 2018 | -11.99%Dec 2018 | 3mo 26d | 11mo 27d | 1y 3moAug 2018 - Dec 2019 |
Drawdown Indicators
| FLSPX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.07% | -56.78% | +29.71% |
Max Drawdown (1Y)Largest decline over 1 year | -8.73% | -9.10% | +0.37% |
Max Drawdown (3Y)Largest decline over 3 years | -16.23% | -18.90% | +2.67% |
Max Drawdown (5Y)Largest decline over 5 years | -20.01% | -25.43% | +5.42% |
Max Drawdown (10Y)Largest decline over 10 years | -27.07% | -33.92% | +6.85% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -5.69% | -10.72% | +5.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 1.97% | +0.05% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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