Gotham Index Plus Fund (GINDX)

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The chart shows the growth of an initial investment of $10,000 in Gotham Index Plus Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Gotham Index Plus Fund (GINDX) has returned -7.06% so far this year and 16.54% over the past 12 months. Looking at the last ten years, GINDX has achieved an annualized return of 13.89%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Jan 4, 2016, GINDX's average daily return is +0.06%, while the average monthly return is +1.22%. At this rate, your investment would double in approximately 4.8 years.

Historically, 65% of months were positive and 35% were negative. The best month was Apr 2020 with a return of +12.1%, while the worst month was Mar 2020 at -10.3%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, GINDX closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +9.6%, while the worst single day was Mar 16, 2020 at -11.8%.

Gotham Index Plus Fund has an annualized alpha of 2.38%, beta of 0.97, and R² of 0.91 versus S&P 500 Index. Calculated based on daily prices since January 05, 2016.

• This fund captured 102.76% of S&P 500 Index gains but only 93.42% of its losses — a favorable profile for investors.
• This fund generated an annualized alpha of 2.38% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 0.97 and R² of 0.91, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

GINDX has a high expense ratio of 1.15%, indicating above-average management fees.

GINDX ranks 49 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Gotham Index Plus Fund (GINDX) and compare them to a chosen benchmark (S&P 500 Index).

Gotham Index Plus Fund provided a 3.51% dividend yield over the last twelve months, with an annual payout of $1.07 per share.

The table displays the monthly dividend distributions for Gotham Index Plus Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Gotham Index Plus 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 Gotham Index Plus Fund was 33.70%, occurring on Mar 23, 2020. Recovery took 105 trading sessions.

The current Gotham Index Plus Fund drawdown is 9.06%.

The chart below shows the rolling one-month volatility.