Monteagle Opportunity Equity Fund (HEQFX)

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

Monteagle Opportunity Equity Fund (HEQFX) has returned 0.00% so far this year and 13.19% over the past 12 months. Over the last ten years, HEQFX has returned 8.58% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jun 10, 1998, HEQFX's average daily return is +3.71%, while the average monthly return is +0.65%. At this rate, your investment would double in approximately 8.9 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2020 with a return of +13.0%, while the worst month was Oct 2008 at -16.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, HEQFX closed higher 50% of trading days. The best single day was Jan 22, 2025 with a return of +9,309.4%, while the worst single day was Jan 23, 2025 at -98.9%.

Monteagle Opportunity Equity Fund has an annualized alpha of 907867.86%, beta of 0.80, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since June 11, 1998.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (90.69%) than losses (89.49%) — typical of diversified or defensive assets.
• R² of 0.00 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

HEQFX has a high expense ratio of 1.71%, indicating above-average management fees.

HEQFX ranks 30 for risk / return — below 30% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Monteagle Opportunity Equity Fund (HEQFX) and compare them to a chosen benchmark (S&P 500 Index).

Monteagle Opportunity Equity Fund provided a 10.93% dividend yield over the last twelve months, with an annual payout of $0.51 per share.

The table displays the monthly dividend distributions for Monteagle Opportunity Equity 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 Monteagle Opportunity Equity 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 Monteagle Opportunity Equity Fund was 99.13%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current Monteagle Opportunity Equity Fund drawdown is 98.88%.

The chart below shows the rolling one-month volatility.