- ISIN
- US5272898702
- CUSIP
- 527289870
- Issuer
- Leuthold
- Inception Date
- Apr 29, 2008
- Category
- Global Allocation
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
GLBIX Performance Chart
Leuthold Global Fund (GLBIX) is up 12.2% since the beginning of the year. GLBIX is currently trading at $11 per share. Investors who bought $1,000 worth of GLBIX shares 5 years ago would now be looking at an investment worth $1,369.
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Returns By Period
Leuthold Global Fund (GLBIX) has returned 12.18% so far this year and 22.60% over the past 12 months. Over the last ten years, GLBIX has returned 6.42% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
Leuthold Global Fund
- 1D
- 0.19%
- 1M
- 2.72%
- YTD
- 12.18%
- 6M
- 14.15%
- 1Y
- 22.60%
- 3Y*
- 12.70%
- 5Y*
- 6.49%
- 10Y*
- 6.42%
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%
GLBIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2009, GLBIX's average daily return is +0.03%, while the average monthly return is +0.63%. At this rate, an investment would double in approximately 9.2 years.
Historically, 62% of months were positive and 38% were negative. The best month was Apr 2009 with a return of +8.7%, while the worst month was Mar 2020 at -8.6%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 5 months.
On a daily basis, GLBIX closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +4.3%, while the worst single day was Mar 16, 2020 at -5.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.08% | 4.44% | -4.05% | 3.92% | 2.32% | 0.19% | 12.18% | ||||||
| 2025 | 3.63% | -0.22% | 0.11% | 1.21% | 2.49% | 1.37% | 0.42% | 3.32% | 1.51% | -0.59% | 1.20% | 2.07% | 17.72% |
| 2024 | -0.74% | 1.60% | 3.05% | -3.68% | 3.29% | -1.95% | 3.04% | 0.41% | 1.32% | -2.70% | 1.89% | -4.05% | 1.08% |
| 2023 | 3.70% | -2.05% | -0.33% | 1.00% | -2.63% | 3.60% | 2.17% | -1.70% | -2.03% | -1.44% | 4.60% | 3.53% | 8.32% |
| 2022 | -2.65% | -0.20% | 0.10% | -4.04% | 3.26% | -7.50% | 2.20% | -1.72% | -4.47% | 4.61% | 4.79% | -1.79% | -7.91% |
| 2021 | -0.22% | 4.00% | 2.77% | 2.80% | 1.62% | -0.60% | 0.50% | 1.29% | -3.14% | 2.13% | -0.71% | 3.87% | 15.01% |
Benchmark Metrics
Leuthold Global Fund has an annualized alpha of 1.19%, beta of 0.47, and R2 of 0.71 versus S&P 500 Index. Calculated based on daily prices since January 05, 2009.
- This fund participated in 60.46% of S&P 500 Index downside but only 51.75% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.47 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
- 1.19%
- Beta
- 0.47
- R²
- 0.71
- Upside Capture
- 51.75%
- Downside Capture
- 60.46%
Expense Ratio
GLBIX has a high expense ratio of 1.57%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
GLBIX ranks 79 for risk / return — better than 79% 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 Leuthold Global Fund (GLBIX) and compare them to S&P 500 Index.
| GLBIX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.75 | 2.39 | +0.37 |
Sortino ratioReturn per unit of downside risk | 4.03 | 3.25 | +0.77 |
Omega ratioGain probability vs. loss probability | 1.53 | 1.43 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 3.61 | 3.11 | +0.50 |
Martin ratioReturn relative to average drawdown | 12.82 | 14.38 | -1.56 |
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
Leuthold Global Fund provided a 8.66% dividend yield over the last twelve months, with an annual payout of $0.92 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.92 | $0.92 | $0.73 | $0.24 | $0.46 | $0.19 | $0.02 | $0.09 | $0.66 | $0.90 | $0.87 | $0.37 |
Dividend yield | 8.66% | 9.71% | 8.31% | 2.52% | 5.18% | 1.89% | 0.25% | 1.04% | 8.48% | 9.31% | 9.66% | 3.75% |
Monthly Dividends
The table displays the monthly dividend distributions for Leuthold Global 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 | $0.20 | $0.92 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.57 | $0.17 | $0.73 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.23 | $0.24 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.33 | $0.09 | $0.46 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.00 | $0.19 |
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 Leuthold Global 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 Leuthold Global Fund was 26.82%, occurring on Mar 23, 2020. Recovery took 201 trading sessions.
The current Leuthold Global Fund drawdown is 0.47%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -26.82%Mar 2020 | 2y 1mo | 9mo 20d | 2y 11moJan 2018 - Jan 2021 |
Financial crisis2007–2009 | -16.75%Mar 2009 | 2mo 1d | 1mo 26d | 3mo 27dJan 2009 - May 2009 |
Bear market2022 | -16.14%Sep 2022 | 8mo 16d | 1y 5mo | 2y 1moJan 2022 - Mar 2024 |
2011 correction2011 | -15.92%Oct 2011 | 2mo 28d | 1y 3mo | 1y 6moJul 2011 - Jan 2013 |
2010 correction2010 | -11.70%Jul 2010 | 2mo 6d | 3mo 5d | 5mo 11dApr 2010 - Oct 2010 |
Drawdown Indicators
| GLBIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.82% | -56.78% | +29.96% |
Max Drawdown (1Y)Largest decline over 1 year | -6.39% | -9.10% | +2.71% |
Max Drawdown (3Y)Largest decline over 3 years | -6.39% | -18.90% | +12.51% |
Max Drawdown (5Y)Largest decline over 5 years | -16.14% | -25.43% | +9.29% |
Max Drawdown (10Y)Largest decline over 10 years | -26.82% | -33.92% | +7.10% |
Current DrawdownCurrent decline from peak | -0.47% | 0.00% | -0.47% |
Average DrawdownAverage peak-to-trough decline | -4.87% | -10.72% | +5.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.80% | 1.97% | -0.17% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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