- ISIN
- US3678292075
- CUSIP
- 367829207
- Issuer
- Natixis
- Inception Date
- Dec 6, 1977
- Category
- Options Trading
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Alternatives
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
GATEX Performance Chart
Gateway Fund (GATEX) is up 4.4% since the beginning of the year. GATEX is currently trading at $53 per share. Investors who bought $1,000 worth of GATEX shares 5 years ago would now be looking at an investment worth $1,406.
Loading charts...
Returns By Period
Gateway Fund (GATEX) has returned 4.39% so far this year and 13.83% over the past 12 months. Over the last ten years, GATEX has returned 6.77% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Gateway Fund
- 1D
- 0.76%
- 1M
- 0.45%
- YTD
- 4.39%
- 6M
- 4.19%
- 1Y
- 13.83%
- 3Y*
- 11.24%
- 5Y*
- 7.06%
- 10Y*
- 6.77%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
GATEX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 1980, GATEX's average daily return is +0.02%, while the average monthly return is +0.46%. At this rate, an investment would double in approximately 12.6 years.
Historically, 70% of months were positive and 30% were negative. The best month was Oct 2002 with a return of +7.9%, while the worst month was Oct 1987 at -16.7%. The longest winning streak lasted 16 consecutive months, and the longest losing streak was 5 months.
On a daily basis, GATEX closed higher 48% of trading days. The best single day was Oct 21, 1987 with a return of +9.1%, while the worst single day was Oct 19, 1987 at -24.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.12% | -0.48% | -3.68% | 5.58% | 2.11% | -0.09% | 4.39% | ||||||
| 2025 | 1.91% | -3.33% | -1.40% | 0.09% | 3.08% | 2.41% | 1.39% | 1.86% | 1.38% | 1.50% | 0.36% | 0.56% | 10.07% |
| 2024 | 1.06% | 2.59% | 1.53% | -2.31% | 3.20% | 2.14% | 0.46% | 2.46% | 1.10% | -0.07% | 3.81% | -1.26% | 15.55% |
| 2023 | 3.15% | -0.82% | 2.76% | 1.53% | 1.37% | 2.74% | 1.19% | -0.23% | -2.48% | -1.06% | 3.94% | 1.66% | 14.43% |
| 2022 | -2.24% | -2.14% | 1.13% | -4.75% | -0.56% | -4.57% | 4.23% | -2.38% | -5.57% | 4.41% | 3.26% | -2.92% | -12.06% |
| 2021 | -0.60% | 1.51% | 2.25% | 1.77% | 0.78% | 1.34% | 0.71% | 1.19% | -2.38% | 3.20% | -0.65% | 1.69% | 11.24% |
Benchmark Metrics
Gateway Fund has an annualized alpha of 0.99%, beta of 0.45, and R2 of 0.61 versus S&P 500 Index. Calculated based on daily prices since January 02, 1980.
- This fund participated in 47.30% of S&P 500 Index downside but only 42.68% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.45 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
- 0.99%
- Beta
- 0.45
- R²
- 0.61
- Upside Capture
- 42.68%
- Downside Capture
- 47.30%
Expense Ratio
GATEX has a high expense ratio of 0.93%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
GATEX ranks 68 for risk / return — better than 68% 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 Gateway Fund (GATEX) 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.
| GATEX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.37 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.77 | 2.78 | -0.01 |
| Martin ratioReturn relative to average drawdown | 12.82 | 12.44 | +0.38 |
Dividends
Dividend History
Gateway Fund provided a 0.18% dividend yield over the last twelve months, with an annual payout of $0.10 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.10 | $0.11 | $0.19 | $0.27 | $0.22 | $0.17 | $0.31 | $0.38 | $0.36 | $0.34 | $0.42 | $0.55 |
Dividend yield | 0.18% | 0.22% | 0.42% | 0.67% | 0.63% | 0.43% | 0.83% | 1.09% | 1.15% | 1.01% | 1.36% | 1.84% |
Monthly Dividends
The table displays the monthly dividend distributions for Gateway 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 | $0.03 | $0.00 | $0.00 | $0.00 | $0.03 | ||||||
| 2025 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.11 |
| 2024 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.19 |
| 2023 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.27 |
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.22 |
| 2021 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.02 | $0.17 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Gateway 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 Gateway Fund was 29.74%, occurring on Oct 19, 1987. Recovery took 316 trading sessions.
The current Gateway Fund drawdown is 0.45%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Black Monday1987 | -29.74%Oct 1987 | 6y 6mo | 1y 3mo | 7y 9moApr 1981 - Jan 1989 |
Financial crisis2007–2009 | -27.90%Mar 2009 | 9mo 6d | 3y 7d | 3y 9moJun 2008 - Mar 2012 |
Dot-com crash2000–2002 | -21.72%Jul 2002 | 1y 10mo | 1y 6mo | 3y 4moSep 2000 - Jan 2004 |
Bear market2022 | -16.39%Sep 2022 | 8mo 28d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
COVID crash2020 | -16.12%Mar 2020 | 1mo 2d | 5mo 4d | 6mo 6dFeb 2020 - Aug 2020 |
Drawdown Indicators
| GATEX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.74% | -56.78% | +27.04% |
Max Drawdown (1Y)Largest decline over 1 year | -6.01% | -9.10% | +3.09% |
Max Drawdown (3Y)Largest decline over 3 years | -11.52% | -18.90% | +7.38% |
Max Drawdown (5Y)Largest decline over 5 years | -16.39% | -25.43% | +9.04% |
Max Drawdown (10Y)Largest decline over 10 years | -16.39% | -33.92% | +17.53% |
Current DrawdownCurrent decline from peak | -0.45% | -1.80% | +1.35% |
Average DrawdownAverage peak-to-trough decline | -3.90% | -10.71% | +6.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.20% | 2.03% | -0.83% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with GATEX
Add Gateway Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with GATEX